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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Even Used Clothes Get Bought by Department Stores… Hyundai Department Store Fully Introduces Eco-Friendly Compensation Service 'Buy-Back': Kim Sungmoon Reporter; 2025.07.09

Gyeonggi Province Faces Deepening Shortage of 5,900 Bus Drivers, Seeks to Overcome Crisis with Ordinance to Train Transit Workers: Hwang Sujin Reporter; 2025.07.09

Bucheon City to Fully Operate '2025 Bucheon Festa Tour BIFAN Edition': KO YONG-CHUL Reporter; 2025.07.08

Daejeon City Produces and Distributes '2025 Youth Employment Support Guide': KO YONG-CHUL Reporter; 2025.07.08

Daejeon City Becomes First in Nation to Support Small Business Card Payment Communication Fees: HONG MOON HWA Senior Reporter; 2025.07.08

Air Busan's Summer Vacation Special: Up to 80% Off International Flights from Busan/Incheon: Kim Sungmoon Reporter; 2025.07.08

Samsung Electronics Aims to Defend Stock Price with ₩2.8 Trillion Share Buyback and Cancellation Amidst Q2 'Earnings Shock': KO YONG-CHUL Reporter; 2025.07.08

South Korea Moves to Drastically Improve Nurse Working Conditions, Address Night and Shift Work Issues: Hwang Sujin Reporter; 2025.07.06

SKT Announces Large-Scale Compensation Plan for USIM Hacking Incident…Penalty Fee Waivers and Half-Price Telecom Bills: Hwang Sujin Reporter; 2025.07.04

Volvo Cars Korea Launches Plug-in Hybrid XC60 and XC90: Opening a New Horizon for Sustainable Mobility: Hwang Sujin Reporter; 2025.07.04

Singapore's Financial Fortification Strategy: Institutionalizing Market Reforms to Attract Global Capital: Global Economic Times Reporter; 2025.07.04

Singapore Car Market: BYD's Solo Run and Toyota's Chase: Ana Fernanda Reporter; 2025.07.04

Okayama City Delegation Visits Bucheon, Deepening Friendship and Exchange: KO YONG-CHUL Reporter; 2025.07.04

Asunción Stock Exchange Records US$3.43 Billion in H1 Transactions, Up 25.3% Year-on-Year: Yim Kwangsoo Correspondent; 2025.07.04

Fines for Non-Payment of Increased Minimum Wage: Information You Can't Miss: Pedro Espinola Special Correspondent; 2025.07.04

Asunción City Development Committee (Codeasu) Proposes Direct Passenger Subsidies to Solve Public Transportation Issues: Yim Kwangsoo Correspondent; 2025.07.04

El Salvador Opens its Market to Paraguayan Beef: Ana Fernanda Reporter; 2025.07.04

Migone-Farmacenter Forge Strategic Alliance to Offer Exclusive Benefits: Ana Fernanda Reporter; 2025.07.04

Banks Accelerate Listings on Ho Chi Minh Stock Exchange: KO YONG-CHUL Reporter; 2025.07.04

Shinhan Bank Successfully Concludes 'On-site Asset Management Conference' in Vietnam: Providing Customized Financial Solutions for Korean Residents and Local Businesses: KO YONG-CHUL Reporter; 2025.07.04

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