A focused view of neutral reporting on Business & Economy, brought together across publishers.
Explore all topics →
SEOUL, June 8 (Yonhap) -- Nvidia Corp. and Hyundai Motor Group discussed future mobility technologies and artificial intelligence (AI) cooperation on Monday as the two companies seek to expand their partnership in emerging technologies.
A road is closed near a collapsed building in General Santos, a city on the southern Philippine island of Mindanao, after a magnitude 7.8 quake occurred in the sea 15 kilometers away. © Reuters
Keep independent journalism alive
Apple CEO Tim Cook attends a meeting between Chinese Premier Li Qiang and U.S. business representatives, at the Great Hall of the People in Beijing, Thursday, May 14, 2026. (Go Nakamura/Pool Photo via AP)
Beijing’s looser monetary policy, a wider bond market opening and expanding yuan internationalisation are helping drive the trend, analysts say
Beijing’s looser monetary policy, a wider bond market opening and expanding yuan internationalisation are helping drive the trend, analysts say
(ATTN: UPDATES with quotation in paras 5-6)
SEOUL, South Korea — China’s President Xi Jinping arrived in Pyongyang on Monday for a rare state visit that experts say is likely meant to reassert Beijing’s unique influence over North Korea in return for providing economic and political benefits.
THE Philippine art market has undergone a dramatic transformation in recent years, driven by growing interest among art appreciators, collectors, and enthusiasts in fine art and works by contemporary artists.
AXA is launching a new wealth services platform, initially focused on Asia's expanding high-net-worth market. © Reuters
SEOUL, June 8 (Yonhap) -- South Korean stocks nosedived more than 8 percent Monday as investors dumped market heavyweights on renewed woes over artificial intelligence (AI) profitability and concerns over a possible hawkish pivot of the U.S. Federal Reserve. The local currency rose against the U.S. dollar after open…
Follow-up talks come as Nvidia broadens partnerships with Korean companies beyond semiconductors
(ATTN: UPDATES with latest figures in 5th para; ADDS more details from 6th para, new photo)
Mon 8 Jun 2026 at 4:28pm
June 8, 2026 — 4:18pm
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…
Innovation, speed, and entrepreneurial agility are needed in China, foreign firms must adapt or lose ground, says McKinsey’s Joe Ngai
Innovation, speed, and entrepreneurial agility are needed in China, foreign firms must adapt or lose ground, says McKinsey’s Joe Ngai
SEOUL, June 8 (Yonhap) -- South Korea and Kazakhstan explored ways to expand their cooperation in energy, supply chains and other areas Monday while discussing a potential comprehensive economic partnership agreement (CEPA) between the two countries, Seoul's ministry said.
SK Biopharmaceuticals has launched an innovation space to support promising Korean biotech and pharmaceutical companies as they expand into the United States and across the globe.
Chinese President Xi Jinping arrived in Pyongyang on Monday for a rare state visit that experts say is likely meant to reassert China’s unique influence over North Korea in return for providing economic and political benefits.
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…
Oil prices rose on Monday morning after Iran and Israel traded attacks, leading to concerns about an extended war hitting supply, while stocks fell globally on geopolitical tensions and fears of an artificial intelligence bubble.
Currency dealers work in front of an electronic board displaying the exchange rate between the U.S. dollar and South Korean won and the Korea Composite Stock Price Index (KOSPI) at the dealing room of a bank in Seoul, South Korea on June 8. © Reuters
Tom Kerridge says ‘whole of hospitality’ should get behind Burnham who has called for VAT cut from 20% to 10%
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…
The notorious Code Noir is gone. But people in Guadeloupe and Martinique continue to live with the consequences
BUCHEON, South Korea, June 8 (Yonhap) -- The driver of a truck that crashed into a crowd of people at a traditional market last year was sentenced to a prison term Monday.
SAN ANTONIO, Zambales — Gov. Jun Ebdane has urged the people of Zambales to "stop dreaming small" following the discovery of the province's largest hydrogen gas reserve a find that could transform the regional economy.
US private equity giant Carlyle said Monday it has signed a stock purchase agreement to acquire Chung Ho Group, which owns Korean home and healthcare appliance rental platform Chung Ho Nais.
Proxies for Japanese pension funds bought a record amount of overseas bonds last month, adding to signs of robust demand for foreign debt even as local yields climbed.
(ATTN: ADDS more info in paras 3-5; RECASTS headline, 1st para)
Lack of urban land will hold back city’s development as population grows, Hopewell Holdings chairman argues
Lack of urban land will hold back city’s development as population grows, Hopewell Holdings chairman argues
A screen in Tokyo shows the figures for the Nikkei Stock Average on the morning of June 8. (Photo by Hikaru Yagi)
South Korea's foreign exchange authorities signaled Monday their readiness to step in if won volatility continues, after the local currency slid to its weakest level since the global financial crisis.
SEOUL, June 8 (Yonhap) -- Financial authorities on Monday vowed to take strict action against excessive volatility and one-sided movements in the foreign exchange market amid the weakening Korean won.
SEOUL, June 8 (Yonhap) -- Loans extended to companies in South Korea grew at a faster pace in the first quarter compared with the previous three-month period, driven by strong demand from the service sector, central bank data showed Monday.
SEOUL, June 8 (Yonhap) -- The South Korean economy continued to improve gradually, supported by semiconductor-led strong exports, amid lingering uncertainties stemming from the Middle East, a state-run think tank said Monday.
Britain’s banks want to muscle in on Keir Starmer’s Brexit "reset" with the EU.
Fifty years ago, at the end of the sun-baked summer of 1976, Denis Howell was appointed the UK’s minister for drought. It promptly rained for two months straight, making him one of the most effective ministers in history. After a record European heatwave last month, politicians and populace need pragmatism more than…
SEOUL, June 8 (Yonhap) -- South Korean stocks were trading more than 6 percent lower late Monday morning as investors dumped market heavyweights amid a tech slump sparked by a U.S. chip slide and concerns over a possible hawkish pivot of the U.S. Federal Reserve. The local currency was trading sharply lower against …
Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)
U.K. Foreign Secretary Yvette Cooper wrote on X, "We must engage [with China] for the U.K.'s security and prosperity in line with British values." (Nikkei montage/Source photos by Reuters)
Images of damage on the southern Philippine island of Mindanao after a 7.8-magnitude earthquake struck in the sea near the city of General Santos on the southern tip of the island. (Source photos by Ernesto Torres Jr/AP)
The Hang Seng dropped by 1.8% when markets opened, the Tech Index fell by 3.1% and the mainland’s CSI 300 Index slipped 3.1%
The Hang Seng dropped by 1.8% when markets opened, the Tech Index fell by 3.1% and the mainland’s CSI 300 Index slipped 3.1%
Packages of Australian beef are displayed at a supermarket in Shanghai. Australian exporters are set to hit the quota China imposed on them for this year. (Photo by Wataru Suzuki)