Biden Brings Up 'Billionaire Tax' During His State of the Union AddressMentioned several times during the first Biden term but not actively pursuedAims to reduce record U.S. government debt and differentiate himself from TrumpIncludes a plan to deny tax deductions for companies with employees earning more than $1 million On the evening of the 7th, at 9 p.m. local time, President Joe Biden of the United […]
Goldman Sachs Warns of Continued Downtrend in Cobalt, Lithium, and Nickel PricesGlobal investment bank Goldman Sachs has warned about the further decline in battery metal prices. Battery mineral mining companies have begun to regulate production, but the downward trend continues. On the 5th, Goldman Sachs stated in an investment note, “Although the prices of nickel, lithium, and cobalt have fallen by 60%, 80%, and 65% respectively […]
Japan's Mitsubishi Corp. Ventures into North American Lithium Mines, Reducing China DependencyAccording to a report by Nikkei Newspaper on the 5th, Japan’s Mitsubishi Corporation is set to develop lithium mines in North America in a joint venture with a Canadian mining company. Mitsubishi Corporation will invest in a joint venture established by Frontier Lithium, a Canadian company that owns the mining rights to North American lithium […]
Apple and AMD News Sends Tech Stocks Tumbling, Nasdaq Falls Over 2%On March 5th (Eastern Standard Time), the three major indices of the New York Stock Exchange fell for the second consecutive day. According to Yonhap News, the Dow Jones Industrial Average ended at 38,585.19, down 404.64 points (1.04%) on the New York Stock Exchange (NYSE). The Standard & Poor’s (S&P) 500 index closed at 5078.65, […]
South Korea's Big Mac Index Rises to $4.11, Undervaluation ContinuesSouth Korea’s Big Mac Index ranks sixth highest in Asia. The Big Mac Index is a measure that converts the price of a Big Mac sold at McDonald’s outlets in various countries into US dollars. It is used to gauge a country’s currency value and exchange rate. The British economic weekly, The Economist, has been […]
Turkey's Inflation Hits Record High: Soars Nearly 70%Turkey’s annual inflation seems to have turned to the highest in 15 months, and the central bank is still on alert even after halting the interest rate hike. According to the median estimate of Bloomberg economists on the 4th, Turkey’s inflation rate is expected to reach 66% in February, accelerating for the fourth consecutive month. […]
How Much is the Average Annual Salary of Samsung Electronics Employees?Estimated by the Korea CXO Institute, a corporate analysis specialist Do you know how much the average annual salary is at Samsung Electronics? The estimated average annual salary of Samsung Electronics employees for the last year (2023) has been revealed. According to Yonhap News, the average annual salary of Samsung Electronics employees last year was […]
Gold Prices Hit All-Time High Amid US Rate Cut ExpectationsThe price of gold, domestically and internationally, has hit a record high due to the expectation of a cut in interest rates in the U.S. According to the Korea Exchange (KRX) on the 5th, the spot price per gram of 1 kg gold in the gold market the previous day closed at $66.84, up 2.20%. […]
NVIDIA Surpasses Saudi Aramco to Become Third-Largest Company by Market CapAmid the boom in artificial intelligence (AI), NVIDIA, a semiconductor manufacturer, has surpassed Saudi Aramco, the world’s largest oil company, to become the world’s third-largest company by market capitalization. The only companies ahead of NVIDIA are Apple and Microsoft. According to Bloomberg, NVIDIA’s market cap on the 4th (local time) surpassed $2 trillion for the […]
Xi Jinping's Economic Policies Under Scrutiny as Chinese Growth Targets Fall ShortPresident Xi Jinping (left) and Premier Li Qiang of China are entering the second session of the 14th National People’s Congress (NPC), which opened at the Great Hall of the People in Beijing on the 5th. EPA Yonhap News Disappointment is getting deeper as the Chinese government set this year’s economic growth rate at 5%, […]
Climate Change Raises Risk of 'Mega-Fire' That Can Pose a Threat to InvestmentsA photo taken from a fire truck of the Greenville Fire Department in Texas, heading to the scene of a fire on February 27th. <연합뉴스> The risk of a mega-fire is increasing worldwide due to climate change, which is causing more frequent droughts. The wildfire spreading across Texas in the United States is a prime […]
China to Increase Defense Spending Amid US Supply Chain ExclusionImplies confrontation with technological self-relianceThe defense budget is to increase this year, tooAbolish the press conference with the Premier at the NPC closingA more solidified message is “Xi Jinping’s one-man regime.” China strongly criticized the United States for implementing policies such as supply chain separation and exclusion aimed at controlling the export of advanced technologies […]
China's 'Two Sessions' and Super Tuesday Clash: What's at Stake for South Korea?The South Korean stock market is expected to be directly affected by the two-day Chinese Two Sessions, also known as “Lianghui” (Chinese People’s Political Consultative Conference on the 4th, National People’s Congress on the 5th) starting from the 4th and the U.S. presidential election day, Super Tuesday on the 5th. The Lianghui has a direct […]
Michelle Reis Denies Alleged '8 Rule' Prenuptial Agreement with Wealthy Family Hong Kong actress Michelle Reis is a former Miss China International and Miss Hong Kong beauty pageant winner.Her stunning beauty has made her a huge hit both in China and at home.She famously married Hong Kong tycoon Lee Chin-hung, a billionaire with a fortune in the hundreds of billions, in 2008...
Korea's 'Oprah Winfrey' Opens Up: Why Offensive Comedy Isn't Her StyleJung Jae Hyung’s YouTube channel “Fairy Jae Hyung” Jang Do Yeon wants to steer clear of humor that belittles others Flustered by the mention of “Oprah Winfrey” On singer and TV personality Jung Jae Hyung’s YouTube channel “Fairy Jae Hyung,” a video titled “Pre-meeting with Do Yeon before Radio Star Appearance” was released. The video […]
9 out of 10 Deaths! What You MUST Know About Pancreatic Cancer Pancreatic cancer is called the "worst cancer" because "9 out of 10 people die from it". It is said that there is a good program coming soon that you can refer to in order to know and prepare for pancreatic diseases that can become pancreatic cancer in advance...
Toppling The Queen of Carol Mariah Carey: Who Made It to Billboards #1 Spot? American pop singer Brenda Lee tops the Billboard charts with the carol "Rockin' Around the Christmas Tree"...
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..
Moody's Cuts China's Credit Outlook: Potential Trouble for Korea's Economy?Moody's downgrade of China's credit rating outlook raises concerns for South Korea's major industries heavily reliant on Chinese exports.
Backlash from 8 Asian Nations as President Yoon Cuts Migrant Support Center BudgetAsian countries express concern over South Korea's migrant worker support center budget cuts, affecting foreign workers' assistance.
Biden Brings Up 'Billionaire Tax' During His State of the Union Address Mentioned several times during the first Biden term but not actively pursuedAims to reduce record U.S. government debt and differentiate himself from TrumpIncludes a plan to deny tax deductions for companies with employees earning more than $1 million On the evening of the 7th, at 9 p.m. local time, President Joe Biden of the United […]
Goldman Sachs Warns of Continued Downtrend in Cobalt, Lithium, and Nickel Prices Global investment bank Goldman Sachs has warned about the further decline in battery metal prices. Battery mineral mining companies have begun to regulate production, but the downward trend continues. On the 5th, Goldman Sachs stated in an investment note, “Although the prices of nickel, lithium, and cobalt have fallen by 60%, 80%, and 65% respectively […]
Japan's Mitsubishi Corp. Ventures into North American Lithium Mines, Reducing China Dependency According to a report by Nikkei Newspaper on the 5th, Japan’s Mitsubishi Corporation is set to develop lithium mines in North America in a joint venture with a Canadian mining company. Mitsubishi Corporation will invest in a joint venture established by Frontier Lithium, a Canadian company that owns the mining rights to North American lithium […]
Apple and AMD News Sends Tech Stocks Tumbling, Nasdaq Falls Over 2% On March 5th (Eastern Standard Time), the three major indices of the New York Stock Exchange fell for the second consecutive day. According to Yonhap News, the Dow Jones Industrial Average ended at 38,585.19, down 404.64 points (1.04%) on the New York Stock Exchange (NYSE). The Standard & Poor’s (S&P) 500 index closed at 5078.65, […]
South Korea's Big Mac Index Rises to $4.11, Undervaluation Continues South Korea’s Big Mac Index ranks sixth highest in Asia. The Big Mac Index is a measure that converts the price of a Big Mac sold at McDonald’s outlets in various countries into US dollars. It is used to gauge a country’s currency value and exchange rate. The British economic weekly, The Economist, has been […]
Turkey's Inflation Hits Record High: Soars Nearly 70% Turkey’s annual inflation seems to have turned to the highest in 15 months, and the central bank is still on alert even after halting the interest rate hike. According to the median estimate of Bloomberg economists on the 4th, Turkey’s inflation rate is expected to reach 66% in February, accelerating for the fourth consecutive month. […]
How Much is the Average Annual Salary of Samsung Electronics Employees? Estimated by the Korea CXO Institute, a corporate analysis specialist Do you know how much the average annual salary is at Samsung Electronics? The estimated average annual salary of Samsung Electronics employees for the last year (2023) has been revealed. According to Yonhap News, the average annual salary of Samsung Electronics employees last year was […]
Gold Prices Hit All-Time High Amid US Rate Cut Expectations The price of gold, domestically and internationally, has hit a record high due to the expectation of a cut in interest rates in the U.S. According to the Korea Exchange (KRX) on the 5th, the spot price per gram of 1 kg gold in the gold market the previous day closed at $66.84, up 2.20%. […]
NVIDIA Surpasses Saudi Aramco to Become Third-Largest Company by Market Cap Amid the boom in artificial intelligence (AI), NVIDIA, a semiconductor manufacturer, has surpassed Saudi Aramco, the world’s largest oil company, to become the world’s third-largest company by market capitalization. The only companies ahead of NVIDIA are Apple and Microsoft. According to Bloomberg, NVIDIA’s market cap on the 4th (local time) surpassed $2 trillion for the […]
Xi Jinping's Economic Policies Under Scrutiny as Chinese Growth Targets Fall Short President Xi Jinping (left) and Premier Li Qiang of China are entering the second session of the 14th National People’s Congress (NPC), which opened at the Great Hall of the People in Beijing on the 5th. EPA Yonhap News Disappointment is getting deeper as the Chinese government set this year’s economic growth rate at 5%, […]
Climate Change Raises Risk of 'Mega-Fire' That Can Pose a Threat to Investments A photo taken from a fire truck of the Greenville Fire Department in Texas, heading to the scene of a fire on February 27th. <연합뉴스> The risk of a mega-fire is increasing worldwide due to climate change, which is causing more frequent droughts. The wildfire spreading across Texas in the United States is a prime […]
China to Increase Defense Spending Amid US Supply Chain Exclusion Implies confrontation with technological self-relianceThe defense budget is to increase this year, tooAbolish the press conference with the Premier at the NPC closingA more solidified message is “Xi Jinping’s one-man regime.” China strongly criticized the United States for implementing policies such as supply chain separation and exclusion aimed at controlling the export of advanced technologies […]
China's 'Two Sessions' and Super Tuesday Clash: What's at Stake for South Korea? The South Korean stock market is expected to be directly affected by the two-day Chinese Two Sessions, also known as “Lianghui” (Chinese People’s Political Consultative Conference on the 4th, National People’s Congress on the 5th) starting from the 4th and the U.S. presidential election day, Super Tuesday on the 5th. The Lianghui has a direct […]
Michelle Reis Denies Alleged '8 Rule' Prenuptial Agreement with Wealthy Family Hong Kong actress Michelle Reis is a former Miss China International and Miss Hong Kong beauty pageant winner.Her stunning beauty has made her a huge hit both in China and at home.She famously married Hong Kong tycoon Lee Chin-hung, a billionaire with a fortune in the hundreds of billions, in 2008...
Korea's 'Oprah Winfrey' Opens Up: Why Offensive Comedy Isn't Her Style Jung Jae Hyung’s YouTube channel “Fairy Jae Hyung” Jang Do Yeon wants to steer clear of humor that belittles others Flustered by the mention of “Oprah Winfrey” On singer and TV personality Jung Jae Hyung’s YouTube channel “Fairy Jae Hyung,” a video titled “Pre-meeting with Do Yeon before Radio Star Appearance” was released. The video […]
9 out of 10 Deaths! What You MUST Know About Pancreatic Cancer Pancreatic cancer is called the "worst cancer" because "9 out of 10 people die from it". It is said that there is a good program coming soon that you can refer to in order to know and prepare for pancreatic diseases that can become pancreatic cancer in advance...
Toppling The Queen of Carol Mariah Carey: Who Made It to Billboards #1 Spot? American pop singer Brenda Lee tops the Billboard charts with the carol "Rockin' Around the Christmas Tree"...
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..
Moody's Cuts China's Credit Outlook: Potential Trouble for Korea's Economy? Moody's downgrade of China's credit rating outlook raises concerns for South Korea's major industries heavily reliant on Chinese exports.
Backlash from 8 Asian Nations as President Yoon Cuts Migrant Support Center Budget Asian countries express concern over South Korea's migrant worker support center budget cuts, affecting foreign workers' assistance.
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