Recently, South Korea’s convenience stores have started offering a unique item on their menu – gold bars. Collaborating with the Korea Minting and Security Printing Corporation (KOMSCO), the country’s largest convenience store chain, CU, has introduced mini gold bars, which have become immensely popular among customers. These miniature gold bars, ranging from 0.1 gram to
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The Asia-Pacific markets are experiencing a positive trend, with expectations of extending gains from the previous session. This optimism is fueled by Wall Street’s overnight rise on the anticipation of the Federal Reserve implementing interest rate cuts. Investors in the region are closely watching the developments, especially as the Reserve Bank of Australia concludes its
The Asia-Pacific markets were quick to respond positively to gains in Wall Street on Monday. The catalyst for this optimism was a softer-than-expected U.S. jobs report, which fueled hopes that the Federal Reserve might soon consider cutting rates. This news was met with anticipation as investors kept a close eye on upcoming events, such as
Chinese President Xi Jinping’s recent visit to Europe has highlighted the challenges and tensions that exist between the continent and Beijing. From concerns over Chinese spies in European capitals to worries about the defense trade between China and Russia, there are multiple issues that European leaders are grappling with. Additionally, the growth of China’s influence,
Warren Buffett’s Berkshire Hathaway made headlines in the first quarter of this year as it significantly decreased its stake in Apple, the tech giant that was once considered one of Buffett’s favorite investments. According to the first-quarter earnings report released by Berkshire Hathaway, the conglomerate’s Apple bet was valued at $135.4 billion, indicating a reduction
The European Central Bank’s (ECB) potential divergence from the Federal Reserve in terms of interest rate cuts could have a significant impact on the credit demand in the euro zone. While the ECB is considering reducing interest rates, the Federal Reserve has chosen to maintain its rates steady. This difference in monetary policies may lead
The United States has formally accused Russia of using chemical weapons against Ukrainian troops and has announced new sanctions against Russian individuals and entities. This accusation comes after the U.S. State Department released a statement late Wednesday, accusing Russia of violating the Chemical Weapons Convention (CWC) by using the choking agent chloropicrin against Ukrainian forces.
Aston Martin, the luxury carmaker, faced significant challenges in the first quarter of the year, leading to a widening of losses. The company had to stop the production of its core models in preparation for the launch of a new range of vehicles later in the year. This decision resulted in a dramatic increase in
Dubai’s leadership has given the green light to a groundbreaking plan that will transform the aviation industry. The approval of the 128 billion dirham ($35 billion) project to construct a new passenger terminal at Al Maktoum International Airport is set to revolutionize air travel on a global scale. The ambitious plan promises to make Al
In Monday morning trading in Asia, the Japanese yen weakened to 160 against the U.S. dollar, marking its weakest level since April 1990. Despite this initial dip, the currency saw a brief strengthening by midday, settling around 156.5 against the dollar. This volatility reflects the ongoing uncertainty in the market regarding the yen’s exchange rate