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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Crisis in Hypermarkets: Structural Shifting and the Impact of Homeplus Closures: KO YONG-CHUL Reporter; 2026.01.05

Hanwha Ocean Aims for 100% Robotic Welding by 2030: Accelerating the AX Revolution in Shipbuilding: KO YONG-CHUL Reporter; 2026.01.05

Samsung and LG Go Head-to-Head in Robotics and Automotive Electronics at CES 2026: Global Economic Times Reporter; 2026.01.05

30% of Workers Dissatisfied with Job Conditions; Vulnerability Acute in Small Workplaces: Desk; 2026.01.04

HD Hyundai Launches Unified Construction Equipment Entity, Aiming for ₩15 Trillion Revenue by 2030: Hee Chan Kim Reporter; 2026.01.02

BYD Overtakes Tesla to Claim Top Spot in Global EV Market for 2025: Greace Nunez Correspondent; 2026.01.02

K-Defense Quartet Set for "Quantum Leap": Annual Sales to Hit 50 Trillion Won in 2026: KO YONG-CHUL Reporter; 2026.01.01

Coupang’s Dominance Drives Food Giants into a Corner: The High Price of "Rocket Delivery": Global Economic Times Reporter; 2026.01.01

Bando Construction Secures Gadeokdo New Airport Construction Authority for 'Ivy Planet' in Busan Eco Delta City: Hee Chan Kim Reporter; 2026.01.01

Toward the Era of $1 Trillion in Exports: South Korea Hits the $700 Billion Milestone: KO YONG-CHUL Reporter; 2026.01.01

SpaceX, Blue Origin, and Rocket Lab: 2026 to Mark a New Era for Global Space Launch Market: Eugenio Rodolfo Sanabria Reporter; 2026.01.01

Chronic Labor Shortage Hits Korea’s Tech Sector: "Hiring Newcomers is No Longer an Option, But a Necessity": KO YONG-CHUL Reporter; 2026.01.01

KT Announces Compensation Plan for Massive Cyber Breach: Termination Fee Waivers and 100GB Data Bonus: Global Economic Times Reporter; 2025.12.30

Hyundai Likely to Forfeit Buyback Option on Russian Plant Amid Geopolitical Stasis: Graciela Maria Reporter; 2025.12.30

From Symbol of Decline to Epicenter of Revival: Hanwha Philly Shipyard Emerges as the Cornerstone of Trump’s Naval Ambitions: KO YONG-CHUL Reporter; 2025.12.30

S. Korea to Revoke ‘ISMS-P’ Security Certifications for Breaches Affecting Over 10 Million Users: Hwang Sujin Reporter; 2025.12.29

Yongin Semiconductor Cluster Gains Momentum as Land Compensation Begins; Construction Slated for Late 2026: Min Gyu Mi Reporter; 2025.12.29

Homeplus Submits Rehabilitation Plan Featuring Split-Off Sales and Store Closures: Kim Sungmoon Reporter; 2025.12.29

Samsung Electronics Signals Comeback in Robot Vacuum Market, Overtaking Chinese Rival Roborock in Online Buzz: Hwang Sujin Reporter; 2025.12.29

The Era of Private Space Stations: Voyager, Airbus, and Mitsubishi Join Forces for 'Starlab': Ana Fernanda Reporter; 2025.12.29