Global Economic Times

2025.10.24 (Fri)
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Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification

Kostanay, Kazakhstan — Kia Corporation officially opened its second Complete Knock-Down (CKD) joint assembly plant in Kostanay, Kazakhstan, on October 21, 2025, marking a significant step in div
Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy

Gmarket, now a subsidiary of the joint venture (JV) between Shinsegae Group and Alibaba Group, has unveiled an ambitious plan to inject 700 billion won (approximately $492 million) into its operations

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

Business

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Busan Launches 2 Trillion Won Green Fund to Support Local Businesses: Global Economic Times Reporter; 2025.02.10

Three Korean Banks Hit by Multi-Billion Won Fraud Scandal: KO YONG-CHUL Reporter; 2025.02.10

Korean East-West Power and HD Hyundai Heavy Industries Join Forces to Develop Carbon-Free Distributed Energy: Global Economic Times Reporter; 2025.02.10

BNK Financial Group Announces Record-Breaking 2024 Earnings: Global Economic Times Reporter; 2025.02.10

Doosan Škoda Power Makes Historic Debut on Prague Stock Exchange: Global Economic Times Reporter; 2025.02.10

Gyeongnam Province to Support Local Businesses at the World Korean Business Convention 2025: KO YONG-CHUL Reporter; 2025.02.10

Samsung Biologics Rapidly Closing Gap with Global CDMO Leader Lonza: Desk; 2025.02.10

Shinhan Securities Sees 63% Surge in New IRP Accounts in 2024: Hwang Sujin Reporter; 2025.02.08

Hana Securities Offers US Stock Purchase Coupons for New Foreign Currency Deposit Accounts: Desk; 2025.02.08

Hantop Achieves Operating Profit Surplus for 3 Consecutive Years: Hwang Sujin Reporter; 2025.02.08

Bbia, a Korean Indie Beauty Brand, Achieves Record-Breaking Sales in 2024: Hwang Sujin Reporter; 2025.02.08

Woori Card's Net Profit Surges 32.4% to KRW 147 Billion in 2024: Min Gyu Mi Reporter; 2025.02.08

South Korea's Top 4 Financial Groups Achieve Record Profits of Over ₩16 Trillion: Hwang Sujin Reporter; 2025.02.08

South Korea Extends Fuel Tax Cut, Boosts Support for Food Prices Amidst Inflation Concerns: Global Economic Times Reporter; 2025.02.07

Fitch Maintains South Korea's Credit Rating at 'AA-' with Stable Outlook, but Downgrades Growth Forecast: KO YONG-CHUL Reporter; 2025.02.07

Samyang Foods Achieves Record-Breaking Sales and Operating Profit in 2024: Min Gyu Mi Reporter; 2025.02.06

S. Korea Takes Measures in Response to China's Export Control of 5 Key Raw Materials: Hwang Sujin Reporter; 2025.02.06

Gold Transactions Surge Amidst Escalating Trade War Fears: Hwang Sujin Reporter; 2025.02.06

Financial Authorities Strengthen Disaster Recovery Measures Following Kakao's "Service Interruption" Incident: KO YONG-CHUL Reporter; 2025.02.06

U.S. Trade Deficit Hits Record High in 2024: Sharon Yoon Correspondent; 2025.02.06