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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 fell on Friday and headed for a second straight weekly decline, as a shaky US-Iran ceasefire and signs of weakening Asian demand outweighed a midweek bounce.
(ATTN: UPDATES with closing figures in paras 2-3)By Kim Boram
A board shows Nikkei Stock Average trading activity on May 29 in Tokyo. Asian stocks soared amid expectations for a tentative deal between the U.S. and Iran. (Photo by Rie Ishii)
Over seven years, Mary’s Underground has sold more than 150,000 tickets to 1000 shows, staged by 3000 artists, all in its famed Circular Quay basement. But on Friday, the team behind the popular live music venue announced that it would close due to financial reasons.
Li Auto's L9 Livis is displayed at the company's booth at the Beijing auto show on April 26. © Reuters
BUSAN, May 29 (Yonhap) -- With LIV Golf hosting its second tournament in South Korea this week, the country has always been and will remain a crucial market for the tour, its senior official said Friday.
There’s a ‘big gap’ in the market for the ancient tipple, one bar owner says, as more restaurants add Korean rice wines to their menus
There’s a ‘big gap’ in the market for the ancient tipple, one bar owner says, as more restaurants add Korean rice wines to their menus
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Seoul is accepting nominations for its 2026 honorary citizenship program, which recognizes foreign residents who have contributed to the city in fields such as culture, the economy, welfare, science and AI.
Regulators are moving to tighten oversight of brokerage research, aligning assessment criteria more closely with policy goals
Regulators are moving to tighten oversight of brokerage research, aligning assessment criteria more closely with policy goals
The US-Iran rollercoaster rolls on, with every day a new revelation and a new reality. As the week started, investors saw a potential peace deal quickly escalate to war and attacks by the United States by lunchtime, only for the following day to see it back to promises of a deal by President Trump, followed by yet m…
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Analysts cut earnings forecasts for online brokerage following Beijing’s latest crackdown on cross-border trading
Analysts cut earnings forecasts for online brokerage following Beijing’s latest crackdown on cross-border trading
A labour hire company linked to criminals and drug traffickers which secured Victorian government funding and a major contract on Australia’s biggest federal government-backed wind farm has had its licence torn up after authorities discovered it was also secretly managed by a violent murderer.
SEOUL, May 29 (Yonhap) -- Even as the benchmark Korea Composite Stock Price Index (KOSPI) continued its record-breaking rally toward the unprecedented 9,000-point mark, rising volatility is fueling concerns that gains were increasingly concentrated in a handful of heavyweight stocks, bourse data showed Friday.
Global air passenger demand fell 3.4 per cent in April as a sharp decline in traffic linked to the Middle East conflict outweighed growth in other regions, according to the International Air Transport Association.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
Georgia celebrated its Independence Day in Seoul this week, highlighting deepening relations with South Korea and growing cooperation in trade, investment, infrastructure and cultural exchange.
Jetstar’s boss has suggested that new aviation consumer protections posed a threat to the existence of the low-cost carrier, saying the regime would leave the airline lumbered with higher costs and on the hook for problems over which it has no control.
Indian steelmakers are seeking to move up the value chain by localizing production of high-end steel. © Reuters
Hyundai Engineering & Construction said Friday it has begun sales for Hillstate Seonam Lake Park, a large-scale residential complex in Yaeum-dong, Nam-gu, Ulsan.
Paris Baguette said Friday it obtained official halal certification in Indonesia from the Halal Product Assurance Organizing Agency, accelerating its expansion in the Southeast Asian market.
MANILA, Philippines — A Chinese automotive design and engineering firm wants to advance electric vehicle (EV) production in the Philippines and even develop a local brand, the Department of Trade and Industry (DTI) said on Thursday.
Fri 29 May 2026 at 3:42pm
MANILA, Philippines — The Philippine Stock Exchange (PSE) has retained several long-serving directors in its 2026-2027 board slate following regulatory relief that gave incumbents another opportunity to remain part of the bourse’s governing body.
BYD is betting on its chipmaking capabilities to cut costs and boost sales of its electric vehicles. © Reuters
SEOUL, May 29 (Yonhap) -- South Korea will prioritize policies to speed up housing supply and address volatility in the property market while tackling speculative trading, the finance minister said Friday.
The agreement covers eight early-stage trials from Innovent and four discovery programmes from global giant Pfizer
The agreement covers eight early-stage trials from Innovent and four discovery programmes from global giant Pfizer
Woori Bank has opened an Asia headquarters in Singapore as the South Korean lender strengthens its corporate finance and investment banking business across the region.
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…
European Central Bank policymakers face a dilemma as efforts to combat inflationary pressures with interest rate hikes risk tipping a fragile euro zone economy into recession — but they may not have to lift a finger.
Nvidia has committed at least $6.5 billion into companies developing photonics technology in the past three months, as the company races to invest in solving one of the major bottlenecks to the rollout of AI.
The launch that turned into a PR crisis for Ferrari started about six weeks ago when an invitation landed in my inbox to come to the unveiling of the Luce, its very first full electric car.
SEOUL, May 29 (Yonhap) -- Foreign investors net purchased 22.7 trillion won (US$15.1 billion) worth of South Korean Treasury bonds since the country began the phased inclusion in the World Government Bond Index (WGBI), a key global bond benchmark operated by FTSE Russell, the finance ministry said Friday.
With the UAE's new salary protection rules taking effect on June 1, private sector workers have a strengthened set of rights if wages do not arrive on time, according to experts.
KakaoTalk is South Korea’s most-used instant messaging service. © Getty Images
Police raided Seoul city offices and construction companies Friday as authorities widened their investigation into the overpass collapse that killed three workers earlier this week.
Foxconn Chairman and CEO Young Liu, center, speaks at the company's annual general meeting in New Taipei on May 29. (Photo by Lauly Li)
Fri 29 May 2026 at 2:02pm
Fri 29 May 2026 at 1:17pm
Trader Robert Arciero works on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)
Recruiters and executives say that junior and back-office support roles will be among the first hit as banks, insurers and other employers adopt AI. (Nikkei montage/Source photos by AP)
Country looking to issue offshore sovereign green bonds and tap global capital to invest in green development
Country looking to issue offshore sovereign green bonds and tap global capital to invest in green development
SEOUL, May 29 (Yonhap) -- Banks' household mortgage loan rates fell in April, ending a six-month upward trend, amid tighter regulations aimed at stabilizing the housing market, data showed Friday.