Banks That Extended Credit Now Shoulder Losses Shares of Zions and Western Alliance Plunge Fears of a Repeat of 2023 Bank Failures Concerns are mounting that a wave of bankruptcies among U.S.
Read MoreExpansion of Low-Cost Plans in Emerging Markets $11 Billion in Accumulated Losses User Attrition Sparks Defensive Moves OpenAI has launched a new low-cost subscription plan priced at $5 per month in emerging markets—an experiment aimed o
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Hidden Malware in Decentralized and Public Blockchains Developers Tricked into Installing “Malicious Commands” In February, 400,000 Ethereum Stolen from Bybit Evidence has emerged indicating that North Korean hacker groups attempted t
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OpenAI and Grok’s Expansion into Adult Content Paid Model Aimed at Maximizing Revenue Altman: “We Are Not the Moral Police” Following xAI’s Grok, OpenAI’s ChatGPT has also begun allowing sexually explicit content for adults, marking a striking s
Read MoreChina to Restrict Exports of Key Battery Materials Industry Says “Not a New Risk” as Supply Chains Diversify Post-IRA Korean Battery Makers Eye Possible Gains in U.S.
Read MoreFiscal Addiction Triggers Nationwide Protests Citizens Oppose Austerity Despite Soaring Deficits Public Unites Behind Wealth Tax on the Super-Rich French society is once again ablaze with an age-old debate over taxing the rich, afte
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American Consumers Hit Hard by Trump Tariffs, Bearing 55% of Costs Consumer Prices Rising for Six Consecutive Months Since Tariffs Took Effect Tariffs Weigh on Exporters and U.S.
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Trump’s Message of “Respect for Xi” Amid Rising Tensions China’s Rare Earth Offensive Targets America’s Achilles’ Heel Tariff Truce Under Strain as Strategic Power Struggle Reignites U.S.
Read MoreSenate Rejects Stopgap Bill, First Shutdown in Seven Years Partisan Stalemate over Obamacare Subsidy Extension Trump Blames Democrats, Warns of Federal Workforce Cuts The U.S.
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Users protest KakaoTalk revamp, claiming “messenger identity lost” $11.6 billion in market cap erased within a week NateOn and Line downloads surge, climbing into top app market rankings The sweeping update of KakaoTalk has triggered seismic shift
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User Revolt Over Instagram-Style Feed After Update Kakao: “Users Will Be Allowed to Choose Their Preferred Format” Incomplete Integration of Banking Super-Apps Creates User Inconvenience KakaoTalk’s sweeping overhaul has triggered a wave o
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Foreign investors to trade bonds and equities freely Comprehensive roadmap to be unveiled within the year Liquidity shortage in overnight trading remains a hurdle Lee Jae-myung, President of South Korea, delivers a keynote
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TSMC Embarks on Full-Scale Investment in Next-Generation Semiconductor Manufacturing Mass Production in Taichung, Taiwan Set for 2028 Intel Also Signals Strong Resolve in 1.4-Nanometer Push As TSMC officially confirmed mass production of its 1
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Concerns over slowing economy prompt first cut in nine months by 0.25 percentage points Newly appointed Trump nominee votes for “big cut” Divergent views among policymakers heighten policy uncertainty The U.S.
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Equity Rally Weakens Bond Market Appeal Focus on Possible PBOC Bond Purchases 5% Growth Target in Doubt, Policy Support in Focus China’s sovereign bond market is reeling under deflationary pressure, with mounting expectations that the People
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Parent in deficit, subsidiaries weakening, fundamentals eroding Up to $2.2 billion in cash to be raised through stake monetization Target stake amounts to 2.2–3.7% of LG Energy Solution shares LG Chem is moving to issue up to $2.2 bill
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Audi and Volkswagen, Joint Development with Chinese Partners Renault and Ford, Pursuit of ‘Global Models’ through Chinese EV Platforms “Billions of Dollars and Years of Development Time Saved” The “Audi E5 Sport
Read MoreRipple, global custody business expansion Resurrecting medieval bank-style deposit model RLUSD settlement infrastructure rollout Ripple, the issuer of XRP—the world’s third-largest cryptocurrency by market capitalization—is preparing to laun
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Korea’s Once-Reliable Export Engine, Petrochemicals Global Oversupply Driving the Downturn Vertical Integration Under Scrutiny Once a pillar of Korea’s exports, the petrochemical industry is in steep decline.
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