Seo In-young Talks About Making Money with Luxury Bags: The Rise of ‘Backtech’
Money Today Reporter Chae Tae-byeong | 2024.04.08 17:43 /Photo = ‘Svalbard Storage’ YouTube channel Singer Seo In-young (40) talked about ‘backtech’, which means making money with luxury bags. On the 6th, the YouTube channel ‘Svalbard Storage’ shared a video entitled ‘How to manage a 10 year old luxury bag and resell it at the current […]
I believed that a ‘celebrity-turned’ luxury children’s clothing businessman… Just a deposit?
The CEO of a luxury children’s clothing company with stores in several department stores was sued for fraud. They say they took money from store managers as a deposit for luxury goods and are not returning it. The CEO of the company is a former celebrity, and the damage amount is over 500 million won. […]
Former President Trump Introduces $399 Gold Sneakers at Sneaker Con Event
Former US President Donald Trump revealed his own $399 metallic gold sneakers (about 60,000 yen) at the Sneaker Con event in Philadelphia on the 17th. The day before, New York state’s attorney general filed a civil suit against Trump and others seeking to return ill-gotten gains on the grounds that they committed financial fraud, including […]
US Housing Starts Decline in January, Signaling Gradual Recovery
Housing starts in the United States fell in January from the previous month. Many potential buyers are waiting for mortgage rates to fall further, suggesting a gradual recovery in the housing market. Key Point There was a decrease of 14.8% in the number of houses started since the previous month to 1,331,000 units. The market […]
Risks of Non-Bank Mortgage Lenders: US Treasury Secretary Yellen’s Warning and Monitoring
US Treasury Secretary Janet Yellen said regulators are monitoring the risks of non-bank mortgage lenders, warning that some of them could fail if market distortions occur. “Unlike banks, nonbank mortgage companies do not have access to deposits, so the Financial Stability Oversight Council (FSOC) is paying close attention,” Yellen said at a Senate Banking Committee […]
Luxury Living: A Look Into the Life of a 2-Year-Old in Dubai
The daily life of a 2-year-old living in Dubai, United Arab Emirates. /Tik Tok (@malaikahraja) The daily life of a two-year-old child living in Dubai, United Arab Emirates, spending over 35 million won per month was revealed. Recently, according to the British media ‘The Sun’, a video of Malaika, a mother of a child with […]
Jeong Dong-won Reveals Battle with Illness and Lavish Spending in Middle School
Reporter Kim Ji-eun | 2024.01.17 21:58 / Photo = Screenshot of ‘LERKK Lee Gyeong-gyu’ Singer Jeong Dong-gained attention by revealing that he suffered from a famous disease in middle school and bought luxury goods to make money. On the 17th, on the YouTube channel ‘Lekeuk Lee Kyung-gyu’, ‘Jeong Dong-won, the story that made Lee Kyung-gyu […]
Tokyo Foreign Exchange Market: Yen Exchange Rate Remains Flat at 142 Yen to the Dollar
On the 27th, the yen exchange rate in the Tokyo foreign exchange market was in the low range of 142 yen to the dollar, remaining flat since the night of the previous day. There are very few market participants at the end of the year, and there is no clear sense of direction. Tokyo time, […]
9 Important Trends in the Future Tourism Market Revealed by Elite Havens, Luxury Villa Manager
‘Elite Havens’, luxury villa manager for 25 years under the management of the Dusit Thani Group. As the leader in the luxury villa market in Asia Reveal the most detailed information about 9 important trends in the future tourism market that are about to change. and revealed that travelers like to use technology as an […]
New Home Sales in US Fall Contrary to Market Expectations
The number of new home sales in the United States fell in November contrary to market expectations. The decline was particularly great in the south. This suggests that the road to recovery in the housing market will not be smooth. Key Point Sales of new single-family homes (seasonally adjusted, annualized) fell 12.2% from the previous […]