A Massive Complex Worth $4.56 Billion to be Built at LEGOLAND in ChuncheonChuncheon “Bio·IT” Corporate Innovation ParkGenerating over $4.56 billion in economic effectsInvestment of about $683 million in project costs A corporate innovation park, valued at $4.56 billion and combining bio and IT, is set to be established in Chuncheon, Gangwon Province, known for attractions such as Soyang River, Nami Island, and Legoland. On the 11th, the […]
Bitcoin Hits $76,000; Cryptocurrency Thefts Due to Issuance AuthorityBitcoin Surpasses $76,000PlayDapp delisted Virtual asset issuance authority stolen Bitcoin has been rallying daily, trading at $76,000 on Upbit, South Korea’s largest asset exchange. The rise of Bitcoin has influenced other leading coins like Ethereum and even “meme coins” to achieve their all-time highs. Yet, there were also coins that, regrettably, were delisted. The Digital […]
Kate Middleton's Photo Manipulation Sparks Speculation: What's Really Going On?British Crown Princess Kate MiddletonAdmits to Photo ManipulationDespite Admission, Suspicions Deepen… British Crown Princess Kate Middleton admitted that she manipulated her photograph and apologized. After undergoing abdominal surgery last January and disappearing from public view, the Crown Princess revealed her recent condition by releasing a photo nearly two months later. Despite Kensington Palace’s previous statement […]
Bitcoin's Soaring Price Is a Warning Sign For InvestorsBitcoin Soars to $68,000Warning from the U.S. Securities and Exchange CommissionWhat to Be Aware of Before Investing? The price of Bitcoin, the leading cryptocurrency, hit a record high of $68,000 at 4:51 PM on the 4th. It was $65,000 last week, but it has jumped significantly. Analysis has poured in that it has broken through […]
Buffett's Berkshire Hathaway Boasts All-Time High Cash Reserves: Nowhere to Invest?Berkshire Hathaway, the investment company of “Oracle of Omaha” Warren Buffett, recorded its all-time highest cash holdings, continuing its strong performance in the fourth quarter of last year. However, Buffett stated that the chances of achieving the same “eye-popping” results in the coming years are virtually nonexistent. According to the earnings report released by Berkshire […]
North Korea Designated High-Risk for Money Laundering and Terrorist Financing for 14th Consecutive Year North Korean leader Kim Jong Un presses a blasting button after attending a groundbreaking ceremony for a housing project in Hwasong, North Korea. The FATF designated North Korea as a high risk country for money laundering and terrorist financing, calling for countermeasures and financial sanctions...
Hong Kong ELS Investors Hit with $751 Million in Losses, Banks Pocket $140 Million in CommissionsAs the losses of customers who invested in ELS linked to the Hong Kong H-Index are expected to exceed $751 million soon, it has been revealed that these banks have earned about $140 million in commissions from H-Index-based ELS commodities. According to the financial sector, on the 26th, the total amount of H-Index-based ELS commodities […]
Samsung C&T Plans to Build Massive Solar Power Plant in Indiana, USASamsung C&T Corporation is building a massive solar power plant in Indiana, USA. They are tightening the reins on expanding solar development projects, which they have pinpointed as a future growth engine. They are in full swing to leap forward as a global eco-friendly energy company. According to a report submitted to the Bartholomew County […]
Shanghai Nickel Surges to Three-Month High Amid U.S. Sanctions on RussiaNickel in the Shanghai Futures Exchange has reached its highest level in three months. This is due to the expansion of U.S. sanctions against Russia and growing concerns over supply in Indonesia. According to the Shanghai Futures Exchange (SHFE) on the 26th, the price of nickel in March closed at 135,220 yuan ($18,784.74) per ton […]
US Congress Targets Chinese E-Commerce Giant Temu Over Forced Labor Allegations Chinese e-commerce platform Temu has become a controversial topic in the U.S. political arena over the issue of forced labor. Temu's sales events are garnering increasing attention, and some lawmakers are calling for the company to be regulated...
Critics Blame President Xi Jinping's Control Obsession for Struggles in Chinese Stock MarketChina and Hong Kong stock markets leak $1.5 trillion in January aloneXi Jinping’s obsession with control is the biggest problem, critics sayThe outlook suggests the potential for a rebound similar to JapanGoldman Sachs: “Active fiscal easing and economic adjustment to consumption are necessary” It’s not just the Chinese economy standing at a crossroads. The Chinese […]
China Condemns US Sanctions on Chinese Companies Supporting RussiaSix Chinese Companies Included in the U.S.’s SanctionsChina’s Ministry of Commerce, “We firmly oppose the disruption of trade order” China has objected to including several Chinese companies in sanctions imposed by the U.S. against companies supporting Russia. According to Reuters on the 26th, the Chinese Ministry of Commerce stated in a spokesperson’s statement, “China is […]
Buffett Boost: Japan's Big Five Trading Companies Soar on Berkshire's PraisePraises Japan’s big five trading companies in his annual letter Warren Buffett has once again energized the Japanese stock market. According to Bloomberg on the 26th (local time), Buffett, the chairman of Berkshire Hathaway, praised the five major Japanese trading companies (Itochu, Marubeni, Mitsubishi, Mitsui, Sumitomo) at length in his annual letter to shareholders on […]
Samsung's Galaxy AI Sets New Standards: What to Expect from the S24 Series The competition for AI phones is growing, led by Samsung Electronics' Galaxy S24, and Chinese manufacturers and Apple are also entering the market. The AI phone market is expected to drive innovation in ICT and provide direct benefits of AI technology to consumers...
Nvidia's Stock Surge: Riding High or Ready to Burst?Analysts have suggested it’s hard to see the sharp rise in Nvidia’s stock price after recording a fourth-quarter earnings surprise as a bubble. The factor that bursts a stock price bubble is a slowdown in sales, but the judgment is that Nvidia’s sales and operating profits can maintain a rapid increase. On the 26th, Eugene […]
Saudi Sovereign Wealth Fund Pledges $70 Billion Annually for Vision 2030 [TheGuru=HongSungHwan Lee] Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), plans to invest KRW 90 trillion annually starting in 2026 to fulfill its Vision 2030. "We plan to increase our annual capital deployment to $70 billion (about 93 trillion won) after 2025," PIF Governor Yasir Osman Alumayan said at the Future Investment Initiative (FII) conference in Miami, U.S., on Nov. 22, according to industry sources. Currently, PIFs invest between $40 billion and $50 billion (about $53 trillion and $67 trillion) annually. The fund invests 70 percent of its funds in Saudi Arabia and 20 to 25 percent abroad. "The share of foreign investments has decreased, but the volume has continued to grow," Alumayan said. "PIFs invested $100 billion (about $133 trillion) in each country between 2017 and 2023, creating more than 103,000 jobs," Alumayan said, emphasizing that "we have made a significant contribution to the U.S. economy." The PIF is the world's sixth-largest sovereign wealth fund with $600 billion in assets under management and is a key source of funding for Vision 2030 reforms. It is chaired by Saudi Arabia's Crown Prince Muhammad bin Salman, the country's de facto ruler. Saudi Arabia is implementing Vision 2030, a mid- to long-term development plan to move away from an oil-centric economy. It is a strategic national evolution plan to reduce the Saudi economy's dependence on oil, diversify its economic structure, and promote healthcare, education, infrastructure, recreation, and tourism. The goal is to expand non-oil exports from 16% in 2016 to 50% in 2030...
Kim Kardashian's Iconic Game Set to End: Fans Outraged Over Abrupt Termination Kim Kardashian's mobile game 'Kim Kardashian: Hollywood', which was released under her name in 2014, has announced that it will be shutting down in April...
Korean Semiconductors Caught in the Middle: Facing Pressure from U.S., China, and Japan With US President Joe Biden's visit to South Korea, the semiconductor industry is facing the challenge of securing competitiveness. The U.S. and Japan are expanding with software competitiveness and subsidies, and China is also looking for a way out of the U.S.'s grasp.
U.S. Allies Gear Up Against China's Trade Offensive in Electric Vehicles US expresses concern over China's dumping attempts. Respond with allies and build a public 'battery united front'. Opportunities for Korean companies. Strategies to combat Chinese overcapacity and low processing taxes. U.S., EU pressure China's EV industry. China's overcapacity could hurt global markets...
Investors Eye 'Sora': OpenAI's Breakthrough Technology Ignites Stock MarketThe era of true multimodal AI has begun The importance of multimodal AI is increasingly recognized in the global artificial intelligence (AI) market. Open AI / Ascannio-shutterstock.com Global AI companies like OpenAI and Google are accelerating their competition to secure multimodal AI technology that can comprehensively analyze and understand complex data such as images, […]
A Massive Complex Worth $4.56 Billion to be Built at LEGOLAND in Chuncheon Chuncheon “Bio·IT” Corporate Innovation ParkGenerating over $4.56 billion in economic effectsInvestment of about $683 million in project costs A corporate innovation park, valued at $4.56 billion and combining bio and IT, is set to be established in Chuncheon, Gangwon Province, known for attractions such as Soyang River, Nami Island, and Legoland. On the 11th, the […]
Bitcoin Hits $76,000; Cryptocurrency Thefts Due to Issuance Authority Bitcoin Surpasses $76,000PlayDapp delisted Virtual asset issuance authority stolen Bitcoin has been rallying daily, trading at $76,000 on Upbit, South Korea’s largest asset exchange. The rise of Bitcoin has influenced other leading coins like Ethereum and even “meme coins” to achieve their all-time highs. Yet, there were also coins that, regrettably, were delisted. The Digital […]
Kate Middleton's Photo Manipulation Sparks Speculation: What's Really Going On? British Crown Princess Kate MiddletonAdmits to Photo ManipulationDespite Admission, Suspicions Deepen… British Crown Princess Kate Middleton admitted that she manipulated her photograph and apologized. After undergoing abdominal surgery last January and disappearing from public view, the Crown Princess revealed her recent condition by releasing a photo nearly two months later. Despite Kensington Palace’s previous statement […]
Bitcoin's Soaring Price Is a Warning Sign For Investors Bitcoin Soars to $68,000Warning from the U.S. Securities and Exchange CommissionWhat to Be Aware of Before Investing? The price of Bitcoin, the leading cryptocurrency, hit a record high of $68,000 at 4:51 PM on the 4th. It was $65,000 last week, but it has jumped significantly. Analysis has poured in that it has broken through […]
Buffett's Berkshire Hathaway Boasts All-Time High Cash Reserves: Nowhere to Invest? Berkshire Hathaway, the investment company of “Oracle of Omaha” Warren Buffett, recorded its all-time highest cash holdings, continuing its strong performance in the fourth quarter of last year. However, Buffett stated that the chances of achieving the same “eye-popping” results in the coming years are virtually nonexistent. According to the earnings report released by Berkshire […]
North Korea Designated High-Risk for Money Laundering and Terrorist Financing for 14th Consecutive Year North Korean leader Kim Jong Un presses a blasting button after attending a groundbreaking ceremony for a housing project in Hwasong, North Korea. The FATF designated North Korea as a high risk country for money laundering and terrorist financing, calling for countermeasures and financial sanctions...
Hong Kong ELS Investors Hit with $751 Million in Losses, Banks Pocket $140 Million in Commissions As the losses of customers who invested in ELS linked to the Hong Kong H-Index are expected to exceed $751 million soon, it has been revealed that these banks have earned about $140 million in commissions from H-Index-based ELS commodities. According to the financial sector, on the 26th, the total amount of H-Index-based ELS commodities […]
Samsung C&T Plans to Build Massive Solar Power Plant in Indiana, USA Samsung C&T Corporation is building a massive solar power plant in Indiana, USA. They are tightening the reins on expanding solar development projects, which they have pinpointed as a future growth engine. They are in full swing to leap forward as a global eco-friendly energy company. According to a report submitted to the Bartholomew County […]
Shanghai Nickel Surges to Three-Month High Amid U.S. Sanctions on Russia Nickel in the Shanghai Futures Exchange has reached its highest level in three months. This is due to the expansion of U.S. sanctions against Russia and growing concerns over supply in Indonesia. According to the Shanghai Futures Exchange (SHFE) on the 26th, the price of nickel in March closed at 135,220 yuan ($18,784.74) per ton […]
US Congress Targets Chinese E-Commerce Giant Temu Over Forced Labor Allegations Chinese e-commerce platform Temu has become a controversial topic in the U.S. political arena over the issue of forced labor. Temu's sales events are garnering increasing attention, and some lawmakers are calling for the company to be regulated...
Critics Blame President Xi Jinping's Control Obsession for Struggles in Chinese Stock Market China and Hong Kong stock markets leak $1.5 trillion in January aloneXi Jinping’s obsession with control is the biggest problem, critics sayThe outlook suggests the potential for a rebound similar to JapanGoldman Sachs: “Active fiscal easing and economic adjustment to consumption are necessary” It’s not just the Chinese economy standing at a crossroads. The Chinese […]
China Condemns US Sanctions on Chinese Companies Supporting Russia Six Chinese Companies Included in the U.S.’s SanctionsChina’s Ministry of Commerce, “We firmly oppose the disruption of trade order” China has objected to including several Chinese companies in sanctions imposed by the U.S. against companies supporting Russia. According to Reuters on the 26th, the Chinese Ministry of Commerce stated in a spokesperson’s statement, “China is […]
Buffett Boost: Japan's Big Five Trading Companies Soar on Berkshire's Praise Praises Japan’s big five trading companies in his annual letter Warren Buffett has once again energized the Japanese stock market. According to Bloomberg on the 26th (local time), Buffett, the chairman of Berkshire Hathaway, praised the five major Japanese trading companies (Itochu, Marubeni, Mitsubishi, Mitsui, Sumitomo) at length in his annual letter to shareholders on […]
Samsung's Galaxy AI Sets New Standards: What to Expect from the S24 Series The competition for AI phones is growing, led by Samsung Electronics' Galaxy S24, and Chinese manufacturers and Apple are also entering the market. The AI phone market is expected to drive innovation in ICT and provide direct benefits of AI technology to consumers...
Nvidia's Stock Surge: Riding High or Ready to Burst? Analysts have suggested it’s hard to see the sharp rise in Nvidia’s stock price after recording a fourth-quarter earnings surprise as a bubble. The factor that bursts a stock price bubble is a slowdown in sales, but the judgment is that Nvidia’s sales and operating profits can maintain a rapid increase. On the 26th, Eugene […]
Saudi Sovereign Wealth Fund Pledges $70 Billion Annually for Vision 2030 [TheGuru=HongSungHwan Lee] Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), plans to invest KRW 90 trillion annually starting in 2026 to fulfill its Vision 2030. "We plan to increase our annual capital deployment to $70 billion (about 93 trillion won) after 2025," PIF Governor Yasir Osman Alumayan said at the Future Investment Initiative (FII) conference in Miami, U.S., on Nov. 22, according to industry sources. Currently, PIFs invest between $40 billion and $50 billion (about $53 trillion and $67 trillion) annually. The fund invests 70 percent of its funds in Saudi Arabia and 20 to 25 percent abroad. "The share of foreign investments has decreased, but the volume has continued to grow," Alumayan said. "PIFs invested $100 billion (about $133 trillion) in each country between 2017 and 2023, creating more than 103,000 jobs," Alumayan said, emphasizing that "we have made a significant contribution to the U.S. economy." The PIF is the world's sixth-largest sovereign wealth fund with $600 billion in assets under management and is a key source of funding for Vision 2030 reforms. It is chaired by Saudi Arabia's Crown Prince Muhammad bin Salman, the country's de facto ruler. Saudi Arabia is implementing Vision 2030, a mid- to long-term development plan to move away from an oil-centric economy. It is a strategic national evolution plan to reduce the Saudi economy's dependence on oil, diversify its economic structure, and promote healthcare, education, infrastructure, recreation, and tourism. The goal is to expand non-oil exports from 16% in 2016 to 50% in 2030...
Kim Kardashian's Iconic Game Set to End: Fans Outraged Over Abrupt Termination Kim Kardashian's mobile game 'Kim Kardashian: Hollywood', which was released under her name in 2014, has announced that it will be shutting down in April...
Korean Semiconductors Caught in the Middle: Facing Pressure from U.S., China, and Japan With US President Joe Biden's visit to South Korea, the semiconductor industry is facing the challenge of securing competitiveness. The U.S. and Japan are expanding with software competitiveness and subsidies, and China is also looking for a way out of the U.S.'s grasp.
U.S. Allies Gear Up Against China's Trade Offensive in Electric Vehicles US expresses concern over China's dumping attempts. Respond with allies and build a public 'battery united front'. Opportunities for Korean companies. Strategies to combat Chinese overcapacity and low processing taxes. U.S., EU pressure China's EV industry. China's overcapacity could hurt global markets...
Investors Eye 'Sora': OpenAI's Breakthrough Technology Ignites Stock Market The era of true multimodal AI has begun The importance of multimodal AI is increasingly recognized in the global artificial intelligence (AI) market. Open AI / Ascannio-shutterstock.com Global AI companies like OpenAI and Google are accelerating their competition to secure multimodal AI technology that can comprehensively analyze and understand complex data such as images, […]
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