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Eugene Park, Author at Gangnam Times - Page 6 of 58

Eugene Park (1145 Posts)

  • China's Entry into the Global Passenger Aircraft Market, Challenging Boeing and Airbus China has thrown down the gauntlet in earnest to the global airliner market, which is dominated by Boeing and Airbus. It is expanding its exports with two mid-size and small airliners, and is expanding the scope of its operations by participating in the air show in Singapore. It has received a whopping 1061 orders from its home country alone. "China's first indigenously produced medium-sized passenger plane, the C919, made its debut at an international air show, attracting attention," according to China's Xinhua News Agency and Hengguoshibo on Tuesday. "It is participating in an air show at Singapore's Changi International Airport."
  • Chinese Coast Guard Conducts Unauthorized Inspection of Taiwanese Cruise Ship 2 Chinese Coast Guard vessels approach Taiwanese cruise ship 14 days Chinese ship capsizes after being chased by Taiwanese Coast Guard China warns it will "intensify patrols in Kinmen Island waters" China's maritime police have boarded a Taiwanese cruise ship without permission near Kinmen Island, the frontline of Taiwan's security, escalating tensions between the two sides...
  • North Korea Conducts Multiple Cruise Missile Tests, Raising Security Concerns North Korea has been escalating tensions on the Korean Peninsula following provocations by North Korean leader Kim Jong Un, who led a test launch of a land-to-sea missile on Nov. 14. North Korea has been utilizing a mix of weapons systems to secure its capabilities, with cruise missiles in particular receiving a lot of attention...
  • South Korean Intelligence Requests Blocking of North Korean YouTuber Yumi's Channel North Korean YouTuber 'Yumi' has been requested by the Korea Communications Commission to be disconnected again. In response, the National Intelligence Service judged the content as propaganda for the North Korean regime and requested action. It is expected to block access to the channel through the same procedure as before...
  • White House Set to Unleash Major Sanctions Against Russia Over Navalny's Death Ukraine invasion and Navalny's death to be held accountable EU freezes Russian central bank funds likely to be confiscated Russian crude oil cap to be revised downward A major offensive shift ahead of G7 summit The White House has announced that it will announce a package of "major sanctions" against Russia on the 23rd. "The Russian government and President Vladimir Putin are clearly responsible for the death of Alexei Navalny," White House National Security Adviser John Kirby said in an online briefing on Tuesday, according to USA Today and NBC.
  • Anti-Regime Death Stokes Fear and Protests Ahead of Belarus Election Ihar Lednik, detained on charges of defaming Lukashenko, dies in prisonFollowing the death of Russia’s Navalny, another anti-regime figure dies in jail in Belarus, a Russian allyCivil control intensifies ahead of the general elections on the 25th Following the death of Alexei Navalny, an enemy of Russian President Vladimir Putin, in prison, another anti-regime figure […]
  • Global Investors Flee China: Germany Shifts Focus to U.S. Amid Economic Concerns China's slowing economy and conflict with the United States are accelerating the "flight to China" of foreign investors, with German investment in China declining and US investment increasing. FDI is also falling, and stock market outflows are accelerating...
  • U.S. Government Skeptical of North Korea's Terms for Japan Reconciliation The U.S. government has been cautious in its response to North Korean Workers' Party leader Kim Yo Jong's message of improving relations with Japan. Meanwhile, the Japanese government and the Pentagon have been supportive of inter-Korean dialogue...
  • South Korean President Yoon Delays Germany and Denmark Trips Amid Domestic Issues President Yoon Suk Yeol apologized to German and Danish leaders for postponing his scheduled visit this week. During separate phone calls with German President Frank-Walter Steinmeier and Danish Prime Minister Mette Frederiksen on the afternoon of the 20th, President Yoon explained, “The visit had to be postponed due to various reasons, including domestic and overseas […]
  • Messi Addresses Hong Kong No-Show Incident: Clarifies Injury as Cause Lionel Messi (Inter Miami) has posted a video in response to the Hong Kong no-show. He said he missed the game due to injury and that it had nothing to do with politics. Messi said he has a special relationship with China and is looking forward to meeting the fans there...
  • Chinese Battery Domination Defies U.S. Inflation Reduction Act The U.S. Inflation Reduction Act (IRA), which does not subsidize electric vehicles with Chinese batteries, has been ineffective. Chinese batteries have dominated the market in the U.S. and other parts of the world. To get subsidized, domestic battery companies have to go to North America or the U.S...
  • Putin Gifts Russian-Made Luxury Car to North Korea's Kim Jong Un Amid deepening ties between North Korea and Russia, Russian President Vladimir Putin has presented North Korean leader Kim Jong Un with a Russian-made car for his "personal use. On Tuesday, Reuters reported, citing North Korea's state-run Korean Central News Agency (KCNA), that Kim received a gift of a Russian-made private passenger car...
  • U.S. Allies Gear Up Against China's Trade Offensive in Electric Vehicles US expresses concern over China's dumping attempts. Respond with allies and build a public 'battery united front'. Opportunities for Korean companies. Strategies to combat Chinese overcapacity and low processing taxes. U.S., EU pressure China's EV industry. China's overcapacity could hurt global markets...
  • Xi Jinping's Socialist Solution: China's Response to the Real Estate Crisis China considers socialist measures to overcome real estate crisis. Government intervention to boost home sales and rentals. Financial resources are a problem and backlash is a concern.
  • North Korean Nuclear Tests Linked to Surge in Earthquakes: South Korean Meteorological Agency Report 38% increase from the previous year·50% increase from the annual average numberFourth highest frequency since KMA started an observationContinuous earthquakes in the East Sea were due to nuclear tests in Kilju, North Korea Last year, earthquakes of magnitude 2.0 or higher occurred more than 50% more frequently than in previous years in the Korean Peninsula […]
  • South Korean, German Intelligence Agencies on High Alert for North Korean Attacks South Korean and German intelligence agencies have released a joint cybersecurity advisory to prevent cyberattacks on North Korea's defense sector. According to the National Intelligence Service (NIS) on Tuesday, the joint advisory analyzed the strategies, techniques, and procedures (TTPs) of two representative cases of North Korean defense hacking, introducing the attackers and the actual attack methods. A North Korean hacking organization infiltrated an organization that researches maritime and shipbuilding technology in late 2022...
  • Xiaopeng Guns for BYD Throne with 40% Boost in Investment Chinese electric car startup Xiaofeng is aiming to take the lead in the industry by hiring more developers and increasing its R&D budget this year. It will focus on autonomous driving technology, launching new models and expanding overseas markets. The company is aiming to become the market leader in the competition with Villardi.
  • Korean Won, Chinese Yuan Set to Gain as US Interest Rates Expected to Drop The South Korean won, Chinese yuan and Indian rupee are expected to strengthen this year as the U.S. cuts its benchmark interest rate...
  • North Korea's Latest Move: Erasing South Korea from Public Relations Magazine In the January 2024 issue (top), the entire Korean peninsula was marked in red, but in the February issue, only the North was marked (Photo = Excerpt from Geumsugangsan magazine) As North Korea continued to erase South Korea since the beginning of the year, it was confirmed that only the North of the Korean peninsula […]
  • North Korean Health Elixir Revealed: Natural Extract's Effects on Heart Health The health drink is being manufactured at the Yanggak Food Production Branch, the Korean Central News Agency (KCNA) reported from Pyongyang on Sept. 19. According to the newspaper, the main ingredients are trigonium, honeysuckle, and dandelion, which are found in the mountains and fields of North Korea, and have been used as medicinal herbs in North Korea for a long time. The developers of Natural Samhwa Herbal Purified Water have determined an optimized formulation of these herbs and used traditional pharmaceutical methods and advanced extraction technology to produce a drink that is effective in preventing and treating cardiovascular diseases...
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