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SEJONG, July 9 (Yonhap) -- The Asian Development Bank (ADB) on Thursday revised up its economic growth projection for South Korea to 2.6 percent from its April report, citing robust artificial intelligence (AI)-related demand around the globe.
Russia’s lower-house State Duma on Wednesday passed sweeping legislation tying the legal status of migrant workers and their families to their financial earnings.
Russia’s lower-house State Duma on Wednesday passed sweeping legislation tying the legal status of migrant workers and their families to their financial earnings.
Meta could face up to $1.4 trillion in penalties after four US states accused the company of designing Facebook and Instagram to addict young users, media have reported, citing court documents. The potential fines are nearly equal to the company’s current market value of around $1.5 trillion.
Dubai Taxi Company has completed its acquisition of National Taxi, boosting its presence in Abu Dhabi and creating the biggest operator in the UAE, which will run more than 9,500 cabs.
Trains, mobile phones, triple-zero calls and even EVs. If it communicates, Telstra bricked it
The outlook is weighed down by the Iran war but helped by AI and other technologies
The outlook is weighed down by the Iran war but helped by AI and other technologies
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See more of our coverage in your search results.
It started off with the usual morning rush by retail momentum chasers into the handful of massive, market-moving names (read Samsung Electronics and SK Hynix), but as has been the case over the past two weeks, the initial euphoria quickly reversed and the Kospi rolled over, closing down 5.4%, 9.99% over the past two…
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SAIPAN, Northern Mariana Islands — Filipino community leaders on the typhoon-devastated island of Rota appealed to the Philippine government to extend financial and humanitarian assistance to overseas Filipinos left struggling after Super Typhoon Bavi destroyed homes, cut off water and electricity, and crippled much…
BRUSSELS — Renewed geopolitical tensions in the Middle East would hurt growth and stoke inflation, the International Monetary Fund warned Wednesday, as a fragile ceasefire between Iran and the U.S. threatens to fall apart after fresh military strikes on both sides.
Wang Wentao meets Sjoerd Sjoerdsma amid ASML export limits and Nexperia debacle, with calls for secure chip supply chains and broader EU-China market access
Wang Wentao meets Sjoerd Sjoerdsma amid ASML export limits and Nexperia debacle, with calls for secure chip supply chains and broader EU-China market access
Children wade in the water with cargo ships at anchor in the background and a fisherman nearby, in the Strait of Hormuz off Bandar Abbas, Iran, Tuesday, June 30, 2026. (Amirhosein Khorgooi/ISNA via AP)
SEJONG, July 8 (Yonhap) -- The International Monetary Fund (IMF) on Wednesday revised up its growth forecast for South Korea in 2026 to 2.6 percent, as strong global demand for memory chips offset the negative impact of the Middle East war.
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The International Monetary Fund on Wednesday sharply downgraded its 2026 growth forecast for the Middle East as the Strait of Hormuz's prolonged closure choked off the region's energy supply chains.
NEW YORK — US artificial intelligence lab Anthropic scored the highest in a semiannual safety ranking, but globally the industry fails to combat "existential" threats, according to a report released on Tuesday.
President Donald Trump threw a summit of NATO leaders into disarray on Wednesday as he demanded the United States cut trade ties with Spain and made renewed claims on Greenland, irking another NATO ally, Denmark.
Markets are on the backfoot this morning with equity futures and macro credit under pressure, bond yields spiking, the USD higher, and oil jumping after President Trump thrust geopolitical risks back into focus by declaring the ceasefire between the US and Iran to be over calling it “a waste of time” after the US la…
A financial system designed to increase market valuations rather than improve people’s quality of life is prone to crisis
A financial system designed to increase market valuations rather than improve people’s quality of life is prone to crisis
Authored by Kevin Stocklin via The Epoch Times,
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VW to propose 100,000 job losses to board and says car plants could be put under foreign ownership to save jobs
During a NATO summit in Ankara, President Trump instructed Treasury Secretary Scott Bessent to cut off trade with Spain over defense spending.
Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with one interest rate hike. History, though, suggests that policymakers will have a hard time stopping there.
Recommendations on possible wage adjustments in the regions are expected by September, President Ferdinand Marcos Jr. said on July 8, 2026, following the recently approved P85 daily wage hike in the National Capital Region (NCR). Speaking to reporters during his visit to Pulilan, Bulacan, Marcos said the Regional Tr…
Just under six months into the Rangers’ retool, the team’s roster and prospect pool have undergone notable reconstructions. The organization has facilitated a series of repairs that have not only altered the characteristics of the lineup, but the pipeline that will feed it moving forward.
Goldman economist Ronnie Walker has some bad news for prospective homebuyers: while the housing market appears soft but broadly stabilizing, affordability pressures are unlikely to abate anytime soon.
SAN FRANCISCO — Netflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals with a slate of major US media publishers to carry bite-sized content on its platform.
Unemployment data in the hi-tech sector are reaching new highs, with more than 16,000 workers recently registering as unemployed, Inbal Mashash, director general of the Israel Employment Service told 103FM on Tuesday.
This photo provided by Honda shows the 2016 Civic, a longtime popular choice for a small sedan that offers peppy acceleration and solid fuel economy as well as solid construction. Aim to find a 2016 Civic, the year it received a redesign and a new optional turbocharged engine. (Courtesy of Edmunds via AP)
Japanese moon transport company Ispace said Wednesday it would start a new, lower-cost lunar cargo business using the Starship heavy rocket and moon lander developed by Elon Musk’s SpaceX.
The prediction market app Polymarket is displayed on a mobile phone, April 16, 2026, in Chicago. (AP Photo/Erin Hooley, File)
Increase shows success of strategy based on mega-events, tourism minister says, while transport chief also points to more destinations served by airport
Increase shows success of strategy based on mega-events, tourism minister says, while transport chief also points to more destinations served by airport
United States President Donald Trump says the ceasefire with Iran is “over”, describing Iranian leaders as “sick people” after Iran and the US exchanged attacks.
DKE, a maker of e-paper display modules, says more time needed to finalise its exchange announcement and obtain clearances from regulators
DKE, a maker of e-paper display modules, says more time needed to finalise its exchange announcement and obtain clearances from regulators
Even voters who identify as foot soldiers of his political army are increasingly willing to blame Trump for their economic troubles
Central Commission for Discipline Inspection says Nanning used tactic to mask budget strains
Central Commission for Discipline Inspection says Nanning used tactic to mask budget strains
Most Americans don’t look to their 401(k) plans for excitement or experimentation, instead relying on the promise that steady saving and sober planning will guarantee security in their golden years. But the Trump administration wants to transform the well-worn patterns of retirement investing.
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Wealth reflects the value of everything households own, including homes, stocks, businesses, and savings, minus what they owe.