BUSINESS
-
Korean Battery Industry Competes with China Focusing on the US IRA Despite the rapid growth of China's battery industry, it is expected to slow down due to overcapacity and the US-China conflict. Chinese battery makers are waging a low-cost offensive in the European market, and trilateral competition is expected to become more intense. -
U.S. Takes Big Step with Eco-Friendly Airplane Fuel [TheGuru=Soyoung Oh] Major US airlines are expanding their use of sustainable aviation fuel (SAF) in response to carbon neutrality. Local governments have offered significant tax incentives to support SAF production and use. The U.S. SAF market is expected to grow rapidly... -
The World's Wealthiest Female CEO A new study shows that women CEOs are the highest paid in the UK. -
Hong Kong Launches Bitcoin Investment Fund, Following the U.S. [TheGuru=Sung-Hwan Hong] Following the US, Hong Kong is expected to launch a Bitcoin spot exchange traded fund (ETF) soon. It is expected to be a good news for the crypto industry if it is actually launched. -
Chinese Automaker BYD Accused of 'Shamelessly Copying' Iconic Ford F150 in Pickup Truck Design BYD's Pickup Truck Test Leaks Looks Like a Ford Pickup TruckWill be officially unveiled in the first half of this year BYD, the Chinese electric car maker that beat Tesla to the top spot in Q4 sales last year. -
China's Economy Grows by 5.2% in 2023, But Slowdown Expected in 2024 Today Korea=Jin Min-seok reporter | China recorded a remarkable economic growth rate of 5.2% last year, the first year of the 'With Corona' program... -
SAIC Motor Corp. GOALS FOR 1.5 MILLION Overseas SELLING IN 2025 China's SAIC Motor Corp announced that it has set overseas sales targets of 1.35 million units in 2024, up 12% year-on-year, and 1.5 million units in 2025. -
Shocking Reality of China's Real Estate: Is it Headed for a Meltdown? AsiaToday Hong Soon-do, Beijing Correspondent = China's real estate industry crisis is finally becoming a reality and is expected to be a major factor in deteriorating growth rates. In the worst case scenario, the entire industry could collapse... -
Elon Musk Pushes for Bigger Tesla Stake to Grow AI, Robotics Ventures Currently holds 13% of all Tesla shares "Influential, but not enough" Tesla CEO Elon Musk says he's not comfortable building Tesla into a leader in artificial intelligence (AI) and robotics without securing at least 25% of the voting power. -
OpenAI Lifts Ban on Military Use: What Does This Mean for AI Technology? [infostockdaily=seo_donghwan] OpenAI has changed its usage policy, removing language prohibiting the use of its technology for military purposes... -
Warren Buffett's Top 3 Super Stocks for January: Apple, OXY, and MasterCard The Motley Fool recommends three Warren Buffett super stocks for January: Apple, Occidental Petroleum, and MasterCard. -
U.S. to Add 7,500 EV Charging Stations with $623 Million Investment The US will invest $623 million to add 7,500 electric vehicle charging stations, part of President Biden's infrastructure plan. -
The 30 Best Places to Work in the World in 2023 The Best Places to Work organization's 2023 list of the world's top 30 best workplaces includes Novo Nordisk, Takeda, and AstraZeneca. -
Tesla's German Factory Shuts Down Amid Red Sea Crisis, Parts Shortage Tesla's German factory suspends operations for two weeks due to Red Sea conflict-caused parts shortage, raising supply chain concerns. -
Hyundai-Kia Motors Sets New Monthly Sales Record in USA Last year, 165,200 units were sold in the United States... Eco-friendly cars, Genesis, and RVs led the sales expansion Eco-friendly car sales also reached 278,000 units 'the largest ever'... This year, the company aims to sell 1 million eco-friendly cars Hyundai and Kia achieved an all-time sales record in the United States last year. -
China's Exports Drop by 4.6% ...First Time in Seven Years Exports recovered in the second half of the year Imports fell as exports fell Automobile and ship exports rose 16% ↓ Exports to Taiwan and the Philippines fell 7.2% ↓ Exports to South Korea fell 7.2% Last year, China's exports fell for the first time since 2016. The decline amounted to 4.6%... -
Germany Resumes Arms Supply to Saudi Arabia After 5 Years Amidst Changing Middle East Landscape Germany decides to supply short-range air-to-air missile IRIS-T to Saudi Arabia after years of arms embargo reconsideration. -
Bitcoin ETF Approval Rumors Proven False, SEC Chairman Blames Hacking Fake news about the approval of a Bitcoin ETF by the U.S. SEC caused a sudden surge and drop in Bitcoin's price. -
SEC's X Account Hacked Spreading False News of Bitcoin ETF Approval The US Securities and Exchange Commission has denied that it has approved a Bitcoin ETF. The SEC said the message from the hacked account was unauthorized. The price of Bitcoin temporarily rose in response, but then dropped again. -
Top 25 Safest Airlines in 2025 Revealed: 1st Place Goes to... Korean Air ranks 12th in the Top 25 Safest Airlines for 2024, with Air New Zealand securing the top position.
All content of Gangnam Times is protected by copyright law, and unauthorized reproduction, copying, distribution, etc. are prohibited.
© Copyright by Gangnam Times. All Rights Reserved.
Hot Topics