Business

OPEC+ is a group of 23 oil-exporting nations that meets regularly to decide the quantity of crude oil to sell on the world market. At its core are the 13 members of OPEC (Organization of the Petroleum Exporting Countries), primarily consisting of Middle Eastern and African countries. OPEC was formed

Dogecoin, a niche cryptocurrency, experienced a significant surge of over 30% on Monday. The spike came after Elon Musk, Twitter's CEO, swapped the company's iconic blue bird logo for the image of a Shiba Inu, which is also the emblem of the digital coin. On Friday,

South Korea's exports experienced a decline for the sixth straight month in March, primarily due to weakened global demand for semiconductors in the face of an economic slowdown. According to the Ministry of Trade, Industry and Energy, the country has now faced a trade deficit for 13 consecutive

The US Chips and Science Act, a bipartisan legislation aimed at boosting the country's semiconductor industry with a $52 billion investment, has sparked concerns among Korean chipmakers, such as Samsung Electronics and SK Hynix. These companies fear that their trade secrets may be compromised as they seek subsidies

Disney CEO Bob Iger announced on Monday that the company will begin the first of three planned rounds of layoffs, with the goal of eliminating 7,000 jobs. This decision is part of a larger cost-cutting initiative to streamline operations amidst ongoing media industry turbulence and economic uncertainty. In a

Korean cultural content, commonly referred to as K-content, has been gaining immense popularity across the globe. This is according to the results of a survey conducted by the Ministry of Culture, Sports and Tourism of Korea, which shows that K-pop, Korean food, Hallyu stars, dramas, and information technology (IT) products/