UK Housebuilder Stocks Surge on New First-Time Buyer Loan Scheme 
QNT Whales Move $10M to Exchanges After 400% Rally 
Japan Warns Markets Over Yen Weakness 
China Cuts Tariffs on U.S. Farm Goods but Excludes Soybeans 
Anthropic Targets $2 Trillion Valuation in Planned IPO 
Asian Currencies Weaken as Dollar, Oil Prices Rise 
Australia Inflation Accelerates to 4% After RBA Rate Hike 
US Alcohol Ban Exposes Canada’s Internal Trade Barriers 
Asian Stocks Rise as Bond Yields Ease Ahead of U.S. Inflation Data 
Asian Currencies Mixed as Yen Weakens, RBA Hike Looms 
Toyota Global Sales Fall for Seventh Month as China Demand Slumps 
Fed’s Williams Signals One More Rate Hike Before Year-End 
Robinhood Chain Meme Coins Slide as Stock Token Locks Rise 
Goldman Sachs Eyes John Waldron as CEO Successor 
Bitwise Launches NEAR ETF as $562 Bull Case Fuels AI Crypto Buzz 
Binance Pay Goes Live at PayPay Merchants in Japan 
Hengrui Shares Rise on $2.6 Billion Novo Nordisk Obesity Drug Deal 
Add as a preferred source on Google
South Korean carmakers Hyundai Motor Co. and its affiliate Kia Corp. now face a movement for an online boycott after being embroiled in a territorial dispute.
Several local netizens via social media are calling on boycotting the two carmakers, which have been leading India’s automobile market, under the hashtags ‘#boycotthyundai’ and others.
Nishat Group, Hyundai Motor’s Pakistani partner, and Kia Motors Crossroads-Hyderabad, recently posted a tweet asking followers to “remember and support the sacrifices of our Kashmir brothers.”
The posts appeared on Kashmir Solidarity Day, a national holiday in Pakistan, on Feb. 5.
Kashmir is a source of a decades-old dispute between India and Pakistan, as the two nuclear-armed neighbors control parts of the Himalayan territory but both lay claims to all of it.
While Hyundai Motor does not have an official branch in Pakistan and it was only a local dealership that posted the tweet, the posts have sparked anguish in India with many claiming that Hyundai Motor is ‘supporting Pakistan.’
In response, Hyundai Motor’s India branch posted an official tweet on Sunday, taking down the controversial tweets and sending a strong warning to the dealership in Pakistan.
Hyundai Motor India said it has been committed to the Indian market for more than 25 years now and will continue its efforts towards the betterment of the country as well as its citizens.
