TPG Plans to Raise $5 Billion Asia Fund with 10% Allocated to Korean MarketTexas Pacific Group (TPG), a global private equity managing firm, is set to establish a massive Asia buyout fund worth approximately $5 billion. They plan to invest around 10% of this fund into the South Korean market. According to Bloomberg and other sources, on the 26th, TPG is planning to close its eighth Asia buyout […]
JP Morgan: Bitcoin Outshines Gold as Top Investment ChoiceJP Morgan has rated Bitcoin’s investment value higher than gold’s. The Bitcoin spot ETF market is projected to grow to $220 billion in 2-3 years. On the 25th, JP Morgan stated in an investment report, “Bitcoin is taking up a larger share in investors’ portfolios than gold. When adjusting for volatility factors, the preference for […]
Iran's Currency Crisis: Rial Hits Record Low as Diplomatic Tensions SoarAmid Persian New Year celebrations, Iran’s currency plummeted to an all-time low of 613,500 rials per dollar on March 24th. On the last working day before the March 18th holiday, it was 590,000 rials per dollar. The exchange rate significantly affects other markets, including housing and rentals. Many Iranians have seen their life savings evaporate […]
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, […]
Peter Thiel Executes First Sale of Palantir (PLTR.N) Shares for $175 MillionPeter Thiel, a key figure at the software and analytics firm Palantir Technologies, has sold a portion of his shares in the company. Thiel announced on the 16th (local time) that, for the first time, he had sold a portion of his Palantir Technologies stake, worth about $3.4 billion, which he had held for over […]
Goldman Sachs Expects Gold to Be $2300 This YearGoldman Sachs, a global investment bank (IB), predicted a sharp rise in the price of gold this year. This reflects expectations of a decrease in interest rates despite the uncertainty of U.S. interest rates. Goldman Sachs predicted on the 18th that the price of gold this year would reach $2300 per ounce. Previously, Goldman Sachs […]
Investment Alert: Gold Prices Soar to Record Highs, Time to Buy In?Amid the gold price reaching an all-time high, experts have suggested increasing investments as the upward trend is expected to continue. Hwang Byung Jin, a researcher at NH Investment & Securities, stated in a report on the 11th, “As the tight monetary policy led by the U.S. Federal Reserve is nearing its end, the gold […]
Debate Emerges Over S&P 500 Surge: Bubble or Sustainable Growth?A sign announcing Wall Street is in front of the New York Stock Exchange (NYSE) building. Reuters/Yonhap News The U.S. Standard & Poor’s (S&P) 500 index has been on a tremendous rise this year, repeatedly breaking its all-time highs. This has sparked a debate about whether the stock price is in a bubble. The controversy […]
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 […]
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 […]
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%. […]
Goldman Sachs CIO Warns Against Investing in the Chinese MarketOn the 5th, police officers are saluting at the flagpole in front of the People’s Hall in Beijing, China. AP Yonhap News The Chief Investment Officer (CIO) of Goldman Sachs, a representative investment bank on Wall Street, warned against investing in the Chinese market at this time. He cited difficulties in sectors that have been […]
Elon Musk Beleaguered as Tesla Stocks Plummet and Lawsuits AriseElon Musk(photo) is battling on two fronts, in court and business. Following a defeat in a Tesla stock option lawsuit worth $56 billion, retired executives from X (formerly Twitter) have filed a lawsuit demanding $128 million in severance pay. An investigation into violations of securities laws by the U.S. Securities and Exchange Commission (SEC) is […]
Tesla's Savior? Cathie Wood Pins Hopes on Autonomous Taxi PlatformAs 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, […]
Real Reason Why Employees in THIS Company Take Only One Day Off in Three Years25% of KOMSCO staff didn't use annual leave; some received substantial compensation for unused leave, totaling $4.2 million last year.
FATF Maintains North Korea's High-Risk Status for Money Laundering and Terrorist FinancingFIU discussed sanctions at FATF General Assembly; maintained North Korea's high-risk status due to terrorist financing.
TPG Plans to Raise $5 Billion Asia Fund with 10% Allocated to Korean Market Texas Pacific Group (TPG), a global private equity managing firm, is set to establish a massive Asia buyout fund worth approximately $5 billion. They plan to invest around 10% of this fund into the South Korean market. According to Bloomberg and other sources, on the 26th, TPG is planning to close its eighth Asia buyout […]
JP Morgan: Bitcoin Outshines Gold as Top Investment Choice JP Morgan has rated Bitcoin’s investment value higher than gold’s. The Bitcoin spot ETF market is projected to grow to $220 billion in 2-3 years. On the 25th, JP Morgan stated in an investment report, “Bitcoin is taking up a larger share in investors’ portfolios than gold. When adjusting for volatility factors, the preference for […]
Iran's Currency Crisis: Rial Hits Record Low as Diplomatic Tensions Soar Amid Persian New Year celebrations, Iran’s currency plummeted to an all-time low of 613,500 rials per dollar on March 24th. On the last working day before the March 18th holiday, it was 590,000 rials per dollar. The exchange rate significantly affects other markets, including housing and rentals. Many Iranians have seen their life savings evaporate […]
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, […]
Peter Thiel Executes First Sale of Palantir (PLTR.N) Shares for $175 Million Peter Thiel, a key figure at the software and analytics firm Palantir Technologies, has sold a portion of his shares in the company. Thiel announced on the 16th (local time) that, for the first time, he had sold a portion of his Palantir Technologies stake, worth about $3.4 billion, which he had held for over […]
Goldman Sachs Expects Gold to Be $2300 This Year Goldman Sachs, a global investment bank (IB), predicted a sharp rise in the price of gold this year. This reflects expectations of a decrease in interest rates despite the uncertainty of U.S. interest rates. Goldman Sachs predicted on the 18th that the price of gold this year would reach $2300 per ounce. Previously, Goldman Sachs […]
Investment Alert: Gold Prices Soar to Record Highs, Time to Buy In? Amid the gold price reaching an all-time high, experts have suggested increasing investments as the upward trend is expected to continue. Hwang Byung Jin, a researcher at NH Investment & Securities, stated in a report on the 11th, “As the tight monetary policy led by the U.S. Federal Reserve is nearing its end, the gold […]
Debate Emerges Over S&P 500 Surge: Bubble or Sustainable Growth? A sign announcing Wall Street is in front of the New York Stock Exchange (NYSE) building. Reuters/Yonhap News The U.S. Standard & Poor’s (S&P) 500 index has been on a tremendous rise this year, repeatedly breaking its all-time highs. This has sparked a debate about whether the stock price is in a bubble. The controversy […]
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 […]
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 […]
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%. […]
Goldman Sachs CIO Warns Against Investing in the Chinese Market On the 5th, police officers are saluting at the flagpole in front of the People’s Hall in Beijing, China. AP Yonhap News The Chief Investment Officer (CIO) of Goldman Sachs, a representative investment bank on Wall Street, warned against investing in the Chinese market at this time. He cited difficulties in sectors that have been […]
Elon Musk Beleaguered as Tesla Stocks Plummet and Lawsuits Arise Elon Musk(photo) is battling on two fronts, in court and business. Following a defeat in a Tesla stock option lawsuit worth $56 billion, retired executives from X (formerly Twitter) have filed a lawsuit demanding $128 million in severance pay. An investigation into violations of securities laws by the U.S. Securities and Exchange Commission (SEC) is […]
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, […]
Real Reason Why Employees in THIS Company Take Only One Day Off in Three Years 25% of KOMSCO staff didn't use annual leave; some received substantial compensation for unused leave, totaling $4.2 million last year.
FATF Maintains North Korea's High-Risk Status for Money Laundering and Terrorist Financing FIU discussed sanctions at FATF General Assembly; maintained North Korea's high-risk status due to terrorist financing.
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