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Buffett: "People Are Caught Up in Gambling Psychology... Many Assets Are Priced Higher Than Their Actual Value"
Warren Buffett, Chairman of Berkshire Hathaway, recently warned that the U.S. stock market is “becoming gambling rather than investing.”According to the U.S. investment media outlet Motley Fool on the…
Trade
U.S. Imposes 15% Tariff on Derivatives of Polysilicon Based on Minimum Import Price
On the 6th (local time), U.S. President Donald Trump signed an executive order containing new trade measures to protect the polysilicon industry, a key raw material for semiconductors and solar panels…
Commodities
Oil Prices Up, Gold Prices Down… Hormuz Strait Uncertainty Sparks Inflation Fears
International oil prices surged on news of Iran’s hardline control measures over the Strait of Hormuz, while gold—a prime safe-haven asset—gave up its gains and turned lower. This was driven by the sh…
Politics (Global)
U.S. Democrats: "Did South Korean Companies Pay Trump $3 Billion in Bribes?"… Senate Launches Investigation
U.S. Senate Democrats have launched an investigation into a $2 million (approximately 2.85 billion won) payment made by South Korean mid-sized company Base Group to a company owned by President Donald…
Trade
Why Are Korean Companies Turning Their Attention to Taiwan? Trade Shows Emerge as Global Business Connectivity Platforms
"Taipei 101" (TAIPEI 101), Taiwan’s tallest building and a landmark. (Photo: TAITRA)
In June of this year, during “COMPUTEX TAIPEI,” NVIDIA CEO Jensen Huang hosted “Korea Partner Night” at a local…
Management
Global Smartphone Sales Hit 'All-Time High' in Q2… Samsung Phones Also Jump 9%
Global smartphone market revenue reached a record high for a single quarter in the second quarter of this year. SamsungElectronics(005930)maintained its second-place market position as revenue increas…
Commodities
Gold Prices Hit 7-Week High… Expectations Rise for Reopening of the Strait of Hormuz
Gold prices rose for the fourth consecutive trading day, hitting a seven-week high. Growing expectations for the reopening of the Strait of Hormuz drove down oil prices and caused the U.S. dollar and …
Stocks
"We've Been Completely Overshadowed by the Korean Stock Market"... Japanese Securities Industry Expresses Frustration
The Japanese stock market is being dragged along by the Korean market. As the KOSPI’s fluctuations repeatedly cause the Nikkei Index to follow suit, complaints are emerging from Tokyo’s financial circ…
Finance
[Market In] STO Sees First-Generation Leaders Step Down and New Owners Take the Helm… The Business Landscape Is Changing
First-generation innovative financial service providers that pioneered the STO (Security Token Offering) market are successively shutting down their services or changing hands. As the market transitio…
Stocks
SpaceX's 'Surprise Earnings' Send Stock Plummeting… Here's How Wall Street Sees It
Elon Musk’s space company, SpaceX, is trading down by more than 9% on the New York Stock Exchange on the 5th (local time), despite reporting revenue that exceeded market expectations in its first quar…