Wednesday, December 25, 2024

North Korea’s Coal Rush: Over 70 Ships Spotted at Key Ports

VOA reports 70 vessels operating in North Korea's coal ports this year, suggesting possible illegal coal export violations.

South Korea Redevelops Its North Korean Approach

The Ministry of National Defense has renamed...

South Korea’s Domestic Demand Rebounds for 6 Straight Months

South Korean economy has shown signs of recovery in domestic demand for six consecutive months.

Economy

NVIDIA’s Stock Takes a Dive Amid China’s Antitrust Investigation

NVIDIA's stock drops amid a Chinese antitrust probe, following allegations of failing to meet technology transfer obligations.

Apple Stock Hits Record High After WSJ Names It the Best-Managed Company

Apple's stock hits a record high after being named the best-managed company by WSJ, pushing its market cap past $3.73 trillion.

Trump’s Crypto-Friendly Policies Fuel Bitcoin Surge, $200K in Sight

Bitcoin is projected to exceed $200,000 by 2025, driven by institutional investments and pro-crypto policies from President Trump.

Tesla Stock Soars 3% After Bank of America Raises Target Price to $400

Tesla shares rose over 3% after Bank of America raised its target price, citing strong growth prospects in electric vehicles and robotics.

Apple Smashes Stock Price Record, Approaching $3.7 Trillion Market Cap

Apple reaches a record high market cap nearing $3.7 trillion, with shares rising to $243.01 in New York trading.

EU’s Green Shift: Korean Exporters to Feel the Heat

The European Union (EU) is set to increase the burden on Korean companies exporting products with the introduction of the Eco-design Regulation (ESPR) and...

LG Makes a Buzz with First-ever Pollinator Garden in U.S. Headquarters

Provided by LG Electronics LG Electronics announced that on the 22nd (local time), it held an LG Life's Good Earth Day Celebration event themed on...

Crypto-friendly Kennedy Jr. Shakes Up U.S. Election with Blockchain Budget

Robert F. Kennedy Jr., an independent candidate making a significant impact on the U.S. election with a 13% approval rating, announced his intent to...

Turning Up the Heat: Samyang’s Fire Noodles a Global Sensation

Samyang Foods' Fire Chicken Series is taking the global market by storm. Particularly under the full support of Vice Chairman Kim Jeong Su of...

Tesla’s Rough Patch: Profit and Revenue Expected to Fall

Ahead of Tesla's earnings announcement on the 23rd (local time), Bloomberg reported that Tesla's operating profit is expected to plummet by 40%. Sales are predicted to...

Inflation Woes: Powell Indicates Long-Term High Interest Rates

On the 16th (local time), the Wall Street Journal (WSJ) reported that Chairman of the Federal Reserve Jerome Powell warned that the current high interest rates...

Tech Collaboration: U.S. and South Korea Kickstart AI Alliance

The Korea-U.S. AI (Artificial Intelligence) Working Group has officially launched. According to the Ministry of Foreign Affairs and the Ministry of Science and ICT, on...

Samsung Outshines Rivals in the US Appliance Market

Provided by Samsung Electronics Samsung Electronics (005930) said Tuesday it will hold a 21 percent share of the U.S. home appliance market by revenue in 2023, according to market research firm Traqline. This is followed by LG Electronics with 19%, GE with 18% and Whirlpool with 15%...

Intel vs. Nvidia: The Battle for AI Chip Dominance Begins

Intel, the largest semiconductor company in the U.S., has announced the development of a new artificial intelligence (AI) dedicated chip. This will challenge Nvidia,...

Meta Announces Removal of 7 Billion Fake Accounts in Q4 Alone Last Year

Meta has revealed its plan to deploy additional detection mechanisms for advertisements impersonating celebrities and to conduct campaigns to improve user awareness. According to industry...

Tesla’s Big Bet: Building a $3 Billion Factory in India Amid Market Slowdown

Financial Times reported on the 3rd (local time) that Tesla, currently struggling with a slowdown in demand for electric vehicles, is planning to invest...

Luxury Brand Christian Dior Hits $1 Billion in Sales in South Korea

French luxury brand Dior broke through $1 billion in sales last year in South Korea. According to the Financial Supervisory Service's electronic disclosure system on...

Is Elon Musk the Reason for Poor Sales?

According to a report on March 1, Tesla's declining sales in the U.S. are partially influenced by CEO Elon Musk's reputation. Tesla saw strong sales...

Trump’s Truth Social Lost $81.3 Billion Last Year, Stock Plunges by 21%

The stock of Truth Social, the social media platform created by former President Donald Trump, and its parent company, Trump Media & Technology Group...

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