South Korea has witnessed a significant uptick in car shipments, recording a 10 percent increase in April 2024, according to recent official data released by the Ministry of Trade, Industry and Energy.
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This section brings you news reports from around the world, covering global events, politics, economy, and more. Stay informed with the latest international updates and developments.
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Toyota Motor Reports Record Earnings of 4.94 Trillion Yen
Toyota Motor Corporation announced a historic milestone, reporting a record net profit of 4.94 trillion yen (approximately $31.82 billion USD) for the fiscal year 2023, ending in March.
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Bangladesh Export Hits $47.47 Billion in Ten Months of FY24
Dhaka, May 5, 2024 –Bangladesh has reported a growth in its export revenues, achieving a substantial $47.47 billion in the first ten months of the fiscal year 2024.
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India Records Historic GST Collection of $25.16 Billion in April
India has reached a new milestone in its financial records this April by amassing an unprecedented $25.16 billion in Goods and Services Tax (GST) collections.
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BMW Displays i4, Concept, Plans 20 Models for China
At the recent Beijing auto show, BMW Group showcased its latest offerings, including the revamped BMW i4 and an exciting concept car, alongside revealing plans for over 20 new models tailored for the Chinese market.
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China Set to Reduce Petroleum Prices on April 30
April 29, 2024 – Beijing – In a move responding to the recent shifts in international oil prices, China is set to reduce retail petroleum prices starting April 30, 2024.
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China Intensifies Crackdown on Illegal Online External Links
In a major push to fortify internet regulation, China has initiated a two-month nationwide campaign to eradicate illegal external links across social networks and various online platforms.
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Experts Predict 6G Commercial Availability by 2030
By 2030, sixth-generation wireless technology, commonly referred to as 6G, is expected to be commercially available in regions with the necessary infrastructure, including China, according to experts.
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BMW Expands Chinese Operations with $2.8 Billion Investment
BMW AG has announced a significant expansion of its investment in China with an infusion of 20 billion yuan (approximately $2.81 billion) into its Shenyang production base.
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China Enacts New Customs Duties Law
Beijing, April 28, 2024 – In a significant move aimed at promoting a more open economy, China has officially passed a new law on customs duties, state media Xinhua reported on Friday.
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