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The effects that AI will have on the world economy, says Dr. Michael Gofman, senior lecturer in finance and head of the PhD Program at the Hebrew University Business School, cannot be overstated. “The entire economy is going to undergo an enormous transformation,” he says. “It can be relatively smooth and controlled…
Russia has suspended the sale of several Armenian alcoholic products, widening a series of trade restrictions that come amid increasingly strained relations between Moscow and Yerevan, Russia’s consumer safety watchdog said.
The American Chamber of Commerce in Korea hosted a special luncheon in Seoul on Thursday featuring Mick Mulvaney, former acting White House chief of staff under US President Donald Trump, to discuss the future direction of US policy and its implications for Korea and global business.
LG Electronics said its OLED TVs ranked first in consumer media evaluations across 14 countries, strengthening its position in the global premium TV market.
Tesla hasn’t had a blockbuster new product since the Model Y sport utility vehicle went on sale in 2020.
Japanese stocks climbed across the board in Tokyo, helping lift the Tokyo Stock Price Index (Topix) to an all-time high on May 25. (Photo by Nanami Sato)
Authored by Thomas Brooke via Remix News,
Officially endorsed for a second term, Nigerian President Bola Ahmed Tinubu is leaning heavily on his economic record, defending painful reforms even as soaring living costs continue to test public patience.
Ottawa’s import quotas slow BYD, Geely and Chery as Korean automaker gains room in high-margin SUV and hybrid market
Oil prices slipped below $100 a barrel on Monday on hopes of a deal between the US and Iran, after President Donald Trump said the Strait of Hormuz blockade would stay in place until an agreement is sealed.
Shares in Delivery Hero rose over 10% on Monday morning following a Financial Times report that U.S. rival Uber weighed an improved bid for the German food delivery firm.
While LVMH, Hermes and Prada recorded increased sales in Chinese market, Kering reported a decline
While LVMH, Hermes and Prada recorded increased sales in Chinese market, Kering reported a decline
Toyota plans to cut overseas production of cars, including IMV series. (Toyota Motor)
Labor’s pre-election promise of a $1,000 standard tax deduction and $250 ‘working Australians tax offset’ will be included in the draft laws
Augustus Minerals has wasted little time getting back on the rig at its Music Well gold project near Leonora in WA, launching an immediate follow-up drilling campaign after a promising maiden program at the Clifton East prospect.
A proposed agreement between Tehran and Washington would extend the current ceasefire by 60 days, creating time for negotiations on Iran’s nuclear programme and the gradual reopening of the Strait of Hormuz, Financial Times reported, quoting a diplomat.
London, Paris, Madrid, Rome and Ottawa have rejected a proposal for NATO member states to spend 0.25% of their GDP on the provision of military assistance to Ukraine, the Telegraph has reported.
The UK, France, Spain, Italy, and Canda have rejected a proposal for NATO member states to spend 0.25% of their GDP on military assistance to Ukraine, The Telegraph has reported.
Australia faces a race against time to avoid another fuel price shock, as analysts watch to see if the latest breakthrough to end the Iran war can deliver cuts to the cost of oil before the Albanese government’s 26¢ excise relief expires at the end of June.
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 have fallen sharply and Asian stock markets have risen on hopes of a deal that could bring an end to the US-Israel war with Iran.
United States Secretary of State Marco Rubio speaks to the journalists before boarding his plane at Indira Gandhi International Airport in New Delhi, India, Monday, May 25, 2026. (AP Photo/Julia Demaree Nikhinson, Pool)
May 25, 2026 — 3:38pm
Kao products line the shelves of a store in Jakarta: The Japanese consumer products maker is being squeezed at both ends by weak spending and higher costs. (Photos by Natsumi Kawasaki)
Singapore on Monday reported lower-than-expected inflation for April at 1.8% in April, as the higher costs of energy due to the Iran war will take meaningful effect only from the third quarter.
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…
A hydrogen facility operated by SEDC Energy in Malaysia's Sarawak state. (Photo by Norman Goh)
Banks report there are 120 million fewer active credit cards in China with 687 million customer accounts, a dramatic drop from 2022’s peak
Banks report there are 120 million fewer active credit cards in China with 687 million customer accounts, a dramatic drop from 2022’s peak
1898 -- Korea opens three ports to foreign trade. People and goods from overseas begin to stream into the country through Masan, Gunsan and Hamheung.
London — Outsized returns for memory-related stocks have helped fuel substantial gains in U.S. and South Korean equity markets in recent years — but market watchers warn investors forget the market's cyclicality at their own risk.
Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, Jeff Currie, Carlyle's chief strategy officer of energy pathways, said Monday, underscoring the global energy shock due to the Iran war.
Samsung Electronics ranked first in smartphone market share across Latin America, the Middle East and Southeast Asia in the first quarter, maintaining its lead despite weaker regional demand and rising smartphone prices.
Samsung Electronics is forecast to post its strongest quarterly results on record in the second quarter, as a memory market reshaped by AI demand keeps prices climbing even as the wage settlement that pulled the company back from a strike still awaits a ratification vote closing Wednesday.
MANILA, Philippines — 2GO Group Inc. and SMX Convention Center have expanded their partnership to provide integrated logistics and transport solutions for exhibitors, event organizers, and corporate clients holding events across the country.
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…
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…
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Kagome is switching to partially transparent packaging for its ketchup after being notified that supplies of white ink were unstable. (Kagome)
Aurum Resources has cleared a major hurdle on the road to becoming a gold producer in the West African nation of Côte d’Ivoire, after securing three environmental approval certificates for its 3.22 million-ounce Boundiali gold project.
MANILA, Philippines — Maynilad Water Services Inc. on Monday said that it was conducting emergency repair activities on a damaged pipeline in Ermita, Manila to prevent further water loss in affected areas.
Dalaroo Metals has wrapped up planning and mobilisation activities for a highly anticipated 2026 exploration season at the company’s Blue Lagoon critical minerals project in southern Greenland.
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The Korea Herald has hosted events to mark Africa Day on May 25 since 2024, bringing together African diplomats, Korean government officials and business leaders to strengthen ties through diplomacy, business and cultural exchange.
Some firms have scrapped investment plans to ‘restart from scratch’ after difficulty securing property, researcher says
Some firms have scrapped investment plans to ‘restart from scratch’ after difficulty securing property, researcher says
At the battle of Alesia in 52 BCE, Julius Caesar encircled a key hill-fort in today’s eastern France, while himself being besieged by a larger Gallic relief force. The leaders of the current wars of oil blockades and sanctions lack Caesar’s genius, but they have created an even more confusing tangle of mutual encirc…
MADRID — Thousands of people rallied in central Madrid on Sunday against spiraling housing costs that have priced many Spaniards out of the housing market despite a recent economic boom, particularly in cities such as the country's capital and Barcelona.
Nearly 15 million Americans moved in 2025, with many relocating across state lines in search of lower costs, job opportunities, and warmer climates.