Ikea Plans to Spend $327 Million in SKorea to Win Market Share:
bloomberg.com/news/articles/2024-03-16/ikea-plans-to-spend-327-million-in-skorea-to-win-market-share
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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
Paid articlePaid Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA: Bank of Singapore Ltd., the private-banking arm of Oversea-Chinese Banking Corp. ...
bloomberg.com/news/articles/2024-04-27/singapore-bank-fires-workers-over-misuse-of-medical-claims-cna
North Korea accuses US of politicizing human rights issues: North Korea accused the United States on Saturday of politicizing human rights in the East Asian ...
reuters.com/world/north-korea-accuses-us-politicizing-human-rights-issues-2024-04-27/
Quick Glance: North Korea accuses US of politicizing rights concerns
- North Korea accuses the United States of politically instrumentalizing human rights in the East Asian country, condemning it as political provocation and conspiracy.
- Pyongyang criticized Washington for using human rights as a means for invasions and hostile behavior towards North Korea, threatening decisive actions to safeguard its sovereignty and safety.
- An annual report by the US State Department this week highlighted 'significant human rights issues' in North Korea, including arbitrary killings, enforced disappearances, torture, and other cruel treatments by government authorities.
- Additionally, North Korea criticized the US for urging them to cease missile launches and emphasized the continuation of their space reconnaissance mission to enhance the country's security.
Yen (JPY) Short Bets Hit a Record Ahead of BOJ Meeting: Traders upped bearish yen positions to a record high in the days ahead of the Bank of Japan’s policy ...
bloomberg.com/news/articles/2024-04-26/yen-traders-boosted-shorts-to-fresh-record-ahead-of-boj-meeting
Paid articlePaid US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
Paid articlePaid US Small-Business Rent Delinquencies Rise to a Three-Year High: The delinquency rate for US small businesses climbed to a three-year high this month ...
bloomberg.com/news/articles/2024-04-26/us-small-business-rent-delinquencies-rise-to-a-three-year-high
Paid articlePaid US, South Korea outline visions for cost-sharing on troops, US negotiator says: U.S. and South Korean officials outlined respective visions for a new agreement ...
reuters.com/world/us-south-korea-outline-visions-cost-sharing-troops-us-negotiator-says-2024-04-26/
Quick Glance: US, South Korea Lay Out Plans for Troop Cost-Sharing
- U.S. and South Korean officials outlined their respective proposals for a new agreement regarding cost-sharing for the maintenance of American troops in South Korea in recent discussions and will continue to engage in consultations as needed, according to the chief U.S. negotiator.
- Designated envoys have been appointed to commence early discussions for a forthcoming agreement set to come into effect in 2026.
- Amid Trump's term in office, there were extensive negotiations before Seoul eventually agreed to boost its financial commitment by 13.9% compared to the previous 2019 arrangement, where Seoul annually contributed around $920 million.
- As per the U.S. Government Accountability Office, the U.S. Defense Department allocated approximately $13.4 billion in South Korea between 2016 and 2019 for military salaries, infrastructure development, and upkeep, while South Korea provided $5.8 billion to support the U.S. presence.
Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
Tech Rally Propels Emerging Stocks to Best Week Since July: Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months ...
bloomberg.com/news/articles/2024-04-26/em-stocks-head-for-best-week-since-july-on-us-tech-spillover
Paid articlePaid UMB Financial in Talks to Acquire Rival Bank Heartland: UMB Financial Corp. is in talks to acquire rival Heartland Financial USA Inc., people with knowledge of ...
bloomberg.com/news/articles/2024-04-26/umb-financial-in-talks-to-acquire-rival-bank-heartland
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TSMC aims to produce ultra-advanced 1.6-nm chips by 2026 : TAIPEI -- Taiwan Semiconductor Manufacturing Co. says it will start production of ultra-advanced ...
asia.nikkei.com/Business/Tech/Semiconductors/TSMC-aims-to-produce-ultra-advanced-1.6-nm-chips-by-2026
Paid articlePaidQuick Glance: TSMC to Produce Ultra-Advanced 1.6-nm Chips by 2026
- Taiwan Semiconductor Manufacturing Co. announced at the North America Technology Symposium in California that it will start production of ultra-advanced 1.6-nanometer chips by 2026 to secure its leadership over the next decade.
- TSMC unveiled its A16 technology at the symposium, emphasizing that the introduction of 1.6-nm chipmaking technology can greatly improve logic chip density and performance.
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea Warns of Collapse of US Subsidies Due to Chinese EV Supply Chain Dominance
- China’s grip on the EV supply chain threatens US subsidies, warns South Korea.
- South Korea warns that China’s control over a crucial battery material will make it nearly impossible for any electric vehicle makers to qualify for President Joe Biden's subsidy scheme.
- The United States announced last week that they will provide up to $6.4 billion in federal subsidies to the South Korean technology giant Samsung Electronics, investing $40 billion in its Texas facilities for cutting-edge logic chips, advanced packaging, and next-generation chip technology research and development.
US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
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The Axis of Upheaval: How America’s Adversaries Are Uniting to Overturn the Global Order
foreignaffairs.com/china/axis-upheaval-russia-iran-north-korea-taylor-fontaine
Paid articlePaid Smaller towns in South Korea bear brunt of doctors’ shortage
reut.rs/3wdhLFh
Quick Glance: Smaller Towns in South Korea Struggle with Doctor Shortage
- Hospitals in South Korea's smaller cities are facing a shortage of physicians as a nationwide strike by trainee doctors continues to protest plans to increase medical school admissions.
- While Seoul has top-tier hospitals, smaller towns are suffering from a lack of doctors, exacerbated by an aging population and the world's lowest birth rates.
- South Korea has one of the lowest doctor-to-patient ratios among developed countries, prompting government efforts to increase medical school enrollments, a move met with resistance from trainee doctors and medical groups.
- Addressing the shortage of doctors in underserved areas and preventing them from clustering in Seoul requires not just an increase in doctor numbers but also policy changes, according to experts in the field.
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
Paid articlePaidQuick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Drop in BOJ’s Bond Holdings Gives Market Taste of Quantitative Tightening: Investors in Japanese government bonds have already had a taste of quantitative ...
bloomberg.com/news/articles/2024-04-26/drop-in-boj-s-bond-holdings-gives-market-taste-of-quantitative-tightening
Dovish BOJ Decision Paves Way for Even Weaker Yen, Analysts Say: The Bank of Japan largely left its monetary policy settings unchanged Friday ...
bloomberg.com/news/articles/2024-04-26/dovish-boj-decision-paves-way-for-even-weaker-yen-analysts-say
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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North Korea test-fires multiple rocket launchers to scare 'enemy': In a bid to show its military might to the world, especially its principal enemy South Korea ...
thenews.com.pk/latest/1182447-north-korea-test-fires-multiple-rocket-launchers-to-scare-enemy
Quick Glance: Kim Jong Un's Rocket Tests and Possible Russian Assistance
- Kim Jong Un oversaw tests for a rocket capable of hitting Seoul in South Korea and potentially aiding Russia in the conflict with Ukraine.
- The 240-millimeter multiple rocket launcher has an estimated range of 40 to 60 kilometers and could enhance the artillery capabilities of the Korean People's Army.
- Experts suggest the rocket could be significant for export, such as to Russia, and useful in the war in Ukraine.
- Despite denials of an arms deal, reports indicate North Korea has been shipping military equipment to Russia, possibly indicating collaboration between the two countries.
South Korea men's soccer team falls to Indonesia, misses Paris Olympics: DOHA, Qatar (AP) -- South Korea will miss the men's soccer tournament at the ...
asia.nikkei.com/Spotlight/Sports/South-Korea-men-s-soccer-team-falls-to-Indonesia-misses-Paris-Olympics
Quick Glance: South Korea's Olympic Qualification Hopes Dashed by Indonesia Defeat
- South Korea's men's soccer team will miss out on the Olympic football tournament for the first time since 1984 after a loss to Indonesia in the Under-23 Asian Cup quarterfinals that went to a penalty shootout.
- Indonesia secured a spot in the last four teams by winning the penalty shootout 11-10, with the game ending 2-2 after extra time.
- Despite Jeong Sang-bin's equalizer with 14 minutes left, and being down to 10 players due to a red card for Lee Young-jun, Lee Kang-hee missed his shot in the shootout, allowing Pratama Arhan to score the winning goal.
- Japan emerged victorious against host Qatar in a 4-2 extra-time win, maintaining their path towards an eighth consecutive Olympic appearance. Saudi Arabia will face Uzbekistan, and Iraq will meet Vietnam. The fourth-placed team will have a playoff against Guinea in May to secure a place in Paris.
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Snap Stock Jumps After Sales Projections Beat Estimates on Ads: Snap Inc. gained in extended trading after projecting that revenue in the current quarter will ...
bloomberg.com/news/articles/2024-04-25/snap-projects-sales-that-tops-estimates-on-improved-ad-business
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Walmart’s Rob Walton to Retire From Board: Chipotle CEO Brian Niccol will replace his spot on the board of directors.
barrons.com/articles/walmart-rob-walton-retire-board-26c3cd33
Paid articlePaid US wants allies to cut chip-related China exports amid Huawei alarm : Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and ...
ft.com/content/4ecea0a7-a5cd-40b0-8a24-b72c1c1a8996
Bill Gross Says Stick to Value Stocks, Avoid Tech as Treasury Yields Soar: Bill Gross offered some advice to investors as Treasuries and equities slumped ...
bloomberg.com/news/articles/2024-04-25/bill-gross-says-stick-to-value-over-tech-as-us-yields-soar
Paid articlePaid US Treasury Yields Rise as Price Pressures Cast Doubt on Fed Rate-Cut Path: Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts ...
bloomberg.com/news/articles/2024-04-25/treasuries-hold-losses-after-seven-year-sale-meets-expectations
Paid articlePaid China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad: China’s overseas investment is heading for an eight-year high as its dominant ...
bloomberg.com/news/articles/2024-04-25/china-firms-are-investing-abroad-at-fastest-pace-in-eight-years
Paid articlePaid Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund: Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-seeks-to-raise-1-billion-for-a-new-crypto-fund
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
Smokeless Products Are the Future of Big Tobacco. This Company Is Losing the Race.
on.barrons.com/3y3rpdW
South Korea: World Scout Jamboree disaster blamed on government: An independent report says authorities failed to deliver a safe event for thousands of children.
bbc.com/news/world-asia-68902885
Gold Continues to Boom. The Major Buyer: Central Bankers: Central banks have long been supporting players in the demand for gold. But the sanction on dollar ...
on.barrons.com/3xSUbhu
Traders See Cocoa Rally Top $15,000 on Lingering Supply Shortage: Cocoa prices have been on a tear this year and the rally may have even more room to run as bean ...
bloomberg.com/news/articles/2024-04-25/traders-see-cocoa-rally-top-15-000-on-lingering-supply-shortage
G42 Allies With US Over China in Global AI Conflict: Abu Dhabi-based G42 found it could no longer play for both teams.
bloomberg.com/news/articles/2024-04-25/g42-allies-with-us-over-china-in-global-ai-conflict
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The Dream of Fed Rate Cuts Is Slipping Away: Investors are backing away from expectations that the central bank can reduce rates in coming months ...
wsj.com/economy/central-banking/the-dream-of-fed-rate-cuts-is-slipping-away-55903ca5
The luck of the Narwhal in Korea: Part 1 : Narwhals have always been viewed with a sense of wonder tinged with supernatural mysticism ...
koreatimes.co.kr/www/opinion/2024/04/721_373548.html
Household Debt Hits Record High As Indians Splurge, Study Shows: India’s household debt likely surged to a record in the final three months of last year ...
bloomberg.com/news/articles/2024-04-25/household-debt-hits-record-high-as-indians-splurge-study-shows
Paid articlePaid South Korean cafe Hollys readies first Japanese outpost in Osaka: OSAKA -- South Korean cafe chain Hollys opens its first Japanese location next week in Osaka ...
asia.nikkei.com/Business/Food-Beverage/South-Korean-cafe-Hollys-readies-first-Japanese-outpost-in-Osaka
Singer Paul Kim announces marriage : Singer Paul Kim announced on Thursday his marriage via his official website, sharing plans to begin a new life with his ...
koreatimes.co.kr/www/art/2024/04/398_373529.html
Wealthy Koreans are twice as happy with life as non-rich: bank report : The richer people are, the more satisfied they are with their life and appearance ...
koreatimes.co.kr/www/biz/2024/04/175_373483.html
Here's Who's Winning the Global Fight for AI Talent: Inside the competition for top-tier researchers.
bloomberg.com/news/articles/2024-04-25/here-s-who-s-winning-the-global-fight-for-ai-talent
Paid articlePaid K-pop giant HYBE shares take another hit as dispute with NewJeans label drags on: A South Korean music executive credited with creating popular K-pop group ...
reuters.com/business/media-telecom/k-pop-giant-hybe-shares-take-another-hit-dispute-with-newjeans-label-drags-2024-04-26/
Retired Indonesian diplomat embarks on journey as artist in Korea : Nuradi Noeri, 60, a retired Indonesian diplomat, is now in Korea passionately pursuing his ...
koreatimes.co.kr/www/culture/2024/04/262_373225.html
US Births Fell Last Year to Lowest Total Since 1979, Report Says: US births declined in 2023 to their lowest level in more than 40 years, continuing a two-decade ...
bloomberg.com/news/articles/2024-04-25/us-births-fell-last-year-to-lowest-total-since-1979-report-says
Paid articlePaid High schooler praised for returning $1,000 found on street : A high school student's display of honesty has garnered widespread attention after she returned 1 ...
koreatimes.co.kr/www/nation/2024/04/113_373493.html
Elon Musk impersonator tells Korean woman he loves her, dupes her of $50,000
deccanherald.com/world/elon-musk-impersonator-tells-korean-woman-he-loves-her-dupes-her-of-50000-2996137
Pursuing Rapprochement Between China, Japan, and South Korea: Restarting the trilateral could be a remedy for the growing geopolitical rift and help ensure ...
thediplomat.com/2024/04/pursuing-rapprochement-between-china-japan-and-south-korea/
NewJeans: The controversy shaking the K-pop world: The infighting between K-pop powerhouse Hybe and its label Ador has put fans on edge.
bbc.com/news/articles/c98zyq3g8xyo
Unification minister, US envoy to visit site of NK abduction next month: Kim Yung-ho, South Korea's point man on North Korea, and Julie Turner, the U.S ...
koreatimes.co.kr/www/nation/2024/04/103_373561.html
[VIDEO] Guess who: Which K-pop act is sitting behind our guests? : After appearing on the 2023 audition program, 'Boys Planet,' the four contestants from the ...
koreatimes.co.kr/www/nation/2024/04/822_373488.html
![[VIDEO] Guess who: Which K-pop act is sitting behind our guests?](/web/db/posts/45175/45175132.jpg)
Awarding-winning Korean literary gems on show at COEX: An array of award-winning Korean literary gems, from a novel recounting the horrors of Jeju Island’s 1948 ...
koreatimes.co.kr/www/culture/2024/04/142_373499.html
Latvian ambassador reflects on 20th anniversary of EU, NATO membership : Latvian Ambassador to Korea Aris Vigants said the Baltic nation's strategic decision to ...
koreatimes.co.kr/www/nation/2024/04/120_373490.html
As young South Koreans struggle to find work, training centres aim to better their chances
channelnewsasia.com/asia/south-korea-jobless-unemployed-training-centre-better-chances-4294866
Managers at Samsung now have to work six days instead of five: Due to the poor business figures in 2023, a "sense of crisis" is to be conveyed ...
derstandard.at/story/3000000216674/fuehrungskraefte-bei-samsung-muessen-nun-sechs-statt-fuenf-tage-arbeiten
Lee Ji-ah to host season finale of 'SNL Korea' : Actor Lee Ji-ah will host the season finale of 'SNL Korea' on Coupang Play, showcasing her diverse ...
koreatimes.co.kr/www/art/2024/04/398_373491.html
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
- The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.
- GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.
- Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.
- Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
Convenience stores become popular sales platform for small gold bars : Amid rising gold prices, Koreans are hoarding gold sold at convenience stores as an ...
koreatimes.co.kr/www/biz/2024/04/126_373482.html
Hyundai Motor to bolster hybrid sales amid falling EV sentiment : Hyundai Motor will boost sales of its hybrid cars and SUVs as part of its key strategy to ...
koreatimes.co.kr/www/tech/2024/04/419_373481.html
South Korea's 'first' sex festival gets cancelled. Here's what changed its fate
wionews.com/world/south-koreas-first-sex-festival-gets-cancelled-heres-what-changed-its-fate-714830
Imported liquor prices set to increase amid high exchange rate, logistics costs : Various imported liquors here are raising their prices due to the strengthening ...
koreatimes.co.kr/www/tech/2024/04/419_373468.html
Kep1er in talks to extend group activities : Project girl band Kep1er, formed via the 2021 audition show 'Girls Planet 999,' is in talks to extend its group ...
koreatimes.co.kr/www/art/2024/04/732_373489.html
Hybe's Internal Strife with Ador CEO Min Hee-jin Wipes Out $873 Million: Hybe Co.’s shares tumbled Friday as internal strife between the K-pop giant and ...
bloomberg.com/news/articles/2024-04-26/k-pop-agency-hybe-s-internal-strife-wipes-out-873-million-value
Why South Korean pop culture rocks and North Korea’s does not: Dictatorship stifles creativity and joy
economist.com/culture/2024/04/22/why-south-korean-pop-culture-rocks-and-north-koreas-does-not
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
Aramco-backed S-Oil expects Q2 refining margins to remain steady then trend upward
arabnews.com/node/2499716/business-economy
Sparking kids’ interest in learning to improve lives: THERE is an inequity when it comes to education – which is a fundamental human right – affecting students ...
thestar.com.my/metro/metro-news/2024/04/27/sparking-kids-interest-in-learning-to-improve-lives
The 21 Best K-Beauty Products to Try Right Now: From viral SPFs to snackable essence pads to longwear lip tints, these Korean beauty products — recommended by ...
nylon.com/beauty/best-korean-beauty-products
More than 1 out of 4 sex crimes in Korea take place online : More than one out of four sex crimes in Korea are committed online as digital technology continues ...
koreatimes.co.kr/www/nation/2024/04/251_373475.html
Samsung showcases Team AI that handles your everyday chores: Samsung’s 2024 lineup of Bespoke home appliances has some amazing products. However ...
sammobile.com/news/samsung-showcases-team-ai/
Mobile makers can offer market for fabs if they make 10-14 nm chips: Nanometer Chip Production: The total demand for semiconductors in the country varies from ...
business-standard.com/industry/news/ability-to-make-10-14-nm-semiconductor-crucial-to-grab-smartphone-mkt-124042600677_1.html
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Golden generation - Editorial - The Jakarta Post: Golden generation - Editorial - The Jakarta Post
thejakartapost.com/opinion/2024/04/27/golden-generation.html
How US allies are preparing for a possible second Trump term - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/25/how-us-allies-are-preparing-for-a-possible-second-trump-term.html
[INTERVIEW] 'Kick-START': TIOT embarks on new adventure with Ye-chan : In today's video, our guests sat in front of a rookie K-pop boy band without ...
koreatimes.co.kr/www/art/2024/04/732_373453.html
![[INTERVIEW] 'Kick-START': TIOT embarks on new adventure with ...](/web/db/posts/45173/45173479.jpg)
Delivery Hero SE (DLVHF) Q1 2024 Earnings Call Transcript: Delivery Hero SE (OTCPK:DLVHF) Q1 2024 Earnings Conference Call April 25, 2024 8:00 AM ETCompany ...
seekingalpha.com/article/4686652-delivery-hero-se-dlvhf-q1-2024-earnings-call-transcript
South Korea reluctant to help Taiwan in cross-strait conflict | Taiwan News | Apr. 26, 2024 15:48
taiwannews.com.tw/en/news/5674257
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