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🟠 Why people stopped buying Porsches

🟠 Why people stopped buying Porsches

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À propos de cet audio

: Today, we break down Porsche’s first quarterly loss as a public company, the details behind a strong but volatile Hong Kong IPO, and the surprising truth about Korean reunification sentiment. Plus, the Chinese word for slacking off at work.

What's in this episode:

  • Human Interest Story: The wild life-twist of a Japanese truck driver who found out he was switched at birth.
  • Asian Stock Markets: Record highs for the Nikkei 225 and KOSPI driven by trade talk hopes and AI enthusiasm.
  • Top Bit: Porsche's Free Fall: The luxury car maker reports its first quarterly loss since its IPO, plunging 95.9% due to a costly EV strategy reversal, weak China demand, and U.S. tariffs. China's market is demanding software and speed over traditional luxury.

  • Number of the Day: 53% – The percentage of South Koreans who still believe reunification with the North is necessary, with younger generations showing diminishing interest.
  • Market Bit: Fibocom IPO: Chinese module maker Fibocom has a disappointing Hong Kong debut despite strong revenue growth, highlighting margin pressures in the maturing smart device industry.

  • Word of the Day: 摸鱼 (mō yú): The Chinese term that literally means "to catch fish in murky water," used to describe secretly slacking off at work.
  • Short News of the Day:
    • SoftBank approves another $22.5B for OpenAI, contingent on a shift to a for-profit structure.

    • Thailand and Cambodia sign a Trump-brokered expanded ceasefire agreement.

    • China unveils a bionic jellyfish robot designed for covert underwater surveillance.

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