Global Economic Times

2026.06.05 (Fri)
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Zeekr Targets 2,000 Sales for '7X' EV in South Korea This Year

Hangzhou, China — Zeekr, the premium electric vehicle (EV) brand under China's Geely Auto Group, has officially established an ambitious sales target to sell 2,000 units of its electric SUV,
Murata Unveils Next-Gen Resin Electrode MLCC for Automotive Applications

TOKYO — In a major step toward supporting the rapid electrification of the automotive industry, Murata Manufacturing Co., Ltd. (Murata) has announced the mass production of its latest innovation

Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities

SEOUL — The Super-Enterprise Labor Union’s Samsung Electronics branch, previously the largest labor union at Samsung Electronics, has officially lost its majority status. This shift comes

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South Korean Public Finance Faces Crisis Over Investment in Mozambique Gas Field…Civil Society Files Injunction Application, Calling it "Ecological Genocide Promoting Climate Crisis": Plans for investment by the Export-Import Bank of Korea and the Korea Trade Insurance Corporation in an offshore gas field develop ...; Global Economic Times Reporter 2025.06.02

Japan's Leading Shipbuilder Tsuneishi Explores Re-entry into Paraguay: Paraguayan Government Delegation Meets Tsuneishi Executives During Asia Tour: A Paraguayan government delegation recently met with executives from Tsuneishi, a leading Japanese shipyard, as part of their Asia ...; Yim Kwangsoo Correspondent 2025.06.01

Paraguay Seeks New Horizon for Industrial Financing Through MIC-AFD-BID Collaboration: ASUNCIÓN – Paraguay's Ministry of Industry and Commerce (MIC), the Agence Française de Développement (A ...; Greace Nunez Correspondent 2025.06.01

2025 SMM South American Lithium Resource Field Trip - Fourth Stop: Tibet Summit Resources and Argentina Lithium & Potash: On May 31, 2025, the Shanghai Metals Market (SMM) visited Argentina Lithium & Potash Co., Ltd., effectively controlled by Tibe ...; Desk 2025.06.01

Vietnam Airlines Expands European Network with Direct Ho Chi Minh City-Copenhagen Route: Copenhagen, Denmark – Vietnam Airlines, the flag carrier of Vietnam, is set to significantly enhance its European footprint ...; Desk 2025.06.01

South Korea's Exports Decline Amidst US Tariff Shocks, Despite Semiconductor Boom: South Korea's exports experienced a downturn in May, registering a 1.3% year-on-year decrease to $57.27 billion, marking the first ...; KO YONG-CHUL Reporter 2025.06.01

Hanwha Defense Australia Appoints Ben Hudson as New Managing Director: Melbourne, Australia – Hanwha Defense Australia (HDA) has announced the official appointment of Ben Hudson as its new Managi ...; KO YONG-CHUL Reporter 2025.06.01

Australia Condemns Trump's Proposed 50% Steel Tariff, Calls It "Not the Act of a Friend": CANBERRA, Australia – Australia has strongly condemned President Donald Trump's recent announcement to potentially double ta ...; Ana Fernanda Reporter 2025.06.01

India's $10 Billion Shipbuilding Ambition Sparks Hope for South Korean Shipbuilders: SEOUL, South Korea – The South Korean shipbuilding industry is witnessing a surge of optimism as India unveils an ambitious ...; Ana Fernanda Reporter 2025.06.01

South Korea Surpasses Pre-Pandemic Tourist Levels in April, Driven by Diverse Inflows: Seoul, South Korea – South Korea's tourism sector is experiencing a robust recovery, with the number of foreign visitors in ...; Desk 2025.05.31

Hyundai E&C Withdraws from Gadeokdo New Airport Land Reclamation Project, Citing Unrealistic Deadline: SEOUL, South Korea – Hyundai Engineering & Construction (Hyundai E&C) announced on May 30 that it will not participa ...; Hwang Sujin Reporter 2025.05.31

Northern Gyeonggi's Gyooe Line Begins Facility Upgrade Design, Set for Completion by End of Next Year: SEOUL, South Korea – The National Rail Authority (Korea National Railway, KNR) Seoul Metropolitan Regional Headquarters anno ...; KO YONG-CHUL Reporter 2025.05.31

Volkswagen: From Automaker to Sausage King?: Wolfsburg, Germany – Volkswagen, the German automotive giant, is making headlines not just for its cars, but for its burgeon ...; Desk 2025.05.31

Argentina's Economic Outlook for 2025: Navigating Growth Amidst Challenges: As 2025 progresses, Argentina is poised for significant economic growth, with various international organizations and local analys ...; Greace Nunez Correspondent 2025.05.31

US GDP Shrinks in Q1 as Trump Tariffs Take Their Toll: The world's largest economy contracted at an annualized quarterly rate of 0.2% in the first quarter of 2025, a tenth of a percenta ...; Greace Nunez Correspondent 2025.05.31

Trump Doubles Down on Tariffs, Vows 50% Levy on Steel and Aluminum Imports: Pittsburgh, Pennsylvania – In a significant escalation of his protectionist trade agenda, President Donald Trump today annou ...; Global Economic Times Reporter 2025.05.31

Hyundai Delivers First IONIQ 9 to U.S. Customers, Kicking Off Marketing Push: FOUNTAIN VALLEY, CA – Hyundai Motor America today announced the momentous first delivery of its highly anticipated large ele ...; Eunsil Ju Reporter 2025.05.31

US Most Favored Nation Drug Pricing Policy Could Significantly Impact Korean Biopharmaceutical Companies: The U.S. government's push to implement a "Most Favored Nation (MFN)" policy for drug pricing is poised to have a substantial impa ...; Pedro Espinola Special Correspondent 2025.05.31

"Squid are Back"... East Coast of Korea Revitalized, Local Economy 'Bouncing': The return of squid to Korea's East Coast has brought much-needed vibrancy to local businesses. After a long fishing ban, abundant ...; Hwang Sujin Reporter 2025.05.31

Seoul's Housing Market Overheats: Average Sales Price Exceeds KRW 1 Billion, Gangnam-Gangbuk Gap Reaches "All-Time High": Seoul's average home sales price has surpassed KRW 1 billion for the first time, signaling a deepening overheating of the housing ...; Hwang Sujin Reporter 2025.05.31