• New World

    Volkswagen Group’s operating profit plunges 33% in the first half of the year, with the Chinese and US markets dragging down performance significantly

    Recently, Volkswagen Group of Germany released its financial results for the first half of 2025, which fell short of market expectations. Specific data shows that the group achieved sales revenue of €158.4 billion in the first half of the year, a slight decrease of 0.3% compared to the same period last year. Operating profit suffered a significant decline, reaching only 6.7 billion euros, a sharp drop of approximately 33% year-over-year, while net profit also decreased by 38.36% to 4.477 billion euros. In terms of sales volume, Volkswagen Group sold a total of 4.363 million vehicles globally in the first half…

  • World News

    China’s automobile exports break through against the trend, with new energy vehicles surging 75% to become the key to breaking the deadlock

    In the first half of this year, China’s automotive exports delivered an impressive performance — with 3.083 million vehicles exported, representing a year-on-year increase of 10.4%. Behind these numbers lies the strong global market penetration of Chinese automakers. Especially in the new energy vehicle sector, with 1.06 million units exported and a surge of 75.2%, it has directly broken into the global market, becoming the undisputed growth engine. The global automotive landscape is undergoing a major shakeup, and Chinese automakers are not sitting idly by. Technological innovation serves as the spearhead penetrating the market, while localization strategies act as the…

  • finance

    Singapore is the first to be hit by the US 10% tariff, with its economy under pressure and seeking a breakthrough.

    Amid the ever-changing global trade landscape, the new tariff policy announced by the United States on April 2 has sent shockwaves through the market, much like a large rock thrown into a calm lake. Among the measures, the imposition of a uniform 10% baseline import tariff on all trading partners has hit Singapore, which heavily relies on international trade, particularly hard.The Monetary Authority of Singapore’s (MAS) Macroeconomic Assessment report released on April 28 clearly highlights the importance of the U.S. market to Singapore’s exports. As Singapore’s second-largest export market, the U.S. accounted for 11% of Singapore’s total exports in 2024.…

  • technological innovation

    The most important signal from tech giants’ earnings reports: AI has started to make money!

    On November 30, 2022, ChatGPT emerged unexpectedly, like a boulder dropped into a calm lake, sending ripples that drew numerous tech giants into the fray, thus kicking off the AI battle. After more than 900 days of intense competition and massive investment, this fierce battle has finally reached a critical turning point – several leading enterprises in the AI technology race have successfully converted their huge capital expenditures into substantial profit growth, and AI has begun to demonstrate its powerful “value-creating” capabilities. In the latest round of the US stock market earnings season, tech giants such as Google, Microsoft, and…

  • New World

    Escaping from the telecom fraud park in Myanmar and returning home

    Escaping from the telecom fraud parks in Myanmar and returning home is a long journey intertwined with fear, struggle, and rebirth. The days and nights trapped in the parks are filled with strict surveillance, cruel physical punishment, and endless mental oppression — every day, they are forced to face the screen and pose as “customer service representatives” or “lovers”, using lies to defraud others of their savings. The slightest resistance will result in being beaten, or even sold to a darker place.Those who manage to escape with their lives often go through unimaginable thrills. Maybe they took advantage of the…

  • New World

    Indian scholar: India’s economic growth rate has surpassed that of the United States, and it will never compromise with the United States.

    US President Donald Trump has signed an executive order, deciding to impose a 25% tariff on Indian products, with the new tariffs set to take effect on August 7. He also publicly derided India’s economy as “lifeless”. In response, India’s academic community has made it clear that they will never compromise.Indian economist Vijay Saldanha, in the context of continued US pressure on New Delhi, responded by saying that India, as the world’s fastest-growing major economy, has already surpassed the US in terms of growth rate.“I don’t know which data or documents Trump’s information comes from,” he bluntly stated. “Such remarks…

  • World News

    Standing up to Trump, India will continue to purchase Russian oil.

    On July 30, 2025 local time, U.S. President Trump announced that a 25% tariff would be imposed on Indian products starting from August 1, while pressuring India to stop purchasing Russian weapons and energy. However, India stated that it would continue to import oil from Russia.On August 1, Trump claimed to have heard that India would no longer buy oil from Russia. But later the same day, two anonymous senior Indian officials said that the Indian government’s policy had not changed, and the government “had not instructed oil companies to reduce imports from Russia.” One of the informed officials said:…

  • finance

    世界蓝色经济

    The blue economy refers to a development model that promotes economic growth, improves livelihoods, and creates jobs through the sustainable use of marine resources while protecting the health of marine ecosystems. The European Commission has expanded its scope to include all economic activities related to the ocean and coastline.The concept of the blue economy is rooted in the principles of sustainable development. As international exchanges deepen and related research continues to advance, the profound implications of this concept are becoming increasingly evident. In case studies of the blue economy, interdisciplinary and multidisciplinary collaboration is particularly crucial, especially in the integrated…

  • New World

    Why is rugby developing and growing in the United States instead of football?

    The development and growth of American football, while football is relatively inferior, is the result of multiple factors such as historical traditions, cultural characteristics, and commercial operations.From a historical perspective, the origin of rugby is closely linked to the development of the United States. In the mid-19th century, rugby evolved from the British sport of rugby and quickly took root in American universities. Early football games between prestigious universities such as Harvard and Yale not only became an important part of campus culture, but also spread to society through alumni networks, gradually forming a nationwide attention wave. Although football was…

  • finance

    South Korean stock market plummets

    South Korean stock market plummets 4%: Tax increase policy hits investor confidence, world’s hottest market hits coldOn August 1st, the South Korean stock market experienced a significant sell-off, with the Seoul Composite Index (KOSPI) plummeting nearly 4%, marking the largest daily decline since early April and leading the decline in Asian markets. The direct trigger for this sharp decline was the sudden announcement of a tax increase plan by the South Korean government, which raised concerns among investors about the market outlook.Tax increase policy hits market, retail investors collectively protestThe South Korean Ministry of Finance announced a proposal on Thursday…