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Saudi Arabia's Crown Prince Bin Salman's Visit to Korea and the Neom City Project

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Let's take a look at Saudi Arabia's Crown Prince Bin Salman's Visit to Korea and the Neom City Project. Saudi Arabia's Crown Prince Bin Salman Arrived in Korea. Bin Salman, Crown Prince of Saudi Arabia, Kingdom of Oil. He is Saudi Arabia's prime minister and the world's richest man. It is impossible to estimate his exact property. Bin Salman arrived in South Korea on 17 November 2022. His accommodation for his stay is Lotte Hotel located in Sogong-dong, Jung-gu, Seoul. Saudi Arabia is planning the Neom City project. Neom City, which is being built as a mega construction project in Saudi Arabia is a cutting-edge future smart city with an astronomical budget. This reflects bin Salman's intention to reduce dependence on oil. The project that is receiving the most attention is the Eco-Friendly Linear City, The Line Project. And there are the Oxagon project in the sea and the Trojena project planned for the purpose of tourism income in the mo...

The silver spoon's people, the wooden spoon's people and the self-made people

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Let's take a look at the silver spoon's people, the wooden spoon's people and the self-made people. The drama 'Gold Spoon', based on a webtoon, has come to the end. The life of a silver spoon was re-examined through the drama. A silver spoon means a person born into an economically wealthy environment. The silver spoon's people have the front starting line of economic life. The opposite life of the main character who lives silver spoon's life in the drama is the life of the wooden spoon's life. The Wooden spoon refers to a person born into a family environment that lacks economic leeway. The wooden spoon's people are behind the starting line of economic life. In the drama 'Gold Spoon', where fate changes, the main character changes from a wooden spoon's life, the son of an unknown webtoon artist, to a silver spoon's life, the heir to a conglomerate group. The setting of Life Reversal, in which fate changes from wooden spoon's man ...

Samsung Electronics dividend and Annual installment payment of inheritance tax

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Let's take a look at Samsung Electronics dividend and annual installment payment of inheritance tax. Samsung Electronics, the largest company in South Korea's market capitalization. The post of chairman has been vacant since Lee Kun-hee. On October 27, 2022, at the Samsung Electronics Board of Directors, Vice Chairman Lee Jae-yong's promotion to the chairman was decided. This is the official declaration of Lee Jae-Yong's regime. The decision to promote the chairman of Samsung Electronics. It was a business environment that required rapid decision-making and bold technology investment along with strengthening responsible management. The board of directors seems to have decided that decision-making by the owner is necessary because the business environment makes it difficult for professional managers to make decisions. Samsung Electronics pays quarterly dividends. The board of directors decided to pay dividends in the third quarter of 2022. A dividend of KRW ...

US Consumer Price Index below market expectations

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  US Consumer Price Index came in below market expectations. In October 2022, US consumer price index rose 7.7% year-on-year and 0.4% month-on-month. The rate of increase fell short of market expectations. And expectations arose that inflation had passed its peak. Major U.S. stock market indices rose all at once. Based on the United States, on November 10, 2022, let's look at the main index and the daily rise rate. Nasdaq rose 7.35% and Dowjones rose 3.7%. The S&P 500 Index rose 5.54% and the Philadelphia Semiconductor Index rose 10.21%. It marked the biggest daily gain since January 2022, when the bear market began. The cause of the daily rise in the US stock market was largely driven by investor expectations. As a result of the lower-than-expected consumer price index in October, expectations for a slowdown in inflation and expectations for a slowdown in interest rates have risen. The Fed, which has been pushing for a 0.75%p giant step in raising inte...

Knowing the futures Market is a Priority

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  The futures market needs to know first. The British philosopher Francis Bacon once said: "Knowledge is power." 'Knowing' means 'Knowledge'. Francis Bacon's comment emphasized the importance of 'Knowing.' In other words, 'knowledge.' There are 'Things to know' and 'Things to do' in the futures market. First, let's look at 'Things to know' in the futures market. Basically, in the futures market, you need to know the following: Understanding Futures (It is necessary to understand the futures market and futures products.) Money management (Wealth management and futures margin weighting should be known in advance.) Margin (You need to know about customer margin and maintenance margin.) Stop Loss (It is essential to know the Stop Loss to prevent loss aggravation.) The market trend (You need to realize how important it is to adapt the market trend and not go against the market trend.) There are basically the following...

Opening a Stock Account

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The beginning of stock investment is opening an account. Investing in stocks starts with opening an account. The first thing you need to do to win the lottery ticket is to buy a lottery ticket. If you do not buy a lottery ticket, winning the lottery is the cake of the picture. You cannot win the lottery without buying a lottery ticket. The first thing you need to do to make a profit on your stock investment is to open a stock account. You must open a stock account to trade stocks. The first step in investing in stocks is opening a stock account. Opinions about the first step in investing in stocks vary from point of view to point of view. From a theoretical point of view, the beginning of stock investing is 'understanding stocks'. It is the view that it is important to start studying stocks first. On the other hand, from a behavioral point of view, the beginning of stock investment is 'opening a stock account'. Stocks are the view that it is important to actually bump i...

The Central Bank and the Base Rate (The big step and baby step)

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  The Central Bank and the Base Rate Let's look at the central bank and the base rate, and also look at the big step and baby step about the base rate. There are central banks and commercial banks. Let's briefly review the concepts of central and commercial banks. A central bank is a bank that issues money, simply put, a bank that prints money. A typical example is the Bank of Korea in Korea. Commercial banks are banks that conduct deposits and loans. In Korea, for example, there are several commercial banks such as Woori Bank, Shinhan Bank, Kookmin Bank, and Hana Bank. The central bank's representative policies are monetary policy and interest rate policy. First, looking at monetary policy, the central bank provides money through the issuance of money. The central bank regulates the money supply by issuing money. Looking at the interest rate policy, the Monetary Policy Committee determines the base rate based on Korea. The Monetary Policy Committee is...