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Police raid Starbucks Korea headquarters over ‘Tank Day’ fiasco
South Korean police have raided Starbucks Korea’s national headquarters as part of a defamation investigation into a botched marketing campaign known as “Tank Day,” launched in May to mark the anniversary of the 1980 Gwangju Uprising. The tumbler promotion drew widespread anger because it appeared to reference tanks used to crush pro-democracy protesters, an event…
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Asian shares jump on AI trade revival despite SpaceX, AMD setbacks, as oil prices dip – business live
Asian stock markets rose on Wednesday as investor enthusiasm for artificial intelligence stocks returned, even as SpaceX shares fell following its first earnings report since going public and AMD faced its own setbacks. The rally came alongside a dip in oil prices, with Brent crude trading below $80 a barrel amid hopes for an interim…
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How Genesis Is Using Korean Hospitality and the Power of Sports to Build a New Kind of Luxury Brand
Genesis, Hyundai’s luxury car brand, is using its role as the PGA Tour’s official vehicle and mobility sponsor to build brand recognition through immersive, Korean-inspired fan experiences rather than traditional advertising. At events such as the Genesis Invitational, the company has moved beyond simple logo placement to offer hospitality lounges, Korean-inspired food and drink, vehicle…
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Cannibalism Comedy-Horror ‘Ali & Ben’s Spicy Meats,’ Starring Amir Nafis, Signs Abnormal Studios for Worldwide Sales (EXCLUSIVE)
Malaysian sales agent Abnormal Studios has picked up worldwide international sales rights to “Ali & Ben’s Spicy Meats,” a cannibal black comedy-horror from sibling filmmakers Iskander and Feisal Azizuddin. The film will be launched at the Asian Contents & Film Market (ACFM) in Busan this October, marking a notable deal for a genre rarely tackled…
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Indiana takes full advantage of NCAA courtroom chaos with stunning roster move amid eligibility fight
Indiana’s defending national champion Hoosiers have made a notable roster move while capitalising on legal uncertainty surrounding NCAA player eligibility rules. The manoeuvre comes as a court battle unfolds between the NCAA and plaintiffs, centred on a Colorado district court ruling that could significantly affect eligibility for the coming season. The dispute chiefly concerns athletes…
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More than half of some US weapons stockpiles used in Iran war, raising concerns about China threat
The United States has reportedly used more than half of its stockpiles of certain weapons systems during its recent conflict with Iran, prompting concern among defence analysts about the country’s preparedness for a potential future confrontation with China. The depletion has led the Pentagon to request billions of dollars in additional funding to replenish munitions,…
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‘I was slut-shamed’ – Indian women ‘cockroach’ protesters doxxed and abused
Young women who used Instagram to document and promote India’s Cockroach Janta Party (CJP) protests say they have faced sustained online harassment, including rape threats, doctored images and doxxing, in the weeks since the demonstrations. The youth-led movement, which helped force the resignation of India’s education minister, relied heavily on memes, reels and viral videos…
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How a generation of record-setting guides died in a disaster that killed a climbing legend
Six Nepali mountain guides, including celebrated British-Nepali climber Nirmal “Nims” Purja, were killed in an avalanche on Pakistan’s Broad Peak last week. Their deaths represent a devastating loss for Nepal’s mountaineering community, as the group had collectively achieved feats once thought impossible, including summiting Everest dozens of times, scaling 8,000m peaks without supplemental oxygen, and…
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Projectile sinks Indian-flagged ship off Yemen coast
An Indian-flagged vessel, the MSV Faize Noore Oliya, sank off the coast of Yemen after being struck by a projectile, though all 14 crew members aboard were safely rescued. The incident is the latest in a series of attacks on shipping in the Red Sea, a route some tankers have used since Iran blocked the…
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China is Tesla’s cash cow, but for how much longer?
Tesla’s Shanghai factory posted its best-ever June, producing 93,579 cars—up 38% year-on-year—but the surge is being driven by exports rather than demand from Chinese buyers, whose purchases have fallen for over a year as interest in the Model 3 wanes. This matters because the Shanghai plant, boosted by cheap local labour, components and Chinese export…