Thursday, November 21, 2024

Economy

Is South Korea’s Economy in Trouble? IMF Sounds the Alarm

The IMF forecasts South Korea's 2024 growth at 2.0%, citing uncertainties and recommending gradual interest rate cuts and structural reforms.

Tesla Soars 7% as Trump Promises Self-Driving Regulations

Tesla's stock surged over 7% after Trump prioritized easing autonomous driving regulations, boosting hopes for the company's robotaxi plans.

Trump’s Team Eyes Major Cuts to Electric Vehicle Subsidies

Trump’s team plans to repeal EV subsidies from the IRA, which could harm the EV industry but benefit Tesla in the long run.

Tesla Plummets 6%: Is the Trump Rally Over?

U.S. stock indices fell on November 14, led by Tesla's 6% drop amid fading Trump rally and Fed's interest rate comments.

Trump Rally Fuels Wall Street to New Heights

US stock market hits record highs with Dow surpassing 44,000 and S&P 500 breaking 6,000, while Nasdaq shows slight decline.

NVIDIA’s Stock Soars: Analysts Predict Another 20% Jump

Piper Sandler raises NVIDIA's price target to $175, citing strong growth potential in AI semiconductors despite stock price gains.

Jobless Claims Rise: What’s Behind the Spike?

US jobless claims rose to 221,000, exceeding expert forecasts, amid ongoing concerns about the economic outlook.

Giant Steps: First Exploratory Drill for South Korea’s ‘Whale’ Gas Field Set to Begin

The Korea National Oil Corporation plans exploratory drilling in the East Sea's Blue Whale gas field, starting mid-December.