Strong US Economy... Treasury Yield Hits 16-Year High

By Alexander Lee Traders at the New York Stock Exchange [UPI United Press International data photo]On the 18th (local time), the US Treasury yield continued its upward trend during the morning se...

| 10-19 04:16

United Kingdom Joins CPTPP Led by Japan, First Among European Countries

 By Alexander LeeOn the 11th, UK Secretary of State for Business, Energy, and Industrial Strategy, Kwasi Kwarteng (center), signed the Comprehensive and Progressive Agreement for Trans-Pacific Pa...

| 07-17 14:11

The Escalating Israel-Hamas War... "The Market is Underestimating the Crisis"

By Alexander Lee   Palestinians inspect the damage of destroyed houses after Israeli airstrikes on Gaza City, Tuesday, Oct. 24, 2023. (AP Photo/Abed Khaled) On the morning of the 1...

| 07-17 00:34

A storm of AI-induced layoffs hits big tech and Silicon Valley

 By Alexander Lee  Illustration of the English acronym AI for artificial intelligence placed on a computer motherboard. Photo courtesy of Reuters.The introduction of artificial intellig...

| 07-05 20:00

WSJ "South Korea's Export Decline is a Warning Sign of Global Economic Slowdown"

By Alexander Lee  South Korea's trade balance has been rapidly deteriorating this year due to soaring international commodity prices and China's economic downturn. Photo taken on the afterno...

| 09-27 03:36

US-China 'Semiconductor War' Escalates...Will South Korea be Pushed to Make a Choice?

 By Alexander Lee  On May 21, China announced that it would prohibit important information infrastructure operators from purchasing products from US memory semiconductor manufacturer Mi...

| 05-22 19:40

Stagflation or Slowflation?

By Alexander Lee  On June 23 (local time), a trader is working at the New York Stock Exchange (NYSE). /Reuters Yonhap News "Larry Summers, the former US Treasury Secretary, sees a 60 to...

| 06-23 03:00

IMF Director: "World economy to experience the weakest growth in 30 years over the next five years"

By Alexander Lee  Kristalina Georgieva, Director of the International Monetary Fund (IMF), leaves after a press conference at the Washington Meridian Center on the 6th. AFP United News ...

| 04-07 11:27

"The top 1% 'super-rich' earned 6 times more than the bottom 90% combined"

 By Alexander Lee  Cover of Oxfam's 'Survival of the Super-Rich' report. Source: Website A recent study found that the world's top 1% wealthiest people earned more than 6 times the...

| 01-16 01:27

IMF Managing Director Says Financial Uncertainty Grows, World Growth Rate to Fall Below 3%

By Alexander Lee  International Monetary Fund (IMF) Managing Director Kristalina Georgieva attended the China Development Forum in Beijing on March 26.   Amid the spreading ba...

| 03-27 13:39