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Europe's increasingly extreme summers are becoming an economic problem, with more frequent heatwaves driving up costs, disrupting businesses and weighing on growth.
US economist writes that ‘Hong Kong of old is over’ but deputy finance chief, without naming specific critics, defends city’s international appeal
US economist writes that ‘Hong Kong of old is over’ but deputy finance chief, without naming specific critics, defends city’s international appeal
SONA. President Ferdinand Marcos Jr. delivers his fifth State of the Nation Address at the House of Representatives on July 27, 2026.
Latest rollout is 7th market in Middle East for any Korean botulinum toxin producer
The 23rd Korea World Dance Stars Festival will feature Korean dancers active on international stages this weekend at Naru Arts Center in Seoul, bringing together artists from major European ballet companies and Japan's renowned butoh troupe Dairakudakan.
Samsung Electronics' semiconductor arm reported a more than 250-fold jump in profit, reflecting the headway it’s making against rival SK Hynix in the AI memory boom.
Statistics show that there is a divide in Asia between economies reaping the full benefit of tech export growth and those that cannot fully offset the negative impact of high energy prices. (Source photos by Yuki Nakao and Reuters)
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday that it signed a business agreement with Fraser Industries LLC on modernizing US shipyards to revive the US shipbuilding industry.
Britain’s Prime Minister Andy Burnham arrives to hold a National Economic Council meeting at No 10 North at Heron House in Manchester, England. Friday July 24, 2026. (Christopher Furlong/Pool Photo via AP)
David Nwamini was working at a market in Lagos when he was given the chance to start anew in the UK. He had no idea what was expected of him in return
A majority of surveyed asset management firms plan to raise their AI budgets next year, affecting data management and workforce dynamics
A majority of surveyed asset management firms plan to raise their AI budgets next year, affecting data management and workforce dynamics
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The South Korean financial industry is moving to cushion the market impact of single-stock leveraged exchange-traded products through new rebalancing rules, while regulators prepare tighter curbs after a sharp sell-off deepened concerns that the instruments were amplifying swings in the country's largest chip stocks.
Havana details scale of industry collapse for the first time while facing economic crisis and an oil blockade
Havana details scale of industry collapse for the first time while facing economic crisis and an oil blockade
WASHINGTON, D.C. — The Federal Reserve left its key interest rate unchanged Wednesday, although three officials dissented in favor of higher rates as the central bank wrestles with how to deal with persistently high inflation.
Buying on the dip supported shares in Japan and South Korea on July 30 after the main Tokyo and Seoul indexes fell sharply over the past few days. © Reuters
Thu 30 Jul 2026 at 1:31pm
McLaren Minerals has kept the heavy mineral (HM) hits rolling at its namesake titanium project in Western Australia’s Eucla Basin, with a fresh 68-hole assay batch confirming broad and consistent mineralisation from surface across its growing titanium play.
The Federal Communications Commission is planning to unveil a series of new trade restrictions on Tuesday afternoon that will ban imports of Chinese humanoid and quadruped robots, as well as connected power inverters. This announcement comes ahead of the expected boom in physical AI.
Elon Musk-led SpaceX is instructing partners across its vast global supply chain not to assign or employ Chinese nationals at facilities producing products for the company. (Nikkei montage/Source photos by Getty Images and Reuters)
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Japanese space startup Ispace said Wednesday it will use Japan’s H3 rocket for the launch of a lunar lander scheduled for 2028, marking the company’s first mission using a domestically developed rocket.
Micro-investing platform Raiz Invest has unveiled another strong quarter of growth, swelling its funds under management by 27.5 per cent year-on-year (YoY) to $2.32 billion, while lifting active customers to over 351,000.
SEOUL, July 30 (Yonhap) -- Cargo processed at South Korean seaports fell 4.8 percent from a year earlier in the second quarter on continued uncertainties in the global trade environment stemming from the ongoing Middle East tensions, the oceans ministry said Thursday.
Yuhan said Thursday it has launched its blood sugar management probiotic DangQLac, sold locally as Glucobiotic, in Mexico as part of its push into the Latin American dietary supplement market.
President Lee Jae Myung said Wednesday that Chile was the first country in the world to forge a free trade agreement with South Korea, stressing what he called the enduring friendship between the two countries.
ANAHEIM, Calif. (AP) — The Los Angeles Angels traded reliever Chase Silseth and struggling catcher Logan O’Hoppe to the Texas Rangers for minor league third baseman Angel Arredondo on Wednesday night.
Granma, the official newspaper of the Communist Party of Cuba's Central Committee, reported Wednesday that Havana is easing restrictions on private businesses and self-employed workers as it attempts to stabilize an economy battered by decades of failed socialist policies and renewed pressure from the Trump administ…
SEOUL, July 30 (Yonhap) -- Transactions of repurchase agreements (RPs) among financial institutions grew about 10 percent in the second quarter from a year earlier, data showed Thursday.
SEOUL, July 30 (Yonhap) -- Hyundai Motor Group said on Thursday it plans to expand its sport utility vehicle (SUV) and eco-friendly vehicle lineup in Brazil as it seeks to strengthen its position in the Latin American market.
July 30, 2026 — 12:02pm
SANTIAGO, July 29 (Yonhap) -- President Lee Jae Myung said Wednesday that Chile was the first country in the world to forge a free trade agreement (FTA) with South Korea, stressing what he called the enduring friendship between the two countries.
Iraq has appealed for closer transport and logistics co-operation with the UAE and other Gulf states, arguing that deeper economic integration can help build “lasting and sustainable peace” in a region grappling with the fallout of the Iran war.
Red Metal has fired the starter’s gun on a pre-feasibility study for its Sybella rare earths project in north-west Queensland, a move designed to put some hard economic numbers around what it describes as a globally significant, large-tonnage discovery.
The path of key interest rates in the United States appears to remain uncertain due to persistent inflation and geopolitical tensions in the Middle East, the finance ministry said Thursday.
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Zhongji Innolight's Chairman and President Liu Sheng, center, attends a listing ceremony with other executives in Hong Kong on July 30. (Photo by Gloria Li)
Shares of Zhongji Innolight fell 1.28% on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange.
The Chinese firm has completed Hong Kong’s biggest IPO of the year, but its debut comes amid waning investor confidence in AI-related stocks
The Chinese firm has completed Hong Kong’s biggest IPO of the year, but its debut comes amid waning investor confidence in AI-related stocks
WASHINGTON (Reuters) -- A divided Federal Reserve left interest rates unchanged Wednesday even as US central bank chief Kevin Warsh pledged an unwavering commitment to bring inflation down, a message that left markets confused about just what he was prepared to do.
AS financial markets continue to evolve, the need for practical financial education has never been greater. In response to this growing demand, the Investors' Society of De La Salle University proudly presents “Ignite 2026: Unveiling Markets with Strategy and Precision,” its flagship financial literacy event that br…
Investment authority chairman Tengku Zafrul Aziz says Putrajaya has to strike a balance between an open economy and helping local firms
Investment authority chairman Tengku Zafrul Aziz says Putrajaya has to strike a balance between an open economy and helping local firms
SEOUL, July 30 (Yonhap) -- Credit card spending rose by more than 7 percent in the second quarter from a year earlier due to the wealth effect stemming from a bull run on the local stock market and sound corporate earnings, data showed Thursday.