Global Economic Times

2026.07.21 (Tue)
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Zeekr Celebrates 5th Anniversary by Setting New Guinness World Record for Electric Vehicle Drifting

SEOUL — Zeekr, the premium electric vehicle (EV) brand under China's Geely Holding Group, has marked its fifth anniversary with a historic milestone. The company announced on July 17 that it
Robots Preserving the Taste of Kyochon’s ‘Honey Combo’: Automated Frying and Batter Dispensing Expand Nationwide

SEOUL — Kyochon F&B, the operator of South Korea's pioneer fried chicken franchise Kyochon Chicken, is rapidly expanding the integration of collaborative cooking robots and automated bat

South Korea Sets 2027 Minimum Wage at 10,700 KRW per Hour, Rebounding to 3.7% Increase After Intense Negotiations

SEJONG — South Korea’s minimum wage for 2027 has been officially finalized at 10,700 KRW (approximately $7.80 USD) per hour, marking a 3.7% increase (380 KRW) from the 2026 rate of 10,320

Industry

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K-Beauty Sets Its Sights on Southeast Asia: A $11.1 Billion Market Opportunity by 2035: Hwang Sujin Reporter; 2026.06.22

S. Korean Auto Industry Faces 'Triple Decline' in May, Despite Robust Growth in Eco-friendly Vehicles: Desk; 2026.06.18

The Changing Landscape of K-Beauty Jobs: Big Names Shrink as ODM and Beauty-Tech Firms Lead Growth: KO YONG-CHUL Reporter; 2026.06.18

Home Appliance Giants Pivot Toward Niche Markets to Drive Growth: Yim Kwangsoo Correspondent; 2026.06.16

South Korea’s Permanent Jobs Shrink for First Time in 26 Years: A Severe Blow to the 2030 Generation: Hwang Sujin Reporter; 2026.06.15

LX Pantos Steps Up Safety for Partners, Supplying New Functional Workwear to 100 Cooperating Companies: Yim Kwangsoo Correspondent; 2026.06.09

SK Chairman Chey Tae-won Proposes $7 Trillion Economic Integration Through Korea-Japan Alliance to Shift Toward a Low-Cost Structure: Global Economic Times Reporter; 2026.06.09

Semis Move South: Samsung and SK hynix Poised to Announce Multi-Trillion Won Plants in Honam and Chungcheong: Global Economic Times Reporter; 2026.06.09

Samsung Launches Massive 'AX Revolution' Under Chairman Lee Jae-yong, Overhauling Corporate DNA with AI: Global Economic Times Reporter; 2026.06.09

From Streaming to Playing: Nexon and Naver Unveil Revolutionary Cross-Platform Integration for 'FC Online' on Chzzk: Eugenio Rodolfo Sanabria Reporter; 2026.06.08

LG CNS Launches 'DevOn Agentic AIND': An Agentic AI-Driven IT System Development Platform: Global Economic Times Reporter; 2026.06.08

Middle East War Fallout Hits South Korean Economy: KDI Warns of Stagflationary Pressures as Oil Refining Plummets 20.5%: Global Economic Times Reporter; 2026.06.08

Zeekr Targets 2,000 Sales for '7X' EV in South Korea This Year: Yim Kwangsoo Correspondent; 2026.06.05

Murata Unveils Next-Gen Resin Electrode MLCC for Automotive Applications: Graciela Maria Reporter; 2026.06.05

Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities: KO YONG-CHUL Reporter; 2026.06.05

South Korea’s Top Five Automakers Suffer Broad May Sales Decline Amid Weakening Domestic Demand and Global Headwinds: Hwang Sujin Reporter; 2026.06.03

Chinese Humanoid Robotics Pioneer Unitree Clears Shanghai IPO Hurdle to Raise $580 Million: Global Economic Times Reporter; 2026.06.03

Hyundai Motor Bets on ‘The New Grandeur’ to Jumpstart Sluggish Domestic Sales: Yim Kwangsoo Correspondent; 2026.06.03

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

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