Pontiac G8 is Back (Sort of): GM Unveils Stunning Successor ConceptGeneral Motors has unveiled renderings of a modernized Pontiac G8 concept, showcasing a sporty design with aggressive features.
Cruise's $100K Fine: What They Didn't Tell You About Their Robotaxi MishapsFully self-driving technology that does not require driver intervention may feel like something from the distant future.
Chevrolet Malibu Discontinued in November 2024: Potential Revival as an Electric Vehicle?Malibu is to be discontinued in November 2024Possibility of revival with electric vehicles?What desi ...
Prosecutor General Lee Takes Charge in South Korean First Lady's 'Dior Bag Scandal'Prosecutor General Lee Won Seok stated that the investigation into the luxury bag case would be cond ...
Soccer Star Son Heung Min Speaks Out on Retirement in Joint Interview with Jun Ji HyunActress Jun Ji Hyun and soccer player Son Heung Min each reveal the inside stories of their careers, sparking curiosity. On March 18, Harper’s Bazaar Korea released the April issue double cover featuring Jun Ji Hyun and Son Heung Min. To kick off the magazine’s April issue, Son and Jun had their photoshoots in London […]
Women's Reserve Forces Battle Shortage Amid National CrisisThe State of Women Reserve ForcesSupport Activities for Combat Duties in EmergenciesDecreased Number of Personnel per Platoon After COVID Baengnyeongdo, the northernmost island in the West Sea, has the geographical characteristic of being just a stone’s throw away from North Korean land. In 1989, 25 women from this area came together under the motto, “I […]
Saudi Sovereign Wealth Fund Pledges $70 Billion Annually for Vision 2030 [TheGuru=HongSungHwan Lee] Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), plans to invest KRW 90 trillion annually starting in 2026 to fulfill its Vision 2030. "We plan to increase our annual capital deployment to $70 billion (about 93 trillion won) after 2025," PIF Governor Yasir Osman Alumayan said at the Future Investment Initiative (FII) conference in Miami, U.S., on Nov. 22, according to industry sources. Currently, PIFs invest between $40 billion and $50 billion (about $53 trillion and $67 trillion) annually. The fund invests 70 percent of its funds in Saudi Arabia and 20 to 25 percent abroad. "The share of foreign investments has decreased, but the volume has continued to grow," Alumayan said. "PIFs invested $100 billion (about $133 trillion) in each country between 2017 and 2023, creating more than 103,000 jobs," Alumayan said, emphasizing that "we have made a significant contribution to the U.S. economy." The PIF is the world's sixth-largest sovereign wealth fund with $600 billion in assets under management and is a key source of funding for Vision 2030 reforms. It is chaired by Saudi Arabia's Crown Prince Muhammad bin Salman, the country's de facto ruler. Saudi Arabia is implementing Vision 2030, a mid- to long-term development plan to move away from an oil-centric economy. It is a strategic national evolution plan to reduce the Saudi economy's dependence on oil, diversify its economic structure, and promote healthcare, education, infrastructure, recreation, and tourism. The goal is to expand non-oil exports from 16% in 2016 to 50% in 2030...
Shanghai Data Exchange Makes History with First Virtual Asset Issuance and Trading [TheGuru=Sunghwan Hong] China's Shanghai Data Exchange has successfully completed its first virtual asset issuance and trading. It is expected to accelerate the development of China's digital economy. On the 23rd, Shanghai Data Exchange announced that it has issued a total of 999 tradable virtual assets in cooperation with Guangming Dairy, a leading local dairy company. Shanghai Data Exchange is a semi-public organization that was established in November 2021. It officially began operations in January last year after more than a year of piloting. Data exchanges are places where data generated by companies such as aviation, transportation, power, telecommunications, legal, accounting, and finance are bought and sold as commodities. More than 100 companies and organizations, including data companies such as Shanghai Electric Power, China Eastern Airlines, and China Mobile Communications; law firms such as Sherry, Jindoo, and Zhongrun; accounting firms such as PricewaterhouseCoopers (PWC) and Deloitte; data providers such as Fusu Guoji, Youkeder, and Xinghuan Guoji; and financial institutions such as Construction Bank and Agricultural Bank, have signed agreements and registered on the Shanghai Data Exchange. China's data market is expected to reach 81.5 billion yuan in 2022, with an annual growth rate of 30% over the past few years. With the full operation of Shanghai Data Exchange, the market size is expected to reach 175 billion yuan in 2025...
North Korea-China Celebrate Air Transport Agreement Anniversary with Cultural Exchange Plans North Korea and China are expected to resume transportation, including air travel, and expand cultural exchanges as the two countries mark the Year of Friendship this year.The DPRK's Committee for Foreign Cultural Liaison and the General Administration of State Aviation jointly hosted a reception at the Okryugwan in Pyongyang on March 22 to commemorate the 65th anniversary of the signing of the DPRK-China Air Transport Agreement and the DPRK-China Cultural Cooperation Agreement. Seo Ho Won, chairman of the DPRK's Committee for Foreign Cultural Liaison, Park Kyong Chol, vice minister of culture, and Ri Young Sun, deputy director of the General Administration of Civil Aviation, attended the event, along with Chinese Ambassador to the DPRK Wang Yazhun, Chinese Ambassador to the DPRK Feng Chun Tai, and Chinese Counsellor Zhou Changting...
Saudi Arabia's Cash Reserves Plummet Amid Mega-Projects PushAs Saudi Arabia continues to push for mega-projects such as Neom City, it appears that their cash reserves are rapidly dwindling. As a result, they are expanding borrowing to secure funds for their ventures. According to a report by The Wall Street Journal (WSJ) on the 21st, as of September last year, the cash holdings […]
Uranium Investment Rebounds: Goldman Sachs and Macquarie Lead the ChargeUranium investment is gaining attention once again. This surge in interest is due to the rising prices of uranium, driven by an increased focus on nuclear energy. Global investment banks such as Goldman Sachs and Macquarie and hedge funds actively invest in uranium. According to industry insiders, on the 21st, Goldman Sachs, Macquarie, and hedge […]
Blackstone Brews Up Investment in Drive-Through Coffee SensationThe world’s largest private equity firm, Blackstone, has invested in the drive-thru coffee brand 7 Brew. Blackstone anticipates this investment to accelerate 7 Brew’s business expansion. Blackstone announced on the 14th (local time) that Blackstone Growth and its affiliated funds have made a growth equity investment in 7 Brew, but the exact size of the […]
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 […]
Survey Shows Majority of North Koreans 'Unhappy' about Kim Jong Un's Leadership SuccessionThe Korean Central News Agency reported on the 25th that the North Korean government held the 19th Enlarged Meeting of the Political Bureau of the 8th Central Committee of the Workers’ Party of Korea on the 23rd and 24th, chaired by Kim Jong Un. The meeting primarily addressed issues related to the vigorous implementation of […]
U.S. Overseas Nuclear Deployments Spark North Korean Response North Korea says strengthening its nuclear deterrent is an indispensable response to the expanding deployment of U.S. nuclear weapons overseas.North Korea's Korean Central News Agency (KCNA) made the statement on Feb. 2, introducing an article by Ri Ji-sung, a research fellow at the International Institute for Political Studies, titled "Reckless Maneuvers Increase Risk of Nuclear War.
How to Prevent Hair Loss: Avoid Daily Hair Wash [iNews24 Choi Ran Reporter] If you're over 40, washing your hair every day may actually be a bad idea to prevent hair loss, according to an expert.
Mercedes-Benz Investigates Kim Jong-un's Car Importation Route [iNews24 Reporter Seungpil Jung] German automaker Mercedes-Benz has launched an investigation into the influx of North Korea's highest-ranking officials to the year-end power meeting in its vehicles.
U.S. Concerned About North Korea's Operation of Light-water ReactorU.S. expresses "serious concerns, including safety" over North Korea's light-water reactor test operation, highlighting global threats.
The real reason the US can't build a semiconductor factory. TSMC's semiconductor factory (fab) under construction in Arizona, USA, is the crown jewel of the Joe Biden administration's Compelling Innovation and Progress in Semiconductors (CHIPS) Act. In the bill, Biden authorized $52.7 billion in subsidies for the semiconductor industry alone, much of it flowing to TSMC...
A 'disadvantage' of the other party...but 'this' that neither men nor women care about when remarrying? Dolsingers who want to remarry said that lack of education and poor family environment are disadvantages that do not have much impact on remarriage. Men's focus on money and women's focus on appearance were cited as barriers to remarriage...
Pontiac G8 is Back (Sort of): GM Unveils Stunning Successor Concept General Motors has unveiled renderings of a modernized Pontiac G8 concept, showcasing a sporty design with aggressive features.
Cruise's $100K Fine: What They Didn't Tell You About Their Robotaxi Mishaps Fully self-driving technology that does not require driver intervention may feel like something from the distant future.
Chevrolet Malibu Discontinued in November 2024: Potential Revival as an Electric Vehicle? Malibu is to be discontinued in November 2024Possibility of revival with electric vehicles?What desi ...
Prosecutor General Lee Takes Charge in South Korean First Lady's 'Dior Bag Scandal' Prosecutor General Lee Won Seok stated that the investigation into the luxury bag case would be cond ...
Soccer Star Son Heung Min Speaks Out on Retirement in Joint Interview with Jun Ji Hyun Actress Jun Ji Hyun and soccer player Son Heung Min each reveal the inside stories of their careers, sparking curiosity. On March 18, Harper’s Bazaar Korea released the April issue double cover featuring Jun Ji Hyun and Son Heung Min. To kick off the magazine’s April issue, Son and Jun had their photoshoots in London […]
Women's Reserve Forces Battle Shortage Amid National Crisis The State of Women Reserve ForcesSupport Activities for Combat Duties in EmergenciesDecreased Number of Personnel per Platoon After COVID Baengnyeongdo, the northernmost island in the West Sea, has the geographical characteristic of being just a stone’s throw away from North Korean land. In 1989, 25 women from this area came together under the motto, “I […]
Saudi Sovereign Wealth Fund Pledges $70 Billion Annually for Vision 2030 [TheGuru=HongSungHwan Lee] Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), plans to invest KRW 90 trillion annually starting in 2026 to fulfill its Vision 2030. "We plan to increase our annual capital deployment to $70 billion (about 93 trillion won) after 2025," PIF Governor Yasir Osman Alumayan said at the Future Investment Initiative (FII) conference in Miami, U.S., on Nov. 22, according to industry sources. Currently, PIFs invest between $40 billion and $50 billion (about $53 trillion and $67 trillion) annually. The fund invests 70 percent of its funds in Saudi Arabia and 20 to 25 percent abroad. "The share of foreign investments has decreased, but the volume has continued to grow," Alumayan said. "PIFs invested $100 billion (about $133 trillion) in each country between 2017 and 2023, creating more than 103,000 jobs," Alumayan said, emphasizing that "we have made a significant contribution to the U.S. economy." The PIF is the world's sixth-largest sovereign wealth fund with $600 billion in assets under management and is a key source of funding for Vision 2030 reforms. It is chaired by Saudi Arabia's Crown Prince Muhammad bin Salman, the country's de facto ruler. Saudi Arabia is implementing Vision 2030, a mid- to long-term development plan to move away from an oil-centric economy. It is a strategic national evolution plan to reduce the Saudi economy's dependence on oil, diversify its economic structure, and promote healthcare, education, infrastructure, recreation, and tourism. The goal is to expand non-oil exports from 16% in 2016 to 50% in 2030...
Shanghai Data Exchange Makes History with First Virtual Asset Issuance and Trading [TheGuru=Sunghwan Hong] China's Shanghai Data Exchange has successfully completed its first virtual asset issuance and trading. It is expected to accelerate the development of China's digital economy. On the 23rd, Shanghai Data Exchange announced that it has issued a total of 999 tradable virtual assets in cooperation with Guangming Dairy, a leading local dairy company. Shanghai Data Exchange is a semi-public organization that was established in November 2021. It officially began operations in January last year after more than a year of piloting. Data exchanges are places where data generated by companies such as aviation, transportation, power, telecommunications, legal, accounting, and finance are bought and sold as commodities. More than 100 companies and organizations, including data companies such as Shanghai Electric Power, China Eastern Airlines, and China Mobile Communications; law firms such as Sherry, Jindoo, and Zhongrun; accounting firms such as PricewaterhouseCoopers (PWC) and Deloitte; data providers such as Fusu Guoji, Youkeder, and Xinghuan Guoji; and financial institutions such as Construction Bank and Agricultural Bank, have signed agreements and registered on the Shanghai Data Exchange. China's data market is expected to reach 81.5 billion yuan in 2022, with an annual growth rate of 30% over the past few years. With the full operation of Shanghai Data Exchange, the market size is expected to reach 175 billion yuan in 2025...
North Korea-China Celebrate Air Transport Agreement Anniversary with Cultural Exchange Plans North Korea and China are expected to resume transportation, including air travel, and expand cultural exchanges as the two countries mark the Year of Friendship this year.The DPRK's Committee for Foreign Cultural Liaison and the General Administration of State Aviation jointly hosted a reception at the Okryugwan in Pyongyang on March 22 to commemorate the 65th anniversary of the signing of the DPRK-China Air Transport Agreement and the DPRK-China Cultural Cooperation Agreement. Seo Ho Won, chairman of the DPRK's Committee for Foreign Cultural Liaison, Park Kyong Chol, vice minister of culture, and Ri Young Sun, deputy director of the General Administration of Civil Aviation, attended the event, along with Chinese Ambassador to the DPRK Wang Yazhun, Chinese Ambassador to the DPRK Feng Chun Tai, and Chinese Counsellor Zhou Changting...
Saudi Arabia's Cash Reserves Plummet Amid Mega-Projects Push As Saudi Arabia continues to push for mega-projects such as Neom City, it appears that their cash reserves are rapidly dwindling. As a result, they are expanding borrowing to secure funds for their ventures. According to a report by The Wall Street Journal (WSJ) on the 21st, as of September last year, the cash holdings […]
Uranium Investment Rebounds: Goldman Sachs and Macquarie Lead the Charge Uranium investment is gaining attention once again. This surge in interest is due to the rising prices of uranium, driven by an increased focus on nuclear energy. Global investment banks such as Goldman Sachs and Macquarie and hedge funds actively invest in uranium. According to industry insiders, on the 21st, Goldman Sachs, Macquarie, and hedge […]
Blackstone Brews Up Investment in Drive-Through Coffee Sensation The world’s largest private equity firm, Blackstone, has invested in the drive-thru coffee brand 7 Brew. Blackstone anticipates this investment to accelerate 7 Brew’s business expansion. Blackstone announced on the 14th (local time) that Blackstone Growth and its affiliated funds have made a growth equity investment in 7 Brew, but the exact size of the […]
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 […]
Survey Shows Majority of North Koreans 'Unhappy' about Kim Jong Un's Leadership Succession The Korean Central News Agency reported on the 25th that the North Korean government held the 19th Enlarged Meeting of the Political Bureau of the 8th Central Committee of the Workers’ Party of Korea on the 23rd and 24th, chaired by Kim Jong Un. The meeting primarily addressed issues related to the vigorous implementation of […]
U.S. Overseas Nuclear Deployments Spark North Korean Response North Korea says strengthening its nuclear deterrent is an indispensable response to the expanding deployment of U.S. nuclear weapons overseas.North Korea's Korean Central News Agency (KCNA) made the statement on Feb. 2, introducing an article by Ri Ji-sung, a research fellow at the International Institute for Political Studies, titled "Reckless Maneuvers Increase Risk of Nuclear War.
How to Prevent Hair Loss: Avoid Daily Hair Wash [iNews24 Choi Ran Reporter] If you're over 40, washing your hair every day may actually be a bad idea to prevent hair loss, according to an expert.
Mercedes-Benz Investigates Kim Jong-un's Car Importation Route [iNews24 Reporter Seungpil Jung] German automaker Mercedes-Benz has launched an investigation into the influx of North Korea's highest-ranking officials to the year-end power meeting in its vehicles.
U.S. Concerned About North Korea's Operation of Light-water Reactor U.S. expresses "serious concerns, including safety" over North Korea's light-water reactor test operation, highlighting global threats.
The real reason the US can't build a semiconductor factory. TSMC's semiconductor factory (fab) under construction in Arizona, USA, is the crown jewel of the Joe Biden administration's Compelling Innovation and Progress in Semiconductors (CHIPS) Act. In the bill, Biden authorized $52.7 billion in subsidies for the semiconductor industry alone, much of it flowing to TSMC...
A 'disadvantage' of the other party...but 'this' that neither men nor women care about when remarrying? Dolsingers who want to remarry said that lack of education and poor family environment are disadvantages that do not have much impact on remarriage. Men's focus on money and women's focus on appearance were cited as barriers to remarriage...
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