Iran Strikes Israel: China Urges Powerful Nations to Prevent EscalationPointing out the United States and called for a solution to the situation. China has voiced its position that an “influential nation” should step in to prevent escalating tensions and halt the Israel-Palestine conflict in response to Iran’s airstrike on Israel. A spokesperson for the Chinese Ministry of Foreign Affairs said on the Ministry of […]
Japanese PM Fumio Kishida's Diplomatic Slip Up: Calls China an 'Ally' in Press ConferencePrime Minister Fumio Kishida of Japan had a slip of the tongue during a joint press conference with President Joe Biden on the 10th (local time), referring to China as an “ally” before quickly correcting himself. In response to a reporter’s question about diplomatic relations with China, Prime Minister Kishida said in Japanese, “China is […]
Ark Invest CEO Cathie Wood Bets Big on OpenAICathie Wood, CEO of Ark Invest, also known as “Money Tree Sister” in South Korea, revealed that she owns shares in OpenAI, the developer of ChatGPT. According to Bloomberg on the 11th (local time), Wood wrote in a letter to investors the previous day, “As of the 10th, the Ark Venture Fund is invested in […]
US Carriers Request Halt on More China Flights, Citing Unfair Advantage Amid Ukraine CrisisMajor U.S. airlines are urging the Biden administration to suspend additional approvals for Chinese flights between China and the U.S. According to Reuters, on the 11th (local time), Airlines for America (A4A), which includes members like American Airlines Group, Delta Airlines, and United Airlines, sent a letter to the Department of Transportation and the State […]
Global Oil Prices Surge Amid Fears of Middle East EscalationU.S. intelligence agencies have issued a warning that Iran’s airstrike against Israel, which had previously hinted at a strong retaliation for the attack on their consulate, is imminent. Bloomberg reported on the 10th (local time), citing reliable sources, that Iran might launch an attack using high-precision missiles within a few days. The likely targets are […]
China's Third-Ranking Official Makes Landmark Visit to North KoreaZhao Leji, third in the official hierarchy of China and Chairman of the Standing Committee of the National People’s Congress (equivalent to the Congress), discussed the situation on the Korean Peninsula with Choe Ryung Hae, Chairman of the North Korean Supreme People’s Assembly, on the first day of his visit to North Korea. They agreed […]
U.S. Blacklists Four Chinese Companies for Supporting Chinese Military AI Chip DevelopmentFirefighters work to put out the fire after a building in Odesa, a port city in southern Ukraine, was attacked by a Russian drone last month. The U.S. government has added four Chinese companies to its blacklist (entity list·export control list) for allegedly supporting the Chinese People’s Liberation Army’s acquisition of artificial intelligence (AI) chips. […]
Breaking Barriers: ATEEZ at CoachellaATEEZ’s performance at Coachella is just a day away. When news broke that ATEEZ would be the first K-Pop boy band to perform at the Coachella Valley Music and Arts Festival (hereafter Coachella), it drew explosive interest from many. ATEEZ will perform for about an hour on April 12th and 19th (local time). Coachella is […]
President Yoon's Future Uncertain After Crushing Election DefeatNYT·AP: “President Yoon is facing a lame-duck.” Reuter: “The result could hinder President Yoon’s policy efforts.” WSJ: “Not only friendly countries but also hostile countries may act on the assumption that President Yoon’s foreign policy direction has an expiration date.” Presidential Office Photojournalist Corps Foreign media on the 10th predicted that President Yoon Suk Yeol […]
US and Australia Struggle as China Cancels Wheat OrdersChicago wheat futures prices have fallen by 10% since the start of the yearChina cancels order for 504,000 tons of U.S. wheatFood Security Law to take effect in JunePressure to curb grain imports increases Wheat prices have plummeted as China, the world’s largest grain importer, recently canceled large wheat orders from the U.S. and Australia. […]
U.S. Accuses China of Using Force to Expand Territory in South China SeaA joint naval and air force exercise conducted by the United States, Japan, Australia, and the Philippines in the South China Sea on July 7/EPA Yonhap News The United States has strongly criticized China, which conflicts with some countries, including the Philippines, over sovereignty in the South China Sea, accusing it of trying to secure […]
White House Eyes South Korea for Advanced Military Tech CollaborationWhite House NSC Official: “Considering a variety of additional partners, including South Korea, in relation to Pillar 2” South Korea was mentioned as a potential partner in the advanced military technology development project driven by AUKUS, a security alliance between the United States, the United Kingdom, and Australia. According to Yonhap News on the 9th, […]
Trump's Legal Woes: Majority of Voters See Hush Money Allegations as SeriousPhoto=Reuters·Yonhap News A new poll reveals that a majority of American voters view the allegations of hush-money payments against former President Donald Trump as serious. Reuters and polling organization Ipsos reported on the 10th that, based on an online poll conducted from the 4th to the 8th of this month targeting 1,021 adults, including 833 […]
China's Economic Outlook Darkens as Fitch Downgrades Its Credit RatingAP and Yonhap Fitch, an international credit rating agency, has downgraded China’s national credit rating outlook. The agency cited the country’s struggle to extricate itself from a real estate-driven economic crisis. According to Bloomberg News, on the 10th, Fitch downgraded China’s national credit rating outlook from stable to negative. Fitch explained the reason for the […]
Biden's Warning to China: South China Sea Dispute Heats UpU.S. President Joe Biden is set to warn against China’s coercive actions in the South China Sea. He plans to clarify that the U.S.-Philippines Mutual Defense Treaty applies to the Second Thomas Shoal in the Spratly Islands, where the Philippines and China are in a territorial dispute. This area rapidly emerges as a potential flashpoint […]
Goldman Sachs Warns: Trump's Tariff Plan Could Hit U.S. Income and SpendingGoldman analysis: greater impact on actual income and personal consumption Analysts predict that if the tariff imposition plan against China, advocated by former U.S. President Donald Trump, is implemented, it could hinder U.S. economic growth and increase inflation. According to Bloomberg on the 7th (local time), analysts at Goldman Sachs Group, Inc. projected in a […]
China's EV Bubble Bursts: Xiaomi and Evergrande Grapple with Bankruptcy ThreatsFierce competition in China’s global EV marketXiaomi and Evergrande EV struggle Chinese electric vehicle (EV) companies, once heralded for their global market dominance, are recently facing a crisis with a wave of bankruptcies. Unless the authorities intervene, there is a possibility that the entire market may wobble. This is a view of an EV company […]
The Putin-Kim Connection: An Unprecedented Shift in North Korean DiplomacyUploaded a total of 148 articles starting from the article about the 2019 April bilateral summit Recently, North Korea, which has been strengthening its relations with Russia, opened a new friendly relations page that collects articles on the North Korea-Russia summit in its state-run media. If you look at the homepage of the North Korean […]
China's Diplomatic Strategy to Break U.S. PressureChina plans to break through U.S. pressure by securing alliesRussian Foreign Minister invited to discuss the anti-American frontGerman Chancellor Scholz and Putin to visit China, Xi to visit France Xi Jinping, General Secretary of China, and Olaf Scholz, Chancellor of Germany. This is a photo from November 2022 when Chancellor Scholz visited China./Xinhua News Agency. […]
Trump Outshines Biden, Raising Double the Funds in One DayDonald Trump, the U.S. Republican presidential candidate, announced on June 6th (local time) that he raised $50.5 million in a single day at a fundraising event in Florida. This is approximately double the $26 million President Joe Biden raised last month at a fundraising event he held with former Presidents Obama and Bill Clinton. According […]
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