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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Cuba Freezes Foreign Companies' Deposits, Investment Environment Plunges to 'Worst': Sharon Yoon Correspondent; 2025.04.14

Paraguay's Holy Week Sees Domestic Tourism Boom, Rural Lodging Reaches Over 70% Occupancy: Pedro Espinola Special Correspondent; 2025.04.14

Banco Basa, First in Paraguay to Launch AFD's 'Procampo Verde' Sustainable Agriculture Loans: Graciela Maria Reporter; 2025.04.14

Taiwan Cracks Down on Illegal Accommodations, Collects Over NT$20 Million in Fines in Three Months: Ana Fernanda Reporter; 2025.04.14

Soaring Prices Empty Wallets at Convenience Stores: Consumers Flock to Affordable Private Brands: Desk; 2025.04.14

"Big 3" Luxury Brands Achieve Record Sales in South Korea Amid Price Hikes: Hwang Sujin Reporter; 2025.04.14

Hyundai and Kia Achieve Record First Quarter Sales in India's Booming Auto Market: KO YONG-CHUL Reporter; 2025.04.14

Korean Restaurant Thrives Near SK Battery Plant, Sparking Economic Revival in Commerce, Georgia: Yim Kwangsoo Correspondent; 2025.04.14

Korean "West Ants" Weather Market Storm: Tech Stock Holdings Shrink Amid Trade Tensions, Yet Bargain Hunting Persists: KO YONG-CHUL Reporter; 2025.04.14

Australian Rare Earth Miners Surge Amid China's Export Restrictions: Eugenio Rodolfo Sanabria Reporter; 2025.04.14

Philippines-France Economic Cooperation Sees 'Green Light': FTA Negotiations and Direct: Yim Kwangsoo Correspondent; 2025.04.14

Will the Indian Market Become a Haven from Trump's Tariff Threats?: KO YONG-CHUL Reporter; 2025.04.13

Overseas Online Shopping Scams: Consumers Left Defenseless as Responsibility Lags: Hwang Sujin Reporter; 2025.04.13

Instagram Shoe Scam: Buyer Left in Limbo as Seller Ghosts and Card Cancellation Fails: Hwang Sujin Reporter; 2025.04.13

Boise Smoke Shops Forced to Close Amid Sudden Police Crackdown, Confusion Over Legal Interpretations: Eunsil Ju Reporter; 2025.04.12

Trump's Tariff Threat Casts Shadow Over South Dakota Wine Industry and Local Economy: KO YONG-CHUL Reporter; 2025.04.12

Cheonan City to Subsidize 50 Hydrogen Fuel Cell Vehicles: 32.5 Million KRW per Vehicle: KO YONG-CHUL Reporter; 2025.04.11

Daejeon City Tour Unveils Revitalized Itineraries Focusing on Sensory and Experiential Tourism: KO YONG-CHUL Reporter; 2025.04.11

Chungnam HRD Center Successfully Concludes Specialized Job Competency Enhancement Training for E-9 Foreign Workers: HONG MOON HWA Senior Reporter; 2025.04.11

Chungnam Center for Creative Economy and Innovation Opens Call for 2025 First-Half Incubation Program at Chungnam Startup Marunabi: HONG MOON HWA Senior Reporter; 2025.04.11