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One Nation proposal would abolish offshore gas profits tax and acquire 30% equity in new projects in a move the Coalition says is ‘borrowed from Venezuela’
Britain’s Andrew Mountbatten-Windsor, formerly known as Prince Andrew, looks round as he leaves after attending the Easter Matins Service at St. George’s Chapel, Windsor Castle, England, April 20, 2025. (AP Photo/Kirsty Wigglesworth, File)
The slashed price on the GX model ‘surprised the market’ in a segment carmakers have high hopes for amid slumping EV sales
The slashed price on the GX model ‘surprised the market’ in a segment carmakers have high hopes for amid slumping EV sales
Toyota plans to export Voxy, pictured, and Noah minivans from Taiwan to Japan, taking the unusual step of setting up a production line dedicated to supplying the home market. (Photo by Tetsuya Kitayama)
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SEOUL, May 21 (Yonhap) -- Industry Minister Kim Jung-kwan met with his Kyrgyz counterpart Thursday to discuss ways to expand trade and critical minerals cooperation between South Korea and the Central Asian country, Kim's office said.
Samsung's union suspended its planned strike after reaching a last-minute deal with management late on May 20. © AP
News that Samsung Electronics' management and labor unions agreed to a compensation plan linking bonuses to over 10 percent of business profits prompted significant online backlash Thursday.
Each April, the world’s top auto executives and engineers fly to China’s main auto show to take stock of BYD, the electric car powerhouse that passed Tesla in global sales last year.
Stakes are high for Asia’s tech-driven economies amid a global sell-off in bond markets that signals investor fears
Stakes are high for Asia’s tech-driven economies amid a global sell-off in bond markets that signals investor fears
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SEOUL, May 21 (Yonhap) -- The presidential chief of staff is considering visiting Canada early next month in his capacity as presidential special envoy for strategic economic cooperation, sources said Thursday, possibly in connection with Ottawa's submarine procurement project.
DSV, the global transport and logistics leader, and Arcapita Group Holdings, the global alternative investment firm, through its real estate development platform, Lintara Properties, have announced the completion of a state-of-the-art 30,000-square-metre logistics warehouse in Dubai’s Jebel Ali Free Zone.
The trade deal between the U.K. and Gulf states is a "monumental achievement," Bahrain's industry minister told CNBC.
SEOUL, May 21 (Yonhap) -- South Korea's trade watchdog decided Thursday to impose anti-dumping tariffs on polyvinyl chloride (PVC) paste resin products from four European nations, according to Seoul's industry ministry.
Equities post strong gains driven by improved market sentiment and tech optimism, though profit growth lags, a new survey shows
Equities post strong gains driven by improved market sentiment and tech optimism, though profit growth lags, a new survey shows
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Industrial metals have been volatile this week as mounting inflation fears put further pressure on global bond markets.
The UAE is an important market and an increasingly strategic economic partner, Business France chief executive Louis Margueritte has told The National.
Indonesia, the world's largest exporter of thermal coal, palm oil and nickel, is set to take control of exports of these commodities and potentially "other strategic mineral resources" through newly-established Danantara Sumberdaya Indonesia. (Nikkei montage/Source photos by Reuters)
Critical Resources has added a fresh layer to its battery technology ambitions after locking in a worldwide exclusive licence over battery cooling tech from Singapore’s Nanyang Technological University, through the university’s commercial arm NTUitive.
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Treasury yields resumed their march higher on Thursday, with borrowing costs rising across the curve as investors' attention returned to the inflationary pressures facing the U.S. economy.
South Korean stocks spiked more than 8 percent Thursday on tech gains, after Samsung Electronics averted a strike and strong earnings from Nvidia, along with optimism over its robotics business outlook, boosted investor sentiment. The local currency gained ground against the US dollar.
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Inflation has eased from its recent peaks, but price growth remains stubbornly high across much of Europe.
SEOUL, May 21 (Yonhap) -- South Korean stocks spiked more than 8 percent Thursday on tech gains, after Samsung Electronics averted a strike and strong earnings from Nvidia, along with optimism over its robotics business outlook, boosted investor sentiment. The local currency gained ground against the U.S. dollar.
Japan's largest banks posted record annual profits in their latest financial results, but earnings growth could slow as credit costs rise and geopolitical risks cloud the outlook, analysts say.
PTT CEO Kongkrapan Intarajang speaks at a news conference on May 20 in Bangkok as the state energy group shifts toward LNG trading to tap rising price volatility in global markets. (Photo by Apornrath Phoonphongphiphat)
Israel Aerospace Industries and other defense companies in Israel have presented the Defense Ministry and the IDF with a range of solutions to address the threat of explosive drones operated via fiber optics.
West Wits Mining has bagged a major ZAR 875 million (A$74.4M) senior funding deal with two of South Africa’s most heavy-hitting financial institutions, Absa Bank and Nedbank Corporate and Investment Banking.
SEOUL, May 21 (Yonhap) -- South Korea and the Inter-American Development Bank (IDB) agreed to seek closer cooperation in carrying out development projects in Latin America using artificial intelligence (AI) technologies, the finance ministry said Thursday.
SEOUL, May 21 (Yonhap) -- The chief of the country's financial regulator said Thursday his agency will soon revise regulations for offshore retail investors so they can buy and sell exchange-traded funds (ETFs) via so-called omnibus accounts, a move aimed at attracting more foreign capital into the domestic stock ma…
A Sydney mother has beaten back an attempt to force her into the office twice a week, after the Fair Work Commission ruled she was allowed her to work from home all but one day a fortnight, when she is allowed to arrive late to let her drop her children at school.
The Strait of Hormuz – a critical chokepoint accounting for 20% of seaborne oil trade prior to the US-Israeli war against Iran – remains effectively blocked despite the tentative ceasefire. The traffic has ground to a halt due to the risks posed by mines, recurring attacks, and ship seizures, as well as insurers’ re…
The Strait of Hormuz – a critical chokepoint accounting for 20% of seaborne oil trade prior to the US-Israeli war against Iran – remains effectively blocked despite the tentative ceasefire. The traffic has ground to a halt due to the risks posed by mines, recurring attacks, and ship seizures, as well as insurers’ re…
Chinese e-commerce and cloud computing giant forecasts 30 billion yuan AI revenue in 2026, with agents driving more than half of cloud sales
Chinese e-commerce and cloud computing giant forecasts 30 billion yuan AI revenue in 2026, with agents driving more than half of cloud sales
SEOUL, May 21 (Yonhap) -- The chief of the country's financial regulator said Thursday that local insurers and other financial firms will provide full support to small and mid-sized shipping companies hit by the war between the United States and Iran in the Middle East.
ABC chair Kim Williams has hit out at “inflammatory” and “divisive” media critics after News Corp published a piece attacking the national broadcaster’s coverage of Israel’s war against Hamas in Gaza.
The financial crimes watchdog has ordered the state’s second most profitable club to appoint an external auditor to assess whether it has left itself open to criminal infiltration, as it broadens its crackdown on money laundering in suburban clubs.
SEOUL, May 21 (Yonhap) -- The presidential office on Thursday pledged to provide active support for companies and labor unions to settle negotiations in a reasonable manner, emphasizing the impact that labor-management disputes can have on the economy.
104 people, including 82 Chinese nationals, detained in Phnom Penh raids as governments around world crack down on scam business
104 people, including 82 Chinese nationals, detained in Phnom Penh raids as governments around world crack down on scam business
In today's episode of Trending Middle East, Tehran receives Washington’s latest proposal to end the war and is reviewing its terms, Iranian media has reported.
Mazda unveils the newest version of CX-5 SUV during a press conference in Tokyo on May 21. (Photo by Yuki Nakao)