Japan's Mitsubishi Corp. Ventures into North American Lithium Mines, Reducing China DependencyAccording to a report by Nikkei Newspaper on the 5th, Japan’s Mitsubishi Corporation is set to develop lithium mines in North America in a joint venture with a Canadian mining company. Mitsubishi Corporation will invest in a joint venture established by Frontier Lithium, a Canadian company that owns the mining rights to North American lithium […]
Apple and AMD News Sends Tech Stocks Tumbling, Nasdaq Falls Over 2%On March 5th (Eastern Standard Time), the three major indices of the New York Stock Exchange fell for the second consecutive day. According to Yonhap News, the Dow Jones Industrial Average ended at 38,585.19, down 404.64 points (1.04%) on the New York Stock Exchange (NYSE). The Standard & Poor’s (S&P) 500 index closed at 5078.65, […]
Turkey's Inflation Hits Record High: Soars Nearly 70%Turkey’s annual inflation seems to have turned to the highest in 15 months, and the central bank is still on alert even after halting the interest rate hike. According to the median estimate of Bloomberg economists on the 4th, Turkey’s inflation rate is expected to reach 66% in February, accelerating for the fourth consecutive month. […]
Gold Prices Hit All-Time High Amid US Rate Cut ExpectationsThe price of gold, domestically and internationally, has hit a record high due to the expectation of a cut in interest rates in the U.S. According to the Korea Exchange (KRX) on the 5th, the spot price per gram of 1 kg gold in the gold market the previous day closed at $66.84, up 2.20%. […]
Huawei Overtakes Apple in China's Smartphone Market Amid Sales SurgeApple’s iPhone sales in China have plummeted, falling behind Huawei. According to Counterpoint, on the 5th, Apple faced intensified competition with Chinese companies such as Huawei in the first six weeks of 2024, resulting in a 24% decrease in iPhone sales in China compared to last year. On the other hand, Huawei, Apple’s main competitor […]
California Approves Google Waymo's Driverless Robotaxi Service in LA and MoreGoogle’s Waymo autonomous robotaxi service is expanding. California regulators approved the expansion of Waymo’s robotaxi convenience service to the cities south of Los Angeles and San Francisco on the 2nd. The California Public Utilities Commission (CPUC) announced, “Starting today, Waymo can operate driverless passenger services in specific areas of Los Angeles and San Francisco.” In […]
Snowflake Shocks Market with Next Quarter Guidance, AI Strategy in FocusDespite surpassing expectations with its quarterly results, Snowflake’s (SNOW) stock price plummeted in after-hours trading on the day of the earnings announcement due to its next quarter guidance falling short of the consensus. Snowflake’s revenue for the fourth quarter of fiscal year 2024 was $775 million, a 31.5% increase from the previous year, exceeding the […]
Italians Once Hated Starbucks, Now Can't Get Enough – Here's WhyStarbucks continues to expand in Italy, opening its fourth store near the Vatican in Rome, overcoming initial resistance to its presence.
This is the First Korean Man to Win First Place in a World Beauty PageantLee Seung-hwan became Korea's first Mr. Universe, winning the Mr. International Contest, and he now runs a successful fitness business.
Consumer Reactions and Industry Insights on the Fine Dining Group's CollapseSouth Korea's top fine dining restaurant company faces financial woes from real estate investments and declining industry popularity.
Flight Attendant Who Soared to Instagram Fame Thanks to a Single PhotoA Malaysia Air Asia flight attendant became a social media sensation due to her beauty and kind service, and she now has 271k followers.
Porsche Drives Forward: Strong Q3 2023 Performance After IPO SuccessPorsche reports impressive Q3 results with 12.6% sales growth, exceeding profit margins, and strong global demand.
Surging Trend of Teenage Building Owners: $200K at 13 Years OldA surge in minor CEOs, particularly in real estate rental, with the highest earning up to $200K every year.
How Tesla's Dojo Became the $50 Billion Game-ChangerMorgan Stanley values Tesla's Dojo computer at $50 billion, boosting stock by 6%. Dojo accelerates AI in autonomous vehicles.
China's EVE Energy Sparks a $2.6 Billion Battery Venture in the US EVE Energy US Holdings, a subsidiary of Chinese EVE Energy, announced on September 7, 2023, that it plans to establish a joint venture in the United States with Electrified Power, Daimler Trucks, and Paccar Inc. The capital contribution limit for the joint investment shareholders is set at a total of $2.64 billion.
Tesla's Gigafactory Shanghai Surpasses 2 Million Units in Cumulative ProductionTesla's Gigafactory Shanghai hit 2 million units produced in 13 months after reaching 1 million, credited to its Shanghai business environment.
Japan's Mitsubishi Corp. Ventures into North American Lithium Mines, Reducing China Dependency According to a report by Nikkei Newspaper on the 5th, Japan’s Mitsubishi Corporation is set to develop lithium mines in North America in a joint venture with a Canadian mining company. Mitsubishi Corporation will invest in a joint venture established by Frontier Lithium, a Canadian company that owns the mining rights to North American lithium […]
Apple and AMD News Sends Tech Stocks Tumbling, Nasdaq Falls Over 2% On March 5th (Eastern Standard Time), the three major indices of the New York Stock Exchange fell for the second consecutive day. According to Yonhap News, the Dow Jones Industrial Average ended at 38,585.19, down 404.64 points (1.04%) on the New York Stock Exchange (NYSE). The Standard & Poor’s (S&P) 500 index closed at 5078.65, […]
Turkey's Inflation Hits Record High: Soars Nearly 70% Turkey’s annual inflation seems to have turned to the highest in 15 months, and the central bank is still on alert even after halting the interest rate hike. According to the median estimate of Bloomberg economists on the 4th, Turkey’s inflation rate is expected to reach 66% in February, accelerating for the fourth consecutive month. […]
Gold Prices Hit All-Time High Amid US Rate Cut Expectations The price of gold, domestically and internationally, has hit a record high due to the expectation of a cut in interest rates in the U.S. According to the Korea Exchange (KRX) on the 5th, the spot price per gram of 1 kg gold in the gold market the previous day closed at $66.84, up 2.20%. […]
Huawei Overtakes Apple in China's Smartphone Market Amid Sales Surge Apple’s iPhone sales in China have plummeted, falling behind Huawei. According to Counterpoint, on the 5th, Apple faced intensified competition with Chinese companies such as Huawei in the first six weeks of 2024, resulting in a 24% decrease in iPhone sales in China compared to last year. On the other hand, Huawei, Apple’s main competitor […]
California Approves Google Waymo's Driverless Robotaxi Service in LA and More Google’s Waymo autonomous robotaxi service is expanding. California regulators approved the expansion of Waymo’s robotaxi convenience service to the cities south of Los Angeles and San Francisco on the 2nd. The California Public Utilities Commission (CPUC) announced, “Starting today, Waymo can operate driverless passenger services in specific areas of Los Angeles and San Francisco.” In […]
Snowflake Shocks Market with Next Quarter Guidance, AI Strategy in Focus Despite surpassing expectations with its quarterly results, Snowflake’s (SNOW) stock price plummeted in after-hours trading on the day of the earnings announcement due to its next quarter guidance falling short of the consensus. Snowflake’s revenue for the fourth quarter of fiscal year 2024 was $775 million, a 31.5% increase from the previous year, exceeding the […]
Italians Once Hated Starbucks, Now Can't Get Enough – Here's Why Starbucks continues to expand in Italy, opening its fourth store near the Vatican in Rome, overcoming initial resistance to its presence.
This is the First Korean Man to Win First Place in a World Beauty Pageant Lee Seung-hwan became Korea's first Mr. Universe, winning the Mr. International Contest, and he now runs a successful fitness business.
Consumer Reactions and Industry Insights on the Fine Dining Group's Collapse South Korea's top fine dining restaurant company faces financial woes from real estate investments and declining industry popularity.
Flight Attendant Who Soared to Instagram Fame Thanks to a Single Photo A Malaysia Air Asia flight attendant became a social media sensation due to her beauty and kind service, and she now has 271k followers.
Porsche Drives Forward: Strong Q3 2023 Performance After IPO Success Porsche reports impressive Q3 results with 12.6% sales growth, exceeding profit margins, and strong global demand.
Surging Trend of Teenage Building Owners: $200K at 13 Years Old A surge in minor CEOs, particularly in real estate rental, with the highest earning up to $200K every year.
How Tesla's Dojo Became the $50 Billion Game-Changer Morgan Stanley values Tesla's Dojo computer at $50 billion, boosting stock by 6%. Dojo accelerates AI in autonomous vehicles.
China's EVE Energy Sparks a $2.6 Billion Battery Venture in the US EVE Energy US Holdings, a subsidiary of Chinese EVE Energy, announced on September 7, 2023, that it plans to establish a joint venture in the United States with Electrified Power, Daimler Trucks, and Paccar Inc. The capital contribution limit for the joint investment shareholders is set at a total of $2.64 billion.
Tesla's Gigafactory Shanghai Surpasses 2 Million Units in Cumulative Production Tesla's Gigafactory Shanghai hit 2 million units produced in 13 months after reaching 1 million, credited to its Shanghai business environment.
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