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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H&M Subsidiary Syre to Invest Up to $1 Billion in Vietnamese Circular Textile Hub: HÀ NỘI — Syre, a subsidiary of global fashion giant H&M, has announced plans to invest between $700 million and $ ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21

Vietnam Stock Market Continues Upward Trend, Surpassing 1,290-Point Mark: HÀ NỘI — The Vietnamese stock market extended its gains on Thursday, with the benchmark VN-Index breaking through the ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21

South Korea Imposes Anti-dumping Duties on Chinese Steel Plates Amidst Trade Tensions: Seoul - In a move to protect its domestic steel industry, South Korea has decided to impose anti-dumping duties on Chinese hot-rol ...; Desk 2025.02.20

Subscription Services Surge in Popularity in South Korea's Food and Beverage Industry: SEOUL – Subscription services are rapidly gaining traction in South Korea's food and beverage industry, with companies offer ...; KO YONG-CHUL Reporter 2025.02.20

11Street Aims for EBITDA Profitability in 2025: SEOUL – 11Street, a South Korean e-commerce platform, has announced its ambitious goal to achieve earnings before interest, ...; Desk 2025.02.20

DDP to Transform into a Leading Cultural Hub by 2027: Seoul, South Korea – The Dongdaemun Design Plaza (DDP), celebrating its 11th anniversary, has unveiled its ambitious "New Pe ...; Hwang Sujin Reporter 2025.02.20

Secret Lockdown Dream Turned Booming Reality: Óbidos' Prohibition Bar Takes Center Stage on UK Television: Óbidos, Portugal – What began as a whimsical idea among friends during the isolating days of the Coronavirus lockdown ...; Graciela Maria Reporter 2025.02.19

Kronos Real Estate Group Appoints First Female Partner in Portugal, Alda Filipe FOR IMMEDIATE RELEASE: Kronos Real Estate Group, a leading player in the Iberian real estate market, has announced the appointment of Alda Filipe to its ...; Graciela Maria Reporter 2025.02.19

Streamlining International Moves: Algarve Removals Offers Seamless Transitions Between the UK, Portugal, Spain, and Dubai: Relocating to a new country can be an exciting adventure, but the logistics involved can quickly become overwhelming. Algarve Remo ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Mombasa Study Links Business Licensing Compliance to Infrastructure and Service Delivery: Mombasa, Kenya – A recent two-week study conducted by The Coast Civil Society Network for Human Rights (CCSNH) has revealed ...; Desk 2025.02.19

Libyan NOC Disputes OPEC's 2024 Oil Production Figures, Citing Inaccurate Data: The National Oil Corporation (NOC) of Libya has publicly challenged the oil production data for 2024 recently released by the Orga ...; Pedro Espinola Special Correspondent 2025.02.19

S&P Report: US Steel Tariffs to Hit South Korean Steelmakers Hard: Seoul – S&P Global Ratings has issued a report warning that the imposition of broad steel tariffs by the United States w ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Intel's Stock Price Soars on Potential Acquisition Deals: Intel's stock price surged by 9% on February 18th, 2025, driven by speculation of potential acquisition deals with major semicondu ...; Eunsil Ju Reporter 2025.02.19

Goldman Sachs Raises Year-End Gold Price Target to $3,100, Citing Strong Central Bank Demand and Policy Uncertainty: Goldman Sachs has revised its year-end gold price forecast to $3,100 per ounce, up from its previous estimate of $3,000. The inves ...; Sharon Yoon Correspondent 2025.02.19

EU Denies Lowering Car Tariffs Amidst Trade Tensions with the US: Brussels, Belgium – The European Union (EU) has refuted claims made by US President Donald Trump that it has already lowered ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Vietnam's Shrimp Exports Surge in Early 2025, Despite Global Market Volatility: HANOI – Vietnam's shrimp export sector has demonstrated robust growth in the first month of 2025, reinforcing its vital role ...; Yim Kwangsoo Correspondent 2025.02.18

Vietnam Boosts Public Investment to Drive Socio-Economic Growth: Hanoi – Vietnam is prioritizing public investment as a key driver of socio-economic development, with a substantial budget o ...; Desk 2025.02.18

Aswan International Painting Symposium Fosters Global Artistic Dialogue: Aswan, Egypt – The Aswan International Painting Symposium has commenced, showcasing the diverse talents of 26 world-renowned ...; Graciela Maria Reporter 2025.02.18

Emaar Invests $3 Billion in New Cairo Project, Calls for Expansion of Egypt's Hospitality Sector: Dubai, UAE – Emaar Properties, the UAE's largest real estate developer, is investing over $3 billion in a new 500-acre devel ...; Ana Fernanda Reporter 2025.02.18

Kia Unveils Striking Design of its First Electric Sedan, the EV4: Kia has revealed the exterior design of its highly anticipated EV4, the brand's first electric sedan. Following the successful lau ...; Global Economic Times Reporter 2025.02.18