Global Economic Times

2025.10.25 (Sat)
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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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South Korean Investors Flee Domestic Market Amidst Political Turmoil and Economic Concerns: Seoul, South Korea – Individual investors in South Korea are rapidly withdrawing their funds from the domestic stock market, ...; ONLINE TEAM 2024.12.19

South Korea Faces Risk of Long-Term Economic Stagnation, Warns BOK: Seoul, South Korea – The Bank of Korea (BOK) has issued a stark warning about the potential for South Korea to enter a prolo ...; Hwang Sujin Reporter 2024.12.19

Chipflation Hits Low-Income Households Hardest in South Korea: Seoul, South Korea – A new study by the Bank of Korea (BOK) has revealed that South Korea, like many other countries, has be ...; JEONG CHAN MYEONG Senior Reporter 2024.12.19

Seoul’s Robot Revolution: Autonomous Delivery Bots Hit the Streets: Robotis, a leading robotics company based in Magok-dong, Gangseo-gu, Seoul, is revolutionizing local deliveries with its autonomou ...; Hwang Sujin Reporter 2024.12.19

South Korea to Ramp Up US LNG Imports Amid Trade Tensions: Seoul, South Korea – Korea Gas Corporation (KOGAS) announced plans on [Date] to significantly increase its imports of liquef ...; Hannah Yeh Reporter 2024.12.19

Doosan Enerbility to Supply Key Components for TerraPower's First SMR Project: Seoul, South Korea – Doosan Enerbility, a leading South Korean engineering and construction company, has secured a contract ...; Desk 2024.12.19

German Insolvencies Surge, Warning of Record Highs in 2025: Berlin - German businesses are facing a mounting wave of insolvencies, with Creditreform reporting a nearly 25% increase this year ...; Graciela Maria Reporter 2024.12.18

Fortune-Telling Keychains: The Latest Trend Among South Korea's Youth: Seoul, South Korea – A unique trend has emerged among South Korea's younger generation, combining ancient divination practic ...; Desk 2024.12.18

Convenience Stores Join the Affordable Beauty Race: Seoul, South Korea – Convenience stores are diving into the affordable beauty market, offering a new challenge to the domina ...; Hwang Sujin Reporter 2024.12.18

Broadcom Emerges as a Fierce Rival to Nvidia in the AI Chip Market: New York, NY – Broadcom, the US-based semiconductor giant, has emerged as a formidable competitor to Nvidia, the current mar ...; Hannah Yeh Reporter 2024.12.18

London's Stock Exchange Faces Exodus Amidst Worst Post-Crisis Period: London's stock market is experiencing its worst period since the global financial crisis. The number of companies delisting or mov ...; Graciela Maria Reporter 2024.12.17

Hyundai AutoEver Expands into Southeast Asia with High-Quality Mapping Joint Venture: SEOUL, South Korea – Hyundai AutoEver, a subsidiary of Hyundai Motor Group, announced today that it has formed a joint ventu ...; JEONG CHAN MYEONG Senior Reporter 2024.12.17

Department Stores Gear Up for Lunar New Year Gift Sets: Seoul, South Korea – Major department stores in South Korea are set to kick off pre-orders for Lunar New Year gift sets this ...; Desk 2024.12.17

Schroders Weighs Sale of Indonesian Business Amid Strategic Review: London/Jakarta, [Date] – Schroders, the UK-based global investment manager, is considering the sale of its Indonesian busine ...; JEONG CHAN MYEONG Senior Reporter 2024.12.16

Daejeon Seo-gu Offers Public Sector Job Shadowing Program for Youth: Daejeon, South Korea – Daejeon Seo-gu district has announced a new job shadowing program designed to provide young adults wi ...; HONG MOON HWA Senior Reporter 2024.12.16

Cheonan Embraces Rice Flour Bread with Citywide Discount Event: Cheonan, South Korea – In a bid to boost local rice consumption and support the city's thriving bakery industry, Cheonan Cit ...; HONG MOON HWA Senior Reporter 2024.12.16

Hyundai Construction Tops in Customer Management Focus Among Major Korean Builders: Seoul, South Korea – [Date] – Hyundai Construction has emerged as the leading Korean construction company in terms of ...; Desk 2024.12.16

Korean Air Soars Above Competition in Online Sentiment: Seoul, South Korea – Korean Air has maintained its position as the most talked-about airline in South Korea, according to a ...; Desk 2024.12.16

Shinhan Bank Leads in ESG Engagement as Public Interest Wanes Slightly: Seoul, South Korea – A recent study by Data & Research has revealed that Shinhan Bank is leading the pack in terms of pu ...; Desk 2024.12.16

Mortgage Rates Surge to 15-Year High in Taiwan: Taipei, Taiwan – Mortgage interest rates in Taiwan surged to a 15-year high of 2.23% in the last quarter, despite a decline ...; Ana Fernanda Reporter 2024.12.15