War in Ukraine Halts Samsung and LG's Business, Chinese Companies Sweep In With no promising lease candidates appearing, the local businesses halted due to the impact of the Russia-Ukraine conflict.
Hyundai Revs Up U.S. Production with IONIQ 5 at New Georgia Plant Hyundai Motor has decided to produce the Ioniq 5 as the first vehicle at its new plant in Georgia, USA, named HMGMA.
Fisker's Bankruptcy Shocks Electric Vehicle Industry Fisker has filed for bankruptcy protection. Amid a slowdown in the unexpected surge in demand for electric cars and the sluggish growth.
Shocking Germ Levels Found in Imported Disposable Swabs and Straws Disposable cotton swabs sold on Chinese e-commerce platforms were found to have bacterial levels approximately 37 times the domestic standard. Similarly, disposable straws exceeded the domestic standard for total extractable matter (4% acetic acid). On the 19th, Seoul City announced that it had conducted safety tests on 95 hygiene products directly purchased from Chinese e-commerce […]
Apple Set to Launch M4 MacBook Pro in Q4 2024, Analysts Confirm Ross Young reported that "panel shipments for new 14-inch and 16-inch MacBook Pro models are set to begin in the third quarter of 2024."
Snap to Offer Full-Body AR Experiences with New Tech Innovations Snapchat to create more realistic special effects when taking shots with a phone camera, helping it stay ahead of social media competitors.
France’s Financial Future May Be at Risk - Here’s Why The Central Bank of France has urged action to prevent the deepening of France’s fiscal deficit. François Villeroy de Galhau, the governor of the Bank of France, urged on June 18 to avoid worsening fiscal deficits as investors worry about France’s fiscal outlook after the sale of French assets. Before France is expected to be […]
How Nvidia Became the Leader of the AI Era On June 18, Nvidia, a leading Artificial Intelligence (AI) stock, overtook both Microsoft Corporation (MS) and Apple to become the world’s largest company by market capitalization. Analysts interpret this as a signal that the AI era has officially arrived, as Nvidia has now overtaken Apple, which opened the smartphone era, Google, and MS, a leader in […]
Not on the Menu: Paper Mishap at Major Burger Joint On the 19th, Yonhap News reported that an office worker in Seoul encountered an issue while having lunch at a nearby McDonald’s on the 15th. He noticed something unusual in his food, which turned out to be the wax paper used to store patties. After this incident, the office worker researched similar past occurrences and […]
Georgia Governor Promises Fast-Track Support for Hyundai's New U.S. Plant Top executives of Hyundai Motor Group’s key affiliates explored ways to strengthen cooperation with Governor Brian Kemp of Georgia, who visited South Korea. Amidst Hyundai Motor Group’s large-scale investments such as building a new electric vehicle (EV) factory, Metaplant America (HMGMA) in Georgia, the state showed its willingness to expand investment support including early operation. […]
Supply Chain Alert: China Temporarily Suspends Urea Exports China has halted exports of urea once again after two months due to domestic fertilizer supply issues. However, as South Korea diversifies its urea import, the domestic impact is expected to be limited. On June 18, The Ministry of Strategy and Finance announced, “On the 7th, the government became aware that the export clearance of […]
AMD Under Cyber Attack: Sensitive Data Potentially Exposed AMD announced on the 18th that it was investigating claims that a cybercriminal organization stole the company's data through hacking.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech? On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
Steve Cohen Not ‘Betting’ on AI—He’s Investing $1 Billion! Steve Cohen is set to launch an artificial intelligence investment fund influenced by the rally of AI-related stocks such as NVIDIA.
How India's Stock Market Topped $5 Trillion The Indian stock market's capitalization has broken through $5 trillion for the first time. It ranks fifth globally in scale, following...
Wall Street Bulls See No Ceiling for S&P 500 Wall Street institutional investors are increasingly optimistic about the stock market. Evercore ISI expects the Standard & Poor’s (S&P) 500 index to reach 6000 by the end of this year. They also forecast it will reach 7000 by the end of next year. Goldman Sachs also expects it to hit 5700 by the end of […]
Lawsuit Against NVIDIA CEO Sent to the Supreme Court The U.S. Supreme Court has decided to hear a lawsuit appealed by NVIDIA this October. NVIDIA, a major beneficiary of the artificial intelligence (AI) boom, appealed a class-action lawsuit brought by shareholders. On the 17, CNBC reported that the U.S. Supreme Court has accepted NVIDIA’s appeal against a class-action lawsuit filed by shareholders against NVIDIA’s […]
Why the Federal Reserve Won't Cut Rates Until the End of the Year After maintaining the highest benchmark interest rate (5.25-5.5%) in 23 years for seven consecutive times, the Federal Reserve System (Fed) suggests that people may have to wait until the end of 2024 for lower interest rates. President of the Federal Reserve Bank of Minneapolis Neel Kashkari mentioned the timing of the interest rate cut during […]
Will AI Lead the Future or Become Humanity's Downfall? Generative artificial intelligence, such as ChatGPT, holds tremendous potential. However, it could exacerbate labor disruptions and inequality if not properly managed. Experts emphasize that governments worldwide must put forth more effort to protect workers. According to the Financial Times, the International Monetary Fund (IMF) issued a report on the 17th warning that AI could also […]
Tesla's Future Brightens in China with New FSD Testing Approval Tesla’s stocks saw a rise of over 5% following news that the company received approval to test its Full Self-Driving (FSD) system in Shanghai, China. Tesla’s shares closed at $187.44, a 5.3% increase from the previous trading day on the 17th (local time) at the New York Stock Exchange. The surge is attributed to the […]
War in Ukraine Halts Samsung and LG's Business, Chinese Companies Sweep In With no promising lease candidates appearing, the local businesses halted due to the impact of the Russia-Ukraine conflict.
Hyundai Revs Up U.S. Production with IONIQ 5 at New Georgia Plant Hyundai Motor has decided to produce the Ioniq 5 as the first vehicle at its new plant in Georgia, USA, named HMGMA.
Fisker's Bankruptcy Shocks Electric Vehicle Industry Fisker has filed for bankruptcy protection. Amid a slowdown in the unexpected surge in demand for electric cars and the sluggish growth.
Shocking Germ Levels Found in Imported Disposable Swabs and Straws Disposable cotton swabs sold on Chinese e-commerce platforms were found to have bacterial levels approximately 37 times the domestic standard. Similarly, disposable straws exceeded the domestic standard for total extractable matter (4% acetic acid). On the 19th, Seoul City announced that it had conducted safety tests on 95 hygiene products directly purchased from Chinese e-commerce […]
Apple Set to Launch M4 MacBook Pro in Q4 2024, Analysts Confirm Ross Young reported that "panel shipments for new 14-inch and 16-inch MacBook Pro models are set to begin in the third quarter of 2024."
Snap to Offer Full-Body AR Experiences with New Tech Innovations Snapchat to create more realistic special effects when taking shots with a phone camera, helping it stay ahead of social media competitors.
France’s Financial Future May Be at Risk - Here’s Why The Central Bank of France has urged action to prevent the deepening of France’s fiscal deficit. François Villeroy de Galhau, the governor of the Bank of France, urged on June 18 to avoid worsening fiscal deficits as investors worry about France’s fiscal outlook after the sale of French assets. Before France is expected to be […]
How Nvidia Became the Leader of the AI Era On June 18, Nvidia, a leading Artificial Intelligence (AI) stock, overtook both Microsoft Corporation (MS) and Apple to become the world’s largest company by market capitalization. Analysts interpret this as a signal that the AI era has officially arrived, as Nvidia has now overtaken Apple, which opened the smartphone era, Google, and MS, a leader in […]
Not on the Menu: Paper Mishap at Major Burger Joint On the 19th, Yonhap News reported that an office worker in Seoul encountered an issue while having lunch at a nearby McDonald’s on the 15th. He noticed something unusual in his food, which turned out to be the wax paper used to store patties. After this incident, the office worker researched similar past occurrences and […]
Georgia Governor Promises Fast-Track Support for Hyundai's New U.S. Plant Top executives of Hyundai Motor Group’s key affiliates explored ways to strengthen cooperation with Governor Brian Kemp of Georgia, who visited South Korea. Amidst Hyundai Motor Group’s large-scale investments such as building a new electric vehicle (EV) factory, Metaplant America (HMGMA) in Georgia, the state showed its willingness to expand investment support including early operation. […]
Supply Chain Alert: China Temporarily Suspends Urea Exports China has halted exports of urea once again after two months due to domestic fertilizer supply issues. However, as South Korea diversifies its urea import, the domestic impact is expected to be limited. On June 18, The Ministry of Strategy and Finance announced, “On the 7th, the government became aware that the export clearance of […]
AMD Under Cyber Attack: Sensitive Data Potentially Exposed AMD announced on the 18th that it was investigating claims that a cybercriminal organization stole the company's data through hacking.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech? On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
Steve Cohen Not ‘Betting’ on AI—He’s Investing $1 Billion! Steve Cohen is set to launch an artificial intelligence investment fund influenced by the rally of AI-related stocks such as NVIDIA.
How India's Stock Market Topped $5 Trillion The Indian stock market's capitalization has broken through $5 trillion for the first time. It ranks fifth globally in scale, following...
Wall Street Bulls See No Ceiling for S&P 500 Wall Street institutional investors are increasingly optimistic about the stock market. Evercore ISI expects the Standard & Poor’s (S&P) 500 index to reach 6000 by the end of this year. They also forecast it will reach 7000 by the end of next year. Goldman Sachs also expects it to hit 5700 by the end of […]
Lawsuit Against NVIDIA CEO Sent to the Supreme Court The U.S. Supreme Court has decided to hear a lawsuit appealed by NVIDIA this October. NVIDIA, a major beneficiary of the artificial intelligence (AI) boom, appealed a class-action lawsuit brought by shareholders. On the 17, CNBC reported that the U.S. Supreme Court has accepted NVIDIA’s appeal against a class-action lawsuit filed by shareholders against NVIDIA’s […]
Why the Federal Reserve Won't Cut Rates Until the End of the Year After maintaining the highest benchmark interest rate (5.25-5.5%) in 23 years for seven consecutive times, the Federal Reserve System (Fed) suggests that people may have to wait until the end of 2024 for lower interest rates. President of the Federal Reserve Bank of Minneapolis Neel Kashkari mentioned the timing of the interest rate cut during […]
Will AI Lead the Future or Become Humanity's Downfall? Generative artificial intelligence, such as ChatGPT, holds tremendous potential. However, it could exacerbate labor disruptions and inequality if not properly managed. Experts emphasize that governments worldwide must put forth more effort to protect workers. According to the Financial Times, the International Monetary Fund (IMF) issued a report on the 17th warning that AI could also […]
Tesla's Future Brightens in China with New FSD Testing Approval Tesla’s stocks saw a rise of over 5% following news that the company received approval to test its Full Self-Driving (FSD) system in Shanghai, China. Tesla’s shares closed at $187.44, a 5.3% increase from the previous trading day on the 17th (local time) at the New York Stock Exchange. The surge is attributed to the […]
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