CES 2025: AI-powered tech to dominate world’s biggest electronics trade show
South Korean companies are set to showcase their advanced artificial intelligence (AI) technologies at CES 2025, the world’s largest consumer electronics and IT trade show, scheduled to open in Las Vegas next week. Major home appliance companies like Samsung Electronics Co. and LG
Portfolio Income & Withdrawals
Dr K C Gupta, YBB Personal FinancePORTFOLIO INCOME is important for many investors & retirees now that old defined-benefit (DB) pensions have almost disappeared. Portfolio WITHDRAWALS (decumulations) need to cover only the income-gap that is the difference between basic expenses & income from
US lawmaker expresses concerns over MBK’s takeover bid for Korea Zinc
A member of the United States Congress has voiced concerns over the takeover bid by private equity firm MBK Partners Ltd for Korea Zinc, in collaboration with its largest shareholder, Young Poong Corp, citing issues related to critical minerals’ supply chains, according to
PM Modi holds brainstorming session with economists ahead of Budget
In preparation for the upcoming Union Budget for 2025-26, Prime Minister Narendra Modi on Monday held a meeting with leading economists and sectoral experts to gather insights and suggestions. The discussion focused on key strategies to strengthen India’s economic growth and ensure long-term
Consumer sentiment in South Korea falls by most in over 4 years in December
South Korea’s consumer sentiment fell by the largest margin since the Covid-19 pandemic in December, as political turmoil sparked by President Yoon Suk Yeol’s shocking martial law declaration added another layer of uncertainty to the economy, a central bank poll showed on Tuesday.
Shinsegae chairman had ’10-15 minute talk’ with US President-elect Trump
Chung Yong-jin, chairman of South Korean retail conglomerate Shinsegae Group, said he had a brief talk with US President-elect Donald Trump during his visit to Trump’s Florida resort but declined to provide any other details. “I had a meal together with President-elect Trump,
US, South Korea conducting joint research to block North Korean crypto heists
South Korea and the United States are conducting joint research to strengthen protection against cryptocurrency heist attempts amid growing concerns of such attacks by North Korea-linked hackers, officials said on Sunday. Based on a recently signed technical annex between the South Korean government
Google ‘strongly disagrees’ with US DoJ’s lawsuit, files remedies proposal
Criticizing the US Department of Justice (DoJ) lawsuit and its “overbroad proposal,” Google on Monday said that before it appeals in court, the company has filed its own remedies proposal based on the actual findings in the court’s decision. Stressing that the company
US finalises $4.7 billion in CHIPS Act subsidy to Samsung
The US Commerce Department has awarded Samsung Electronics up to $4.745 billion in direct funding to support the South Korean tech giant’s chipmaking investment in central Texas, as it strives to strengthen domestic semiconductor production. The announcement came after the department announced a
Department of Justice case against Adani ‘flimsy, baseless’: Mahesh Jethmalani on US attorney’s resignation
The US Department of Justice’s (DoJ) indictment of Adani Group officials in an alleged bribery case is “extremely flimsy,” senior advocate Mahesh Jethmalani said on Friday, as Breon Peace, the US Attorney behind the case, announced his resignation. According to reports, Brooklyn US
US and India discuss advancing space partnership, announce initiatives
The US and India are set to strengthen space cooperation, including human spaceflight and joint space exploration, and are expected to facilitate commercial partnerships between space companies of both countries to advance shared interests in the growing space economy. After US President Joe
US stock market reacts to Fed’s rate cut: analysts see overreaction, eye opportunities
By Dr. Avi Verma, IndoUS Tribune U.S. stock markets experienced a sharp decline following the Federal Reserve’s latest policy move, with the S&P 500 and Dow Jones dropping nearly 3%, and the Nasdaq 100 falling by almost 4%. The sell-off was triggered by
Trump pressures EU to boost US energy imports, threatens tariffs
Former U.S. President Donald Trump has urged the European Union to significantly increase its purchases of American oil and natural gas, warning that failure to address the trade imbalance could result in steep tariffs on European goods. In a statement on his Truth
Japanese auto giants Honda and Nissan in talks for landmark merger to rival Chinese EV dominance
In a pivotal move that could reshape the global automotive landscape, Japanese automakers Honda and Nissan are reportedly in discussions for a potential merger. The alliance, if finalized, would create the world’s third-largest car manufacturer, combining strengths to counter the growing influence of
Personal finance insights: Market sentiments, investment strategies & economic trends
By: Dr K C Gupta, YBB Personal Finance SENTIMENTS AAII Bull-Bear Spread +11.6% (above average)$NYA50R, NYSE %Above 50-dMA 50.76% (positive, barely)$SPXA50R, SP500 %Above 50-dMA 47.60% (negative)Delta MSI 60.2%% (positive, lagging) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 61.62%, Hybrids 4.36%, Bonds 17.84%, M-Mkt
Indian share market opens in red as US Fed warns of fewer rate cuts in 2025
The Indian stock market opened in the red on Thursday after the US Federal Reserve cut interest rates by 25 basis points but warned that rate cuts in 2025 may not be as frequent as previously anticipated. With the Fed’s focus shifting towards
How Google News fought misinformation in India in 2024
From major elections to global conflicts and crises, 2024 was a pivotal year for the news industry, according to Google News. These significant events underscored the crucial role of newsrooms in providing accurate and timely information, the company noted, highlighting its efforts to
The high cost of truth: Tech whistleblowers who paid the ultimate price: by Dr. Avi Verma
The tragic death of Suchir Balaji has put a spotlight on the dangers faced by whistleblowers in the technology industry. A 26-year-old AI researcher and former OpenAI employee, Balaji exposed alleged copyright violations in the company’s use of data to train its models,
OpenAI whistleblower Suchir Balaji found dead at US apartment
Suchir Balaji, an OpenAI whistleblower, has been found dead inside his apartment in San Francisco, according to multiple reports. In October, the 26-year-old AI researcher raised serious concerns about Sam Altman-run ChatGPT maker OpenAI “breaking copyright law.” According to the San Jose Mercury
Donor Advised Funds – DAFs
Dr K C Gupta, YBB Personal FinanceDonor Advised Funds (DAFs; 1931- ) function like your own personal charitable foundation but without the expenses & headaches of actual foundations. Many wealthy people (including billionaires) are now using DAFs exclusively, or in addition to complex