Global Economic Times

2026.06.05 (Fri)
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Zeekr Targets 2,000 Sales for '7X' EV in South Korea This Year

Hangzhou, China — Zeekr, the premium electric vehicle (EV) brand under China's Geely Auto Group, has officially established an ambitious sales target to sell 2,000 units of its electric SUV,
Murata Unveils Next-Gen Resin Electrode MLCC for Automotive Applications

TOKYO — In a major step toward supporting the rapid electrification of the automotive industry, Murata Manufacturing Co., Ltd. (Murata) has announced the mass production of its latest innovation

Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities

SEOUL — The Super-Enterprise Labor Union’s Samsung Electronics branch, previously the largest labor union at Samsung Electronics, has officially lost its majority status. This shift comes

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Duty-Free Industry Sees Positive Ripple Effect as Lotte Duty Free Halts Daigou Transactions: Seoul, South Korea – A positive shift is being observed within the South Korean duty-free industry as Lotte Duty Free has co ...; Desk 2025.04.14

South Korea Urges US Against Copper Tariffs, Citing Potential Harm to Bilateral Investment: SEOUL, South Korea – The South Korean government has formally requested the United States to refrain from imposing tariffs o ...; Desk 2025.04.14

Daegu Seeks Companies for Future Mobility Technology Development Project: Daegu, South Korea – The Daegu Metropolitan City has announced a call for applications from companies to participate in its ...; Desk 2025.04.14

Korea National Railway Hosts Salvadoran Officials for Pacific Railway Feasibility Study Training: Daejeon, South Korea – The Korea National Railway (KNR) announced today that it held a training program for railway officia ...; KIM YOUNG MIN 2025.04.14

SK On's Georgia Plant Transforms Small US Town into Tech Hub: Commerce, Georgia – Once a quintessential small American town where residents primarily engaged in agriculture and warehousi ...; Yim Kwangsoo Correspondent 2025.04.14

Protracted Slump Grips South Korea's Accommodation and Food Service Sector Amid Economic Downturn: South Korea's accommodation and food service industry is grappling with its most prolonged downturn on record as high interest rat ...; Hwang Sujin Reporter 2025.04.14

Trump's Tariff U-Turns Sow Uncertainty Among South Korean Tech Giants: SEOUL – A volatile trade policy emanating from the United States under the Trump administration is leaving South Korean tech ...; KO YONG-CHUL Reporter 2025.04.14

Australia Grapples with Housing Unaffordability as Election Looms: Sydney, Australia - A confluence of soaring property values, relentless increases in rental costs, and a significant deficit in so ...; Graciela Maria Reporter 2025.04.14

Australian Avocado Exporters Poised to Capitalize on Strengthening Trade Ties with China: Australian avocado exporters stand on the cusp of accessing the lucrative Chinese market, buoyed by improving trade relations betw ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Singapore Unveils 'Tourism 2040 Roadmap': Boosting MICE Industry and Creating Attractive Tourist Destinations: Singapore - The Singapore Tourism Board (STB) has announced its ambitious 'Tourism 2040 Roadmap', outlining the blueprint for the ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Singapore's Luxury Housing Market Set for a Surge with 2,500 New Units in 2025: Singapore - Singapore's luxury housing market is expected to see a significant boost in 2025, with approximately 2,500 new homes f ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Singapore-India Air Passenger Traffic Surpasses 5 Million for the First Time; Changi Airport Focuses on Growth in the Indian Market: SINGAPORE - According to an announcement by Singapore Changi Airport, the number of air passengers traveling between Singapore and ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Philippine Economy Faces Looming Trade Crisis; Government Response Remains Uncertain: Manila, Philippines – Analyses suggest that the Philippine economy could face significant challenges with the potential resu ...; Desk 2025.04.14

Philippines' Unique Labor Law, the '13th Month Pay'... Discussions for Domestic Introduction Face Strong Opposition: Manila, Philippines - Often, unique or peculiar labor law regulations abroad, while fitting the local context, can feel somewhat u ...; Desk 2025.04.14

Hyundai-Kia Revving Up Russia Return Amid Easing Tensions: As diplomatic efforts to resolve the conflict in Ukraine gain traction, South Korean automotive giant Hyundai Motor Group is strat ...; Hwang Sujin Reporter 2025.04.13

Top Two South Korean Steelmakers Consider Alliance: POSCO Eyes Investment in Hyundai Steel's US Plant: South Korea's leading steelmaker, POSCO, is reportedly considering a significant equity investment in a new electric arc furnace ( ...; KO YONG-CHUL Reporter 2025.04.13

'Queen of Roads' Whitmer's Meeting with Trump Sparks 'Controversy' Within Democratic Party: Gretchen Whitmer, who rose to the Michigan governorship on the slogan "Fix the damn roads," is making political moves that are dra ...; Yim Kwangsoo Correspondent 2025.04.13

Boeing Huntsville-Made Missile Defense Component Named "Coolest Thing Made in Alabama" This Year: HUNTSVILLE, ALABAMA – A critical component for a missile defense system produced by aerospace and defense giant Boeing in Hu ...; Ana Fernanda Reporter 2025.04.13

Trump Administration's Alaska Oil Development Policy: Mixed Signals Fuel Industry Uncertainty: The Trump administration has ushered in a new chapter in the decades-long conflict between commerce and conservation in Alaska, fo ...; Yim Kwangsoo Correspondent 2025.04.12

Hawaii on the Brink of Legalizing Online Sports Betting: Economic Benefits and Social Concerns Intertwine: As the expansion of the sports betting market in the United States has recently shown signs of slowing, Hawaii is moving closer to ...; Yim Kwangsoo Correspondent 2025.04.12