Chinese Electric Car Giant BYD Eyes Korean Market as Gateway to U.S. and EuropeSurprisingly, the Chinese electric car company BYD has targeted the Korean market. Considering that the market size is not large and that Hyundai and Kia’s market share exceeds 90%, this is unexpected, especially given the declining consumer preference for Chinese cars. The industry believes BYD’s strategy is to use Korea as a stepping stone for […]
Trump and Biden Are Locked Into the General Election, Securing Celebrity Influence and Funds Are a Must[Photo=Reuters·Yonhap News] The upcoming U.S. election seems to be largely influenced by celebrity endorsements and fundraising. With undecided voters playing a crucial role in determining the outcome, the support of celebrities has become essential. As the competition intensifies early on, it’s also important to consider long-term planning as a variable. Trump’s “numerous celebrities support” bluff, […]
Prices and Interest Rates Run in Reverse Amidst the Return of the 'MAGA' Slogan[Photo=Reuters-Yonhap News] The volume of the MAGA (Make America Great Again) slogan that once drove the Korean economy into a corner is increasing again as former President Donald Trump is confirmed as the Republican candidate for the U.S. election. The return of Trumpism, symbolized by nationalism and protectionism, is the utmost blow to the Korean […]
South Korea Deploys 'Spike' Missiles to Target North Korean Coastal ArtillerySince North Korea bombarded Yeonpyeong Island in 2010, the military authorities have introduced a weapon system to strike North Korea’s coastal artillery precisely. That weapon is the Israeli-made “Spike” missile, deployed since mid-2013. The North Korean coastal artillery bases hidden in the coastal trenches near the Yellow Sea are challenging to strike accurately with the […]
Elon Musk: 'I Am Not Donating Money to Either Candidate for US President'Tesla’s CEO Elon Musk, known to have recently met with former President Donald Trump, a U.S. presidential candidate, has drawn a line on the possibility of supporting election funds. On the 6th (local time), Musk said through social media X (formerly Twitter), “Just to be super clear, I am not donating money to either candidate […]
South Korea Expresses Concern Over South China Sea CollisionLim, the spokesperson for the Ministry of Foreign Affairs, is seen giving a regular briefing at the Ministry of Foreign Affairs in Jongno District, Seoul, on the afternoon of January 16./Yonhap News South Korea’s Ministry of Foreign Affairs expressed concern over the heightened tension following a collision between Chinese and Philippine vessels in the South […]
Donald Trump and Joe Biden Both 'Unfavorable'[Photo= Yonhap News·AFP] This year’s US presidential election solidified as a match between President Joe Biden and former President Donald Trump, is expected to be a historically “unlikeable election”. There are also predictions that a third-party figure could play a casting voter role in deciding the fate of the presidential election. In a poll conducted […]
TikTok Faces Deadline as U.S. Congress Votes to Limit Chinese InfluenceThe United States is escalating efforts to eliminate TikTok. On the 7th (local time), the U.S. House Committee on Energy and Commerce unanimously passed a 50 to 0 bill to exclude TikTok from the U.S. app store if ByteDance, the Chinese parent company, does not sell it. More than 20 people attended this bill bipartisanally, […]
Putin: 'Childbirth is Part of a Woman's Destiny'Russian President Vladimir Putin has stated that “childbirth” is inherently part of a woman’s destiny. According to Yonhap News, on the 7th (local time), the Russian news agency, TASS, reported that President Putin said “A woman’s destiny is to carry on the family lineage, which is a unique gift of nature,” in a speech at […]
North Korea's Kim Jong Un Orders Intensified Military Training Amid Rising TensionsKim Jong Un visited a military training ground and emphasized the need for practical training and war preparedness. According to the North Korean Central News Agency report on the 7th, Chairman Kim visited a key operation training base in the western district of the North Korean military on the 6th and oversaw the training. /Yonhap […]
U.S. on Alert: North Korea's Military Tensions Rise Amid Stronger China-Russia BondThe U.S. Congressional Research Service (CRS) has analyzed that North Korea, which has grown closer to China and Russia, has an increased likelihood of military provocation against South Korea. The U.S. Congressional Research Service, through the Indo-Pacific Command report, has assessed that North Korea, which has grown closer to China and Russia, has an increased […]
Biden Orders U.S. Military to Construct a Port During the State of the Union AddressU.S. President Joe Biden./Reuters Yonhap News U.S. President Joe Biden announced plans to construct a temporary port capable of delivering large-scale relief supplies to the Gaza Strip within a few weeks, during the State of the Union Address on the 7th (local time). Approximately 2.3 million Palestinian refugees in the Gaza Strip are suffering from […]
Biden's State of the Union Address, 'Americans Are Writing the Greatest Comeback Story Never Told'Aiming at Trump, “I don’t do anger, revenge, or retaliation”Intends to Restore Abortion Ruling U.S. President Joe Biden mentioned a “great comeback” and indirectly criticized his election competitor, former President Donald Trump, in his State of the Union Address on the 7th (local time). He also emphasized the need for new policies, including the safeguarding […]
Hyundai, BMW, Kia, and Stellantis Recall 6.9 Million Vehicles: What You Need to KnowDue to manufacturing defects, Hyundai, BMW, Kia, and Stellantis Korea are voluntarily recalling over 60,000 vehicles. The Ministry of Land, Infrastructure, and Transport announced on the 7th that 43 models of 69,044 vehicles manufactured, imported, or sold by these companies have been found to have manufacturing defects and will be recalled. Firstly, 22,803 units of […]
Air Force's 11th Fighter Wing Conducts High-Stakes Drill Against North Korean ThreatThe Air Force announced on the 6th that it had conducted the 2nd PISU training at the 11th Fighter Wing. The PISU training is an air training planned independently by the 11th Fighter Wing and was first conducted last month. It was named after the English expression Punish Immediately, Strongly, Until the End. The training […]
Investors Eye South Korea's Booming Semiconductor and Automotive SectorsForeign investors, who have profited from the rally in advanced technology centered around artificial intelligence (AI) in the US and Japanese stock markets, are now investing in the Korean stock market. This is because it has an ecosystem of global semiconductor, automotive companies, equipment, and components with a strong AI backward effect. Coincidentally, Asian funds […]
Poll Results Show Only 7 Out of 10 Koreans Will Vote in Upcoming Election[Photo= Yonhap News] The upcoming general election on April 10th reflects a theme, judgment on the regime. Even though The People Power Party is ahead of the Democratic Party in party support, numerous voters feel the need to judge the Yoon Suk Yeol government in this general election. Also, about 7 out of 10 Koreans […]
Kim Jong Un Responds to US-South Korea Freedom Shield Drills(Photo=Rodong Sinmun/News1) According to Rodong Sinmun on the 7th of the month, North Korean Secretary Kim Jong Un inspected a major operations training base in the western district. The newspaper reported, “Secretary Kim Jong Un visited the People’s Army’s fundamental operations training base in the western district on the 6th of the month, toured the training facilities, […]
China's Call for 'National Team' to Lead Self-Reliant AI Tech PushIn China, there is a call for a national effort to achieve technological independence in line with the growth of the artificial intelligence (AI) industry. With the annual Lianghui (Chinese People’s Political Consultative Conference and National People’s Congress) approaching, discussions on fostering the AI industry are expected to intensify amidst concerns that AI technology development […]
South Korea and India Forge Stronger Ties: Foreign Ministers Meet After Six-Year HiatusForeign Minister Cho Tae Yul is having a commemorative photograph with Indian Foreign Minister Subrahmanyam Jaishankar before the meeting at the Ministry of Foreign Affairs in Jongno-gu, Seoul on the 6th./Yonhap News The South Korean and Indian Foreign Ministers met in Seoul for the first time in six years, emphasizing the importance of bilateral cooperation. According to the […]
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