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Financial News, Author at ViewusGlobal - Page 5 of 6

Financial News (118 Posts)

  • Not on the Menu: Paper Mishap at Major Burger Joint On the 19th, Yonhap News reported that an office worker in Seoul encountered an issue while having lunch at a nearby McDonald’s on the 15th. He noticed something unusual in his food, which turned out to be the wax paper used to store patties. After this incident, the office worker researched similar past occurrences and […]
  • Georgia Governor Promises Fast-Track Support for Hyundai's New U.S. Plant Top executives of Hyundai Motor Group’s key affiliates explored ways to strengthen cooperation with Governor Brian Kemp of Georgia, who visited South Korea. Amidst Hyundai Motor Group’s large-scale investments such as building a new electric vehicle (EV) factory, Metaplant America (HMGMA) in Georgia, the state showed its willingness to expand investment support including early operation. […]
  • Supply Chain Alert: China Temporarily Suspends Urea Exports China has halted exports of urea once again after two months due to domestic fertilizer supply issues. However, as South Korea diversifies its urea import, the domestic impact is expected to be limited. On June 18, The Ministry of Strategy and Finance announced, “On the 7th, the government became aware that the export clearance of […]
  • Taiwanese President Loses Nearly 2 Million Supporters in Record Time Taiwan's President, Lai Ching-te, has experienced a significant drop in his approval rating, falling by 9.8% in just a month.
  • Woman Sues Company: Paid to Do Nothing for 20 Years Van Wassenhove, a mother of two, protested to the government in 2015. Although Orange intervened, no significant progress was made.
  • Kim Jong Un Greets Putin at Dawn: A Symbolic Meeting in Pyongyang Russian media outlets reported that Putin's private jet had landed at Sunan Airport in Pyongyang at 2:22 a.m.
  • War Drums in the Middle East: Israel Ramps Up Military Actions Against Hezbollah The Israeli military has been engaged in combat with Hezbollah, a Lebanese Shia Islamist political party and militant group.
  • From Promises to Payments: NATO Countries Fulfill Defense Pledges NATO member countries have started to significantly increase their defense spending after observing Russia’s invasion of Ukraine for nearly two years. This year, more than half of the 32 member countries are expected to spend the defense cost-sharing agreed upon in 2006 as promised. According to CNBC, Secretary General of NATO Jens Stoltenberg met with […]
  • Pork Politics: China's Latest Trade Move Against the EU China announced on June 17 that it has launched an anti-dumping investigation into pork and pork by-products from the European Union (EU). The Chinese Ministry of Commerce has hinted at retaliatory measures, including countermeasures after the EU announced provisional measures to impose a tariff bomb on Chinese electric vehicles.  The Chinese Ministry of Commerce announced […]
  • Netanyahu Faces Leadership Crisis as War Cabinet Ends Israeli Prime Minister Benjamin Netanyahu has finally dissolved the wartime cabinet. This was a move expected following the resignation of Benny Gantz, the centrist leader who had been calling for a ceasefire with Hamas who withdrew from the cabinet after being disappointed with Netanyahu’s sway by hardliners. On June 17, the wartime cabinet that was […]
  • Wall Street Bulls See No Ceiling for S&P 500 Wall Street institutional investors are increasingly optimistic about the stock market. Evercore ISI expects the Standard & Poor’s (S&P) 500 index to reach 6000 by the end of this year. They also forecast it will reach 7000 by the end of next year. Goldman Sachs also expects it to hit 5700 by the end of […]
  • Lawsuit Against NVIDIA CEO Sent to the Supreme Court The U.S. Supreme Court has decided to hear a lawsuit appealed by NVIDIA this October. NVIDIA, a major beneficiary of the artificial intelligence (AI) boom, appealed a class-action lawsuit brought by shareholders. On the 17, CNBC reported that the U.S. Supreme Court has accepted NVIDIA’s appeal against a class-action lawsuit filed by shareholders against NVIDIA’s […]
  • Why the Federal Reserve Won't Cut Rates Until the End of the Year After maintaining the highest benchmark interest rate (5.25-5.5%) in 23 years for seven consecutive times, the Federal Reserve System (Fed) suggests that people may have to wait until the end of 2024 for lower interest rates. President of the Federal Reserve Bank of Minneapolis Neel Kashkari mentioned the timing of the interest rate cut during […]
  • Qatar Airways Crisis: Passengers Struggle with Heat as Flight Delays A Qatar Airways passenger plane was unable to take off for over 3 hours due to technical malfunctions exacerbated by an extreme heatwave, which resulted in a passenger fainting. The Sun reported on June 16, that Qatar Airways flight QR204, departing from Athens to Doha, discovered a fault in the air conditioning system on the […]
  • Bird Flu's Deadly Threat: CDC Warns of Impending Pandemic The Centers for Disease Control and Prevention (CDC) in the United States has warned that highly pathogenic avian influenza.
  • Taylor Swift's Concert in Scotland Registers on Seismic Scales! Taylor Swift has been on her world tour, The Eras. It was reported that during her concert in Scotland, vibrations equivalent to an earthquake were detected. According to CNN on the 13th, the British Geological Survey (BGS) stated that at the venue where Swift’s concert was held, vibrations strong enough to activate seismographs occurred every […]
  • Black Tide: Singapore's Beaches Face Environmental Disaster An oil tanker collision at the southern port of Singapore, a major maritime logistics hub connecting the Pacific and Indian Oceans, resulted in oil slicks forming on nearby beaches. According to media outlets on June 15, the Singapore Maritime and Port Authority (MPA) announced in a statement that at around 2:40 PM on the 14th, […]
  • Heat and Crowds Turn Deadly for Jordanian Pilgrims in Saudi Arabia Fourteen Jordanian citizens have died during the annual pilgrimage (Hajj) to Mecca and Medina in Saudi Arabia. According to a report by Jordan’s state-owned news agency PETRA on June 16, the Jordanian Ministry of Foreign Affairs Consulate announced that 14 of its citizens had died during the Hajj, and 17 are missing. The circumstances surrounding […]
  • From G7 to LA: Biden's Whirlwind Trip Culminates in Historic Fundraising Gala President Joe Biden has raised a record-breaking amount of campaign funds at a fundraising event in Los Angeles. Hollywood stars enthusiastically cheered for Biden, helping to raise $28 million in just one day. On the other hand, it was also reported that CEOs of major U.S. companies are flocking around former President Donald Trump.  According […]
  • From Dreams to Nightmares: Paris Faces Backlash Over Olympic Chaos Ahead of the 2024 Paris Olympics, citizens of Paris in France are organizing a boycott campaign through social media(SNS), urging people not to visit Paris. According to the New York Times (NYT) on the 14th, many videos are being shared on social media such as TikTok, warning that visitors to Paris during the Olympics will […]
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