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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