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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Korean Air Wins Multiple Awards at 2024 Global Traveler Tested Reader Survey Awards: Seoul, South Korea – Korean Air has been recognized for its exceptional service and amenities in the 2024 Global Traveler Te ...; Hwang Sujin Reporter 2024.12.11

Kumho Construction Rides High on Successful New Residential Brand and Plant Projects: Seoul, South Korea – Kumho Construction is experiencing a significant upswing, driven by the consecutive sellouts of its new ...; Desk 2024.12.09

Saudi Aramco Boosts Power Efficiency with COPA-DATA's zenon at Shaybah Field: Riyadh, Saudi Arabia – Saudi Aramco, a global leader in the energy industry, has significantly enhanced the efficiency of it ...; Desk 2024.12.09

WasteEnergySolution Showcases Innovative Plastic Recycling at the 2024 Circular Economy Festival: Seoul, South Korea – WasteEnergySolution, a leading South Korean company specializing in plastic recycling technology, has h ...; Global Economic Times Reporter 2024.12.09

Reclaimed Wheels: A New Spin on Sustainability: Seoul, South Korea – A South Korean company, APM, has unveiled a groundbreaking solution for sustainable automotive manufact ...; Desk 2024.12.09

Boeing Machinists Return to Work, Boosting Local Economies: Renton, WA – After a seven-week strike, Boeing machinists have returned to work, bringing relief to both workers and local b ...; Hannah Yeh Reporter 2024.12.07

Eni to Resume Drilling in Egypt's Zohr Gas Field: Cairo, Egypt – Italian energy giant Eni plans to restart drilling operations in Egypt's Zohr gas field by the end of 2024. T ...; Pedro Espinola Special Correspondent 2024.12.06

BP Accelerates Oil and Gas Production in Egypt: Cairo, Egypt – BP, a global energy giant, is ramping up its operations in Egypt as the country seeks to bolster its energy s ...; Eugenio Rodolfo Sanabria Reporter 2024.12.06

LS Electric Completes Korea's First HVDC Subsea Cable Project: Jeju, South Korea – LS Electric, a leading global power equipment manufacturer, has successfully completed Korea's first hig ...; KO YONG-CHUL Reporter 2024.12.06

Ad Agencies Shift Focus to Experiential Marketing Amidst Traditional Media Slowdown: Seoul, South Korea – As the traditional advertising market, including TV, newspapers, radio, and magazines, continues to slo ...; Desk 2024.12.06

South Korea Tightens Export Controls on Advanced Technologies: Seoul, South Korea – South Korea’s Ministry of Trade, Industry, and Energy announced on Tuesday that it will be expand ...; Hwang Sujin Reporter 2024.12.06

South Korea's Current Account Surplus Continues Amidst Moderating Export Growth: Seoul, South Korea – South Korea's current account posted a surplus for the sixth consecutive month in October, driven by st ...; Hwang Sujin Reporter 2024.12.06

Citrus Prices Soar Amidst Climate Change and Supply Shortages: Seoul, South Korea – The cost of citrus fruits, a staple of Korean winters, has skyrocketed due to a combination of adverse ...; Desk 2024.12.06

Saudi Arabia's NSG Acquires Airbus' UP42 to Boost Geospatial Capabilities: JEDDAH: Saudi Arabia's Neo Space Group (NSG) has made a significant stride towards its Vision 2030 goals by finalizing an agreemen ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Pahang's Golden Promise: State Records Significant Gold Production: Kuantan, Pahang: Pahang state, located in Malaysia, has emerged as a significant gold-producing region, with seven active operatio ...; Ana Fernanda Reporter 2024.12.05

China Sets New Solar Power Record Despite Industry Struggles: Yibin, China – China is poised to shatter its annual solar power installation record once again, despite the industry grappl ...; Ana Fernanda Reporter 2024.12.05

Sugarcane Farmers in Nepal Face Unpaid Dues, Low Support Prices: Kathmandu, Nepal – Sugarcane farmers in Nepal are facing a persistent issue of unpaid dues and low support prices, despite g ...; Graciela Maria Reporter 2024.12.05

MG Unveils S5 Electric SUV, Boasting Ultra-Thin Battery and Competitive Range: SHANGHAI – MG Motor has officially launched its newest electric SUV, the MG S5, marking a significant step forward in its el ...; Ana Fernanda Reporter 2024.12.05

OpenAI Teams Up with Anduril to Bolster Drone Defense: San Francisco, CA – OpenAI, a leading artificial intelligence research laboratory, has announced a new partnership with defe ...; KO YONG-CHUL Reporter 2024.12.05

South Korea Unveils Comprehensive Plan to Combat Climate Change Impact on Fisheries: Seoul, South Korea – The South Korean Ministry of Oceans and Fisheries has unveiled a comprehensive plan aimed at mitigating ...; ONLINE TEAM 2024.12.05