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. 2024.12.21 Global Economy
Japanese economy Tokyo Hotel Prices Soaring Beyond $100: Why Business Travelers Are Struggling Tokyo hotel prices have soared beyond $100 per night, with business travelers facing tough choices. Here's why prices are skyrocketing. 2024.12.20 Japanese economy
Japanese economy Yen Drops After Bank of Japan Holds Off on Interest Rate Hikes The yen weakens to $0.0064 as the Bank of Japan postpones rate hikes, prompting a sell-off in yen and dollar buying on Dec. 19. 2024.12.19 Japanese economy
Enterprise Volkswagen Faces Crisis: Layoffs, Factory Closures, and Stock Plunge Amid EV Shift Volkswagen is in crisis, laying off thousands, closing factories, and seeing stock drops as it shifts to electric vehicles (EVs). 2024.12.19 Enterprise
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. 2024.12.19 Global Economy
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. 2024.12.19 Global Economy
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. 2024.12.18 Global Economy
Japanese economy Japan’s Household Financial Assets at 2,179 Trillion Yen, Down Due to Market Decline Japan's household financial assets fell to 2,179 trillion yen due to stock market decline and a strong yen, the first drop in 8 quarters. 2024.12.18 Japanese economy
Enterprise Mitsubishi Motors Joins Honda-Nissan Merger Talks, Competing with Toyota Mitsubishi Motors may join Honda-Nissan's merger talks, potentially creating a global competitor to Toyota. 2024.12.18 Enterprise
Japanese economy Honda and Nissan to Merge: Talks Begin for New Holding Company Honda and Nissan are in talks to merge under a new holding company, aiming to strengthen their position in the global market. 2024.12.17 Japanese economy
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. 2024.12.17 Global Economy
Japanese economy Japan Targets 60 Million Inbound Tourists by 2030 to Revitalize Economy The Japanese government plans to double inbound tourists to 60 million by 2030, surpassing the auto industry in foreign revenue. 2024.12.15 Japanese economy