Global Economic Times

2026.06.05 (Fri)
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South Korea’s Top Five Automakers Suffer Broad May Sales Decline Amid Weakening Domestic Demand and Global Headwinds

SEOUL — South Korea’s five major domestic automakers experienced a coordinated downturn in performance last month, reporting a contraction across both domestic sales channels and internati
Chinese Humanoid Robotics Pioneer Unitree Clears Shanghai IPO Hurdle to Raise $580 Million

In a monumental milestone for the global robotics ecosystem, Unitree Robotics, one of China’s most prominent humanoid robotics developers, has successfully cleared the regulatory hurdles require

Hyundai Motor Bets on ‘The New Grandeur’ to Jumpstart Sluggish Domestic Sales

SEOUL — Hyundai Motor Company is turning to its iconic flagship sedan, the Grandeur, to spearhead a rebound in its domestic performance after experiencing a sharp decline in sales last month. Wh

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Macrogen Completes Songdo Global Genome Center, Launching a Global Hub for AI-Driven Precision Medicine

Global Economic Times Reporter / 2026.06.03
KEPCO Secures 2.1 Trillion Won Jafurah Phase 2 Project in Saudi Arabia, Boosting Middle East Expansion

KO YONG-CHUL Reporter / 2026.06.03
Surging Memory Prices Weigh Heavily on Samsung and LG Electronics' Production Costs

Global Economic Times Reporter / 2026.06.01
Kakao Union to Launch Partial Strike on June 10, Demanding End to Restructuring

Global Economic Times Reporter / 2026.06.01
Samsung Electro-Mechanics Shifts Focus to AI Servers and Automotive Sectors, Boosting High-Value Components Business

Hwang Sujin Reporter / 2026.05.28
Department Stores Surge as Hypermarkets Struggle: The Deepening Polarization of Retail Consumption

Global Economic Times Reporter / 2026.05.27
Business Sentiment Hits 43-Month High as Supply Chains Ease and Exports Surge

Hwang Sujin Reporter / 2026.05.27
MUSINSA Reaches Historic High in Q1 2026 Driven by Global Push and Offline Expansion

Desk / 2026.05.27
‘600 Million Won Bonus’ at Samsung Electronics Triggers Deep Sense of Relative Deprivation Among Korean Workers

Global Economic Times Reporter / 2026.05.23
EV Sales Surge in Domestic Market While Exports Suffer Amid Prolonged Middle East Risks

KO YONG-CHUL Reporter / 2026.05.21
South Korea’s Mid-May Exports Hit Record High of $52.7 Billion, Propelled by Semiconductor Boom

Global Economic Times Reporter / 2026.05.21
Samsung Electronics Narrowly Avoids Strike with Landmark Compensation Deal

KO YONG-CHUL Reporter / 2026.05.21
Chinese Semiconductor Hub Shanghai Courts South Korean Suppliers to Bypass U.S. Tech Blockade

Global Economic Times Reporter / 2026.05.19
Will Samsung Finally Unlock the Smart Glasses Era After a Decade of Anticipation?

Kim Sungmoon Reporter / 2026.05.19
Samsung Electronics Q1 Salaries Hit Record High, Averaging $9,000 a Month

Desk / 2026.05.19
Mercedes-Benz Korea Opens Pre-Orders for Flagship Luxury: The New S-Class and Maybach S-Class Prepare for Domestic Takeover

Global Economic Times Reporter / 2026.05.18
Man vs. Machine: Human Worker Edges Out Figure 03 Humanoid in Grueling 10-Hour Warehouse Showdown

Global Economic Times Reporter / 2026.05.18
Targeting the $360 Billion Nuclear Decommissioning Market: South Korea Takes Lead in Establishing World-First International Standards

Global Economic Times Reporter / 2026.05.18
The Unstoppable Semiconductor Rally: Why This 'Crazy' Surge Might Last Longer Than Expected Despite Overheating Fears

Kim Sungmoon Reporter / 2026.05.11
Samsung Electronics Shifts Strategy in China: Moving from Hardware Sales to Platform-Based Business

Global Economic Times Reporter / 2026.05.08

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