Global Economic Times

2025.10.26 (Sun)
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Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification

Kostanay, Kazakhstan — Kia Corporation officially opened its second Complete Knock-Down (CKD) joint assembly plant in Kostanay, Kazakhstan, on October 21, 2025, marking a significant step in div
Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy

Gmarket, now a subsidiary of the joint venture (JV) between Shinsegae Group and Alibaba Group, has unveiled an ambitious plan to inject 700 billion won (approximately $492 million) into its operations

Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump

Paris – French luxury conglomerate Kering, owner of major brands including Gucci, Bottega Veneta, and Balenciaga, has announced the sale of its beauty business to French cosmetics giant L'Or

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Sancheong County Offers Month-Long Retreat in Pristine Jirisan Mountains: SANCHEONG, South Korea – Nestled in the embrace of the majestic Jirisan National Park, Sancheong County in Gyeongsangnam Pro ...; Hwang Sujin Reporter 2025.05.10

Rare Family of 70-Year-Old Wild Ginseng Worth $130,000 Discovered in Jirisan National Park: A stunning discovery in the rugged terrain of Jirisan National Park has captivated the attention of herbal medicine enthusiasts an ...; KO YONG-CHUL Reporter 2025.05.10

South Korea and Saudi Arabia Leap Beyond Energy into Digital and Future Industries: Seoul, South Korea - South Korea and Saudi Arabia, a Middle Eastern economic powerhouse and a key source of energy for the former, ...; Hwang Sujin Reporter 2025.05.10

Korean Consulate General in Sydney Hosts Successful Job and Safety Fair for 2025 Working Holiday Participants: Sydney, Australia - The Korean Consulate General in Sydney announced the successful hosting of its "2025 Australia Working Holiday ...; Hwang Sujin Reporter 2025.05.10

Samsung Bespoke AI Combo Washer/Dryer and OLED TV Sweep Australia's Top Innovation Awards, Proving Global Tech Prowess: SEOUL, South Korea – Samsung Electronics' groundbreaking home appliances, the Bespoke AI Combo all-in-one washer and dryer a ...; Desk 2025.05.10

Korea Forest Service Showcases Eco-Friendly Wood and Technology at Australian Expo, Securing Potential $21.2 Million in Exports: SYDNEY, AUSTRALIA – The Korea Forest Service (KFS), in collaboration with the Korea Forestry Promotion Institute, successful ...; KO YONG-CHUL Reporter 2025.05.10

South Chungcheong Governor Kim Tae-heum Actively Promotes Carbon Neutrality: Singapore – Governor Kim Tae-heum of South Chungcheong Province, currently in Singapore to attend the Asia Climate Action Su ...; KO YONG-CHUL Reporter 2025.05.09

Chungcheongnam-do Province Recognized for Innovative Marine Leisure Tourism Strategy, Pioneering Sustainable Coastal Development: Seoul, South Korea – Chungcheongnam-do Province has been lauded for its forward-thinking approach to marine leisure tourism, ...; KO YONG-CHUL Reporter 2025.05.09

China Flexes Rare Earth Muscle Ahead of Key US Talks, Prices Skyrocket Amid Export Curbs: Beijing – As high-stakes diplomatic engagements loom, China appears to be leveraging its dominance in the critical rare eart ...; Eugenio Rodolfo Sanabria Reporter 2025.05.09

Kolon Mobility Group Rides Premium Demand to Soar in Q1 Profits Amidst Economic Headwinds: Seoul, South Korea – Kolon Mobility Group, a prominent South Korean automotive conglomerate specializing in the distribution ...; Desk 2025.05.09

Ford Increases Prices of Mexico-Made Vehicles, Amplifying Concerns of Ripple Effects in the Auto Market Due to Trump Tariffs: U.S. automaker Ford has increased prices on key models produced in Mexico due to the impact of the import tariff policy imposed by ...; Eunsil Ju Reporter 2025.05.09

Lotte to Host ‘Korea Brand Expo’ in Paris… Laying a Bridgehead for Entry into the European Market: Lotte Group, in collaboration with the Korea Trade-Investment Promotion Agency (KOTRA) and the Korea Foundation for Cooperation of ...; Greace Nunez Correspondent 2025.05.09

BBH Singapore Unveils Global Campaign Highlighting Samsung Galaxy S25 Ultra + Google Gemini's Everyday Problem-Solving Capabilities: Global advertising agency BBH Singapore, in collaboration with Samsung Electronics, has launched a new global campaign showcasing ...; Hwang Sujin Reporter 2025.05.09

Singapore-Based Impact Investment Platform Co-Axis Secures KRW 1 Billion Investment to Support Climate and Health Solutions in Asia: Singapore-based impact investment marketplace Co-Axis recently announced that it has attracted approximately SGD 1.25 million (USD ...; Yim Kwangsoo Correspondent 2025.05.09

Taiwanese Small and Medium-Sized Auto Parts Suppliers Shaken by Exchange Rate Volatility: Amidst the recent sharp volatility of the New Taiwan Dollar exchange rate, which is amplifying uncertainty across financial market ...; Eugenio Rodolfo Sanabria Reporter 2025.05.09

Paraguay to Grandly Celebrate 'Paraguay Day' at the 2025 Osaka Expo, Highlighting Culture and Economic Potential: ASUNCIÓN – Paraguay is set to showcase its rich culture and boundless potential to the world by celebrating a special ...; Greace Nunez Correspondent 2025.05.09

Hyatt Announces Luxury Hotel ‘Casa Duhau’ in Mendoza, Argentina, a Mixed-Use Development with Winery and Residences: Hyatt Hotels Corporation (NYSE: H), a leading global hotel chain, has announced its collaboration with the Scalesciani family, own ...; Eugenio Rodolfo Sanabria Reporter 2025.05.09

Brazilian Tradener Begins Importing Argentine Gas... Accelerating South American Energy Market Integration: Brazilian energy trading company Tradener has begun importing natural gas from Argentina, adding new momentum to the integration o ...; Ana Fernanda Reporter 2025.05.09

New York Stock Market Rises on AI Chip Regulation Reversal After FOMC Volatility; Nasdaq Up 0.3%: The three major New York stock market indexes closed higher after experiencing extreme volatility. Investor sentiment had initial ...; Hannah Yeh Reporter 2025.05.08

Wall Street Navigates Fed Uncertainty and Tariff Jitters, Late Surge Fueled by AI Chip Regulation Relief: New York – The U.S. stock market experienced a day of seesaw trading on Wednesday, ultimately closing in positive territory ...; Greace Nunez Correspondent 2025.05.08