BMW's Cloud Server Slip-Up: Internal Data Exposed in Security BreachGerman car manufacturer BMW’s sensitive internal information stored on a cloud storage server was found to be exposed on the internet. BMW has responded, stating that no personal information was leaked. American IT specialist media TechCrunch reported on the 15th (local time) that BMW’s cloud storage server, built on Microsoft Azure, was exposed on the […]
U.S. West Coast Port Workers Sue Pacific Maritime Association Over COVID-19 RightsWestern U.S. port workers filed a lawsuit against the Pacific Maritime Association (PMA). They brought a class-action lawsuit citing non-payment of sick leave and discrimination against pregnant employees during the COVID-19 pandemic. According to “The Loadstar,” a U.S. freight and logistics industry specialist publication, on the 15th, the International Longshore and Warehouse Union (ILWU) filed […]
Samsung Galaxy S24 Tops iPhone in Early Customer Satisfaction: A First for SamsungFor the first time, Samsung Electronics’ Galaxy S24 series surpassed the initial satisfaction rate of the latest iPhone. The Galaxy S24 series is receiving the highest rating among all series released after the S20. According to the IT product comparison platform PerfectRec on the 14th, 91% of buyers gave the highest rating in the satisfaction […]
U.S. Warns Companies Over Misleading Green Marketing [TheGuru=SungHwan Hong] US competition authorities are stepping up crackdowns on fake green marketing, requiring caution from Korean companies seeking to enter the local market.
Mexico's Fintech Boom: A Billion-Dollar Industry Set to SkyrocketThe fintech industry in Mexico is growing rapidly. As the nation passed the first fintech regulations in Latin America, the overall industry conditions have improved, and consumer interest in fintech is also increasing. Consequently, the potential for future growth is considered limitless. According to global market research institution Statista, as of 2022, Mexico’s fintech transactions […]
South Korean Entrepreneurs Tap into U.S. Telemedicine SurgeMedical market revitalized as the regulations related to the COVID-19 pandemic easedLG Electronics To Provide a non-face-to-face Telemedicine Solution In Partnership With Amwell In The U.S The United States is emerging as a promising market for telemedicine. As regulations related to telemedicine have been relaxed in the wake of the COVID-19 pandemic, increased demands are […]
Red Flags for Hyundai-Toyota: Shell's Hydrogen Station Closures Signal Trouble AheadWithdrawal of the project to purchase the site of the hydrogen stationReducing working hours at charging stations currently in operation Global energy company Shell has permanently closed some of its hydrogen fueling stations in the United States. As part of its efforts to improve performance last year, the company has been downsizing its hydrogen business […]
IONNA by Hyundai, Mercedes, BMW, and More Hits the RoadObtained regulatory approval within half a year after establishment in July last yearThe goal is to construct more than 30,000 stations in North AmericaThe first charging station to open in the U.S. within the year The joint venture IONNA, established by seven automakers, including Hyundai Motor Group, BMW, and Mercedes-Benz, has launched. The company plans […]
Kia Pulls the Plug on K5 Sales in Canada Amid Declining DemandLast year, sales of 874 units decreased by 6.43% compared to the previous yearSales volume is significantly lower than local competitors in the same segment Kia is ceasing the sale of the mid-sized sedan K5 in the Canadian market. This decision is attributed to the rapidly declining local demand, which has reduced annual sales volume. […]
Big Bucks for Middle East Tech: Saudi-China Venture Fund Hits $1.1 Billion MarkChinese VC MSA Capital Plans to Raise 1.3 Trillion FundsSaudi Arabia – China Expand Economic Cooperation A Chinese venture capital (VC) firm, backed by the Saudi Arabian Wealth Fund, is set to create a venture fund with a capital of about $1.1 billion to invest in Middle Eastern startups. This is expected to be the […]
China's Luxury Car Market Hit Hard: Bentley, Lamborghini, and Porsche Sales SlumpLast year, Bentley, Lamborghini, and Porsche sales plummeted by double digits compared to the previous year. Last year, sales of luxury car brands like Bentley in China dropped by double digits. As the economic downturn continued, local brands rushed to target the local new energy vehicle (NEV) market, leading to a sharp decline in the […]
Hyundai-Kia Engine Fire Recall: US Authorities Conclude Investigation [TheGuru=Yoon Jinwoong] Uncertainty over Hyundai-Kia's massive recall in the United States has been resolved. Local transportation authorities have closed an engine fire risk investigation. However, the agency's investigation into a recall related to leaking brake fluid is still open...
Polish Defense Minister Signals Possible Termination of South Korea Arms DealThe Polish Minister of Defense has made remarks suggesting that a weapons deal with South Korea is not feasible, leading to heightened concerns about contract termination. The claim is that if South Korea’s finances for Poland are blocked, contract fulfillment will be nearly impossible, even though South Korean weapons have the benefit of being purchased […]
South Korea Urged to Reduce China Dependency for Mineral Partnerships with Europe [TheGuru=Oh So-young] South Korea needs to reduce its dependence on China if it wants to strengthen mineral partnerships with Europe, including Ukraine, according to an argument. This is because Europe is also concerned about China's growing dominance in the battery minerals market...
BlackRock's Bullish Bet: AI-Driven Tech Stocks to Fuel U.S. Stock Market RallyBlackRock, the world’s largest asset management company, predicts that the U.S. stock market will continue to rally this year, driven by artificial intelligence (AI). The analysis suggests that tech stocks will yield high returns due to expectations of easing inflation and interest rate cuts. According to the U.S. investment specialist media, Market Watch, on the […]
US Accelerates Rare Earth Industry Growth to Counter China [TheGuru=Eung-Yong Jung] The United States is expected to accelerate the development of its own rare earth industry. With the value of rare earths increasingly high in various industries, the intention is to reduce the dependence on China for rare earths...
Adani Group: Plans to Build World's Largest Copper Factory in India [TheGuru=Eung-Yong Jung] India's largest conglomerate, the Adani Group, is building the world's largest copper plant. It is expected to reduce India's dependence on copper imports and contribute to the country's energy transition goals...
China Pours $161 Billion into Clean Energy – A Solar and Wind Power Revolution [TheGuru=Sunghwan Hong] China's investment in renewable energy, including solar and wind power, reached 190 trillion won last year, according to a new report...
Why Warren Buffett Loves Low-Cost S&P 500 ETFs: The Inside Scoop The Motley Fool, a leading U.S. investment publication, quoted investment guru Warren Buffett as saying why you should invest in a low-cost S&P 500 Index ETF...
Hyundai India Achieves Record Domestic Sales in January 2024 [TheGuru=Yoon Jin-woong] Hyundai Motor Company set a fast pace in the Indian market last month. The automaker's efforts to penetrate the domestic market with its overseas strategic small sport utility vehicle (SUV) model, the Creta, resulted in the most sales ever...
BMW's Cloud Server Slip-Up: Internal Data Exposed in Security Breach German car manufacturer BMW’s sensitive internal information stored on a cloud storage server was found to be exposed on the internet. BMW has responded, stating that no personal information was leaked. American IT specialist media TechCrunch reported on the 15th (local time) that BMW’s cloud storage server, built on Microsoft Azure, was exposed on the […]
U.S. West Coast Port Workers Sue Pacific Maritime Association Over COVID-19 Rights Western U.S. port workers filed a lawsuit against the Pacific Maritime Association (PMA). They brought a class-action lawsuit citing non-payment of sick leave and discrimination against pregnant employees during the COVID-19 pandemic. According to “The Loadstar,” a U.S. freight and logistics industry specialist publication, on the 15th, the International Longshore and Warehouse Union (ILWU) filed […]
Samsung Galaxy S24 Tops iPhone in Early Customer Satisfaction: A First for Samsung For the first time, Samsung Electronics’ Galaxy S24 series surpassed the initial satisfaction rate of the latest iPhone. The Galaxy S24 series is receiving the highest rating among all series released after the S20. According to the IT product comparison platform PerfectRec on the 14th, 91% of buyers gave the highest rating in the satisfaction […]
U.S. Warns Companies Over Misleading Green Marketing [TheGuru=SungHwan Hong] US competition authorities are stepping up crackdowns on fake green marketing, requiring caution from Korean companies seeking to enter the local market.
Mexico's Fintech Boom: A Billion-Dollar Industry Set to Skyrocket The fintech industry in Mexico is growing rapidly. As the nation passed the first fintech regulations in Latin America, the overall industry conditions have improved, and consumer interest in fintech is also increasing. Consequently, the potential for future growth is considered limitless. According to global market research institution Statista, as of 2022, Mexico’s fintech transactions […]
South Korean Entrepreneurs Tap into U.S. Telemedicine Surge Medical market revitalized as the regulations related to the COVID-19 pandemic easedLG Electronics To Provide a non-face-to-face Telemedicine Solution In Partnership With Amwell In The U.S The United States is emerging as a promising market for telemedicine. As regulations related to telemedicine have been relaxed in the wake of the COVID-19 pandemic, increased demands are […]
Red Flags for Hyundai-Toyota: Shell's Hydrogen Station Closures Signal Trouble Ahead Withdrawal of the project to purchase the site of the hydrogen stationReducing working hours at charging stations currently in operation Global energy company Shell has permanently closed some of its hydrogen fueling stations in the United States. As part of its efforts to improve performance last year, the company has been downsizing its hydrogen business […]
IONNA by Hyundai, Mercedes, BMW, and More Hits the Road Obtained regulatory approval within half a year after establishment in July last yearThe goal is to construct more than 30,000 stations in North AmericaThe first charging station to open in the U.S. within the year The joint venture IONNA, established by seven automakers, including Hyundai Motor Group, BMW, and Mercedes-Benz, has launched. The company plans […]
Kia Pulls the Plug on K5 Sales in Canada Amid Declining Demand Last year, sales of 874 units decreased by 6.43% compared to the previous yearSales volume is significantly lower than local competitors in the same segment Kia is ceasing the sale of the mid-sized sedan K5 in the Canadian market. This decision is attributed to the rapidly declining local demand, which has reduced annual sales volume. […]
Big Bucks for Middle East Tech: Saudi-China Venture Fund Hits $1.1 Billion Mark Chinese VC MSA Capital Plans to Raise 1.3 Trillion FundsSaudi Arabia – China Expand Economic Cooperation A Chinese venture capital (VC) firm, backed by the Saudi Arabian Wealth Fund, is set to create a venture fund with a capital of about $1.1 billion to invest in Middle Eastern startups. This is expected to be the […]
China's Luxury Car Market Hit Hard: Bentley, Lamborghini, and Porsche Sales Slump Last year, Bentley, Lamborghini, and Porsche sales plummeted by double digits compared to the previous year. Last year, sales of luxury car brands like Bentley in China dropped by double digits. As the economic downturn continued, local brands rushed to target the local new energy vehicle (NEV) market, leading to a sharp decline in the […]
Hyundai-Kia Engine Fire Recall: US Authorities Conclude Investigation [TheGuru=Yoon Jinwoong] Uncertainty over Hyundai-Kia's massive recall in the United States has been resolved. Local transportation authorities have closed an engine fire risk investigation. However, the agency's investigation into a recall related to leaking brake fluid is still open...
Polish Defense Minister Signals Possible Termination of South Korea Arms Deal The Polish Minister of Defense has made remarks suggesting that a weapons deal with South Korea is not feasible, leading to heightened concerns about contract termination. The claim is that if South Korea’s finances for Poland are blocked, contract fulfillment will be nearly impossible, even though South Korean weapons have the benefit of being purchased […]
South Korea Urged to Reduce China Dependency for Mineral Partnerships with Europe [TheGuru=Oh So-young] South Korea needs to reduce its dependence on China if it wants to strengthen mineral partnerships with Europe, including Ukraine, according to an argument. This is because Europe is also concerned about China's growing dominance in the battery minerals market...
BlackRock's Bullish Bet: AI-Driven Tech Stocks to Fuel U.S. Stock Market Rally BlackRock, the world’s largest asset management company, predicts that the U.S. stock market will continue to rally this year, driven by artificial intelligence (AI). The analysis suggests that tech stocks will yield high returns due to expectations of easing inflation and interest rate cuts. According to the U.S. investment specialist media, Market Watch, on the […]
US Accelerates Rare Earth Industry Growth to Counter China [TheGuru=Eung-Yong Jung] The United States is expected to accelerate the development of its own rare earth industry. With the value of rare earths increasingly high in various industries, the intention is to reduce the dependence on China for rare earths...
Adani Group: Plans to Build World's Largest Copper Factory in India [TheGuru=Eung-Yong Jung] India's largest conglomerate, the Adani Group, is building the world's largest copper plant. It is expected to reduce India's dependence on copper imports and contribute to the country's energy transition goals...
China Pours $161 Billion into Clean Energy – A Solar and Wind Power Revolution [TheGuru=Sunghwan Hong] China's investment in renewable energy, including solar and wind power, reached 190 trillion won last year, according to a new report...
Why Warren Buffett Loves Low-Cost S&P 500 ETFs: The Inside Scoop The Motley Fool, a leading U.S. investment publication, quoted investment guru Warren Buffett as saying why you should invest in a low-cost S&P 500 Index ETF...
Hyundai India Achieves Record Domestic Sales in January 2024 [TheGuru=Yoon Jin-woong] Hyundai Motor Company set a fast pace in the Indian market last month. The automaker's efforts to penetrate the domestic market with its overseas strategic small sport utility vehicle (SUV) model, the Creta, resulted in the most sales ever...
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