Kia Tasman Pickup Truck Design Amazes Car EnthusiastsKia’s pickup truck, the TasmanFeaturing a grille filling the frontAttracting attention with its bold design Kia is getting closer to releasing its pickup truck, the Tasman. Test cars in camouflage have been spotted multiple times, and with the demand for pickup trucks increasing domestically, there are high expectations for the Tasman. As anticipation grows for […]
Jeep Accelerates Electric Vehicle Plans: Wagoneer S Coming to U.S. Market in Q2Jeep plans to launch its first battery electric vehicle, the Wagoneer S (pictured above), for the U.S. market as early as the second quarter. It was initially planned to be launched at the end of this year. This is what Jeep CEO Antonio Filosa revealed to local U.S. media. Next, the automaker plans to launch […]
U.S. Rethinks Electric Vehicle Goals for Auto Sector The U.S. government is expected to enact regulations mandating emissions reductions proposed by the Environmental Protection Agency as early as March 2023...
Bitcoin Surges Above $52,000, Hits $1 Trillion Market CapThe current price of Bitcoin has exceeded about $52,000 (based on the Upbit exchange), pushing its market capitalization to over $1 trillion. According to the virtual asset (cryptocurrency) statistics site CoinGecko, at 9:50 AM on the 15th, Bitcoin was traded at $52,361.74, a 5.8% surge from the previous day’s average price on significant exchanges. Ethereum […]
Huawei Bounces Back: Regains Top Spot in China Amidst U.S. Sanctions AsiaToday Beijing Correspondent Hong Soondo = China's largest telecommunications equipment maker Huawei, which had been battered by U.S. sanctions on its semiconductors, is showing its mettle with a series of impressive results...
US Tech Companies Surge as Chinese Counterparts Struggle AsiaToday Washington Correspondent Harmanjoo Hamanjoo = The concentration of global funds in the United States is deepening to its highest level in 20 years, while outflows from China are heading to India, according to a new survey...
Security Concerns Drive U.S. Debate on Regulating Chinese Electric Cars The U.S. government has hinted at possible regulations on Chinese-made electric vehicles, citing 'security risks'. After the European Union (EU) investigated subsidies for Chinese electric vehicles last year, the U.S. is also moving to regulate Chinese electric vehicles...
Trump's 'America First' Policy: A 60% Tariff Threat Looms Over Foreign Cars "I want all kinds of cars to be made in the U.S." Former President Donald Trump (pictured), who is seeking to return to power in November's U.S. presidential election, has been making a series of "America First" pledges...
President Yoon's 10-Second Visit at Site of Traditional Market Fire Sparks Disappointment The fire at Seocheon Market prompted a protest against President Yoon's visit. President Yoon promised support, and the presidential office conveyed their gratitude and appeals for help...
MLB Pitcher Hyun Jin Ryu Expected to Secure $11.2 Million Deal [Sports Illustrated's Kim Kyung-hyun] Ryu Hyun-jin is expected to sign a contract worth around 15 billion won, according to local media. The American media outlet The Athletic highlighted the players who remain in the free agent market as of Friday.
Microsoft Tops Apple as the World's Most Valuable Company AsiaToday Washington Correspondent HAMANJOO WASHINGTON = Microsoft (MS) on Monday (Nov. 11) temporarily overtook Apple to top the market capitalization of the New York Stock Exchange. MS rose about 2 percent in early morning trading on the New York Stock Exchange, bringing its market capitalization to $2.875 trillion.
Trump Hopes US Market Crashes During Biden's Presidency Term "US economy very vulnerable" "I don't want to be like Hoover in the Great Depression" Former US President Donald Trump has spoken candidly about his feelings on the US economic crisis...
China's Self-Heating Instant Food Market Surges to $700 MillionChina's self-heating instant food market grew to $790 million in 2022, with a 7% annual growth rate over five years.
Disappointing 2023 for GM's EVs, Share Slips to 3.1% Q4GM's Q4 2023 electric vehicle (EV) sales in the U.S. make up just 3.1% of total sales, falling short of expectations.
Audi's U.S. Sales Soar: Electric Cars Lead the Charge with 55% RiseAudi reports a 22% increase in 2023 U.S. car sales, with 25,000 units of battery electric vehicles, indicating a growing market.
Tesla: 1.8 Million Cars Sold in 2023 Tesla's Q4 2023 sales increased 19.55% year-over-year to 484,507 vehicles. Model 3 and Model Y sales totaled 461,538 units in the quarter, slightly below market expectations...
Binance, the world's largest virtual currency exchange, agrees to pay $5.7 billion fine, withdraw from U.S. market. AsiaToday By Haman Joo Washington Correspondent = Binance, the world's largest virtual currency exchange, pleaded guilty to charges of brokering transactions with U.S. government sanctioned entities such as North Korea and failing to have anti-money laundering systems in place, and paid the largest fine in its history.
Apple, Will they dominate the Indian smartphone market?- posts largest Q3 shipments. Apple posted its largest quarterly shipments ever in the Indian market in the third quarter, which has long been a key market for mid-range smartphones. The company shipped 2.5 million smartphones in India in the third quarter, according to market research firm Counterpoint Research.
President Yoon Seok-yeol's wristwatch on the used market, unexpected price revealed All past governments have produced 'Presidential Commemorative Watches' as gifts for figures across all sectors of society. As these watches are typically used as thank-you gifts, they are not available for sale. However, they have recently become a hot topic as they have surfaced in the second-hand market.
Hot Topics