Articles for tag: Boost, Collaboration, Express, Indias, Industry, Interest, Investments, Japan, Korea, Potential, Sees, Shipbuilding, South

September 15, 2024

India’s shipbuilding industry sees a potential boost as Japan and South Korea express interest in investments and collaboration.

Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, announced that Japan and South Korea are interested in investing in India’s shipbuilding industry. This could lead to direct investments, joint ventures, and technology sharing, enhancing India’s capabilities in this sector. To further develop shipbuilding, the ministry plans to create multiple clusters with the help of ...

September 10, 2024

Market News

Business

South Korea probes Mercedes-Benz after a fire linked to their EQE vehicle’s Farasis batteries damaged 140 cars and displaced residents.

South Korea’s antitrust regulator is investigating Mercedes-Benz Korea following a fire incident involving one of its electric vehicles in Incheon that damaged around 140 cars and forced residents to evacuate. The fire occurred on August 1, and authorities are probing whether the company misled consumers regarding its battery suppliers. The Mercedes EQE vehicle involved in ...

September 3, 2024

Market News

Business

Kim Jong Un’s Drone Warfare Escalates Amid US-South Korea Military Drills

North Korean leader Kim Jong Un recently oversaw tests of new exploding drones designed to hit targets directly. This demonstration coincided with ongoing large-scale military drills by the US and South Korea, which focus on enhancing readiness against North Korean threats. As part of their exercises, South Korea showcased advanced fighter jets like the F-35 ...