Gaekkul

How Suntory Battles U.S. Tariffs to Safeguard Its Worldwide Beverage Dominance Suntory, the iconic Japanese beverage powerhouse, is scrambling to overhaul its global marketing strategy as escalating trade tensions, particularly from newly imposed U.S. tariffs, loom large over its international operations. With a potential trade war on the horizon, the company’s newly minted president, Nobuhiro Torii, is spearheading an urgent shift toward localized production and sales to shield its diverse portfolio of spirits, soft drinks, and coffee products from crippling excise duties. This strategic pivot comes at a pivotal moment as U.S. President Donald Trump’s administration rolls out a sweeping 24% tariff on Japanese goods, a move that could upend Suntory’s carefully cultivated global footprint. Torii, the great-grandson of the company’s founder, is betting on a “produce locally, sell locally” mantra to navigate these turbulent waters, ensuring that premium spirits like aged Japanese whis...

Inside the Mining Giant’s Bold Pivot That Never Happened BHP Group Ltd, a titan in the global mining industry, recently grappled with a monumental decision that could have reshaped its future: spinning off its Australian iron ore and coal divisions to sharpen its focus on future facing commodities like copper and potash. This strategic pivot, explored as part of a broader push to decarbonize its portfolio, ultimately stalled, leaving industry watchers buzzing about what might have been and what lies ahead. According to sources cited by Reuters, BHP weighed a structure akin to its 2015 South32 spinoff, envisioning a separate entity likely listed in Australia. Yet, after intense internal deliberation, the company opted to hold onto these cash generating assets, underscoring their critical role in funding ambitious projects in Chilean copper mines and Canadian potash production. With new leadership under Chair Ross McEwan stepping into the fray, the question looms: will BHP revisit thi...

Electric Vehicle Maker Faces Demand Woes, Beats Estimates Rivian, a prominent name in the electric vehicle manufacturing space, has just dropped a bombshell with its latest firstquarter delivery report, revealing a steep decline that’s raising eyebrows across the industry. The company delivered 8,640 vehicles in the quarter ending March 31, a jawdropping 36% plunge from the 13,588 units it shipped out during the same period last year. This sharp drop in Rivian’s firstquarter electric vehicle deliveries signals tough times ahead as the company battles softening demand in a competitive market. Yet, amid the gloom, there’s a silver lining: Rivian managed to outperform Wall Street’s expectations, surpassing the average analyst estimate of 8,200 deliveries according to Visible Alpha. So, what’s driving this rollercoaster of a performance, and what does it mean for Rivian’s future in the electric vehicle industry? The news hit the stock market hard, with Rivian’s shares sliding more th...

Chinese Giant Battles Hybrid Dominance in Japan’s Challenging EV Market Aggressive Price Cuts Signal BYD’s Bold Move in Japan Chinese electric vehicle powerhouse BYD Co Ltd (HK:1211) has unleashed a dramatic price reduction strategy on its pure electric vehicle models in Japan, slashing prices by up to $2000 on popular lines like the Dolphin series. This urgent move underscores BYD’s determination to crack a market where electric vehicle adoption lags far behind other global economies. Local media reports highlight that the Chinese EV giant is targeting stagnant sales in a country where consumer apathy toward pure electric vehicles remains a formidable barrier. With Japan’s automotive landscape dominated by homegrown hybrids and combustion engines, BYD’s aggressive pricing aims to shake up the status quo and lure hesitant buyers. In 2024, BYD sold just 2223 EVs in Japan, a 54 percent jump from the previous year, yet this figure pales in comparison to its global sales of 4.3 million ...

AI Cloud Giant Defies Odds After Rocky IPO Launch CoreWeave Inc. (NASDAQ: CRWV), a trailblazing AI cloud computing company backed by NVIDIA, has ignited the financial world with a stunning 42.1% stock surge, closing at $52.69 after a turbulent IPO debut. Initially priced at $40 per share, the company raised $1.5 billion by selling 37.5 million shares, with NVIDIA anchoring the offering with a hefty $250 million investment. This dramatic turnaround follows a lackluster start where shares opened lower, closed flat on debut day, and dipped 7% the following Monday. The explosive rally has not only defied early skepticism but also spotlighted CoreWeave as a key player in the booming AI infrastructure market. Investors and analysts alike are now scrambling to unpack the factors driving this NVIDIA-backed AI cloud company stock surge performance, raising questions about its long-term potential and market implications. IPO Rollercoaster and Unexpected Market Triumph CoreWeave’s journey t...

Urgent Decisions Loom as Auto Industry Braces for Impact Overview of Mercedes-Benz’s Tariff Dilemma Mercedes-Benz Group AG, a titan in the global automotive landscape, is reportedly on the brink of a transformative decision that could reshape its presence in the U.S. market. Bloomberg News, as cited by Reuters, reveals that the German automaker is contemplating withdrawing its entry-level cars from American showrooms due to President Donald Trump’s impending 25% tariffs on imported vehicles and parts. This strategic pivot, driven by the potential economic fallout of the tariffs set to take effect on April 3, 2025, targets models like the GLA SUV, which could become unprofitable under the new trade policy. The move is part of broader contingency plans to safeguard the company’s financial health, with sources suggesting a multibillion-dollar hit looms on the horizon for European carmakers. This development underscores the high stakes for Mercedes-Benz as it navigates an increasingly...

Emergency Response Ramps Up as Blaze Threatens Homes and Lives A catastrophic fire at a Petronas gas pipeline in Puchong, Selangor, has plunged the town into chaos, injuring over 112 people and sending 63 to hospitals with burns, respiratory issues, and other injuries. The blaze, which erupted in the early morning hours in the residential area of Putra Heights, has left authorities scrambling to contain the situation, evacuate residents, and provide relief to those affected. With towering flames stretching up to 500 meters and thick plumes of smoke dominating the skyline, the incident has sparked widespread concern about gas pipeline safety in Malaysia and the immediate danger to the surrounding community near Kuala Lumpur. How the Petronas Gas Pipeline Fire Started and Spread The fire broke out at approximately 8:10 AM in Putra Heights, Puchong, a bustling town on the outskirts of Malaysia’s capital. Reports indicate that a leak in a Petronas-operated gas pipeline sparked the i...