Hyundai's IPO Move: Banking on India's Auto Boom to Replace China and RussiaWorld’s 3rd largest auto market with steep growth trendLarge-scale funding is required to secure a leading positionAn additional 1 trillion won for hydrogen and electric vehicle ecosystemIPO fund will be used to execute investments Hyundai Motor Company (Hyundai) is planning an initial public offering (IPO) of its Indian subsidiary to meet the surging demand for […]
President Biden Declines Super Bowl Interview For the second year in a row, President Joe Biden has declined a Super Bowl interview. While interpretations of the reasons vary, it is speculated that Biden's distrust of the media and avoidance of the risk of advancing age are among the reasons...
China's Anti-Corruption Drive: 110,000 Party Officials Face Disciplinary Action The Chinese Communist Party's assessment work led to the discipline of nearly 110,000 party officials last year. The cases, up 13 percent from a year earlier, were mainly related to anti-corruption campaigns and the implementation of development and environmental protection policies...
Donal Trump Calls Hillary Clinton a Crook Former U.S. President Donald Trump has been criticized for his degrading comments about women, suggesting that he is losing the female vote. Trump's mocking assessment of former U.N. Ambassador Nikki Haley, who has often made demeaning remarks about women in the past...
Japan's Lunar Rover Nails Perfect Moon Landing, Scoring 100 Out of 100 The Japanese lunar rover 'Slim' made a pinpoint landing on the moon, marking an achievement for lunar surface exploration. The landing was successful within a 100-meter error, an advantageous technique for finding water resources on the lunar surface. However, the continuation of activities until sunset was not satisfactory...
China's $18.9 Trillion Economy Struggles with Debt, Deflation, De-risking, and Demographics China's economy unstable, youth unemployment severe. Facing 4D economic disaster: debt, deflation, deleveraging, and demographics. Real estate sector can be replaced by new growth model, but change and pain required. Concerns grow over China's policy direction.
Elon Musk Visits Auschwitz and Denies Making Many Anti-Semitic Remarks Tesla CEO Elon Musk visited the Auschwitz death camp in an attempt to defuse an anti-Semitism controversy. Musk said his comments at the European Jewish Congress debate were innocent, and claimed that X has the least anti-Semitism...
Trump On a Roll After His Dominant Win… 'Make America Great Again' In a landslide victory for the U.S. Republican presidential nomination, Donald Trump emphasized unity and putting America first. The other candidates have shown their intentions to stay in the race. Mr. Trump criticized the illegal immigration issue and President Biden...
Hamas Blames Israel for Lost Lives Among Many Hostages Palestinian militant group Hamas has blamed Israel for the deaths of hostages held in Gaza, claiming that their fate is uncertain. The families of the hostages have staged protests calling for their release...
Russia's Attack: 626 Chemical Weapons, Iranian Drones, and North Korean Missiles Involved The Russian military continues to use banned chemical weapons in Ukraine, supplementing its arsenal with Iranian drones and North Korean ballistic missiles. Recently, Russia has intensified its air strikes against Ukraine, and is also in talks with Iran to receive short-range ballistic missiles...
U.S. to Send 'Unofficial' Envoys to Taiwan Post-Election, China Not HappyU.S. to send high-level delegation to Taiwan after presidential election, China opposes official contact with Taiwan.
Elon Musk's X Expected to Launch New Payment Function in 2024 Elon Musk's social media company X said it will launch a person-to-person financial transaction service this year. X said it will offer more user convenience and new commerce opportunities, and will seek to make changes in 2024...
Is China Trying to Steal Korean Culture Once Again? A TikTok video introducing Korean stew as a Chinese dish has become controversial. As the problem of Chinese stealing Korean culture through the 'cultural process' continues, there are opinions that this needs attention...
Israel and Hamas Long-Term Conflict Until February: Hamas Declares 'No Surrender' The war between Israel and the Palestinians continues, with both sides reaffirming that there will be no ceasefire or end to the conflict. Israel has signaled its commitment to a protracted war, hinting at a continued military presence, while Hamas has maintained its commitment to fighting...
Escalating War Risk: Iranian Supreme Leader "Islam, Don't Sell Oil, Food to Israel"Reuters/Yonhap News Ayatollah Ali Khamenei, Iran’s Supreme Leader, has urged Islamic nations to impose oil and food embargoes on Israel, according to a report by Reuters citing Iranian state media on the 1st (local time). According to the report, Khamenei, in a speech to students in Tehran, stated, “The bombing of the Gaza Strip must […]
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