China's BAIC Motor flags loss as Mercedes-Benz joint venture skids
Employees work at a factory of Beijing Benz Automotive Co. (BBAC), a joint venture between BAIC Motor and Mercedes-Benz, in the Chinese capital in 2022. © Reuters
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Employees work at a factory of Beijing Benz Automotive Co. (BBAC), a joint venture between BAIC Motor and Mercedes-Benz, in the Chinese capital in 2022. © Reuters
Despite the success of BTS powering South Korea's largest K-pop agency Hybe to a stellar set of second quarter results, the agency saw as much as 2.845 trillion won ($1.96 billion) wiped from its market cap in less than 24 hours.
Biologists say cargo ships stranded in Gulf may carry highly potent invasive species around the world as trade resumes
Fifa stunned world football on Tuesday night when it announced bombshell plans to seek private investment in the World Cup and its other tournaments.
Topic:Government and Politics
July 29, 2026 — 2:56pm
Aldar Properties, Abu Dhabi's biggest listed developer, reported a 10 per cent annual jump in its second-quarter profit as revenue rose 5 per cent during the period despite Iran-war-driven uncertainty.
Saudi Prince Alwaleed bin Talal Al Saud has acquired a $129.5 million stake in Lucid Group, providing a fresh vote of confidence in the electric vehicle manufacturer weeks after it moved to quell speculation over its financial future.
Gateway Mining has put its foot on the accelerator at its Yandal Gold project in Western Australia, commissioning a second reverse circulation (RC) drill rig to get to grips with its burgeoning Cowza gold discovery.
Rio Tinto's exposure to the global tech trends of electrification and data center construction helped deliver a major earnings jump for the miner. © Reuters
Tanzania wants to transform its relationship with South Korea into a strategic partnership driven by artificial intelligence, critical minerals, manufacturing and investment, Tanzanian Ambassador Noel Emmanuel Kaganda said in an interview with The Korea Herald.
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Robin Wigglesworth and Gillian Tett
NEW YORK — US President Donald Trump's administration on Tuesday added humanoid and quadruped robots to a list of products and companies that are banned from being imported into the United States on national security grounds.
Federal Reserve Chairman Kevin Warsh testifies before the Senate Banking, Housing and Urban Affairs Committee to deliver the semiannual monetary policy report to congress, on Capitol Hill, Wednesday, July 15, 2026, in Washington. (AP Photo/Jose Luis Magana)df
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Australia’s largest oil and gas producer, Woodside Energy, has emerged as one of the nation’s biggest corporate beneficiaries of the Iran war, reporting nearly a 30 per cent revenue jump to $6 billion over the past three months.
Durham High participated in the 2025 Galaxy Global Education Schools Conference in Shanghai last November that was attended by education agents, school leaders and parents. (From the LinkedIn page of GGE)
A screen shows the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, July 28, 2026. (AP Photo/Ahn Young-joon)
SEOUL, July 29 (Yonhap) -- South Korea's bourse operator on Wednesday activated a circuit breaker for the benchmark Korea Composite Stock Price Index (KOSPI) on an extended sell-off in tech shares.
LIMA, Peru (Reuters) -- Keiko Fujimori was sworn in as Peru's president Tuesday, becoming the latest in a string of conservative leaders elected across Latin America by voters frustrated by crime, weak economic growth and political instability.
Baltic Container Terminal (BCT) has handled the inaugural call of the MSC Venice, the largest vessel to call at the Port of Gdynia in Poland.
SUBIC BAY, Philippines — The Maritime Industry Authority (MARINA) welcomed the launch of the first locally built vessel constructed by HD Hyundai Heavy Industries Philippines Inc. (HHIP) at its shipyard here, calling it a landmark milestone for the domestic shipbuilding sector
There's a difference between understanding markets and understanding yourself in markets.
It’s time to rethink how we describe the months-long confrontation that has cost lives across the Middle East and upended the global economy. Far from being a “regional war” or another “Middle East conflict”, what began as a crisis sparked by the US and Israel’s attack on Iran and Tehran's attacks on the Gulf and St…
Patriot Resources has bolted on another slice of highly prospective ground in the heart Zambia’s world class copper belt, acquiring a 90 per cent interest in a strategic licence. The tenement sits just 17 kilometres along strike from First Quantum Minerals’ soon-to-be producing Fishtie project which is expected to r…
ABS data shows inflation still too high but tracking lower than anticipated
SEOUL, July 29 (Yonhap) -- Prosecutors said Wednesday they have indicted eight people, including six business daily journalists, for allegedly manipulating stock prices and pocketing over 9 billion won (US$6.19 million) in illicit gains.
Traffic in the Sicilian capital of Palermo is notoriously chaotic. Lights there, at least in the popular imagination, are regarded as offering mere guidelines to motorists.
Pauline Hanson’s One Nation is at risk of losing its legal status in its home state of Queensland after the state’s regulator revealed the party had failed to lodge audited financial statements over a three-year period.
A financial manager who works at a livestock auction house has been identified as the club cricketer at the centre of a cheating scandal in a northern England cricket league.
South Korean chipmaker SK Hynix has benefited from the ongoing boom in demand for semiconductors spurred by artificial intelligence. (Photo by Ahn Seong-bok)
SEOUL, July 29 (Yonhap) -- The chief financial regulator said Wednesday that his agency may draw up more measures to cool the single-stock leveraged exchange-traded funds (ETFs), which have been cited as one of the factors rocking the local stock market.
July 29, 2026 — 12:07pm
South Korea's central bank said Wednesday it is necessary to maintain a monetary tightening mode as inflation pressure remains high and the country's economy is likely to continuously grow.
SEOUL, July 29 (Yonhap) -- South Korea's bourse operator on Wednesday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) after the index fell sharply, led by tech losses.
Aileen Taylor is set to move to the city as the bank focuses on tapping Asian growth markets and rebuilding its local investment banking team
Aileen Taylor is set to move to the city as the bank focuses on tapping Asian growth markets and rebuilding its local investment banking team
Official inflation figures show prices are not growing as fast as feared by the Reserve Bank, effectively wiping out the chance of an interest rate rise at the bank’s August meeting.
When Sharon Winsor, a Weilwan woman and founder of native food business Indigiearth, launched the Australian Native Food Festival last year, she didn’t expect quite so many people to turn up.
SEOUL, July 29 (Yonhap) -- South Korea's central bank said Wednesday it is necessary to maintain a monetary tightening mode as inflation pressure remains high and the country's economy is likely to continuously grow.
A building collapsed due to the earthquake in Yatsushiro, Kumamoto prefecture, shown on the morning of July 29. (Photo by Yo Inoue)
SEOUL, July 29 (Yonhap) -- Rights offerings by South Korea's listed companies tumbled about 25 percent on-year in the first half of 2026, data showed Wednesday.
European football governing body and Prime Minister Andy Burnham make feelings known after Fifa floats US$4.2 billion investment plan
European football governing body and Prime Minister Andy Burnham make feelings known after Fifa floats US$4.2 billion investment plan
Kremlin and state bank VTB may be forced to prop up online retailer amid crippling Ukrainian attacks; Kyiv prosecutors may target Lukashenko. What we know on day 1,617
CHICAGO — By now, Spencer Jones is something of a trade deadline veteran.