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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South Korea and Saudi Arabia Leap Beyond Energy into Digital and Future Industries: Hwang Sujin Reporter; 2025.05.10

Korean Consulate General in Sydney Hosts Successful Job and Safety Fair for 2025 Working Holiday Participants: Hwang Sujin Reporter; 2025.05.10

Samsung Bespoke AI Combo Washer/Dryer and OLED TV Sweep Australia's Top Innovation Awards, Proving Global Tech Prowess: Desk; 2025.05.10

Korea Forest Service Showcases Eco-Friendly Wood and Technology at Australian Expo, Securing Potential $21.2 Million in Exports: KO YONG-CHUL Reporter; 2025.05.10

South Chungcheong Governor Kim Tae-heum Actively Promotes Carbon Neutrality: KO YONG-CHUL Reporter; 2025.05.09

Chungcheongnam-do Province Recognized for Innovative Marine Leisure Tourism Strategy, Pioneering Sustainable Coastal Development: KO YONG-CHUL Reporter; 2025.05.09

China Flexes Rare Earth Muscle Ahead of Key US Talks, Prices Skyrocket Amid Export Curbs: Eugenio Rodolfo Sanabria Reporter; 2025.05.09

Kolon Mobility Group Rides Premium Demand to Soar in Q1 Profits Amidst Economic Headwinds: Desk; 2025.05.09

Ford Increases Prices of Mexico-Made Vehicles, Amplifying Concerns of Ripple Effects in the Auto Market Due to Trump Tariffs: Eunsil Ju Reporter; 2025.05.09

Lotte to Host ‘Korea Brand Expo’ in Paris… Laying a Bridgehead for Entry into the European Market: Greace Nunez Correspondent; 2025.05.09

BBH Singapore Unveils Global Campaign Highlighting Samsung Galaxy S25 Ultra + Google Gemini's Everyday Problem-Solving Capabilities: Hwang Sujin Reporter; 2025.05.09

Singapore-Based Impact Investment Platform Co-Axis Secures KRW 1 Billion Investment to Support Climate and Health Solutions in Asia: Yim Kwangsoo Correspondent; 2025.05.09

Taiwanese Small and Medium-Sized Auto Parts Suppliers Shaken by Exchange Rate Volatility: Eugenio Rodolfo Sanabria Reporter; 2025.05.09

Paraguay to Grandly Celebrate 'Paraguay Day' at the 2025 Osaka Expo, Highlighting Culture and Economic Potential: Greace Nunez Correspondent; 2025.05.09

Hyatt Announces Luxury Hotel ‘Casa Duhau’ in Mendoza, Argentina, a Mixed-Use Development with Winery and Residences: Eugenio Rodolfo Sanabria Reporter; 2025.05.09

Brazilian Tradener Begins Importing Argentine Gas... Accelerating South American Energy Market Integration: Ana Fernanda Reporter; 2025.05.09

New York Stock Market Rises on AI Chip Regulation Reversal After FOMC Volatility; Nasdaq Up 0.3%: Hannah Yeh Reporter; 2025.05.08

Wall Street Navigates Fed Uncertainty and Tariff Jitters, Late Surge Fueled by AI Chip Regulation Relief: Greace Nunez Correspondent; 2025.05.08

LG OLED and Steven Harrington: Where Cutting-Edge Display Technology Meets Vibrant Pop Art at Frieze New York: Yim Kwangsoo Correspondent; 2025.05.08

Jeju Province to Impose Fines for Violations of Housing Lease Contract Reporting Starting June: ONLINE TEAM; 2025.05.08