Market News

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2024 Gold Surge: A 13.8% Leap Amid Global Tensions and Supply Fears

In 2024, gold prices surged by 13.8%, driven by investor concerns over low domestic supply, geopolitical tensions, and the fear of missing out. Despite a mid-year dip due to govern...

Market

KOFIA Unveils Bold Strategy for Financial Innovation and Global Market Domination by 2025

Seo Yoo-sek, president of KOFIA, outlines a strategic plan for 2025 focusing on financial infrastructure innovation, digital asset market expansion, global market presence, and inv...

Market

Asian Markets Dip: Hang Seng Leads with Over 2% Drop Amid China's Slow Factory Growth

Major Asia-Pacific stock indexes mostly fell as China's factory activity grew slower than expected in December. Hong Kong's Hang Seng dropped over 2%, while Australia's S&P/ASX 200...

Market

Surprising Drop in US Oil Inventories: A Closer Look at the Numbers

The United States saw a smaller-than-expected decrease in crude oil inventories by 1.44 million barrels for the week ending December 27. Cushing reserves and gasoline inventories r...

Market

S&P 500 Hits Record High in 2024 Despite Year-End Stock Dip

In 2024, the US stock market experienced significant growth, with the S&P 500 achieving a 23.8% gain, despite a slight downturn on the final trading day. Advances in artificial int...

Market

2024's Final Trading Session Sees WTI Surge by 1% Amid Market Uncertainties

On the final trading day of 2024, oil futures prices increased, with WTI rising by 1.10% and Brent by 0.97%. The market faces uncertainties including oversupply, geopolitical confl...

Market

Wall Street Kicks Off Final Trading Day of 2024 with Optimistic Gains

On the final trading day of 2024, Wall Street opened with gains as investors looked ahead to 2025, focusing on the Federal Reserve's policy and President-elect Donald Trump's secon...

Market

Gold's Glorious 2024: Will the Precious Metal Shine Even Brighter in 2025?

In 2024, gold hit a record high of $2,790.12 per ounce, driven by geopolitical tensions, U.S. elections, and central bank policies. Despite challenges, analysts predict gold could ...