Consumer sentiment fell in October due mainly to a stock market correction and prolonged Middle East tensions, the central bank said Tuesday. The composite consumer sentiment index (CCSI) stood at 105.4 this month, down 1.2 points from September, according to a survey by the Bank of Korea (BOK). A reading above 100 indicates that optimists outnumber pessimists, while a figure below 100 suggests the opposite. "Pessimistic outlooks increased as the stock market correction and extended military tensions in the Middle East weighed heavily on consumer sentiment," the BOK said. The subindex for people's assessment of current economic conditions came in at 82 in October, down 1 point from a month earlier. The index for people's outlook for future economic conditions also fell 2 points to 88 over the same period. The benchmark Korea Composite Stock Price Index (KOSPI) dropped 15.7 percent in the first three weeks of October on renewed concerns about the future of large-scale artificial intelligence (AI) infrastructure investment. The BOK survey was conducted among 2,500 households from Oct. 13-20.
Consumer sentiment fell in October due mainly to a stock market correction and prolonged Middle East tensions, the central bank said Tuesday. The composite consumer sentiment index (CCSI) stood at 105.4 this month, down 1.2 points from September, according to a survey by the Bank of Korea (BOK). A reading above 100 indicates that optimists outnumber pessimists, while a figure below 100 suggests the opposite. "Pessimistic outlooks increased as the stock market correction and extended military tensions in the Middle East weighed heavily on consumer sentiment," the BOK said. The subindex for people's assessment of current economic conditions came in at 82 in October, down 1 point from a month earlier. The index for people's outlook for future economic conditions also fell 2 points to 88 over the same period. The benchmark Korea Composite Stock Price Index (KOSPI) dropped 15.7 percent in the first three weeks of October on renewed concerns about the future of large-scale artificial intelligence (AI) infrastructure investment. The BOK survey was conducted among 2,500 households from Oct. 13-20.
Empresa norte-americana de IA vai entrar em bolsa, mas investidores não terão poder de decisão: quem comprar ações tem de aceitar qualquer rumo que a Anthropic seguir. A Anthropic prepara-se para entrar em bolsa nas próximas semanas, mas os novos acionistas terão pouca (ou nenhuma) influência sobre as decisões da empresa. O controlo da gigante da inteligência artificial continuará concentrado num pequeno grupo de fundadores e num fundo fiduciário, segundo o documento S-1 divulgado pela empresa e apresentado à Comissão de Valores Mobiliários dos Estados Unidos (SEC) antes de lançada uma Oferta Pública Inicial (IPO). Sete fundadores, incluindo o diretor-executivo
The Trump administration is attempting to prosecute James Comey for what it calls a decade-old leak of classified information, an effort the former FBI director's lawyers immediately dismissed…
Canadian Prime Minister Mark Carney said Monday that trade talks with U.S. President Donald Trump’s administration have picked up slightly, but any progress is because Washington is moving…
Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence.
Eric Bauza, the award-winning voice actor whose performances of Bugs Bunny, Daffy Duck and many more characters made him the modern voice of Looney Tunes, has died. He was 46.
WASHINGTON — An apparent supporter of Los Angeles Football Club (LAFC) has been spotted shouting an allegedly racist remark at South Korean football star Son Heung-min following a Major League Soccer (MLS) match, a U.S. media outlet reported Monday. The New York Post published a report on a video circulating on social media, in which a football fan wearing LAFC clothing repeatedly shouted "ni hao," a Chinese word meaning hello, toward Son after the match against the Los Angeles Galaxy held on Sunday. The video drew accusations of racism on social media, with the outlet describing it as an incident of "insensitive and racist microaggression." It was not immediately clear whether LAFC or MLS had responded to the incident. Some fans have called for the person in question to have his season ticket holder status revoked if holding season tickets. The former Totteham Hotspur star disclosed in the past of facing racism while playing overseas. In 2024, the Korea Football Association asked FIFA to strengthen punishments for racist behavior in the sport.
WASHINGTON — An apparent supporter of Los Angeles Football Club (LAFC) has been spotted shouting an allegedly racist remark at South Korean football star Son Heung-min following a Major League Soccer (MLS) match, a U.S. media outlet reported Monday. The New York Post published a report on a video circulating on social media, in which a football fan wearing LAFC clothing repeatedly shouted "ni hao," a Chinese word meaning hello, toward Son after the match against the Los Angeles Galaxy held on Sunday. The video drew accusations of racism on social media, with the outlet describing it as an incident of "insensitive and racist microaggression." It was not immediately clear whether LAFC or MLS had responded to the incident. Some fans have called for the person in question to have his season ticket holder status revoked if holding season tickets. The former Totteham Hotspur star disclosed in the past of facing racism while playing overseas. In 2024, the Korea Football Association asked FIFA to strengthen punishments for racist behavior in the sport.
A popular Japanese manga artist who has written books on history and monarchy has sued the government over a revised imperial succession law allowing royals to adopt male…
Actor Walter Koenig, who played Ensign Pavel Chekov, the youthful Russian navigator on the “ Star Trek ” television series and several movies, has died. He was 90.…
A Japanese Embassy official in Russia conducted a consular visit Monday with a Japanese journalist detained in the country nearly two weeks ago, according to the Japanese Foreign…
A 39-year-old woman admitted to killing her newborn son during the opening session of her trial at the Yamagata District Court on Monday.
According to the indictment, Mina…
Japan will draft an emergency cybersecurity policy package in response to a sudden recent wave of hacking incidents, Prime Minister Sanae Takaichi said on Monday.
At an emergency…
Some pro-democracy activists from Hong Kong have faced needless uncertainties from Japanese immigration officials while trying to enter the country after completing their prison sentences, according to sources…
Anthropic's Claude AI model bypassed a paywall and accessed publicly available voter data in the U.S. state of Georgia without human authorization, Axios reported on Sunday.
The case…
Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence.
The company's voluntary exit offer…
Anthropic, one of the world's leading artificial intelligence companies, on Monday made public its plans to sell shares on the stock market, revealing soaring sales but also potentially…
Victory in Texas didn't just put Kimi Antonelli on the verge of winning the Formula 1 title. It gave an important signal he could repeat the feat next…
Philippines star Alexandra Eala said "the ball doesn't know what rank you are" after beating world number 411 Mika Stojsavljevic 6-1, 6-2 in her opener in Tokyo on…