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Friday, May, 1, 2026

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  • Fed keeps rates steady amid deep divide; Powell to stay on board

    The Federal Reserve kept its benchmark interest rate unchanged at 3.50–3.75% on April 29, but revealed a sharply divided policy stance, with dissent reaching its highest level since 1992.The decision by the Federal Open Market Committee (FOMC) came in an 8–4 vote, underscoring growing disagreement over the future direction of monetary policy as inflation ris..

  • U.S.-China AI race diverges: Silicon Valley chases AGI, Beijing bets on practical tools

  • The U.S. and China are pursuing starkly different strategies in the global race for artificial intelligence (AI), the Wall Street Journal reported on Augus..
  • S&P 500 valuation surpasses dot-com bubble, tech concentration deepens

  • The S&P 500 index, the benchmark for large-cap U.S. equities, has grown more expensive than during the 1999–2000 dot-com bubble, the Wall Street Journa..
  • Kim Jong-un expected to take train to China for Victory Day

  • North Korean leader Kim Jong-un is expected to depart Pyongyang by special train on September 1 for Beijing, where he will attend China’s Victory Day milit..
  • U.S. Supreme Court to weigh Trump’s reciprocal tariffs

  • The fate of President Donald Trump’s sweeping “reciprocal tariffs” is now headed to the U.S. Supreme Court, after a federal appeals court ruled that the pr..
  • Sen. Andy Kim backs Lee’s rejection of ‘security with U.S., economy with China’ policy

  • Korean American Sen. Andy Kim (D-N.J.) voiced support Thursday for President Lee Jae-myung’s stance that South Korea can no longer pursue the so-called anm..
  • China warns against third-party influence after Lee’s ‘security with US, economy with China’ remark`

  • China has responded to President Lee Jae-myung’s recent comments that Seoul can no longer pursue the traditional “security with the US, economy with China”..
  • US weighs shipbuilding stake after semiconductor move

  • U.S. Treasury Secretary Scott Besant has raised the possibility that the Trump administration could acquire stakes in American shipbuilding companies, foll..
  • Trump’s bid to oust Fed governor sparks legal, economic alarm

  • U.S. President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook, accused of mortgage fraud, has ignited controversy over whether the pre..
  • WSJ highlights Korea’s role in U.S. naval shipbuilding revival

  • The Wall Street Journal (WSJ) reported on August 24 that South Korea is emerging as a central partner in the U.S. “Make American Shipbuilding Great Again”..
  • North Korea builds secret ICBM base near China border

  • North Korea has built a secret military base near the Chinese border to store intercontinental ballistic missiles (ICBMs) capable of striking the U.S. main..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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Jang Won-young shines as BVLGARI’s holiday muse

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