Monday, December 23, 2024

South Korea Aims to Improve Investment Conditions Amidst Global Supply Chain Crisis

Choi Sang Mok, Deputy Prime Minister and...

Will Putin Step Up His Arms Deal with North Korea?

As Russian President Vladimir Putin's visit to...

Chemical Overload: Kids’ Products Contain Dangerous Levels of Toxins

The city of Seoul announced on the...

Tag: economy

North KoreaSouth KoreaMilitaryKim Jong Unk-popRussiaKoreaeconomySports

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...

Cashless in Pyongyang: North Korea Adopts Digital Payment Systems

As smartphone payments have become commonplace in convenience stores and supermarkets in South Korea, electronic payment systems using smartphones are also being implemented in...

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...

KAMCO Attains Top Safety Rating in Public Agency Evaluation

KAMCO (Korea Asset Management Corporation) announced on the 16th that it achieved the highest grade, A, among the same evaluation groups (fund management quasi-government...

No Surge in Oil Prices Despite Iran-Israel Tensions

Despite Iran's retaliatory attack on Israel, international oil prices are falling. International oil prices are slightly down in the Asian market on the morning of...

North Korea’s Troubled Economy: $22 Billion Trade Deficit with China

North Korea's trade deficit with China over the past 30 years was revealed to have exceeded $22 billion (29.997 trillion KRW). Voice of America (VOA)...

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...

Total Solar Eclipse Sparks Excitement in the U.S., Expected to Bring $8 Trillion Economic Impact

According to a Bloomberg report on the 7th, the northern part of the U.S. is excited over the total solar eclipse, an event not seen in...

North Korea Eyes Chinese Tourists Following Success with Russian Visitors

As China signals its intent to expand tourism in North Korea, there is growing interest in whether North Korean tourism targeting China will soon...

Dogecoin Surges 10% After Rumors of the Cryptocurrency Possibly Adopted as a Form of Payment

While Bitcoin is undergoing a modest rise, Dogecoin is soaring by over 10% due to news that X is likely to adopt it for payments.

Trump’s ‘Truth Social’ Becomes the Top Meme Stock on Wall Street – And It’s About to Crash

The social media platform Truth Social, created by former U.S. President Donald Trump, is surging on the U.S. stock market.

Stock Rallies Worldwide, Could This Be the ‘Powell Effect’?

The U.S. Federal Reserve's decision to maintain its policy of lowering interest rates three times this year has sparked a rally in stock markets...

Apple Struggles with Slowing China Sales, Faces Antitrust Lawsuit

As Apple struggles with slowing sales in China, it's now also facing a crisis due to an antitrust lawsuit from U.S. authorities. Apple has...

Google Fined 250 Million Euros by France for Breaking a Promise

The French government imposed a fine of 250 million euros (approximately $273 million) on Google on the 20th (local time). The penalty was issued...

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