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Mark Latham’s ex-partner Nathalie Matthews has denied receiving insider trading tips and a $145,000 payment from controversial billionaire WiseTech global founder Richard White.
SEOUL, May 18 (Yonhap) -- Labor disputes over performance-based pay and profit sharing were spilling over to major South Korean industries Monday, with companies like Samsung Biologics Co. and Kakao Corp. facing standoffs with unionized workers.
Kaiser Reef has fired up a major multi-pronged exploration and development assault at its Maldon gold project in Victoria.
Six major business groups warn prolonged walkout could disrupt chip exports, weaken investment, hurt Korea’s broader economy
A fund dedicated to supporting projects aimed at promoting South Korea's industrial growth and artificial intelligence transformation of the manufacturing industry will be created, with an anchor investment of at least 1 trillion won ($665.5 million), the industry ministry said Monday.
South Korea will invest 50.4 billion won ($33.5 million) over the next five years to develop core technologies needed in artificial intelligence-based humanoid robots with universities and local tech companies, the science ministry said Monday.
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…
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…
Banking group plans new refinancing products, integrated support platform for lower-credit customers
The Supreme Court recently ruled that payments received by a US firm from a South Korean company in exchange for technical know-how could be subject to corporate tax in Korea, sending the case back to a lower court for further review.
Ham Young-joo (second row, ninth from left) poses with officials and participants during a ceremony marking the launch of this year’s Power On Innovative Companies Internship program at the group's headquarters in central Seoul on Friday. The program, aimed at expanding support for social innovation companies, provi…
MANILA, Philippines — The Department of Energy on Monday said that diesel and gasoline prices will go up on Tuesday, May 19, due mostly to the market reacting to developments in the Middle East.
A multibillion-dollar investment in roads and utilities will supercharge new suburbs on the fringes of Greater Brisbane and in Queensland’s far north where governments promised 51,000 new homes would be built.
CNN reported that Iran is seeking to expand its regional influence by focusing on submarine internet cables that carry communications and financial data between Europe, Asia and Gulf countries following tensions in the Strait of Hormuz.
SEOUL, May 18 (Yonhap) -- A fund dedicated to supporting projects aimed at promoting South Korea's industrial growth and artificial intelligence (AI) transformation of the manufacturing industry will be created, with an anchor investment of at least 1 trillion won (US$665.5 million), the industry ministry said Monday.
Novo Nordisk has told CNBC how it is preparing to go "all in" on launching its Wegovy pill outside the U.S, as the battle for dominance of the weight-loss market goes global.
The collapse of Market Financial Solutions continues to reverberate across the broader financial services sector, echoing the implosion of U.S. auto parts supplier First Brands last year. It comes amid deepening fears that stress in niche credit markets could spill over to the broader banking system.
LONDON — Health campaigners are threatening to bring the British government to court over its drug-pricing deal with Donald Trump, in a legal fight that risks undermining a key pillar of the U.S.-U.K. trade deal.
Rex Airlines directors, including a former federal transport minister, knew the failed airline was publishing an “unreasonable and unsupportable” profit forecast before reversing course and revealing a $35 million loss in 2023, lawyers for the corporate regulator told a court on Monday.
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)
SEOUL, May 18 (Yonhap) -- South Korea will invest 50.4 billion won (US$33.5 million) over the next five years to develop core technologies needed in artificial intelligence (AI)-based humanoid robots with universities and local tech companies, the science ministry said Monday.
TMK Energy has flicked the switch on a new phase of its Mongolian gas development, signing a partnering agreement with the country’s biggest LPG distributor to build a gas-to-power plant. The deal brings the company a step closer to commercial gas sales from its sprawling Gurvantes XXXV coal-seam gas project.
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Staff reporter at The Korea Herald’s National Desk, based in Seoul. Covers South Korea’s national security and foreign policy, with a focus on the Defense, Foreign and Unification Ministries, as well as the National Assembly.Before entering journalism, served as an Air Force officer. Experience includes providing tr…
A gas station in Bangkok. Thailand's GDP growth accelerated in the January-March quarter, but high fuel prices are expected to weigh on the economy in the April-June quarter. (Photo by Ken Kobayashi)
A staff member stocks a freezer with meat products at a supermarket in Beijing. © Reuters
NSW transport minister says contracts signed for 24-metre, battery electric ferry to be trialled for 12 months from 2028
The 10-year Japanese government bond yield on May 18 climbed 10 basis points to its highest level since October 1996. (Photo by Nanami Sato)
José Antonio Donaire is not against tourists but wants to return the city to its residents – and he is starting with its most iconic market
Despite sell-offs in the Asia-Pacific region, investors continue to bet that China’s technology stocks will extend their blistering run
Despite sell-offs in the Asia-Pacific region, investors continue to bet that China’s technology stocks will extend their blistering run
A group of Chinese investors who dominate the investor base of rare earth miner Northern Minerals, which owns one of Australia’s most significant critical mineral deposits, have been ordered by federal Treasurer Jim Chalmers to divest their shareholdings.
ASX-listed gold junior, Auric Mining, has formally welcomed Gareth Solly to the company as chief executive officer and executive director. The seasoned WA gold executive officially assumes the dual role from today to steer the company as it ramps up its ambitions to become a fully integrated mining house.
A staff member stocks a freezer with meat products at a supermarket in Beijing. © Reuters
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U.S. President Donald Trump, right, speaks with Chinese President Xi Jinping while leaving after a visit to the Zhongnanhai Garden in Beijing, Friday, May 15, 2026. (Evan Vucci/Pool Photo via AP)
This is AI generated summarization, which may have errors. For context, always refer to the full article.
An electronic board in the trading room of a bank in Seoul displays the benchmark KOSPI index breaking the 8,000 mark on May 15. © Reuters
SEOUL, May 18 (Yonhap) -- South Korea's antitrust watchdog on Monday imposed a combined 3 billion won (US$2 million) in fines on five parcel delivery companies for violating the subcontracting law by taking advantage of their dominant position in the market.
SEOUL, May 18 (Yonhap) -- The country's financial regulator said Monday that it will seek to revise liquidity level-related regulations to prod securities firms to enhance their risk management capability.
Viking Mines has received an official nod of approval from the United States Bureau of Land Management for a maiden drilling programme at its Linka tungsten project in Nevada. The federal green light landed ahead of schedule, locking in timeline certainty as the company moves towards its upcoming drill work.
Samsung unions are demanding more transparent pay structures and more generous bonuses as the chipmaker rides the AI boom. © Reuters
Thai Prime Minister Anutin Charnvirakul’s government plans a sweeping reform of more than 7,000 business regulations, aiming to cut bureaucratic hurdles and accelerate investment as it tries to compete for global capital.
CEO Mitsuya Kishida says Nidec wants "to withdraw from the e-axle business, which has become" rife with cutthroat competition. (Photo by Yo Inoue)
South Korea's stock market volatility surged to near record highs on Monday after foreign investors dumped $13.2 billion worth of local equities last week, triggering sharp swings in the Kospi and a brief trading curb on the exchange.
Shares of Mizuho Financial Group fell as much as 7.7% on Monday after the Japanese lender clarified that it has yet to decide on an investment in Rakuten Bank.
SEOUL, May 18 (Yonhap) -- South Korean stocks turned higher late Monday morning, rebounding from a sharp decline in earlier trading that triggered a sell-side circuit breaker as investors bought major chipmakers, including market heavyweight Samsung Electronics.