LOS ANGELES, United States — The Boston Celtics will send star forward Jaylen Brown to the Philadelphia 76ers in exchange for veteran Paul George in a blockbuster NBA trade, ESPN reported Wednesday.
SEOUL, July 2 (Yonhap) -- The South Korean won rose slightly against the U.S. dollar Thursday, after remarks by U.S. Federal Reserve Chair Kevin Warsh that inflation expectations had moderated.
Prime Minister Han Seong-sook said Thursday the government should focus on reining in inflation, after data showed that the country's consumer prices rose at the fastest pace in 30 months last month due to the lingering impact of the Middle East conflict.
SEOUL, July 2 (Yonhap) -- Inflation is expected to ease in July from the previous month, supported by the government's efforts to stabilize consumer prices and lower crude oil prices following eased tensions in the Middle East, the central bank said Thursday.
SEOUL, July 2 (Yonhap) -- Prime Minister Han Seong-sook said Thursday the government should focus on reining in inflation, after data showed that the country's consumer prices rose at the fastest pace in 30 months last month due to the lingering impact of the Middle East conflict.
Last week saw renewed skepticism in the AI narrative, this week there is growing skepticism to the semiconductor narrative. A multitude of reasons from leveraged single-stock ETFs to a too hawkish Fed were apparent in explaining renewed Tech weakness. Indeed, despite Micron’s post earnings rally, which has now fully…
Seoul stocks opened sharply lower Thursday as a sell-off of US semiconductor shares weighed on market sentiment, while investors assessed fresh remarks from Federal Reserve Chairman Kevin Warsh.
A US House committee on Wednesday released a report accusing South Korea of "discriminatory attacks" on e-commerce giant Coupang Inc. and other American companies, claiming the Asian country's treatment of them violates last year's bilateral trade deal.
Sony has announced that it will end support for new games on disc from January 2028, effectively killing off the market for physical format video games as a mainstream concern.
SEOUL, July 2 Yonhap) -- South Korea's bourse operator on Thursday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the index tumbled on heavy selling in semiconductor shares.
SEOUL, July 2 (Yonhap) -- Seoul stocks opened sharply lower Thursday as a sell-off of U.S. semiconductor shares weighed on market sentiment, while investors assessed fresh remarks from Federal Reserve Chairman Kevin Warsh.
KPMG’s Sydney headquarters went into lockdown on Wednesday over a threat from an employee as the embattled firm prepared to announce former SBS boss Michael Ebeid as its new chair to start rebuilding its leadership in the wake of a whistleblower scandal.
Dallas Stars’ Jason Robertson watches a face-off during Game 2 of a first-round NHL Stanley Cup playoffs hockey series against the Minnesota Wild Monday, April 20, 2026, in Dallas. (AP Photo/Tony Gutierrez,File)
Seoul ranked as the world’s 12th-richest city by ultra-high-net-worth population last year, posting the fastest growth among major cities amid the AI investment boom and a rally in technology stocks.
French shipping company CMA CGM hopes the shipping situation in the Strait of Hormuz will improve in the coming days, but expects a return to normal to take several months, its chairman and CEO Rodolphe Saade told French business daily Les Echos.
Bank Hapoalim CEO Yadin Antebi said the next Israeli government’s central economic challenge would be gaining control over the defense budget, warning that the size of the defense budget would have a major effect on Israelis’ standard of living in the coming years.
Boston Celtics guard Jaylen Brown (7) drives to the basket against Philadelphia 76ers forward Paul George (8) during the first half of Game 2 of a first-round NBA playoffs basketball series, April 21, 2026, in Boston. (AP Photo/Charles Krupa, File)
More than 300 people have been arrested across the UK, including 57 migrants who had crossed the Channel by boat, as part of a police crackdown on illegal trade and organised immigration crime.
SEOUL, July 2 (Yonhap) -- Guatemala is prioritizing its accession to the Korea-Central America Free Trade Agreement (FTA), which is expected to further boost bilateral trade and investment with South Korea, while helping diversify the Central American country's export markets, its foreign minister said.
Amy Greenbank is an investigative reporter in the ABC’s NSW newsroom and a fill-in 7pm newsreader. She covers corruption, corporate wrongdoing, housing and development. You can contact her at Greenbank.amy@protonmail.com
A Ramat Gan cafe was set on fire for the third time overnight between Tuesday and Wednesday, citing footage showing masked suspects arriving at the scene, igniting the business, and fleeing.
Conventional wisdom has it that an autocratic ethnonationalist backlash against global capitalism and liberal democracy is driving 21st-century politics. Yet recent developments have shown the political revolt to be more nuanced. In an era of rapid technological and economic change, people invariably look to the pas…
SAN FRANCISCO, United States — TikTok settled a lawsuit with a teenager just weeks before the company was set to go to trial in a second landmark case over whether social media companies are responsible for the harms their products might cause.
US President Donald Trump's widening portfolio in the Gulf powered a new wave of wealth after his return to office last year, with his real estate empire a particular source of income.
TikTok has reached a settlement with a Florida teenager who blamed the platform and other social media companies for fueling his addiction, leading to depression, anxiety, and sleep loss, just ahead of a trial to determine the industry’s part in the youth mental health crisis.
The under-the-microscope Australian outpost of private equity giant TPG, led by convicted negligent driver Joel Thickins, paid its 30 staff a whopping $62 million last year as business boomed and profit soared at the controversial firm.
The UN is set to gain greater financial flexibility after member states approved a four-year trial of new budget rules designed to prevent the cash shortages that have repeatedly threatened the world body’s ability to operate.