Financial groups reignite race for insurance deals
South Korea's insurance merger and acquisition market is showing signs of life after years of stalled deals, as major financial groups seek to expand beyond their core businesses.
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South Korea's insurance merger and acquisition market is showing signs of life after years of stalled deals, as major financial groups seek to expand beyond their core businesses.
MBK Partners has come under mounting political and regulatory pressure as Seoul's presidential office, lawmakers and financial authorities intensify scrutiny of the private equity firm's management practices amid Homeplus' court-led restructuring and possible liquidation.
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…
Gao Shanwen, an outspoken Chinese economist, is pictured here attending a forum in Beijing in 2009. © Reuters
Apple has begun testing DRAM chips from China's state-backed ChangXin Memory Technologies for devices sold within China and is lobbying the U.S government to permit broader use of CXMT's products, the Financial Times reported on Wednesday, citing people familiar with the matter.
During a career mapping property markets and credit cycles, the widely watched market commentator questioned official GDP figures
During a career mapping property markets and credit cycles, the widely watched market commentator questioned official GDP figures
U.S. lawmakers are considering how to curb the growing adoption of Chinese AI models by homegrown companies, as geopolitical tensions surrounding the rollout of artificial intelligence ramp up.
There was hope and disquiet across Westminster, UK media and social media this week, when ITV and Sky TV owner, Comcast, announced they had reached a £1.6 billion ($2.14 billion) deal.
A screen shows the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, July 8, 2026. (AP Photo/Lee Jin-man)
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SEOUL, July 8 (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 tumbled sharply.
Workers at a China-funded textile and garment factory in Kampong Chhnang Province, Cambodia. The sector remains one of the mainstays of the Southeast Asian nation's economy. © Getty Images
DUBAI, United Arab Emirates (AP) — The US military attacked Iran early Wednesday after it said Tehran struck three ships in the Strait of Hormuz, part of an American effort that also revoked the Islamic Republic’s ability to openly sell crude oil in the world market. Iran retaliated with strikes targeting Bahrain an…
The Hang Seng Index rises by 2.4 per cent as technology stocks lead gains despite renewed tension in the Middle East
The Hang Seng Index rises by 2.4 per cent as technology stocks lead gains despite renewed tension in the Middle East
A Momenta robotaxi is displayed at the booth of the Chinese autonomous driving startup at the Auto Shanghai show in April 2025. © Reuters
Oil prices rose more than 2 per cent on Wednesday, rising above $75 per barrel following renewed fighting in the Middle East, with the US also reinstating oil sanctions on Iran.
Proteomics International Laboratories has secured a vital US patent for its innovative PromarkerEndo blood test, a move that establishes a commercial beachhead into the world’s largest healthcare market and validates a key part of its global strategy.
LG AI Research put its Exaone model's industrial results on display at the International Conference on Machine Learning in Seoul this week, presenting 14 papers alongside AI-discovered industrial materials, a stock analysis agent and a data generation platform already in commercial use, the company said Wednesday.
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True North Copper has boosted its exploration firepower in northwest Queensland, appointing veteran Mt Isa region geologist Matt Porter as exploration manager, while drilling continues at its Aquila copper discovery.
Beijing Financial Court applied extraterritorial provisions of mainland China’s Securities Law, Financial News reports
Beijing Financial Court applied extraterritorial provisions of mainland China’s Securities Law, Financial News reports
Patriot Resources has declared a new, high-grade copper-silver discovery at its Tonic prospect in the Mumbwa district of Zambia, with its maiden drilling program hitting up to 2.56 per cent copper and 62.3 grams per tonne (g/t) silver in shallow drilling.
The bloc says that pricing by the companies had created ‘economically non-viable’ conditions for its local firms
The bloc says that pricing by the companies had created ‘economically non-viable’ conditions for its local firms
Readers discuss three necessary adaptations for legal services, compare their experiences in the Hong Kong and Boston airports, and reminisce about America’s founding ideals
Readers discuss three necessary adaptations for legal services, compare their experiences in the Hong Kong and Boston airports, and reminisce about America’s founding ideals
Pakistan has launched two new overland trade corridors through Iran and China, offering Central Asian countries alternative routes to Pakistani ports after Islamabad closed its main transit crossings with Afghanistan because of security concerns.
Employers in the UAE are currently adopting a cautious approach towards hiring due to the current geopolitical situation, but recruiters say the job market is gradually starting to pick up.
The kingdom lures European visitors seeking to escape the heat with discounted hotel rates
The kingdom lures European visitors seeking to escape the heat with discounted hotel rates
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Samsung, SK hynix-linked ETFs draw scrutiny after W212tr in first-month trading
SEJONG, July 8 (Yonhap) -- The South Korean economy remains on the recovery track as gains from the booming chip industry offset the slowdown in the overall manufacturing sector, a state-run think tank said Wednesday.
SEJONG, July 8 (Yonhap) -- South Korea's watchdog said Wednesday it has launched a deliberation process into Dutch NXP Semiconductors N.V. and U.S.-based Analog Devices Inc. (ADI), as well as their affiliates, over alleged violations of fair trade rules.
In 2013, when the Association for Competitive Technology released its first State of the App Economy in Europe, mobile app-based software businesses were generating roughly €10 billion and sustaining more than 700,000 jobs. In 2022, they were generating more than €290 billion annually (2,900 percent growth) and sust…
Almost four months ago, Abu Dhabi’s Ruwais industrial complex was in the news for the wrong reasons. On March 10, an Iranian drone attack caused a fire to break out at a facility there, 240km west of the UAE capital. Thankfully, no one was injured but the incident highlighted the threats facing the Gulf’s energy sec…
Brooklyn Nets guard Mike James (55) drives to the basket past Milwaukee Bucks forward Khris Middleton (22) during the second half of Game 1 of an NBA basketball second-round playoff series June 5, 2021, in New York. (AP Photo/Adam Hunger, File)
SEOUL, July 8 (Yonhap) -- Seoul shares erased some of their earlier losses late Wednesday morning on institutional buying, as investors continued to reassess the next phase of the artificial intelligence (AI) trade.
A model of the new airport near Tashkent. (Press Service of the President of Uzbekistan)
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July 8, 2026 — 12:13pm
Wed 8 Jul 2026 at 12:04pm
A network fault on Wednesday stopped trains in two states, pushed thousands of phones into SOS mode and left some Telstra customers unable to reach Triple Zero. In Australia, that is what a single company’s bad morning looks like.
AI boom sees long-time bellwether Kweichow Moutai cede top spot in CSI 300 Index weightings to Zhongjin Innolight
AI boom sees long-time bellwether Kweichow Moutai cede top spot in CSI 300 Index weightings to Zhongjin Innolight
LONDON — Andy Burnham is determined to put his Northern English identity and experience at the center of his pitch to run the U.K., but he already risks alienating voters in the South, according to a new POLITICO Poll.
SEOUL, July 8 (Yonhap) -- The head of South Korea's financial regulator on Wednesday pledged to step up efforts to crack down on stock manipulation and other unfair trading practices.