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EU Agrees to Impose Fines of Up to 300% of Transaction Value for Illegal Imports of Russian Gas
Paul Lee 01/27/2026 06:00 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] The European Union has agreed to impose hefty fines of up to 300% of transactio ...

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Global Debate on Card Fees Intensifies Amid Policy and Regulatory Moves
Paul Lee 01/23/2026 06:46 AM
U.S. President Donald Trump. (Photo: Yonhap News)[Alpha Biz= Paul Lee] Regulatory efforts to curb card payment fees in the UK are ...

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South Korean Companies File Record Number of Anti-Dumping Cases in 2025
Paul Lee 01/19/2026 06:50 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] Last year, South Korean companies submitted a record number of trade remedy req ...

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Meta Acquires AI Voice Startup WaveForms to Accelerate Development of Superintelligent AI
Kim Jisun 08/11/2025 03:25 AM
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] Meta, the parent company of Facebook, has acquired WaveForms, an AI voice star ...

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Disney Reports Doubling of Net Income, but TV and Film Units Drag on Growth
Paul Lee 08/08/2025 03:54 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] August 6, 2025 – Burbank, California — The Walt Disney Company reported a sharp ...

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OpenAI Pursues New Secondary Share Sale at $500 Billion Valuation
Paul Lee 08/07/2025 03:59 AM
[Alpha Biz= Paul Lee] SAN FRANCISCO, CA — August 5, 2025 — OpenAI is reportedly in early talks to launch a new secondary share sal ...

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ChatGPT Weekly Active Users Expected to Surpass 700 Million — A Fourfold Surge from Last Year
Paul Lee 08/05/2025 08:18 AM
[Alpha Biz= Paul Lee] SAN FRANCISCO, August 5 — OpenAI announced this week that the number of weekly active users (WAUs) for its f ...

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Trump Fires U.S. Labor Statistics Chief Over Weak Jobs Report Amid Allegations of Data Manipulation
Paul Lee 08/04/2025 03:44 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] On August 1, President Donald Trump dismissed Erika McEntarfer, Commissioner of ...

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Amazon Beats Q2 Estimates but Disappoints with Q3 Operating Income Outlook; Shares Drop Over 7% After Hours
Paul Lee 08/01/2025 07:29 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] SEATTLE – Amazon reported second-quarter results on July 31 that exceeded Wall ...

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Boeing Faces Potential Strike as Defense Unit Union Rejects New Labor Contract
Kim Jisun 07/29/2025 04:41 AM
Boeing (Photo = Yonhap news)[Alpha Biz= Kim Jisun] Chicago, Illinois — July 27, 2025 — Boeing, still recovering from an ongoing ma ...

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OpenAI’s $500 Billion ‘Stargate Project’ Scales Back Amid Clashes with Microsoft and SoftBank
Kim Jisun 07/28/2025 03:50 AM
[Alpha Biz= Kim Jisun] OpenAI, the company that spearheaded the AI revolution with ChatGPT, is facing what some describe as a “dan ...

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Nvidia AI Chips Worth Over $1 Billion Illegally Imported into China in Past Three Months: FT
Kim Jisun 07/25/2025 04:27 AM
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] According to a report by the Financial Times on the 24th (local time), advance ...

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NVIDIA Jumps Over 2% on Positive Trade Talks and Alphabet’s AI Investment Boost
Paul Lee 07/24/2025 06:54 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] NVIDIA shares surged more than 2% on July 23 (local time) following remarks fro ...

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NVIDIA Shares Slide Over 2% on Reports of Scaled-Back AI Infrastructure Project by SoftBank and OpenAI
Paul Lee 07/23/2025 06:41 AM
Photo: NVIDIA[Alpha Biz= Paul Lee] NVIDIA shares fell more than 2% following reports that a massive $500 billion artificial intell ...

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Microsoft SharePoint Exploit Affects Over 100 Entities Including U.S. and German Government Agencies
Paul Lee 07/22/2025 07:59 AM
Microsoft Headquarters Logo (Photo: Yonhap News Agency)[Alpha Biz= Paul Lee] A recent cyberattack targeting Microsoft software has ...

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Wells Fargo Executive Barred from Leaving China During Visit
Paul Lee 07/18/2025 08:35 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] A senior executive at U.S. bank Wells Fargo has been barred from leaving China during a r ...

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Tesla Launches Model Y in India with Prices Nearly Double Those in China Due to Tariffs
Paul Lee 07/17/2025 03:37 AM
테슬라. (사진=연합뉴스)[Alpha Biz= Paul Lee]Tesla has officially entered the Indian market, the world’s third-largest auto market, but is f ...

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Trump to Announce $70 Billion Investment in AI and Energy at Pennsylvania Innovation Summit
Paul Lee 07/16/2025 03:01 AM
Donald Trump, President of the United States. (Photo = Yonhap News)[Alpha Biz= Paul Lee] U.S. President Donald Trump is set to unv ...

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Bitcoin Surges Past $120,000, Becomes 5th Largest Global Asset by Market Cap
Paul Lee 07/15/2025 03:03 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] Bitcoin surpassed the $120,000 mark for the first time on July 14, fueled by continued in ...

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U.S. Online Sales Surpass $24.1 Billion During Amazon’s Extended Prime Day Event, Up 30% YoY
Kim Jisun 07/14/2025 03:02 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Online sales in the United States exceeded 33.2 trillion KRW ($24.1 billion) during Amaz ...