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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LG Electronics Unveils AI WashTower with Enhanced Performance and Smart Features: Seoul, South Korea – LG Electronics Inc. has introduced its latest innovation in home appliances, the AI WashTower, a sophis ...; KO YONG-CHUL Reporter 2025.03.20

LG Unveils South Korea's First Reasoning AI Model, Competing with Global Tech Giants: Seoul, South Korea – LG has marked a significant milestone in South Korea's AI landscape by unveiling Exaone Deep, the natio ...; KO YONG-CHUL Reporter 2025.03.20

Korean Airlines Engage in Fierce Price Competition on US Routes During Off-Peak Season: Seoul, South Korea – Korean national airlines are engaging in aggressive price competition on their US routes as they enter ...; KO YONG-CHUL Reporter 2025.03.20

Argentina's CNV Approves Resolution 1058: Regulating Cryptocurrency Asset Service Providers: The Argentine Securities Commission (CNV) has recently approved General Resolution 1058, establishing regulations for Cryptocurren ...; Desk 2025.03.19

Argentina Eyes $30 Billion in Fuel Exports by 2031, YPF President Unveils Ambitious Plans: Buenos Aires, Argentina – Argentina has set its sights on becoming a major fuel exporter, with YPF President Lacio Mar&iacut ...; Graciela Maria Reporter 2025.03.19

UAE Announces €16 Billion Investment in Brazil, Focusing on Infrastructure and Social Development: Brazil is set to receive a substantial economic boost as the United Arab Emirates (UAE) has announced plans to invest €16 bil ...; Hwang Sujin Reporter 2025.03.19

Brazil Strengthens Carbon Credit Market Regulation with New Measures: Brazil is taking significant steps to solidify its position in the global carbon market by implementing stronger regulatory framew ...; ONLINE TEAM 2025.03.19

Bayer and Mega Labs Forge New Partnership to Boost Pharmaceutical Presence in Brazil: São Paulo, Brazil – In a move set to significantly impact the Brazilian pharmaceutical landscape, Bayer and Mega Labs ...; Yim Kwangsoo Correspondent 2025.03.19

Uruguay Set to Shine as Tech and Innovation Hub at Media Innovation 2025: Event: Uruguay Media Innovation 2025Dates: March 19-20, 2025Location: UruguayPart of: Punta Show (21-year tradition)Focus: Audiovi ...; Ana Fernanda Reporter 2025.03.19

Global Entrepreneurial Landscape Shifts: Opportunities Rise Amidst Lingering Fears: A recent Global Entrepreneurship Monitor (GEM) 2024/2025 report reveals a dynamic shift in the global entrepreneurial landscape, m ...; Eugenio Rodolfo Sanabria Reporter 2025.03.19

itti Wins Gold at Fintech Americas Awards, Leading Latin American Financial Innovation: Asunción, Paraguay – Paraguayan fintech innovator itti has been awarded the prestigious Gold Award in the Digital Ban ...; Graciela Maria Reporter 2025.03.19

Air New Zealand and Singapore Airlines Celebrate a Decade of Partnership, Enhancing Global Connectivity: Air New Zealand and Singapore Airlines have announced the celebration of their 10-year successful partnership, which has significa ...; Eugenio Rodolfo Sanabria Reporter 2025.03.19

Singapore and CMA CGM Forge Ahead with Enhanced Sustainability and Innovation Pact: Singapore and CMA CGM, a global leader in shipping and logistics, have solidified their commitment to a greener maritime future by ...; Ana Fernanda Reporter 2025.03.19

Singapore's 21 Carpenter Hotel Revives the Stories of Migrant Workers: Singapore - Behind Singapore's dazzling skyline lies a history of migrant workers' hardship, now brought to life in a newly transf ...; KO YONG-CHUL Reporter 2025.03.19

Korea Grand Sale Attracts Over 346,000 Foreign Tourists, Marking an All-Time High: The Ministry of Culture, Sports and Tourism (Minister Yu In-chon), in collaboration with the Visit Korea Committee (Chairman Lee B ...; KO YONG-CHUL Reporter 2025.03.18

Seoul Revamps 'Birth Support Mall' Amidst Pricing Controversy: Seoul Metropolitan Government has announced enhancements to its newly launched 'Birth Support Mall' (tanseng.co.kr) following publ ...; KO YONG-CHUL Reporter 2025.03.18

Dongwon F&B Launches New Tuna Mayo with Sesame Oil: Dongwon F&B is making waves in the canned tuna market with the launch of its new product, 'Dongwon Flavor Tuna Mayo Sesame Oil ...; Hwang Sujin Reporter 2025.03.18

South Korea Raises High-Speed Bus Ticket Cancellation Fees to Combat 'No-Shows': Seoul, South Korea - Starting May 1st, South Korea will implement new high-speed bus ticket cancellation fee standards to address ...; KIM YOUNG MIN Specialized Reporter 2025.03.18

Singapore aims for tourism resurgence with 'experience economy'... Still attractive despite high prices.: In 1992, British national Tony Cross first set foot in Singapore, a place then known for its glitzy shopping malls, vibrant juke n ...; Global Economic Times Reporter 2025.03.18

Singapore vs. Malta: A Comparative Analysis of Investment Attractiveness in Asia and Europe: Both Singapore and Malta, former British colonies, have emerged as attractive destinations for international investors, sharing co ...; Eugenio Rodolfo Sanabria Reporter 2025.03.18