Global Economic Times

2025.10.22 (Wed)
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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

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Singapore Exchange (SGX) to Launch Bitcoin Perpetual Futures for Institutional Investors: Singapore Exchange (SGX) is set to enter the cryptocurrency derivatives market with the launch of Bitcoin perpetual futures, targe ...; ONLINE TEAM 2025.03.11

Cygnet Gin, Co-Founded by Katherine Jenkins OBE, Makes Grand Asian Debut in Singapore: Singapore – Cygnet Gin, a premium Welsh gin brand co-founded by classical music diva Katherine Jenkins OBE, has announced it ...; KO YONG-CHUL Reporter 2025.03.11

Holland & Barrett Exits Singapore After 15 Years Amidst Fierce Market Competition: Singapore – In a surprising move, U.K. health and wellness giant Holland & Barrett has ceased its operations in Singapor ...; Eugenio Rodolfo Sanabria Reporter 2025.03.11

Hex Trust Gains Regulatory Milestone with Singapore MPI License: Singapore – Hex Trust, a leading digital asset custodian and infrastructure provider, has announced it has been granted a Ma ...; Eugenio Rodolfo Sanabria Reporter 2025.03.11

Singapore Bank Strengthens Investment Solutions in Greater China Market by Appointing Joey Tang as Head of Investment Solutions in Hong Kong: Singapore Bank announced the immediate appointment of Joey Tang (鄧祖禹) as the Head of Investment Solutions in Hong Kong to strength ...; Ana Fernanda Reporter 2025.03.11

HSBC Singapore Launches Exclusive Entertainment Platform for Premier Mastercard Holders: Singapore – HSBC Singapore has launched a new, exclusive entertainment and lifestyle platform for its Premier Mastercard cus ...; LEE YEON SIL Reporter 2025.03.11

Visa Launches "Tap-to-Add Card" in Egypt, Revolutionizing Digital Wallet Enrollment: Cairo, Egypt – Visa, a global leader in digital payments, has introduced its innovative "Tap-to-Add Card" feature to the Egy ...; Ana Fernanda Reporter 2025.03.10

KOTRA President Kang Kyung-seong Strengthens Economic Ties with Czech Republic Amid Nuclear Power Negotiations: Prague, Czech Republic – Kang Kyung-seong, President of the Korea Trade-Investment Promotion Agency (KOTRA), concluded a piv ...; KO YONG-CHUL Reporter 2025.03.10

Croatian Fish Markets See Price Surge, But Friday Tradition Endures: Zagreb, Croatia – Since Croatia's adoption of the Euro on January 1, 2023, consumers have witnessed a significant rise in th ...; Global Economic Times Reporter 2025.03.10

Croatia Revives Ancient Tactic: Price Controls Amid Inflation Surge: Split, Croatia – In a move echoing the Roman Emperor Diocletian's failed attempt to curb inflation, the Croatian government ...; Pedro Espinola Special Correspondent 2025.03.10

Bitcoin Takes a Dive Amid Escalating US-China Trade Tensions: New York, NY – Bitcoin, the flagship cryptocurrency, has plummeted in value, triggered by mounting anxieties over a potentia ...; Hannah Yeh Reporter 2025.03.10

Kia Launches Its First Electric Sedan, the EV4, with Competitive Pricing and Advanced Features: Seoul, South Korea – Kia has officially unveiled its highly anticipated first electric sedan, the EV4, and announced that co ...; KO YONG-CHUL Reporter 2025.03.10

Wadiz Sees Surge in Self-Improvement and Hobby Funding in Early 2025: Wadiz, a crowdfunding platform, announced on March 10th that funding for self-improvement and hobby projects increased by 49% in J ...; ONLINE TEAM 2025.03.10

Samsung Electronics Reigns Supreme in Global Soundbar Market for 11th Year Running: Seoul, South Korea – Samsung Electronics has once again solidified its dominance in the global soundbar market, achieving th ...; KO YONG-CHUL Reporter 2025.03.10

Air Belgium Cargo Business Acquisition Collapses After Court Reversal: BRUSSELS, Belgium – Plans by UK-based Air One International Holdings and Dutch firm Peso Aviation Management to acquire the ...; Ana Fernanda Reporter 2025.03.09

EOG Resources Expands Global Footprint with Bahrain Gas Exploration Venture: Houston, Texas and Manama, Bahrain – EOG Resources Inc., a leading U.S.-based oil and gas exploration and production company ...; Graciela Maria Reporter 2025.03.09

Afghanistan's Dried Fruit Exports to China Reach $5 Million Amid Broader Trade Shifts: KANDAHAR, Afghanistan – Afghanistan's dried fruit exports to China have reached a value of $5 million over the past year, ac ...; Graciela Maria Reporter 2025.03.09

Costa Rica Legalizes Remote Work from Abroad with New Regulations: San Jose, Costa Rica – The Costa Rican Legislative Assembly has given its final approval to a landmark reform that formally ...; Eugenio Rodolfo Sanabria Reporter 2025.03.09

Peru's Business Confidence Surges, Signaling Strong Economic Outlook: Lima, Peru – Peru's economic landscape is showing strong signs of positive momentum, as business expectations soared in Febr ...; Yim Kwangsoo Correspondent 2025.03.09

Don Toyo: Paraguay's Mega-Barge Eyes Buenos Aires Amidst Montevideo Port Delays: Asunción, Paraguay – The "Don Toyo," the largest container barge ever constructed for the Paraguay-Paraná wate ...; Graciela Maria Reporter 2025.03.09