Yoon, US congressional delegation discuss strengthening bilateral alliance

President Yoon Suk Yeol met with a delegation from the United States House of Representatives on Friday to discuss ways to strengthen the bilateral alliance and trilateral cooperation involving Japan, his office said. During the meeting with the six-member delegation led by U.S. Congressman John Moolenaar in Seoul, Yoon emphasized that support for the South …

Empowering democracy: The expanding influence of representative institutions in Uzbekistan

As Uzbekistan stands on the brink of its 2024 elections, the nation is at a crucial juncture that will shape its future on both domestic and international fronts. These elections, scheduled for October, are not just another democratic exercise; they are a pivotal continuation of the irreversible reforms that began in late 2016. These reforms …

KEPCO’s reissuance of bonds feared to impact debt market

Korea Electric Power Corp. (KEPCO) is issuing bonds again following a nine-month hiatus, prompting speculation that it may hinder the efforts of private companies to raise money in the debt market. The country’s sole electricity supplier, KEPCO has a triple A rating in the bond market despite its snowballing losses, because the government guarantees recurring …

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surge

Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed. The company reported a net income of to $16.6 billion. Adjusted for one-time items, net income was …