South Korea's Economy Expands 2.0% in 2024 After Lackluster Fourth Quarter Growth

SK Hynix Posts Strong Fourth-Quarter Net Profit on AI Boom

The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.

The Wall Street Journal - 3h

South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low

The country's economy expanded by 1.2% year on year, missing analysts' expectations of 1.4% growth.

CNBC - 3h

United Airlines' first-quarter outlook outpaces estimates after profits surge to end 2024

United topped analysts' estimates for fourth-quarter earnings and the airline's first-quarter outlook.

CNBC - 11h

Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges

The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.

The Wall Street Journal - 12h

South Korea's Economy Expands 2.0% in 2024 After Lackluster Fourth-Quarter Growth

The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other ...

The Wall Street Journal - 6h

Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings

Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...

The Guardian - 1d

South Korea bristles at Trump calling North Korea ‘nuclear power’

South Korea rebuked President Trump’s remarks calling North Korea a “nuclear power,” raising concern about the relationship between the two countries. “North Korea’s denuclearization remains a ...

The Hill - 1d

Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter

The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.

The Wall Street Journal - 1d

South Korea president denies ordering arrest of lawmakers

Yoon Suk Yeol has made his first appearance at an impeachment trial which will decide if he should be permanently removed.

BBC News - 1d

Notre Dame coach Marcus Freeman defends controversial fourth-quarter FG decision in CFP loss to Ohio State

Freeman's decision drew heavy criticism on social media

CBS Sports - 2d

Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president

To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record.

CNBC - 3d

Commanders lead Lions 45-31 in fourth quarter of NFL divisional game

Will Houston QB C.J. Stroud be able to pull the massive upset off against Patrick Mahomes and the two-time defending champions?

NBC News - 4d

China’s economy hits 5% growth target but rate among slowest in decades

Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics. Business live – latest updates China’s economy grew by 5% in 2024, in line with ...

The Guardian - 5d

China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in

The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.

CNBC - 5d

China’s GDP growth hits 5% target for 2024

Analysts and officials warn of threat from tariffs and weak consumer demand

Financial Times - 6d

Study: Low growth could boost German shadow economy, clandestine work

Yahoo News - 6d

Three O’Clock expands into South Asian market

Yahoo News - 6d

UK economy’s 0.1% growth fails to hit forecasts

November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence grows

Financial Times - 6d

UK economy disappoints despite return to growth

Official figures show the economy grew by 0.1% in November, although that was lower than had been expected.

BBC News - 6d

TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.

CNBC - 6d

Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.

CNBC - Jan. 15

Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.

Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.

The New York Times - Jan. 15

After a weeks-long confrontation, South Korea’s impeached president Yoon is detained

South Korean police detained impeached President Yoon Suk Yeol at his residence in Seoul on Wednesday local time, ABC News confirmed.

ABC News - Jan. 14

South Korea’s President Yoon arrested after stand-off with police

Predawn raid on impeached leader’s compound marks latest twist in political crisis over failed martial law bid

Financial Times - Jan. 15

South Korea to Overhaul Runway Structures After Jeju Air Crash

The nation’s transport ministry reviewed structures near airport runways after the deadly crash of a Jeju Air flight late last month.

The New York Times - Jan. 14

Impeachment trial of South Korea's Yoon adjourned after he does not attend

South Korea’s Constitutional Court adjourned the opening session of the impeachment trial of President Yoon Suk Yeol on Tuesday after he did not attend.

NBC News - Jan. 14

South Korea’s real-life political drama

Attempted coup throws spotlight on deep-rooted problems

Financial Times - Jan. 9

'Trump 2.0' looms large over the global economy

Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.

BBC News - Jan. 9

UK retail sales growth ‘minimal’ in final quarter of 2024, data shows

BRC survey suggests consumers stayed cautious during what is usually busiest time of year

Financial Times - Jan. 7

A rallying call for democracy in South Korea

South Korean President Yoon Suk Yeol's attempted martial law declaration sparked a wave of collective resistance from citizens, who used protests, social media, and cultural works to express their ...

The Hill - Jan. 6

Foxconn Posts Record Fourth-Quarter Revenue on AI Demand

The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.

The Wall Street Journal - Jan. 5

Taiwan asks South Korea for help over Chinese ship after subsea cable damaged

Shunxing39 cargo vessel is heading for Pusan after Taipei suggests anchor-dragging was ‘sabotage’

Financial Times - Jan. 5

South Korea’s construction deals surpass $1trn globally

Yahoo News - Jan. 3

South Korea’s Dueling Protests

A standoff between the impeached president’s security team and officials seeking to detain him was echoed on the streets outside the presidential residence.

The New York Times - Jan. 3

Boeing Shares Drop After South Korea Plane Crash

A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.