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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Ethereum Emerges as Prime Beneficiary of Stablecoin Surge with Record $180B Supply: Ethereum is solidifying its position as the critical infrastructure for the stablecoin market. The supply of Ethereum-based stable ...; Desk 2026.04.13

K-Platform Power: Olive Young and Musinsa to Spearhead Global Expansion for SMEs: SEOUL — South Korea is accelerating its "K-Export" momentum by leveraging the global reach of its dominant retail platforms. ...; Desk 2026.04.13

The Great Incursion: Chinese EV Titans Set to Flood South Korean Market: SEOUL – The South Korean automotive landscape is bracing for a seismic shift as China’s leading electric vehicle (EV) ...; Global Economic Times Reporter 2026.04.13

Anthropic Explores In-House AI Chip Development to Break Hardware Bottlenecks: SAN FRANCISCO — Anthropic, the high-profile artificial intelligence startup backed by industry titans such as Amazon and Goo ...; Global Economic Times Reporter 2026.04.10

Sustainable Home Appliances Take Center Stage as LG Best Shop Sees Surge in Spring Shoppers: As the spring wedding and moving season reaches its peak, LG Electronics Best Shops across South Korea are bustling with activity. ...; KO YONG-CHUL Reporter 2026.04.10

Daedong Ushers in the Era of 'Agricultural Field Robots' with Korea’s First AI Tractor: SEOUL — Daedong (Co-CEOs Kim Joon-shik and Won Yu-hyun) announced on April 9th the official launch of South Korea’s fi ...; KIM YOUNG MIN 2026.04.09

Middle East Risks Expose Logistics Vulnerabilities: The Rising Imperative for South Korea’s Participation in IMEC: SEOUL — The recent blockade of the Strait of Hormuz, triggered by escalating Middle East conflicts, has sent shockwaves thro ...; Kim Sungmoon Reporter 2026.04.09

Beyond Instant Noodles: South Korea Launches ‘Global NEXT K-Food Project’ to Cultivate the Next Export Giant: SEOUL – Following the unprecedented global success of "Ramyeon" (instant noodles), the South Korean government is setting it ...; Global Economic Times Reporter 2026.04.09

BYD Hits 10,000-Unit Milestone in South Korea Within One Year, Eyes Exclusive "10,000 Club" Entry: (C) BYD USA SEOUL — BYD Korea has achieved a historic milestone in the South Korean automotive landscape, surpassing 10,000 ...; Hwang Sujin Reporter 2026.04.08

Celltrion Targets $100 Billion Metabolic Disease Market with "Two-Track" Strategy for Diabetes and Obesity: (C) Pharmaceutical Executive INCHEON, South Korea — Celltrion is aggressively pivoting toward the global metabolic diseas ...; Desk 2026.04.08

From PC Communication to Global Phenomenon: Nexon’s ‘Kingdom of the Winds’ Celebrates 30 Years of Online Gaming History: SEOUL — Nexon’s flagship title, The Kingdom of the Winds (Baram-ui Nara), has officially marked its 30th anniversary, ...; Global Economic Times Reporter 2026.04.06

K-Pharma "Big 4" Challenge Novartis' Dominance: Battle for the $60M Heart Failure Market Begins: SEOUL — A fierce competition is igniting in the domestic pharmaceutical industry as South Korea’s leading drugmakers&m ...; KO YONG-CHUL Reporter 2026.04.06

"Galaxy Able" Instead of Buds? Samsung Rumored to Be Developing a Brand-New Type of Earbuds: Recent sightings of a mysterious new product in Samsung Electronics’ wireless audio lineup have sparked significant industry ...; Global Economic Times Reporter 2026.04.04

Tesla Dominates March Import Car Market; BMW Targets Rebound with "The New iX3": Tesla Smashes Records, Surpassing 10,000 Units in a Single MonthThe battle for the top spot in the Korean imported car market is i ...; Global Economic Times Reporter 2026.04.04

Kakao Mobility Goes All-In on Autonomous Driving with Record-High R&D Investment: SEOUL – Kakao Mobility is aggressively pivoting toward the "in-house" development of autonomous driving technology. By rampi ...; KO YONG-CHUL Reporter 2026.04.04

K-Shipbuilding Surges in Q1, Surpassing 20% of Annual Targets Amid Geopolitical Tensions: SEOUL — South Korea’s shipbuilding industry is off to a strong start in 2026, surpassing 20% of its annual order targe ...; Global Economic Times Reporter 2026.04.04

Samsung’s Taylor Fab Enters "Setup Mode": 3,000 Global Engineers Converge on Texas: (C) WCCFTech Samsung Electronics has officially transitioned from the construction phase to the critical "setup" phase—th ...; Graciela Maria Reporter 2026.04.02

Kia Motors Sweeps "Manufacturer of the Year" at 2026 TopGear EV Awards: In a definitive moment for the global automotive industry, Kia has been crowned "Manufacturer of the Year" at the prestigious 2026 ...; Eugenio Rodolfo Sanabria Reporter 2026.04.02

The Great Bio-Divide: China Dominates Global Tech Exports as Korea Struggles to Keep Pace: (C) News Eastern Outlook SEOUL — The global pharmaceutical landscape is undergoing a tectonic shift, and the first quarte ...; KO YONG-CHUL Reporter 2026.04.02

Search Solution Industry: Overcoming Growing Pains to Leap Forward via AX: (C) Property Access Domestic software companies that have long dominated the enterprise and institutional search solution marke ...; Desk 2026.04.02

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