Global Economy

South Korea's foreign investment has dropped by nearly 90%, raising concerns despite a surplus in the current account. October 2024 data from the Bank of Korea.

Bitcoin hits $100,031 for the first time. Russian President Putin declares that no one can ban Bitcoin, highlighting its growing global presence.

The state of emergency in South Korea was lifted after six hours, but foreign investors sold 650 billion won, raising concerns about the country's external creditworthiness.

Unpaid wages in China spark widespread protests, affecting media, banks, and hospitals, highlighting growing social unrest.

China's local finances struggle as land sales plummet, leading to poverty in rural areas and the suspension of public services.

The number of companies holding Bitcoin ETFs has risen to over 1,200, with institutional investors seeing it as an inflation-resistant asset.

Explore the decline in Japan's auto market share as Chinese brands rise to over 70% dominance, reshaping global competition.

The Russian ruble has dropped over 30% since August, prompting the central bank to halt foreign currency purchases to calm markets.

European carmakers plan to lay off 50,000 employees in 2024 as EV overproduction due to reduced EU support impacts the industry.

China’s economic decline deepens as citizens reject government policies. The US, under Trump, may intensify its tough stance on China.

Nvidia's Q3 2024 revenue soared 94% to $35.1B, driven by generative AI demand. Net profit also more than doubled to $19.39B.