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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Daejeon Fire Headquarters Intensifies Emergency Response with Recruitment of Paramedics and Nurses: Hwang Sujin Reporter; 2025.05.03

Daejeon and Hanwha Eagles Unite Iconic Mascot with Baseball Spirit in Collaborative Merchandise Launch: Hwang Sujin Reporter; 2025.05.03

South Chungcheong Province Intensifies Training to Bolster Civil Servant Response to Citizen Grievances: HONG MOON HWA Senior Reporter; 2025.05.03

Cheonan Empowers Youth Innovation with Million-Won Challenge Project: HONG MOON HWA Senior Reporter; 2025.05.03

Cheonan Revamps Local Currency Card Design as Popular Initiative Marks Half-Decade Milestone: HONG MOON HWA Senior Reporter; 2025.05.03

South Korea's Chungcheongnam-do Province Intensifies Emerging Market Push Amidst US Tariff Fallout: KO YONG-CHUL Reporter; 2025.05.03

Daejeon Secures Landmark Agreement to Host Premier Life Science Conferences, Boosting Bio-Industry Ambitions: HONG MOON HWA Senior Reporter; 2025.05.03

MA Financial Expands Asia Presence with Appointment of Head of Asian Distribution in Singapore: KO YONG-CHUL Reporter; 2025.05.03

Singapore's New IPOS Chairman to Accelerate Attraction of Multinational Corporations' R&D: KO YONG-CHUL Reporter; 2025.05.03

Argentine Agrees to $20 Billion Stabilization Program with IMF: Analysis of Success Potential and Risk Factors: Pedro Espinola Special Correspondent; 2025.05.03

Paraguay Small Online Stores Usher in Era of Simple Payments with QR Codes: Global Economic Times Reporter; 2025.05.03

Upscale Asunción Restaurant El Elegido Takes a New Leap Forward with Menu Revamp and All-Day Concept: Ana Fernanda Reporter; 2025.05.03

Chungcheongnam-do Province to Expand Economic and Human Exchange with Uzbekistan: HONG MOON HWA Senior Reporter; 2025.05.02

World-OKTA Rebrands as 'World Korean Economic and Trade Association' to Reflect Evolving Role: KO YONG-CHUL Reporter; 2025.05.01

Sri Lankan Delights Take Center Stage at Food and Hotel Asia Exhibition in Singapore: Desk; 2025.05.01

Singapore's F&B Sector Faces Contraction After a Year of Growth, But Opportunities Remain, Says OCBC: Eugenio Rodolfo Sanabria Reporter; 2025.05.01

Andong Mayor Kwon Ki-chang Urges Tourism as an Act of Charity Following Devastating Wildfires: KO YONG-CHUL Reporter; 2025.04.30

Yecheon Agri-Food Products Set Stage for Global Expansion at Andong Korea Business Expo: KO YONG-CHUL Reporter; 2025.04.30

World-OKTA's Andong Korea Business Expo Secures $84 Million in Deals, Demonstrating Global Korean Economic Network Power: KO YONG-CHUL Reporter; 2025.04.30

Resilient Beauty Salons and Lodging Outshine Struggling Online Retail and Cosmetics in South Korean Startup Survival Rates: Kim Sungmoon Reporter; 2025.04.30