Oil rallies and markets trim gains as Trump rejects Hormuz deal reports and US renews attacks | The National
Live updates: Follow the latest news on US-Iran war
· Shweta Jain
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Newest first · UTC+11:00Gov't receives record dividends in 2026 from state-invested companies
SEOUL, May 28 (Yonhap) -- The government has received a record amount of dividends from state-invested companies this year, the finance ministry said Thursday, led mostly by three major state-run banks.
· Kang Yoon-seung
‘Unlimited Possibilities’ by Kate Hancock and Daniel Robbins
UNLIMITED Possibilities is the story of two entrepreneurs who built businesses, brands and a life together by refusing to accept the limits other people tried to place on them. Written by husband and wife team Kate Hancock and Daniel Robbins, the book blends memoir, business lessons and practical mindset shifts draw…
· The Manila Times
Etihad Airways to launch hub at Ben-Gurion as UAE's flag airline schedules 42 weekly flights
Etihad Airways, the flag carrier of the United Arab Emirates capital Abu Dhabi, announced this week that starting June 15, it will expand to 42 weekly flights on its Tel Aviv route.
· ASHER SMITH
Google engineer charged with insider trading on Polymarket after netting $1.2 m. on search data
The US Justice Department has charged a Google software engineer with using insider information to rig bets tied to Google's most-searched list on prediction market Polymarket, earning $1.2 million in profits, according to a complaint unsealed on Wednesday.
· REUTERS
The £5 coffee that tells a story of global economic turmoil
Listen to Faisal read this story.
· Faisal Islam
New BOK chief signals looming rate hikes as inflation pressure builds
BOK projects chip boom will continue, lifting the country's economic growth by 0.6 percentage point
· Im Eun-byel
Gold continues to decline as inflation fears outweigh hopes of an end to the Iran war
The metal is down nearly 20 per cent from its all-time high in January as investors focus on the Federal Reserve’s plans to combat inflation
· Zhang Shidong
Gold continues to decline as inflation fears outweigh hopes of an end to the Iran war
The metal is down nearly 20 per cent from its all-time high in January as investors focus on the Federal Reserve’s plans to combat inflation
· Zhang Shidong
Korean investors chase US stocks despite Kospi rally
South Korea’s efforts to draw retail investors back to domestic markets through reshoring investment accounts, incentives and a surging Kospi are failing to slow the retail rush into US stocks.
· Choi Yeon-jae
Hana Financial unveils W3tr inclusive finance package
Hana Financial Group unveiled a new inclusive finance roadmap Thursday for small-business owners and low-credit customers, with measures including 3 trillion won ($2 billion) in loans and debt relief for long-term delinquent borrowers.
· Choi Ji-won
Merge Hong Kong’s 2 cross-boundary ferry piers to optimise capacity, lawmakers urge
Such a move could cater to rising demand from luxury yachts, they say, as ferry terminals record 6.5 per cent drop in passenger numbers in 2025
· Ambrose Li
Merge Hong Kong’s 2 cross-boundary ferry piers to optimise capacity, lawmakers urge
Such a move could cater to rising demand from luxury yachts, they say, as ferry terminals record 6.5 per cent drop in passenger numbers in 2025
· Ambrose Li
Culture minister says seeks 400 tln-won 'K-culture' market by 2030
SEOUL, May 28 (Yonhap) -- Culture Minister Chae Hwi-young said Thursday the government will seek to expand South Korea's "K-culture" market to 400 trillion won (US$265 billion) by 2030, up from the previous target of 300 trillion won.
· Lee Minji
Meta launches paid subscriptions for Instagram, Facebook, WhatsApp
SAN FRANCISCO — Meta on Wednesday launched paid subscription plans for its flagship apps, marking a major push by the tech giant to diversify beyond its longtime reliance on advertising revenue.
· Agence France-Presse
Viking de-risks Nevada tungsten project with big metallurgy win
Viking Mines has delivered a step-change processing breakthrough at its flagship Linka project in Nevada, producing a premium tungsten concentrate from a combined gravity separation and flotation circuit.
· Murray Ward
US banks charge ahead with American AI in Hong Kong despite geopolitical tensions
US AI companies have restricted access for users in Hong Kong and mainland China, forcing banks to navigate a compliance minefield
· Vincent Chow
US banks charge ahead with American AI in Hong Kong despite geopolitical tensions
US AI companies have restricted access for users in Hong Kong and mainland China, forcing banks to navigate a compliance minefield
· Vincent Chow
Japan's IHI receives first images from observation satellites
Japanese defense contractor IHI has begun receiving imagery from its observation satellites. (Photo by Kotaro Igarashi)
· Staff Writer
‘Corporate bullying’: Melbourne brothel sues bank for discrimination
The owner of a South Melbourne brothel has accused Bendigo Bank of breaching discrimination laws when it shut down his accounts in a legal battle playing out before the Victorian Supreme Court this week.
· Kishor Napier-Raman
CNBC Daily Open: Hostilities heat up, market rally cools
Hello, this is Leonie Kidd writing to you from London. Welcome to today's edition of the Daily Open newsletter.
· Leonie Kidd
Cho asks Singapore to help foster conditions for dialogue with North Korea
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…
· Jung Min-kyung
China's Tencent to open payments network for PayPal users
The PayPal logo hangs displayed outside their company headquarters, March 10, 2015, in San Jose, Calif. (AP Photo/Jeff Chiu, File)
· Chan Ho Him
Alibaba.com launches AI-powered Accio Work in Korea
New service to support local SMEs, startups entering global market
· Kan Hyeong-woo
Business groups are howling over the budget, and it’s getting messy
May 28, 2026 — 3:15pm
· Elizabeth Knight
Water, power sevice interruptions to hit Metro Manila, nearby provinces
(UPDATE) MANILA, Philippines — Water and power service interruptions will hit several areas in Metro Manila and nearby provinces from May 28 to 31 due to maintenance, upgrading of facilities and relocation work.
· Nazylen Joy Mabanglo
Why Ferrari’s rocky EV launch may not be the disaster investors fear
Ferrari's stock plummeted after it unveiled its first fully electric vehicle, which was criticized by the luxury carmaker's former boss and even Italy's transport minister.
· Sam Meredith
Regulator to ramp up efforts to detect, crack down on online phishing
SEOUL, May 28 (Yonhap) -- The country's financial regulator said Thursday that regular, systematic cooperation among related government agencies will be made to better detect and crack down on new types of online phishing crimes.
· Park Sang-soo
Gov't vows to tackle tourist overcharging ahead of BTS concert in Busan
SEOUL, May 28 (Yonhap) -- The government plans to take stern measures against attempts to overcharge tourists at major travel destinations, the finance ministry said Thursday, amid concerns over price gouging by accommodations in Busan ahead of K-pop megagroup BTS' concerts.
· Kang Yoon-seung
London 'Billionaires' Row' penthouse used by Ariane Grande on sale for £17m | The National
A penthouse apartment on one of the most expensive residential streets in Britain is up for sale, priced at £16.95 million ($22.7 million).
· Paul Carey
'King of Cashmere' CEO on outperforming the luxury slowdown: Don't be greedy
COPENHAGEN, Denmark – On the day of its IPO in 2012, Brunello Cucinelli issued an uncommon ultimatum to investors: if they wanted short-term profits achieved by harming the environment or damaging people, they should not invest.
· Elsa Ohlen
London 'Billionaires' Row' penthouse used by Ariana Grande on sale for £17m | The National
A penthouse apartment on one of the most expensive residential streets in Britain is for sale at £16.95 million ($22.7 million).
· Paul Carey
Listed firms' dividend payouts rise some 17 pct in 2025: data
SEOUL, May 28 (Yonhap) -- Dividend payouts by listed firms in South Korea rose about 17 percent from a year earlier in 2025 amid a rally in the local stock market, data showed Thursday.
· Deok-Hyun Kim
N. Korea rejects Quad call for denuclearization, says nuclear program will never end
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…
· Jung Min-kyung
Japan's car exports to war-hit Middle East plummet in April
Japan's car exports to the Middle East account for 13% of its total overseas shipments of the vehicles by value. (Photo by Toshiaki Sasatsu)
· Staff Writer
Japan's car exports to war-hit Middle East plummet 90% in April
Japan's car exports to the Middle East account for 13% of its total overseas shipments of the vehicles by value. (Photo by Toshiaki Sasatsu)
· Staff Writer
US stocks inch to more records after oil prices drop
NEW YORK — US stocks inched to more records Wednesday after oil prices fell and eased the pressure on households and businesses worldwide.
· Associated Press
Vietnam’s To Lam seeks to ‘re-energise’ Thai ties with trade, Ho Chi Minh’s legacy
The president, who visited Ho Chi Minh’s former home in Udon Thani, will meet the Thai king and hold talks with PM Anutin
· Aidan Jones
Vietnam’s To Lam seeks to ‘re-energise’ Thai ties with trade, Ho Chi Minh’s legacy
The president, who visited Ho Chi Minh’s former home in Udon Thani, will meet the Thai king and hold talks with PM Anutin
· Aidan Jones
The strange surveilled life of Piper Rockelle: why did a former child influencer decide to go on OnlyFans?
She made millions as a tween and teenager by posting clips of herself and her friends on YouTube. Then the business collapsed amid acrimony. What does her success in the adult industry, at 18, say about surveillance, social media and sexualisation?
· Ameliagentleman
Critical Resources hails sulphur-free battery breakthrough
Critical Resources has added weight to its battery technology program after reporting its sulphur-free electrolyte has delivered room-temperature performance comparable to that of leading sulphide-class materials.
· Doug Bright
Asian shares are mostly lower after fresh US strikes against Iran
A person stands in front of an electronic stock board showing Japan’s Nikkei index, seen through the glass wall of an office building in Tokyo, May 7, 2026. (AP Photo/Eugene Hoshiko, File)
· Elaine Kurtenbach
Chinese private lodge operators struggle in Osaka as regulations tighten
New buildings constructed for use as private lodges, or minpaku, stand out amid an old residential neighborhood in Osaka's Nishinari Ward. (Photo by Yo Inoue)
· Staff Writer
Chinese inn owners struggle in Japan's Osaka as regulations tighten
New buildings constructed for use as private lodges, or minpaku, stand out amid an old residential neighborhood in Osaka's Nishinari Ward. (Photo by Yo Inoue)
· Staff Writer
Chinese inn owners struggle in Japan's Osaka as regulations tighten
New buildings constructed for use as private lodges, or minpaku, stand out amid an old residential neighborhood in Osaka's Nishinari Ward. (Photo by Yo Inoue)
· Staff Writer
Chinese lodging owners struggle in Japan's Osaka as regulations tighten
New buildings constructed for use as private lodges, or minpaku, stand out amid an old residential neighborhood in Osaka's Nishinari Ward. (Photo by Yo Inoue)
· Staff Writer
(3rd LD) BOK holds key rate steady but signals possible rate hike amid inflation pressure
(ATTN: RECASTS headline; ADDS more info in paras 9-13, 16-17, 20-21)
· Kim Boram
Pacgold kicks off aggressive gold growth push at SA production play
Pacgold Limited has fired up the drill rig at its Vertigo deposit in South Australia to kick off multiple follow-up resource growth campaigns for an accelerated full-scale production restart at its White Dam project.
· Andrew Todd
Coconut Cartel decapitated as police swoop on alleged Sydney boss
Police have dismantled what they say is the Australian operation of the so-called Coconut Cartel, a gang locked in a months-long feud with the Alameddine crime family over control of Sydney’s illicit drug market, after seizing almost 400 kilograms of methamphetamine and arresting its alleged onshore leader.
· Riley Walter
West Wits breaks into ready-made South African gold production zones
West Wits Mining has posted a double-barrelled win at its flagship Witwatersrand Basin project in South Africa, successfully popping its 1 West decline through into the historical 2 Level mining horizon while simultaneously broadening its ongoing scoping study to target regional growth.