Global Economic Times

2025.10.21 (Tue)
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Hyundai Motor Rises to Global Top Tier, Ranks 33rd in TIME's 'World's Best Companies 2025'

Hyundai Motor Company has dramatically affirmed its heightened international competitiveness by securing the 33rd position in TIME magazine's recent "World's Best Companies 2025" e
57-Year Wait Ends: Jeju-Qingdao Sea Route Opens, Boosting Island's Global Trade

Jeju Port has welcomed its first international regular container ship in 57 years, marking a historic milestone since its designation as a trade port in 1968. The opening of the direct container route

Specialty Alloy Market Booms, Korean Giants SeAH and Poongsan Accelerate Investment

Driven by the growth in the defense and rocket markets, South Korean steel giants like SeAH and Poongsan, known as "strong players in specialty alloys," are actively expanding their invest

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A New Approach to Workplace Safety: Balancing Enforcement and Prevention: The South Korean government, under the strong leadership of President Lee Jae-myung, is considering new and stringent penalties fo ...; Hwang Sujin Reporter 2025.08.20

South Korean Industries Brace for Impact as US Expands Steel Tariffs: Washington, D.C. - The U.S. government has expanded its Section 232 tariffs on imported steel and aluminum products, a move that i ...; Sharon Yoon Correspondent 2025.08.18

"K-wave's Next Chapter: A Global Gold Rush Challenges South Korea's Creative Dominance": LOS ANGELES – The global fanfare for the Netflix film "K-pop Demon Hunters" (often stylized as "Kedeheon" in South Korea) ha ...; Hwang Sujin Reporter 2025.08.16

Gyeongnam Province Rolls Out 'Stay-and-Explore' Packages to Woo Chinese Tourists: CHANGWON, South Korea — Gyeongsangnam-do (Gyeongnam) Province has launched a series of new, immersive tour packages designed ...; Hee Chan Kim Reporter 2025.08.13

US Tariffs on 1kg Gold Bars Shake Global Market: NEW YORK – In a move that has surprised the global gold industry, the U.S. government has begun imposing tariffs on imported ...; Graciela Maria Reporter 2025.08.11

NVIDIA, AMD to Pay 15% of China Revenue for Export License, Report Says: WASHINGTON – In a move described as "unprecedented," tech giants Nvidia and AMD have reportedly struck a deal with the U.S. ...; Eugenio Rodolfo Sanabria Reporter 2025.08.11

Ilhwa Accelerates Southeast Asian Expansion with Vietnamese Market Entry: SEOUL – In a strategic move to solidify its presence in the burgeoning Southeast Asian market, Ilhwa, a prominent South Kore ...; Desk 2025.08.11

Record-Breaking Panama Geisha Coffee Sells for Over $30,000 Per Kilogram at Auction: BOQUETE, PANAMA – Panama's world-renowned Geisha coffee, often hailed as the "God of coffee," has once again captured global ...; Greace Nunez Correspondent 2025.08.11

South Korea's Job Market Hits 26-Year Low Amid Manufacturing Slump: SEJONG – South Korea's job market is experiencing its most significant downturn in a generation, with the number of job open ...; KO YONG-CHUL Reporter 2025.08.11

Apple Announces Additional $100 Billion U.S. Investment, Unveils New Partnership With Samsung: CUPERTINO, CA — In a significant expansion of its domestic manufacturing commitments, Apple announced on August 6 that it wi ...; Ana Fernanda Reporter 2025.08.07

President Trump Announces Sweeping 100% Tariff on Imported Semiconductors: WASHINGTON — In a dramatic move aimed at revitalizing domestic manufacturing, President Donald Trump announced on Wednesday ...; Eugenio Rodolfo Sanabria Reporter 2025.08.07

Paraguay's Development Finance Agency (AFD) Announces Focus on Green and Road Construction Projects: ASUNCIÓN – The Development Finance Agency (AFD) of Paraguay has announced its plan to concentrate investments on gree ...; Yim Kwangsoo Correspondent 2025.08.06

Samsung C&T Enters Buenos Aires Subway Construction Project: Following Saudi Arabia, Samsung C&T's Engineering & Construction Group is accelerating its global business expansion by bi ...; Ana Fernanda Reporter 2025.08.06

Brazil's Coffee Industry Accelerates 'De-Americanization' After US Slaps 50% Tariff Bomb; China Emerges as New 'Savior': Recently, the US imposed a high tariff of 50% on imported Brazilian goods, putting the export front of Brazil, the world's largest ...; Ana Fernanda Reporter 2025.08.06

Philippines-India Tourism Cooperation, Seeking New Opportunities: MANILA – Philippine Tourism Secretary Christina Garcia Frasco accompanied President Ferdinand R. Marcos Jr. on a state visit ...; KO YONG-CHUL Reporter 2025.08.05

Will the Luzon International Container Terminal in Batangas Become the New Heart of the CALABARZON Economy?: A major infrastructure project is underway in the CALABARZON region (Cavite, Laguna, Batangas, Rizal, Quezon), a key economic hub ...; Eugenio Rodolfo Sanabria Reporter 2025.08.05

South Korean Semiconductor and Pharmaceutical Industries Relieved by MFN Treatment in U.S. Tariff Negotiations: The Korean semiconductor and pharmaceutical industries are breathing a collective sigh of relief following an agreement with the U ...; Desk 2025.08.01

American Energy Drink 'Celsius' Products Accidentally Mixed with Vodka... FDA Issues Immediate Disposal Warning: A shocking incident has occurred where certain products of the popular American energy drink brand Celsius were mistakenly mixed w ...; Hwang Sujin Reporter 2025.08.01

South Koreans in Their 20s to 50s Average 2.3 OTT Subscriptions, Driven by Original Content: SEOUL – A recent survey reveals that South Koreans aged 20 to 50 who use Over-the-Top (OTT) streaming services subscribe to ...; Hwang Sujin Reporter 2025.07.30

US Decision to Allow NVIDIA H20 AI Chip Sales to China Ignites Fierce Debate: WASHINGTON D.C. — The Trump administration's decision to permit NVIDIA to resume sales of its H20 artificial intelligence (A ...; Pedro Espinola Special Correspondent 2025.07.30

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