Chinese Electric Car Giant BYD Eyes Korean Market as Gateway to U.S. and Europe Surprisingly, 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 […]
South Korea Ranks 8th in Financial Literacy Among OECD Countries South Koreans ranked eighth in financial literacy among the 39 countries that participated in a survey by the Organisation for Economic Co-operation and Development (OECD). However, their understanding of digital finance was lower than the average of the OECD and 28 other countries, indicating a lack of awareness about financial security. According to the “2023 […]
India Deploys K9 Vajra Howitzers in Disputed Border Area with China India is deploying the K9 Vajra (meaning thunder in Hindi) self-propelled howitzer, locally produced via the technology transfer from Hanwha Aerospace, into actual combat. According to industry sources, on the 8th, Larsen & Toubro (L&T) delivered 100 K9 self-propelled howitzers manufactured with the technology transferred from Hanwha Aerospace to the Indian Army. The Indian Army, […]
Nurses in South Korea Now Able to Perform CPR and Administer Drugs Filling the medical gap left by medical residentsMinistry of Health and Welfare establishes guidelines for nursing dutiesLegal responsibility in case of accidents falls on the heads of the medical institutions To fill the medical gap caused by the departure of medical residents, starting from the 8th, nurses will also be able to administer CPR and […]
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 […]
Chinese Foreign Minister Blames South Korea, U.S. for Korean Peninsula Tensions At a press conference held on the 7th, Wang Yi, a member of the Political Bureau and Minister of Foreign Affairs of China, asserted that war should not break out on the Korean Peninsula./Xinhua News Agency. Wang Yi, a member of the Political Bureau and Foreign Minister of China (also Director of the Office of […]
South Korea Deploys 'Spike' Missiles to Target North Korean Coastal Artillery Since 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 […]
Xi Jinping Commands Strengthening Strategic Capabilities in Cyber Defense and Space to Improve Nationa Defense Power Chinese President Xi Jinping, who also serves as the chairman of the Central Military Commission and the military commander in China, has ordered a comprehensive strengthening of strategic capabilities in emerging industries such as cyber defense and space to improve national defense power. As reported by the state-run China Central (CC)TV, during the plenary meeting […]
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 […]
Elon Musk's X Faces Music Copyright Infringement Lawsuits Yonhap News Social media platform X (formerly Twitter), acquired by Elon Musk, is potentially facing a payout of over 300 billion won (approximately $227 million) for allegedly neglecting music copyright infringement. According to a report by CNN Business on the 6th, Judge Aleta Trauger of the U.S. District Court in Tennessee has allowed the trial […]
U.S. Government Urges South Korea and Germany to Participate in Semiconductor Export Regulation Network Bloomberg reported on the 6th that the U.S. government has been pressuring South Korea and Germany into participating in strengthening the semiconductor export regulation network against China. This is interpreted as the U.S. urging other countries to participate in the regulation to fill the gaps that have been exposed despite semiconductor export regulations, such as […]
South Korea Expresses Concern Over South China Sea Collision Lim, 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 […]
Will Donald Trump's Return Lead to Economic Issues? [Photo=Reuters·Yonhap News] With Donald Trump being confirmed as the Republican presidential candidate, viewers are turning to the potential impact on the South Korean economy if Trump secures his second term as he is also leading in the U.S. Favorable Ratings over current President Joe Biden. There are concerns about potential spikes in oil prices and […]
TikTok Faces Deadline as U.S. Congress Votes to Limit Chinese Influence The 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, […]
What happened between Elon Musk and Sam Altman? The “bromance” between two IT geniuses, who once joined hands to pursue the “best AI,” is now facing a crisis. The conflict between Sam Altman, CEO of OpenAI, and Elon Musk, CEO of Tesla, began with a lawsuit filed by Musk and is intensifying. Altman, the “father” of generative AI “ChatGPT”, sold his first startup […]
North Korea's Kim Jong Un Orders Intensified Artillery Drills Amid Tensions Kim Jong Un observed the artillery fire drills of the Korean People’s Army’s combined units on the 7th. Yonhap News Kim Jong Un has inspected military training for two consecutive days. It is interpreted as a countermeasure against the regular US-Korea joint training Shield of Freedom that started this week. The North Korean Central News […]
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 Tensions Kim 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 […]
Chinese Electric Car Giant BYD Eyes Korean Market as Gateway to U.S. and Europe Surprisingly, 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 […]
South Korea Ranks 8th in Financial Literacy Among OECD Countries South Koreans ranked eighth in financial literacy among the 39 countries that participated in a survey by the Organisation for Economic Co-operation and Development (OECD). However, their understanding of digital finance was lower than the average of the OECD and 28 other countries, indicating a lack of awareness about financial security. According to the “2023 […]
India Deploys K9 Vajra Howitzers in Disputed Border Area with China India is deploying the K9 Vajra (meaning thunder in Hindi) self-propelled howitzer, locally produced via the technology transfer from Hanwha Aerospace, into actual combat. According to industry sources, on the 8th, Larsen & Toubro (L&T) delivered 100 K9 self-propelled howitzers manufactured with the technology transferred from Hanwha Aerospace to the Indian Army. The Indian Army, […]
Nurses in South Korea Now Able to Perform CPR and Administer Drugs Filling the medical gap left by medical residentsMinistry of Health and Welfare establishes guidelines for nursing dutiesLegal responsibility in case of accidents falls on the heads of the medical institutions To fill the medical gap caused by the departure of medical residents, starting from the 8th, nurses will also be able to administer CPR and […]
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 […]
Chinese Foreign Minister Blames South Korea, U.S. for Korean Peninsula Tensions At a press conference held on the 7th, Wang Yi, a member of the Political Bureau and Minister of Foreign Affairs of China, asserted that war should not break out on the Korean Peninsula./Xinhua News Agency. Wang Yi, a member of the Political Bureau and Foreign Minister of China (also Director of the Office of […]
South Korea Deploys 'Spike' Missiles to Target North Korean Coastal Artillery Since 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 […]
Xi Jinping Commands Strengthening Strategic Capabilities in Cyber Defense and Space to Improve Nationa Defense Power Chinese President Xi Jinping, who also serves as the chairman of the Central Military Commission and the military commander in China, has ordered a comprehensive strengthening of strategic capabilities in emerging industries such as cyber defense and space to improve national defense power. As reported by the state-run China Central (CC)TV, during the plenary meeting […]
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 […]
Elon Musk's X Faces Music Copyright Infringement Lawsuits Yonhap News Social media platform X (formerly Twitter), acquired by Elon Musk, is potentially facing a payout of over 300 billion won (approximately $227 million) for allegedly neglecting music copyright infringement. According to a report by CNN Business on the 6th, Judge Aleta Trauger of the U.S. District Court in Tennessee has allowed the trial […]
U.S. Government Urges South Korea and Germany to Participate in Semiconductor Export Regulation Network Bloomberg reported on the 6th that the U.S. government has been pressuring South Korea and Germany into participating in strengthening the semiconductor export regulation network against China. This is interpreted as the U.S. urging other countries to participate in the regulation to fill the gaps that have been exposed despite semiconductor export regulations, such as […]
South Korea Expresses Concern Over South China Sea Collision Lim, 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 […]
Will Donald Trump's Return Lead to Economic Issues? [Photo=Reuters·Yonhap News] With Donald Trump being confirmed as the Republican presidential candidate, viewers are turning to the potential impact on the South Korean economy if Trump secures his second term as he is also leading in the U.S. Favorable Ratings over current President Joe Biden. There are concerns about potential spikes in oil prices and […]
TikTok Faces Deadline as U.S. Congress Votes to Limit Chinese Influence The 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, […]
What happened between Elon Musk and Sam Altman? The “bromance” between two IT geniuses, who once joined hands to pursue the “best AI,” is now facing a crisis. The conflict between Sam Altman, CEO of OpenAI, and Elon Musk, CEO of Tesla, began with a lawsuit filed by Musk and is intensifying. Altman, the “father” of generative AI “ChatGPT”, sold his first startup […]
North Korea's Kim Jong Un Orders Intensified Artillery Drills Amid Tensions Kim Jong Un observed the artillery fire drills of the Korean People’s Army’s combined units on the 7th. Yonhap News Kim Jong Un has inspected military training for two consecutive days. It is interpreted as a countermeasure against the regular US-Korea joint training Shield of Freedom that started this week. The North Korean Central News […]
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 Tensions Kim 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 […]
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