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China urges Iran, US to resume talks and reopen Strait of Hormuz

China encourages Iran and the US to remain rational, exercise ​restraint, return to the Islamabad memorandum and "engage in substantive consultations", ‌Chinese Foreign Minister Wang Yi told his Iranian counterpart in Beijing on Wednesday. "We urge all parties to take effective measures to reopen the Strait of Hormu…

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Futures Rise, Oil And Yields Dip Ahead Of First Fed Hike In Three Years

Futures are higher into Fed Day where consensus is for a 25bp hike, the first since July 2023, with unknown levels of communication, and the question is what the dot plot shows (see preview here). S&P 500 futures are up by 0.3%, finding relief after days of selling as traders wait Kevin Warsh to deliver an expected …

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Coupang rejects 100,000 won compensation plan for users affected by data breach

Kan Hyeong-woo is a staff reporter at The Korea Herald, South Korea’s leading English-language daily. Based in Seoul, he covers technology, business and industry, with reporting spanning the gaming, construction, mobility, consumer and emerging technology sectors.Through his reporting, Kan examines the business impl…

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Hyundai Motor unveils sketches of new India-targeted SUV Bayon

Kan Hyeong-woo is a staff reporter at The Korea Herald, South Korea’s leading English-language daily. Based in Seoul, he covers technology, business and industry, with reporting spanning the gaming, construction, mobility, consumer and emerging technology sectors.Through his reporting, Kan examines the business impl…

Original report

SK hynix denies US production rumors linked to Intel

Kan Hyeong-woo is a staff reporter at The Korea Herald, South Korea’s leading English-language daily. Based in Seoul, he covers technology, business and industry, with reporting spanning the gaming, construction, mobility, consumer and emerging technology sectors.Through his reporting, Kan examines the business impl…

Original report

Korea inks $14m export contract with Central Asia

Kan Hyeong-woo is a staff reporter at The Korea Herald, South Korea’s leading English-language daily. Based in Seoul, he covers technology, business and industry, with reporting spanning the gaming, construction, mobility, consumer and emerging technology sectors.Through his reporting, Kan examines the business impl…

Original report

Zuck Torches Dario's AI Nanny State, Wants 'Trust Us Bro' Instead

After Anthropic's Dario Amodei set off a firestorm on Saturday calling for a 'pause' in AI development until hand-picked arbiters are installed inside the frontier labs (a gift to Beijing), Mark Zuckerberg sided with the testosterone wing of the tech-bro complex with a builder's response: police yourselves. You don'…

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BSK poll delay raises barangay accountability concerns

MANILA, Philippines — As Congress prepares to discuss in a bicameral conference committee a proposal to postpone the Barangay and Sangguniang Kabataan (BSK) elections by extending officials’ terms to five years, concerns are again being raised over the accountability of leaders in the Philippines’ smallest political…

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