Global Economic Times

2026.07.22 (Wed)
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Zeekr Celebrates 5th Anniversary by Setting New Guinness World Record for Electric Vehicle Drifting

SEOUL — Zeekr, the premium electric vehicle (EV) brand under China's Geely Holding Group, has marked its fifth anniversary with a historic milestone. The company announced on July 17 that it
Robots Preserving the Taste of Kyochon’s ‘Honey Combo’: Automated Frying and Batter Dispensing Expand Nationwide

SEOUL — Kyochon F&B, the operator of South Korea's pioneer fried chicken franchise Kyochon Chicken, is rapidly expanding the integration of collaborative cooking robots and automated bat

South Korea Sets 2027 Minimum Wage at 10,700 KRW per Hour, Rebounding to 3.7% Increase After Intense Negotiations

SEJONG — South Korea’s minimum wage for 2027 has been officially finalized at 10,700 KRW (approximately $7.80 USD) per hour, marking a 3.7% increase (380 KRW) from the 2026 rate of 10,320

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US-China Tariff War Escalates to AI Semiconductor Battle; US Restricts Exports of Even Low-End Nvidia Chips to China: The protracted and increasingly acrimonious trade dispute between the United States and China has taken a significant and potentia ...; Desk 2025.04.16

US Scrutiny of Pharmaceutical Imports Under National Security Clause Triggers Proactive Measures from South Korean Biopharmaceutical Sector: The United States government's initiation of an investigation into the imposition of tariffs on imported pharmaceuticals has galva ...; Hannah Yeh Reporter 2025.04.16

GM Korea Boosts Production in Bupyeong Amidst U.S. Tariff Uncertainty, Signaling Continued Strategic Importance: In a move interpreted as a strong affirmation of South Korea's pivotal role in its global manufacturing strategy, General Motors ( ...; Min Gyu Mi Reporter 2025.04.16

U.S. Tariffs Poised to Elevate Costs, Presenting a Strategic Advantage for South Korean Industries: Seoul – The imposition of tariffs by the United States is projected to significantly inflate the expenses associated with th ...; Yim Kwangsoo Correspondent 2025.04.16

Indian Equities Emerge as a Haven Amidst US-China Trade Tensions and Global Market Volatility: As the protracted trade dispute between the United States and China injects a significant degree of uncertainty into global financ ...; Eugenio Rodolfo Sanabria Reporter 2025.04.16

Orion Accelerates Global Market Expansion with New Production Hubs in Korea, Russia, and Vietnam: Orion Corp., a leading South Korean confectionery and snack manufacturer, is significantly bolstering its global production capaci ...; KO YONG-CHUL Reporter 2025.04.16

Kia Firmly Rejects Speculation of Russian Market Re-entry Amidst Shifting Automotive Landscape: Seoul, South Korea – Kia Corporation has issued a strong rebuttal to burgeoning speculation regarding its potential return t ...; ONLINE TEAM 2025.04.16

LG's 'Lighthouse Factory' Illuminates Tennessee's Economic Horizon, Transforming Small Towns: About an hour's drive from Nashville International Airport in Tennessee lies the tranquil town of Clarksville. Upon entering LG El ...; KO YONG-CHUL Reporter 2025.04.16

Lithium Argentina-Ganfeng Lithium to Push for Integrated Development of Argentina's Lithium Triangle: According to a Reportasia report, lithium producer Lithium Argentina AG and Chinese lithium giant Ganfeng Lithium Co. Ltd. have ta ...; KO YONG-CHUL Reporter 2025.04.15

POSCO Argentina Lithium Mine Faces General Strike Amid Wage Agreement Dispute: Sharp Conflict Between Labor and Management: POSCO Argentina (hereinafter referred to as POSCO), a lithium mining subsidiary of POSCO Holdings located in Güemes, Salta Pr ...; Eugenio Rodolfo Sanabria Reporter 2025.04.15

Geely Auto and Renault Launch Joint Effort to Tap into Brazil's EV Market: EX5 to Debut in 2025: Chinese automaker Geely Auto (吉利汽车) and French Renault Group are joining forces to take their first step in conquering the South A ...; Ana Fernanda Reporter 2025.04.15

Indiana Passes Bill Criminalizing Unauthorized Lottery Courier Services: Indianapolis – The Indiana legislature has given final approval to a bill that criminalizes operating lottery courier servic ...; KO YONG-CHUL Reporter 2025.04.15

Southern Indiana Development Center Surpasses $3 Billion in Economic Impact in 2024: JEFFERSONVILLE, INDIANA – The River Ridge Development Authority (RRDA), a key driver of economic growth in Southern Indiana, ...; Min Gyu Mi Reporter 2025.04.15

Indiana Michigan Power Seeks to Expand Electricity Capacity with Acquisition of Ohio Natural Gas Power Plant: FORT WAYNE, INDIANA – Indiana Michigan Power (I&M), a subsidiary of American Electric Power (AEP), has requested approva ...; ONLINE TEAM 2025.04.15

Registration Opens for 2025 Louisiana Residential Contractor Seminar: BATON ROUGE, La. — Registration has opened for the Louisiana Contractor Accreditation Institute's (LCAI) Residential Contrac ...; Hannah Yeh Reporter 2025.04.15

Louisiana Chocolate Maker Elmer Grows by Upholding Old Ways Amidst Automation: PONCHATOULA, La. (WVUE) - For Louisianans, Easter is unimaginable without the Heavenly Hash, Gold Brick Eggs, and Pecan Eggs produ ...; Hwang Sujin Reporter 2025.04.15

The Heart of the Petrochemical Industry: Shining a Light on Louisiana's Energy Leaders: In the state of Louisiana, USA, where oil refineries, chemical plants, and energy export terminals form the landscape, the '2025 L ...; Sharon Yoon Correspondent 2025.04.15

Woodside Energy Secures $5.8 Billion Investment for Louisiana LNG Project: LOUISIANA - Australian energy giant Woodside Energy has secured a $5.8 billion (approximately ₩7.9 trillion) investment for its la ...; Eunsil Ju Reporter 2025.04.15

LG Electronics' Investment a 'Lifeline' for Tennessee's Economic Revitalization: Nashville, Tennessee – LG Electronics' bold investment is proving to be a significant growth engine for the regional economy ...; Eunsil Ju Reporter 2025.04.15

USD 2.34 Billion Private Investment Infrastructure Projects Remain in Implementation Phase: ASUNCIÓN, Paraguay – While the Ministry of Public Works and Communications (MOPC) anticipates private sector particip ...; Ana Fernanda Reporter 2025.04.15