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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Trump's Tariffs Threaten South Jeolla Province's Booming Agricultural Exports: South Jeolla Province, a region in South Korea, has recently seen a surge in agricultural and fisheries exports, driven by the K-f ...; Yim Kwangsoo Correspondent 2025.02.11

Gwangju City Increases Financial Support for Small and Medium-sized Enterprises to 270 Billion Won: Gwangju Metropolitan City has announced that it will provide 270 billion won in financial support to small and medium-sized enterp ...; ONLINE TEAM 2025.02.11

Kyobo Life's Put Option Disputes: Will Affinity Follow Affirma's Lead?: Seoul – The resolution of Kyobo Life Insurance's long-standing put option dispute with Affirma Capital has ignited speculati ...; Min Gyu Mi Reporter 2025.02.11

South Korea's Early February Trade Shows Slight Export Growth Amidst Semiconductor Rebound: SEOUL – South Korea's exports saw a modest 0.8 percent increase year-on-year in the first 10 days of February, reaching $14. ...; JEONG CHAN MYEONG Senior Reporter 2025.02.11

Korean Exporters Brace for Potential US Tariff Fallout: SEOUL – Korean businesses are preparing for potential disruptions to their U.S. sales as the specter of increased tariffs lo ...; Hee Chan Kim Reporter 2025.02.11

Lotte Wellfood Opens Massive New Manufacturing Plant in India: PUNE, INDIA – Lotte Wellfood, the South Korean confectionery giant, has officially opened its new state-of-the-art manufactu ...; Ana Fernanda Reporter 2025.02.11

Temu Gears Up for Direct Entry into Korean E-commerce Market: SEOUL – Chinese e-commerce platform Temu, owned by PDD Holdings, is reportedly accelerating its preparations for a direct en ...; Yim Kwangsoo Correspondent 2025.02.11

Maserati's South Korean Dream Falters as Luxury Rivals Steal the Show: Seoul – Maserati's ambitious push into the South Korean luxury car market is hitting a roadblock, with sales figures paintin ...; Hwang Sujin Reporter 2025.02.11

Korean Budget Coffee Chains Feel the Heat as Bean Prices Soar: SEOUL – The rising cost of coffee beans worldwide is finally hitting South Korea's fiercely competitive budget coffee market ...; Desk 2025.02.11

POSCO International's Website Wins Top Honors at iNova Awards: SEOUL – POSCO International's newly revamped website has garnered international recognition, winning the prestigious Grand A ...; Global Economic Times Reporter 2025.02.11

Shinhan Card Launches 'The BEST-X', a Premium Card with Enhanced Benefits: Shinhan Card has introduced 'The BEST-X', a premium credit card that offers a wide range of benefits to attract high-spending cust ...; Desk 2025.02.10

Ecovacs Sold Out All Prepared Quantity of New Robot Cleaner 'Deebot X8 Pro Omni' in Naver Shopping Live: Ecovacs announced on the 7th that it had sold out all the prepared quantity of its new robot cleaner 'Deebot X8 Pro Omni' in Naver ...; Hee Chan Kim Reporter 2025.02.10

LG Electronics to Showcase Advanced HVAC Solutions at AHR Expo 2025: ORLANDO, FL – LG Electronics (CEO Cho Joo-wan) is set to make a significant splash at the AHR Expo 2025, the largest HVAC ex ...; PETER KO 2025.02.10

Applied Materials Korea to Showcase Next-Gen Semiconductor Technology at Semicon Korea 2025: Applied Materials Korea, led by CEO Park Gwang-sun, will participate in 'Semicon Korea 2025' held at COEX in Seoul from February 1 ...; Global Economic Times Reporter 2025.02.10

Korbit Launches Non-Custodial 'Korbit Web3 Wallet': Korbit, a leading cryptocurrency exchange in South Korea, announced the launch of its non-custodial individual wallet, the 'Korbit ...; Global Economic Times Reporter 2025.02.10

Samsung Securities: "Tariff threat back on the table this week": Samsung Securities announced on the 10th that unlike last week, when concerns about the trade war eased, this week's financial mar ...; Desk 2025.02.10

Woori Bank Resumes Credit Loan Sales After 3 Months... Expands Preferential Interest Rates: Woori Bank has resumed sales of credit loan products, which were temporarily suspended for household loan management, after about ...; Global Economic Times Reporter 2025.02.10

Mirae Asset Global Investment Holds 'ETF Rally 2025' in Hawaii: HONOLULU – Mirae Asset Global Investment held its 'ETF Rally 2025' at the Fairmont Hawaii Hotel from March 3rd to 4th. The e ...; PETER KO 2025.02.10

LS Securities to Host "Touhon Cup" Futures and Options Profit Contest: LS Securities announced on February 10th that it will be hosting the "Touhon Cup, Domestic Futures and Options Profit Contest," a ...; Desk 2025.02.10

KB Securities Offers Low-Interest Credit Loans for New and Existing Customers: KB Securities announced on April 10th that it will lower the interest rate on credit loans to 4.0% per year until April 30th. Thi ...; Desk 2025.02.10