Zepto IPO setback highlights fault lines in India's quick commerce sector
Zepto's losses soared 25% year on year to 59 billion rupees ($620 million) in the fiscal year ending March. (Photo by Yuki Kohara)
· Staff Writer
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Newest first · UTC+11:00Diesel, gasoline prices to ease further next week
MANILA, Philippines — Diesel and gasoline prices are projected to go down once more next week, due mostly to recent diplomatic breakthroughs on the conflict in the Middle East, local oil industry sources said on Friday.
· Ed Paolo Salting
Coles to move several hundred jobs to India
Coles is planning to outsource hundreds of back-office jobs, with many moving to India, after extending a deal with consulting giant Accenture to cut costs in their headquarters.
· Jessica Yun
Massive Attack’s South Korea gig video stirs row over 1980 Gwangju massacre
The British band is facing backlash over a video caption that said the US supported the bloodbath
· The Korea Times
Massive Attack’s South Korea gig video stirs row over 1980 Gwangju massacre
The British band is facing backlash over a video caption that said the US supported the bloodbath
· The Korea Times
China’s bamboo growth model vs. India’s eucalyptus growth model
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· Bhim Bhurtel
China is dominating the EV market. Now it wants to do the same with robots
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· Lisa Visentin
China vs Japan: the battle for the global microphone to reshape post-war identity
In quest to win trust of Asian neighbours, Beijing is intensifying its rhetoric against Tokyo’s changing defence posture
· Carol Yang
China vs Japan: the battle for the global microphone to reshape post-war identity
In quest to win trust of Asian neighbours, Beijing is intensifying its rhetoric against Tokyo’s changing defence posture
· Carol Yang
[OPINION] Beyond Bataan: Building the Philippines’ energy future
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· Glenda Gloria
How Ombudsman is pushing Sandiganbayan to revoke Revilla’s bail
BONG. Senator Ramon 'Bong' Revilla Jr., together with dismissed DPWH Bulacan 1st District Engineer Henry Alcantara and Assistant District Engineer Brice Ericson Hernandez, inspect ongoing flood control projects in Paombong and Hagonoy, Bulacan on August 10, 2023.
· Jairo Bolledo
4 US tech giants amass $1.46tn in physical assets, rivaling oil majors
Amazon's PP&E assets doubled from three years earlier to $538.7 billion, the largest company in the world by that measure. © Reuters
· MASAHARU BAN
Classes suspended in Metro Manila, other parts of Luzon
MANILA, Philippines — Several local government units in Luzon suspended classes on Friday due to the southwest monsoon and the effects of "Maymay," which the Philippine Atmospheric Geophysical Astronomical Services Administration (Pagasa) downgraded into a lowpressure area (LPA) earlier in the day
· Red Mendoza
Typhoon Dim-sum: how Hong Kong put a tasty snack on the storm map
A new name has been added to the list of future tropical cyclones for the Asia-Pacific region, including one with a culinary twist
· Natasha May
'Maymay' downgraded into LPA as it exits PH but heavy monsoon rains to persist in most of Luzon — Pagasa
MANILA, Philippines — "Maymay" has been downgraded into a low pressure area (LPA) as it exits the Philippine Area of Responsibility, according to state weather bureau Pagasa (Philippine Atmospheric, Geophysical, and Astronomical Services Administration).
· Red Mendoza
Naver Q2 net income up 41.6% as AI boosts core biz
Naver Corp., South Korea's largest online portal operator, said Friday its second-quarter net profit rose from a year earlier, as artificial intelligence helped boost its key businesses.
· Yonhap
China y EEUU chocan en Argentina mientras Milei busca el equilibrio con ambas potencias
El presidente argentino Javier Milei pronuncia un discurso en la ceremonia de inauguración de la exposición anual de la Sociedad Rural en Buenos Aires, Argentina, el domingo 26 de julio de 2026. (Foto AP/Natacha Pisarenko)
· Clara Preve
Korean War participating countries call for stronger solidarity in Washington forum
Officials from South Korea, the United States and other countries that participated in the 1950-53 Korean War called for greater solidarity among them during a forum in Washington on Thursday, as the world faces a raft of security challenges, including North Korea's advancing military threats.
· Yonhap
Football federation provided sexual entertainment for foreign referees: govt. audit
The national football federation apparently provided sexual entertainment to foreign referees before and after international matches held in South Korea between 2011 and 2012, a past government audit report has shown.
· Yonhap
A 'weaponized' yen: How the U.S.-Japan intervention may reshape global currency markets
The unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior.
· Lee Ying Shan
Gold’s price potential still ‘explosive’ amid Beijing hoarding, Hong Kong trading push
Rising demand from central banks to drive a rebound despite temporary downside pressure from energy and interest rates, Goldman Sachs says
· Julie Zhang
Gold’s price potential still ‘explosive’ amid Beijing hoarding
Rising demand from central banks to drive a rebound despite temporary downside pressure from energy and interest rates, Goldman Sachs says
· Julie Zhang
Shaoxing wine goes upmarket: Dongqu’s luxury touch elevates the Chinese pantry staple
Forget cooking wine. One ambitious producer is betting that one of China’s oldest ferments deserves a place among the world’s great fine wines
· Gavin Yeung
Will Dongqu redefine Shaoxing wine’s place in haute cuisine?
Forget cooking wine. One ambitious producer is betting that one of China’s oldest ferments deserves a place among the world’s great fine wines
· Gavin Yeung
Festivals, sights across Korea
The Busan Sea Festival, now in its 30th edition, runs through Aug. 13 at Dadaepo Beach in Busan. One of the city's signature summer events, it is set against the beach's wide sea views and sunsets, with most programs free and a few paid.
· Hong Yoo
Australian unions to escalate strikes at BHP iron ore export hub
Australian miner BHP's management said it has been "frustrated" with union negotiations concerning wages and working conditions. © Reuters
· Staff Writer
Football federation provided sexual entertainment for foreign referees: gov't audit
SEOUL, Aug. 7 (Yonhap) -- The national football federation apparently provided sexual entertainment to foreign referees before and after international matches held in South Korea between 2011 and 2012, a past government audit report has shown.
· Yoo Jee-ho
From birth to brokerage: Why South Korea is seeing a surge in infant investment accounts
South Korean parents are ramping up efforts to give their children a head start in building long-term wealth by opening investment accounts even before they learn to crawl out of their cribs.
· Justina Lee, Lisa Kim
Maymay weakens into LPA; Dolphin enhances southwest monsoon
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· Acor Arceo
N. Korea's state media silent on Thursday's missile launch
SEOUL, Aug. 7 (Yonhap) -- North Korea on Friday did not report on its launch of a short-range ballistic missile from the previous day, a departure from its usual practice of announcing such launches the following morning.
· Woo Jae-yeon
US sets 15% polysilicon tariff, price floors to challenge China’s dominance
Measures targeting a key material for solar panels and semiconductors add to trade tensions ahead of Xi Jinping’s expected US visit
· Nayan Seth
US sets 15% polysilicon tariff, price floors to challenge China’s dominance
Measures targeting a key material for solar panels and semiconductors add to trade tensions ahead of Xi Jinping’s expected US visit
· Nayan Seth
China and US clash in Argentina over Huawei as President Milei balances ties
BUENOS AIRES, Argentina (AP) — China and the United States are clashing diplomatically in Argentina as President Javier Milei seeks to preserve his close alliance with Washington while pursuing deeper economic ties with Beijing.
· Clara Preve
LTO revokes, suspends, fines motorcycle, car dealers over violations
MANILA, Philippines — As part of its intensified campaign against violations in the initial registration process of new vehicles, the Land Transportation Office (LTO) revealed on Friday that it has fined, suspended and revoked erring accredited motorcycle and car dealers found non-compliant with the prescribed initi…
· Arlie O. Calalo
US imposes 15% tariff on polysilicon in pushback against China
The solar industry is the main consumer of polysilicon, while semiconductor chips accounted for 2.4% of annual consumption in 2025, according to the Semiconductor Industry Association. © Reuters
· PAK YIU
Chinese luxury brands rise from challengers to market shapers as global houses lose lustre
A growing number of local brands are winning over premium consumers who prize craftsmanship, innovation and a high‑value sense of luxury
· Mandy Zuo
Chinese luxury brands rise from challengers to market shapers as global houses lose lustre
A growing number of local brands are winning over premium consumers who prize craftsmanship, innovation and a high‑value sense of luxury
· Mandy Zuo
(EDITORIAL from The Korea Herald on Aug. 7)
Leveraged ETF falloutKorea must restore policy credibility after financial populism fuels market turmoil
· Kang Jae-eun
(EDITORIAL from The Korea Times on Aug. 7)
Beyond emergency heat wave measuresTime to map out national strategy for age of extreme heat
· Kang Jae-eun
(EDITORIAL from Korea JoongAng Daily on Aug. 7)
Government insists economy is sound despite stock market plunge
· Kang Jae-eun
MMDA vows faster response through Hotline 136, urges public to use service
MANILA, Philippines — The Metropolitan Manila Development Authority (MMDA) has urged the public to make greater use of its Hotline 136, saying the agency has adopted response time targets to provide faster assistance to motorists and commuters across Metro Manila.
· Arlie O. Calalo
Korean War participating countries call for stronger solidarity in Washington forum
WASHINGTON, Aug. 6 (Yonhap) -- Officials from South Korea, the United States and other countries that participated in the 1950-53 Korean War called for greater solidarity among them during a forum in Washington on Thursday, as the world faces a raft of security challenges, including North Korea's advancing military …
· Song Sang-ho
China missile test top of agenda as Pacific diplomats meet in Fiji
SUVA, Fiji — China's recent testing of a nuclear-capable missile and wider influence in the Pacific is expected to dominate the agenda as the region's top diplomats meet for an annual confab in Fiji's capital on Friday.
· Agence France-Presse
US presses China over alleged scam bosses despite growing police cooperation
Washington says Trump raised the issue with Xi as the FBI expands cooperation with Chinese police on cyberfraud
· Han Li
US presses China over alleged scam bosses despite growing police cooperation
Washington says Trump raised the issue with Xi as the FBI expands cooperation with Chinese police on cyberfraud
· Han Li
Nepal in tight spot as US seeks special treatment for Starlink
Nepal lags its neighbors in internet use, in part because of the challenge of connecting remote Himalayan communities. SpaceX has offered its Starlink satellite internet service to solve this, but the company is unwilling to accept a legal requirement that it share ownership of its Nepali operations with a local par…
· DEEPAK ADHIKARI
Japan Marks Hiroshima Anniversary Without Naming US, While Shaming Russia
Russia is not happy with Japan's statements regarding the anniversary of the US military's dropping of the atomic bomb on Hiroshima at the end of WWII. Thursday marks the 81st anniversary of the bombing which obliterated the densely-populated industrial city.
· Tyler Durden
[Robert J. Fouser] Urban cooling for a hotter Korea
August has always been South Korea’s hottest month, but this year is heading for the record books. Much of the country is under “severe heat warnings” defined as a real feel temperature over 38 degrees Celsius or a temperature over 39 C. Yangsan, South Gyeongsang Province, near Busan, recently reported a record high…
· Korea Herald
Speaking Japanese at the movies with ‘Chiikawa’
As the world’s third-largest movie market by box-office revenue, Japan is enjoying a summer packed with 大ヒット (dai hitto, blockbusters) from 「スパイダーマン：ブランド・ニュー・デイ」 (Supaidāman: Burando Nyū Dei, “Spider-Man: Brand New Day”), which opened on July 31, and Christopher Nolan’s 「オデュッセイア」 (Odyusseia, “The Odyssey”) coming Se…
· Yuko Tamura