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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.
Lotte Biologics said Monday it signed a contract manufacturing agreement with UK biotech firm Ottimo Pharma for antibody drugs, expanding the two companies' existing partnership.
The government convened a regular trade promotion meeting Monday to discuss South Korea's pending trade issues with the United States, the European Union and other economic partners, the trade ministry said.
One must ask why Labor is so comfortable continuing to ignore the wishes of the vast majority of voters
SEOUL, May 18 (Yonhap) -- The government convened a regular trade promotion meeting Monday to discuss South Korea's pending trade issues with the United States, the European Union (EU) and other economic partners, the trade ministry said.
China's economy stumbled in April with consumption, industrial output and investment growth missing expectations as the fallout from the Iran war dampened momentum in the world's second-largest economy.
China’s factory output and retail sales both slowed more than expected in April, while fixed-asset investment fell
China’s factory output and retail sales both slowed more than expected in April, while fixed-asset investment fell
Auto news: These are Australia's safest roads.
Andrew Puzder is the ambassador of the United States to the European Union.
May 18, 2026 — 11:59am
HAVANA – Cuban Foreign Minister Bruno Rodriguez accused the U.S. on Sunday of fabricating a "fraudulent case" to justify economic sanctions and potential military intervention.
Steady growth and stabilising China-US ties support banks, with PBOC expected to keep rates steady, according to economists
Steady growth and stabilising China-US ties support banks, with PBOC expected to keep rates steady, according to economists
Australia’s multibillion-dollar investment in social and affordable housing is helping to pay for thousands of relatively high-priced new apartments that people on lower incomes cannot afford and in some cases are explicitly blocked from occupying.
US power firm NextEra Energy is discussing a mostly stock deal for Dominion Energy that would value the smaller Virginia-based utility at about $76 per share, or around $66 billion, Bloomberg News reported on Sunday.
China's CXMT has benefited from a global crunch in memory chips, which has sent prices skyrocketing. © Reuters
China's CXMT has benefited from a global crunch in memory chips, which has sent prices skyrocketing. © Reuters
Pilots say such a move would mark a major escalation of retribution for Japanese PM’s remarks on Taiwan
Pilots say such a move would mark a major escalation of retribution for Japanese PM’s remarks on Taiwan
SEOUL, May 18 (Yonhap) -- President Lee Jae Myung said Monday that companies' management rights should be respected as much as labor rights.
President Lee Jae Myung said Monday that corporate management rights should be respected as much as labor rights, remarks that appeared aimed at easing tensions ahead of a possible strike at Samsung Electronics.
South Korean stocks opened sharply lower Monday, triggering a sell-side sidecar for a second consecutive session as investors tracked declines on Wall Street last week amid rising woes over inflation caused by the deadlocked situation in the Middle East.
An artist rendering shows the Ritz-Carlton hotel planned in Ho Chi Minh City, one of a number of luxury brands expanding in Vietnam.
(ATTN: RECASTS headline, lead; ADDS more info throughout; CHANGES photo)
President Lee Jae Myung's approval rating climbed back above 60 percent for the first time in three weeks, driven by positive assessment of his livelihood-related policies and a strong stock rally, a poll showed Monday.
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
SEOUL, May 18 (Yonhap) -- The country's bourse operator on Monday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) for a second consecutive session as the index nosedived.
Purchases climb to a two-year high in April as mainland Chinese buyers pile into new launches, drawn by rental yields and yuan’s strength
Purchases climb to a two-year high in April as mainland Chinese buyers pile into new launches, drawn by rental yields and yuan’s strength
The Singapore Exchange (SGX) has been working on market reforms to boost liquidity, particularly in small- and mid-cap stocks. © Reuters
SEOUL, May 18 (Yonhap) -- President Lee Jae Myung's approval rating climbed back above 60 percent for the first time in three weeks, driven by positive assessment of his livelihood-related policies and a strong stock rally, a poll showed Monday.
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
South Korea on Monday began to receive applications for a second round of cash assistance from the bottom 70 percent of income earners in a bid to help ease financial strain from rising fuel prices amid the Middle East conflict.
SEOUL, May 18 (Yonhap) -- The market capitalization of the benchmark Korea Composite Stock Price Index (KOSPI) is estimated to have surpassed the total value of the housing market in the greater Seoul area amid a stock rally led by an artificial intelligence (AI) chip boom, data showed Monday.
Trade Minister Yeo Han-koo met with ambassadors from the Association of Southeast Asian Nations on Monday to discuss ways to deepen economic cooperation between South Korea and the ASEAN region, Yeo's office said.
SEOUL, May 18 (Yonhap) -- South Korea on Monday began to receive applications for a second round of cash assistance from the bottom 70 percent of income earners in a bid to help ease financial strain from rising fuel prices amid the Middle East conflict.
SEOUL, May 18 (Yonhap) -- Trade Minister Yeo Han-koo met with ambassadors from the Association of Southeast Asian Nations (ASEAN) on Monday to discuss ways to deepen economic cooperation between South Korea and the ASEAN region, Yeo's office said.
SEOUL, May 18 (Yonhap) -- South Korean stocks opened lower Monday as investors tracked declines on Wall Street last week amid rising woes over inflation caused by the deadlocked situation in the Middle East.
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
Authored by Jack Phillips via The Epoch Times (emphasis ours),
Friday was the 15th of the month 45 days after quarter end, which means we got a flood of 13F reports indicating what asset managers were long as of March 31. We will do a summary recap below of all the biggest names, but as usual we start with Berkshire due to its traditional lack of turnover and corresponding pric…
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WASHINGTON — SpaceX, OpenAI, Anthropic... 2026 could end up being a pivotal year for the IPO market, driven by tech giants whose valuations could shatter all records.
Police laid 2,063 charges and conducted 1,847 bail compliance checks in operation targeting offenders with a history of domestic violence. Follow today’s news live
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
SEOUL/HO CHI MINH CITY/JAKARTA -- In April, global index provider FTSE Russell included South Korea in its flagship World Government Bond Index (WGBI). In response, foreign investors poured roughly 15.1 trillion won ($10.1 billion) into South Korean government debt, triggering celebrations in Seoul.