ECONOMY

Korean Air’s Fleet Expansion and Service Excellence Earns Top Global Recognition

On Monday, Korean Air was crowned Airline of the Year by Airline Ratings, a prestigious Australian aviation and travel publication. Airline Ratings assesses over 350 global carriers annually, considering factors such as safety ratings, passenger feed

Flight Delays Hit 25.7% Across South Korea’s Airlines in 2024

Last year, one out of four national airline aircraft departed or arrived later than scheduled in South Korea. For international flights, Air Seoul had the highest delay rate. On Monday, Democratic Party Ahn Tae-jun, a member of the National Assembly’

Growing Threat of AI-Generated Voice Deepfakes: A New Tool for Scams and Misinformation

At a recent rally supporting the impeachment of South Korean President Yoon Suk Yeol, a song synthesized using artificial intelligence (AI) to mimic the president’s voice echoed through the crowd. Deep learning technology used for voice replication h

South Korea’s Shipbuilding Surge: Leading the Global Market with High-Value Orders

Since the beginning of the year, South Korean shipbuilders have captured over half of global ship orders, outperforming China to claim the top market share. This marks their first return to the number one position since July last year. Notably, the o

Rigetti Stock Drops 4% as Google Stirs Concerns About Dominating the Quantum Computing Market

Google’s announcement that it plans to launch a quantum computing app within five years sent shockwaves through Wall Street, causing the shares of Rigetti Computing, a leading player in the market, to drop nearly 4%.On Thursday, Rigetti’s stock fell

NVIDIA Continues Bullish Run with 3% Rise, Powered by AI Demand and Morgan Stanley’s Positive Outlook

NVIDIA’s stock continued its upward momentum, rising more than 3% today after a 5% surge the previous day. On Thursday, NVIDIA shares gained 3.08% to close at $128.68 on the New York Stock Exchange, pushing its market capitalization to $315.1 billion

Tesla Shares Dip 1% Amid Growing Tariff Fears and European Struggles

Tesla’s stock slipped 1% as concerns grew that the electric vehicle giant might not escape the impact of looming tariffs.On Thursday, Tesla shares declined 1.02% on Wall Street, closing at $374.32.While there was no Tesla-specific news behind the dro

Amazon Shares Drop 1% After Weak Revenue Forecast Despite Strong Earnings

Amazon reported quarterly earnings that exceeded Wall Street expectations, but its forecast for the current quarter fell short of market projections, leading to a slight dip in its stock price after hours.On Thursday, Amazon shares fell 1.50% to $235

Ripple Faces a Steep 6% Drop, Bitcoin Holds Steady Amid Crypto Market Struggles

Ripple’s value plunged over 6%, dropping to the $2.36 range.On Thursday morning, CoinMarketCap, a leading cryptocurrency tracking platform, reported that Ripple had fallen 6.16% over the past 24 hours to $2.38.Earlier, Ripple hit a low of $2.36, caus

Tesla’s European Woes: 59% Drop in German Sales Leads to Stock Slump

Tesla’s stock plunged over 3% after a sharp 59% drop in German sales last month.On Wednesday, Tesla shares fell 3.58% to $378.17 on the New York Stock Exchange, bringing its market capitalization down to $1.216 trillion.According to the German Federa