China's War on Fake News: One-person Media Under ScrutinyThe Chinese government has investigated whether one-person media content creators manipulate their content. The goal of the Chinese government is to enhance the credibility of the one-person media environment. According to industry sources, on the 6th, the Central Internet Safety and Information Committee Office in China began a two-month special maintenance of the one-person media […]
U.S. Oil Reserves at Highest Since February, Prices RecoverOn the 2nd (local time), oil prices partially recovered losses after the US crude oil inventory significantly increased, boosting supply. July Brent crude traded at the $84 per barrel line, the lowest since mid-March, while West Texas Intermediate crude rose above $80. Commodity prices, including oil, became more attractive as the dollar value plummeted after […]
Tesla's Decision to Shut Down Supercharger Department Sends ShockwavesOn the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Federal Reserve Holds Interest Rates Steady Amid Economic UncertaintyThe New York stock market showed fluctuating results on May 1st (local time). According to Yonhap News, the Dow Jones Industrial Average closed at 37,903.29 on the New York Stock Exchange (NYSE), up 87.37 points (0.23%) from the previous day. The Standard & Poor’s (S&P) 500 index fell 17.30 points (0.34%) to 5,018.39, while the […]
China Welcomes Korean Companies' Investment Expansion: SK Group's CommitmentAccording to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
Breaking: North Korean Missiles Identified in Ukraine AttackDebris of North Korean ballistic missile found in Kharkiv, Ukraine (Ukraine/Reuters) Reuters reported on April 29th that a UN investigation team has confirmed the origin of the ballistic missile that struck Kharkiv, Ukraine, last January. The debris, found in a residential area in central Kharkiv on January 2nd, has been identified as being from North […]
Tech vs. Pests: How Drones Are Changing the Game in Pest ManagementA decades-long war remains unresolvedNot easy with conventional methods due to the high rate of reproductionDrones can quickly identify problem areasDevelopment is underway for attack drones that directly spray pesticides For decades, swarms of locusts have threatened global food security. Despite humanity’s efforts to harness all available technology to eradicate them, the same problem reoccurs […]
Palestinian Leader Appeals to U.S. to Halt Israeli Offensive in RafahWhite House, “No Entry into Rafah without Prior Agreement with the U.S.” Mahmoud Abbas, the President of the Palestinian National Authority, has called for U.S. intervention, anticipating an Israeli attack on Rafah in a few days. According to BBC on the 28th (local time), President Abbas, during a special meeting of the World Economic Forum […]
Melania Trump's Easter Brunch Guest Sparks VP SpeculationAxios reported on the 28th (local time) that North Dakota Governor Doug Burgum is emerging as a vice presidential candidate for Donald Trump, a Republican presidential candidate. Last month, on the 31st, celebrating Easter, Melania Trump, Trump’s wife, invited Governor Burgum and his wife to brunch at Mar-a-Lago, their private resort in Florida. Also, it […]
US Government Backs Micron with Massive $6.1B for Chip ManufacturingMicron Technology, a memory chip manufacturer, is set to receive subsidies from the U.S. government. On the 25th (local time), the U.S. government announced that it plans to provide $6.1 billion in subsidies and up to $7.5 billion in loans to aid the construction of Micron Technology’s new U.S. factory as part of a significant federal […]
Nicaragua's Financial Woes Lead to Embassy Closure in South KoreaNicaragua shuts down embassy in South Korea after 10 YearsFinancial difficulties were cited as the main reasonNumerous embassies also closed in Germany, U.S., and other locations Nicaragua has once again closed its embassy in South Korea after a decade, in contrast to its agreement to establish mutual embassies with North Korea. According to Yonhap News […]
Arms Race Alert: World Military Spending Hits Record $2.4 Trillion6.8% increase compared to the previous year, the highest since 2009The result of deploying troops for war and suppressing domestic riotsRussia accounts for 16% of the government’s total expenditureThe highest level since the dissolution of the Soviet UnionSouth Korea, moving down from 10th to 11th place Last year’s global military spending hit a record high. […]
Saudi Aramco's CEO: Global Energy Goals Need China's Low-Cost Green TechAs concerns escalated about a second China shock, with China exporting products like solar panels and electric vehicles at bargain prices to countries worldwide, including the U.S. and Europe, Saudi Arabia surprisingly defended China. According to the Financial Times (FT), on the 22nd (local time), Amin Nasser, CEO of Saudi Aramco, the state-owned oil company […]
US Housing Giant Dr. Horton Beats Estimates with Robust ProfitsAnalysts have reported that D.R. Horton (DHI), a company that builds homes and sells building materials in the U.S., ‘s quarterly results were better than expected. D.R. Horton’s second-quarter (January-March) sales were $9.11 billion, a 14.2% increase year over year, and its net income was $1.17 billion, a 24.4% increase. Earnings per share (EPS) were […]
Trump's Hush Money Trial Begins: Will it Impact His Political Future?Trump Faces 34 Charges, Tied to New York for 6 Weeks due to Trial Attendance The trial over allegations of a hush money payment to a porn star by Donald Trump officially began on the 22nd (local time). According to CNN, Judge Juan Merchan of the Manhattan Criminal Court opened the first trial and heard statements from the […]
Iran vs Israel: Fallout of a Massive Missile and Drone AttackOn the 22nd (local time), Iran, which had suggested a possible review of nuclear principles while exchanging limited attacks with Israel, drew the line on the possibility of developing nuclear weapons. According to United News, Nasir Khanani, the spokesman for the Iranian Ministry of Foreign Affairs, held a press conference that morning and stated that […]
US Secretary of State to Confront China Over Support to RussiaU.S. Secretary of State Antony Blinken to Visit Beijing and Shanghai, Meetings with Wang Yi and Others Expected U.S. Secretary of State Antony Blinken is set to visit China this week and is expected to urge the country to halt exports of military-capable components and semiconductors to Russia. According to Bloomberg on the 20th (local […]
How China's Millennials Are Driving the Luxury Market BoomChina’s luxury market is predicted to become the largest in the world. The shift in consumer trends, primarily among China’s younger population, is the main factor behind this growth. According to a report titled Inland China and Hong Kong Luxury Market released by the global consulting firm PwC China on the 21st, the Chinese luxury […]
Volkswagen's U.S. Plant Makes History: Workers Overwhelmingly Vote to Join UAW73% of voters in favor of joining the UAWSuccess in the South, where anti-union sentiment is strongMercedes-Benz Alabama factory to vote next month on 13th Workers at Volkswagen’s American factory have decided to join the United Auto Workers (UAW), according to a report by Reuters on the 19th (local time). The workers at Volkswagen’s only […]
American Express Beats Expectations with Stellar Earnings in Q1An American multinational financial services company, American Express (AXP), exceeded consensus with its first-quarter earnings. American Express’ first quarter revenue for 2024 reached $15.8 billion, a 10.6% increase yearly, and net income rose by 34.2% to $2.4 billion, surpassing market expectations. The total payment amount increased by 5.1% to $419.2 billion, and the total number […]
China's War on Fake News: One-person Media Under Scrutiny The Chinese government has investigated whether one-person media content creators manipulate their content. The goal of the Chinese government is to enhance the credibility of the one-person media environment. According to industry sources, on the 6th, the Central Internet Safety and Information Committee Office in China began a two-month special maintenance of the one-person media […]
U.S. Oil Reserves at Highest Since February, Prices Recover On the 2nd (local time), oil prices partially recovered losses after the US crude oil inventory significantly increased, boosting supply. July Brent crude traded at the $84 per barrel line, the lowest since mid-March, while West Texas Intermediate crude rose above $80. Commodity prices, including oil, became more attractive as the dollar value plummeted after […]
Tesla's Decision to Shut Down Supercharger Department Sends Shockwaves On the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty The New York stock market showed fluctuating results on May 1st (local time). According to Yonhap News, the Dow Jones Industrial Average closed at 37,903.29 on the New York Stock Exchange (NYSE), up 87.37 points (0.23%) from the previous day. The Standard & Poor’s (S&P) 500 index fell 17.30 points (0.34%) to 5,018.39, while the […]
China Welcomes Korean Companies' Investment Expansion: SK Group's Commitment According to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
Breaking: North Korean Missiles Identified in Ukraine Attack Debris of North Korean ballistic missile found in Kharkiv, Ukraine (Ukraine/Reuters) Reuters reported on April 29th that a UN investigation team has confirmed the origin of the ballistic missile that struck Kharkiv, Ukraine, last January. The debris, found in a residential area in central Kharkiv on January 2nd, has been identified as being from North […]
Tech vs. Pests: How Drones Are Changing the Game in Pest Management A decades-long war remains unresolvedNot easy with conventional methods due to the high rate of reproductionDrones can quickly identify problem areasDevelopment is underway for attack drones that directly spray pesticides For decades, swarms of locusts have threatened global food security. Despite humanity’s efforts to harness all available technology to eradicate them, the same problem reoccurs […]
Palestinian Leader Appeals to U.S. to Halt Israeli Offensive in Rafah White House, “No Entry into Rafah without Prior Agreement with the U.S.” Mahmoud Abbas, the President of the Palestinian National Authority, has called for U.S. intervention, anticipating an Israeli attack on Rafah in a few days. According to BBC on the 28th (local time), President Abbas, during a special meeting of the World Economic Forum […]
Melania Trump's Easter Brunch Guest Sparks VP Speculation Axios reported on the 28th (local time) that North Dakota Governor Doug Burgum is emerging as a vice presidential candidate for Donald Trump, a Republican presidential candidate. Last month, on the 31st, celebrating Easter, Melania Trump, Trump’s wife, invited Governor Burgum and his wife to brunch at Mar-a-Lago, their private resort in Florida. Also, it […]
US Government Backs Micron with Massive $6.1B for Chip Manufacturing Micron Technology, a memory chip manufacturer, is set to receive subsidies from the U.S. government. On the 25th (local time), the U.S. government announced that it plans to provide $6.1 billion in subsidies and up to $7.5 billion in loans to aid the construction of Micron Technology’s new U.S. factory as part of a significant federal […]
Nicaragua's Financial Woes Lead to Embassy Closure in South Korea Nicaragua shuts down embassy in South Korea after 10 YearsFinancial difficulties were cited as the main reasonNumerous embassies also closed in Germany, U.S., and other locations Nicaragua has once again closed its embassy in South Korea after a decade, in contrast to its agreement to establish mutual embassies with North Korea. According to Yonhap News […]
Arms Race Alert: World Military Spending Hits Record $2.4 Trillion 6.8% increase compared to the previous year, the highest since 2009The result of deploying troops for war and suppressing domestic riotsRussia accounts for 16% of the government’s total expenditureThe highest level since the dissolution of the Soviet UnionSouth Korea, moving down from 10th to 11th place Last year’s global military spending hit a record high. […]
Saudi Aramco's CEO: Global Energy Goals Need China's Low-Cost Green Tech As concerns escalated about a second China shock, with China exporting products like solar panels and electric vehicles at bargain prices to countries worldwide, including the U.S. and Europe, Saudi Arabia surprisingly defended China. According to the Financial Times (FT), on the 22nd (local time), Amin Nasser, CEO of Saudi Aramco, the state-owned oil company […]
US Housing Giant Dr. Horton Beats Estimates with Robust Profits Analysts have reported that D.R. Horton (DHI), a company that builds homes and sells building materials in the U.S., ‘s quarterly results were better than expected. D.R. Horton’s second-quarter (January-March) sales were $9.11 billion, a 14.2% increase year over year, and its net income was $1.17 billion, a 24.4% increase. Earnings per share (EPS) were […]
Trump's Hush Money Trial Begins: Will it Impact His Political Future? Trump Faces 34 Charges, Tied to New York for 6 Weeks due to Trial Attendance The trial over allegations of a hush money payment to a porn star by Donald Trump officially began on the 22nd (local time). According to CNN, Judge Juan Merchan of the Manhattan Criminal Court opened the first trial and heard statements from the […]
Iran vs Israel: Fallout of a Massive Missile and Drone Attack On the 22nd (local time), Iran, which had suggested a possible review of nuclear principles while exchanging limited attacks with Israel, drew the line on the possibility of developing nuclear weapons. According to United News, Nasir Khanani, the spokesman for the Iranian Ministry of Foreign Affairs, held a press conference that morning and stated that […]
US Secretary of State to Confront China Over Support to Russia U.S. Secretary of State Antony Blinken to Visit Beijing and Shanghai, Meetings with Wang Yi and Others Expected U.S. Secretary of State Antony Blinken is set to visit China this week and is expected to urge the country to halt exports of military-capable components and semiconductors to Russia. According to Bloomberg on the 20th (local […]
How China's Millennials Are Driving the Luxury Market Boom China’s luxury market is predicted to become the largest in the world. The shift in consumer trends, primarily among China’s younger population, is the main factor behind this growth. According to a report titled Inland China and Hong Kong Luxury Market released by the global consulting firm PwC China on the 21st, the Chinese luxury […]
Volkswagen's U.S. Plant Makes History: Workers Overwhelmingly Vote to Join UAW 73% of voters in favor of joining the UAWSuccess in the South, where anti-union sentiment is strongMercedes-Benz Alabama factory to vote next month on 13th Workers at Volkswagen’s American factory have decided to join the United Auto Workers (UAW), according to a report by Reuters on the 19th (local time). The workers at Volkswagen’s only […]
American Express Beats Expectations with Stellar Earnings in Q1 An American multinational financial services company, American Express (AXP), exceeded consensus with its first-quarter earnings. American Express’ first quarter revenue for 2024 reached $15.8 billion, a 10.6% increase yearly, and net income rose by 34.2% to $2.4 billion, surpassing market expectations. The total payment amount increased by 5.1% to $419.2 billion, and the total number […]
Hot Topics