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European Commission President Ursula von der Leyen on Wednesday welcomed a provisional agreement on legislation to remove import duties on U.S. goods and called on co-legislators to move swiftly to finalize the process.
LS Electric said Wednesday it has secured a $64 million contract to supply high-voltage switchgear for microgrids powering data centers in the United States, strengthening its foothold in North America’s fast-growing AI infrastructure market.
EU lawmakers and member states reached a deal in the early hours of Wednesday to implement the bloc's nearly year-old trade pact with the United States, with President Donald Trump threatening new tariffs unless it is done by July 4th.
CATL's battery factory in Debrecen, Hungary, topped a list of ongoing Chinese investments in Europe in 2025. (Nikkei montage/Source photo by Reuters)
Yields on U.S. Treasurys moved lower early on Wednesday, following a sharp sell-off across bond markets as inflation concerns continue to weigh on investor sentiment.
A woman passes a Starbucks coffee shop in central Seoul on May 20. (Photo by Ahn Seong-bok)
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
Workers walk near coal barges in Palembang, Indonesia: Commodity producer shares fell on May 20, after the government announced new export controls. © Reuters
The U.S. Justice Department has indicted four Chinese shipping giants for conspiring to restrict container output to fix prices during the pandemic era, in one of the most significant antitrust actions brought against Chinese firms in years, even as both sides seek to stabilize bilateral ties.
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…
LG CNS said Wednesday it showcased its AI-powered smart factory solutions at IoT Tech Expo 2026 in San Jose as the company accelerates its push into the North American manufacturing market.
U.K. inflation eased to 2.8% in April, preliminary data from the Office for National Statistics (ONS) showed on Wednesday.
SEOUL, May 20 (Yonhap) -- South Korea's finance ministry said Wednesday the government will roll out efforts to stabilize consumer prices amid the prolonged Middle East war, building on its economic achievements made during the first year of the current administration.
SEOUL, May 20 (Yonhap) -- Recent volatility in the South Korean won appears excessive relative to the country's strong economic fundamentals, a senior financial official said Wednesday, noting the government stands ready to take necessary measures if the need arises.
Hello, this is Leonie Kidd writing to you from London. Welcome to today's edition of the Daily Open newsletter.
KGM is banking on an upgraded Torres SUV — featuring stronger performance, rugged design and improved convenience — to regain momentum in Korea’s highly competitive compact SUV market.
The chakras are well and truly out of alignment among the board members of global athleisure powerhouse Lululemon. They collectively declared open war on the controversial founder who started the fitness-adjacent empire from a yoga studio in Vancouver: Chip Wilson.
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
US stablecoin giant files for names, logos as Korea weighs digital asset rules
We all know how the so-called “inflation dragon” is adding to our cost-of-living pressures. For the AFL’s 18 clubs, football’s version is the list build of the league’s newest baby, the Tasmania Devils, which is about to ignite a fire under the cost-of-success pressures they are already feeling.
Global stock markets have been on a tear in 2026, extending last year's rally as traders look through geopolitical turmoil and inflation fears.
Starbucks can repurchase Emart’s stake at steep 35% discount under liability clause in licensing deal
Former Woolworths boss Brad Banducci has abruptly stepped down as chief executive of Ticketek after little more than a year in the top job following the loss of multiple lucrative clients.
Football’s governing body faces more redundancies but it’s hard to know whether this year’s cuts reflect mismanagement or justified changes
Dior’s Korean business is facing legal complaints after a customer accused the luxury brand of misleading her over repairs to a limited-edition handbag, saying she was told the item would be sent to Paris but later found a local shop had handled the repairs.
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
Critica Limited has secured $300,000 in non-dilutive R&D funding from Western Australian government-backed sources to accelerate metallurgical studies at its massive Jupiter rare earths project near Mt Magnet in the state’s Mid West region.
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LONDON — European stocks are expected to open in negative territory on Wednesday as global markets keep a close eye on elevated bond yields and await U.K. inflation data due later this morning.
Sarah Ferguson's close friend and business partner, Manuel Fernandez, used his Palace links to threaten a worker with jail, according to a recording obtained by the BBC.
Aguia Resources has delivered a dramatic operational turnaround at its wholly owned Santa Barbara gold project in Colombia, driving processing plant head grades up to almost 12 grams per tonne(g/t) gold.
As Kospi breaks records, more Koreans are pouring into stocks, driven by fear of missing out and fading faith in traditional paths to economic security
This ESR warehouse sits in Kanagawa prefecture, southwest of Tokyo. Investors are looking to Japan's property market for growth and returns as they flee political uncertainty elsewhere in the world. (Photo Courtesy of ESR)
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, May 18, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
Samsung Electronics on Wednesday unveiled four new Odyssey gaming monitors, including what it called the industry’s first 6K gaming monitor, the Odyssey G6, as the company steps up its push into the premium gaming display market.
Young Queensland developer Kenneth Wagner wants to build a desperately needed hotel in Brisbane ahead of the 2032 Olympics, and he has the unique business model to make it work.
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
Samsung and its unions are clashing over employee bonuses as the company enjoys an AI windfall. © Reuters
Singapore has inked separate agreements with Google and OpenAI to strengthen its position as a global artificial intelligence hub and accelerate AI deployment across public services, healthcare, education and enterprise.
The two men face charges of forcible obstruction of business.
US Treasury Secretary Scott Bessent on Tuesday called on allies to more forcefully disrupt Iran's financing networks and said the Treasury would scrub its sanctions list of outdated designations to make it easier for financial institutions to root out the most sophisticated terrorist financing schemes.
MANILA, Philippines — A senior citizen was killed while another individual was injured following an accident outside the Bureau of Animal Industry (BAI) offices along Visayas Avenue, Quezon City early on Wednesday.
Japan should take the initiative in reforming World Trade Organization rules to address the challenges of the 21st century, WTO Director-General Ngozi Okonjo-Iweala said in an interview in Tokyo on Monday.
The industrial action threatens the health of South Korea’s economy and could disrupt the global supply of semiconductors
The industrial action threatens the health of South Korea’s economy and could disrupt the global supply of semiconductors
Swedish defense contractor Saab is hoping that equipment that is high tech yet easy to adopt will appeal to countries facing demographic challenges, including Japan. (Nikkei montage/Source photos by SAAB website)
SEOUL, May 20 (Yonhap) -- Corporate retirement pension schemes soared 16 percent last year from a year earlier, breaching the 500 trillion-won mark for the first time since their introduction in 2005, while their return on investment also rose, data showed Wednesday.
The Exploration Company, the European aerospace start-up with a base in the UAE, is in talks with global investors including UAE sovereign funds to raise $200 million in financing for the next phase of its growth, its chief executive has said.
At Louvre Abu Dhabi, the idea of cultural exchange has often been framed through objects, histories and civilisations placed in conversation across galleries. For Art Here 2026, that dialogue will extend into the museum’s outdoor spaces, where contemporary artists from the GCC and India will respond to centuries of …