Global Economic Times

2026.03.07 (Sat)
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Hanwha Aerospace Solidifies Baltic Stronghold with $330M Defense Investment in Estonia

(C) Hanwha TALLINN – Hanwha Aerospace, South Korea’s leading defense contractor, has announced a landmark investment package in Estonia valued at approximately €260 million ($330 m
U.S. Labor Market Faces Cold Snap: Payrolls Plummet by 92,000 as Unemployment Edges Up to 4.4%

(C) CBS 42 NEW YORK — The resilient U.S. labor market hit a significant stumbling block in February, as nonfarm payrolls saw a surprise contraction and the unemployment rate climbed to its hi

Future on Three Wheels: Aptera Delivers World's First Solar-Powered Electric Vehicle

(C) KPBS SAN DIEGO — The dream of a car that never needs to be plugged in moved one step closer to reality today as California-based startup Aptera Motors officially rolled out its first produ

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Portugal's Lithium Mine Debate: Parliament Demands Oversight Amidst Local Resistance: Portugal's quest for a stake in the burgeoning lithium market has ignited a fierce debate, pitting economic ambitions against envi ...; Ana Fernanda Reporter 2025.03.01

Daejeon Pioneers New Affordable Housing Model: Regionally Tailored Public-Private Rentals: Daejeon is set to become a model for innovative, affordable housing solutions with the introduction of the "Regionally Proposed Pu ...; HONG MOON HWA Senior Reporter 2025.03.01

Chong Kun Dang Considers Major Investment in Bio R&D and Production Facility in Siheung Baegot District: Chong Kun Dang is considering establishing a research institute and biopharmaceutical production plant in the Baegot district of S ...; KO YONG-CHUL Reporter 2025.03.01

Delta Air Lines Celebrates 100 Years: From Crop Duster to Global Aviation Giant: Atlanta-based Delta Air Lines is set to celebrate its 100th anniversary on June 2, 2025. As the world's number one airline in reve ...; Eugenio Rodolfo Sanabria Reporter 2025.03.01

Yuhan-Kimberly Unveils Eco-Conscious 'Pure Baby' Bottle, Setting New Standards for Sustainable Baby Care: SEOUL, South Korea – Yuhan-Kimberly, a leading consumer goods company, has launched its groundbreaking 'Pure Baby' bottle un ...; Hwang Sujin Reporter 2025.03.01

U.S. Congress Votes to Repeal Methane Fee on Oil and Gas Producers: The U.S. Congress voted on Thursday to repeal a federal fee on oil and gas producers who release high levels of methane, undoing a ...; Eunsil Ju Reporter 2025.02.28

El Salvador Launches National Dairy Brand to Boost Local Economy: San Salvador, El Salvador – The Salvadoran government, in a collaborative effort with the private sector, has unveiled "L&aa ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

Zueitina Oil Revives Al-Sabah Field After Decade-Long Hiatus, Boosting Libyan Production: Tripoli, Libya – Zueitina Oil Company has successfully restarted operations at the Al-Sabah oil field, marking a significant ...; Ana Fernanda Reporter 2025.02.28

Kia and Samsung Electronics Partner to Integrate SmartThings Pro into PBVs: Following Hyundai Motor Company, Kia is also strengthening its collaboration with Samsung Electronics. Kia announced on February 2 ...; Hwang Sujin Reporter 2025.02.28

Korean Pharmaceutical and Biotech Companies Accelerate Expansion of Production Facilities to Secure Global Competitiveness: Seoul, South Korea – Korean pharmaceutical and biotech companies are fiercely competing to expand their production facilitie ...; Hwang Sujin Reporter 2025.02.27

Kia and Samsung Electronics Partner to Revolutionize Business Mobility with AI-Powered PBV: Tarragona, Spain – Kia Corporation and Samsung Electronics have announced a strategic partnership to integrate Samsung&rsquo ...; Desk 2025.02.27

Kenya Coffee Farmers Earn Sh.1.8 Billion in Auction Despite Volume and Price Dip: Nairobi, Kenya – The Nairobi Coffee Exchange (NCE) auction generated Sh.1.8 billion for Kenyan coffee farmers and estates, d ...; Hee Chan Kim Reporter 2025.02.27

Philippines Bolsters Gaming Industry Amidst Rising Regional Competition: MANILA – The Philippine Amusement and Gaming Corp. (PAGCOR) is implementing stricter regulations and accelerating its privat ...; Eugenio Rodolfo Sanabria Reporter 2025.02.27

Philippines Accelerates Renewable Energy and Industrial Growth with Major Investments: MANILA – The Philippines is making significant strides in bolstering its renewable energy sector and industrial landscape, a ...; Eugenio Rodolfo Sanabria Reporter 2025.02.27

Seogwipo City Begins Accepting Applications for Farmer's Allowance Support Project to Stabilize Farm Management and Revitalize the Local Economy: Seogwipo City has announced that it will begin accepting applications for the 'Farmer's Allowance Support Project' from March 4th ...; KO YONG-CHUL Reporter 2025.02.27

KIGAM Develops Cost-Effective and Efficient Lithium Extraction Technology from Brine: A research team led by Dr. Park In-soo at the Korea Institute of Geoscience and Mineral Resources (KIGAM) has developed a novel te ...; HONG MOON HWA Senior Reporter 2025.02.27

Renault Korea to Increase Production of the New Renault Grand Coleos Due to High Popularity: Renault Korea's new Renault Grand Coleos has been making waves in the mid-sized SUV segment, selling an average of 6,000 units per ...; KO YONG-CHUL Reporter 2025.02.26

Yuanta Securities Issues 'Buy' Rating for Shift Up, Citing Strong Growth Potential in China and Beyond: Yuanta Securities has issued a 'buy' rating for Shift Up, a South Korean game developer, with a target price of 90,000 won. This r ...; ONLINE TEAM 2025.02.26

Hyundai Motor Group and Samsung SDI Join Forces to Develop High-Performance Batteries for Robots: Hyundai Motor Group and Samsung SDI have announced a partnership to jointly develop high-performance batteries for robots. The col ...; Desk 2025.02.26

Ulsan Businesses Discuss Participation in Post-War Reconstruction of Ukraine: The Ulsan Chamber of Commerce and Industry announced on February 25th that it had discussed ways for Ulsan-based companies to part ...; LEE YEON SIL Reporter 2025.02.25