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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Uruguay and Paraguay 'Mixed Expectations' for Argentina's Easing of Currency Controls: Pedro Espinola Special Correspondent; 2025.04.17

The Aftermath of the Tabesa Sanctions: A Dark Shadow Over Paraguay's Finances: Ana Fernanda Reporter; 2025.04.17

Newsom, California Governor, Draws 'Sword' Against Trump's Tariff Policy... A Prelude to the 2028 Presidential Election?: KO YONG-CHUL Reporter; 2025.04.17

Los Angeles, Delivery Robots Become Part of Daily Life… Emerging as a Leader in Urban Logistics Innovation: Eunsil Ju Reporter; 2025.04.17

Nongshim Partners with Dessert Powerhouse 'Knotted' to Target the US Market… Launches 'Banana Kick Cream Donut': Eunsil Ju Reporter; 2025.04.17

Daejeon Inaugurates Korea SMC's Second Plant, Bolstering its Stature as a Business-Friendly Metropolis: HONG MOON HWA Senior Reporter; 2025.04.17

Chungnam Economic Promotion Agency Launches 'Chungnam Semiconductor Plus Job Project' to Boost Industry and Employment: KO YONG-CHUL Reporter; 2025.04.17

Kim Jung-min: Pioneering Korean Entrepreneur Forges Unity Among Vietnamese Korean Business Community and Expands Global Reach: KO YONG-CHUL Reporter; 2025.04.17

K-Beauty Wave Fuels Economic and Cultural Bridges Between South Korea and Central Europe: HONG MOON HWA Senior Reporter; 2025.04.17

World-OKTA to Host '2025 KOREA BUSINESS EXPO ANDONG' with Grand Opening on April 28th: KO YONG-CHUL Reporter; 2025.04.17

Daejeon Aims to Cultivate Star Companies by Turning Technology into Market Success Through Demonstration Support: KO YONG-CHUL Reporter; 2025.04.17

Cheonan City Intensifies Scrutiny of Food Establishments in Anticipation of Major Cultural and Sporting Events: HONG MOON HWA Senior Reporter; 2025.04.16

Job Openings at Daejeon Metropolitan City Public Institutions! Hiring a Total of 110 People: HONG MOON HWA Senior Reporter; 2025.04.16

Cheonan Pioneers Senior Pedestrian Delivery Program, Blending Employment and Well-being for Elderly Citizens: HONG MOON HWA Senior Reporter; 2025.04.16

Daejeon Metropolitan City to Subsidize Purchase of 299 Electric Motorcycles in 2025: KO YONG-CHUL Reporter; 2025.04.16

Daejeon Secures Significant Budget Savings Through Strategic Reduction of Taxi Card Transaction Fees: HONG MOON HWA Senior Reporter; 2025.04.16

Chungnam Province to Select This Year's Best Traditional Liquors: HONG MOON HWA Senior Reporter; 2025.04.16

Chungnam Center for Creative Economy & Innovation Opens Applications for 2025 Batch 5 Acceleration Program: HONG MOON HWA Senior Reporter; 2025.04.16

Nongshim's Retro Reboot: Classic Ramen Strikes Gold with 10 Million Packs Sold in Three Months: Kim Sungmoon Reporter; 2025.04.16

Asia Korean Council Federation Finalizes Cambodia Convention for June, Marking a Return After 16 Years: KO YONG-CHUL Reporter; 2025.04.16