The Economy Markets

Amazon Developing AR Glasses for Shoppers and Delivery Drivers Patent Filings and Startup Investments Show Ongoing Tech Push Skepticism Remains: “Can They Deliver on Time This Time?” Amazon has reportedly begun developing augmented reality (AR)

Korea’s Once-Reliable Export Engine, Petrochemicals Global Oversupply Driving the Downturn Vertical Integration Under Scrutiny Once a pillar of Korea’s exports, the petrochemical industry is in steep decline.

Signals Refusal to Make Premature ConcessionsSwiss-Style Defiance Brings Short-Term Shock

U.S. Glenpan, Leading AKLNG, Signs LNG Supply Deal with Japan’s JERA Just Months Ago, Asian Participation Remained Uncertain Taiwan and Japan Prioritize Practical Gains over Project Risks Glenfarne, the U.S.

High tariffs imposed on non-FTA countries Alignment with Trump administration’s hardline stance on China Move seen as blocking China’s windfall from U.S.-Mexico frictions Claudia Sheinbaum, President of Mexico

Leading inflation gauge PPI down 0.1% in August Sharp reversal after last month’s surge Expectations rise for Fed rate cut next week U.S. Producer Price Index (PPI) Trends (MoM, seasonally adjusted, unit: %)/Source: U.S.

Bitcoin’s value stems from settlement utility, not cash flows Institutional demand and fees support this role It is better seen as a monetary asset than a Ponzi In its first year on the market, U.S

Same cash backbone, different rules: MMFs pay yield; stablecoins move money fast Receive tuition via regulated stablecoins, then auto-sweep into MMFs/tokenized T-bills This two-rail setup cuts cross-border costs, speeds settlement, and protects budgets

Ali and Other Cross-Border Platforms Rapidly Absorbing Market Share Leveraging Success in Korea as a Springboard for Global Expansion BYD Leading the Way as Changan and Others Explore Market Entry Chinese companies are accelerating their foray in

U.S.-Driven Trade and Foreign Policy at the CoreChina Escalates Its Anti-American Rhetoric

48% of U.S. Companies in China Call for Tariff Removal U.S.

Subsidy Cuts Undermine RenewablesRising Power Demand Drives Gas Consumption

LG Energy Solution Halts Construction After Worker Arrests U.S. Politicians Split: “Racial Discrimination” vs. “Crackdown on Illegal Immigration” Georgia, Once Benefiting From Korean Firms, Now Hurts Its Own Future? Construction at all four of LG Energy Solution’s U.S.

Nicole: “Drinks must be prepared within four minutes” Baristas: “Impossible during peak hours” High prices and patriotic consumption drive headwinds in China Photo = Starbucks Starbucks, the

Talks Underway for $1 Billion AI Chip Production DealMusk: “Chips Produced by Samsung Will Be the Best Ever”

Trump Urges EU to Join Trade Sanctions Against India, China EU Earlier Pledged to Conclude FTA Talks With India This Year Harsh Measures Could Risk Strengthening a China-Russia-India Bloc

Korean Government Finalizes Plan to Restructure Financial Regulators Into “Four-Agency System” Regulators, Financial Firms, Employees, and Opposition Party All Push Back Temporary Turmoil on the Way to a Better Supervisory Framework?

Policy proposals backed with fundingAnxieties over yuan and euro sovereignty

910,000 Jobs Wiped Out in Revision Largest Downward Adjustment in 23 Years Fed Poised for Rate Cut at This Month’s FOMC U.S.

Israel: “Precision strike on Hamas senior leadership” Trump: “Does not advance U.S.