OpenAI chief executive Sam Altman downplayed the threat of AI killing jobs just days after WiseTech informed the police of “threats of violence” against its CEO, who is using the technology to replace thousands of its workers.
SEOUL, May 26 (Yonhap) -- South Korea's financial watchdog said Tuesday it has placed 42 highly indebted conglomerates under closer watch for debt reduction efforts, with Samsung Electronics Co. topping the list for the first time in eight years.
Critical Resources has kicked off its gold hunt across the Tasman in style, bagging high-grade rock-chip assays up to 5.42 grams per tonne gold (g/t) and defining a major new 600-metre-long soil anomaly at its early-stage Lammerlaw gold project in Central Otago, New Zealand.
SEOUL, May 26 (Yonhap) -- South Korean financial companies and pension funds' investments in overseas private debt funds totaled nearly 56 trillion won (US$37.2 billion) this year, data showed Tuesday.
SEJONG, May 26 (Yonhap) -- South Korea's customs agency said Tuesday it has simplified regulations to allow U.S. crude routed through third countries to remain eligible for benefits under the bilateral free trade agreement (FTA), in line with efforts to stabilize the supply amid tensions in the Middle East.
Herald Media Group, publisher of The Korea Herald and Herald Business, held a charity golf tournament Thursday to support the global promotion of Hangeul, the Korean writing system.
ClearVue Technologies has cracked open the Indian market after signing a manufacturing and distribution agreement with Aria Glass Industries, giving the smart building materials company a direct local pathway into one of the world’s biggest construction markets.
A person stands in front of an electronic stock board showing Japan’s Nikkei index, seen through the glass wall of an office building Monday, May 25, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
SEOUL, May 26 (Yonhap) -- Trade officials from South Korea and China have held talks to discuss the two countries' export control measures affecting bilateral trade of rare earths and critical minerals, Seoul's ministry said Tuesday.
Viking Mines has officially cleared the runway for its highly anticipated assault on American critical minerals, signing a contract with US-based contractor DrilCor for a maiden 63-hole reverse circulation (RC) drilling campaign at its highly prospective Linka tungsten project in Nevada.
Infini Resources has narrowed its hunt for a district-scale uranium discovery at its Portland Creek project in Newfoundland, Canada, after completing the first modern helicopter-supported geophysical survey across the broader tenure.
SEJONG, May 26 (Yonhap) -- South Korea will seek to promote a post-Middle East crisis growth strategy in the second half, focusing on bolstering supply chains and strengthening energy security, the finance ministry said Tuesday.
DALLAS, Texas — After three terms in the US House and two unsuccessful campaigns for the US Senate, Colin Allred said he’s heard plenty about voters’ suspicions that politicians are just trying to make a buck in Washington.
OTTAWA, Ontario — Canadian Prime Minister Mark Carney's recent visit to India has helped pave the way for a complete reset of Canada-India relations, India's trade minister said Monday. The ties were strained under Carney's predecessor in the wake of the 2023 killing of a Sikh activist in Canada.
Last September, when the memory bubble was just getting started, we said that inevitably "the cure for high commodity prices is, well, high commodity prices." While many financial market maxims have quietly ceased working in recent years thanks to rigged markets due to central bank interventions and market manipulat…
SEJONG, May 26 (Yonhap) -- South Korea aims to tighten surveillance on cross-border cryptocurrency transactions in line with efforts to curb illegal activities, the finance ministry said Tuesday.
The Brazilian government said Monday it has committed 3.1 billion reais ($617.5 million) to foster ecological investment in the Amazon region, as part of a plan to expand a federal program known as Eco Invest that was announced during last year’s COP30 — the annual United Nations climate summit it hosted last year.
The UAE's construction sector is moving away from a focus on property towards infrastructure following the outbreak of the Iran war, amid a flood of project announcements by the government, an industry executive has said.
SEOUL, May 26 (Yonhap) -- South Korean stocks traded higher over the 8,000-point level as investors were buoyed by progress on a Washington-Tehran peace deal despite new U.S. strikes on Iran.
The industry ministry on Tuesday discussed ways to accelerate the artificial intelligence transformation of the battery industry, currently facing sluggish growth amid the electric vehicle market slowdown.
SEOUL, May 26 (Yonhap) -- The Bank of Korea (BOK) is expected to keep the benchmark interest rate unchanged at its monetary policy meeting later this week for an eighth consecutive meeting, though its policy stance is likely to turn more hawkish amid rising inflation and stronger-than-expected economic growth, analy…
Canadian Prime Minister Mark Carney's recent visit to India has helped pave the way for a complete reset of Canada-India relations, India's trade minister said Monday. The ties were strained under Carney's predecessor in the wake of the 2023 killing of a Sikh activist in Canada.
NeuroScientific Biopharmaceuticals has delivered another promising set of patient outcomes from its StemSmart stem cell therapy, reporting that four of the five patients treated for fistulising Crohn’s disease under its Special Access Program demonstrated a clinical response.
PARIS — When it comes to the economy, France’s far-right National Rally party has an identity crisis — and its adversaries see an opportunity to go on the attack.
Leung Ho-hin hopes to continue living in his childhood home at Wang Fuk Court, but the government plans to buy back his third-floor unit. (Photo by Anne Chan)
SEOUL, May 26 (Yonhap) -- The industry ministry on Tuesday discussed ways to accelerate the artificial intelligence (AI) transformation of the battery industry, currently facing sluggish growth amid the electric vehicle (EV) market slowdown.
The Tokyo District Court on Monday found two former executives of Japanese artificial intelligence developer Alt guilty of window dressing in violation of the financial instruments and exchange law.
Amid the flood of AI doomerism, from Pope Leo XIV's Monday warning that AI and the digital transformation of the economy could unleash "new forms of slavery" and mass job losses, to Bernie Sanders and unhinged socialists calling for a halt to data centers buildouts, a move that would conveniently cede compute power …