Young South Korean Reluctant to get Married and have Babies

In what is being defined as being a part of a demographic shift that risks hobbling South Korea’s economy, the nation’s young residents are likely to have fewer weddings and babies this year than ever before. Ever since the nation’s statistics office started compiling monthly data in 2000, the first five months of 2016 recorded…

Value of this $4 U.S. Coin Now is $60,000

The Philadelphia Mint was successfully persuaded that the U.S. needed a four-dollar coin by the then America’s minister plenipotentiary to Austria, John Adam Kasson in 1879. The argument that America needed a coin that would work as a form of international currency was most probably the reason for this even as the exact logic of the…

Stumbling Stocks Result in $51 Billion Loss for World’s Biggest Pension Fund

With losses exacerbated by unfavorable currency moves and a foray into equity markets, the world’s biggest pension fund posted the worst annual performance since the global financial crisis. The retirement manager said on Friday in Tokyo that 5.3 trillion yen ($51 billion) or 3.8 percent was lost by Japan’s $1.3 trillion Government Pension Investment Fund…