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Deutsche Bank cuts the financial hub’s quality-of-life standing as soaring expenses squeeze households, and Seoul emerges as a tech-driven regional competitor
Business is declaring war on a provision tucked into a must-pass defense bill that would restrict Pentagon contractors from executing stock buybacks and paying dividends unless they have the Defense Department's approval, and asking Congress to kill the provision before it reaches the president's desk.
A Victorian truck driver who accidentally melted $70,000 worth of ice-cream has failed to regain his job despite the fair work umpire finding it was a one-off mistake and that he was not given procedural fairness by the company.
A pilot traced the words “I’m bored” with his aeroplane during a two-hour test flight.
French underwear brand Le Slip Français made its stock market debut in Paris on Tuesday, betting that consumers will pay for locally made clothing amid competition from ultra-cheap Chinese fast-fashion giants like Shein and Temu.
US President Donald Trump has proposed charging a 20 per cent fee on ships crossing the Strait of Hormuz – a move that could set a single supertanker back more than $32 million every trip. Washington previously opposed fees in the strait.
U.S. Treasury yields rose again on Tuesday as traders' expectations for Federal Reserve interest rate hikes grow amid an increasingly fractured Middle East ceasefire.
Pay-to-play social gatherings offering food and alcohol through online community platforms may cross the line into unregistered business activity when they are held repeatedly for profit, local media reported Tuesday.
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
Treasurer Jim Chalmers has frozen the shareholder rights of a group Chinese-linked investors he believes are seeking to illegally gain control over an undeveloped but strategically important Australian rare earth mining project.
Brent crude rises over $85 a barrel for the first time since ceasefire, after US carries out third night of strikes against Iran and Donald Trump announces 20% fee for ships to transit strait of Hormuz
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
Footage from Staines, England, filmed on Monday 13 July 2026, shows the Vintners' and Dyers' livery companies rowing traditional skiffs along the River Thames, catching cygnets, weighing and measuring them before King Charles' Chief Swan Marker, David Barber, released them back into the water near Windsor Castle. Th…
Domestic A-shares have returned to near-2021 levels as real interest rates decline, though researchers warn a sustained recovery is not yet guaranteed
Domestic A-shares have returned to near-2021 levels as real interest rates decline, though researchers warn a sustained recovery is not yet guaranteed
New road map for the tropical free-trade hub highlights advancements in fleet electrification, creating a potential template for other provinces to follow
New road map for the tropical free-trade hub highlights advancements in fleet electrification, creating a potential template for other provinces to follow
In a move likely to de-risk its path to becoming a gold producer, Aureka Limited has sidestepped the need to build the company’s own processing plant by signing a toll milling agreement with Core Prospecting, the owners of the Wedderburn gold processing mill in Victoria.
SEOUL, July 14 (Yonhap) -- South Korea's goal of achieving a potential growth rate of 3 percent is considered viable, though challenging, on the back of the country's industrial transformation driven by the recent semiconductor supercycle, the finance minister said Tuesday.
Fujifilm’s single-use film camera QuickSnap, known in Japan as Utsurun Desu, celebrated its 40th anniversary this month, buoyed by renewed interest in analog photography among younger consumers.
View image in fullscreenTracking the Invisible by Britta Jaschinski (Earth Photo award 2026)Britta Jaschinski’s project documents the illegal wildlife trade and the forensic science being developed to fight it. Using a newly developed magnetic powder, Mark Moseley, a forensic investigator at London’s metropolitan po…
From charcoal-roasted goose to toys to construction, owners of venerated local businesses explain their stewardship strategies
From charcoal-roasted goose to toys to construction, owners of venerated local businesses explain their stewardship strategies
SoftBank Group Chairman and CEO Masayoshi Son speaks during his presentation at SoftBank World 2026 in Tokyo on July 14.(Photo by Hikaru Yagi)
Former Liberal prime minister Malcolm Turnbull has launched a scathing attack on Rupert Murdoch and his global media empire, suggesting their local media titles should be treated “like the drunk that you see late on a Saturday night, raving and screaming and raging at the moon”.
Oil prices surged to their highest level in a month on Tuesday morning, after rising more than 9 per cent in the previous session amid attacks carried out by the US and Iran, with Tehran also targeting tankers in the Strait of Hormuz.
A Seoul appeals court on Tuesday suspended the Fair Trade Commission's decision to designate Coupang founder Bom Kim as the e-commerce giant's controlling figure, or "same person," putting the accompanying disclosure requirements on hold while the case proceeds.
SEOUL, July 14 (Yonhap) -- Major tech companies and startups have either declared or are reviewing participation in a government-backed project to build an artificial intelligence (AI) service accessible to everyone for free, industry sources said Tuesday.
Labor MP says ‘a fair day’s pay for a fair day’s work’ was a founding principle of the ALP as media union calls for tougher new rules on AI use of creative work
A GAC Honda GT electric vehicle is displayed at the Auto Shanghai motor show in April 2025. © Reuters
Samsung SDI said Tuesday that its battery system for uninterruptible power supplies has passed a fire safety test conducted by global safety certification organization UL Solutions, a milestone expected to boost its competitiveness in the expanding artificial intelligence data center market.
SEOUL, July 14 (Yonhap) -- South Korea detected 2.4 trillion won (US$1.61 billion) worth of illegal foreign exchange transactions through May as the country stepped up surveillance against related crimes amid the volatility in the currency market, the finance ministry said Tuesday.
Higher-for-longer interest rates were once heralded as an attractive yield driver for private credit investors, but industry professionals say tighter monetary policy is becoming the sector's next major stress point.
SoftBank Group founder Masayoshi Son said that in the not-so-distant future, nuclear fusion technology will offer the most realistic solution for powering AI data centers’ ballooning needs.
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Korean companies are moving beyond artificial intelligence pilot projects and embedding the technology into their core operations, the heads of Google Korea and Google Cloud Korea said Tuesday.
From Japan’s bid for a massive tourism boom to a look at the illegal baby trade, here are a few highlights from SCMP’s recent Asia reporting
From Japan’s bid for a massive tourism boom to a look at the illegal baby trade, here are a few highlights from SCMP’s recent Asia reporting
Economists warn continued airstrikes could push oil prices beyond US$100 a barrel, increasing chance of further RBA rate hike
Advance Metals has unearthed its most significant polymetallic drill hit to date at its 100 per cent-owned Gavilanes silver project in Mexico.
Tue 14 Jul 2026 at 2:10pm
This photo provided by AvayeBoom shows members of the organization interviewing residents to select a flagship species that symbolizes the local community in the Dasht-e Arjan plain, Fars province, Iran, in September 2022. (Mahsa Hashemi/AvayeBoom via AP)
Gas pumps are seen at a gas station in Buffalo Grove, Thursday, June 25, 2026. (AP Photo/Nam Y. Huh)
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Readers discuss a craft-intensive investment that says Hong Kong believes in its future, the city’s focus on university rankings, and a World Cup red card scandal
Readers discuss a craft-intensive investment that says Hong Kong believes in its future, the city’s focus on university rankings, and a World Cup red card scandal
Teams looking for a center fielder will have to look beyond All-Stars Byron Buxton and Mike Trout. Both suggested they aren’t going anywhere.
Olympio Metals has muscled its way into the US critical minerals scene, completing the acquisition of a high-grade silver and copper project in Montana and an antimony play in Idaho, both of which come with some eye-watering historical production numbers.
Heavy equipment and cars are prepared for shipment by rail in Yantai, eastern China’s Shandong province, on June 20, 2026. (Chinatopix via AP) CHINA OUT