Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand 
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
AI Memory Chip Shortage Likely to Persist Despite Korea Investment Boom, Nomura Says 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
South Korea's Hyundai Motor Co. and Kia Corp. sold a combined 227,919 EVs in Europe as of May, with Hyundai selling 131,719 units, and Kia totaling 96,200 units.
The two carmakers under the Hyundai Motor Group began selling EVs there in 2014.
Their cumulative EV sales in Europe surpassed 10,000 cars in 2017 and topped 100,000 last year.
This year, Hyundai and Kia have so far sold a combined 43,865 EVs in Europe, up 99.5 percent from last year.
The top-selling model in Europe was Hyundai's Kona EV, with sales of 91,302 units, followed by the Kia Niro EV with 58,774.
The two automakers expect more EV sales in Europe with their new EVs releases: Hyundai all-electric IONIQ 5 last month, and Kia's EV6 to be offered in the second half of the year.
Europe accounted for about 40 percent of last year's global EV of 3.24 million units.
To expand their EV infrastructure, Hyundai and Kia acquired a 20 percent stake in IONITY GmbH, which runs Europe's largest high-power EV charging station network.
