The latest oil supply shockwave triggered by OPEC+ is expected to intensify the oil glut later this year, putting pressure on prices for global oil producers and responding to US President Donald Trump’s call to lower fuel costs. OPEC and its allies have reason to believe that at least in the short term, the additional […]
Over the weekend, the United States’ major trading partners sought to reach trade agreements or lobbied for more time. Meanwhile, Treasury Secretary Scott Benson stated that some countries that failed to reach an agreement by Wednesday’s deadline would have the option to extend negotiations for three weeks. Beshear said on CNN’s “State of the Union” […]
As Washington and Beijing implemented a trade deal to ease recent restrictions on key technologies, the Trump administration lifted the export license requirement for the sale of chip design software to China. According to a company statement, the US Department of Commerce has informed the world’s three major chip design software suppliers – Synopsys Inc., […]
US President Donald Trump said he would not consider postponing the July 9 deadline for resuming tariffs and again threatened to suspend negotiations and impose tariffs on multiple countries, including Japan. “No, I haven’t considered a pause,” Trump said Tuesday when asked if he would extend the negotiation period with trading partners. “I’ll be writing […]
The continuous rise in housing prices, especially in the Seoul metropolitan area, may accelerate South Korea’s debt accumulation and pose a risk to financial stability, threatening the financial system that has generally performed well in the face of long-term political unrest and US tariffs. The Bank of Korea released its semi-annual financial system report on […]
US President Donald Trump unexpectedly announced a ceasefire, and the 12-day war between Iran and Israel seems to be coming to an end. During this conflict, Iran’s top military leaders and scientists were killed, the US bombed Iran’s nuclear facilities and launched multiple missiles at Qatar. The specific time of the pause and Israel’s response […]
Shares of Pop Mart International Group Limited fell in Hong Kong after Chinese official media made comments calling for stricter regulation of blind box toys and collectible card games, raising concerns about the company’s popular Labub doll business. Although the comment did not name the company, it scared traders. The company’s share price has risen […]
Trump’s spokesperson said that President Trump will decide within two weeks whether to strike Iran, as Israel attacked more Iranian nuclear facilities and warned that its attacks might topple the leadership in Tehran. White House spokesperson Caroline Levitt said that in his dictated message, Trump stated: “Based on the fact that there is a high […]
According to informed sources, senior US officials are preparing for the possibility of launching an attack on Iran in the coming days, indicating that Washington is building up infrastructure for a direct confrontation with Tehran. People familiar with the matter said the situation is still evolving and could change. Because the conversations were private, these […]
According to informed sources, US President Donald Trump held a meeting with his national security team for over an hour in Washington on Tuesday to discuss the escalating conflict in the Middle East, which has sparked speculation that the US is about to join Israel in attacking Iran. According to a White House official, Trump […]