SEOUL, May 21 (Yonhap) -- South Korean banks' net income from overseas business slightly increased 2.3 percent from a year earlier in 2025, backed by a rise in interest incomes, data showed Thursday.
An aging population, rising retirement rates and a stagnating labor market could have serious consequences for the state and its residents if left unaddressed, state demographers said Friday.
This project has had quite a journey — it started as an American idea, was dropped by America, and was then picked up and brought to life by Japan and Australia. It is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which finally entered into force in December 2018. It now has 12 m…
Iran’s stock market reopened this week after a closure lasting nearly three months, with trading resuming under controlled conditions and investor restrictions.
Tax and finance software maker Intuit said Wednesday that it's cutting 17% of its full-time workforce, the latest tech company to announce a mass downsizing during the artificial intelligence boom. Shares tumbled 11% in extended trading.
BALTIMORE (AP) — A federal judge on Wednesday refused to postpone a trial that is scheduled to start next month for civil claims stemming from the 2024 collapse of Baltimore’s Francis Scott Key Bridge, rejecting a request for a delay by companies involved in the deadly disaster.
Jean-Noël Barrot visited Morocco for high-level discussions with Moroccan Foreign Minister Nasser Bourita, as both countries moved to strengthen diplomatic and economic cooperation.
Indonesia’s President Prabowo Subianto has unveiled one of the most consequentialeconomic interventions since the fall of Suharto: a plan to centralize
· Bhima Yudhistira Adhinegara, Muhammad Zulfikar Rakhmat
Protein is everywhere and in everything. It is in our tortilla chips, stuffed into jelly, added to sparkling water, Pop-Tarts, and coming for our coffee. The fad has been led by the influencer class: Khloe Kardashian released Khloud, a popcorn dusted with protein powder a year ago, and followed it up last month with…
Australia’s youngest billionaire Ed Craven has been accused of running one of the largest and most profitable illegal online gambling operations in American history, in a second US lawsuit involving rap megastar Drake, internet personality Adin Ross, and Sydney man George Nguyen.
PARIS — French games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial year, in the midst of a far-reaching restructuring, game delays and cancellations.
Brazil’s President Luiz Inacio Lula da Silva delivers his speech during the Global Progressive Mobilization summit in Barcelona, Spain, April 18, 2026. (AP Photo/Joan Monfort, File)
Fuel surcharges and price rises stemming from the Middle East conflict are affecting every facet of residential construction, pushing builders to the brink and driving up inflation. We look at what's going up and by how much.
After Anthropic's 'Mythos' model sent shockwaves through the cybersecurity world due to its ability to find and exploit software vulnerabilities at breakneck speed, the Trump administration is reportedly on the cusp of issuing a much-discussed executive order that would encourage AI companies to provide information …
Ultrabillionaire Jeff Bezos on Wednesday hyped artificial intelligence, blamed government meddling for economic woes and broadly defended himself and his megarich peers in an exclusive interview with CNBC.
A majority of Federal Reserve officials at their most recent meeting anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation, according to minutes released Wednesday.Though the rate-setting Federal Open Market Committee again voted to keep its benchmark rate targe…
The UK has reached a trade agreement with the six Gulf Cooperation Council states, becoming the first Group of Seven country to secure such a deal with the bloc.
OpenAI is preparing to confidentially file for a US initial public offering in the coming weeks, a source familiar with the matter told Reuters on Wednesday.
Engineers from across Japan have gathered at this nuclear plant in Hokkaido to prepare it to restart for the first time since 2012. (Photo by Akitoshi Sugiura)
LONDON — Google's AI lab DeepMind said Wednesday it had declined to recognize unions established by UK employees concerned about the military uses of its technology, but offered to enter into negotiations instead.
BRUSSELS — The European Commission wants to capitalize on the crisis facing German industry to try to convince Berlin to give Brussels tougher powers to protect the economy from cheap Chinese imports.
· Gabriel Gavin, Jordyn Dahl, Hans von der Burchard, Carlo Martuscelli
Britain has become the first G7 country to agree to a free-trade agreement with the Gulf Co-operation Council, marking a major milestone in the UK’s post-Brexit trade strategy opening the country up to billions in investment.
WASHINGTON, May 20 (Yonhap) -- The nominee for the top U.S. envoy to South Korea on Wednesday highlighted her commitment to enhancing America's national security and economic prosperity by strengthening the Seoul-Washington alliance.