Global Economic Times

2025.10.25 (Sat)
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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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Delinquency Rates Soar to Record Highs in South Korea's Large Loan Shark Industry: KO YONG-CHUL Reporter; 2024.12.30

South Korea's Exports to the Philippines Expected to Soar Following FTA Implementation: Ana Fernanda Reporter; 2024.12.30

K-Content in High Demand as Southeast Asian OTT Market Booms: KO YONG-CHUL Reporter; 2024.12.29

Shinsegae Unveils Comprehensive Value Enhancement Plan: Desk; 2024.12.29

Jincheon County Achieves Record-Breaking Investment Attraction for Ninth Consecutive Year: HONG MOON HWA Senior Reporter; 2024.12.29

Louis Vuitton and Takashi Murakami Reunite for a Vibrant 20th Anniversary Collection: Eugenio Rodolfo Sanabria Reporter; 2024.12.29

Korean Retailers Offer Deep Discounts for Year-End Shopping Spree: KO YONG-CHUL Reporter; 2024.12.28

Egypt Tightens Car Import Regulations Amid Economic Headwinds: Global Economic Times Reporter; 2024.12.28

Beloved Characters Popeye and Tintin Enter the Public Domain: ONLINE TEAM; 2024.12.28

Soaring Exchange Rate Sends Shockwaves Through South Korea's Industries: Desk; 2024.12.28

Hungary Caps Guest Worker Permits to 35,000 in 2025: Eugenio Rodolfo Sanabria Reporter; 2024.12.27

Buy Now, Pay Later: A Risky Holiday Trend: Eugenio Rodolfo Sanabria Reporter; 2024.12.27

Oil Prices Edge Lower on Friday, but Set for Weekly Gain: Graciela Maria Reporter; 2024.12.27

Korean Consumers Get More Protection in New Consumer Dispute Resolution Standards: Hwang Sujin Reporter; 2024.12.27

South Korea and the Philippines to Deepen Economic Ties with New FTA: Hwang Sujin Reporter; 2024.12.26

Small Businesses Crumble Under Economic Pressure: Hwang Sujin Reporter; 2024.12.26

Norges Bank Holds Rates Steady, Signals Easing Soon: Ana Fernanda Reporter; 2024.12.25

Uber Acquires Remaining Stake in UT, Strengthening Its Position in South Korea: Eugenio Rodolfo Sanabria Reporter; 2024.12.25

Franchise Industry Surpasses 300,000 Outlets in South Korea: ONLINE TEAM; 2024.12.25

Online Shopping Scams Surge During Pandemic, Shift in Tactics and Targets: Desk; 2024.12.25