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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LG Electronics Reports Q1 Operating Profit Decline Amidst Rising Costs and Competition: Seoul, South Korea – LG Electronics Inc. announced on Friday that its first-quarter operating profit for 2025 has experience ...; Hwang Sujin Reporter 2025.03.20

LG Electronics Named "Most Innovative Company in 2025" in Automotive Sector by Fast Company: Seoul, South Korea – LG Electronics has been honored as the "Most Innovative Company in 2025" within the automotive category ...; KO YONG-CHUL Reporter 2025.03.20

LG Electronics Unveils AI WashTower with Enhanced Performance and Smart Features: Seoul, South Korea – LG Electronics Inc. has introduced its latest innovation in home appliances, the AI WashTower, a sophis ...; KO YONG-CHUL Reporter 2025.03.20

LG Unveils South Korea's First Reasoning AI Model, Competing with Global Tech Giants: Seoul, South Korea – LG has marked a significant milestone in South Korea's AI landscape by unveiling Exaone Deep, the natio ...; KO YONG-CHUL Reporter 2025.03.20

Korean Airlines Engage in Fierce Price Competition on US Routes During Off-Peak Season: Seoul, South Korea – Korean national airlines are engaging in aggressive price competition on their US routes as they enter ...; KO YONG-CHUL Reporter 2025.03.20

Argentina's CNV Approves Resolution 1058: Regulating Cryptocurrency Asset Service Providers: The Argentine Securities Commission (CNV) has recently approved General Resolution 1058, establishing regulations for Cryptocurren ...; Desk 2025.03.19

Argentina Eyes $30 Billion in Fuel Exports by 2031, YPF President Unveils Ambitious Plans: Buenos Aires, Argentina – Argentina has set its sights on becoming a major fuel exporter, with YPF President Lacio Mar&iacut ...; Graciela Maria Reporter 2025.03.19

UAE Announces €16 Billion Investment in Brazil, Focusing on Infrastructure and Social Development: Brazil is set to receive a substantial economic boost as the United Arab Emirates (UAE) has announced plans to invest €16 bil ...; Hwang Sujin Reporter 2025.03.19

Brazil Strengthens Carbon Credit Market Regulation with New Measures: Brazil is taking significant steps to solidify its position in the global carbon market by implementing stronger regulatory framew ...; ONLINE TEAM 2025.03.19

Bayer and Mega Labs Forge New Partnership to Boost Pharmaceutical Presence in Brazil: São Paulo, Brazil – In a move set to significantly impact the Brazilian pharmaceutical landscape, Bayer and Mega Labs ...; Yim Kwangsoo Correspondent 2025.03.19

Uruguay Set to Shine as Tech and Innovation Hub at Media Innovation 2025: Event: Uruguay Media Innovation 2025Dates: March 19-20, 2025Location: UruguayPart of: Punta Show (21-year tradition)Focus: Audiovi ...; Ana Fernanda Reporter 2025.03.19

Global Entrepreneurial Landscape Shifts: Opportunities Rise Amidst Lingering Fears: A recent Global Entrepreneurship Monitor (GEM) 2024/2025 report reveals a dynamic shift in the global entrepreneurial landscape, m ...; Eugenio Rodolfo Sanabria Reporter 2025.03.19

itti Wins Gold at Fintech Americas Awards, Leading Latin American Financial Innovation: Asunción, Paraguay – Paraguayan fintech innovator itti has been awarded the prestigious Gold Award in the Digital Ban ...; Graciela Maria Reporter 2025.03.19

Air New Zealand and Singapore Airlines Celebrate a Decade of Partnership, Enhancing Global Connectivity: Air New Zealand and Singapore Airlines have announced the celebration of their 10-year successful partnership, which has significa ...; Eugenio Rodolfo Sanabria Reporter 2025.03.19

Singapore and CMA CGM Forge Ahead with Enhanced Sustainability and Innovation Pact: Singapore and CMA CGM, a global leader in shipping and logistics, have solidified their commitment to a greener maritime future by ...; Ana Fernanda Reporter 2025.03.19

Singapore's 21 Carpenter Hotel Revives the Stories of Migrant Workers: Singapore - Behind Singapore's dazzling skyline lies a history of migrant workers' hardship, now brought to life in a newly transf ...; KO YONG-CHUL Reporter 2025.03.19

Korea Grand Sale Attracts Over 346,000 Foreign Tourists, Marking an All-Time High: The Ministry of Culture, Sports and Tourism (Minister Yu In-chon), in collaboration with the Visit Korea Committee (Chairman Lee B ...; KO YONG-CHUL Reporter 2025.03.18

Seoul Revamps 'Birth Support Mall' Amidst Pricing Controversy: Seoul Metropolitan Government has announced enhancements to its newly launched 'Birth Support Mall' (tanseng.co.kr) following publ ...; KO YONG-CHUL Reporter 2025.03.18

Dongwon F&B Launches New Tuna Mayo with Sesame Oil: Dongwon F&B is making waves in the canned tuna market with the launch of its new product, 'Dongwon Flavor Tuna Mayo Sesame Oil ...; Hwang Sujin Reporter 2025.03.18

South Korea Raises High-Speed Bus Ticket Cancellation Fees to Combat 'No-Shows': Seoul, South Korea - Starting May 1st, South Korea will implement new high-speed bus ticket cancellation fee standards to address ...; KIM YOUNG MIN Specialized Reporter 2025.03.18