Latest in South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6 quarter low
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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 -
EA’s December quarter was weaker as Dragon Age and soccer missed forecasts
EA's December quarter was weak because of weaker-than-expected sales of Dragon Age: Veilguard and global football (soccer) games.VentureBeat - 6h -
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 -
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 - 5h -
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 -
UK to launch digital driving licences to boost growth
New app will also include documents showing criminal record checks and proof of eligibility for state benefitsFinancial Times - 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 -
Has South Korea just witnessed its own January 6 moment?
Protesters who stormed a Seoul court at the weekend may not have worn animal skins, but the similarities are striking. They arrived intent on causing mayhem. The political figurehead they supported ...The Guardian - 2d -
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 demandFinancial Times - 5d -
China's annual GDP growth meets target of 5% as stimulus measures kick in
China’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter of the year, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.NBC News - 6d -
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Worst global growth for 6 years forecast due to tariffs
The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.BBC News - 6d -
UK housebuilders predict sector growth on Labour planning reforms
Taylor Wimpey and others say government measures will boost sector in spite of economic uncertaintyFinancial Times - 6d -
Edge computing’s rise will drive cloud consumption, not replace it
Successful edge AI deployments require deep integration between edge and cloud, complex orchestration and new approaches to data management.VentureBeat - 6d -
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - Jan. 16 -
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 -
Estimated Gaza Toll May Have Missed 25,000 Deaths, Study Says
Analysis found that more than 64,000 Palestinians may have been killed by traumatic injury in the first nine months of the war.The New York Times - Jan. 15 -
OpenAI outlines proposals to bolster national security, drive economic growth
OpenAI laid out a series of new artificial intelligence (AI) policy proposals Monday, encouraging U.S. development of the emerging technology to stay ahead of China while minimizing its risks. "As ...The Hill - Jan. 13 -
Yoon Suk Yeol to miss start of South Korea impeachment trial on safety grounds
Lawyer for suspended president says concerns about ‘potential incidents’ have arisen following thwarted attempt to arrest him at his residence. Inside the ‘fortress’ where South Korea’s impeached ...The Guardian - Jan. 12 -
South Korea air crash recorders missing final four minutes
The last four minutes of data before the disaster which killed 179 people are missing, transport authorities say.BBC News - Jan. 11 -
Jeju Air ‘black box’ data missing from last 4 minutes before crash, South Korea ministry says
The flight data and cockpit voice recorders on the Jeju Air jet that crashed on Dec. 29 stopped recording about four minutes before the airliner hit a concrete structure at South Korea’s Muan ...NBC News - Jan. 11 -
Sites without sound: Oslo leads in quiet, low-emission electric construction
Norwegian capital’s sites were 98% free of fossil fuels last year, and it aims to increase use of electric machinery. Tafseer Ali felt no need to raise his voice as the pair of diggers lumbered ...The Guardian - Jan. 10 -
IRS: Missing final 2024 quarterly estimated tax payment could trigger 'unexpected penalties'
The fourth-quarter estimated tax payment for 2024 is Jan. 15. Here's how to avoid "unexpected penalties," according to the IRS.CNBC - Jan. 9 -
South Korea’s real-life political drama
Attempted coup throws spotlight on deep-rooted problemsFinancial Times - Jan. 9 -
The Deep South has fallen to a college football low point
With no teams left in the College Football Playoff, the region's long-running domination of the sport appears to be at an end. So what gives?Yahoo Sports - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
How Trump’s Mass Deportation Plans Could Reverse GDP Growth
Estimates of the effects of the president-elect’s plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business ...Inc. - Jan. 7 -
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 yearFinancial 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 -
4 Ways to Drive Organic Business Growth
As companies find funding harder to come by, more are turning toward organic growth strategies. Here’s what they look like.Inc. - Jan. 4 -
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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 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
Investigators turn to black boxes for answers in South Korea plane crash
The black boxes from the Jeju Air plane that crashed in South Korea are the center of focus as investigators work to determine the cause of the deadliest aviation disaster of 2024.NBC News - Jan. 1 -
Experts from U.S. join South Korea plane crash probe
Experts from the National Transportation Safety Board, Federal Aviation Administration and Boeing joined the probe into the South Korea plane crash that killed all but two of the 181 people on ...CBS News - Dec. 31