Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
A new division under the Ministry of Trade, Industry, and Energy that would be responsible for developing electric vehicle and hydrogen car-related technologies would be launched on Nov. 11.
The move is in line with South Korea's efforts to foster environment-friendly automobiles.
Last week, the country announced it would boost the number of accumulated sales of electric vehicles (EV) to 1.13 million and of hydrogen fuel cell automobiles to 200,000, by 2025.
In September, the number of EVs on South Korean roads reached 120,000, while those of hydrogen cars were at around 9,500.
To encourage the use of eco-friendly cars, the country will implement tax deductions on EVs by 2022 and work closely with private firms to reduce the prices of major parts.
