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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Franklin Templeton Launches Tokenized Money Market Fund in Singapore, Expanding Access for Individual Investors: Global asset manager Franklin Templeton is accelerating innovation in the digital asset market by launching a tokenized money mark ...; Hwang Sujin Reporter 2025.05.17

Paraguayan National Council of Science and Technology (Conacyt) Opens Call for Researchers to Participate in Overseas Advanced Research Institution Training Program: The Paraguayan National Council of Science and Technology (Conacyt) has announced a call for applications from researchers being s ...; Desk 2025.05.17

Paraguay Emerges as a New Meat Supplier for the European Market… Efforts to Attract Investment Gain Momentum: Paraguay is actively pursuing entry into the European market and attracting investment, highlighting its potential to meet the dem ...; Ana Fernanda Reporter 2025.05.17

Japanese Maquiladora Sees Opportunity in US-China Trade Tensions, Eyes Paraguay's Auto Parts Growth Potential: ASUNCIÓN, Paraguay - Top executives at Japanese automotive parts manufacturer Yazaki recently stated their belief that maqu ...; Desk 2025.05.13

Bank of Singapore Appoints Emmanuel Bucaille as Head of New Product Development, Strengthening Asia Wealth Management Market: Bank of Singapore, the wealth management arm of Singapore-based OCBC Bank, has announced the appointment of Emmanuel Bucaille as i ...; Hwang Sujin Reporter 2025.05.13

Taiwan Bids Farewell to Foreign Scholarship Recipients, Strengthening Global Talent Network: Taipei, Taiwan – The Ministry of Foreign Affairs (MOFA) and the Ministry of Education (MOE) jointly hosted a farewell recept ...; Ana Fernanda Reporter 2025.05.13

Coupang Play Disrupts South Korean OTT Market with Bold 'Free Streaming' Initiative as Netflix Raises Prices: Seoul, South Korea – In a groundbreaking move that is poised to reshape the competitive landscape of the South Korean over-t ...; Eugenio Rodolfo Sanabria Reporter 2025.05.12

K-Bank Sets New Standard in Banking Security with Pioneering Full Identity Theft Compensation: Seoul, South Korea – In a bold move to bolster consumer trust and security in the digital age, K-Bank, a prominent South Kor ...; Desk 2025.05.12

Tariff Uncertainty and Soaring Bonded Warehouse Costs Squeeze Korean SMEs in US Exports: SEOUL, South Korea – A confluence of trade uncertainties and a dramatic surge in the cost of US bonded warehouse storage are ...; Ana Fernanda Reporter 2025.05.12

Hard Seltzer Craze Crosses the Pacific: SWAY Launches in South Korea, Betting on Health-Conscious Drinkers: Bucheon, South Korea – The burgeoning global trend of hard seltzers has officially landed on South Korean shores with the ex ...; Eugenio Rodolfo Sanabria Reporter 2025.05.12

South Korean Tech Firms Stand Firm Against Google's Renewed High-Precision Map Data Export Bid Amidst National Security and Economic Concerns: Seoul, South Korea – A coalition of South Korean technology companies, ranging from burgeoning startups to established giant ...; Ana Fernanda Reporter 2025.05.12

Navigating Volatility: ETF Flows Reveal Shifting Investor Focus from Broader Tech to Semiconductor Sector Amidst Uncertainties: Seoul, South Korea – An intriguing shift in investment trends has emerged within the Exchange Traded Fund (ETF) landscape, a ...; Graciela Maria Reporter 2025.05.12

Baek Jong-won's Theborn Korea Unveils Massive Discount Campaign Amidst Mounting Scandals: Seoul, South Korea – In a bold maneuver to navigate a turbulent period marked by a series of damaging controversies, promine ...; Global Economic Times Reporter 2025.05.12

Woori Bank Unveils Open BaaS Platform, Empowering Startups with Seamless Financial Integration: Seoul, South Korea – Woori Bank, a prominent South Korean financial institution, is making a strategic move to democratize a ...; Desk 2025.05.12

South Korea's Fiscal Trajectory: Rising Debt and Economic Headwinds Raise Concerns: Seoul, South Korea – A confluence of factors, including robust fiscal spending in response to the COVID-19 pandemic, efforts ...; Desk 2025.05.12

South Korea's Ministry of Trade, Industry and Energy Hosts APEC Sustainable Supply Chain Forum, Seeking Supply Chain Stability and Resilience: In a parallel effort, the Ministry of Trade, Industry and Energy (MOTIE) of South Korea convened a significant forum in Jeju, brin ...; Hwang Sujin Reporter 2025.05.11

CONMEBOL Opens New Hotel Tower in Luque Ahead of FIFA Congress in Paraguay: Luque, Paraguay – The South American Football Confederation (CONMEBOL) has inaugurated a brand-new hotel tower as part of th ...; Yim Kwangsoo Correspondent 2025.05.11

China and Switzerland Pledge Closer Ties, Push for FTA Upgrade: Geneva - Top leaders from China and Switzerland convened on Friday, agreeing to enhance communication, uphold free trade, and acce ...; Global Economic Times Reporter 2025.05.11

Paju's Heyri Art Village Blossoms with Local Food Market 'Sunshine Market': PAJU, GYEONGGI PROVINCE – Paju City is fostering vibrant connections between local farmers and residents while promoting the ...; Hwang Sujin Reporter 2025.05.10

Paju City Recognized as 'Top Excellent Municipality' in Food Culture Improvement, Awarded Prime Minister's Commendation: Gyeonggi Province's Paju City was honored with the Prime Minister's Commendation, the highest award in the food culture improvemen ...; Hwang Sujin Reporter 2025.05.10