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economy Archives - Gangnam Times

#economy (142 Posts)

  • South Korea’s PM Calls for a Stronger US-Korea Alliance: ‘Make KorUS Great Again!’ South Korean PM Kim Min-seok urges a stronger Korea-US alliance based on shared values and future industries amid global changes.
  • High-Stakes Trade Talks: South Korea's Officials Race to Washington to Save Exports South Korea's officials are heading to the US for critical trade talks to address looming tariffs on exports like autos and steel.
  • Trump Claims Victory: Coca-Cola to Switch to Cane Sugar in U.S. Beverages! Trump announced Coca-Cola will use cane sugar in US beverages following discussions, emphasizing the importance of real ingredients.
  • Trump's Flip-Flop: Is He Really Keeping Jerome Powell as Fed Chair? Trump signals he is unlikely to fire Fed Chair Powell, despite earlier private discussions suggesting otherwise.
  • Brace Yourself: Drug Prices May Rise as Trump Targets Imports Trump hints at potential tariffs on pharmaceutical imports by month-end, with semiconductor duties following a similar timeline.
  • Strong Exports Can't Mask China's Sluggish Consumer Spending China's economy grew over 5% in Q2, driven by strong exports, but analysts caution about ongoing weak consumer demand.
  • Korean President Aims to Shake Up Capital Markets with Bold Dividend Tax Reforms President Lee Jae Myung aims to revitalize Korea's capital markets by reforming the dividend tax system to increase payouts.
  • El Salvador's Bitcoin Reserves See $25 Million Surge After Trump’s Win Trump's election victory boosts Bitcoin to record highs, as he aims to make the U.S. a hub for virtual assets.
  • Trump vs. Harris: Which U.S. Election Outcome Will Boost Stocks the Most? Analysts predict stronger U.S. stock market gains if Trump wins the presidential election, driven by favorable policies and the Trump Trade.
  • Disneyland in Seoul? How a Legal Dispute and China’s Offers Ended the Bid Shanghai Disneyland's success contrasts South Korea's failed attempts to attract the park due to legal battles and lost opportunities.
  • No More Smoothie King in South Korea as Coffee Craze Takes Over Shinsegae Group is closing Smoothie King in South Korea after 22 years due to declining sales amid strong coffee competition.
  • Shocking Truth Behind China’s Car Market Success: Dealers Are in Trouble Despite growth in China's car market, dealers face severe losses due to excessive discounts, low demand, and shrinking profit margins.
  • Tesla's Sales Slide: Who's Stepping Up to the Plate? Tesla's share of the U.S. EV market dropped to 49.7% in the 2nd quarter of this year, marking a decline of about 10% from the previous year.
  • J.Lo's Economy Class Shock: Pop Star Ditches Private Jet for Regular Seat! Jennifer Lopez, an American pop star and actress with an estimated net worth of $400 million, was revealed to have flown in economy class.
  • Why Tesla's Cars Are Selling Like Hotcakes Despite Major Flaws Tesla was reborn as a manufacturer that influenced the electric vehicle and the internal combustion engine market.
  • Top 3 Fuel-Efficient First Cars: Honda Civic, Hyundai Elantra, and... Hybrid vehicles are known for their excellent fuel efficiency, making them a great option for many, but not the right choice for everyone.
  • Why Korea's Top Builders Have Given Up on Building the World's Tallest Skyscraper South Korean construction companies have withdrawn their bids for Saudi Arabia's new landmark building, the Jeddah Tower,.
  • Geopolitical Tensions Fuel Dollar Surge, Korean Won Plummets The won-dollar exchange rate has surged over 7% this year, surpassing the increase seen during the 2008 Global Financial Crisis and the International Monetary Fund (IMF) currency crisis. As of May 19th, the won-dollar exchange rate in the Seoul foreign exchange market was confirmed to have closed at KRW 1,382, a 7.3% increase from the […]
  • Is South Korea's Economy Heading for a Crisis? IMF and UN Think So IMF Announces South Korea's National Debt at 55.2%Various Institutions Express Concern Over South Ko ...
  • Rise, Fall, and Rebirth of Abercrombie & Fitch: Confronting Racism and Reshaping Reputation In the second half of 2023, American clothing company Abercrombie & Fitch's stock price has near ...
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