Many people prefer fast fashion to keep up with the rapidly changing trends in modern society. Fast fashion refers to a clothing industry that quickly reflects the latest trends and mass-produces them at low prices. Fast fashion is gaining massive popularity among consumers because it allows them to

On June 27, 2024, Webtoon Entertainment, the parent company of Naver Webtoon, was listed on the NASDAQ, the heart of the U.S. stock market. The following day, during an online conference, Kim Jun-gu, CEO of Webtoon Entertainment(Naver Webtoon), stated, “NASDAQ is an important milestone for Webtoon E

The Yeungnam Observer introduced ‘China e-commerce’ in Issue No.371. It highlighted how Koreans are consuming China’s products through e-commerce these days. On the other hand, Chinese consumers show unique actions known as ‘Guo Chao’ or ‘China chic.’ Guo Chao combines the words ‘guo,’ meaning China

The rise of Chinese e-commerce as the epicenter of rapidly changing digital economies is reshaping the global landscape of commerce and consumption. Platforms like Temu and AliExpress are gaining staggering momentum. According to surveys, approximately 58% cited affordability and value as reasons fo

On March 21, 2024, the U.S. Department of Justice and the attorneys general of 16 states filed a lawsuit against Apple, one of the big tech companies, for violating antitrust laws. Merrick Garland, the U.S. attorney general, commented, ‘Companies that violate antitrust laws should not be permitted t

Have you ever encountered sponsored ads portraying African children suffering from declining health due to a lack of water and food? Many charitable organizations use extreme portrayals to encourage sponsorship. Similar to pornography in that it elicits emotions through provocative editing, such spo

Recently, a lot of money has been spent on climate technology in the Middle East. Climate technology reduces greenhouse gases and contributes to adaptation to climate change. The Pure Harvest startup in the United Arab Emirates (UAE) distributes fruits and vegetables in smart farm greenhouses. This

Japanese stock market, which has been rising since the beginning of the year, is soaring daily. As Japanese stock market rallies, people are paying attention to whether it will surpass the all-time high recorded during the bubble economy 34 years ago. On February 13, the Nikkei 255, the index repres

As technology advances, convenient generative artificial intelligence (AI) is being developed to produce results based on user needs. Generative AI is gradually advancing in various fields, such as synthesizing voices, creating pictures, and writing novels. However, there are cases where Generative

In 2023, the giant panda Fu Bao became a major sensation in Korea. The number of visits to ‘Bao House’ in Everland had doubled compared to the previous year due to Fu Bao’s imminent return to China. Pop-up stores appeared and photo essays were published in response to its popularity. These activitie

Hamas, which rules the Gaza Strip, fired hundreds of rockets at southern Israel on the morning of the Jewish Sabbath on October 7. Israeli Prime Minister Benjamin Netanyahu announced, “We will be victorious in this war, paying an unbearable price.” The announcement of this statement effectively made

India has surpassed China to become the world’s most populous country, and unlike China, its population continues to increase. In addition, with its enormous workforce and domestic market, it is becoming a country that surpasses China. In other words, India is gradually emerging. As an illustration,

The right to vote is the right of individuals to directly or indirectly engage in state affairs, and participation in elections is crucial to ensure this right. Around the world, various countries are introducing different systems to protect suffrage. In Japan, a ‘mobile vehicle polling station’ has

In 2017, Crown Prince Mohammad bin Salman Al Saud of Saudi Arabia unveiled the groundbreaking Neom City project during a future investment summit. This grand vision aims to build a vast, eco-friendly smart city in the desert area near the Red Sea in the northwestern part of Saudi Arabia. The city pl

China’s job shortage problem is getting worse day by day. According to China’s National Bureau of Statistics (NBS), the unemployment rate reached an all-time high of 21.3% in July. As employment has become an increasingly challenging issue, the younger generation is being driven to short-term contra

‘Genesis Market’ is an illegal personal information exchange that sells credentials, cookies, digital browser fingerprints, and hacking tools stolen from unsecured systems using automation bots and is the world’s largest illegal personal information exchange active since 2017. Over 1.5 million compu

The Fukushima nuclear power plant disaster is a powerful reminder of how nature’s strength can lead to huge problems. This catastrophe was triggered by a massive earthquake and a subsequent tsunami that struck Japan on March 11, 2011. This disaster affected the Fukushima Daiichi Nuclear Power Plant

Gene editing is a technology that allows for the deletion or addition of specific parts of DNA. Editing using gene scissors makes it possible to approach the treatment of genetic diseases, which account for many human diseases. Moreover, this technology can increase agricultural production and treat

South Korea’s trade is facing a crisis. Last year, South Korea’s trade deficit hit $47.8 billion, more than double the 1996 deficit. Last year was the second time that South Korea had an annual trade deficit since the 2008 financial crisis. According to the Korea International Trade Association (KIT

Silicon Valley Bank (SVB), located in California, United States (U.S), went bankrupt on March 10. SVB was the largest commercial bank in Silicon Valley with an asset size of 16th in the U.S. The bank operated for startups in Silicon Valley. It held a large amount of U.S government bonds. Along with