Bank Of Korea Raises Rates to 2.75% in First Rate Hike Since 2025
The Bank of Korea raised its benchmark rate to 2.75 percent on Thursday, delivering its first rate hike since May 2025. Consequently, the Monetary...
Crude Oil Prices Rise Amid Hormuz Strait Tensions
Crude oil prices are rising again as uncertainty over the Strait of Hormuz intensifies further. This price surge affects numerous industries relying heavily on...
North Korean Beauty Salons Rebrand as Premium Services
North Korean beauty salons and sauna houses are increasingly rebranding themselves as premium services in 2026. These facilities now bundle haircuts, massages, skin care...
Memory Chip Prices Surge as AI Demand Grows
Memory chip prices are surging worldwide, driving up costs for smartphones, computers and game consoles. This increase stems from declining supply as manufacturers prioritize...
South Korea, US, and Japan Sign SMR Partnership Deal
South Korea, the United States and Japan signed a new SMR partnership focused on small modular reactors. The three countries formalized this memorandum during...
