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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Trump Jr. Holds High-Profile Meetings with South Korean Business Tycoons Amidst U.S. Trade Concerns: Eunsil Ju Reporter; 2025.04.30

Andong Intensifies Crackdown on Illegal Use of Local Currency to Bolster Regional Economy: KO YONG-CHUL Reporter; 2025.04.30

Fila Accelerates China Expansion with New Flagship Store Launch: Eugenio Rodolfo Sanabria Reporter; 2025.04.30

Jin Air Resumes Incheon-Qingdao Flights, Boosting Travel Options and Tourism: KO YONG-CHUL Reporter; 2025.04.30

World-OKTA Aims to Be Gateway for Korean SMEs' Global Expansion at Andong Expo: KO YONG-CHUL Reporter; 2025.04.28

JD.com Enters Korean E-commerce Arena with Blitzkrieg Logistics, Threatening Local Players: Min Gyu Mi Reporter; 2025.04.28

Lotte GRS Expands Restaurant Portfolio with Downtown Debut of Japanese Ramen Brand 'Mukyoku': KO YONG-CHUL Reporter; 2025.04.28

Sejong City Hosts Japanese Parliamentarians for Smart City, Balanced Development Talks: HONG MOON HWA Senior Reporter; 2025.04.28

Incheon Bakeries Busted for Storing Expired Ingredients, Violating Food Safety Laws: KO YONG-CHUL Reporter; 2025.04.28

Toyota Korea Amplifies After-Sales Service with New Mega Parts Center: Hwang Sujin Reporter; 2025.04.28

Seoul Bets Big on Chicken to Boost Public Delivery App "Ttanggyeoyo": Hwang Sujin Reporter; 2025.04.28

"May Donghaeng Festival" to Boost National Spending, Support Small Businesses: Hwang Sujin Reporter; 2025.04.28

Travel Troubles Rise in South Korea as Overseas Trips Surge: Hwang Sujin Reporter; 2025.04.28

Philippine Central Bank Launches Mobile App, Strengthening Access to Financial Information and Accelerating Digital Inclusion: ONLINE TEAM; 2025.04.27

Singapore-US Trade Relations: Seeking Deeper Cooperation Amid Maintained Tariffs: Ana Fernanda Reporter; 2025.04.27

Busan Launches Ambitious Regional Tourism Packages Targeting Foreign Visitors: ONLINE TEAM; 2025.04.27

Kakao's New Targeted Ad Service Sparks Controversy in South Korea's ICT Sector: Hwang Sujin Reporter; 2025.04.27

Spring Blooms on the Sea: Jebu Island Cable Car 'Seohae Rang' Unveils Spring Refresh: Hwang Sujin Reporter; 2025.04.27

Incheon Port Achieves All-Time High in Used Car Exports in the First Quarter: Desk; 2025.04.27

Incheon Airport Anticipates Record Passenger Numbers, Urgency Grows for Expansion: Hwang Sujin Reporter; 2025.04.27