Hyundai Motor Securities Co. has decided to exit its bond brokerage business, suspending all related trading authority and ceasing operations for about 40 staff, following steep bond yield increases and mounting losses in its bond division.
#YonhapInfomax #HyundaiMotorSecurities #BondBrokerage #BondYields #OrganizationalRestructuring #FinancialLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96140
Hyundai Motor Securities to Exit Bond Brokerage Business—Trading Authority Suspended

Hyundai Motor Securities Co. has decided to exit its bond brokerage business, suspending all related trading authority and ceasing operations for about 40 staff, following steep bond yield increases and mounting losses in its bond division.

Yonhap Infomax
A new #study using #PropensityBench, a benchmark for measuring #AIagents’ propensity to use #harmfultools, found that #realisticpressures like #deadlines and #financiallosses significantly increase #misbehaviour rates. The study tested a dozen models from various companies across nearly 6,000 scenarios, revealing that even under zero pressure, the average failure rate was 19%. https://spectrum.ieee.org/ai-agents-safety?eicker.news #tech #media #news
AI Agents Care Less About Safety When Under Pressure

Can AI agents resist pressure or do they crack? Discover how PropensityBench tests their likelihood to misbehave when put under pressure.

IEEE Spectrum
Korea Gas Corporation (KOGAS) saw net profit plunge 44% as overseas affiliate losses offset interest savings, while 5 trillion won in annual bond maturities threaten its financial stability.
#YonhapInfomax #KOGAS #NetProfit #OverseasAffiliates #BondMaturities #FinancialLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90479
KOGAS Faces Overseas Equity Losses—5 Trillion Won in Debt Repayments Loom as Cash Reserves Remain Thin

Korea Gas Corporation (KOGAS) saw net profit plunge 44% as overseas affiliate losses offset interest savings, while 5 trillion won in annual bond maturities threaten its financial stability.

Yonhap Infomax
Ars Live recap: Is the AI bubble about to pop? Ed Zitron weighs in.

Despite connection hiccups, we covered OpenAI’s finances, nuclear power, and Sam Altman.

Ars Technica
South Korea halted construction at 289 sites due to serious accidents since June, causing estimated losses of 522.1 billion won ($385 million) for builders and impacting over 190,000 workers.
#YonhapInfomax #ConstructionSites #IndustrialAccidents #FinancialLosses #GDP #UmTaeYoung #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85171
Construction Halted at 289 Sites Due to Serious Accidents—Builders Face 522.1 Billion Won in Losses

South Korea halted construction at 289 sites due to serious accidents since June, causing estimated losses of 522.1 billion won ($385 million) for builders and impacting over 190,000 workers.

Yonhap Infomax

Afghanistan's internet shutdown is causing significant financial losses for the Taliban and traders, raising suspicions about the group's motives beyond stated moral concerns.💸🤔 #Afghanistan #Taliban #InternetShutdown #Economy #FinancialLosses #CustomsRevenue

https://kokcha.news/9273/?utm_source=mastodon&utm_medium=jetpack_social

Economic Toll: Afghanistan’s Connectivity Blackout Costs Taliban MillionsComprehensive Coverage of Global and Regional IssuesEconomic Toll: Afghanistan’s Connectivity Blackout Costs Taliban Millions

Afghanistan’s internet shutdown is causing significant financial losses for the Taliban and traders, raising suspicions about the group’s motives beyond stated moral concerns.💸🤔 #Afghan…

Kokcha News

Researchers quantified the potential #financiallosses #climatechange could cause for #European #forestry. Findings show significant regional differences: Northern Europe may benefit, while Central and Southern Europe will need to adapt quickly: http://go.tum.de/206836

📷R.Seidl

The economic cost of climate change for Europe’s Forests

A team from the Technical University of Munich has calculated for the first time what climate change could cost the forest industry.

KT Corp. faces mounting uncertainty as small payment fraud cases spread, with 79 incidents and over 50 million won ($37,600) in losses reported; the cause remains unclear, raising concerns across South Korea's telecom sector and pressuring KT shares.
#YonhapInfomax #KTCorp #SmallPaymentFraud #FinancialLosses #TelecomSector #InvestorSentiment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81012
KT Small Payment Fraud Remains Unresolved—Uncertainty Mounts

KT Corp. faces mounting uncertainty as small payment fraud cases spread, with 79 incidents and over 50 million won ($37,600) in losses reported; the cause remains unclear, raising concerns across South Korea's telecom sector and pressuring KT shares.

Yonhap Infomax
Discover the fallout from the recent retail cyberattacks on major retailers like Marks & Spencer and Co-op. #DataBreach #Cybersecurity #FinancialLosses https://redoracle.com/News/Retail-Cyberattack-Fallout.html
Retail Cyberattack Fallout

Image Introduction The aftermath of the cyberattacks on major retailers like Marks & Spencer (M&S) and Co-op has brought significant attention to the vulnerabilities in online s...

RedOracle