EcoPro BM marks first decade as global cathode supplier
EcoPro BM said Sunday it marked the company's 10th anniversary with a promotional campaign highlighting a decade of growth, investment and technological innovation.
· Lee Han-gyoul
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Business & Economy
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Newest first · UTC+11:00Soft-touch gambling reforms will keep money flowing to media giants, sports
July 6, 2026 — 3:53pm
· Elizabeth Knight
New phone sign-ups face tougher ID checks
South Koreans buying a new mobile phone with a new subscription or switching carriers will now face tougher identity checks, as authorities move to curb fraudulent activations linked to identity theft and financial crimes.
· Jie Ye-eun
Tanzania looks to Korea to expand tourism and business ties
South Korea is a priority market for Tanzania's Go Eastern Strategy that aims to attract tourists and business relationships, officials from the country's embassy in Korea and tourist board said at the Destination Tanzania Roadshow in Seoul on Monday.
· Sanjay Kumar
China's leading chatbots to ditch AI personas as Beijing tightens rules
Tencent, Alibaba and ByteDance are all moving to align with China's new rules on AI personas. (Source photos by Getty Images)
· Staff Writer
Four refiners indicted over alleged W14.2tr fuel collusion after US-Iran war
South Korean prosecutors indicted the country’s four major oil refiners Monday on fair trade charges, including allegations that two of them colluded to raise fuel prices after the outbreak of war between the United States and Iran in March.
· Yoon Min-sik
Adnoc sets up global LNG trading platform to boost gas exports | The National
Adnoc, the Abu Dhabi-based global energy major, has launched a liquefied natural gas (LNG) marketing and trading platform in Abu Dhabi’s ADGM to streamline exports of its expanding LNG portfolio globally.
· Sarmad Khan
(LEAD) Detroit Tigers trade S. Korean reliever Go Woo-suk to Minnesota Twins: reports
(ATTN: ADDS more info in paras 3-4)By Yoo Jee-ho
· Yoo Jee-ho
[Photo News] Around-the-clock won trading
Deputy Prime Minister and Finance Minister Koo Yun-cheol (center) poses with Bank of Korea Assistant Gov. Kwon Min-soo (second from left), Hana Financial Group Chairman Ham Young-joo (second from right), Hana Bank CEO Lee Ho-sung (far right) and Finance Ministry Senior Deputy Director Moon Ji-sung at Hana Infinity S…
· Choi Ji-won
(URGENT) Lee to hold meeting every month to review progress in chip cluster, AI investment projects: presidential official
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· Park Boram
Asian shares are mixed and oil prices slip following US holiday
A member of media looks at the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Monday, June 29, 2026. (AP Photo/Lee Jin-man)
· Yuri Kageyama
Why Iran may find it difficult to clear its oil inventories even after sanctions relief
Iran is likely to face challenges in clearing its oil inventories even after restrictions on its energy imports are lifted, as its biggest customer tweaks its energy strategy while oil from other suppliers floods the market, according to analysts.
· Justina Lee
Meta’s woes deepen in India as child abuse ads on Instagram draw government ire
The Indian government has warned of action against two of Meta's three major platforms, WhatsApp and Instagram, within a week, underscoring the growing regulatory risks the U.S. social media giant faces in a key market.
· Priyanka Salve
Barkly kicks off major NT rare earths drill-out
ASX-listed Barkly Rare Earths has moved from planning to paddock action at its flagship Northern Territory project, kicking off civil works for a massive 10,000-metre drilling campaign designed to materially expand an existing 40-million-tonne rare earths resource.
· Murray Ward
Diesel, kerosene prices to increase this week
MANILA, Philippines — The Department of Energy (DOE) on Monday announced that diesel and kerosene prices would increase this week, due mostly to the developments in the Middle East, as well the available supply in the region.
· Ed Paolo Salting
Young Japanese sacrifice today to invest for tomorrow
As of the end of June 2025, investors in their 40s or younger accounted for approximately 49% of total NISA purchases. (Nikkei montage/Source photo by Yutaka Miyaguchi)
· Staff Writer
Regulators unveil strict guidelines for 'split listing'
SEOUL, July 6 (Yonhap) -- The Financial Services Commission (FSC) and the Korea Exchange on Monday unveiled strict guidelines for "split listing" by conglomerates, in a bid to bolster the fiduciary duty of listed firms and interests of ordinary shareholders.
· Deok-Hyun Kim
Angels’ John Mozeliak knows franchise must change ASAP: ‘Anybody can trade anyone’
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· Thomas L. Murray
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Monday.-----------------■ (LEAD) Lee calls for prompt execution of chip cluster, AI investment projects
· Kang Jae-eun
Hong Kong’s roast meat chains expand as recovery in shop markets remains uneven
Tourism rebounds as a simple operating model fuels demand for shops, while areas relying on local consumption remain mild
· Peggy Ye
Hong Kong’s roast meat chains expand as recovery in shop markets remains uneven
Tourism rebounds as a simple operating model fuels demand for shops, while areas relying on local consumption remain mild
· Peggy Ye
Families of Dubai crash victims receive financial support from Dh1m fund | The National
The families of seven workers killed in a road crash in Dubai last month have been given a financial lifeline thanks to a Dh1 million ($270,000) relief fund set up by a leading UAE businessman.
· The National
Malaysia’s Anwar to lean on ‘good friend’ Li Qiang to rescue durian farmers as prices fall
China is Malaysia’s most important durian market, accounting for about 60 per cent of exports worth US$368 million annually
· Iman Muttaqin Yusof
Malaysia’s Anwar to lean on ‘good friend’ Li Qiang to rescue durian farmers as prices fall
China is Malaysia’s most important durian market, accounting for about 60 per cent of exports worth US$368 million annually
· Iman Muttaqin Yusof
To lure LeBron James, Cavaliers could try to trade for Bronny
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· Thomas L. Murray
Authors like me must have faith that Australia, where fairness is fundamental, won’t gut our copyright for big tech | Anna Funder
US companies hoping to make fortunes from AI want the creative product of our country to be available to them for free, or for peanuts. Words fail me
· Anna Funder
[Ask the Tax Whiz] Guidelines on BIR’s Micro Taxpayer Relief Program
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· gdecastro0289
Watchdog begins deliberations on popular Korean grill chain operator
SEOUL, July 6 (Yonhap) -- South Korea's fair trade watchdog said Monday it has launched a deliberation process into Myeong Ryun Dang, which operates a Korean barbecue restaurant chain, for allegedly offering low-interest loans to its money-lending affiliates using funds from state financing programs.
· Kang Yoon-seung
Syria’s solar boom is redefining Middle East’s energy model | The National
Damascus must be the most solarised city in the Middle East. Panels adorn almost every apartment building, villa and hotel, with workers hammering away to install more. From calamity has come opportunity, and an alternative path to the region’s solar future.
· Robin Mills
Venus to shower market with Rox shares in $10M dividend
Venus Metals Corporation has pulled the trigger on a special dividend, distributing 25 million Rox Resources shares worth $10.25 million.
· Penny Taylor
Seoul shares turn lower late Mon. morning on institutional, foreign selling
SEOUL, July 6 (Yonhap) -- Seoul shares turned lower late Monday morning after a mixed close on Wall Street, with institutions and foreigners offloading local stocks ahead of major companies' second-quarter earnings releases.
· Choi Kyong-ae
(LEAD) Lee calls for prompt execution of chip cluster, AI investment projects
(ATTN: UPDATES with more info in last 4 paras)
· Park Boram
India's sugar industry likely to exit exports and exist for ethanol
Workers unload sacks of sugar from trucks at the Deendayal Port in Kandla, in the western state of Gujarat, India, in April 2025. © Reuters
· Quratulain Rehbar
Lee calls for prompt execution of chip cluster, AI investment projects
SEOUL, July 6 (Yonhap) -- President Lee Jae Myung on Monday called for the prompt execution of the government-led large-scale chip cluster and AI investment projects by expediting administrative procedures, including streamlining environmental impact reviews.
· Park Boram
US sanctions target Rwandan firms linked to conflict minerals funding M23
Bukavu, Democratic Republic of the Congo – The United States has imposed sanctions on Rwandan businessmen and companies it says are helping finance the M23 rebellion in the eastern Democratic Republic of the Congo (DRC) through the illicit trade in conflict minerals, signalling growing international pressure over a …
· Al Jazeera Staff
A line in the sand for the world’s largest creditor has been breached
July 6, 2026 — 12:01pm
· Stephen Bartholomeusz
Hong Kong pension fund to ease rules and increase gold ETFs, says source
MPFA to relax gold ETF investment approval rules as part of Hong Kong government’s push to turn the city into a regional gold trading hub
· Enoch Yiu
Hong Kong pension fund to ease rules and increase gold ETFs, says source
MPFA to relax gold ETF investment approval rules as part of Hong Kong government’s push to turn the city into a regional gold trading hub
· Enoch Yiu
LIST: Banks, e-wallets that made transfers free or cheaper
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· lkyu0285
Advance 3D model sharpens hunt for repeat gold shoots in Victoria
Advance Metals has developed a new 3D geological model for its Happy Valley gold project in Victoria that it says has cracked the code on the controls of its high-grade mineralisation.
· Murray Ward
CNBC Daily Open: Red cards, record bets and market's risk-on mood
Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
· Lim Hui Jie
China restaurant sparks debate after selling simple tomato scrambled egg dish for US$75
Shanghai eatery grabs eyeballs on social media after pricing common cooked food item dozens of times above market average
· Alice Yan
China restaurant sparks debate after selling simple tomato scrambled egg dish for US$75
Shanghai eatery grabs eyeballs on social media after pricing common cooked food item dozens of times above market average
· Alice Yan
Japan AI chip startup taps Malaysia's Oppstar to gear up for production
Tokyo Artisan Intelligence CEO Hiroki Nakahara, third from left, shakes hands with Oppstar co-CEO Ng Meng Thai at a signing ceremony in Kuala Lumpur in June. (Selangor Information Technology & Digital Economy Corp.)
· TSUBASA SURUGA
Customs agency uncovers 770 bln won worth of trade security violations
SEOUL, July 6 (Yonhap) -- South Korea's customs agency said Monday it has detected a total of 770.3 billion won (US$503 million) worth of trade security violations in the first five months of this year, in line with the government's efforts to root out illegal activities.
· Kang Yoon-seung
Can China’s budget brands crack developed markets? Mixue shows it won’t be easy
Slow expansion in Japan and store closures in Hong Kong suggest low prices may not be enough to win over consumers in mature economies
· Alice Li
Can China’s budget brands crack developed markets? Mixue shows it won’t be easy
Slow expansion in Japan and store closures in Hong Kong suggest low prices may not be enough to win over consumers in mature economies
· Alice Li
Supertanker tycoon is making millions from ‘dark’ Hormuz shuttle runs
Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the United Arab Emirates was already approaching its pre-war rate of flows through the waterway by the time the US and Ira…
· Weilun Soon, Alex Longley, Anthony Di Paola
South Korea Plans Investment Fund From Chip Tax Revenue
At a time when chip and memory companies are disproportionately receiving the benefits of hundreds of billions in capex, and a growing number of politicians are consider ways to socialize these outsized gains, Yonhap News reported that South Korea plans to create an investment fund using tax revenue from its burgeon…
· Tyler Durden
Gov't vows support for AI-driven growth of service industry
South Korea will make efforts to revamp regulations and accelerate the adoption of artificial intelligence technologies in the service sector, the finance ministry said Monday.
· Yonhap