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Finance Archives - Gangnam Times

#finance (40 Posts)

  • High-Stakes Trade Talks: Can South Korea Dodge U.S. Tariffs? South Korea's economic officials engage in trade talks with US Commerce Secretary ahead of new tariff measures.
  • South Korea's Global Competitiveness Takes a Nosedive: What Went Wrong? South Korea's global competitiveness ranking dropped to 27th in the 2025 IMD report, falling seven places from the previous year.
  • 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.
  • Why Charlie Munger Thinks Rolex Watches Are a Bad Investment Even Warren Buffett, known as the Oracle of Omaha, admits that he wouldn't be where he is today without this man.
  • 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Korea's Top Builders Have Given Up on Building the World's Tallest Skyscraper South Korean construction companies have withdrawn their bids for Saudi Arabia's new landmark building, the Jeddah Tower,.
  • 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 ...
  • Warren Buffett Shakes Up the Stock Market with a $6.7 Billion Move Warren Buffett is one of the wealthiest people in the world. The world's stock market observers are ...
  • 'North Korean Paris Hilton' Turned Conservative Activist Shaking Up American Politics Human Rights Activist Park Yeon MiTransforms into an American Right-Wing StarCalled as the North Korean Paris Hilton The recent activities of Park Yeon Mi, a North Korean defector and human rights activist, have sparked conversation, and last year, The New York Times reported that Park has transformed into a fearless critic of the American progressive […]
  • Making Crypto History: Hong Kong Poised to Approve Bitcoin ETF There is anticipation that a Bitcoin exchange-traded fund (ETF) will soon be approved in Hong Kong. According to sources in Hong Kong, the Securities and Futures Commission (SFC) is expected to approve the Bitcoin ETF by the 15th. If Hong Kong authorities approve, it will be the second approval after the U.S. Securities and Exchange […]
  • National Debt Reaches Historic Highs, Prompting Concerns The 2023 fiscal year national accounts report has revealed a national debt of $816.7B with a fiscal deficit of $63B . On the 11th, the government reviewed and approved the 2023 fiscal year national accounts report. According to the report, last year’s national debt reached a record high of $816.7 billion. The fiscal deficit, a […]
  • Crypto Scandal: Terraform Labs Co-Founder Loses SEC Lawsuit Do Kwon, the CEO of Terraform LabsLoses a civil lawsuit filed by the SECHigh possibility of extradition to the U.S. On the 5th, a Manhattan jury found that Terraform Labs and its co-founder Do Kwon were responsible for the civil fraud charges filed by the U.S. Securities and Exchange Commission (SEC). Previously, the SEC filed […]
  • From Novice to Pro: How AI Trading Bots are Transforming Crypto Investment Cryptocurrency AI Trading BotSuitable for novice investorsOffers stability and convenience When you want to invest in cryptocurrency and make money but don’t know which one to invest in, an AI trading bot can be a helpful guide. A self-proclaimed cryptocurrency novice sought guidance on investing in cryptocurrencies like Bitcoin and Dogecoin but found the trading […]
  • Bitcoin Skeptic Warren Buffett's Own Company Profits from Bitcoin Investments Warren Buffett, CEO of Berkshire Hathaway, has expressed skepticism, calling Bitcoin delusionRevealed to have invested $750M in a Fintech company Warren Buffett, the Oracle of Omaha and CEO of Berkshire Hathaway, is also well-known as a Bitcoin skeptic. Despite his vigorous criticism of cryptocurrencies over time, his company has significantly profited from cryptocurrency investments. According […]
  • U.S. Takes Decisive Action Against Chinese Hackers Targeting Vital Information U.S. charges seven Chinese hackersAttempt to hack key national economic companiesWhat’s China’s Stance? Seven Chinese men have been indicted in a federal court in the Eastern District of New York for hacking or attempting to hack the work and personal emails, online storage spaces, and phone call records of millions of Americans. These hackers targeted […]
  • North Korea's 50-Year-Old Debt: Sweden Still Awaiting Payment For Volvos Sold in 1975 North Korea-Sweden Debt RelationshipSweden Exported Volvo to North Korea 50 years agoNorth Korea Still Hasn’t Paid Is there any country that is friendly with North Korea? Surprisingly, Sweden, a Nordic country, was the first Western nation to establish diplomatic relations with North Korea. After establishing these relations, they even exported cars to North Korea, but […]
  • Japan Raises Interest Rates for the First Time in 17 Years: Is Now the Time for 'YenTech'? Japan Raises Interest Rates for the First Time in 17 YearsYen Continues to WeakenInterest in ‘YenTech’ Grows The Bank of Japan, the country’s central bank, has made a historic move by raising its policy interest rate for the first time in 17 years since February 2007. In traditional economic theory, a rate hike typically strengthens […]
  • Why Gold Prices Are Skyrocketing After Fed's Latest Announcement The value of gold has once again reached an all-time high following the announcement from the US Federal Reserve (Fed), stirring up conversation. According to the announcement made during the Federal Open Market Committee meeting on the 20th (local time), the Fed has kept the interest rate steady at an annual 5.25~5.50%. This marks the […]
  • Hotel Shilla President Lee Boo Jin Appeals for Support at Shareholders' Meeting The 51st Annual Shareholders’ Meeting of Hotel ShillaLee Boo Jin, “We will continue to grow steadily”What was Hotel Shilla’s performance last year? The 51st regular shareholders’ meeting of Hotel Shilla took place on the 21st at the Hotel Shilla’s Jangchung office in Jung-gu, Seoul. Lee Boo Jin, the president and chief executive of Hotel Shilla, […]
  • Lotte and POSCO Caught in Dispute Over Vietnamese Highway Project Despite Lotte Construction and POSCO E&C’s involvement in highway construction, Vietnam hasn’t paid approximately $166.7 million, yet demands $83.3 million in damages. Shocking revelations have come to light about Lotte Construction and POSCO E&C’s uncollected construction fees for a highway project in Vietnam, totaling about $166.7 million. Despite an international arbitration institution ruling in favor […]
  • El Salvador's Bitcoin Boom: $84 Million Profit Sparks Global Attention El Salvador’s BitcoinSales Profit, $84 millionBoasts Bitcoin Investment Performance The era of the 100 million won ($75,210) cryptocurrency Bitcoin continues. As of the 14th, Bitcoin surged to 140 million won, drawing attention to Central American El Salvador. El Salvador is known as the first country in the world to adopt Bitcoin as legal tender and buy […]
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