Biden Accuses China, Japan, and India of Economic Self-Sabotage Through XenophobiaPresident Joe Biden of the United States has claimed that ‘xenophobia’ is hindering economic growth in China, Japan, and India. His remarks are interpreted as targeting former President Donald Trump’s “anti-immigration” stance, which will stage a “return match” in this year’s presidential election. According to Reuters on the 1st (local time), President Biden said at […]
Hyundai's Big Bet: Chairman Chung Puts India in Focus for Future GrowthHyundai Motor Group Chairman Chung Eui Sun visited India, which has emerged as a global economic power, reviewed the local future growth strategy, and communicated directly with employees. Chung revisited India in August 2023 because India’s strategic importance is increasing. India, the world’s largest population, became the world’s 5th largest economy nation in 2023. It […]
Elon Musk Set to Meet Indian Prime Minister Amidst Tesla Expansion PlansElon Musk, CEO of Tesla, has announced that he will visit India to meet with Prime Minister Modi. Multiple media outlets, including Reuters, have reported that the two parties are expected to announce the construction of an electric vehicle factory in New Delhi, the capital of India, by the end of this month. Musk tweeted […]
Apple's Diversification Strategy: 1 in 7 iPhones Now Made in IndiaApple diversifies production basesiPhone sales in China down 24% YoY As Apple’s iPhone production in China decreases, its production in India significantly increases. This shift is attributed to the struggles faced by China’s lockdown policies during the COVID-19 pandemic and a significant drop in iPhone sales due to competition from local companies like Huawei. Bloomberg […]
AI-Driven Election Interference: China's New Weapon Against U.S., South Korea, and IndiaOn the 6th, foreign media outlets, such as The Guardian, reported on a Microsoft warning that China might use artificial intelligence (A.I.) to disrupt elections in South Korea, the U.S., and India. Microsoft has warned that China, having run a trial using AI content during the Taiwanese presidential opinion polls, intends to disrupt elections in […]
Tesla's Big Move: Electric Car Giant Eyes IndiaFT said Tesla sent a team for a $2-3bn plantIndia’s lowered tariffs on imported electric vehicles spur Tesla to expand in IndiaTesla is facing challenges in EVs and a shrinking market share in ChinaWill Indian market entry be key to return? The electric vehicle company Tesla is gearing up to move strategically into the Indian […]
China's $5 Trillion Evaporation: India Rises to Fourth Largest MarketOver the past three years, nearly $5 trillion has evaporated from the combined market capitalization of mainland China and Hong Kong. The market is significantly shrinking as global investors’ trust fails to recover. In contrast, the Indian stock market, classified as an emerging market, has risen to the world’s fourth-largest market over the last eight […]
Indian Millionaire Invites Rihanna to Perform at His Son's WeddingMukesh Ambani, CEO of Reliance, invited numerous celebrities to his second son’s wedding. Pop star Rihanna performing at the 95th Academy Awards on March 12, 2023 / EPA=Yonhap News Mukesh Ambani, CEO of Reliance Industries and considered Asia’s richest man, is preparing for his youngest son’s lavish wedding and has invited numerous billionaires and Hollywood […]
At least 10 Dead from Heart Attacks at Indian Hindu Festival While DancingAt least 10 people died while performing the Garba, a traditional dance, at a Hindu festival in Gujarat, India.
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