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Trump: “Hand over half the ownership” Pressuring Canada to seek leverage in China trade talks Carney: “We covered the construction costs” U.S. President Donald Trump has demanded an equity stake and toll revenue from the Gordie Howe International Bri
December retail sales flat m/m at 0% Real sales may have declined after inflation Household debt delinquency rate highest in eight years Outlook: "Growth will remain solid" Renewed concerns about an economic slowdown are surfacing as U.S. consumer sp
China’s consumer price index (CPI) rose for a fourth consecutive month. The run has fueled expectations that deflationary pressure—falling prices amid a slowing economy—that had weighed on China may be starting to ease. According to the National Bure
FSC Responds to Lawmakers’ Questions Bithumb CEO Apologizes for "Inadequate Internal Controls" Financial regulators, working to contain Bithumb’s erroneous distribution of 620,000 bitcoins, signaled plans to impose regulations on exchanges on par wit
Semiconductor exports buoyed by AI investment boom Assessment: “Policy rate at current level is appropriate” The Korea Development Institute (KDI), a state-run research institute, said in connection with the recently resurfaced so-called “cherry blos
More JGB issuance to plug a funding shortfall Rising rates flash warning over heavier interest burden Japan’s national debt—including government bonds and borrowings—hit a record high of 1,342.1720 trillion yen (about 1,270 quadrillion won) at the en
National Assembly pending-issue hearing on the 'Bithumb bitcoin mispayment' incident Kwon Dae-young: "Reflect it in phase-two legislation to give it enforceability" Lee Chan-jin: "Even 5 minutes to reconcile coin ledgers is too long… real-time monito
High likelihood of Iranian retaliation White House fears political fallout if oil prices spike WTI trades around $64 The Donald Trump administration considered additional seizures of tankers carrying Iranian crude, but has reportedly held off out of
Global Web3 venture capital firm Hashed and its subsidiary ShardLab said on the 11th that they are recruiting participants for the Web3 talent development program “Protocol Camp (Protocol Camp) Cohort 9.” Protocol Camp is a 12-week intensive building
The headline index looks calm But individual stocks and sectors are on a roller coaster Algorithms, hedge funds, leveraged ETFs, etc. Flows and momentum—not fundamentals—are driving prices The ‘safety valve’ of buybacks is weakening The U.S. stock ma
Investors on guard ahead of major economic indicators A stock-specific market likely to persist rather than a broad index rally As the KOSPI enters a breather phase, attention is focused on whether it can extend its gains. According to the Korea Exch
The era of a 'great transformation' for AI in finance arrives Must consider issues around compliance with guidelines Key issues in the financial sector's 'AI guidelines' A new era of sweeping AI transformation is arriving in finance as well. Moving b
Major U.S. stock indexes ended mixed on concerns about an economic slowdown. On the 10th (local time) at the New York Stock Exchange, the Dow Jones Industrial Average rose 52.27 points (0.1%) from the previous session to close at 50,188.14. The Stand
In recent global financial markets, the dollar’s value has been holding at an unusually low level. Normally, when U.S. Treasury yields stay higher than those of other advanced economies, demand for dollars increases and the U.S. dollar strengthens. R
◆ Wall Street: Mixed close as consumer spending softens, raising slowdown fears The three major U.S. stock indexes finished mixed on the 10th local time. After sharp rebounds over the previous two sessions, concerns about an economic slowdown spread
On the 9th (local time), the U.S. government issued a maritime alert instructing U.S.-flagged vessels transiting the Strait of Hormuz to stay as far away as possible from Iranian territorial waters. The news heightened tensions in the Middle East and
Ad testing for Free and Go plans Context-aware targeted ads based on conversation analysis Aimed at covering AI infrastructure costs Altman hits back after Anthropic criticism User growth returns to 10% month over month OpenAI began running ads on th
"Now is not the time to buy. Digital-asset prices will fall further through October." Steven McClurg, CEO of Canary Capital, a U.S. asset manager that runs exchange-traded funds (ETFs) tied to altcoins such as Ripple and Solana, warned in an intervie
Prosecutors have appealed the first-instance verdict in the case of the head of a coin management firm who was indicted on charges of manipulating virtual-asset prices to secure illicit gains. The Seoul Southern District Prosecutors’ Office said in a
Speculation has emerged that behind US President Donald Trump’s unusual pre-election endorsement of Japanese Prime Minister Sanae Takaichi ahead of Japan’s general election lie frustration over delays in Japan’s investment in the United States and ex
South Korea’s benchmark KOSPI rose more than 1% in early trading on the 10th, reclaiming the 5,350 level. The move is seen as a return of risk-on sentiment as U.S. stocks extended their rebound despite concerns over the profitability of artificial in
All three major U.S. stock indexes closed higher. As bargain hunting flowed into artificial intelligence (AI) tech shares, the Dow Jones Industrial Average notched a fresh all-time high. On the 9th (local time) at the New York Stock Exchange (NYSE),
◆Wall Street closes higher on tech rally…Dow hits record high The three major U.S. stock indexes finished higher. The Dow Jones Industrial Average set a new all-time high. On the 9th local time, the Dow rose 0.04% from the previous session to 50,135.
Robert Kiyosaki, author of the bestseller 'Rich Dad Poor Dad,' has drawn attention again by saying, "If I had to choose only one asset, I would choose Bitcoin." On the 9th, Kiyosaki wrote on his social media (SNS) that he is often asked, "Which is th
10-year JGB yield up 4bp to 2.27%; yen steady "If stimulus is emphasized, bond and yen selling could emerge" Japanese equities notched a fresh all-time high on the 9th (local time), buoyed by a resounding general-election victory for the ruling party
“It takes time to set the balance-sheet path that determines the reserves regime” Analysts: “QT could push up long-term yields, making tightening hard to sustain” U.S. Treasury Secretary Scott Bessent said he expects that even if Kevin Warsh, the can
"Warning over risks from volatility and concentration" "China has been cutting U.S. Treasuries, but holdings may have shifted to European custodians" Foreign holdings of U.S. Treasuries hit a record high at end-2023 Chinese authorities have advised f
LDP wins ‘landslide’ with 316 seats Nikkei jumps on expectations for expansionary fiscal policy 5-year JGB yield hits a record high KOSPI also rises 4.1% to close at 5,298 As the ruling Liberal Democratic Party (LDP), led by Japanese Prime Minister S
Most economists said Kevin Warsh, the nominee to be the next chair of the U.S. central bank (Fed), is unlikely to be able to deliver on his claim that productivity gains from the artificial intelligence (AI) boom will open the door to interest-rate c
WSJ assesses Iran’s missile arsenal “2,000 missiles within range of the Middle East” Iran’s ballistic missiles are seen as having emerged as a powerful “weapon” in nuclear talks with the United States. According to The Wall Street Journal (WSJ) on th