South Korean Government Issues a Stark Warning to Resident Doctors on Strike The government emphasizes it will take action according to the law and principles. Medical staff are on the move at a university hospital in Seoul on the 3rd. / News1 The government warned that serious issues could arise in individual career paths, stating that they would take action according to the law and principles […]
Biden Administration to Investigate Security Concerns with Chinese-Made Cars U.S. Biden Administration to Investigate Security Risks of Chinese-Made Connected Vehicles.
US Leads Global AI Race as South Korea Sees Remarkable Growth As the global competition to dominate Artificial Intelligence (AI) technology intensifies, South Korea has shown the most significant technological advancement among major countries in the past five years. A report titled Recent Trends in the Level of Artificial Intelligence (AI) Technology in Korea and Major Countries, published by the Software Research Institute on the 28th, […]
BLACKPINK's Impact: YG Entertainment's Earnings Forecast Dips, Target Price Lowered The fourth quarter performance of YG Entertainment (122870) has fallen short of market expectations, and future performance is expected to fluctuate depending on the activities of BLACKPINK. Hana Securities revised its operating profit outlook for YG Entertainment, assuming changes in BLACKPINK’s activities, on the 4th to about $37 million in 2024 and about $67 million […]
YouTube Usage Per Korean Exceeds 40 Hours a Month YouTube is considered the most popular video platform. How much time do Koreans spend on YouTube? A recent study revealed that the average monthly usage time per user in South Korea exceeds 40 hours. Wiseapp·Retail·Goods (Hereinafter, WiseApp), an application and retail analysis service, recently announced its analysis of the changes in YouTube app usage time, […]
India Set to Drive 20% of Global Growth in Next 5 to 7 Years: KKR Report India is expected to play a critical role in global economic growth. Analysts predict that the synergy of active private sector investment and attentive government support will drive this growth. According to industry sources on the 3rd, Henry H. McVey, Chief Investment Officer (CIO) of the U.S. private equity firm KKR, recently stated in a […]
LG Electronics Faces Class-Action Lawsuit in U.S. Over Refrigerator Defects LG Electronics has been engulfed in a class-action lawsuit in the US over performance defects in its refrigerator products. This lawsuit was filed by some consumers in the US, claiming that LG Electronics’ refrigerators do not meet their expected lifespan. These consumers are pursuing a lawsuit against Kenmore refrigerators equipped with LG Electronics’ compressors produced […]
U.S. Strengthen Cybersecurity for Chinese-made Cranes Suspected of Being Spy Tools The U.S. government has taken measures to protect Chinese-made port cranes and other port facilities from cyberattacks, which have been raised as potential tools for Chinese espionage. The Chinese government has protested in response, claiming it to be a crackdown on its companies. According to the Korea Institute for International Economic Policy and other sources, […]
Democratic Party Approval Ratings Plunge, Signaling Troubling Times Ahead Han Dong-hoon (left), the Emergency Measures Committee Chairman of the People Power Party, and Lee Jae-myung, the leader of the Democratic Party. / News1 The Democratic Party’s approval rating is in a precarious situation. The gap with the People Power Party is widening. Real Meter, a public opinion survey agency, announced on the 4th that […]
Amazon Sees Surge in North American Profitability, Target Price Raised Amazon (AMZN) has seen a significant improvement in its North American business profitability, resulting in solid performance, and a report on the revision of its raised target price has been released. KB Securities has proposed a target price of $209, a 22.9% increase from the previous target price for Amazon, reflecting profitability improvements confirmed in […]
Tesla's Savior? Cathie Wood Pins Hopes on Autonomous Taxi Platform As pessimistic forecasts continue for Tesla’s stock price, Cathie Wood has expressed a contrary opinion. She believes that Tesla’s autonomous taxi will exert innovative influence. According to industry insiders on the 4th, Wood stated in a recent interview with the media that “Tesla’s target stock price will remain at $2000 per share until 2027,” adding, […]
South Korean Automakers Enter Pickup Truck Race with New Models Amid the automotive industry’s focus on electric vehicle development and production to achieve carbon neutrality and address global warming, South Korean automakers are gearing up for new competition with their latest pickup trucks. Pickup trucks are popular in regions with unpaved roads and a need for multipurpose freight vehicles beyond high transportation. North America and […]
How a Man Stole an 8 Million Won ($6,000) Gold Bracelet The criminal was apprehended by detectives who were staking out near his residence. A man who deceived a jewelry store employee by claiming to be close friends with the owner and then ran off with a gold bracelet has been apprehended by the police. Recently, the Seoul Police released CCTV footage taken from a jewelry […]
Hyundai IONIQ 6 Clinches Title of 'Most Fuel-Efficient Car' in the US Hyundai Motor’s IONIQ 6 has emerged as the most fuel-efficient vehicle among the 2024 models currently on sale in the U.S. market. According to “Fuel Economy,” a fuel-saving information website jointly operated by the U.S. Department of Energy and Environmental Protection Agency (EPA), the IONIQ 6 Long Range RWD model (with a combined fuel efficiency […]
Slovak Foreign Minister Juraj Blanár Meets Russian Foreign Minister Sergey Lavrov in Turkey A high-level meeting between a European Union (EU) member state and a country that has attempted to separate from the EU has taken place, with high-ranking officials from the Slovak government and the Russian Foreign Minister in attendance. Both countries announced on the 2nd (local time) that Slovak Foreign Minister Juraj Blanár had a separate […]
San Francisco Giants' Lee Jung Hoo Shines on the Field Lee Jung Hoo recorded 2 hits, including a home run, in his second MLB exhibition game, emerging as the hope of the San Francisco Giants. San Francisco Giants’ Lee Jung Hoo (25) is receiving attention for hitting the first home run in his second Major League Baseball (MLB) exhibition game. Lee Jung Hoo showcased a […]
SNL Korea Parodies President Yoon Protest Incident A scene depicting a silencing by covering the mouth appeared in the first broadcast of the 5th season of Coupang Play’s comedy show, SNL Korea. This was a satirical depiction of an incident where a graduate was forcibly carried out for protesting against President Yoon Suk Yeol during a graduation ceremony at the Korea Advanced […]
Number of Marriages Decline 40% Over Ten Years The number of marriages began to decrease in 2012, and the decrease in the number of newborns followed after four years.The reasons for no marriage, such as attitude change and lack of marriage funds, are mentioned. Recent data shows a 40% decrease in the number of marriages over the past decade. Given the societal norm […]
Indian Millionaire Invites Rihanna to Perform at His Son's Wedding Mukesh Ambani, CEO of Reliance, invited numerous celebrities to his second son’s wedding. Pop star Rihanna performing at the 95th Academy Awards on March 12, 2023 / EPA=Yonhap News Mukesh Ambani, CEO of Reliance Industries and considered Asia’s richest man, is preparing for his youngest son’s lavish wedding and has invited numerous billionaires and Hollywood […]
Seoul Station on High Alert After Knife Attack Threat Circulates Online Police are investigating a stabbing threat at Seoul Station. The situation was averted by increased security. The author is being tracked down and charges are being considered. Last year, there was also a case of murder threats...
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