In 2027, the South Korean e-commerce market will surpass the $160 billion mark.

From 2023 to 2027, the e-commerce market in South Korea is anticipated to grow at a compound annual growth rate (CAGR) of 7.7 percent, reaching $160,4 billion.

According to GlobalData, the South Korean e-commerce market grew at a CAGR of 17.4% from 2018 to 2022, reaching $108.2 billion ...

Germany suspends aid and cooperation to Niger after rebellion

After last week's military rebellion, Germany became the latest Western power to suspend financial aid and cooperation with Niger.

A spokesperson for the German foreign ministry stated at a news conference that all direct support payments to the central government of Niger have been...

Adidas receives $565 million in unfulfilled Yeezy shoe orders.

According to a report in the Financial Times, a German sportswear firm has received orders for 4 million pairs of shoes after an antisemitic row.

According to the Financial Times, Adidas got orders for more than 508 million euros ($565 million), which is better than the company's &q...

In a recessionary Germany, Berlin prepares for a conflict over budget cuts

The largest economy in Europe is experiencing financial difficulties for the first time in nearly a decade, and it is up to three contending parties to resolve them.

Official data released on Thursday revealed that Germany has officially entered a recession, with economic output falling...

The German financial supervisory authority has issued a 'nervous moment' warning for banks and forecasted tension in the real estate market.

On Tuesday, Germany's financial regulator issued a warning that the country's banking system is experiencing a real-life stress test amidst the present turbulence and predicted considerable weakening for the commercial property sector. Since March, when Silicon Valley Bank failed and nume...

Disney has filed a lawsuit against Florida Governor Ron DeSantis, claiming that he is intentionally trying to harm the company's bottom line for political reasons.

Walt Disney Co. filed suit against Florida Governor Ron DeSantis on Wednesday, claiming that DeSantis has engaged in a "relentless campaign to weaponize government power" against the firm in the ongoing dispute over a contentious classroom bill. According to the federal lawsuit, DeSanti...

The United States and South Korea will 'coordinate' their semiconductor investments.

John Kirby, the National Security Council's coordinator for strategic communications, stated on Tuesday that South Korea and the United States will "coordinate" their chip investments in response to a Financial Times report stating that Washington requested Seoul not to fill any mar...

Bullish calls on RIL are up, according to the Analyst Call Tracker, as the risk-reward ratio improves.

After the recent drop in price, analysts are more positive about the company since they believe valuations are more reasonable. They claim that most of the company's short-term risks have been included into the stock price.

Elios Financial Services' Sham Chandak claims that Reli...

Like a ticking doomsday bomb? One 'Big Short' investor predicts a global financial crisis due to the property market.

Investors in the "Big Short" believe another financial catastrophe is brewing in the real estate market, more than a decade after the U.S. mortgage meltdown nearly destroyed the global financial system. CEO of DeltaTerra Capital, an investment research company that seeks to help clients...

Like a ticking doomsday bomb? One 'Big Short' investor predicts a global financial crisis due to the property market.

Investors in the "Big Short" believe another financial catastrophe is brewing in the real estate market, more than a decade after the U.S. mortgage meltdown nearly destroyed the global financial system. CEO of Delta Terra Capital, an investment research company that seeks to help client...

Swiss authorities monitor banks and insurers following the SVB bankruptcy.

Following the failures of Silicon Valley Bank and Signature Bank, the Swiss financial regulator FINMA announced on Monday that it would identify any potential contagion risks for the nation's banks and insurers.

Investors were unconvinced by the U.S. government's efforts to reas...

Important lessons from loosening regulations for foreign investment

To attract international investment, banking regulators in South Korea have unveiled a new set of rules, one of which is the elimination of the country's decades-old investor registration system. As of the end of June 2022, foreign investors own around 30.7% of the local stock market, as repo...

As traditional marketing agencies see a decline in demand, big names are moving into the NFT space to maintain competitiveness.

By 2022, South Korea's NFT market is predicted to be worth $938.6 million, a 47.3% annual increase from 2017. Consistent expansion of the NFT market is anticipated over the projected period, with a CAGR of 33.8% from 2022-2028. The value of national expenditures on next-generation financial t...

High precision time protocols, originally designed for Europe's Big Science, guarantee honest financial transactions

It was European scientists who, more than a decade ago, developed extremely precise network time distribution procedures for CERN. Numerous sectors, including banking, have recently begun using them. John Fischer, Oralia’s v. p. of advanced research, holds his hands approximately 30 centime...

What the Financial Markets Are Predicting for 2023

Even if this recession is well expected, it will nonetheless have a significant impact. According to Barclays Capital Inc., the year 2023 will be one of the worst for the global economy in the past four decades. The probability of a severe worldwide recession is calculated at 65% by Ned Davis Res...

10 factors to consider before the market Tuesday's D-Street activity

Although there were few clues because most financial markets were closed for the New Year vacation, equity indexes started the year off strongly. On Monday, the Sensex increased by 327 points, and the Nifty closed close to the 18,200-point level thanks to encouraging macroeconomic data and a stro...

SBF in Custody Until February 8 as Financial Market Participants Request Sebi Revise Data Storage Rules

In a discussion paper published at the beginning of November, India's markets regulator Sebi outlined a plan to require regulated businesses, including foreign portfolio investors (FPIs), to move their data storage and processing operations to India. An organization that speaks for large fina...

Financial equities are expected to rise as investors anticipate higher dividends.

Following this year's strong profits growth, financial equities in the region are expected to rise on rising expectations of substantial dividends. According to market observers, the financial watchdog agency's decision to decrease its participation in the shareholder return plans of bank...

Formal probe into conflicts of interest involving Macron's senior advisor

The senior financial crimes prosecutor in France announced on Monday that Alexis Kohler, the chief of staff for French President Emmanuel Macron, has been formally investigated for a conflict of interest with his alleged connections to an Italian-Swiss shipping company.

As secretary-gen...

Japan aims to arrange a creditors' meeting on Sri Lanka's financial problem

According to the report it states People with the knowledge of planning said that Japan is planning to set up a Conference meeting with the Japan Creditors in the hope that they will be able to resolve the problem of country’s debt issue.

According to the sources it stated that To...