Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Instagram Outage Disrupts Thousands of U.S. Users 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Shinsegae I&C Inc. and Tmap Mobility Co. Ltd. have joined forces for the expansion of their electric car charging business. The companies confirmed their partnership earlier this week.
Under the terms agreed upon by Shinsegae I&C and Tmap Mobility, the latter will provide real-time information on the exact location and usage of chargers. The tracking will be done through its Tmap navigation app which will also provide directions to charging station locations and payment, according to The Korea Economic Daily.
Shinsegae I&C has been offering electric vehicle charging services called "Spharos EV" and it is planning to operate the program based on big data from Tmap. Data to be used include the number of vehicles that were provided with directions and the number of destination searches.
In any case, the signing of the memorandum of understanding (MOU) was held during a ceremony at the headquarters of Shinsegae I&C in Jung-gu, Seoul. The event was attended by Tmap Mobility chief executive officer, Lee Jong Ho and the IT service management company’s chief, Hyung Hyung Joon.
"We expect that we will be able to introduce new services that can lead the industry by combining Shinsegae I&C 's differentiated charging technology and infrastructure with Tmap Mobility's platform-based powerful data capabilities,” Shinsegae I&C’s CEO said in a press release. “We will continue to make continuous efforts to provide innovative and differentiated charging experiences to customers who use charging services in all areas, including Sparos EV's unique technology, platform, and infrastructure.”
Tmap Mobility’s Lee Jong Ho added, “The meeting of Shinsegae I&C’s electric vehicle charging infrastructure and TMAP ’s AI and big data competitiveness will further enhance the convenience of electric vehicle users.”
Meanwhile, Shinsegae I&C’s Spharos EV will be used for the charging service. It will rely on Tmap Mobility’s data to obtain real-time information in programming its system for its collaborative service offering.
