Global Economic Times

2026.07.22 (Wed)
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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

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Toyota's Woven City: A Glimpse into the Future of Urban Living: Toyota Motor Corporation, a global automotive giant, has unveiled significant progress on its ambitious "Woven City" project, a fu ...; Desk 2025.01.07

Nvidia Unveils Cosmos: A New AI Platform for Robotics and Autonomous Vehicles: Las Vegas, NV – Nvidia CEO Jensen Huang announced a groundbreaking new AI platform, Cosmos, at CES 2025. This platform is de ...; Sharon Yoon Correspondent 2025.01.07

Incheon City Expands Permitted Uses in North Port Backland: In a move to stimulate economic growth and reduce regulatory burdens on businesses, the city of Incheon has announced the relaxati ...; KO YONG-CHUL Reporter 2025.01.06

Costa Serena Sets Sail from Incheon, Marking a Resurgence in Cruise Tourism: Incheon, South Korea – The Costa Serena, a 114,000-ton cruise ship operated by Italy's Costa Cruises, made a grand departure ...; KO YONG-CHUL Reporter 2025.01.06

Korean Healthcare Manufacturers Post Strong Q2 Results: Seoul, South Korea – The Korean healthcare manufacturing industry continued its upward trajectory in the second quarter of 2 ...; ONLINE TEAM 2025.01.06

FDA Modernizes Drug Approval and Management System: Seoul, South Korea – The Ministry of Food and Drug Safety (MFDS) announced on [date] a significant overhaul of its drug appr ...; Desk 2025.01.06

LG Electronics Leads in AI Robot Patent Race: Seoul, South Korea – LG Electronics is emerging as a frontrunner in the rapidly growing artificial intelligence (AI) robot m ...; KO YONG-CHUL Reporter 2025.01.05

Game Industry Workers in South Korea Face Overwhelming Workloads: Seoul, South Korea – South Korea's gaming industry, once a beacon of innovation, is facing a growing crisis as employees gra ...; Desk 2025.01.05

LG Unveils MX Platform at CES 2025, Transforming Cars into Personalized Living Spaces: Las Vegas, Nevada – LG Electronics has unveiled its groundbreaking "MX Platform" at the Consumer Electronics Show (CES) 2025 ...; Graciela Maria Reporter 2025.01.02

Incheon Launches Affordable Ferry Service for Residents: Incheon, South Korea – In a groundbreaking move to boost tourism and enhance accessibility, Incheon City has introduced the ...; KO YONG-CHUL Reporter 2025.01.02

Samsung Unveils Innovative Monitor Lineup at CES 2025: Las Vegas, Nevada – Samsung Electronics today announced its latest lineup of monitors, set to be showcased at the upcoming C ...; ONLINE TEAM 2025.01.02

Incheon Free Economic Zone Authority Approves Construction of Seoul Asan Cheongra Hospital: Incheon, South Korea – The Incheon Free Economic Zone Authority announced today that it has approved the construction of Seo ...; Global Economic Times Reporter 2025.01.02

Seoul's Apartment Prices Stall Amidst Regulatory Tightening and Political Uncertainty: Seoul, South Korea – Seoul's red-hot apartment market has finally cooled down after a 10-month surge that began in March of ...; Desk 2025.01.02

Iran Protests Afghanistan's Pashdan Dam Construction on Harirud River: Tehran, Iran – Iran has strongly objected to Afghanistan's construction of the Pashdan Dam on the Harirud River, citing conc ...; Graciela Maria Reporter 2025.01.01

Iran's Mining Sector Shows Resilience Amidst Economic Challenges: Tehran, Iran – Iran's mining sector continues to demonstrate resilience, with exports reaching $8.8 billion in the first eig ...; Global Economic Times Reporter 2025.01.01

Tanzania Triumphs: Standard Gauge Railway Transforms Nation: Dar es Salaam, December 31, 2024 - As 2024 draws to a close, Tanzania celebrates a momentous achievement: the completion and launc ...; Hee Chan Kim Reporter 2025.01.01

Portugal Tourist Overnight Stays Surge in November: Lisbon, December - Portugal's tourism sector continues to thrive, with overnight stays in tourist accommodation increasing by 4.1% ...; Ana Fernanda Reporter 2025.01.01

South Korea's Top Refineries Invest in Future Talent Amid Industry Transformation: SEOUL, South Korea – South Korea's four largest oil refineries are ramping up efforts to recruit and develop talent, signali ...; ONLINE TEAM 2025.01.01

LG Unveils AI-Powered Signature Appliances at CES 2025: Las Vegas, NV – LG Electronics showcased its latest lineup of premium Signature appliances at the Consumer Electronics Show ...; Global Economic Times Reporter 2025.01.01

Jeollabuk-do Apartment Prices Plunge Amidst Rising Interest Rates and Political Uncertainty: Jeonju, South Korea – Apartment prices in Jeollabuk-do province have been on a continuous decline for five consecutive weeks ...; Global Economic Times Reporter 2025.01.01