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Paris Baguette Tightens Focus on North American Expansion with CDO Appointment

Paris Baguette Tightens Focus on North American Expansion with CDO Appointment

South Korean bakery chain Paris Baguette is accelerating its expansion in North America by appointing a new Chief Development Officer (CDO). The personnel change is seen as a strategic move to realize the company’s vision of opening 1,000 stores in North America by 2030. On May 28 (local time), Paris Baguette's U.S. subsidiary announced the promotion of Nick Scaccio, former

Jun 1 2025
11:00 AM PDT
Hyundai’s INSTER EV Off to a Strong Start in Europe — Achieves 70% of 2024 Sales Target in Just Four Months

Hyundai’s INSTER EV Off to a Strong Start in Europe — Achieves 70% of 2024 Sales Target in Just Four Months

Photo= Hyundai Motor Company Hyundai Motor Company is accelerating its growth in the German electric vehicle (EV) market. The INSTER has experienced strong demand since its launch, reaching 70% of its annual sales target within just four months. According to Hyundai Motor Germany on May 29, a total of 2,723 INSTER units were sold in Germany between January and April

Jun 1 2025
08:00 AM PDT
Paris Saint-Germain Officially Adds Bitcoin to Treasury Reserves

Paris Saint-Germain Officially Adds Bitcoin to Treasury Reserves

Photo= Paris Saint-Germain French football powerhouse Paris Saint-Germain (PSG) has officially confirmed its investment in Bitcoin. According to industry sources on the 30th, PSG has decided to include Bitcoin as part of its treasury reserves. The club had already converted a portion of its fiat currency reserves into Bitcoin last year, although the exact amount of its holdings has not

Jun 1 2025
07:00 AM PDT
Foreign Ownership of Korean Homes Surpasses 100,000 Units… Chinese Buyers Account for 56%

Foreign Ownership of Korean Homes Surpasses 100,000 Units… Chinese Buyers Account for 56%

(Photo=Motionelements) For the first time, foreign ownership of homes in South Korea has exceeded 100,000 units, with Chinese nationals owning 56% of them. The Ministry of Land, Infrastructure and Transport released the latest statistics on foreign-held housing and land as of the end of last year on 30th. As of December 2023, foreigners owned 102,160 homes in South Korea, an

May 31 2025
09:00 AM PDT
Bank of Korea Cuts Base Rate to 2.5%, Signals Room for Further Easing

Bank of Korea Cuts Base Rate to 2.5%, Signals Room for Further Easing

(Photo=Bank of Korea (BOK)) The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points to 2.5% on May 29, citing weaker-than-expected economic growth and signaling the possibility of further rate cuts in the near term. At a press briefing following the monetary policy decision, BOK Governor Rhee Chang-yong stated, “We see a possibility that the total

May 30 2025
09:00 AM PDT