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Costco's Q2 Sales Slightly Below Expectations, But EPS Exceeds: Hold for Now With Costco’s (COST) second-quarter earnings per share (EPS) exceeding market expectations, advice suggested that the stock should be held, even amidst valuation concerns. Costco’s sales for the second quarter of the fiscal year 2024 (November 27, 2023 – February 18, 2024, 12 weeks) increased by 5.7% from the previous year to $58.4 billion. The GAAP-based […] -
Young Man Escapes Kidnapping in Seoul: Suspects Apprehended A man in his twenties was kidnapped in the city center of Seoul. Three men in their twenties who used force to kidnap an acquaintance in Seoul have been arrested by the police. On the 10th, the Gangbuk Police Station in Seoul announced that they are investigating three men in their early twenties who are […] -
M3 MacBook Air Finally Unveiled, "It's 13x Faster Than Its Predecessor" Following the release of the M3 MacBook Pro last October, the latest MacBook Air equipped with the M3 chip was finally unveiled on the 4th. Source: Apple The new MacBook Air uses a 3-nanometer-based M3 chipset, making it 60% faster than the previous M1 model, and 13 times faster than the previous Intel models. Additionally, […] -
Sneezing While Eating? It Might Be Rhinitis, Not Just a Cold - Here's What You Need to Know! If you have a runny nose from time to time. -
Aurora Adventures: Surprising Honeymoon Destination Doubles in Popularity Even if you’re not particularly fond of stars, aurora-watching is on many people’s bucket lists. The always beautiful and mesmerizing aurora lights the night sky with its moving spectacle. Travel to high-latitude regions like Northern Europe, Alaska, or Canada to see the aurora. If you’re tired of the usual travel destinations, how about heading out […] -
Chinese Electric Car Giant BYD Eyes Korean Market as Gateway to U.S. and Europe Surprisingly, the Chinese electric car company BYD has targeted the Korean market. Considering that the market size is not large and that Hyundai and Kia’s market share exceeds 90%, this is unexpected, especially given the declining consumer preference for Chinese cars. The industry believes BYD’s strategy is to use Korea as a stepping stone for […] -
South Korea Ranks 8th in Financial Literacy Among OECD Countries South Koreans ranked eighth in financial literacy among the 39 countries that participated in a survey by the Organisation for Economic Co-operation and Development (OECD). However, their understanding of digital finance was lower than the average of the OECD and 28 other countries, indicating a lack of awareness about financial security. According to the “2023 […] -
India Deploys K9 Vajra Howitzers in Disputed Border Area with China India is deploying the K9 Vajra (meaning thunder in Hindi) self-propelled howitzer, locally produced via the technology transfer from Hanwha Aerospace, into actual combat. According to industry sources, on the 8th, Larsen & Toubro (L&T) delivered 100 K9 self-propelled howitzers manufactured with the technology transferred from Hanwha Aerospace to the Indian Army. The Indian Army, […] -
Nurses in South Korea Now Able to Perform CPR and Administer Drugs Filling the medical gap left by medical residentsMinistry of Health and Welfare establishes guidelines for nursing dutiesLegal responsibility in case of accidents falls on the heads of the medical institutions To fill the medical gap caused by the departure of medical residents, starting from the 8th, nurses will also be able to administer CPR and […] -
Trump and Biden Are Locked Into the General Election, Securing Celebrity Influence and Funds Are a Must [Photo=Reuters·Yonhap News] The upcoming U.S. election seems to be largely influenced by celebrity endorsements and fundraising. With undecided voters playing a crucial role in determining the outcome, the support of celebrities has become essential. As the competition intensifies early on, it’s also important to consider long-term planning as a variable. Trump’s “numerous celebrities support” bluff, […] -
Prices and Interest Rates Run in Reverse Amidst the Return of the 'MAGA' Slogan [Photo=Reuters-Yonhap News] The volume of the MAGA (Make America Great Again) slogan that once drove the Korean economy into a corner is increasing again as former President Donald Trump is confirmed as the Republican candidate for the U.S. election. The return of Trumpism, symbolized by nationalism and protectionism, is the utmost blow to the Korean […] -
Chinese Foreign Minister Blames South Korea, U.S. for Korean Peninsula Tensions At a press conference held on the 7th, Wang Yi, a member of the Political Bureau and Minister of Foreign Affairs of China, asserted that war should not break out on the Korean Peninsula./Xinhua News Agency. Wang Yi, a member of the Political Bureau and Foreign Minister of China (also Director of the Office of […] -
South Korea Deploys 'Spike' Missiles to Target North Korean Coastal Artillery Since North Korea bombarded Yeonpyeong Island in 2010, the military authorities have introduced a weapon system to strike North Korea’s coastal artillery precisely. That weapon is the Israeli-made “Spike” missile, deployed since mid-2013. The North Korean coastal artillery bases hidden in the coastal trenches near the Yellow Sea are challenging to strike accurately with the […] -
Xi Jinping Commands Strengthening Strategic Capabilities in Cyber Defense and Space to Improve Nationa Defense Power Chinese President Xi Jinping, who also serves as the chairman of the Central Military Commission and the military commander in China, has ordered a comprehensive strengthening of strategic capabilities in emerging industries such as cyber defense and space to improve national defense power. As reported by the state-run China Central (CC)TV, during the plenary meeting […] -
Elon Musk: 'I Am Not Donating Money to Either Candidate for US President' Tesla’s CEO Elon Musk, known to have recently met with former President Donald Trump, a U.S. presidential candidate, has drawn a line on the possibility of supporting election funds. On the 6th (local time), Musk said through social media X (formerly Twitter), “Just to be super clear, I am not donating money to either candidate […] -
Elon Musk's X Faces Music Copyright Infringement Lawsuits Yonhap News Social media platform X (formerly Twitter), acquired by Elon Musk, is potentially facing a payout of over 300 billion won (approximately $227 million) for allegedly neglecting music copyright infringement. According to a report by CNN Business on the 6th, Judge Aleta Trauger of the U.S. District Court in Tennessee has allowed the trial […] -
U.S. Government Urges South Korea and Germany to Participate in Semiconductor Export Regulation Network Bloomberg reported on the 6th that the U.S. government has been pressuring South Korea and Germany into participating in strengthening the semiconductor export regulation network against China. This is interpreted as the U.S. urging other countries to participate in the regulation to fill the gaps that have been exposed despite semiconductor export regulations, such as […] -
South Korea Expresses Concern Over South China Sea Collision Lim, the spokesperson for the Ministry of Foreign Affairs, is seen giving a regular briefing at the Ministry of Foreign Affairs in Jongno District, Seoul, on the afternoon of January 16./Yonhap News South Korea’s Ministry of Foreign Affairs expressed concern over the heightened tension following a collision between Chinese and Philippine vessels in the South […] -
Donald Trump and Joe Biden Both 'Unfavorable' [Photo= Yonhap News·AFP] This year’s US presidential election solidified as a match between President Joe Biden and former President Donald Trump, is expected to be a historically “unlikeable election”. There are also predictions that a third-party figure could play a casting voter role in deciding the fate of the presidential election. In a poll conducted […] -
Will Donald Trump's Return Lead to Economic Issues? [Photo=Reuters·Yonhap News] With Donald Trump being confirmed as the Republican presidential candidate, viewers are turning to the potential impact on the South Korean economy if Trump secures his second term as he is also leading in the U.S. Favorable Ratings over current President Joe Biden. There are concerns about potential spikes in oil prices and […]
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