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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Amazon Zoox Courts South Korean Tech for Robotaxi Supply Chain Expansion: (C) Post Register LAS VEGAS - Amazon’s autonomous driving subsidiary, Zoox, is actively seeking to integrate South Korean ...; Graciela Maria Reporter 2026.01.26

Rising Prices Drive Surge in Warehouse Clubs; Payments Double in 4 Years: SEOUL – Amid prolonged high inflation and a squeeze on consumer spending, South Korea’s retail landscape is undergoing ...; Desk 2026.01.26

Incheon International Airport Sets All-Time Record with 74 Million Passengers in 2025: (C) AviTrader SEOUL – Incheon International Airport, the primary gateway to South Korea, recorded its highest-ever annual ...; Yim Kwangsoo Correspondent 2026.01.25

Hyundai Motor Slashes EV Interest Rates, Offering Up to 6.5 Million Won in Incentives: (C) Asahi.com Hyundai Motor Company announced today a significant update to its "Hyundai EV Burden Down" promotion, aggressivel ...; Global Economic Times Reporter 2026.01.23

"A Race Car Unleashed on the Streets": Maserati Launches '400-Million-Won' Super Sports Car in Korea: (C) The Autopian [PANGYO, Gyeonggi Province] Maserati Korea has officially launched the 'GT2 Stradale' in the domestic market, ...; Desk 2026.01.23

Sony to Cede Control of TV Business to China’s TCL in Major Restructuring: (C) X.com TOKYO/SHENZHEN — Sony Group is spinning off its storied television business to form a joint venture with China& ...; Yim Kwangsoo Correspondent 2026.01.21

United Airlines Soars on Robust Demand; Forecasts Record-Breaking 2026: (C) Alnvest CHICAGO – United Airlines (UAL) shares surged nearly 5% in after-hours trading Tuesday after the carrier repo ...; Global Economic Times Reporter 2026.01.21

The Ultimate Family SUV: Hyundai Palisade Dominates "North American Car of the Year": (C) Namuwiki DETROIT — Hyundai Motor’s flagship SUV, the Palisade, has achieved a landslide victory at the prestigi ...; Pedro Espinola Special Correspondent 2026.01.21

Hyundai’s ‘Atlas’ Shakes Up CES 2026: A Formidable Rival to Tesla’s Optimus: (C) Electrek LAS VEGAS – Hyundai Motor Group’s robotics subsidiary, Boston Dynamics, has taken center stage at CES ...; Graciela Maria Reporter 2026.01.18

Rise of C-Beauty: Chinese Cosmetic Brands Challenge K-Beauty’s Dominance with ‘Doll-like’ Makeup Trends: (C) Campaign Asia SEOUL — Chinese domestic cosmetic brands, collectively known as "C-Beauty," are aggressively expanding ...; Desk 2026.01.18

China Achieves Record $1.2 Trillion Trade Surplus Amid Global Shift: HONG KONG — China’s trade surplus reached a historic milestone of nearly US$1.2 trillion last year, a 20 percent surge ...; Ana Fernanda Reporter 2026.01.15

EV Prices Hit All-Time Low: Massive Cash Discounts and Manufacturer Subsidies Transform Market: (C) InsideEVs SEOUL, South Korea – The South Korean electric vehicle (EV) market is entering an unprecedented era of price ...; Hee Chan Kim Reporter 2026.01.13

Kia Registers Trademarks in Russia, Valid Until 2034: A Step Toward Future Market Re-entry?: (C) X.com MOSCOW — Kia, the prominent South Korean automaker that withdrew from the Russian market following the geopolit ...; Global Economic Times Reporter 2026.01.13

Hanwha Pursues Additional U.S. Shipyard Acquisitions to Meet Surging Naval Demand and Nuclear Submarine Ambitions: (C) Nautical Voice NEW YORK – Hanwha Group, a key player in the Maritime Asset Security and Government Alliance (MASGA) s ...; Yim Kwangsoo Correspondent 2026.01.10

Cars Become 'Digital Wallets': In-Car Payments and Biometric Security Redefine Physical AI at CES 2026: (C) NCFA Canada LAS VEGAS – The act of pulling out a credit card at a gas station or a drive-thru is fast becoming a relic ...; Eunsil Ju Reporter 2026.01.10

Hyundai’s Atlas Named ‘Best Robot of CES 2026’ as it Prepares for Factory Deployment: (C) Youtube LAS VEGAS — Hyundai Motor Group announced on January 8th (local time) that "Atlas," the humanoid robot develope ...; Global Economic Times Reporter 2026.01.09

Samsung Electronics Rewrites History: Quarterly Operating Profit Hits 20 Trillion Won Amid "AI Super-Cycle": (C) Medium SEOUL – Samsung Electronics has once again asserted its dominance in the global technology landscape, reportin ...; Global Economic Times Reporter 2026.01.08

The Great Tech Shift: China’s Dominance at CES 2026 Leaves Global Rivals in the Dust: (C) Medium LAS VEGAS — For years, the Consumer Electronics Show (CES) was a stage where Chinese companies were often relega ...; Global Economic Times Reporter 2026.01.08

‘K-Used Car’ Export Momentum Stalls as Intermediaries Bear Brunt of Frozen Accounts: (C) ET Auto SUWON, South Korea – The rapid ascent of the South Korean used car export industry, often hailed as the "K-Used ...; KO YONG-CHUL Reporter 2026.01.06

Zero-Tariff Import Surge Threatens South Korea’s Struggling Dairy Industry: (C) ET Edge Insights SEOUL — South Korea’s dairy industry is bracing for a "perfect storm" as zero-tariff benefits fo ...; Hwang Sujin Reporter 2026.01.06

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