Kashmir's Economic Crisis Sparks Protests: One Officer Dead, Dozens InjuredKashmir is facing its worst economic crisis. According to a local official on the 12th, in Pakistan- ...
How Immigration Strengthens the U.S. Labor MarketAmidst global economic slowdown, U.S. economy strengthensIncreased immigrants bolster production, employment, and consumptionDespite various side effects, positive functions are clearLessons for Korea, a country with aging and demographic Cliff While major economies worldwide grapple with long-term high-interest rates and inflation, the U.S. economy continues to boom, with many indicators pointing to continued strength. Economists attribute […]
Seattle Mayor Makes Historic Visit to Seoul, Strengthening TiesSource: City of Seoul Bruce Harrell, the first Asian-American Mayor of Seattle and son of a war veteran led a large economic delegation on a visit to Seoul on April 15. During their meeting, Mayor Oh Se Hoon introduced the Climate Companion Card, part of Seoul’s key policy, the Special City of Companionship and Charm. […]
North Korea's New Slogan: Unite in Patriotism for Economic GrowthA new slogan, “Unite in Patriotism for the Economy,” has taken root across North Korea, including in Pyongyang. On April 12, the Chosun Sinbo reported that patriotism and unity are the driving forces behind North Korea’s national revival strategy. The report emphasizes that every economic sector and unit should adopt this slogan in practice. According […]
China's Economic Ambitions Face Harsh Reality CheckThe reality of China’s G2 economy, which aims to surpass the United States in quality and quantity, is reportedly quite grim. In particular, the realities of low income and unemployment are likely more horrific than we might assume. China seems to have a long way to go to maintain its G2 status and achieve its […]
China’s Influence Grows in Sri Lanka with Promises of Debt RestructuringPromises debt restructuring and development assistanceChinese Premier Li Qiang meets with Sri Lankan Prime MinisterSri Lanka declared sovereign default in 2022 China has pledged to continue supporting debt restructuring in Sri Lanka and aiding in developing airports and sea ports in the country, where it is currently competing with India for influence. This decision shows […]
Young Chinese Embrace Gold Bean Investments as Economic Slowdown Intensifies, Bloomberg FindsYonhap News Chinese in their 20s and 30s are turning to “Gold Bean” investments, trading small units of gold, to cope with economic stagnation. On the 15th, Bloomberg reported that as China’s economic slowdown crisis intensifies, the popularity of Gold Bean, which allows relatively low-cost investments, is soaring, especially among younger generations. The Gold Bean, […]
South Korea Ranks 8th in Financial Literacy Among OECD CountriesSouth 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 […]
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 […]
China Stock Market Weekly: Watching Economic Indicators Amid Deflation Worries Chinese stocks will focus on November's real economic data and economic policies for next year. Last week, foreigners were net sellers of stocks in China's equity markets, continuing the bearish trend. This week, financial and real economic data will be released.
President Yoon Visits the Netherlands to Stabilize ASML Semiconductor Sales President Yun Suk-yeol and his wife Kim Gun-hee, who returned from a five-day, seven-nation tour of the United Kingdom and France, get off Air Force Flight 1 upon arrival at Seoul International Airport in Seongnam, Gyeonggi Province, on Nov. 26. 2023.11.26..
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Kashmir's Economic Crisis Sparks Protests: One Officer Dead, Dozens Injured Kashmir is facing its worst economic crisis. According to a local official on the 12th, in Pakistan- ...
How Immigration Strengthens the U.S. Labor Market Amidst global economic slowdown, U.S. economy strengthensIncreased immigrants bolster production, employment, and consumptionDespite various side effects, positive functions are clearLessons for Korea, a country with aging and demographic Cliff While major economies worldwide grapple with long-term high-interest rates and inflation, the U.S. economy continues to boom, with many indicators pointing to continued strength. Economists attribute […]
Seattle Mayor Makes Historic Visit to Seoul, Strengthening Ties Source: City of Seoul Bruce Harrell, the first Asian-American Mayor of Seattle and son of a war veteran led a large economic delegation on a visit to Seoul on April 15. During their meeting, Mayor Oh Se Hoon introduced the Climate Companion Card, part of Seoul’s key policy, the Special City of Companionship and Charm. […]
North Korea's New Slogan: Unite in Patriotism for Economic Growth A new slogan, “Unite in Patriotism for the Economy,” has taken root across North Korea, including in Pyongyang. On April 12, the Chosun Sinbo reported that patriotism and unity are the driving forces behind North Korea’s national revival strategy. The report emphasizes that every economic sector and unit should adopt this slogan in practice. According […]
China's Economic Ambitions Face Harsh Reality Check The reality of China’s G2 economy, which aims to surpass the United States in quality and quantity, is reportedly quite grim. In particular, the realities of low income and unemployment are likely more horrific than we might assume. China seems to have a long way to go to maintain its G2 status and achieve its […]
China’s Influence Grows in Sri Lanka with Promises of Debt Restructuring Promises debt restructuring and development assistanceChinese Premier Li Qiang meets with Sri Lankan Prime MinisterSri Lanka declared sovereign default in 2022 China has pledged to continue supporting debt restructuring in Sri Lanka and aiding in developing airports and sea ports in the country, where it is currently competing with India for influence. This decision shows […]
Young Chinese Embrace Gold Bean Investments as Economic Slowdown Intensifies, Bloomberg Finds Yonhap News Chinese in their 20s and 30s are turning to “Gold Bean” investments, trading small units of gold, to cope with economic stagnation. On the 15th, Bloomberg reported that as China’s economic slowdown crisis intensifies, the popularity of Gold Bean, which allows relatively low-cost investments, is soaring, especially among younger generations. The Gold Bean, […]
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 […]
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 […]
China Stock Market Weekly: Watching Economic Indicators Amid Deflation Worries Chinese stocks will focus on November's real economic data and economic policies for next year. Last week, foreigners were net sellers of stocks in China's equity markets, continuing the bearish trend. This week, financial and real economic data will be released.
President Yoon Visits the Netherlands to Stabilize ASML Semiconductor Sales President Yun Suk-yeol and his wife Kim Gun-hee, who returned from a five-day, seven-nation tour of the United Kingdom and France, get off Air Force Flight 1 upon arrival at Seoul International Airport in Seongnam, Gyeonggi Province, on Nov. 26. 2023.11.26..
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