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Silver Hits $40 as Americans Face Fed Rate Decisions and Political Uncertainty

Silver Hits $40 as Americans Face Fed Rate Decisions and Political Uncertainty

(Photo=Gemini Generated) Silver prices broke above $40 per ounce for the first time since 2011 as American investors navigate Federal Reserve policy decisions and political developments in Washington that directly impact retirement accounts and investment portfolios. Silver futures closed at $40.7 per ounce on September 1, up 2.7%. Gold gained 1.2%, trading near its April high of $3500 per ounce. 

Sep 2 2025
10:00 AM PDT
Semiconductor Surge Propels Samsung’s Jay Y. Lee to Biggest Wealth Gain in Korea

Semiconductor Surge Propels Samsung’s Jay Y. Lee to Biggest Wealth Gain in Korea

(Photo=Samsung) Samsung Chairman Jay Y. Lee has emerged as the biggest winner among South Korea’s corporate elite in the first half of the year, as a rebound in the semiconductor market and soaring share prices across the Samsung empire fueled a sharp increase in his wealth.  According to data compiled by Seoul-based research firm Leaders Index, the combined wealth of

Sep 2 2025
09:00 AM PDT
Korean Ice Cream Brands Push Into China as Global Sales Soar

Korean Ice Cream Brands Push Into China as Global Sales Soar

(Photo=Gemini Generated) South Korea’s ice cream makers are having a breakout year, and now they’re setting their sights on China’s $2.5 billion frozen dessert market. Exports of Korean ice cream surged 23% in the first half of 2025 to $65.5 million, the first time shipments topped $60 million in a six-month period, according to Korea Customs Service data. At this

Sep 1 2025
11:00 AM PDT
South Korea Hits AliExpress With $1.5 Million Fine Over Fake Discounts

South Korea Hits AliExpress With $1.5 Million Fine Over Fake Discounts

(Photo=AliExpress) South Korea has slapped AliExpress, Alibaba’s global shopping platform, with a $1.51 million fine after regulators uncovered a widespread scheme of fake discounts that misled thousands of Korean shoppers. According to the Korea Fair Trade Commission (KFTC), AliExpress subsidiaries OceanSky and MICTW manipulated prices on nearly 7,500 products between May 2023 and October 2024. The playbook was simple: invent

Sep 1 2025
09:00 AM PDT
Hanwha Expands U.S.-Korea Shipbuilding Alliance With New Geoje Office

Hanwha Expands U.S.-Korea Shipbuilding Alliance With New Geoje Office

Photo=Hanwha Ocean South Korea’s Hanwha Group has opened a new on-site office at Hanwha Ocean’s Geoje shipyard, strengthening cooperation on LNG carrier construction with its U.S. operations as Washington pushes to revive domestic shipbuilding. The new office, established by Hanwha Shipping, the group’s U.S.-based maritime subsidiary, will directly support LNG carrier projects being built at Philly Shipyard, which Hanwha acquired

Aug 30 2025
11:00 AM PDT