Surge in US Employment Strengthens Case for Another Fed Rate Hike

Surge in US Employment Strengthens Case for Another Fed Rate Hike

The Federal Open Market Committee (FOMC) is likely to be inclined to raise interest rates again by the end of the year, as the number of non-farm employees in the US employment report was significantly higher than expected. The number of employees in September increased by 336,000 from the previous month, and the figures for … Read more

Bearish Sentiment in US Stocks: Prepare for a 20% Drop by JPMorgan Chief Market Strategist

Bearish Sentiment in US Stocks: Prepare for a 20% Drop by JPMorgan Chief Market Strategist

Bearish sentiment in U.S. stocks has become even more intense. On Thursday, JPMorgan chief market strategist Marko Kolanovic warned that investors need to prepare for a 20% drop in the S&P 500 index. Kolanovic pointed out that high interest rates are creating a downward breakthrough point for U.S. stocks, and if the Federal Reserve continues … Read more

Big Bang’s Daesung to Join ‘Active Singer’ as Special National Producer

Big Bang’s Daesung to Join ‘Active Singer’ as Special National Producer

It was announced on the 6th that Big Bang’s Daesung will suddenly join ‘Active Singer’ as a special national producer and serve as a judge for the first Trot contest. MBN’s ‘Active Singer King’, scheduled to be broadcast in the second half of 2023, is a survival music entertainment show that selects the top 7 … Read more

DFL Announces Bundesliga Schedule for Matchdays 9-13: Borussia Dortmund’s Top Game on Saturday Evening

DFL Announces Bundesliga Schedule for Matchdays 9-13: Borussia Dortmund’s Top Game on Saturday Evening

Eat. The DFL has published the schedule for Bundesliga matchdays 9 to 13. The top game for Borussia Dortmund is on Saturday evening. The fans had to be patient for a long time, now the time has finally come: The German Football League (DFL) published the schedule for Bundesliga matchdays 9 to 13 on Thursday. … Read more

The National Day Auto Market: Massive Discounts and New Car Launches Drive Sales Boom

The National Day Auto Market: Massive Discounts and New Car Launches Drive Sales Boom

“The Tang DM-p old model series can be discounted up to 83,000 yuan, and the entire Seal 700 series is discounted by 75,000 yuan!” On October 3, Hu Wei (pseudonym), the sales manager of a BYD store in Nanshan District, Shenzhen, told a China Securities Journal reporter that Shenzhen currently provides local subsidies ranging from … Read more

LG Energy Solution Signs Largest Battery Supply Contract with Toyota, Investing $3 Billion in Michigan Plant

LG Energy Solution Signs Largest Battery Supply Contract with Toyota, Investing  Billion in Michigan Plant

Long-term supply contract of 20GWh per year… The largest single contractInvested KRW 4 trillion in Michigan plant to build a dedicated line LG Energy Solution supplies electric vehicle batteries to Toyota of Japan. LG Energy Solution announced on the 5th that it signed a large-scale long-term supply contract with Toyota Motor Company of Japan for … Read more

Hong Kong Property Market Sees a Decrease in Sales Contracts in September 2023

Hong Kong Property Market Sees a Decrease in Sales Contracts in September 2023

The Land Registry of the Hong Kong SAR Government announced on the 4th that 3,893 building sales contracts of various types were submitted to the Land Registry for registration in September 2023, which dropped below 4,000 for the first time this year, a decrease of 16.5% from the previous month. Among the above-mentioned sales contracts, … Read more

The Impending Revolution: General-Purpose Artificial Intelligence (AI) Set to Transform Society within 10 Years

The Impending Revolution: General-Purpose Artificial Intelligence (AI) Set to Transform Society within 10 Years

At an event held on the 4th, SoftBank Group President Masayoshi Son expressed his belief that general-purpose artificial intelligence (AI) will be realized within 10 years and will drastically change the way society works. “Japan, wake up!”, warning of low awareness. President Son giving a lecture Photographer: Toru Hanai/Bloomberg At the beginning of his lecture, … Read more