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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 …
STRASBOURG — The European Union agreed early Wednesday morning to implement a trade deal with the United States, likely averting a threat by President Donald Trump to punish further delay with oppressive tariffs.
Moscow and Beijing have signed around 40 cooperation documents and issued two major declarations during Russian President Vladimir Putin’s two-day summit with Chinese President Xi Jinping in Beijing. Putin’s official visit came just days after Xi’s summit with US President Donald Trump and coincided with the 25th an…
The organiser of a free Brisbane exercise class has been reassured her event can continue running in New Farm Park, after council staff raised questions about whether it could be classified as non-commercial.
The Development Bank of Japan will strengthen its investment operations as part of corporate culture reform, President and CEO Seiji Jige has indicated.
A drone strike on a crowded market in southern Sudan killed 28 people and injured 23 more on Tuesday, a medical source and witnesses told Agence France-Presse, in one of the deadliest recent attacks on civilians in the country's three-year war.
A global reshuffling in stock-market hierarchy is underway, with artificial intelligence redrawing the pecking order of equity markets and propelling Taiwan and South Korea past several long-established Western bourses.
Finance chief Paul Chan says the shift is fuelled by city’s strong market performance and an improved geopolitical situation, especially following Xi-Trump summit
Finance chief Paul Chan says the shift is fuelled by city’s strong market performance and an improved geopolitical situation, especially following Xi-Trump summit