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NVIDIA asks TSMC to increase production Jensen Huang: "Demand for the latest AI chips is strong" Request to allocate additional foundry lines Big tech all-in on AI data centers 878 trillion won next year alone…investment competition Stable procuremen
"Meatpackers, threat to food supply security" U.S. President Donald Trump said that beef prices rose due to collusion in the U.S. meatpacking industry and ordered the Justice Department to investigate. According to Reuters on the 9th, Trump said on T
U.S. President Donald Trump, who has urged Europe and India to halt imports of Russian energy, decided to not take issue with Hungary for one year as an exception. According to AFP on the 9th, after a summit at the White House with Hungary, the U.S.
China has decided to suspend for one year the export control measures on key minerals that it had been implementing targeting the United States. Following the agreement on a 'trade war truce' at the Busan U.S.-China summit, the two countries are grad
Crypto Now New wallet creation also highest in 8 months Company value KRW 58 trillion… IPO possibility dismissed When news emerged that Ripple, the issuer of the crypto asset XRP, had secured new funding worth USD 500 million, XRP also rebounded. The
Finding an investment expert Yang Hee-chang, Manager at Samsung Active Asset Management "The AI bubble hasn't even started... a full-scale surge will come next year" NVIDIA winner-takes-all continues As liquidity is released, leading stocks gain popu
Last week the won-dollar exchange rate closed at 1461 won 50 jeon, up 28 won 50 jeon from one week earlier. On a weekly basis, this is the highest level in seven months since April 9 (1472 won), when President Yoon Suk-yeol's impeachment ruling and U
The U.S. federal government shutdown has exceeded 40 days, but the two parties have been unable to find a point of agreement. According to U.S. media such as CBS, on the 8th (local time) the U.S. Senate held an unusual five-hour session on Saturday t
Professor Geoffrey Hinton of the University of Toronto is known as the godfather of modern artificial intelligence (AI). This is because Professor Hinton laid the foundations of artificial neural networks that became the basis for models like ChatGPT
Spanish research institute bought 97 bitcoins for $10,000 13 years ago Bitcoin 1,000x 'jackpot'…sitting on a fortune after 13 years A Spanish research institute has hit the jackpot. It sold 19 bitcoins it bought 13 years ago for research purposes, re
Foreigners in the securities market Large sell-offs spur won weakness Surge in overseas direct investment, etc. The won-dollar exchange rate jumped into the 1,460-won range for the first time in seven months. The won's value against the dollar fell
The KOSPI index gave up the 4,000 level after a sharp adjustment on the 7th. However, the brokerage community still says it is in a secular bull market phase and advises treating the correction as a buy-the-dip opportunity. According to the Korea Exc
Yu Gi-myeong, CEO of Mobinoma The assets of Korea's middle class remain trapped in real estate. Owning a home is perceived as a survival issue beyond mere financial planning. With real estate and stocks being the only practical means to grow wealth,
Investor sentiment shrinks amid AI bubble talk and worsening consumer sentiment Nasdaq fell as much as 2.13% at one point Losses pared in the afternoon on budget compromise proposal The three major New York stock indexes closed mixed. While 'artifici
NVIDIA·AMD, another simultaneous plunge White House: "No federal-level support" Technology stocks including NVIDIA and AMD fell in succession. Concerns grew that artificial intelligence (AI)-related stocks are overvalued. On the 6th (local time) at t
"Only factors weakening the won are abundant"…Exchange rate breaks through 1,450 won 1,456.9 won…Highest in 7 months Sharp rise on small shocks, no reaction to downward factors "Exchange rate could reach 1,500 won" The won·dollar exchange rate surpas
Markets stagger amid economic slowdown concerns Expectations for a December rate cut surge The scale of layoffs by U.S. companies reached the largest in 22 years as of October. With the 'artificial intelligence (AI) bubble' debate emerging and an emp
1456.9 won… Highest in 7 months Foreign investors' market exit amid weak U.S. employment Structural causes such as increased overseas investment Kospi down 1.8%… Closes at 3953 The won-dollar exchange rate surpassed 1450 won for the first time in sev
Risk-asset weakness amid AI bubble concerns "Role being taken by stablecoins" JPMorgan says "Could reach $170,000" Bitcoin has plunged more than 7% this month and is trading in the 150 million won range for the first time in about a month and a half.
Employment slows · Inflation remains firm Official statistics 'all stop' as shutdown drags on Fed faces growing confusion ahead of December decision Private U.S. economic indicators point to a slowdown in the labor market, increasing expectations tha
From Goldman Sachs to the IMF: concerns about an AI bubble AI replacing workers cooling the labor market New York Wall Street investors overwhelmingly reacted on the 6th (local time) that worries long raised about the U.S. stock market and the real e
The three major U.S. stock indices all fell. With concerns about an artificial intelligence (AI) bubble persisting, news that big tech companies have carried out large-scale layoffs weighed on investor sentiment. On the 6th (local time) at the New Yo
Cathie Wood, CEO of ARK Invest, known for investing in tech stocks and cryptocurrencies and nicknamed 'Money Tree Sister', has partially lowered her previous bullish outlook on Bitcoin. In an interview with U.S. business network CNBC on the 6th (loca
On the 6th (local time), the Bank of England (BOE) held a Monetary Policy Committee (MPC) meeting and left the base rate unchanged at 4.00%. The BOE cut rates five times from August last year to August this year, but at the previous September MPC it
The international credit rating agency Standard & Poor's (S&P) has increased the likelihood that Korea's sovereign credit rating will be maintained at 'AA' next year. S&P said, "The Korean economy is growing relatively quickly," and "this supports a
Sovereign credit rating report analysis 8 IBs raise next year's growth rate to 1.9% September current-account surplus $13.4 billion 'record high' International credit rating agency Standard & Poor's (S&P) said "the Korean economy is growing relativel
Batteries·legacy chips·pharmaceuticals…supply chain control 72% of acetaminophen is Chinese-made An analysis has emerged that, besides rare earths, China has another card to pressure the United States. On the 6th, the Wall Street Journal (WSJ) said C
"The West is falling into technological cynicism"…Warning at the UK 'AI Future Summit' Specifically criticized U.S. regulation and export controls "Chinese firms get subsidies and free electricity Chinese chips, though lower in performance, have a co
Chairman Ham "Leading Financial Innovation" Hana Financial Group will establish a dedicated organization for digital assets that includes major affiliates such as its bank, card, and securities units. This is to quickly build products, services, and
KOSPI, closed at 4026.45, up 0.55% from the previous day The KOSPI rebounded. However, the rebound narrowed as foreigners continued a large-scale selling offensive. Samsung Electronics ultimately gave up the 100,000-won level, and SK Hynix failed to