Shinsegae Group's Mobile Payment Sale Hits a Wall as Kakao Pay Bows OutShinsegae Group's attempt to sell its mobile payment business falters as Kakao Pay pulls out of acquisition talks.
Hybe's IPO Drama: Chairman Bang Si-hyuk's Alleged Fraud Shakes Investor ConfidenceSouth Korea's regulators have referred Hybe's Bang Si-hyuk for prosecution over fraudulent trading during the IPO, profiting nearly 400 billion won.
The Hidden Crisis: Senior Poverty Rates in South Korea Shockingly HighSouth Korea's public pensions have grown, yet many older women and those over 75 remain excluded due to qualification issues.
Seoul Stocks Take a Hit as US Inflation Data DisappointsSeoul shares decline as US inflation data disappoints, with the Korea Composite Stock Price Index dropping 0.91% in early trading.
Korean Banking Boom: CEOs Cash In as Stocks Soar!Korean financial stocks surge, benefiting top executives with an average gain of 340 million won in shareholdings.
Toss Pay Takes Off: Overseas Transactions Quadruple in 2025!Toss Pay's overseas transaction value quadrupled in H1 2025, expanding its reach to 55 countries globally.
Seoul Stocks Soar as Tech Takes the Lead Amid Trump's Tariff ThreatsSeoul shares rose Tuesday, fueled by Wall Street gains and tech stocks amid US tariff threats, with the won strengthening slightly.
Nikola’s Bankruptcy Drama: The False Ad That Derailed Its Path to SuccessNikola filed for Chapter 11 bankruptcy after struggling with low revenue and high debt, leading to a stock plummet.
Porsche Plans to Cut 1,900 Jobs by 2029 Amid Restructuring EffortsPorsche plans to cut 1,900 jobs in Germany by 2029, facing challenges in EV production and financial losses projected at €2.5-3.5 billion.
Volvo Breaks Records with 763,000 Vehicle Sales in 2024, Driven by EV SurgeVolvo Cars reported record sales of 763,000 units in 2024, with EVs making up 23% of sales amid strong financial performance.
Ford's EV Division Faces $5.1 Billion Loss in 2024, with More Trouble AheadFord's EV division faces a $5.1 billion loss in 2024 and projects up to $5.5 billion in 2025, amid market challenges and limited offerings.
Lisa Cook Warns U.S. Stock Market Valuations Could Be Overly OptimisticLisa Cook warns of elevated U.S. stock and corporate bond valuations, raising concerns about potential market risks and liquidity issues.
Volkswagen Hit by Massive Data Scandal: 800,000 Electric Cars ExposedVolkswagen faces major challenges as it deals with data exposure and job cuts while restructuring to reduce costs and production capacity.
China Offers $14,000 Incentive for Second Child Amid Population CrisisChina launches a national campaign to encourage childbirth, addressing its serious low birthrate issue by supporting young couples.
66% of Americans Expect Stock Market to Rise in 2025, But Bitcoin May Face Volatility Amid Global TensionsA survey shows two-thirds of Americans expect stock market growth in 2025, but political tensions may impact both stocks and Bitcoin.
CitiGroup Exits Net-Zero Banking Alliance, Joins Growing List of U.S. Banks Scaling Back Climate CommitmentsCitiGroup exits the Net Zero Banking Alliance, joining other major banks in scaling back climate initiatives amid political pressures.
Why Did I Buy So Much? The Best Time of Day to Avoid Impulse PurchasesThe holiday season can lead to impulse buying; managing stress and practicing self-care helps maintain mindful shopping habits.
Can an App Tell You When You’ll Die? Death Clock App Offers Life Predictions Based on AIThe AI app Death Clock predicts life expectancy, aiding financial planning and motivating users to improve health and lifestyle choices.
China Maintains Crypto Ban, Hong Kong Offers New Opportunities for Crypto FirmsChina's central bank emphasizes strict cryptocurrency regulations while Hong Kong adopts a more favorable approach with new licensing.
Could Trump Make Bitcoin a U.S. Reserve Asset? Analysts Think It’s UnlikelyAnalysts doubt Bitcoin will become a strategic reserve asset under Trump, as U.S. dollar dominance remains strong amid economic challenges.
Shinsegae Group's Mobile Payment Sale Hits a Wall as Kakao Pay Bows Out Shinsegae Group's attempt to sell its mobile payment business falters as Kakao Pay pulls out of acquisition talks.
Hybe's IPO Drama: Chairman Bang Si-hyuk's Alleged Fraud Shakes Investor Confidence South Korea's regulators have referred Hybe's Bang Si-hyuk for prosecution over fraudulent trading during the IPO, profiting nearly 400 billion won.
The Hidden Crisis: Senior Poverty Rates in South Korea Shockingly High South Korea's public pensions have grown, yet many older women and those over 75 remain excluded due to qualification issues.
Seoul Stocks Take a Hit as US Inflation Data Disappoints Seoul shares decline as US inflation data disappoints, with the Korea Composite Stock Price Index dropping 0.91% in early trading.
Korean Banking Boom: CEOs Cash In as Stocks Soar! Korean financial stocks surge, benefiting top executives with an average gain of 340 million won in shareholdings.
Toss Pay Takes Off: Overseas Transactions Quadruple in 2025! Toss Pay's overseas transaction value quadrupled in H1 2025, expanding its reach to 55 countries globally.
Seoul Stocks Soar as Tech Takes the Lead Amid Trump's Tariff Threats Seoul shares rose Tuesday, fueled by Wall Street gains and tech stocks amid US tariff threats, with the won strengthening slightly.
Nikola’s Bankruptcy Drama: The False Ad That Derailed Its Path to Success Nikola filed for Chapter 11 bankruptcy after struggling with low revenue and high debt, leading to a stock plummet.
Porsche Plans to Cut 1,900 Jobs by 2029 Amid Restructuring Efforts Porsche plans to cut 1,900 jobs in Germany by 2029, facing challenges in EV production and financial losses projected at €2.5-3.5 billion.
Volvo Breaks Records with 763,000 Vehicle Sales in 2024, Driven by EV Surge Volvo Cars reported record sales of 763,000 units in 2024, with EVs making up 23% of sales amid strong financial performance.
Ford's EV Division Faces $5.1 Billion Loss in 2024, with More Trouble Ahead Ford's EV division faces a $5.1 billion loss in 2024 and projects up to $5.5 billion in 2025, amid market challenges and limited offerings.
Lisa Cook Warns U.S. Stock Market Valuations Could Be Overly Optimistic Lisa Cook warns of elevated U.S. stock and corporate bond valuations, raising concerns about potential market risks and liquidity issues.
Volkswagen Hit by Massive Data Scandal: 800,000 Electric Cars Exposed Volkswagen faces major challenges as it deals with data exposure and job cuts while restructuring to reduce costs and production capacity.
China Offers $14,000 Incentive for Second Child Amid Population Crisis China launches a national campaign to encourage childbirth, addressing its serious low birthrate issue by supporting young couples.
66% of Americans Expect Stock Market to Rise in 2025, But Bitcoin May Face Volatility Amid Global Tensions A survey shows two-thirds of Americans expect stock market growth in 2025, but political tensions may impact both stocks and Bitcoin.
CitiGroup Exits Net-Zero Banking Alliance, Joins Growing List of U.S. Banks Scaling Back Climate Commitments CitiGroup exits the Net Zero Banking Alliance, joining other major banks in scaling back climate initiatives amid political pressures.
Why Did I Buy So Much? The Best Time of Day to Avoid Impulse Purchases The holiday season can lead to impulse buying; managing stress and practicing self-care helps maintain mindful shopping habits.
Can an App Tell You When You’ll Die? Death Clock App Offers Life Predictions Based on AI The AI app Death Clock predicts life expectancy, aiding financial planning and motivating users to improve health and lifestyle choices.
China Maintains Crypto Ban, Hong Kong Offers New Opportunities for Crypto Firms China's central bank emphasizes strict cryptocurrency regulations while Hong Kong adopts a more favorable approach with new licensing.
Could Trump Make Bitcoin a U.S. Reserve Asset? Analysts Think It’s Unlikely Analysts doubt Bitcoin will become a strategic reserve asset under Trump, as U.S. dollar dominance remains strong amid economic challenges.
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