Hyundai and Kia Lead the Charge: Four Wins in U.S. Eco-Friendly Car AwardsHyundai wins three awards, Kia one awardRecognized for their brand’s eco-friendly vehicle technology Hyundai Motor and Kia have been recognized for their eco-friendly vehicle technology in the United States. It won four of the 10 categories divided by vehicle model type. On the 22nd (local time), the American newsweekly U.S. News & World Report announced […]
A 'Kneaded' Revolution: Paris Baguette's Rapid Expansion in North AmericaTo secure 150 new franchise contracts with 100 new locations this year, targeting Puerto Rico and Mexico after the United States and Canada. Paris Baguette has been thriving since the start of this year after securing nearly 30 new franchise agreements in North America in the first quarter. This brings the company closer to its […]
Kia Challenges Ford and Toyota with New Tasman Pickup TruckKia’s first-ever pickup truck, the Tasman, has been spotted in North America following sightings in Australia. It appears to be undergoing final performance checks before its global debut next year. According to overseas test car reviewer KindelAuto, on the 23rd, Kia recently conducted a road test of the Tasman in North America. The test was […]
South Korea Faces Import Uncertainty Amid US-UK Sanctions on RussiaSouth Korea had aluminum imports from Russia, reaching 39,100 tons in March.Marking a 45% increase in MoM, the highest level since June 2012.Anticipated to face the impact of sanctions by the US and UK,Companies such as Namsun Aluminum are in discussions. South Korea’s imports of Russian aluminum have hit a 12-year high. However, recent sanctions […]
How China's Millennials Are Driving the Luxury Market BoomChina’s luxury market is predicted to become the largest in the world. The shift in consumer trends, primarily among China’s younger population, is the main factor behind this growth. According to a report titled Inland China and Hong Kong Luxury Market released by the global consulting firm PwC China on the 21st, the Chinese luxury […]
Copper Prices Soar as China's Largest Mining Group Suspends ProductionProduction suspended at the COMMUS copper mine in CongoThe possibility of high levels of radiation in cobalt raises concernsCopper prices are at their highest in a year and are expected to face increased upward pressure Zijin Mining Group, China’s top gold-producing company, has halted production at its copper mine in the Democratic Republic of the […]
K-Chicken: The New Food Trend Sweeping the U.S.Differentiation in sauce and seasoning attracts locals.Local brands are jumping on the trend of K-chicken menus. K-Chicken has captured the taste buds of Americans. Bonchon Chicken, BBQ, BHC, Pelicana, and Kyochon Chicken have been selected as America’s best Korean-style chicken brands. With the recent global Hallyu craze, the popularity of K-Food is on the rise, […]
Hydrogen Car Sales in the U.S. Plunge in Q1The U.S. hydrogen car market drastically shrank last quarter. Toyota’s Mirai saw a 74% decrease compared to the previous year, and Hyundai’s Nexo also decreased by 22%. The limitations of the hydrogen car market are becoming evident due to the rising cost of hydrogen fuel and the lack of hydrogen charging infrastructure. According to data […]
US Law Targets Chinese Communist Party for Child Labor in Cobalt MiningA bill has been proposed in the U.S. Congress to ban the import of cobalt from the Democratic Republic of the Congo (DRC). This is due to allegations that the Chinese Communist Party, which owns 90% of the DRC’s cobalt mines, is exploiting child labor and forced labor. According to industry sources, on the 18th, […]
Hyundai's Next-Gen Electric Atlas Robot Takes Over FactoriesRetired Hydraulic Robots Replaced by Next-Generation Electric RobotsUndergoing Testing at the Hyundai Plant Boston Dynamics, a subsidiary of the Hyundai Motor Group, has unveiled its electric Atlas robot. This new version offers more fluid movement than its recently retired hydraulic predecessor. In collaboration with Hyundai, they plan to test and commercialize the robot. Boston Dynamics […]
Michael Saylor Drops Mysterious Bitcoin Message: What's the Hidden Meaning?[TheGuru=Hong Sung-Il] Michael Saylor, the chairman of MicroStrategy, who has consistently maintained a positive stance on bitcoin, has caught my eye with a meaningful message about bitcoin. "You can't say you don't see what you don't see," he wrote on X (formerly Twitter) on Friday (local time). The chairman is a prominent Bitcoin advocate and has been a consistent investor. Michael Saylor has been a prominent proponent of bitcoin and has continued to invest in the currency. In response, MicroStrategy raised $500 million (about $69.5 billion) in a convertible bond offering on March 13 (local time) to further invest in Bitcoin. As one of the most prominent Bitcoin bulls, Michael Saylor's message has been interpreted in a variety of ways by the Bitcoin community. Michael Saylor has a history of making statements and then not responding to questions about them. His comments have also focused attention on the Bitcoin halving, which is expected to happen this week. Michael Sailer has previously claimed that the halving will increase the price of Bitcoin. Halving is an event that occurs every four years or so where Bitcoin mining rewards are halved, halving the amount of Bitcoin available to the market. Michael Saylor theorizes that this will create buying pressure on spot Bitcoin ETFs, which will drive the price up. Meanwhile, BitcoinSense, which is counting the halving of Bitcoin, predicts that there are about 2 days and 10 hours of average mining time left until the 2024 halving...
Russia's Crypto Regulation Bill Set for August Passage Amid US SanctionsThe bill is expected to pass in August Russian authorities are preparing to reintroduce a bill to regulate cryptocurrency mining that failed to be adopted in 2022. Due to U.S. sanctions, Russian authorities are paying attention to cryptocurrencies, which have a strong point in cross-border transactions. According to the industry, on the 15th, the Russian […]
Bitcoin ETFs: New Gold Rush for Financial InstitutionsMajor institutional investors disclose 13F filings, including Park Avenue SecuritiesPositive outlook amid Bitcoin halving Global financial companies were confirmed to have made large purchases of Bitcoin spot ETFs in the first quarter of this year. Analysis suggests growing confidence in Bitcoin’s investment value. According to the 13F (Form 13) submitted to the U.S. Securities and […]
Future of Car Customization: Tesla Cybertruck Leads the WayPredictions have emerged that Tesla’s large electric truck model, the Cybertruck, will contribute to revitalizing the car tuning market. Its simple design can be modified in various ways, leading to the expectation that the roads will soon be filled with uniquely customized Cybertrucks. According to industry sources on the 13th, the equipment utilized for Tesla […]
Thailand's Shocking Move to Criminalize MarijuanaThai Prime Minister to review restrictions on marijuana for medical purposes The Thai government is expected to tighten regulations on recreational use of marijuana. According to the Korea Institute for International Economic Policy on the 10th, Thai Prime Minister Srettha Thavisin recently suggested in a media interview a shift toward restricting the use of marijuana […]
Citadel CEO Ken Griffin Bets Big on Amazon's AI FutureCitadel LLC CEO Ken Griffin has increased his stake in Amazon.com, Inc. This decision is based on Amazon’s growing prominence as a leader in AI (Artificial Intelligence) within the cloud and e-commerce platforms. According to industry sources on the 10th, Griffin’s Citadel hedge fund has more than tripled its investment in Amazon.com, Inc. Citadel’s top […]
Ukraine's Answer to Russia: A Million DronesPlans to produce 1 million drones that can fly over 700-1000 km Amidst conflict with Russia, Ukraine is set to significantly increase its production of Unmanned Aerial Vehicles (UAVs), also known as drones. Despite having less military power compared to Russia, Ukraine plans to use drones as a primary tool for its offensive strategy. Drones […]
China Surges Ahead as Saudi Arabia's Top Greenfield InvestorChina emerges as the largest greenfield investor China emerged as Saudi Arabia’s largest greenfield investment country last year. This signifies a deepening relationship between the two nations. According to the Institute for International Economic Policy, on the 10th, China invested $16.8 billion in Saudi Arabia last year, securing its position as a major greenfield foreign […]
Kia's EV9 Selected as 'Best New Car of 2024' by Auto TraderAnother win after Women’s World Car of the Year (WWCOTY) and World Car of the Year Kia’s flagship large electric Sports Utility Vehicle (SUV), the EV9, has once again been recognized for its value in the United States. Following its win last month as the World Car of the Year at the World Cars Awards […]
AI-Generated Content Sparks Debate in Chinese Video IndustryRecently, there has been a lively discussion about Artificial Intelligence Generated Content (AIGC) in the Chinese video content industry. Additionally, efforts to introduce AI technology on various platforms are accelerating. According to industry sources, on the 7th, the combination of AI and video content emerged as a hot topic at the 11th China Audio & […]
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