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Digital Currency Revolution

Central Banks’ Tendency Towards Digital Currencies (CBDCs)

May 08, 2020 10:47 am UTC| Research & Analysis Digital Currency Investing

As the coronavirus outbreak widens and halted many economic activities across the world, the central banks in eurozone appear to be inclined for the digital payment/currency system. Currently, many countries where the...

S. Koreans Invest More in Gold Funds, Shun Oil ETFs During Pandemic

May 06, 2020 10:55 am UTC| Business Investing

South Korean gold funds exhibited three-month average returns of 10.22 percent, far outperforming the median return rate for domestic stock funds of minus 12.16 percent. The FnGuide, a financial information provider,...

S. Korean Retail Investors Fill Void Left by Foreign Investors in Securities Market

May 04, 2020 13:36 pm UTC| Business Investing

Retail investors became an influential force in the local financial market in the first quarter of 2020, with foreign and institutional investors cutting down in their activities due to the COVID-19 pandemic. Massive...

Oil in Global Economy Series

Leverage Investments up by 34% in a Month

Apr 28, 2020 06:49 am UTC| Economy Investing

Leverage investments among small investors went up by 34.3 percent to 8.65 trillion won as of Thursday from 6.44 trillion won on March 24, according to the Korea Financial Investment Association. The increase was...

Oil in Global Economy Series

Rebounding Oil Prices Boosts Seoul Stocks

Apr 24, 2020 04:14 am UTC| Economy Investing

South Korean stocks opened higher Thursday due to rebounding oil prices and an apparent slowdown in the COVID-19 pandemic. The Korea Composite Stock Price Index (KOSPI) rose 0.55 percent, to 1,906.49 in the first 15...

What just happened to the price of oil?

Apr 21, 2020 12:30 pm UTC| Investing Economy

We have just witnessed an oil price crash like never before taking prices of West Texas Intermediate into deeply negative territory. The spot price of West Texas, the US benchmark, reached minus US$40.32 a barrel and...

South Korea's Construction Investment Poised to Go Down by 3% in 2020

Apr 21, 2020 12:14 pm UTC| Investing Economy

Investment in South Koreas construction industry is poised to shrink by three percent this year, according to a forecast by the Korea Research Institute for Construction Policy. The think tank earlier projected a...

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Economy

Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions

Copper prices surged to record levels on Thursday, extending a powerful rally across global metals markets as investors increased exposure to physical assets amid escalating geopolitical risks and ongoing supply concerns....

Indonesian Stocks Plunge as MSCI Downgrade Risk Sparks Investor Exodus

Indonesian stocks suffered a dramatic selloff on Thursday, putting the market on course for its largest two-day decline on record as fears of a potential downgrade to frontier market status rattled investors. The benchmark...

Asian Currencies Trade Flat as Dollar Retreats After Fed Decision

Asian currencies traded in a mostly flat-to-lower range on Thursday, while the U.S. dollar weakened after the Federal Reserve left interest rates unchanged and struck an optimistic tone on the U.S. economy. Currency...

Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts

The Philippine economy posted weaker-than-expected growth in the final quarter of 2025, reinforcing concerns about slowing momentum and increasing speculation over further monetary policy easing by the central bank....

South Korea Industry Minister Heads to Washington Amid U.S. Tariff Hike Concerns

South Koreas Industry Minister Kim Jung-kwan is set to visit Washington on Thursday to hold high-level talks with U.S. officials following President Donald Trumps announcement of plans to raise tariffs on South Korean...

Politics

Trump and Schumer Explore Deal on New Limits for Federal Immigration Agents

U.S. President Donald Trump and Democratic Senator Chuck Schumer reportedly took steps Wednesday night toward a potential agreement to negotiate new restrictions on federal immigration agents, according to a report by the...

Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell

The Federal Reserve has not yet complied with grand jury subpoenas tied to an ongoing criminal investigation involving Federal Reserve Chair Jerome Powell, according to a report by CNBC citing a source familiar with the...

Trump Warns Minneapolis Mayor as Immigration Raids Continue Amid Rising Tensions

U.S. President Donald Trump on Wednesday warned Minneapolis Mayor Jacob Frey that he was playing with fire by insisting local police would not enforce federal immigration laws, even as the White House sent mixed messages...

Starmer’s China Visit Signals New Era in UK–China Economic Relations

British Prime Minister Keir Starmer is set to meet Chinese President Xi Jinping in Beijing on Thursday in a high-profile diplomatic engagement aimed at strengthening UKChina economic relations after years of strained ties....

Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic

Federal Reserve Chair Jerome Powell revealed on Wednesday that he personally attended last weeks Supreme Court arguments related to President Donald Trumps attempt to remove Federal Reserve Governor Lisa Cook, underscoring...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push

NVIDIA (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Amazon.com (NASDAQ: AMZN) are reportedly in discussions to invest as much as $60 billion combined into artificial intelligence powerhouse OpenAI, signaling a major...

Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex

Meta Platforms Inc (NASDAQ: META) shares jumped sharply in after-hours trading after the company delivered better-than-expected Q4 2025 earnings and issued a strong revenue forecast for the first quarter of 2026, easing...

Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars

Samsung Electronics Co Ltd (KS:005930) delivered record-breaking revenue and profit in the fourth quarter of 2025, driven largely by booming demand from the artificial intelligence industry for advanced memory chips. The...

Microsoft AI Spending Surge Sparks Investor Jitters Despite Solid Azure Growth

Microsoft rattled investors after reporting record artificial intelligence spending alongside slower-than-expected cloud growth, raising concerns about when its massive AI investments will meaningfully pay off. Following...

Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand

Advantest Corp. (TYO:6857) shares surged to a record high on Thursday after the Japanese semiconductor testing equipment maker posted strong fiscal third-quarter earnings and raised its full-year guidance, driven by robust...
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