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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Korean Illumination and Electrical Equipment Society Holds Successful Autumn Academic Conference in Jeju: Jeju, South Korea – The Korean Illumination and Electrical Equipment Society (KIIEE) successfully hosted its 2024 Autumn Aca ...; Hwang Sujin Reporter 2024.11.14

South Korea's Agricultural Machinery Industry Surpasses 6 Trillion Won: A recent study conducted by the Korea Agricultural Machinery Cooperative has revealed that the total scale of South Korea's agricu ...; Desk 2024.11.14

A Global Buzz: The State of the Honey Industry: Honeybees, ubiquitous across the globe except for oceans and polar regions, play a vital role in our ecosystem and food supply. Ac ...; KO YONG-CHUL Reporter 2024.11.14

Livestock Certifications Gain Popularity Among South Korean Youth: South Korea is witnessing a growing trend of young people pursuing certifications in the livestock industry. As of 2023, the numbe ...; Hwang Sujin Reporter 2024.11.14

Apple Set to Enter Smart Home Market with New Wall-Mounted Display: Cupertino, California - Apple is gearing up to make a significant foray into the smart home market with a new wall-mounted display ...; Pedro Espinola Special Correspondent 2024.11.14

Goyang Residents Skeptical of New Housing Development Amidst Concerns of Oversupply: Goyang, South Korea - The South Korean government's recent announcement to develop a new residential area in Goyang's Daegok stati ...; Desk 2024.11.14

BYD to Shake Up South Korea's Electric Vehicle Market with Aggressive Expansion: Seoul, South Korea – BYD, a leading Chinese electric vehicle (EV) manufacturer that has been rivaling Tesla on a global scal ...; KO YONG-CHUL Reporter 2024.11.13

Busan Sees Record-Breaking Increase in Taiwanese and Hong Kong Tourists: Busan, South Korea – The number of Taiwanese and Hong Kong tourists visiting Busan is expected to reach a record high this y ...; Hwang Sujin Reporter 2024.11.13

Jeju Antre: A Networking Event to Rebrand Jeju: Jeju City, South Korea – The Jeju Tourism Association successfully hosted the "Jeju Antre" networking event on the 2nd, invi ...; Hwang Sujin Reporter 2024.11.13

Canfly Expands B2B Airline Ticket Market with Diverse Partnerships and Features: Canfly, a leading B2B airline ticketing platform, has been actively expanding its supply chain and differentiating itself in the c ...; Hwang Sujin Reporter 2024.11.13

Korean Airlines Top Customer Satisfaction Survey: In the 2024 National Customer Satisfaction Index (NCSI) survey conducted by the Korea Productivity Center, major Korean airlines h ...; Hwang Sujin Reporter 2024.11.13

AI and Automation to Eliminate 14% of Jobs in South Korea Over the Next Decade: Seoul, South Korea – A new report from the Korea Employment Information Service has revealed that South Korea could see a 14 ...; Global Economic Times Reporter 2024.11.13

New Hope for Helicobacter pylori Treatment: Researchers Identify Potential Drug Candidate: Scientists at the Korea Research Institute of Bioscience and Biotechnology (KRIBB) have made a significant breakthrough in the dev ...; Global Economic Times Reporter 2024.11.12

South Korean Game Companies Gear Up for a Comeback with New Releases: After a period of industry downturn, South Korean game companies are poised to rebound with a slew of new game releases in the com ...; Global Economic Times Reporter 2024.11.12

Massive Lithium Deposit Discovered in Arkansas: A groundbreaking discovery has been made in the United States, with the U.S. Geological Survey (USGS) and the state of Arkansas an ...; ONLINE TEAM 2024.11.12

Seoul to Launch Urban Air Mobility (UAM) Pilot Program in 2025: Seoul, South Korea – Seoul is set to become a pioneer in urban air mobility (UAM) as the city announced plans to launch a pi ...; Global Economic Times Reporter 2024.11.12

South Korea's Frozen Soup Market Heats Up Amid Cold Snap: Seoul, South Korea - As South Korea braces for an unusually cold winter, the competition in the frozen soup market is heating up. ...; Hwang Sujin Reporter 2024.11.12

Record-High Number of Female Executives at Top 100 Korean Companies: Seoul, South Korea - The number of female executives at South Korea's top 100 companies has reached a record high of 463, accordin ...; Global Economic Times Reporter 2024.11.11

LG Electronics Unveils Advanced Digital Cockpit Concept: Seoul, South Korea – LG Electronics has introduced its latest concept vehicle, the "Digital Cockpit Gamma," showcasing cutti ...; ONLINE TEAM 2024.11.11

South Korea to Implement Battery Safety Certification and Tracking System for Electric Vehicles: Seoul, South Korea - The Ministry of Land, Infrastructure and Transport announced on October 10th that it will be implementing a b ...; Global Economic Times Reporter 2024.11.11