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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Dacor, Samsung's Luxury Built-in Appliance Brand, Makes Its Debut in Incheon at Samsung Store Lotte Incheon: SEOUL, South Korea – Dacor, the esteemed luxury built-in home appliance brand under Samsung Electronics, has announced its i ...; Min Gyu Mi Reporter 2025.04.19

Incheon Businesses Showcase Products at the World Korean Business Convention in Atlanta: Incheon-based companies have actively participated in the prominent business exhibition, a key program of the World Korean Busines ...; Kim Sungmoon Reporter 2025.04.19

Hyundai Motor Launches Electric Vehicle Rental Promotion for Korean Tourists in Okinawa: Hyundai Motor Company announced today the launch of its "Hyundai Mobility Passport in Okinawa" program, an electric vehicle (EV) r ...; Desk 2025.04.19

Incheon Secures Hosting Rights for the 2026 World Korean Business Convention: In a significant win for the city, Incheon has successfully secured the rights to host the 24th edition of the World Korean Busine ...; Min Gyu Mi Reporter 2025.04.19

Alarming Projections Signal Critical Nursing Shortage Threatening Pennsylvania's Healthcare System: The stark reality of Pennsylvania's impending healthcare crisis is brought into sharp focus by projections indicating a shortfall ...; Desk 2025.04.19

Daktronics Finalizes Reincorporation to Delaware Amid Leadership Changes and Financial Headwinds: Daktronics Inc. (NASDAQ:DAKT), a prominent manufacturer of electronic scoreboards and digital display systems with a market capita ...; Eunsil Ju Reporter 2025.04.19

World Korean Association and Ewha Medical Center Sign MOU for Medical Support Cooperation for Overseas Koreans: Atlanta: The World Korean Association (Chairman Ko Sang-gu) and Ewha Medical Center (President Yoo Kyung-ha) announced that they h ...; Kim Sungmoon Reporter 2025.04.19

U.S. to End Duty-Free Tomato Imports from Mexico, Igniting Trade Concerns: WASHINGTON D.C. - The White House has officially declared its intention to withdraw from a long-standing duty-free import agreemen ...; Hannah Yeh Reporter 2025.04.18

Incheon Tourism Organization and Mexico's Renowned Taekwondo Academy 'Moo Duk Kwan' Join Forces to Attract Specialized Tourists: INCHEON, South Korea – The Incheon Tourism Organization (ITO) announced today the signing of a Memorandum of Understanding ( ...; KO YONG-CHUL Reporter 2025.04.18

Home & Shopping and Very Good Tour Launch Unprecedented 5-Country Central and South America Package with Direct Flights: Home & Shopping, a prominent South Korean home shopping network, is set to revolutionize South American travel for its custome ...; KO YONG-CHUL Reporter 2025.04.18

Bolivian Delegation Explores South Korean Agricultural Technology, Paving Way for Machinery Exports: A high-level delegation from Bolivia, including Windson July Martinez, Director General of the National Institute for Agricultural ...; KO YONG-CHUL Reporter 2025.04.18

Hana Technology Showcases AI-Powered Smart Solutions and Solid-State Battery Equipment at Atlanta Battery Show: Hana Technology (KOSDAQ: 299030), a leading South Korean manufacturer specializing in secondary battery equipment, announced its p ...; Kim Sungmoon Reporter 2025.04.18

Porsche Experience Center Atlanta Celebrates a Decade of Thrills and Automotive Passion: ATLANTA, GA – Ten years ago, the Porsche Experience Center (PEC) Atlanta opened its doors, igniting a decade of immersive au ...; Desk 2025.04.18

23rd World Korean Business Convention Opens in Atlanta, Declaring "Korean Business Community Era": ATLANTA, GEORGIA (April 17, 2025) – The 23rd World Korean Business Convention (WKBC) grandly opened its four-day run at the ...; Kim Sungmoon Reporter 2025.04.18

South Korea Forgoes Appeal in Mason ISDS Case, Opting to Pay $32 Million Award: The South Korean government has decided not to pursue an appeal against the March 20, 2025 ruling by the Singapore International C ...; KO YONG-CHUL Reporter 2025.04.18

South Korea Embraces Digitalization of APEC Business Travel Card for Enhanced Mobility: Bucheon, South Korea – In a move aimed at streamlining international travel for business professionals and fostering greater ...; KO YONG-CHUL Reporter 2025.04.18

Global "Buldak" Craze Sweeps the World; Samyang Foods' Market Cap Exceeds 7 Trillion Won for the First Time: The fierce "Buldak" (fire chicken) craze is sweeping the globe. As the Korean spicy flavor brand Buldak gains explosive popularity ...; Hwang Sujin Reporter 2025.04.17

US-Japan Talks Loom Large for South Korea Amid Trade and Security Intertwined: As South Korea prepares for a crucial visit to the United States next week by its Ministers of Economy and Finance, and Trade, Ind ...; Hwang Sujin Reporter 2025.04.17

Chinese E-commerce Giants Temu and Shein Hike US Prices, Slash Ad Spending Amid Tariff Hikes: Chinese e-commerce powerhouses Temu and Shein are set to increase prices for American consumers following the imposition of hefty ...; Ana Fernanda Reporter 2025.04.17

FedEx Launches First Direct Singapore-U.S. Cargo Route, Enhancing Southeast Asia-North America Trade Links: Global transportation and logistics giant FedEx has launched its first direct cargo flight route from Singapore to the United Stat ...; Ana Fernanda Reporter 2025.04.17