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A controversial program designed to save $250 million through cutting hundreds of jobs at the Australian National University could not be justified by the state of the institution’s finances, according to a damning report released late on Thursday.
Hello, this is Katie Foley writing to you from London. Welcome to today's edition of the Daily Open newsletter.
Some will question its credibility. But the alternative future to the one imagined in the World Justice Report is far more bleak
Lawmakers say new route set to be launched next year will strengthen business ties and bring tourists to Hong Kong shores, with visa-free access under discussion
Lawmakers say new route set to be launched next year will strengthen business ties and bring tourists to Hong Kong shores, with visa-free access under discussion
Brokerage says tokenization of stocks, bonds and funds will blur lines between traditional finance and digital assets
Police deployed water cannon after protesters breached a security cordon near government buildings and demanded the cancellation of the development. Demonstrators carried signs reading "Keep your hands away from Narta" and called for the resignation of officials backing the scheme. The project, which has been linked…
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…
SEOUL, June 4 (Yonhap) -- Tesla remained at the top of South Korea's imported car market for the fourth consecutive month in May, driven by strong sales of its Model Y, industry data showed Thursday.
SEOUL, June 4 (Yonhap) -- The country's financial regulator said Thursday that it plans to set up an artificial intelligence (AI)-based insurance fraud prevention system this year.
Iranian Parliament Speaker and special representative for China affairs, Mohammad Bagher Ghalibaf, held the first joint meeting with key economic officials on Wednesday to align Tehran's economic strategy toward Beijing.
June 4, 2026 — 3:55pm
Nvidia CEO Jensen Huang is expected to meet Krafton executives during his visit to Seoul this week, as the two companies explore deeper cooperation in physical AI and next-generation AI computing.
Ardea Resources has received another official government nod for its Kalgoorlie nickel project’s (KNP) Goongarrie Hub, this time at the State level, after being awarded Lead Agency Status by the Western Australian government to streamline project approvals.
Governments begin talks on reciprocal deal to extend visa-free stays to 30 days and boost trade, tourism and regional ties
Governments begin talks on reciprocal deal to extend visa-free stays to 30 days and boost trade, tourism and regional ties
Samsung Heavy Industries has received notice to proceed for the first floating liquefied natural gas project in the United States, marking a major milestone for both the company and the emerging North American FLNG market.
Advance Metals has roared out of the blocks in Mexico, with the first diamond drill hole from a maiden program at its wholly owned Gavilanes project returning a 33.9-metre zone of high-grade silver mineralisation.
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…
(ATTN: RECASTS headline; ADDS more info in first 5 paras, photo; RESTRUCTURES)
Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector. Other Asian tech giants also saw their share prices fall.
SEOUL, June 4 (Yonhap) -- South Korea will utilize tariff-rate quotas and reserve releases to tackle lingering inflationary pressure in the aftermath of supply disruptions caused by the Middle East war, the finance ministry said Thursday.
TMK Energy has moved a step closer to its goal of declaring its Mongolian Gurvantes XXXV coal seam gas pilot well project commercial after posting higher May production.
Saitama Prefectural Police arrested a 43-year-old man Tuesday on suspicion of obstructing business operations after he posted a video of himself allegedly pouring a detergent-like liquid over a plate of sushi at a restaurant on social media.
Thu 4 Jun 2026 at 2:47pm
SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk’s rocket, satellite and artificial intelligence company aims for a historic debut that could clear a path for more mega-listings.
SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk’s rocket, satellite and artificial intelligence company aims for a historic debut that could clear a path for more mega-listings.
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Locksley Resources has confirmed high-grade neodymium and praseodymium-enriched rare earths mineralisation at its El Campo prospect in America.
SEOUL, June 4 (Yonhap) -- Five banks were slapped with some 600 billion won (US$393 million) in penalties by the financial watchdog Thursday over their mis-selling of equity-linked securities (ELS) products tracking Hong Kong's H Index.
AROUND 1,000 public school teachers and non-teaching personnel struggling with garnished salaries will soon find financial relief as the Department of Education (DepEd) and the LandBank of the Philippines formalized a partnership aimed at helping education workers regain financial stability and peace of mind.
Pet food maker Fubei (Shanghai) has filed an application for an initial public offering in Hong Kong
Pet food maker Fubei (Shanghai) has filed an application for an initial public offering in Hong Kong
Elon Musk departs after a welcome ceremony with President Donald Trump and China’s President Xi Jinping at the Great Hall of the People, Thursday, May 14, 2026, in Beijing. (AP Photo/Mark Schiefelbein, File)
Boston is a key part of Massachusetts' innovation economy. The state, home to around 7 million people, has expanded its economic output by about 30% over the past five years, reaching $820 billion in 2025. © Reuters
The government has promised an investment worth £1.3bn in infrastructure to support the planned Universal United Kingdom Resort.
For generations, the Strait of Hormuz has been viewed through the lens of energy. Whenever tensions rise in our region, the conversation inevitably turns to oil tankers, shipping lanes and the implications for global markets. That is understandable. Few waterways carry greater significance for the world economy.
MOST of the Filipino-developed technologies and innovations often remain in laboratories and fail to reach the global market due to insufficient proof of readiness.
TSMC Chairman and CEO C.C. Wei attends the company’s annual general meeting in Hsinchu, Taiwan, on June 4. (Photo by Ken Kobayashi)
Remarks follow congressional criticism over Seoul's probe into US-listed Coupang and other American companies
Ukrainian long-range drones struck an oil terminal in St. Petersburg and set it ablaze, Ukrainian President Volodymyr Zelenskyy said Wednesday, sending smoke billowing over the city where Russian President Vladimir Putin was born as it hosts Russia's leading event for attracting foreign capital.
For most individuals and businesses, rent is one of their biggest expenses. From a studio apartment to an entire floor of office space, big changes in the property market or sudden economic shocks can magnify worries about paying for a home to live in or premises to run a company from.
Walk through the center of most towns in England on a slow weekday afternoon and the story tells itself. The empty shopfront. The pub that didn’t reopen after the pandemic. The independent restaurant that could no longer afford staff. Return on the recent May bank holiday, the hottest on record, and the economic imp…
After building 428 trillion won global ETF business, founder bets on AI, digital assets and new 'killer products'
Yoshinobu Tsutsui, head of the Japan Business Federation, or Keidanren, has stressed the importance of “steadily boosting” the growth potential of the country’s economy.
TSMC Chairman and CEO C.C. Wei attends the company’s annual general meeting in Hsinchu, Taiwan, on June 4. (Photo by Ken Kobayashi)
June 4, 2026 — 12:04pm
BRUSSELS — Alexandr Vondra, a Czech member of the European Parliament, did not disclose his role as honorary chair of an influential think tank in the Czech Republic, despite negotiating files affecting the companies funding the organization.
Hello, this is Dylan Butts writing to you from Singapore. Welcome to the latest edition of the Daily Open newsletter.