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BUSINESS

  • From Local to Global: Chinese Cars Accelerate on the World Stage China surpassed Japan last year to become the world’s largest car exporter. It continues to show strong growth in its car exports in the first half of this year. Chinese automakers are speeding up the construction of overseas factories to avoid tariff barriers set up by the West, such as the European Union (EU), propelling […]
  • Elon Musk's South Korean Shout-Out: Tesla Stock Soars in Seoul Tesla CEO Elon Musk posted a picture on social media combining the South Korean flag and the Tesla logo.
  • Shein in Hot Water: Fashion Scene Rejects Low-Quality Imports The intense marketing pressure from China intensifies as Shein has been indiscriminately selling low-quality products online and offline.
  • FAA Orders Inspection of 2,600 Boeing 737 Aircraft Over Oxygen Mask Issues The FAA demands an inspection of 2,600 Boeing 737 aircraft due to potential malfunction of passenger oxygen masks in emergencies.
  • Tesla vs. Nvidia: ETFs Show Winners and Losers in Latest Stock Battle Nvidia and Tesla have shown divergent stock price trends, leading to mixed results for ETFs holding these stocks. 
  • Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric Cars Hyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
  • HMM Dominates Orange Imports: Here's Why Korea Loves California Citrus HMM has been identified as the leading global shipping company transporting the most orange imports from California to Korea.
  • Nvidia's Stock: Is the Bubble About to Burst? US Wall Street market analysis firm, adjusted its investment opinion on Nvidia from "buy" to "neutral" the previous day.
  • Copper's Big Leap: Surges Past $10,000 as Investors Eye China's Policy Support Copper prices have surpassed $10,000. Amid expectations of increased demand in China, there's also speculation of further price increases.
  • Tesla Stock Surges 81%: What's Next for Elon Musk's Empire? Tesla had a successful rebound in a short period. Tesla's Q2 results will dictate the company's future direction later this month.
  • Gen Z's Newest Social Media Obsession Hits #1 on App Store! The new social media platform noplace, designed for Gen Z, has topped the US Apple App Store downloads following its official launch.
  • Google's Dirty Secret: AI Development Blamed for 13% Rise in Emissions Google disclosed in its annual environmental report that the company's greenhouse gas emissions increased by 13% from the previous year.
  • 13 Secrets McDonald's Employees Probably Won't Tell You A few years ago, Buzzfeed released an article titled “21 Secrets McDonald’s Employees Won’t Tell You.” Keep in mind that menu items and service may vary by country, so there might be differences from the McDonald’s services you’re familiar with locally. 1. Ordering Fries Without Salt Although it seems like a simple request, it requires […]
  • Could Biden's Exit Crash Bitcoin to $50,000? Here's What Experts Think There's speculation that if President Joe Biden withdraws as the Democratic candidate, the price of Bitcoin will plummet.
  • Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10% Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
  • U.S. Government Invests $176M in Moderna for Avian Flu Vaccine The U.S. government announced the plan to provide $176 million to Moderna to develop a pandemic vaccine targeting avian flu.
  • EU Cracks Down on Meta: Social Media Giant Risks $13.4 Billion Fine The European Union (EU) has concluded that Meta Platforms has violated the Digital Markets Act (DMA). If the preliminary conclusion is confirmed, Meta could face a fine of up to 10% of its annual revenue, amounting to $13.4 billion. This marks an expansion of the EU’s anti-competition sanctions against big tech companies in the U.S., […]
  • Fed's Powell hints at interest rate cuts, but adds more evidence needed Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal. 
  • IKEA Shakes Up Fifth Avenue: Next to Chanel and Tiffany, A New Neighbor Arrives An IKEA store is set to open a store on Manhattan's Fifth Avenue in New York, known for its high-end luxury stores.
  • U.S. Election Jitters? Standard Chartered Diversifies to Ride the Wave Standard Chartered Group announced that it is preparing for uncertainties such as U.S. interest rate cuts and presidential elections.
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