Global Economic Times

2025.10.25 (Sat)
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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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Nestlé to Invest 500 Million Reais in Brazilian Nescafé Business: Strengthening Global Coffee Market Strategy: SÃO PAULO, Brazil – Nestlé, the global food and beverage giant, announced on May 27, 2025, its plan to invest ...; Ana Fernanda Reporter 2025.05.28

Generational Divide: MZ Generation Divided on Retirement Age Extension – Conflict Intensifies Among Public, Private Sector, and Freelance Youth: SEOUL, South Korea – As the extension of the retirement age and the four-and-a-half-day workweek emerged as hot-button labor ...; Kim Sungmoon Reporter 2025.05.27

Celltrion's Overseas Business Reshuffle Spotted: Argentina Subsidiary Liquidated, Focus Shifting to Southeast Asia?: Argentina – South Korean bio-pharmaceutical company Celltrion's recent liquidation of its local subsidiary in Argentina has ...; KO YONG-CHUL Reporter 2025.05.27

Argentina Government to Issue Up to $1 Billion in Bonds on International Market: Buenos Aires, Argentina – The Argentine government plans to issue up to $1 billion (approximately 1.38 trillion KRW) in fixe ...; ONLINE TEAM 2025.05.27

Telecom Argentina Successfully Issues $800 Million Bond: Buenos Aires, Argentina – Telecom Argentina, a leading telecommunications operator in Argentina, has successfully completed ...; Pedro Espinola Special Correspondent 2025.05.27

Paraguay Seeks to Strengthen Strategic Partnership with UAE, Securing Foothold in Middle East Market: Asuncion, Paraguay – Paraguayan President Santiago Peña held meetings with high-ranking officials from the United Ara ...; Greace Nunez Correspondent 2025.05.27

Aero K Launches First Regular International Flight from Cheongju to Qingdao: CHEONGJU, South Korea – Aero K Airlines (CEO Kang Byung-ho) officially inaugurated its new regular flight route from Cheongj ...; HONG MOON HWA Senior Reporter 2025.05.26

Incheon Poised to Host 24th World Korean Business Convention in 2026, Anticipates Significant Global Impact: Incheon, South Korea – Incheon Metropolitan City has formally initiated preparations for the 24th World Korean Business Conv ...; KO YONG-CHUL Reporter 2025.05.25

6th Incheon International Ocean Forum: A Beacon for Maritime Industry Revival: INCHEON – The 6th Incheon International Ocean Forum (IIOF 2025), a pivotal event for the global maritime community, is set t ...; Hwang Sujin Reporter 2025.05.25

Incheon to Host Job Fair for People with Disabilities on May 27th: Incheon, South Korea – The city of Incheon announced today, May 25th, that it will host the 'Incheon Job Fair for People wit ...; KO YONG-CHUL Reporter 2025.05.25

Incheon Rises to Second Nationwide in Welfare Worker Compensation Adherence: Incheon, South Korea – In a significant stride towards enhancing the welfare and working conditions of its social welfare fa ...; KO YONG-CHUL Reporter 2025.05.25

Bucheon City Legalizes A-Frame Sign Installation with New Ordinance: BUCHEON CITY – Bucheon City announced on the 20th that it has established detailed installation guidelines for A-frame signs ...; Hwang Sujin Reporter 2025.05.25

Bucheon City Accelerates Youth Job Creation Through Collaborative Partnerships: BUCHEON, May 20 – The Bucheon Il Dream Center announced today that it signed a memorandum of understanding (MOU) on May 16 w ...; Hwang Sujin Reporter 2025.05.25

Buc-ee's Set to Open First North Carolina Location, Bringing Texas-Sized Travel Center Experience to Mebane: Mebane, North Carolina – Buc-ee's, the Texas-based travel center chain with a near-cult following, is making its highly anti ...; Ana Fernanda Reporter 2025.05.25

Trump Threatens Broad Tariffs on Foreign-Made Smartphones, Including Samsung: WASHINGTON D.C. - In a significant escalation of his "America First" trade agenda, U.S. President Donald Trump announced on Friday ...; Eunsil Ju Reporter 2025.05.24

Nissan Considers Selling Headquarters Amidst Deepening Financial Woes: YOKOHAMA, Japan – Nissan Motor Co. is reportedly weighing the sale of its global headquarters building in Yokohama, Kanagawa ...; Desk 2025.05.24

Paraguayan Medical Association Calls for Immediate Succession of Education Minister to CONES Leadership: ASUNCIÓN, Paraguay – The Paraguayan Medical Association (Círculo Paraguayo de Médicos) has formally req ...; Greace Nunez Correspondent 2025.05.24

A Feast of Flavors Lands in Connecticut: 9 New Restaurants Opening in June: A new wave of culinary excitement is sweeping through Connecticut. According to an article dated May 22, 2025, nine new restaurant ...; Sharon Yoon Correspondent 2025.05.23

Pennsylvania Introduces Music Therapist Licensure Bill; Economic and Therapeutic Benefits Expected: Harrisburg – A path is opening for music therapists in Pennsylvania to obtain professional licensure from the state governme ...; Eunsil Ju Reporter 2025.05.23

Daejeon Ushers in Era of Private-Sector-Led Spacecraft Development: DAEJEON, South Korea – Daejeon, the science capital and historical birthplace of Korea's space industry, from the launch of ...; HONG MOON HWA Senior Reporter 2025.05.22