BUSINESS
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China's Economic Dominance Faces Challenges: What Lies Ahead? China's economic dominance narrative falters as forecasts push back surpassing the U.S. to 2037, raising concerns. -
Can Biden Bounce Back? U.S. Economy and 2024 Election Prospects South Korean analysts expect U.S. economy's global growth leadership with positive impact; uncertainty lingers due to U.S.-China tensions. -
Authorities Seize 68.8 Billion Won Worth of Fake Watches Smuggled from China Korea Customs Service seized more than 370,000 items, including counterfeit luxury watches made in China, worth KRW 68.8 billion during a crackdown on overseas direct sales. The agency also deleted and modified more than 43,000 posts related to the sale of illegally imported goods and suspended more than 400 user accounts... -
Apple Watch Temporarily Cleared for Sale in the US as Court Rules The U.S. Federal Circuit Court of Appeals temporarily suspends Apple Watch import ban amid patent dispute with Masimo. -
Trump Plans 10% Tariff Hike on All Imports Hinting at 'Trade War Season 2 Former U.S. President Donald Trump, who is running for re-election next year, plans to raise tariffs on all foreign imports, including those from allies, by 10 percent if he wins. If realized, the plan could spark a global trade war by spreading protectionism, including retaliatory tariffs by other countries... -
U.S. Import Ban Hits Apple Watch: Samsung Eyes Smartwatch Market U.S. upholds Apple Watch import ban, granting Samsung an unexpected opportunity in the competitive smartwatch market. -
Sam Altman Invests in 125 Startups: Is He the Next Elon Musk? OpenAI's CEO, Sam Altman, invested $550 million in 125 startups, focusing on energy, biotech, and cutting-edge technology fields. -
Tesla Faces Setback as Swedish Strike Case Ends in Defeat Tesla has lost its court appeal to mitigate the impact of the Swedish strike. For the past two months, Tesla service workers in Sweden have been on strike to be included in a collective bargaining agreement. The strikes were in support of unionization... -
U.S. Government Contemplates Increase Tariff on Chinese Goods Including Electric Vehicles The U.S. government is considering raising tariffs on certain Chinese goods, including electric cars, as part of a long-term review. -
US Government Takes Aim at Chinese-Made Legacy Chips: Tariffs on Radar The U.S. government plans to counter low-cost Chinese-made legacy chips with tariffs after investigating procurement by domestic companies. -
Which Car Owners Are Most Accident-Prone? Driving Habits Exposed Ram pickup truck drivers have the highest accident rate in the U.S., while Mercury luxury car drivers have the lowest. -
Forbes Reveals the Year's Most Profitable Billionaires in 2023 Among the world's billionaires, Tesla CEO Elon Musk was the one who increased his wealth the most this year, the U.S. economic magazine Forbes announced on Nov. 19 (local time)... -
Alibaba's Change in E-commerce Leadership Sparks Speculation of Possible Sale China's Alibaba, which recently replaced the head of its e-commerce division in a shake-up, has been embroiled in talks to sell a major business. The company's performance has been sluggish due to a lack of consumer sentiment in China, and its market position has been shaken by the rise of new competitors such as Pindududu (PDD Holdings)... -
Window Breakage of Chinese-Made Tesla Priced at $16,800 Alarms Speculations Tesla 'Y RWD' models manufactured in China have been reported to have their rear windows suddenly break. Owners are criticizing the quality of glass made in China, claiming that it broke without any external impact. In response, users are speculating about the 'jaffa phenomenon' as the cause... -
Apple Watch Import Ban: White House Holds the Key to Sales Resumption It has been reported that the US International Trade Commission (ITC) has denied a request to delay the Apple Watch import ban, leaving only the White House to stop Apple Watch sales. As a result, Apple Watch sales are effectively blocked, and Apple's stock price has fallen. -
POSCO Secures 14th Consecutive Win as the World's Top Steelmaker POSCO ranked as the world's most competitive steelmaker for the 14th consecutive year. Highest scores in technological innovation, processing costs, human resources, etc. -
Chinese car makers increase investment in Mexico, they had a plan [Backbook Global]. Chinese electric car makers are investing heavily in Mexico, with plans to circumvent the country's inflation-reducing laws... -
EU Takes on Elon Musk's X, Launches Full-Scale Investigation into Fake News EU initiates investigation into X (formerly Twitter) for Digital Services Act (DSA) violations related to fake news and illegal content. -
Elon Musk's Revenge? Tesla Users Lose Access to Disney+ Streaming Elon Musk takes photos with son at political festival, Tesla removes Disney+ from vehicles in response to ad dispute. -
Apple Watch 9 Sales Stopped in the US Over Patent Infringement Dispute Apple halts sales of Apple Watch Series 9 and Apple Watch Ultra 2 in the U.S. due to patent infringement allegations.
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