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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.
China is drinking far less wine than a few years ago. To turn the tide, the industry must work with Chinese influencers, an insider says
China is drinking far less wine than a few years ago. To turn the tide, the industry must work with Chinese influencers, an insider says
Amir used to enjoy visiting the Symposium Restaurant, a smart outlet in northern Tehran serving French-style patisserie and pasta alfredo alongside live music performances.
Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can hold hundreds of millions of barrels, it would still become fragile once working stocks fell too low. Like blood pressure in the human body, the issue is cir…
Yates says ‘we have let ourselves down’ when dealing with allegations of client information being misused
Industrial output in Japan rose in April, helped by increases in machinery production. (Photo by Naoki Hori)
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MANILA, Philippines — Motorists may get relief from lower fuel prices next week, with diesel and gasoline pump prices seen to decline sharply as global oil prices eased amid developments in the Middle East war, local oil industry sources said.
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)
MANILA, Philippines — The National Grid Corp. of the Philippines (NGCP) placed the Visayas grid under red and yellow alert statuses on Friday, as several power plants remained unavailable amid high electricity demand.
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Global credit rating agency S&P Global Ratings has upgraded the financial strength ratings of Hanwha Life Insurance and Hanwha General Insurance to A+ from A, citing stronger financial fundamentals, stable profitability and growing contributions from overseas businesses.
The Department of State said it was sanctioning several entities, individuals "involved in the transportation of Iranian petroleum or petrochemical products".
Aureka Limited has officially got the drill rods spinning at its historic St Arnaud Comstock gold project in Victoria, wheeling a diamond rig into the old Walkers pit to unlock near-term production potential.
South Korea's tax revenue increased nearly 13 percent in April from a year earlier on the back of the recent bullish run in the stock market, data showed Friday.
NASA unveiled plans earlier this week for a lunar base as the U.S. finds itself locked in a multi-domain race with China, one that stretches across energy, compute, weapons, drones, trade, rare earths, shipbuilding, and now the Moon.
Innovent Biologics and Pfizer plan to collaborate on licensing, co-development and co-commercialization for 12 oncology programs. (Source photos by Reuters and Getty Images)
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MANILA, Philippines — The Maritime Industry Authority (MARINA) issued a clarification on Friday regarding the imposition of penalties on seafarers working aboard international vessels with expired identification and record documents.
SEOUL, May 29 (Yonhap) -- South Korea's tax revenue increased nearly 13 percent in April from a year earlier on the back of the recent bullish run in the stock market, data showed Friday.
SEOUL, May 29 (Yonhap) -- The government will extend active support for the electrical equipment industry to keep the sector's strong export momentum fueled by the global artificial intelligence (AI) boom, the trade minister said Friday.
BRUSSELS — European Commission President Ursula von der Leyen will ask top officials to support a major crackdown on subsidized Chinese imports, setting the stage for a battle with EU countries that still want to protect their ties to Beijing.
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Michael Dell bought into President Donald Trump's second term early. Now his hardware company Dell Technologies is closing out its best month on Wall Street since its return to the public market in 2018.
Tyson Foods CEO Donnie King is stepping down after five years at the helm of the nation's largest meatpacker, with the stock having languished under his tenure as the company battled some of the worst cattle-market conditions in a generation.
Hello, this is Dylan Butts writing to you from Singapore. Welcome to today's edition of the Daily Open newsletter.
Chinese investors are putting more money into private equity, venture capital and other private funds amid a surge in tech investment
Chinese investors are putting more money into private equity, venture capital and other private funds amid a surge in tech investment
South Korea's industrial output lost ground in April from a month earlier, data showed Friday, with retail sales and facility investment sliding amid economic uncertainties stemming from tensions in the Middle East.
Government has proposed HK$4.6 billion lifeline for operator after years of losses amid changing business environment
Government has proposed HK$4.6 billion lifeline for operator after years of losses amid changing business environment
(ATTN: ADDS details throughout, photo)By Kang Yoon-seung
SEOUL, May 29 (Yonhap) -- The government will amend existing policies to encourage South Korean companies operating overseas to return home as part of efforts to boost the country's industrial base amid the rise of global trade protectionism, the industry ministry said Friday.
A tip from the authorities in Andorra about a suspiciously wealthy Sicilian woman in their midst helped investigators solve an enduring mystery about one of Italy’s most notorious mobsters, known for his blood lust and business savvy.
KPMG has accepted the resignations of its current chief executive Andrew Yates and another senior partner Julian McPherson after confirming another instance where confidential client data was allegedly used to win new business with other clients.