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Central Banks’ Tendency Towards Digital Currencies (CBDCs)
May 08, 2020 10:47 am UTC| Research & Analysis Digital Currency Investing
As the coronavirus outbreak widens and halted many economic activities across the world, the central banks in eurozone appear to be inclined for the digital payment/currency system. Currently, many countries where the...
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,...
S. Korean Retail Investors Fill Void Left by Foreign Investors in Securities Market
May 04, 2020 13:36 pm UTC| Business Investing
Retail investors became an influential force in the local financial market in the first quarter of 2020, with foreign and institutional investors cutting down in their activities due to the COVID-19 pandemic. Massive...
Leverage Investments up by 34% in a Month
Apr 28, 2020 06:49 am UTC| Economy Investing
Leverage investments among small investors went up by 34.3 percent to 8.65 trillion won as of Thursday from 6.44 trillion won on March 24, according to the Korea Financial Investment Association. The increase was...
Rebounding Oil Prices Boosts Seoul Stocks
Apr 24, 2020 04:14 am UTC| Economy Investing
South Korean stocks opened higher Thursday due to rebounding oil prices and an apparent slowdown in the COVID-19 pandemic. The Korea Composite Stock Price Index (KOSPI) rose 0.55 percent, to 1,906.49 in the first 15...
What just happened to the price of oil?
Apr 21, 2020 12:30 pm UTC| Investing Economy
We have just witnessed an oil price crash like never before taking prices of West Texas Intermediate into deeply negative territory. The spot price of West Texas, the US benchmark, reached minus US$40.32 a barrel and...
South Korea's Construction Investment Poised to Go Down by 3% in 2020
Apr 21, 2020 12:14 pm UTC| Investing Economy
Investment in South Koreas construction industry is poised to shrink by three percent this year, according to a forecast by the Korea Research Institute for Construction Policy. The think tank earlier projected a...
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai
IMF Deputy Dan Katz Visits China as Key Economic Review Nears
Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean
Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert
Australia Progresses AUKUS Review as U.S. Affirms Strong Support
Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship
California Launches Portal for Reporting Alleged Misconduct by Federal Immigration Agents
Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman
NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead
Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission
Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment
Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities
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