Global Economic Times

2025.10.22 (Wed)
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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
South Korean Department Store Industry Intensifies Competition for AI-Based 'Hyper-Personalized' Shopping

The South Korean department store industry is accelerating the development of 'hyper-personalized' custom services using Artificial Intelligence (AI). Leading this trend, Hyundai Department St

From Formal to 'Fine-Casual': Asia Pacific Embraces Culinary Comfort and Experience

SEOUL, South Korea — A seismic shift is underway in the Asia Pacific dining scene, with traditional fine dining making way for a trend dubbed "casual luxury." This is the core findin

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U.S. Businesses Brace for Supply Chain Disruptions Amidst Potential Trump Tariffs: Eunsil Ju Reporter; 2025.06.04

Shinhan Card Announces Early Retirement Offer Amidst Declining Profitability and Loss of Industry Leadership: Hee Chan Kim Reporter; 2025.06.04

South Korea's Job Market Sees Record Low Entrants and Movers, Signaling Tightening Conditions: KIM YOUNG MIN Specialized Reporter; 2025.06.04

Sedeco Fines Express Supermarket 'Biggie': Repeated Violations, Consumer Rights Infringement Controversy: Ana Fernanda Reporter; 2025.06.04

INCOOP Announces Credit Card and Loan Interest Rate Ceilings for June 2025: Yim Kwangsoo Correspondent; 2025.06.04

SAFasia, Emerging Fuels Technology (EFT) Sign Agreement for Philippines SAF Development: Opening New Horizons for Southeast Asia's Sustainable Aviation Fuel Market: Kim Sungmoon Reporter; 2025.06.03

Philippines' Hotel101 on the Cusp of Nasdaq Listing, Poised to Lead Global 'Condotel' Market: KO YONG-CHUL Reporter; 2025.06.03

Singapore's Top-Rated Bonds Gain Favor as U.S. Treasury Appeal Wanes: Desk; 2025.06.03

Haenyeo Cafe Operations and Experiential Programs Draw Local Taiwanese Attention: KO YONG-CHUL Reporter; 2025.06.03

GS Retail and Chungcheongnam-do Collaborate Strategically for Successful 'Visit Chungnam Year': HONG MOON HWA Senior Reporter; 2025.06.02

Chungcheongnam-do and Hebei Province Deepen Economic Cooperation Discussions: HONG MOON HWA Senior Reporter; 2025.06.02

HD Hyundai Strengthens Submarine Development and MRO Cooperation with Portuguese Navy, Accelerating Global Defense Market Expansion: KO YONG-CHUL Reporter; 2025.06.02

UAE-Syria Resume Civilian Flights: A Signal of Improving Relations: Ana Fernanda Reporter; 2025.06.02

GC Genome Accelerates Entry into UAE Non-Invasive Prenatal Testing Market with GeniFit Supply Agreement: Ana Fernanda Reporter; 2025.06.02

3-Day Investment Relations Successfully Completed with Key Local Investors in Hong Kong and Singapore… Explained Board Composition and Operation Plans, Discussed Governance Improvements: Hwang Sujin Reporter; 2025.06.01

"The Magic of the Green Bottle" in the Philippines: Soju's Journey to Popularity on the Back of the Korean Wave: Kim Sungmoon Reporter; 2025.06.01

South America's First Premium-Only Airline, Preparing for Takeoff in Argentina: Eugenio Rodolfo Sanabria Reporter; 2025.06.01

Vietnam Urges Oman to Boost Investment Fund to $1 Billion, Eyeing Strategic Sectors: Eugenio Rodolfo Sanabria Reporter; 2025.06.01

Korean-Made DAP Fertilizer: Cadmium Levels Trigger Vietnamese Durian Export Ban to China: Hwang Sujin Reporter; 2025.06.01

South Korea's NAAS and Switzerland's FiBL Partner for Regenerative Organic Agriculture Advancement: KO YONG-CHUL Reporter; 2025.06.01