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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SK Chemicals and Hyundai-Kia Partner to Revolutionize Automotive Recycling: Seoul, South Korea – SK Chemicals, a leading South Korean chemical company, announced today that it has successfully integra ...; Desk 2024.12.11

GTX-A North Section to Open, Dramatically Cutting Travel Time: Seoul, South Korea – The Ministry of Land, Infrastructure and Transport announced that the northern section of the GTX-A exp ...; KO YONG-CHUL Reporter 2024.12.11

Korean Air Wins Multiple Awards at 2024 Global Traveler Tested Reader Survey Awards: Seoul, South Korea – Korean Air has been recognized for its exceptional service and amenities in the 2024 Global Traveler Te ...; Hwang Sujin Reporter 2024.12.11

Kumho Construction Rides High on Successful New Residential Brand and Plant Projects: Seoul, South Korea – Kumho Construction is experiencing a significant upswing, driven by the consecutive sellouts of its new ...; Desk 2024.12.09

Saudi Aramco Boosts Power Efficiency with COPA-DATA's zenon at Shaybah Field: Riyadh, Saudi Arabia – Saudi Aramco, a global leader in the energy industry, has significantly enhanced the efficiency of it ...; Desk 2024.12.09

WasteEnergySolution Showcases Innovative Plastic Recycling at the 2024 Circular Economy Festival: Seoul, South Korea – WasteEnergySolution, a leading South Korean company specializing in plastic recycling technology, has h ...; Global Economic Times Reporter 2024.12.09

Reclaimed Wheels: A New Spin on Sustainability: Seoul, South Korea – A South Korean company, APM, has unveiled a groundbreaking solution for sustainable automotive manufact ...; Desk 2024.12.09

Boeing Machinists Return to Work, Boosting Local Economies: Renton, WA – After a seven-week strike, Boeing machinists have returned to work, bringing relief to both workers and local b ...; Hannah Yeh Reporter 2024.12.07

Eni to Resume Drilling in Egypt's Zohr Gas Field: Cairo, Egypt – Italian energy giant Eni plans to restart drilling operations in Egypt's Zohr gas field by the end of 2024. T ...; Pedro Espinola Special Correspondent 2024.12.06

BP Accelerates Oil and Gas Production in Egypt: Cairo, Egypt – BP, a global energy giant, is ramping up its operations in Egypt as the country seeks to bolster its energy s ...; Eugenio Rodolfo Sanabria Reporter 2024.12.06

LS Electric Completes Korea's First HVDC Subsea Cable Project: Jeju, South Korea – LS Electric, a leading global power equipment manufacturer, has successfully completed Korea's first hig ...; KO YONG-CHUL Reporter 2024.12.06

Ad Agencies Shift Focus to Experiential Marketing Amidst Traditional Media Slowdown: Seoul, South Korea – As the traditional advertising market, including TV, newspapers, radio, and magazines, continues to slo ...; Desk 2024.12.06

South Korea Tightens Export Controls on Advanced Technologies: Seoul, South Korea – South Korea’s Ministry of Trade, Industry, and Energy announced on Tuesday that it will be expand ...; Hwang Sujin Reporter 2024.12.06

South Korea's Current Account Surplus Continues Amidst Moderating Export Growth: Seoul, South Korea – South Korea's current account posted a surplus for the sixth consecutive month in October, driven by st ...; Hwang Sujin Reporter 2024.12.06

Citrus Prices Soar Amidst Climate Change and Supply Shortages: Seoul, South Korea – The cost of citrus fruits, a staple of Korean winters, has skyrocketed due to a combination of adverse ...; Desk 2024.12.06

Saudi Arabia's NSG Acquires Airbus' UP42 to Boost Geospatial Capabilities: JEDDAH: Saudi Arabia's Neo Space Group (NSG) has made a significant stride towards its Vision 2030 goals by finalizing an agreemen ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Pahang's Golden Promise: State Records Significant Gold Production: Kuantan, Pahang: Pahang state, located in Malaysia, has emerged as a significant gold-producing region, with seven active operatio ...; Ana Fernanda Reporter 2024.12.05

China Sets New Solar Power Record Despite Industry Struggles: Yibin, China – China is poised to shatter its annual solar power installation record once again, despite the industry grappl ...; Ana Fernanda Reporter 2024.12.05

Sugarcane Farmers in Nepal Face Unpaid Dues, Low Support Prices: Kathmandu, Nepal – Sugarcane farmers in Nepal are facing a persistent issue of unpaid dues and low support prices, despite g ...; Graciela Maria Reporter 2024.12.05

MG Unveils S5 Electric SUV, Boasting Ultra-Thin Battery and Competitive Range: SHANGHAI – MG Motor has officially launched its newest electric SUV, the MG S5, marking a significant step forward in its el ...; Ana Fernanda Reporter 2024.12.05