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Futures Rise As Oil Plunge Helps Yields Ease From Nosebleed Highs; All Eyes On Yentervention

Futures are higher with both tech and small caps outperforming as Trump points to a deal/advanded discussions with Iran (which Iran is naturally denying), which is helping push energy prices and bond yields lower as the USD depreciates. As of 8:00am ET, S&P futures are up 0.5% while Nasdaq futures rise 0.4% led by M…

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WATCH: Malacañang slams Pulong Duterte

Malacañang on Monday questioned the loyalty of Davao City 1st District Rep. Paolo “Pulong” Duterte to the country after he slammed Defense Secretary Gilberto Teodoro's statement on local officials. Duterte accused Teodoro of "demonizing China" after the defense chief said government officials who side with Beijing o…

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Gist of 2026 tax code revisions

SEOUL, Aug. 3 (Yonhap) -- The following are the key features of the tax code revisions unveiled by the finance ministry on Monday, which aim to lay the groundwork for a major economic leap forward under the vision the government calls the "Irreplaceable Republic of Korea." The Republic of Korea is the official name …

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Army suspends 1st Corps commander after US drone mishandling

Staff reporter at The Korea Herald’s National Desk, based in Seoul. Covers South Korea’s national security and foreign policy, with a focus on the Defense, Foreign and Unification Ministries, as well as the National Assembly.Before entering journalism, served as an Air Force officer. Experience includes providing tr…

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