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A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2026. (AP Photo/Ahn Young-joon)
Geely-backed Lotus is looking to bounce back after global deliveries fell 46% to 6,520 vehicles in 2025. © Getty Images
What goes up usually comes back down. And, after months of AI-fuelled euphoria, even Elon Musk’s SpaceX came back down to earth this week.
Airwallex has raised $320 million in a Series H funding round, valuing the global payments company at $11 billion, a 38% leap from just six months ago, as the fintech firm doubles down on artificial intelligence-powered financial software.
CHARLOTTE, North Carolina — LaMelo Ball is the latest NBA star with a new home.
South Korea's bourse operator on Friday activated a circuit breaker for the benchmark Korea Composite Stock Price Index as stocks crashed due to a slump in tech heavyweights.
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Earlier this year, Maine nearly became the first state to ban data centers, the massive warehouses that are powering the A.I. boom and consuming enormous amounts of water and electricity. But then, in the small town of Jay, Maine, supporters of an A.I. data center project rallied to fight the ban. “That’s our opport…
Bangladeshi Prime Minister Tarique Rahman met with Chinese President Xi Jinping in Beijing on Friday. (Source photos by Reuters and Ken Kobayashi)
SoftBank Group Chairman and CEO Masayoshi Son. The Japanese tech conglomerate has made aggressive bets on the ChatGPT creator. (Photo by Kazuho Fujiwara)
A more than 8 per cent slump in South Korea’s Kospi index, which is at the centre of the AI trade in Asia, further unsettles investors
A more than 8 per cent slump in South Korea’s Kospi index, which is at the centre of the AI trade in Asia, further unsettles investors
And2ble has signed with Epic Records Japan ahead of its Japanese debut, marking its entry into the Japanese market.
Readers discuss the complications that can arise with a stock exchange that never sleeps, and bracing for El Nino’s impact on Asia
Readers discuss the complications that can arise with a stock exchange that never sleeps, and bracing for El Nino’s impact on Asia
A backlog of initial public offerings in India comes after a record run of listings in 2025, when companies raised over $22 billion across about 370 stock market debuts, according to an EY report.
Sony is halting sales of its Aibo robotic puppy in Japan, the company has said, eight years after the latest model of its interactive android pet became an instant hit.
SEOUL, June 26 (Yonhap) -- South Korea's bourse operator on Friday activated a circuit breaker for the benchmark Korea Composite Stock Price Index (KOSPI) as stocks crashed due to a slump in tech heavyweights.
SEOUL, June 26 (Yonhap) -- Banks' household mortgage loan rates rebounded in May from a month earlier on rising market interest, central bank data showed Friday.
President Trump's war economy continues to gain steam as weapons production is kicked into high gear and stockpiling becomes a top priority for the Department of War.
Iran's plan to levy tolls or service fees on vessels transiting the Strait of Hormuz could lead to a surge in global inflation because such costs would make oil more expensive to transport through the waterway, experts have said.
Samsung Group is reportedly drawing up a long-term investment plan worth as much as 1,000 trillion won ($646 billion), as Korea seeks to turn its semiconductor and AI ambitions into a broader regional growth strategy.
SAN FRANCISCO — Microsoft said Thursday it will raise the price of its Xbox video game consoles worldwide by $100 to $150 starting August 1, blaming a component-cost surge fueled by artificial intelligence.
When a company director puts their own cash on the line, it’s often seen as the ultimate vote of confidence in the business they steer. In the case of Dateline Resources, that vote just landed in the form of a massive $1.95 million cheque from its non-executive chairman, Mark Johnson.
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SEOUL, June 26 (Yonhap) -- South Korean stocks extended losses late Friday morning as investors dumped tech shares to take profit from the previous session's sharp rally amid lingering woes on artificial intelligence (AI) investment.
Experts and industry leaders say thriving stock market and other robust macroeconomic indicators point to success but mask pain points
Experts and industry leaders say thriving stock market and other robust macroeconomic indicators point to success but mask pain points
Motorists line up at a petrol station in Hanoi on March 10. Vietnam is pushing measures to manage fuel demand amid energy concerns. © Reuters
SEOUL, June 26 (Yonhap) -- South Korea's bourse operator on Friday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the index slid sharply.
The Supreme Court ruled Tuesday that Exxon Mobil can move forward with its lawsuit against Cuban state-owned oil companies over assets seized after Fidel Castro came to power, reopening a dispute tied to Cuba’s 1960 nationalizations, according to CNN.
When the Guggenheim Museum Bilbao opened in Spain in 1997, Frank Gehry’s titanium-clad building became the symbol of a city reinventing itself through culture. Alongside investment in transport, the environment and its waterfront, the museum helped turn a city known largely for industry into a cultural tourism desti…
Marchers with the Greater Seattle Business Association, Washington State’s LGBTQ+ and allied chamber of commerce, hold rainbow letters spelling out “Seattle,” during the annual Seattle Pride Parade, June 25, 2023, in Seattle. (AP Photo/Lindsey Wasson, File)
As wars and tariffs disrupt trade, experts at China International Supply Chain Expo focus on potential of frontier technologies
As wars and tariffs disrupt trade, experts at China International Supply Chain Expo focus on potential of frontier technologies
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BRUSSELS — The European Commission is drawing up plans to give EU candidate countries economic benefits before they join the bloc, as governments search for ways to speed up enlargement without lowering the bar for entry.
The value of Melbourne-founded payments company Airwallex has soared to $US11 billion ($16 billion) after it raised hundreds of millions of dollars from investors in new funding, even as it fights a financial-crimes audit at home and mounting pressure in the United States over its links to China.
Merdeka Gold Resources' shares opened flat on their Hong Kong trading debut on June 26. (Photo by Lorretta Chen)
CATL's battery factory in Debrecen, Hungary, topped a list of ongoing Chinese investments in Europe in 2025. (Nikkei montage/Source photo by Reuters)
Takeda Pharmaceutical’s newly appointed Chief Executive Officer Julie Kim says the company will return to growth in two to three years as it gears up for a wave of product launches.
A ComfortDelGro autonomous vehicle picks up passengers in Singapore's Punggol district as the company begins free trials of the service on June 22. (Photo by Kentaro Takeda)
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South Korea will implement discount events worth 350 billion won ($226 million) for agricultural and fishery products as the government aims to keep consumer price inflation at around 3 percent, the finance ministry said Friday.
SEOUL, June 26 (Yonhap) -- South Korea will implement discount events worth 350 billion won (US$226 million) for agricultural and fishery products as the government aims to keep consumer price inflation at around 3 percent, the finance ministry said Friday.
A record wave of launches – mostly EVs – threatens to overwhelm demand, forcing smaller players into a fight for survival
A record wave of launches – mostly EVs – threatens to overwhelm demand, forcing smaller players into a fight for survival
MANILA, Philippines —The National Grid Corporation of the Philippines (NGCP) issued a yellow alert for the Visayas grid on Friday as major coal power plants continued to be offline even amid high power demand.
SK Telecom will invest 738.4 billion won ($477 million) in a US-based investment vehicle set up by SK hynix, becoming the latest SK Group affiliate to back the chipmaker’s artificial intelligence push.
Johannesburg, South Africa – In April, African Union ministers gathered in Tangier, Morocco, to discuss artificial intelligence at a moment when governments across the continent are racing to develop AI strategies, attract investment and expand digital infrastructure.