[Breaking] White House: "South Korea Pledges to Buy $25 Billion in U.S. Military Equipment by 2030"

On November 13 (local time), the White House announced in a fact sheet that South Korea has pledged to purchase U.S.-made military equipment worth 25 billion dollars (36 trillion won) by 2030.

Stock Market

11.14 10:45

U.S. Large Company Bankruptcies Expected to Hit 15-Year High: "Watch Out for Cockroaches"

This year, the number of bankruptcies among large U.S. companies is expected to reach its highest level in 15 years, since 2010. Wall Street has grown increasingly wary following the consecutive bankruptcies of subprime auto lender Tricolor and auto parts manufacturer First Brands. According to data released on November 13 (local time) by global credit rating agency S&P Global, the number of bankruptcies among large U.S. companies from January to October this year reached 655. This figure is already close to the annual total for 2024 (687 cases), and it is expected that the year-end tally will surpass last year's level. Large companies include both listed and unlisted firms with assets or liabilities above a certain threshold. The upward trend in bankruptcies has continued since 2022, but the sense of crisis has intensified this year. In October, there were 68 bankruptcy filings, a slight increase from 66 in the previous month. In August, there were 76 cases, marking the highest monthl

Stock Market

11.14 10:10

[New York Stock Exchange] All Major Indices Fall Despite Shutdown Ending... Worst Day in a Month on Missing Jobs Data and Fading Rate Cut Hopes

On the 13th (local time), all three major indices of the New York Stock Exchange ended lower. Despite the fact that the longest-ever federal government shutdown, which lasted 43 days, ended the previous night, concerns over a gap in economic data and weakened expectations for interest rate cuts weighed on investor sentiment. As risk appetite receded, technology stocks?especially those related to artificial intelligence (AI) that had been subject to overvaluation debates?fell sharply. On this day in the New York stock market, the blue-chip Dow Jones Industrial Average closed at 47,457.22, down 797.6 points (1.65%) from the previous trading day. The S&P 500 Index, which focuses on large-cap stocks, dropped 113.43 points (1.66%) to 6,737.49, while the tech-heavy Nasdaq Index slid 536.102 points (2.29%) to finish at 22,870.355. All three indices recorded their worst day since October 10. Investors were relieved by the end of the shutdown, which had been eroding economic growth. The House

Stock Market

11.14 07:04

Fed Officials Deliver Successive 'Hawkish' Remarks... Wall Street Sees 50-50 Odds for December Rate Hold or Cut

Officials from the United States Federal Reserve are continuing to express cautious views regarding a potential interest rate cut in December. Although recent signs of a slowdown in the labor market have bolstered arguments for an additional rate cut within the year, remarks from members with a hawkish (monetary tightening) stance have cast renewed uncertainty over the future path of interest rates. On top of this, concerns about gaps in major economic data have further dampened market expectations for a rate cut, making the odds of a December hold or cut essentially a coin toss. Alberto Musalem, President of the Federal Reserve Bank of St. Louis, stated at an event in Indiana on the 13th (local time), "There is limited room for further easing while ensuring that monetary policy does not become excessively accommodative," adding, "We must proceed cautiously in our future policy decisions." He assessed that current monetary policy is positioned between 'mildly restrictive' and 'neutral

Stock Market

11.14 06:22

[Breaking] New York Stock Market Closes Lower Across the Board... Nasdaq Down 2.29%

All three major indexes on the New York Stock Exchange closed lower on November 13 (local time). On this day at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average ended trading down 1.65% from the previous session. The S&P 500 Index, which focuses on large-cap stocks, closed down 1.65%, while the tech-heavy Nasdaq Index dropped 2.29% at the close.

Stock Market

11.14 06:03

White House: "Unemployment Rate Omitted from October Jobs Report"... December Rate Path Uncertain

The White House has announced that the upcoming October employment report will not include unemployment rate statistics due to the impact of the federal government shutdown, which lasted for a record 43 days. As members of the Federal Reserve remain divided over whether to hold or cut interest rates, the absence of key macroeconomic indicators is adding to the uncertainty surrounding monetary policy decisions in December. Kevin Hassett, Chairman of the White House National Economic Council (NEC), stated in a Fox News interview on the 13th (local time), "We will receive a partial employment report for October because we were unable to conduct the household survey." He explained, "Job-related indicators will be released, but the unemployment rate will be excluded." He added that the omission of the unemployment rate would be limited to the month of October. The October employment report was originally scheduled to be released on the 7th, but the shutdown that began on October 1 led most

Stock Market

11.14 04:57

New York Stocks Open Lower... Concerns Over 'Economic Data Gap' Despite Shutdown Ending

All three major U.S. stock indices declined on November 13 (local time) in New York. Although the federal government shutdown, which had lasted a record 43 days, ended the previous night, optimism had already been priced in. Additionally, uncertainty over the release of inflation and employment data, which will serve as the basis for next month's monetary policy decisions, has heightened market concerns. As of 10:27 a.m. on the New York Stock Exchange, the Dow Jones Industrial Average, which focuses on blue-chip stocks, was down 102.47 points (0.21%) from the previous session's record high, standing at 48,152.35. The S&P 500, which tracks large-cap stocks, fell 39.27 points (0.57%) to 6,811.65, while the tech-heavy Nasdaq shed 244.815 points (1.05%) to trade at 23,161.641. By sector, technology stocks were broadly weak. Nvidia was down 3%. Broadcom and Alphabet, Google's parent company, dropped by 3.08% and 2.53%, respectively. Walt Disney plunged 8.25% after its quarterly revenue mis

Stock Market

11.14 00:49

Greenhouse Gas Emissions Hit Record High... Goal to Limit Warming to 1.5 Degrees May Fail

This year, global greenhouse gas emissions have reached an all-time high, prompting warnings that the Earth's surface temperature could rise more than 1.5 degrees Celsius above pre-industrial levels. The Global Carbon Project (GCP), an international organization established to scientifically analyze the state of global warming, released this analysis in its annual Global Carbon Budget (GCB) report on November 12 (local time). The research team observed that carbon dioxide (CO₂) emissions from fossil fuels such as oil, natural gas, and coal are expected to reach 38.1 billion tons this year, an increase of 1.1% compared to last year. This is the highest level ever recorded. To keep the rise in global temperature within 1.5 degrees Celsius, the total amount of carbon dioxide that humanity can emit in the future is estimated at 1,700 million tons. If emissions continue to increase at the current rate, this entire allowance could be exhausted in just four years. If this trend continues, the

Stock Market

11.13 16:25

[New York Stock Exchange] Big Tech Attempts Rebound on Bargain Hunting in Tech Stocks... Closes Mixed

[Breaking] White House: "South Korea Pledges to Buy $25 Billion in U.S. Military Equipment by 2030"

U.S. Large Company Bankruptcies Expected to Hit 15-Year High: "Watch Out for Cockroaches"

[New York Stock Exchange] All Major Indices Fall Despite Shutdown Ending... Worst Day in a Month on Missing Jobs Data and Fading Rate Cut Hopes

Fed Officials Deliver Successive 'Hawkish' Remarks... Wall Street Sees 50-50 Odds for December Rate Hold or Cut

[Breaking] New York Stock Market Closes Lower Across the Board... Nasdaq Down 2.29%

White House: "Unemployment Rate Omitted from October Jobs Report"... December Rate Path Uncertain

New York Stocks Open Lower... Concerns Over 'Economic Data Gap' Despite Shutdown Ending

Greenhouse Gas Emissions Hit Record High... Goal to Limit Warming to 1.5 Degrees May Fail

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