U.S. Treasury Excludes South Korea on Currency Watch List South Korea has been excluded from the U.S. Treasury Department’s currency watch list due to its transparent foreign exchange policy for the second consecutive time. In contrast, Japan has been included again after a year. On the 20th local time, the U.S. Treasury Department announced its semi-annual currency report, which includes seven countries: China, Japan, […]
Apple Hunts for AI Partners in China Amid Tech Tensions Apple announced at the WWDC that it would partner with OpenAI to provide AI features linked with ChatGPT on its devices.
Investors Eye India as Stock Market Hits Trillion-Dollar Milestone As the Indian stock market continues to perform strongly, investors are turning their attention towards India.
NVIDIA's Boom: How Stock Options Turned Employees into Millionaires! Benzinga estimated that employees who joined Nvidia five years ago have become millionaires, thanks to the company's stock price soaring.
AI Sparks a New Era for Electric Grid, Says Nvidia CEO "The future of digital intelligence is quite bright, and so the future of the energy sector is bright, too."
AI Chip ETFs Soar: A 20% Gain in Just One Month! In South Korea, ETF, which predominantly includes Broadcom and Nvidia, has provided nearly a 20% return rate in just one month.
StageX Strikes Back: Firm Refutes Government's Reasons for Nixing Frequency Deal StageX has disputed a government announcement regarding canceling their frequency allocation, claiming there were errors.
War in Ukraine Halts Samsung and LG's Business, Chinese Companies Sweep In With no promising lease candidates appearing, the local businesses halted due to the impact of the Russia-Ukraine conflict.
Hyundai Revs Up U.S. Production with IONIQ 5 at New Georgia Plant Hyundai Motor has decided to produce the Ioniq 5 as the first vehicle at its new plant in Georgia, USA, named HMGMA.
Fisker's Bankruptcy Shocks Electric Vehicle Industry Fisker has filed for bankruptcy protection. Amid a slowdown in the unexpected surge in demand for electric cars and the sluggish growth.
Shocking Germ Levels Found in Imported Disposable Swabs and Straws Disposable cotton swabs sold on Chinese e-commerce platforms were found to have bacterial levels approximately 37 times the domestic standard. Similarly, disposable straws exceeded the domestic standard for total extractable matter (4% acetic acid). On the 19th, Seoul City announced that it had conducted safety tests on 95 hygiene products directly purchased from Chinese e-commerce […]
Apple Set to Launch M4 MacBook Pro in Q4 2024, Analysts Confirm Ross Young reported that "panel shipments for new 14-inch and 16-inch MacBook Pro models are set to begin in the third quarter of 2024."
Snap to Offer Full-Body AR Experiences with New Tech Innovations Snapchat to create more realistic special effects when taking shots with a phone camera, helping it stay ahead of social media competitors.
France’s Financial Future May Be at Risk - Here’s Why The Central Bank of France has urged action to prevent the deepening of France’s fiscal deficit. François Villeroy de Galhau, the governor of the Bank of France, urged on June 18 to avoid worsening fiscal deficits as investors worry about France’s fiscal outlook after the sale of French assets. Before France is expected to be […]
How Nvidia Became the Leader of the AI Era On June 18, Nvidia, a leading Artificial Intelligence (AI) stock, overtook both Microsoft Corporation (MS) and Apple to become the world’s largest company by market capitalization. Analysts interpret this as a signal that the AI era has officially arrived, as Nvidia has now overtaken Apple, which opened the smartphone era, Google, and MS, a leader in […]
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 […]
AMD Under Cyber Attack: Sensitive Data Potentially Exposed AMD announced on the 18th that it was investigating claims that a cybercriminal organization stole the company's data through hacking.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech? On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
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