Argentina's 'Trump' Milei Triggers Credit Rating Plunge: What's Next?"Bloomberg reported on the 13th (local time) that credit rating agency S&P has downgraded Argentina’s credit rating from “CCC—” to “Selective Default or SD.” The downgrade was attributed to President Javier Milei, known as “Argentina’s Donald Trump,” ordering a bond swap. The Argentine government previously implemented a policy to exchange peso-denominated bonds worth $65 billion […]
Biden Proposes $7.3 Trillion Budget with Tax Increases on Rich and CorporationsThe Biden administration in the United States announced on the 11th a budget plan for fiscal year 2025 of $7.3 trillion. The plan aims to reduce the fiscal deficit through increased taxes on the wealthy and corporations and secure funds for new low-income support programs. However, the likelihood of the U.S. Congress constructing the budget […]
Musk's X Cancels Partnership With Former CNN AnchorX decided not to establish a commercial partnership after careful review.Musk’s “lack of authenticity in CNN’s approach on social media.” The social media X (former Twitter), owned by Tesla CEO EloSocials, abruptly canceled its partnership with Don Lemon, a former CNN anchor. According to CNBC in the US, Lemon was informed of this decision on […]
Elon Musk to Open-Source AI Chatbot Grok, Raising Pressure on OpenAIDetails of what will be open-sourced have not yet been disclosed Elon Musk, CEO of Tesla, announced on the 11th (local time) on his social media platform X (formerly Twitter) that he plans to release the source of the AI chatbot Grok this week, according to The Wall Street Journal (WSJ). The article did not […]
Japan Faces Pressure from China to Compensate for Radioactive Water From FukushimaChina has demanded a compensation system in preparation for damages caused by Japan’s contaminated water discharge. Since last year, China has been banning the import of Japanese seafood. According to Yonhap News on the 12th, Kyodo News reported that China is demanding Japan establish a compensation system in preparation for economic damages caused by the […]
IVE Kicks Off Global Tour With Sold Out Shows in LA & OaklandRising stars IVE will take North America by storm with their upcoming tour. According to Starship Entertainment, IVE departed on March 12 for IVE THE 1ST WORLD TOUR: SHOW WHAT I HAVE to fulfill their North American tour schedule. IVE will begin its North American tour in Los Angeles on March 13, Oakland on March […]
U.S. to Restrict Sale of Strategic Petroleum Reserves to ChinaThe U.S. Congress is pushing for a measure to prohibit the sale of strategic petroleum reserves to China. According to industry sources, on the 10th, U.S. bipartisan leaders agreed on the 3rd to continue operating a significant portion of government functions until the end of the fiscal year 2023 (October 2023 to September 2024) to […]
Russia Launches New Projects to Boost Birth Rate and Support Youth EducationThe Russian government is launching a new project to increase the domestic birth rate and strengthen support for youth education. According to KOTRA and other sources, on the 9th, Russia is planning to start five new national projects: △Family (aiming to increase birth rate and life expectancy) △, Russian Youth (aiming to better youth education) […]
Costco's Q2 Sales Slightly Below Expectations, But EPS Exceeds: Hold for NowWith Costco’s (COST) second-quarter earnings per share (EPS) exceeding market expectations, advice suggested that the stock should be held, even amidst valuation concerns. Costco’s sales for the second quarter of the fiscal year 2024 (November 27, 2023 – February 18, 2024, 12 weeks) increased by 5.7% from the previous year to $58.4 billion. The GAAP-based […]
Putin: 'Childbirth is Part of a Woman's Destiny'Russian President Vladimir Putin has stated that “childbirth” is inherently part of a woman’s destiny. According to Yonhap News, on the 7th (local time), the Russian news agency, TASS, reported that President Putin said “A woman’s destiny is to carry on the family lineage, which is a unique gift of nature,” in a speech at […]
Campbell Soup Company Beat Quarterly Estimates with Steady Demand for Quick Meals and CookiesCampbell Soup Co. slightly exceeded quarterly estimates due to steady demand. Campbell Soup Co. announced on the 6th that its quarterly sales and profits slightly exceeded market estimates, maintaining its annual forecast. The company’s stock rose 2% in early trading due to high prices and sustained demand for branded instant foods and cookies. The price of […]
Biden's State of the Union Address, 'Americans Are Writing the Greatest Comeback Story Never Told'Aiming at Trump, “I don’t do anger, revenge, or retaliation”Intends to Restore Abortion Ruling U.S. President Joe Biden mentioned a “great comeback” and indirectly criticized his election competitor, former President Donald Trump, in his State of the Union Address on the 7th (local time). He also emphasized the need for new policies, including the safeguarding […]
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, […]
Dell Technologies (DELL) Exceed Market Expectations With Increased AI Server SalesDell Technologies, a company that provides IT hardware, software, and service solutions, has exceeded market expectations with its quarterly results. Dell’s revenue for the fourth quarter of the fiscal year 2024 was $22.32 billion, a decrease of 10.9% compared to the previous year, exceeding market expectations. Despite the conservative perspective on investment among corporations, the […]
Social Media Star Zoe's North Korean Adventures Stir ControversyA foreign woman who introduces herself as a North Korean tour guide is making headlines. Zoe is a tour guide in North Korea operating an account named “zoediscoversnk” with 40,000 followers. Zoe shares information about North Korean restaurants, local residents, and natural landscapes through various social media accounts, including Instagram, YouTube, and X. Notably, Zoe […]
UN Appoints New Coordinator for North Korea, Marking First Entry Since Pandemic North Korea is allowing officials from international organizations to enter the country for the first time since the pandemic. Secretary-General António Guterres on Thursday appointed Joe Columbano, former head of the Office of the UN Resident Coordinator for China, as the new UN Resident Coordinator in Pyongyang, according to UN Headquarters. "Mr. Columbano will support North Korea's efforts in the context of the 2030 Sustainable Development Goals (SDGs) agenda and lead the United Nations team in areas such as food, security, social development services, resilience and sustainability, and data development management," said Secretary-General's spokesperson Stephane Dujarric.
India Set to Drive 20% of Global Growth in Next 5 to 7 Years: KKR ReportIndia is expected to play a critical role in global economic growth. Analysts predict that the synergy of active private sector investment and attentive government support will drive this growth. According to industry sources on the 3rd, Henry H. McVey, Chief Investment Officer (CIO) of the U.S. private equity firm KKR, recently stated in a […]
U.S. Strengthen Cybersecurity for Chinese-made Cranes Suspected of Being Spy ToolsThe U.S. government has taken measures to protect Chinese-made port cranes and other port facilities from cyberattacks, which have been raised as potential tools for Chinese espionage. The Chinese government has protested in response, claiming it to be a crackdown on its companies. According to the Korea Institute for International Economic Policy and other sources, […]
Amazon Sees Surge in North American Profitability, Target Price RaisedAmazon (AMZN) has seen a significant improvement in its North American business profitability, resulting in solid performance, and a report on the revision of its raised target price has been released. KB Securities has proposed a target price of $209, a 22.9% increase from the previous target price for Amazon, reflecting profitability improvements confirmed in […]
Stunning Photos of First Asian Woman To Be Global Ambassador for Dolce & Gabbana Actress Moon Ga-young is captivating attention with her dramatic and mesmerizing vibe.On Tuesday, KEIST released a behind-the-scenes look at the actress' ad campaign for fashion brand Dolce & Gabbana's Spring-Summer 2024 women's collection on its official Naver Post, social media and YouTube accounts...
Argentina's 'Trump' Milei Triggers Credit Rating Plunge: What's Next?" Bloomberg reported on the 13th (local time) that credit rating agency S&P has downgraded Argentina’s credit rating from “CCC—” to “Selective Default or SD.” The downgrade was attributed to President Javier Milei, known as “Argentina’s Donald Trump,” ordering a bond swap. The Argentine government previously implemented a policy to exchange peso-denominated bonds worth $65 billion […]
Biden Proposes $7.3 Trillion Budget with Tax Increases on Rich and Corporations The Biden administration in the United States announced on the 11th a budget plan for fiscal year 2025 of $7.3 trillion. The plan aims to reduce the fiscal deficit through increased taxes on the wealthy and corporations and secure funds for new low-income support programs. However, the likelihood of the U.S. Congress constructing the budget […]
Musk's X Cancels Partnership With Former CNN Anchor X decided not to establish a commercial partnership after careful review.Musk’s “lack of authenticity in CNN’s approach on social media.” The social media X (former Twitter), owned by Tesla CEO EloSocials, abruptly canceled its partnership with Don Lemon, a former CNN anchor. According to CNBC in the US, Lemon was informed of this decision on […]
Elon Musk to Open-Source AI Chatbot Grok, Raising Pressure on OpenAI Details of what will be open-sourced have not yet been disclosed Elon Musk, CEO of Tesla, announced on the 11th (local time) on his social media platform X (formerly Twitter) that he plans to release the source of the AI chatbot Grok this week, according to The Wall Street Journal (WSJ). The article did not […]
Japan Faces Pressure from China to Compensate for Radioactive Water From Fukushima China has demanded a compensation system in preparation for damages caused by Japan’s contaminated water discharge. Since last year, China has been banning the import of Japanese seafood. According to Yonhap News on the 12th, Kyodo News reported that China is demanding Japan establish a compensation system in preparation for economic damages caused by the […]
IVE Kicks Off Global Tour With Sold Out Shows in LA & Oakland Rising stars IVE will take North America by storm with their upcoming tour. According to Starship Entertainment, IVE departed on March 12 for IVE THE 1ST WORLD TOUR: SHOW WHAT I HAVE to fulfill their North American tour schedule. IVE will begin its North American tour in Los Angeles on March 13, Oakland on March […]
U.S. to Restrict Sale of Strategic Petroleum Reserves to China The U.S. Congress is pushing for a measure to prohibit the sale of strategic petroleum reserves to China. According to industry sources, on the 10th, U.S. bipartisan leaders agreed on the 3rd to continue operating a significant portion of government functions until the end of the fiscal year 2023 (October 2023 to September 2024) to […]
Russia Launches New Projects to Boost Birth Rate and Support Youth Education The Russian government is launching a new project to increase the domestic birth rate and strengthen support for youth education. According to KOTRA and other sources, on the 9th, Russia is planning to start five new national projects: △Family (aiming to increase birth rate and life expectancy) △, Russian Youth (aiming to better youth education) […]
Costco's Q2 Sales Slightly Below Expectations, But EPS Exceeds: Hold for Now With Costco’s (COST) second-quarter earnings per share (EPS) exceeding market expectations, advice suggested that the stock should be held, even amidst valuation concerns. Costco’s sales for the second quarter of the fiscal year 2024 (November 27, 2023 – February 18, 2024, 12 weeks) increased by 5.7% from the previous year to $58.4 billion. The GAAP-based […]
Putin: 'Childbirth is Part of a Woman's Destiny' Russian President Vladimir Putin has stated that “childbirth” is inherently part of a woman’s destiny. According to Yonhap News, on the 7th (local time), the Russian news agency, TASS, reported that President Putin said “A woman’s destiny is to carry on the family lineage, which is a unique gift of nature,” in a speech at […]
Campbell Soup Company Beat Quarterly Estimates with Steady Demand for Quick Meals and Cookies Campbell Soup Co. slightly exceeded quarterly estimates due to steady demand. Campbell Soup Co. announced on the 6th that its quarterly sales and profits slightly exceeded market estimates, maintaining its annual forecast. The company’s stock rose 2% in early trading due to high prices and sustained demand for branded instant foods and cookies. The price of […]
Biden's State of the Union Address, 'Americans Are Writing the Greatest Comeback Story Never Told' Aiming at Trump, “I don’t do anger, revenge, or retaliation”Intends to Restore Abortion Ruling U.S. President Joe Biden mentioned a “great comeback” and indirectly criticized his election competitor, former President Donald Trump, in his State of the Union Address on the 7th (local time). He also emphasized the need for new policies, including the safeguarding […]
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, […]
Dell Technologies (DELL) Exceed Market Expectations With Increased AI Server Sales Dell Technologies, a company that provides IT hardware, software, and service solutions, has exceeded market expectations with its quarterly results. Dell’s revenue for the fourth quarter of the fiscal year 2024 was $22.32 billion, a decrease of 10.9% compared to the previous year, exceeding market expectations. Despite the conservative perspective on investment among corporations, the […]
Social Media Star Zoe's North Korean Adventures Stir Controversy A foreign woman who introduces herself as a North Korean tour guide is making headlines. Zoe is a tour guide in North Korea operating an account named “zoediscoversnk” with 40,000 followers. Zoe shares information about North Korean restaurants, local residents, and natural landscapes through various social media accounts, including Instagram, YouTube, and X. Notably, Zoe […]
UN Appoints New Coordinator for North Korea, Marking First Entry Since Pandemic North Korea is allowing officials from international organizations to enter the country for the first time since the pandemic. Secretary-General António Guterres on Thursday appointed Joe Columbano, former head of the Office of the UN Resident Coordinator for China, as the new UN Resident Coordinator in Pyongyang, according to UN Headquarters. "Mr. Columbano will support North Korea's efforts in the context of the 2030 Sustainable Development Goals (SDGs) agenda and lead the United Nations team in areas such as food, security, social development services, resilience and sustainability, and data development management," said Secretary-General's spokesperson Stephane Dujarric.
India Set to Drive 20% of Global Growth in Next 5 to 7 Years: KKR Report India is expected to play a critical role in global economic growth. Analysts predict that the synergy of active private sector investment and attentive government support will drive this growth. According to industry sources on the 3rd, Henry H. McVey, Chief Investment Officer (CIO) of the U.S. private equity firm KKR, recently stated in a […]
U.S. Strengthen Cybersecurity for Chinese-made Cranes Suspected of Being Spy Tools The U.S. government has taken measures to protect Chinese-made port cranes and other port facilities from cyberattacks, which have been raised as potential tools for Chinese espionage. The Chinese government has protested in response, claiming it to be a crackdown on its companies. According to the Korea Institute for International Economic Policy and other sources, […]
Amazon Sees Surge in North American Profitability, Target Price Raised Amazon (AMZN) has seen a significant improvement in its North American business profitability, resulting in solid performance, and a report on the revision of its raised target price has been released. KB Securities has proposed a target price of $209, a 22.9% increase from the previous target price for Amazon, reflecting profitability improvements confirmed in […]
Stunning Photos of First Asian Woman To Be Global Ambassador for Dolce & Gabbana Actress Moon Ga-young is captivating attention with her dramatic and mesmerizing vibe.On Tuesday, KEIST released a behind-the-scenes look at the actress' ad campaign for fashion brand Dolce & Gabbana's Spring-Summer 2024 women's collection on its official Naver Post, social media and YouTube accounts...
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