Global Economic Times

2025.10.21 (Tue)
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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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Aero K Airlines Launches Scheduled Cheongju-Obihiro Route Second Hokkaido Connection After Cheongju-Sapporo!: Cheongju, South Korea – May 21, 2025 – Aero K Airlines (CEO Kang Byung-ho), based at Cheongju International Airport, h ...; HONG MOON HWA Senior Reporter 2025.05.22

Paraguay Set to Attract Over 100 New Foreign Investors in 2025, Poised for Investment Surge: Asunción, Paraguay – Paraguay is emerging as a regional hub for foreign investment, attracting approximately 100 new ...; Global Economic Times Reporter 2025.05.21

Aero K Confirms Regular Cheongju-Obihiro Route Launch, Opening Hokkaido Skies: CHEONGJU, South Korea – Aero K Airlines, based at Cheongju International Airport, has announced the launch of a new regular ...; HONG MOON HWA Senior Reporter 2025.05.21

Daejeon City Launches Practical 'Small Business Startup & Management Improvement Education' in June: DAEJEON, South Korea – Daejeon City is set to launch a comprehensive, hands-on training program for aspiring entrepreneurs a ...; HONG MOON HWA Senior Reporter 2025.05.20

Cheonan City Tour Expands Boarding Points for June, KTX Cheonan-Asan Station Added: CHEONAN, South Korea – Cheonan City announced on May 19th that it will expand the boarding locations for its regular city to ...; HONG MOON HWA Senior Reporter 2025.05.20

South Chungcheong Province Launches "Chungnam Tour Pass" for Enhanced Tourist Experience: CHUNGCHEONGNAM-DO – South Chungcheong Province and the Chungnam Culture & Tourism Foundation officially unveiled the "20 ...; HONG MOON HWA Senior Reporter 2025.05.20

China's Pear Pioneers Conquer New Territory: First-Ever Fresh Pear Shipment Lands in Argentina: Cangzhou, Hebei Province, China – In a landmark move signaling the diversification of China's agricultural exports into the ...; Yim Kwangsoo Correspondent 2025.05.20

Brazilian Central Bank: "BRICS' Asset Size Insufficient to Threaten the Dollar": São Paulo – A high-ranking official at the Brazilian Central Bank has dismissed the likelihood of emerging economies, ...; Greace Nunez Correspondent 2025.05.20

China's Trade War Woes Drive Companies Towards Singapore Stock Exchange: Singapore – Escalating tensions in the trade war between the United States and China are prompting a notable shift in listin ...; Ana Fernanda Reporter 2025.05.19

Paraguayan "Yvykui-Born" Artisanal Alfajores Captivate Gourmet Palates with Delicate Flavors: In the picturesque Yvykui region of Paraguay, a land steeped in natural beauty and rich history, a remarkable story unfolds from a ...; Eugenio Rodolfo Sanabria Reporter 2025.05.19

US Eyes South Korean Shipbuilding Expertise as a Bargaining Chip in Trade Negotiations: As the United States seeks to revitalize its shipbuilding industry, a strategic alliance with South Korea, a global powerhouse in ...; Global Economic Times Reporter 2025.05.18

New York Stocks Soar as US and China Agree to Tariff Suspension; Oil Prices Rally: NEW YORK, NY – The three major U.S. stock indexes surged on Thursday as news broke that the United States and China had reac ...; Ana Fernanda Reporter 2025.05.18

Daejeon Joins Forces with AWS to Usher in the Quantum Industrialization Era: Daejeon Metropolitan City, South Korea – In a significant move to spearhead the nation's advancement into the quantum era, D ...; KO YONG-CHUL Reporter 2025.05.18

Chungnam Province Invests ₩500 Million to Support 24 Social Enterprises: Chungcheongnam-do (South Chungcheong Province) announced on May 15th its decision to allocate a total of ₩500 million in business ...; HONG MOON HWA Senior Reporter 2025.05.18

Chungnam Province to Showcase its Flavors and Flair at K-Festival: Chungcheongnam-do Province announced its participation in the ‘K-Festival & Travel Show 2025,’ held at KINTEX in I ...; KO YONG-CHUL Reporter 2025.05.18

South Korea's Leading Floriculture and Horticulture Expos Unite to Enhance Global Competitiveness: GOYANG, GYEONGGI PROVINCE – Four of South Korea's premier floriculture and horticulture exhibitions have joined forces to la ...; KO YONG-CHUL Reporter 2025.05.18

South Korean Province Unveils Innovative Vitamin C-Packed Strawberry Shake to Boost Health and Local Agriculture: In a move poised to invigorate both consumer health and the regional agricultural economy, the Chungcheongnam-do Agricultural Rese ...; KO YONG-CHUL Reporter 2025.05.18

Chungnam Province Seeks Promising and Long-Standing Small Businesses to Bolster Local Economy: Chungnam Province has announced a call for applications to recognize and support both promising small and medium-sized enterprises ...; HONG MOON HWA Senior Reporter 2025.05.18

Franklin Templeton Launches Tokenized Money Market Fund in Singapore, Expanding Access for Individual Investors: Global asset manager Franklin Templeton is accelerating innovation in the digital asset market by launching a tokenized money mark ...; Hwang Sujin Reporter 2025.05.17

Paraguayan National Council of Science and Technology (Conacyt) Opens Call for Researchers to Participate in Overseas Advanced Research Institution Training Program: The Paraguayan National Council of Science and Technology (Conacyt) has announced a call for applications from researchers being s ...; Desk 2025.05.17