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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Samsung C&T and Hyundai Engineering & Construction Vie for Hannam 4 Redevelopment Project: Seoul, South Korea – Samsung C&T and Hyundai Engineering & Construction, South Korea’s top two construction co ...; KO YONG-CHUL Reporter 2024.11.20

Dumaguete City to Host Series of Events to Boost Creative Industries: Dumaguete City, the capital of Negros Oriental province in the Philippines, is set to host a series of events aimed at upskilling ...; Eugenio Rodolfo Sanabria Reporter 2024.11.20

Paraguay Tightens Regulations on Biofuel Industry to Combat Illicit Activities: Asunción, Paraguay – The Paraguayan Congress has passed a new law aimed at cracking down on illegal activities within ...; KO YONG-CHUL Reporter 2024.11.20

Hyundai Unveils High-Performance Avante N TCR Edition, Bringing Race Track Technology to the Streets: Seoul, South Korea – Hyundai Motor has unveiled the highly anticipated Avante N TCR Edition, a limited-edition model that br ...; Desk 2024.11.18

South Korea's Housing Market Shows Mixed Signals in October: Seoul, South Korea – The Korean Real Estate Board's latest housing price index for October reveals a mixed bag of results. W ...; KO YONG-CHUL Reporter 2024.11.18

Sejong City Hosts Expo to Tackle Soaring Commercial Vacancy Rates: Sejong City, South Korea – In a bid to address its skyrocketing commercial vacancy rates, Sejong City is hosting a two-day e ...; Desk 2024.11.18

South Korea's Housing Guarantee Corporation Faces Mounting Losses Amidst Soaring Rent Deposit Defaults: Seoul, South Korea – The Housing & Urban Guarantee Corporation (HUG) is facing a mounting financial crisis as the number ...; Hwang Sujin Reporter 2024.11.18

Samsung Unveils Bespoke AI Combo at IFA 2024, Revolutionizing Laundry Experience: Berlin, Germany – Samsung Electronics, a global leader in consumer electronics, has introduced its innovative Bespoke AI Com ...; Ana Fernanda Reporter 2024.11.18

Cement Industry Faces Slump Amidst Construction Downturn: Seoul, South Korea – Despite entering the peak season for cement demand, major South Korean cement manufacturers are scaling ...; KO YONG-CHUL Reporter 2024.11.18

South Korea's Top 10 Construction Firms Face $14 Billion in Uncollected Payments: Seoul, South Korea – South Korea's ten largest construction companies are collectively grappling with a significant amount o ...; KO YONG-CHUL Reporter 2024.11.17

Kia Unveils EV3 Study Car, A Sustainable Experiment in Automotive Design: Seoul, South Korea – Kia Corporation, a leading global automaker, has unveiled its EV3 Study Car, an eco-friendly experiment ...; Graciela Maria Reporter 2024.11.17

Egypt Revives State-Owned Carmaker El-Nasr: Egyptian Prime Minister Mostafa Madbouly has stated that the revival of the decades-old state-owned carmaker, El-Nasr, showcases t ...; Graciela Maria Reporter 2024.11.17

Renault Korea's Grand Koleos Captures 30% of Mid-size Hybrid SUV Market in South Korea: Seoul, South Korea – Renault Korea's Grand Koleos has made a significant impact on the South Korean mid-size hybrid SUV mark ...; Eugenio Rodolfo Sanabria Reporter 2024.11.16

South Korea Sees Decline in Female Executives in Public Institutions: Seoul, South Korea – A recent study by the Leaders Index has revealed a concerning decline in the number of female executive ...; Hwang Sujin Reporter 2024.11.16

South Korean Food Companies Show Mixed Results in Q3: Seoul, South Korea – South Korea's food industry has reported mixed results for the third quarter of this year. While compan ...; Hwang Sujin Reporter 2024.11.16

Louis Vuitton's Construction Site Steals the Show in NYC: New York City – While Louis Vuitton has recently opened a temporary flagship store on Manhattan's 57th Street, it's the cons ...; Eugenio Rodolfo Sanabria Reporter 2024.11.16

Grip Surpasses 10 Million Downloads, Revolutionizing Live Commerce in South Korea: Seoul, South Korea - Grip, South Korea's pioneering live commerce platform, has announced that it has surpassed 10 million downloa ...; Desk 2024.11.16

Samduk Corporation Rises from the Ashes of Kaesong Industrial Complex: Seoul, South Korea – Samduk Corporation, a South Korean footwear manufacturer, has made a remarkable recovery after losing i ...; KO YONG-CHUL Reporter 2024.11.16

Harim's First Kitchen: A Seamless Journey from Farm to Table: Iksan, South Korea – Harim, a leading food company in South Korea, has unveiled its state-of-the-art “First Kitchen&rd ...; Hwang Sujin Reporter 2024.11.16

South Korea's Property Tax Burden to Rise Amidst Government Policy Changes: Seoul, South Korea – The South Korean government's decision to adjust property assessment values based solely on market fluc ...; Hwang Sujin Reporter 2024.11.16