Global Economy US Homelessness Surges 18% to Over 770,000 Amid Rising Inflation and Housing Costs
Homelessness in the US hit 771,480 in January 2024, an 18% increase driven by inflation, rising housing costs, and systemic challenges.
Global Economy
Global Economy 
Global Economy South Korea Plans KSMC Foundry with $200 Billion Economic Impact
South Korea aims to revive its semiconductor industry with KSMC, a state-run foundry inspired by Taiwan's TSMC model.
Global Economy Even Koreans Fleeing the Market: KOSPI Underperforms Worse Than War-Torn Russia
The South Korean stock market is struggling, with the KOSPI failing to rise and performing worse than Russia despite its ongoing war.
Global Economy Market Crash Warning? Buffett Hoards $330 Billion in Cash – What It Means
Warren Buffett's Berkshire Hathaway increases cash reserves to $330 billion, sparking concerns of a potential market crash.
Global Economy Venezuela’s Hyperinflation: $1M Drops to $7, 35% of Population Flees
Hyperinflation in Venezuela devalues $1M to $7, forcing 7.7M people to flee. Poverty rises as many survive on garbage meals.
Global Economy Dow Drops for 10th Straight Day, Down $1,123 to $42,326, First in 50 Years
The Dow Jones fell $1,123 to $42,326, marking its first 10-day losing streak in 50 years amid concerns over high US interest rates.
Global Economy 6.14 Million in South Korea Default on Loans; $35 Billion Past Due Balance
Over 6 million South Koreans face loan arrears, with $35 billion overdue. High interest rates and prices worsen economic strain.
Global Economy Korea’s Fiercest Export Competitor is Japan: 9 Overlapping Top Export Items
KOTRA's report reveals Japan is South Korea's top export competitor, with nine overlapping items in their top 10 exports.
Global Economy China’s New EV Models Taking Market Share, Why Japanese and German Cars
At the 2024 Guangzhou Motor Show, China’s new EV models are gaining market share, leaving Japanese and German cars behind. What’s the reason?
Global Economy South Korean Semiconductor Industry at Risk: Experts Warn of Urgent Action
Experts from the Korean Academy of Engineering warn that the South Korean semiconductor industry faces a critical crisis.
Global Economy Russia’s Wartime Economy Struggles: Ruble Plummets and Inflation Soars
Amid war and sanctions, Russia's economy shows strain as the ruble plummets and inflation skyrockets, signaling new challenges.
Global Economy Won Exchange Rate Drops Unstoppably: Fears of 1,500 Won per Dollar
Concerns rise over the won’s decline, with fears it may reach 1,500 won per dollar due to political uncertainty surrounding President Yoon Seok-youl.