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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Klick Health Acquires Ward6, Singapore's Largest Independent Life Science Agency, Accelerating Expansion in the Asia-Pacific Market: Klick Health, the world's largest independent healthcare marketing agency, has announced the acquisition of Ward6's Singapore oper ...; Desk 2025.03.18

Paraguay Promotes Labor Exchange Cooperation with Spain... Enhanced Protection of Migrant Workers' Rights with ILO Support: The Paraguayan government has proposed a labor experience and training exchange project with Spain at the 353rd session of the Int ...; KO YONG-CHUL Reporter 2025.03.18

Paraguay Records Trade Surplus of $13.7 Million in February 2025, Driven by Increased Maquila Exports: Paraguay showed positive signs of economic growth by recording a trade surplus of $13.7 million in February 2025. This result was ...; Yim Kwangsoo Correspondent 2025.03.18

Paraguay Unveils New National Brand: Aiming to Become a Hub for Investment in South America: Asunción, Paraguay – Foreign Minister Rubén Ramírez Lezcano today unveiled a new national brand aimed a ...; Graciela Maria Reporter 2025.03.18

Paraguay Unveils New 'National Brand': Aiming to Become a South American Investment Hub: The Paraguayan government has announced a new 'national brand' emphasizing four core values: young population, macroeconomic stabi ...; Ana Fernanda Reporter 2025.03.18

Paraguay Enhances Cultural Tourism and Public Transparency in Collaboration with OEI and CAF: The Paraguayan government has taken a significant step towards national development by strengthening its collaboration with the Or ...; Graciela Maria Reporter 2025.03.18

Bolivia Faces Economic Crisis Due to Fuel Shortages and Rising Prices: Bolivia is grappling with severe economic difficulties due to critical fuel shortages and escalating inflation. According to a sur ...; Desk 2025.03.18

Santander and Atitlan Launch €300 Million Agricultural Investment Fund: Santander (BME:SAN) and Grupo Atitlan have announced the launch of Atgro SCR, a new investment vehicle focused on the agricultural ...; Ana Fernanda Reporter 2025.03.18

Yesan County Stands Firm with Theborn Korea Amidst Growing Scrutiny: Yesan, South Korea – Yesan County has publicly declared its unwavering support for its ongoing partnership with Theborn Kore ...; Yim Kwangsoo Correspondent 2025.03.17

Fashion Brands Lure Customers with Cafes: Offline Stores Transform in the Era of Online Shopping: Fashion brands, struggling to attract customers due to the surge in online shopping, are seeking new avenues by incorporating cafe ...; Min Gyu Mi Reporter 2025.03.17

Jeollanam-do Province Offers Extra Spring Sea Bream for Hometown Love Donation Reviewers: JEONNAM, South Korea – Jeollanam-do Province has launched a special event to promote its Hometown Love Donation System, offe ...; Hee Chan Kim Reporter 2025.03.17

Cheonan City Launches 'Youth Bus Driver Training Program' Recruitment: Cheonan City is once again opening its doors to aspiring young bus drivers with the launch of its 'Youth Bus Driver Training Progr ...; HONG MOON HWA Senior Reporter 2025.03.17

Minor Hotels Expands Bangkok Footprint with New NH Bangkok Asoke Opening in 2025: Bangkok, Thailand – Minor Hotels has announced the grand opening of its latest property, NH Bangkok Asoke, slated for March ...; KO YONG-CHUL Reporter 2025.03.17

London Markets See Modest Gains Driven by Telecom and Mining Sectors: LONDON – The London Stock Exchange closed Thursday with a slight uptick, as the Investing.com United Kingdom 100 index rose ...; Ana Fernanda Reporter 2025.03.17

Paraguay's Financial System Registers 3.7 Million Customers as of December 2024: According to the 'Financial Inclusion Indicators and Data' report by the Central Bank of Paraguay (BCP), the number of registered ...; Hwang Sujin Reporter 2025.03.17

Paraguayan Poultry Association Focuses on Stabilizing Egg Supply for Semana Santa: The Paraguayan Poultry Association (Avipar) has announced its full commitment to ensuring egg production and stabilizing prices fo ...; KO YONG-CHUL Reporter 2025.03.17

Foreign Investment Drives New Ferrosilicon Project in Paraguay: Limpio, Paraguay – A significant foreign investment is set to transform Paraguay's industrial landscape with the launch of a ...; KO YONG-CHUL Reporter 2025.03.17

Uzbekistan and Turkmenistan Forge New Economic Era with Landmark Free Trade Agreement: TASHKENT/ASHGABAT – March 7, 2025 – In a significant stride towards regional economic integration, the free trade agre ...; KO YONG-CHUL Reporter 2025.03.16

Uzbekistan and Pakistan Forge Ahead with Strategic Partnership, Targeting $2 Billion in Trade by 2029: Tashkent, Uzbekistan – In a significant stride towards deepening regional economic integration, Uzbekistan and Pakistan are ...; Yim Kwangsoo Correspondent 2025.03.16

Vietnam Establishes Criteria to Evaluate Foreign Investment Effectiveness: The Vietnamese government's recent publication of criteria to assess the effectiveness of foreign investment in Vietnam will contr ...; Pedro Espinola Special Correspondent 2025.03.16