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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China Builds Massive Laser Fusion Facility: China is constructing a massive laser fusion research facility in Mianyang, southwestern China, according to satellite imagery ana ...; KO YONG-CHUL Reporter 2025.01.29

Seoul Apartment Rents Surge Amidst Villa Rental Decline: Seoul, South Korea – A recent surge in rental prices for small apartments in Seoul and other parts of the metropolitan area ...; Hwang Sujin Reporter 2025.01.29

Incheon Motels Fined for Price-Fixing and Amenity Fees: Incheon, South Korea – A group of motel operators in Incheon's Jung-gu district have been fined by the Fair Trade Commission ...; KO YONG-CHUL Reporter 2025.01.28

Global and South Korean Ad Markets Poised for Growth Amidst Uncertainties: Seoul, South Korea – Despite global economic uncertainties and domestic political turmoil, both the global and South Korean ...; Desk 2025.01.28

Foreign Job Seekers in Korea on the Rise, Dedicated Platforms Emerge: Seoul, South Korea – As the number of foreign workers in South Korea surpasses one million, dedicated recruitment platforms ...; Desk 2025.01.28

South Korea Aims to Build 2.7 Million New Homes Amidst Housing Crisis: Seoul, South Korea – The South Korean government has unveiled an ambitious plan to construct 2.7 million new homes over the ...; Hwang Sujin Reporter 2025.01.27

Vietnam Accelerates Semiconductor Industry Development: HÀ NỘI — The Ministry of Industry and Trade (MoIT) is accelerating efforts to fast-track the country's semiconductor ...; Graciela Maria Reporter 2025.01.26

Vietnam's Electronics Industry Booms in 2024: Vietnam's electronics industry experienced a remarkable surge in 2024, with exports reaching a staggering $126.5 billion. This imp ...; Global Economic Times Reporter 2025.01.26

South Jeolla Province to Build Major Space Launch Complex: Goheung, South Korea – South Jeolla Province announced on January 25 that it will begin construction of a major space launch ...; Global Economic Times Reporter 2025.01.26

Chinese Shipbuilders Overtake South Korea Amidst Global Shipbuilding Boom: Seoul, South Korea – A recent report from Clarksons Research has revealed a significant shift in the global shipbuilding la ...; JEONG CHAN MYEONG Senior Reporter 2025.01.26

Seoul's Luxury Apartment Market Soars as Prices Hit Record Highs: Seoul, South Korea – The South Korean capital's luxury apartment market has experienced a dramatic surge, with over half of ...; Hwang Sujin Reporter 2025.01.26

Korean Air Introduces New Airbus A350-900 Aircraft: Seoul, South Korea – Korean Air announced today that it will be introducing its first two Airbus A350-900 aircraft into serv ...; Global Economic Times Reporter 2025.01.26

Peruvian Anchovy Fishing Season Exceeds Expectations, Boosting Exports: Lima, Peru – January 23, 2025 – Peru’s second anchovy fishing season has concluded with record-breaking results, ...; Eugenio Rodolfo Sanabria Reporter 2025.01.25

Salvadoran Brewery Invests $60 Million, Citing Government's Pro-Business Reforms: San Salvador, El Salvador – Cervecería Salvadoreña, one of the country's leading breweries, is set to invest $ ...; Pedro Espinola Special Correspondent 2025.01.25

El Salvador's EDP Power Plant Delivers Significant Savings and Environmental Benefits: San Salvador, El Salvador – Energía del Pacífico (EDP), a privately-owned liquefied natural gas (LNG) power ge ...; Pedro Espinola Special Correspondent 2025.01.25

Genesis Unveils Revolutionary GV60 Concept for Extreme Conditions: Davos, Switzerland – Genesis, Hyundai Motor Group’s luxury brand, has unveiled its latest concept vehicle, the GV60 Mo ...; Eugenio Rodolfo Sanabria Reporter 2025.01.25

South Korea Sees Uptick in Population Migration Amid Housing Market Boom: Seoul, South Korea – South Korea experienced a resurgence in population migration last year, driven by an increase in home s ...; Desk 2025.01.25

Chinese EV Makers Sue EU Over High Tariffs: Three of China's leading electric vehicle (EV) manufacturers, BYD, Geely, and SAIC Motor, have filed a lawsuit against the Europea ...; Eugenio Rodolfo Sanabria Reporter 2025.01.24

Soaring Rent in Seoul Amid Housing Shortage and Fraud Scandals: Seoul, South Korea – Rent prices for apartments, villas, and officetels in Seoul have been steadily climbing due to a combin ...; ONLINE TEAM 2025.01.22

El Salvador to Build Five Skyscrapers in 2025: San Salvador - El Salvador is set to embark on an ambitious construction project, with five new skyscrapers over 35 stories slated ...; Graciela Maria Reporter 2025.01.22