Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom 
Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures 
Wall Street Rebounds as Investors Eye Tariff Uncertainty, Jobs Report 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Do investment tax breaks work? A new study finds the evidence is ‘mixed at best’ 
China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says 
The pandemic is still disrupting young people’s careers 
Bitcoin Hits $100K Milestone Amid Optimism Over Trump Policies 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
Ferrari Group to Launch IPO in Amsterdam, Targets Over $1 Billion Valuation 
Why financial hardship is more likely if you’re disabled or sick 
KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
What’s the difference between baking powder and baking soda? It’s subtle, but significant 
The Renault Group will invest $700 million in South Korea as its key export hub, according to its CEO, Luca de Meo.
Renault Korea has a sole plant with an annual capacity of 300,000 units in Busan and has no plan to expand the facility.
The Renault CEO said the Busan plant will serve as the export hub of mid- and large-sized vehicles for the French company.
Renault Korea sold 123,373 automobiles in total between January and September, a 36 percent increase from 90,552 during the same time last year.
The business projects that it will sell over 160,000 automobiles in 2022 in the fourth-largest economy in Asia, a significant increase from the 116,166 vehicles it sold in the previous year.
To boost sales, Renault Korea recently added the XM3 gasoline hybrid model to its roster, which also includes the QM6 SUV, SM6 sedan, and the Twizy electric vehicle.
Renault Korea will collaborate with Geely Automobile Holdings, the largest privately held automaker in China, to introduce a mid-sized hybrid model to the market in 2024.
In May, Geely said it will acquire a 34.02 percent stake in Renault’s Korean unit.
