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Customs agency to ease rules on U.S. crude routed through third countries

SEJONG, May 26 (Yonhap) -- South Korea's customs agency said Tuesday it has simplified regulations to allow U.S. crude routed through third countries to remain eligible for benefits under the bilateral free trade agreement (FTA), in line with efforts to stabilize the supply amid tensions in the Middle East.

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India's trade minister says visit by Canada's Carney reset ties after 2023 killing of Sikh activist

OTTAWA, Ontario — Canadian Prime Minister Mark Carney's recent visit to India has helped pave the way for a complete reset of Canada-India relations, India's trade minister said Monday. The ties were strained under Carney's predecessor in the wake of the 2023 killing of a Sikh activist in Canada.

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China Begins Flooding The Market With DRAM And NAND Memory Chips

Last September, when the memory bubble was just getting started, we said that inevitably "the cure for high commodity prices is, well, high commodity prices." While many financial market maxims have quietly ceased working in recent years thanks to rigged markets due to central bank interventions and market manipulat…

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Brazilian government commits $617.5m to Amazon ecological investment

The Brazilian government said Monday it has committed 3.1 billion reais ($617.5 million) to foster ecological investment in the Amazon region, as part of a plan to expand a federal program known as Eco Invest that was announced during last year’s COP30 — the annual United Nations climate summit it hosted last year.

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(News Focus) BOK expected to hold key rate steady, signal hawkish stance amid inflation concerns

SEOUL, May 26 (Yonhap) -- The Bank of Korea (BOK) is expected to keep the benchmark interest rate unchanged at its monetary policy meeting later this week for an eighth consecutive meeting, though its policy stance is likely to turn more hawkish amid rising inflation and stronger-than-expected economic growth, analy…

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India's trade minister says visit by Canada's Carney reset ties after 2023 killing of Sikh activist

Canadian Prime Minister Mark Carney's recent visit to India has helped pave the way for a complete reset of Canada-India relations, India's trade minister said Monday. The ties were strained under Carney's predecessor in the wake of the 2023 killing of a Sikh activist in Canada.

Original report

First Andreessen, Now Goldman CEO Shuts Down AI Job-Apocalypse Doomerism Narrative

Amid the flood of AI doomerism, from Pope Leo XIV's Monday warning that AI and the digital transformation of the economy could unleash "new forms of slavery" and mass job losses, to Bernie Sanders and unhinged socialists calling for a halt to data centers buildouts, a move that would conveniently cede compute power …

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From discount to premium 저평가에서 고평가로

A market that leaps on reform rhetoric only to falter a day later is not yet a premium market. At Wednesday’s meeting on capital market stability and normalization, President Lee Jae Myung tried to shift the narrative from the familiar “Korea discount” to the promise of a “Korea premium,” a phrase that has long capt…

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