US News

Sanchez Warns: A Trade War Between US and EU Benefits No One

Spanish Prime Minister Pedro Sanchez highlights the negative impact of a US-EU trade war, emphasizing the importance of strengthening transatlantic economic ties over engaging in c...

TikTok's US Website Access Partially Restored Amid National Security Ban

Some US users regained access to TikTok's website on Sunday, amidst a national security ban that took effect the same day. The TikTok app remains unavailable, with further updates ...

China Launches Probe into US Semiconductor Subsidies Amid Trade Tensions

China's Commerce Ministry is investigating US subsidies for mature semiconductors, following complaints from Chinese businesses about unfair competition. Additionally, preliminary ...

Meta Temporarily Halts Fact-Checking in the US: A Strategic Shift or Political Move?

Meta Platforms Inc. has temporarily stopped its fact-checking services in the US, signaling a shift towards a community-driven approach to misinformation, similar to Elon Musk's X ...

Kia Shatters Records: EV Sales Soar by 74% in the US, Marking a Historic Year

Kia Corporation reports a 74% surge in EV sales in the US for 2024, contributing to a record-breaking year with 796,488 vehicles sold. The EV9 leads with a 1,869% growth, underscor...

China Escalates Tensions: New Sanctions on US Firms for Taiwan Arms Sales

China has announced new sanctions against seven US military firms and executives involved in arms sales to Taiwan, in response to the US's increased military assistance to Taiwan t...

Seven & i Holdings to Expand Convenience Store Presence in US and Canada by 2027

Seven & i Holdings plans to open 500 new convenience stores in the US and Canada by 2027, amidst a takeover bid by the Ito family and competition from Alimentation Couche-Tard.

SoftBank CEO to Invest $100 Billion in US, Creating 100,000 AI Jobs

SoftBank Corp. CEO Masayoshi Son is expected to announce a $100 billion investment in the US, creating 100,000 AI jobs, during a meeting with President-elect Donald Trump.

Trump Vows to Make US a Crypto Leader, Sparks Market Rally

US President-elect Donald Trump pledges to prioritize the crypto industry, aiming to make the US a global leader. His remarks sparked a market rally, with Bitcoin and Ethereum seei...

Coinbase CEO Warns: Crypto Firms May Move Offshore Without Clear Regulations

Coinbase CEO Brian Armstrong warns that without clear regulations, crypto firms may develop 'offshore'. He calls for regulatory clarity in 'onshore' locations such as the UK and th...

Amorepacific Faces Unexpected China Losses, Impacting Earnings

Amorepacific's growth in the US and Southeast Asia may not be enough to counterbalance the significant cost issues arising from its ongoing operational reshuffle in China. The oper...

2025 Global Auto Industry Outlook: Stable Yet Challenging

Fitch Ratings announced a neutral outlook for the global automotive sector in 2025, projecting a 2% increase in light vehicle sales. Challenges in Europe and China due to macroecon...

2025 Global Auto Industry Outlook: Stable Growth Amidst Challenges

Fitch Ratings projects a 2% increase in global light vehicle sales for 2025, maintaining a neutral outlook. Challenges in Europe and China due to macroeconomic pressures will resul...