SEOUL, June 19 (Yonhap) -- The capital adequacy ratio of insurance companies in South Korea rose in the first quarter of the year from the previous quarter due largely to a rise in available capital, data showed Friday.
Group of Seven member countries have announced a new effort to boost co-ordination on reducing their dependency on Chinese imports of critical minerals, a move that is receiving pushback from Beijing.
Democrats have spent months telling anyone who will listen that the midterms are theirs to lose. With President Donald Trump's approval rating in the basement and conditions supposedly ripe for a blue wave, the party is feeling confident it can win both the House and the Senate in November. Polls do seem to suggest …
Jensen Huang's four-day visit to Seoul earlier this month was as colorful and thrilling as that of a rock superstar. Wearing his trademark black leather jacket, the founder and CEO of NVIDIA — the darling of the ongoing AI revolution — appeared on a popular TV reality show, threw the first pitch at a professional ba…
The two leaders visited the Indian pavilion at Paris Expo Porte de Versailles, where they met entrepreneurs, spoke with exhibitors and greeted attendees, underscoring the growing focus on cooperation in innovation and business. Their appearance came during the Franco-Indian Year of Innovation, launched in Mumbai in …
Jacinta Allan’s primary vehicle of consultation with the Victorian business sector has been wound back, and its chairman moved aside, as the state government’s relations with the business community deteriorate.
The Trump administration announced on Thursday that it will offer federal student loan borrowers who sign up for autopay a 1-percentage-point reduction on their interest rate, starting July 1.
The average investor who bought SpaceX shares in the open market after its debut has seen nearly all of their gains disappear as a sharp pullback erased a large chunk of the stock's post-IPO surge.
More than $100,000 in taxpayer funds were used to purchase uniforms, sneakers and Frank Green water bottles at a Sydney A-League franchise, while $44,000 was paid to companies where the club’s executives and senior staff held a financial interest.
Suited maitre d’. Soft but audible jazz. Fat hissing on hot coals and art deco panache. On a wet Tuesday night, everything is luxury-steakhouse business as usual at Rockpool Bar & Grill, a temple to expense accounts and the cow since 2009. Except … hang on a minute. What’s this? The menu is smaller! It seems half th…
The bulk of departures from Prime Minister Anthony Albanese’s office trickled out in the weeks following the 2025 federal election, a typical time when most staffers take stock and consider a life working normal hours for more money.
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are closing the week higher, recovering most of Wednesday's losses sparked by the Federal Reserve meeting. Crude prices also fell on encou…
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
Earlier this week, we showed the unprecedented pace of hyperscaler Investment Grade debt accumulation, which according to Morgan Stanley calculations had doubled in just two quarters, rising from 0.9x leverage in Q3 '25 to 1.8x currently, a pace that has already surpassed the entire energy sector's gross leverage of…
WASHINGTON, June 18 (Yonhap) -- U.S. Vice President JD Vance reiterated Thursday that "international waterways" should be "free of tolls" in reference to the Strait of Hormuz, stressing the need for a final peace deal with Iran to ensure the strait is not used as a "choke point for the global economy."
AS the Philippines leads the Asean Chairship for 2026, the Department of Finance (DOF) has taken a central role in driving the regional agenda on finance for climate action, resilience, and sustainable development through fiscal policy, public finance, investment and economic solutions, and resource mobilization.
Cosmo Energy Holdings still sees the Middle East as an important source of oil despite the supply risks that have emerged. (Nikkei montage/Source photos by Kyodo and Nikkei)
Cuba’s President Miguel Diaz-Canel, second left, and Raul Castro’s grandson Raul Guillermo Rodriguez Castro, center back, take part in a rally in support of former President Raul Castro in front of the U.S. Embassy in Havana, Cuba, Friday, May 22, 2026, after U.S. prosecutors filed an indictment accusing him of orde…
Amazon is in talks to sell its custom-made Trainium AI chips for use in other companies’ data centers, Bloomberg reports, noting this "represents a key expansion of its efforts to cut into Nvidia's dominance", although a less optimistic read is that the company does not have enough demand or capacity to use the chip…
Among the first attractions greeting visitors are AI-powered humanoid robots from Chinese company Unitree, performing boxing movements, balancing exercises and other demonstrations. Robotic dogs also navigate through exhibition halls crowded with technology professionals and investors. The displays highlight growing…
The memorandum of understanding signed by President Donald Trump and President Masoud Pezeshkian of Iran lays out the political, military and economic consequences of the ill-judged decision to attack Iran on 28 February.
Private healthcare companies in the UAE are now obliged to ensure at least 50 per cent of new Emirati recruits are employed in specialised roles, including doctors and nurses.
Vice President JD Vance defended President Donald Trump's interim peace deal on Thursday, insisting the United States is not paying the Islamic Republic and that any economic benefits for Iran depend on full compliance with the agreement.