economy
The New York stock market experienced its largest decline in five years on 3rd April due to fears of a recession following the announcement of mutual tariffs. Major tech stocks…
Securities analysts predict that the impact of the US imposing a 25% tariff on automobiles will have limited effects on domestic automobile sectors. Despite potential contraction in automobile production in…
Heungkuk Securities has predicted that LX International will see disappointing results for Q1 2021, due to a decline in profitability across all sectors including logistics, resources, and trading. The investment…
NH NongHyup Bank reported a financial incident involving a loan consultant who inflated the appraisal value of multi-family housing, leading to an excessive housing mortgage loan of over 20 billion…
Nvidia’s stock fell nearly 8% due to Trump’s tariff announcement, causing the Philadelphia Semiconductor Index to drop by almost 9.88%. This is the first time since December 2023 that the…
South Korean AI semiconductor design company FuriosaAI has signed a business agreement with the city of Gwangju, home to the National AI Data Center. FuriosaAI, which recently declined an $800…
On the 3rd, Kiwoom Securities experienced a computer error that delayed the execution of orders through Home Trading Service (HTS) and Mobile Trading Service (MTS) for about an hour. This…
The rise in apartment prices in South Korea has slowed, with a ‘balloon effect’ observed in non-apartment sectors due to exceptions in regulations. Last month, in the Gangnam and Yongsan…
The Korea Consumer Agency has urged restaurants to comply with operational regulations as a significant number of them are allowing pets to enter without proper hygiene and safety management systems.…
Hyundai Motor’s Executive Vice President, Jeong Yoo-seok, unveiled ‘The All New Nexo’ at the ‘2025 Seoul Mobility Show Media Day’ event held at KINTEX in Goyang, Gyeonggi Province on April…