Historic Trilateral Financial Summit: U.S., South Korea, and Japan Unite in DCFor the first time, the finance ministers of South Korea, the United States, and Japan will gather tomorrow in Washington, D.C. The Ministry of Economy and Finance announced on the 16th that Deputy Prime Minister Choi Sang Mok will depart for the U.S. to attend the trilateral finance ministers’ meeting. This finance ministers’ meeting follows […]
Gold Prices on a Roller Coaster Ride in the Midst of Middle East StrifeDespite Iran’s unprecedented attack on Israel last weekend, gold prices dipped below last week’s peak. As the Middle East conflict entered a dangerous new phase, gold prices rose by 1.2% on the 15th (local time) but lost most gains. Gold prices broke through $2400 per ounce on Friday but ended the trading day in a […]
China's Population Crisis: A Threat to Its Economic Supremacy?Elderly population expected to reach 38% by 2050Retirement age at 60, the world’s lowestThe Hukou System hinders economic growthUrbanization rate must reach 75-80% As China faces complex issues of economic slowdown, low birth rate, and aging population, its status as the world’s second-largest economy is wavering. The Economist recently introduced a solution for China’s population crisis. […]
China's Top Official: 'We Need to Hold Onto Bottom Line of National Security For the Development of Hong Kong"Reuters, Yonhap News A high-ranking Chinese government official in charge of Hong Kong policy emphasized the legitimacy of the Hong Kong version of the National Security Law (Hong Kong National Security Law), which went into full effect last March. According to Reuters on the 15th, Xia Baolong, director of the Hong Kong and Macao Affairs […]
Tesla's Shocking Move: 10% of Employees FiredElectrek, a technical publication, reported on the 15th (local time) that Tesla is laying off more than 10% of its employees, citing an internal memo. According to insiders, Tesla has instructed managers to identify key team members while suspending some stock compensation and canceling some employees’ annual evaluations. It has also reduced production at the […]
Delta Air Lines Surpasses Expectations, Eyes Record Revenue in Q2Delta Air Lines surpassed market expectations with its Q1 results and is anticipated to record its all-time high revenue in Q2. Delta Air Lines’ revenue for Q1 this year was $13.7 billion, marking a 7.8% year-over-year increase, and its operating profit successfully turned to a surplus of $610 million. Non-GAAP earnings per share outperformed market […]
China Surges Ahead as Saudi Arabia's Top Greenfield InvestorChina emerges as the largest greenfield investor China emerged as Saudi Arabia’s largest greenfield investment country last year. This signifies a deepening relationship between the two nations. According to the Institute for International Economic Policy, on the 10th, China invested $16.8 billion in Saudi Arabia last year, securing its position as a major greenfield foreign […]
EU and U.S. Unite Against China's Market DistortionUrsula von der Leyen calls for a tough stance on ChinaGerman Chancellor Scholz set to visit China from 14th to 16thChina refutes, “US pays subsidies through IRA” Following U.S. Treasury Secretary Janet Yellen’s criticism of China’s overproduction, Ursula von der Leyen, President of the European Commission, has expressed a firm stance against China’s unfair trade […]
China's Economic Outlook Darkens as Fitch Downgrades Its Credit RatingAP and Yonhap Fitch, an international credit rating agency, has downgraded China’s national credit rating outlook. The agency cited the country’s struggle to extricate itself from a real estate-driven economic crisis. According to Bloomberg News, on the 10th, Fitch downgraded China’s national credit rating outlook from stable to negative. Fitch explained the reason for the […]
Italy to Invest $1.1 Billion in AI Over the Next Five YearsItaly is moving towards becoming an economic powerhouse through investments in AI and cybersecurity. On the 8th (local time), Italy’s state-run lending institution announced that the venture capital division of the Italian Cassa Depositors’ Association (Cassa Depositi e Prestiti, CDP) would invest 1 billion euros ($1.1 billion) in AI and cybersecurity over the next five […]
Eclipse Fever: U.S. Economy to Gain Billions from Solar EventAs the United States approaches its first total solar eclipse in seven years, the American economy is experiencing an effect similar to the “Swift Effect,” termed the “Eclipse Effect.” According to CBS News on the 6th (local time), the economic analysis firm Perryman Group predicted that the solar eclipse scheduled for the 8th would generate […]
Trump's Potential Return: A Boost for AI and Bio Industries?Predictions suggest that if former U.S. President Donald Trump wins the upcoming November election, the U.S. government will actively invest subsidies in strategic industries such as artificial intelligence (AI) and biotechnology. If Trump’s second administration becomes a reality, it is anticipated that it will bolster strategic decoupling from China further, viewing it as a competitor […]
US Bolsters Semiconductor Production with Massive TSMC FundingThe U.S. government has announced it will provide up to $6.6 billion in support to the Taiwanese semiconductor company TSMC. On the 8th (local time), the U.S. Department of Commerce pledged to provide up to $6.6 billion to expand the facilities that TSMC is constructing in Arizona and to enable the production of cutting-edge semiconductors […]
Paramount Global Considers Potential Acquisition of Skydance for $5 BillionA major media corporation is seemingly considering the acquisition of an independent studio. The Wall Street Journal reported on the 6th that Paramount is poised to acquire Skydance for approximately $5 billion. Reuters reported that Paramount’s board members have opted for exclusive merger negotiations with the independent studio Skydance Media rather than a $26 billion […]
Saudi Arabia's Futuristic City Dream Faces Reality CheckThe Saudi Arabian government is expected to slow down the development of the Neom City project, a key initiative of Crown Prince Mohammed bin Salman. This has diminished expectations for a construction boom in our industry. Bloomberg reported on the 8th, citing sources, “Saudi Arabia has scaled back the midterm goals for Neom City, the […]
Yellen Warns of Global Economic Threat from China's OverproductionU.S. Treasury Secretary Janet Yellen has started her visit to China, raising concerns about the overproduction capacity of Chinese manufacturing. According to Bloomberg News, on the 5th, Secretary Yellen arrived in Guangzhou, southern China, the previous afternoon. This is her first visit to China in seven months since July last year. During her visit, which […]
Alibaba's Chairman Daniel Zhang: 'We're Changing Global Perception'“Alibaba is not just a company trying to monopolize the market with cheap Chinese products. We are a global business, and we believe it’s important to change consumers’ perception worldwide.” According to the Chinese IT media outlet ZAKER on the 4th, Daniel Zhang, the chairman of China’s largest e-commerce company, Alibaba, made this statement in […]
Samsung Wins Over Netlist in U.S. Patent BattleAfter disputes over memory semiconductor module patentsAll five cases raised by Netlist invalidated Samsung Electronics has won a patent invalidation lawsuit against American semiconductor company Netlist over memory semiconductor module patents. According to industry sources, on the 4th, the U.S. Patent Trial and Appeal Board (PTAB) ruled in favor of Samsung Electronics in two patent […]
Inflation-Driven Gold Rush: Price per Ounce Breaches $2300 for the First TimeAs expectations grew that U.S. inflation would not easily slow down, the price of gold futures broke through $2300 per ounce for the first time on March 3rd. On this day, the closing price of gold futures for June delivery on the New York Mercantile Exchange recorded $2315.0 per ounce, up $33.2 (1.5%) from the […]
China's $5 Trillion Evaporation: India Rises to Fourth Largest MarketOver the past three years, nearly $5 trillion has evaporated from the combined market capitalization of mainland China and Hong Kong. The market is significantly shrinking as global investors’ trust fails to recover. In contrast, the Indian stock market, classified as an emerging market, has risen to the world’s fourth-largest market over the last eight […]
Historic Trilateral Financial Summit: U.S., South Korea, and Japan Unite in DC For the first time, the finance ministers of South Korea, the United States, and Japan will gather tomorrow in Washington, D.C. The Ministry of Economy and Finance announced on the 16th that Deputy Prime Minister Choi Sang Mok will depart for the U.S. to attend the trilateral finance ministers’ meeting. This finance ministers’ meeting follows […]
Gold Prices on a Roller Coaster Ride in the Midst of Middle East Strife Despite Iran’s unprecedented attack on Israel last weekend, gold prices dipped below last week’s peak. As the Middle East conflict entered a dangerous new phase, gold prices rose by 1.2% on the 15th (local time) but lost most gains. Gold prices broke through $2400 per ounce on Friday but ended the trading day in a […]
China's Population Crisis: A Threat to Its Economic Supremacy? Elderly population expected to reach 38% by 2050Retirement age at 60, the world’s lowestThe Hukou System hinders economic growthUrbanization rate must reach 75-80% As China faces complex issues of economic slowdown, low birth rate, and aging population, its status as the world’s second-largest economy is wavering. The Economist recently introduced a solution for China’s population crisis. […]
China's Top Official: 'We Need to Hold Onto Bottom Line of National Security For the Development of Hong Kong" Reuters, Yonhap News A high-ranking Chinese government official in charge of Hong Kong policy emphasized the legitimacy of the Hong Kong version of the National Security Law (Hong Kong National Security Law), which went into full effect last March. According to Reuters on the 15th, Xia Baolong, director of the Hong Kong and Macao Affairs […]
Tesla's Shocking Move: 10% of Employees Fired Electrek, a technical publication, reported on the 15th (local time) that Tesla is laying off more than 10% of its employees, citing an internal memo. According to insiders, Tesla has instructed managers to identify key team members while suspending some stock compensation and canceling some employees’ annual evaluations. It has also reduced production at the […]
Delta Air Lines Surpasses Expectations, Eyes Record Revenue in Q2 Delta Air Lines surpassed market expectations with its Q1 results and is anticipated to record its all-time high revenue in Q2. Delta Air Lines’ revenue for Q1 this year was $13.7 billion, marking a 7.8% year-over-year increase, and its operating profit successfully turned to a surplus of $610 million. Non-GAAP earnings per share outperformed market […]
China Surges Ahead as Saudi Arabia's Top Greenfield Investor China emerges as the largest greenfield investor China emerged as Saudi Arabia’s largest greenfield investment country last year. This signifies a deepening relationship between the two nations. According to the Institute for International Economic Policy, on the 10th, China invested $16.8 billion in Saudi Arabia last year, securing its position as a major greenfield foreign […]
EU and U.S. Unite Against China's Market Distortion Ursula von der Leyen calls for a tough stance on ChinaGerman Chancellor Scholz set to visit China from 14th to 16thChina refutes, “US pays subsidies through IRA” Following U.S. Treasury Secretary Janet Yellen’s criticism of China’s overproduction, Ursula von der Leyen, President of the European Commission, has expressed a firm stance against China’s unfair trade […]
China's Economic Outlook Darkens as Fitch Downgrades Its Credit Rating AP and Yonhap Fitch, an international credit rating agency, has downgraded China’s national credit rating outlook. The agency cited the country’s struggle to extricate itself from a real estate-driven economic crisis. According to Bloomberg News, on the 10th, Fitch downgraded China’s national credit rating outlook from stable to negative. Fitch explained the reason for the […]
Italy to Invest $1.1 Billion in AI Over the Next Five Years Italy is moving towards becoming an economic powerhouse through investments in AI and cybersecurity. On the 8th (local time), Italy’s state-run lending institution announced that the venture capital division of the Italian Cassa Depositors’ Association (Cassa Depositi e Prestiti, CDP) would invest 1 billion euros ($1.1 billion) in AI and cybersecurity over the next five […]
Eclipse Fever: U.S. Economy to Gain Billions from Solar Event As the United States approaches its first total solar eclipse in seven years, the American economy is experiencing an effect similar to the “Swift Effect,” termed the “Eclipse Effect.” According to CBS News on the 6th (local time), the economic analysis firm Perryman Group predicted that the solar eclipse scheduled for the 8th would generate […]
Trump's Potential Return: A Boost for AI and Bio Industries? Predictions suggest that if former U.S. President Donald Trump wins the upcoming November election, the U.S. government will actively invest subsidies in strategic industries such as artificial intelligence (AI) and biotechnology. If Trump’s second administration becomes a reality, it is anticipated that it will bolster strategic decoupling from China further, viewing it as a competitor […]
US Bolsters Semiconductor Production with Massive TSMC Funding The U.S. government has announced it will provide up to $6.6 billion in support to the Taiwanese semiconductor company TSMC. On the 8th (local time), the U.S. Department of Commerce pledged to provide up to $6.6 billion to expand the facilities that TSMC is constructing in Arizona and to enable the production of cutting-edge semiconductors […]
Paramount Global Considers Potential Acquisition of Skydance for $5 Billion A major media corporation is seemingly considering the acquisition of an independent studio. The Wall Street Journal reported on the 6th that Paramount is poised to acquire Skydance for approximately $5 billion. Reuters reported that Paramount’s board members have opted for exclusive merger negotiations with the independent studio Skydance Media rather than a $26 billion […]
Saudi Arabia's Futuristic City Dream Faces Reality Check The Saudi Arabian government is expected to slow down the development of the Neom City project, a key initiative of Crown Prince Mohammed bin Salman. This has diminished expectations for a construction boom in our industry. Bloomberg reported on the 8th, citing sources, “Saudi Arabia has scaled back the midterm goals for Neom City, the […]
Yellen Warns of Global Economic Threat from China's Overproduction U.S. Treasury Secretary Janet Yellen has started her visit to China, raising concerns about the overproduction capacity of Chinese manufacturing. According to Bloomberg News, on the 5th, Secretary Yellen arrived in Guangzhou, southern China, the previous afternoon. This is her first visit to China in seven months since July last year. During her visit, which […]
Alibaba's Chairman Daniel Zhang: 'We're Changing Global Perception' “Alibaba is not just a company trying to monopolize the market with cheap Chinese products. We are a global business, and we believe it’s important to change consumers’ perception worldwide.” According to the Chinese IT media outlet ZAKER on the 4th, Daniel Zhang, the chairman of China’s largest e-commerce company, Alibaba, made this statement in […]
Samsung Wins Over Netlist in U.S. Patent Battle After disputes over memory semiconductor module patentsAll five cases raised by Netlist invalidated Samsung Electronics has won a patent invalidation lawsuit against American semiconductor company Netlist over memory semiconductor module patents. According to industry sources, on the 4th, the U.S. Patent Trial and Appeal Board (PTAB) ruled in favor of Samsung Electronics in two patent […]
Inflation-Driven Gold Rush: Price per Ounce Breaches $2300 for the First Time As expectations grew that U.S. inflation would not easily slow down, the price of gold futures broke through $2300 per ounce for the first time on March 3rd. On this day, the closing price of gold futures for June delivery on the New York Mercantile Exchange recorded $2315.0 per ounce, up $33.2 (1.5%) from the […]
China's $5 Trillion Evaporation: India Rises to Fourth Largest Market Over the past three years, nearly $5 trillion has evaporated from the combined market capitalization of mainland China and Hong Kong. The market is significantly shrinking as global investors’ trust fails to recover. In contrast, the Indian stock market, classified as an emerging market, has risen to the world’s fourth-largest market over the last eight […]
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