Global Economic Times

2025.10.23 (Thu)
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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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Elon Musk Tops Forbes' 2025 World's Richest List, Close Ties with Trump Administration Noted: WASHINGTON, USA – Innovative technology entrepreneur and a key ally of the Donald Trump administration, Elon Musk, has recla ...; Sharon Yoon Correspondent 2025.04.02

Cheonan City Fully Promotes Youth Internship Program… Supports Practical Experience in Excellent Companies: Cheonan City announced on the 1st that it will fully promote its ‘Youth Internship Program’ this year. The city conne ...; HONG MOON HWA Senior Reporter 2025.04.02

Recruiting Participants for the 2025 Daejeon Public Data Utilization Startup Competition: Daejeon Metropolitan City is hosting the ‘2025 Daejeon Public Data Utilization Startup Competition’ to discover creati ...; HONG MOON HWA Senior Reporter 2025.04.01

Chungcheongnam-do Province Rolls Up Sleeves to Secure Designation as a 'Bio-Specialized Complex': Chungcheongnam-do Province held a 'Industry-Government-Academia Forum for Additional Designation as a National Advanced Strategic ...; HONG MOON HWA Senior Reporter 2025.04.01

Chungnam Intercity Bus Promotes 'Visit Chungnam Year' Nationwide: Chungnam Province announced on the 31st that, in celebration of the '2025-2026 Visit Chungnam Year' and to revitalize tourism and ...; HONG MOON HWA Senior Reporter 2025.04.01

Daejeon Metropolitan City Launches "Successful Startup with Data" Full Operation of the "Small Business Commercial District Analysis Service": Daejeon Metropolitan City will officially launch the "Small Business Commercial District Analysis Service" (https://golmok.djbea.o ...; HONG MOON HWA Senior Reporter 2025.04.01

Paraguay's Electric Vehicle Market Records 2.4% Share in 2024, Showing Growth: Paraguay, often considered one of South America's most enigmatic countries, is drawing attention for its remarkable growth in the ...; Graciela Maria Reporter 2025.04.01

MEDIAPRO Argentina, Uruguay, Paraguay Appoints Santiago Vila as CEO: Paraguay - After more than 25 years as CEO of MEDIAPRO Argentina, Uruguay, and Paraguay, José D'Amato will step down on Jan ...; KO YONG-CHUL Reporter 2025.04.01

Singapore's Temasek Takes a Bite of Indian Snack Giant Haldiram's with $1 Billion Stake: Singapore - Singapore's state-owned investment firm, Temasek, has made a significant move into India's burgeoning consumer market ...; Desk 2025.04.01

Trump Administration's Venezuela Sanctions Entangle Repsol as Equity Risk Soars: WASHINGTON D.C. – Spanish energy giant Repsol finds itself increasingly exposed to the volatile political and economic lands ...; ONLINE TEAM 2025.03.31

South Korea and Chile Explore Enhanced Cooperation on Critical Minerals: Santiago, Chile – South Korea and Chile have engaged in discussions aimed at strengthening their bilateral cooperation, part ...; KO YONG-CHUL Reporter 2025.03.31

Singapore brand value hits US$78.4b as Grab tops growth list: Singapore - Grab stood out as the fastest-growing Singaporean brand this year, with its brand value surging 85% to US$1.1b. Singa ...; Yim Kwangsoo Correspondent 2025.03.31

Endangered Eels Found in Majority of Singapore's Unagi Products: Study: Singapore – Consuming unagi in Singapore often means unknowingly contributing to the decline of endangered eel species, a re ...; ONLINE TEAM 2025.03.31

Tesla's Singapore Sales Surge Amidst Global Political Backlash Against Musk: SINGAPORE - Despite the mounting political controversies surrounding Tesla CEO Elon Musk and their impact on the brand's global se ...; Graciela Maria Reporter 2025.03.31

LIA Singapore Unveils 2025 Priorities Amid Strong Sector Growth: Singapore - The Life Insurance Association of Singapore (LIA Singapore) has announced its strategic priorities for 2025, building ...; Eugenio Rodolfo Sanabria Reporter 2025.03.31

Incheon Port's Economic Impact: Generating 34% of City's GDP: INCHEON, SOUTH KOREA - A recent analysis has highlighted the significant contribution of Incheon Port to the local economy, reveal ...; Desk 2025.03.30

Daejeon Extends Application Period for Small Business Recovery Support Program: Daejeon Metropolitan City has announced an extension of the application period for its "Small Business Management Recovery Support ...; HONG MOON HWA Senior Reporter 2025.03.30

Mexico's 'Cool Head' Strategy in the Face of US Tariffs: A Gamble for Economic Stability: Mexico - In the face of escalating trade tensions and the recent announcement of significant US tariffs on automobile imports, Mex ...; KO YONG-CHUL Reporter 2025.03.30

Telecom Argentina (TEO) Stock Plummets in 2025 Amid Shifting Economic Landscape and Debt Concerns: Shares of Telecom Argentina SA (NYSE:TEO) have experienced a significant decline in 2025, reversing earlier optimism following the ...; Eugenio Rodolfo Sanabria Reporter 2025.03.30

Argentina and Uruguay Forge Collaborative Path on Green Hydrogen to Avert Conflict: Montevideo, Uruguay – In a proactive move to prevent potential cross-border tensions, the Governor of Argentina's Entre R&ia ...; Pedro Espinola Special Correspondent 2025.03.30