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Kakao Bank Almost Triples Q1 Net Profit

May 06, 2020 10:57 am UTC| Business Technology

Internet-only lender Kakao Banks first-quarter net profit surged by 181 percent from a year earlier to 18.5 billion won mainly due to increased interest income. The first-quarter tally even surpassed the banks full-year...

S. Koreans Invest More in Gold Funds, Shun Oil ETFs During Pandemic

May 06, 2020 10:55 am UTC| Business Investing

South Korean gold funds exhibited three-month average returns of 10.22 percent, far outperforming the median return rate for domestic stock funds of minus 12.16 percent. The FnGuide, a financial information provider,...

What Are Plug-Ins and How Do They Work?

May 05, 2020 19:16 pm UTC| Business

At one point, professionals had to have extensive knowledge of coding and HTML to create a website from scratch. Now, though, virtually anyone can use a hosting platform to create their own website within a matter of...

How Startups and Small and Medium-Sized businesses can benefit from Low-Code software for BI

May 05, 2020 13:54 pm UTC| Business

James Carnell, Author Pure.metrics Founder, Galla Pupel, explains how Startups and Small and Medium-Sized businesses can benefit from Self-service BI tools. Coding is not only confusing and complicated its something...

What are the Strengths of the Hong Kong Economy and the HK Dollar?

May 05, 2020 12:24 pm UTC| Business

While Hong Kong may have been one of the first jurisdictions after China to be hit by the dreaded coronavirus, the region has actually managed to avoid the worst of the condition (at least if the official figures are to be...

The Best Kinds of Companies to Work For

May 05, 2020 11:12 am UTC| Business

What do you consider when looking for a job? The number one thing most people consider is the compensation. Of course, this makes sense. You need adequate take home pay for all your efforts, and enough to feed yourself and...

How to Deal with 9 Common Retirement Fears

May 05, 2020 11:07 am UTC| Business

It can be nerve-wracking to retire, and there are a number of different reasons for this. Some people might choose to delay retirement while others dont even plan for it at all. No matter what your fears are, it is better...

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Economy

Dollar Holds Firm as Asian Currencies Stabilize Amid Middle East Tensions and Rate Uncertainty

The U.S. dollar remained steady in Asian trading on Monday, while most Asian currencies moved within a narrow range as investors weighed geopolitical risks and uncertainty surrounding U.S. interest rates. Trading activity...

Gold Prices Hold Steady Amid Iran Tensions and Interest Rate Uncertainty

Gold prices remained relatively stable during Asian trading on Monday, as ongoing geopolitical tensions in the Middle East and uncertainty surrounding global interest rates continued to influence market sentiment. Despite...

Oil Prices Hold Above $100 Amid Strait of Hormuz Tensions and U.S.-Iran Uncertainty

Oil prices remained elevated above the $100 mark on Monday despite a slight pullback, as ongoing geopolitical tensions and supply disruptions continued to influence the global energy market. Brent crude futures dipped...

RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200

The Reserve Bank of Australia (RBA) is widely expected to raise interest rates by 25 basis points to 4.35% following its May 5 policy meeting, marking its third increase this year. This anticipated move would return the...

Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns

Concerns that the eurozone could face a recession are increasingly valid as geopolitical tensions in the Middle East continue to disrupt global markets, according to European Central Bank (ECB) Governing Council member and...

Politics

Australia Launches Public Hearings on Bondi Beach Shooting and Rising Antisemitism

Australia has officially opened public hearings into the Bondi Beach mass shooting that occurred in December, marking a significant step in a broader national inquiry into antisemitism and social cohesion. The tragic...

Ukraine Drone Strikes Hit Russian Oil Port Primorsk and Naval Targets

Ukraine has intensified its long-range drone campaign against Russia, targeting key energy infrastructure and military assets in a large-scale overnight assault. Ukrainian forces reportedly struck the Baltic Sea port of...

Taiwan President Lai Ching-te Visits Eswatini Amid Rising China Pressure

Taiwan President Lai Ching-te has arrived in Eswatini, marking a significant diplomatic move after his earlier trip was delayed due to restricted airspace access reportedly influenced by China. The visit underscores...

Japan Signals Potential Shift on Arms Exports, Opening Door to Ukraine Support

Japans recent decision to relax its long-standing weapons export restrictions has created a potential pathway for future defense cooperation with Ukraine, according to Kyivs ambassador to Tokyo. While no immediate arms...

Poland Sees No Delays in U.S. Patriot Missile Defense Deliveries Despite Stockpile Concerns

Poland has not received any signals suggesting delays in the delivery of U.S.-made Patriot air defense systems, according to Defence Minister Wladyslaw Kosiniak-Kamysz. His statement comes amid growing concerns across...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...

Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals

Samsung Electronics, the worlds leading TV manufacturer, has made a significant leadership change in its television division for the first time in over two years. The company announced that Lee Won-jin, formerly head of...

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...