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BUSINESS

  • Japan’s Economic Challenges Exposed: GDP Takes a Hit, Falling Behind South Korea for the First Time in Decades Japan's economy faces a sharp decline, with per capita GDP dropping behind South Korea for the first time since 1980.
  • Ford Joins Amazon and Meta in Backing Trump’s Inauguration Ford donates $1 million and a vehicle for Trump's inauguration, amid potential trade policy impacts on automakers like Ford.
  • 163 Chinese Workers Found in 'Slave-like Conditions' at BYD Factory in Brazil 163 Chinese workers faced "slavery-like conditions" at a BYD factory in Brazil, working long hours and living in poor conditions.
  • Honda and Nissan to Create World’s 3rd Largest Auto Group—What It Means for the Global Market Honda and Nissan are discussing a merger to form a new holding company, aiming to enhance competitiveness amid industry transformation.
  • Bitcoin Plunges 7% in Its First Decline Since Trump’s Election—Is the Bull Run Over? Bitcoin has seen its first weekly decline since Trump's election, dropping over 7% amid changing Fed policies and market uncertainty.
  • MetLife to Buy PineBridge Investments for $1.2 Billion in Strategic Acquisition MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
  • Ceneo vs. Google: Allegro's Subsidiary Sues for $568 Million in Damages Allegro's subsidiary Ceneo is suing Google for $568 million, claiming anti-competitive practices harmed its business operations.
  • China's Nio Launches $107K Electric Sedan to Compete with Luxury Brands Like Porsche Chinese EV company NIO is stepping up to challenge Porsche by unveiling its new high-end EV, the ET9, priced over $100,000.
  • Toyota to Build First Fully-Owned EV Plant in Shanghai by 2027 Toyota plans to build its first wholly-owned EV plant in China, focusing on Lexus production to enhance competitiveness by 2027.
  • Hyundai to Offer Free Tesla Supercharger Adapters for North American EV Owners Hyundai will offer free Tesla Supercharger adapters to North American EV customers, enhancing their charging experience with a large network.
  • Mazda’s 35th Anniversary Roadster: A Classic Gets a Limited-Edition Upgrade Mazda celebrates 35 years of the MX-5 Miata with a special edition, featuring unique details, price updates, and trim options for 2025.
  • Hyundai’s Next Elantra Could Bring Back the Coupe – Here’s What It Might Look Like Hyundai's Elantra redesign may include a coupe model, with AI renderings showcasing a bold, sporty design inspired by electric cars.
  • Russia’s New Electric SUV: The Kama Atom—A Bold Step Forward with Chinese Tech The Kama Atom, a new Russian electric SUV, aims to revive the auto industry by integrating Chinese technology and design influences.
  • Diesel Vehicles Lose Ground in Europe – Will 2025 Be the Final Blow? European diesel vehicle sales decline continues, with market share dropping to 13.1% amid rising battery-electric vehicle sales.
  • Is Huawei the Next Big Player in Electric Vehicles? Here's What You Need to Know Huawei will spin off its automotive unit into a subsidiary by 2025, focusing on smart vehicle technology and partnerships in the industry.
  • Kia’s Syros SUV Launches in India with Smart Tech and Bold Design Kia launches the Syros SUV in India, featuring advanced tech, spacious design, and bold aesthetics, aiming for broader market expansion.
  • iPhone 17 Pro Max: Why Apple Might Keep Its Triangular Camera Design Apple's iPhone 17 Pro Max may retain its triangular camera layout, contrary to earlier rumors of a horizontal design change.
  • Crypto Christmas: 67% of Korean Investors Hope for a Santa Rally in Bitcoin Prices Six out of ten Korean crypto investors expect Bitcoin to rise next week, reflecting improved market sentiment and optimism.
  • CEO Murdered Over Denied Insurance Claims? The Shocking Truth Behind the Killing The assassination of UnitedHealthcare's CEO highlights consumer distrust linked to insurance claim denials, reflecting broader industry issues.
  • Is Your Tesla Affected? 700,000 Vehicles Recalled for Tire Pressure Warning System Flaw Tesla recalls nearly 700,000 vehicles due to a faulty tire pressure monitoring system affecting several models, including the Cybertruck.
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