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Daesang Corp. said Tuesday it is accelerating its global business expansion with goals to reach 1 trillion won ($673 million) in total sales across its Southeast Asian subsidiaries.
Australian retail billionaire Brett Blundy’s company has been accused of corporate espionage and hiring executives with a history of sexual harassment allegations by the Victoria’s Secret board, which is fending off his bid to control the iconic lingerie brand.
Celltrion said Tuesday it acquired French health care company Gifrer as the Korean biopharmaceutical firm expands its European business to include generics and over-the-counter products.
Nol Universe said Tuesday it appointed Oliver Libutzki as head of global business as the travel platform company accelerates its overseas expansion strategy.
Farrer win casts shadow over budget as government signals it’s alive to populist rightwing threat
Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development
Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development
May 12, 2026 — 11:59am
Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
Isuzu is a major investor in Thailand and remains committed as other Japanese companies scale back their expatriate staff in the Southeast Asian country. (Nikkei montage/Source photos by Rie Ishii)
The state of Texas announced a lawsuit against streaming giant Netflix on Monday, accusing the company of spying on children and other consumers by collecting their data without consent and designing the platform to be addictive.
The administration of US President Donald Trump is providing 53.3 million barrels of crude oil from the US Strategic Petroleum Reserve to energy companies as part of a global effort to stabilise markets shaken by the conflict involving Iran, according to a Reuters report.
Asia-Pacific’s largest intergenerational wealth transfer in modern times is set to transpire over the next 30 years, financial firm predicts
Asia-Pacific’s largest intergenerational wealth transfer in modern times is set to transpire over the next 30 years, financial firm predicts
Leading up to last year’s trade deadline, Freddy Peralta was starring for the Brewers, his future a bit uncertain thanks to budget-conscious Milwaukee’s penchant for making players available — occasionally well ahead of free agency.
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SEOUL, May 12 (Yonhap) -- President Lee Jae Myung on Tuesday pledged to address what he called predatory financial practices burdening low-income debtors, referring to cases of defaulters excluded from a government debt cancellation program.
The US government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and four in the United Arab Emirates, for aiding Iran's shipment of oil to China. The ninth company is based in Oman.
President Donald Trump, left, and Chinese President Xi Jinping, shake hands after their U.S.-China summit talk at Gimhae International Airport Jinping in Busan, South Korea, Oct. 30, 2025. (AP Photo/Mark Schiefelbein, File)
The trade offer came in, and the Giants began weighing the reward of gaining better positioning later in the 2026 draft against the risk of losing the ability to add Francis Mauigoa.
Make money. Live better.
‘When you watch Netflix, Netflix watches you,’ reads the opening page of the lawsuit filed by Republican Attorney General Ken Paxton
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Disposal of VodafoneThree adds to Li family’s record of cycle-savvy moves, with investors weighing where war chest will flow next
Disposal of VodafoneThree adds to Li family’s record of cycle-savvy moves, with investors weighing where war chest will flow next
After two alleged break-ins and fires set off internal sprinklers and alarms, scorched walls and left signs of accelerant at childcare centres on Sydney’s upper north shore, staff wondered why someone would target the business.
Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with ‘significant’ cost cuts to come
OAKLAND, CALIF. — Microsoft CEO Satya Nadella defended OpenAI’s pivot to for-profit status and discussed his company’s hopes for a juicy return on its investment during Monday testimony in Elon Musk’s suit against the AI giant.
Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to unsustainable heights and Wall Street to record levels.
Submarine cables are wound at a factory belonging to NEC subsidiary OCC. (Photo by Kyoko Hariya)
Mitsubishi Electric's Kirigamine was recognized by Guinness World Records in 2017 as the longest-running cross-flow-fan air conditioner brand. (Source photos by Nikkei and Mitsubishi Electric)
The trial has exposed even more details about OpenAI’s fractious corporate past than previously documented
Stock market mustn't be reduced to casino for speculators
Australian shares are set to open higher after Wall Street edged to fresh records, with the S&P 500 notching another closing high as chipmakers rallied, even though most stocks in the index fell.
Business delegation spanning tech, aviation and finance joins Beijing trip as trade, investment and supply chains top agenda
Business delegation spanning tech, aviation and finance joins Beijing trip as trade, investment and supply chains top agenda
Authored by Peter Earle via the American Institute for Economic Research,
The Bucks’ on-again, off-again relationship with Giannis Antetokounmpo has entered a new chapter.
Prime Minister Narendra Modi on Sunday urged Indians to cut down on petrol and diesel consumption and stop buying gold, in a sign that the US-Israeli war on Iran is starting to jolt the world’s fourth-largest economy.
HANOI -- When Phung Anh Tuan was a 20-year-old university student two decades ago, he ran out of cash to pay staff at a cybersecurity startup. A bank loan was out of reach on such short notice, so he walked into a pawnshop, pledged what he had and borrowed enough to keep the business going.
A top British bank is warning of a big spike in ticket fraud ahead of this year’s World Cup, as sky-high prices could drive fans into the arms of scammers.
Panasonic Energy's 4680 battery, right, is twice as large as its earlier 2170 model and has roughly five times the capacity. (Photo by Yo Inoue)
In the new Netflix romantic dramedy My Royal Nemesis, a “vixen” from the Joseon era wakes up in modern-day Korea after thinking she was executed. She tries to remake her image with the help of a business shark who rebels from his chaebol family.
President Trump is signing a pair of executive orders aimed at lowering beef prices, a White House official told The Post – his latest effort to ease affordability as the price of a tasty steak skyrockets and inflation concerns loom ahead of this year’s midterm elections.
American business and policy circles seek trade certainty, AI dialogue and signs rivalry can be managed despite wider tensions
American business and policy circles seek trade certainty, AI dialogue and signs rivalry can be managed despite wider tensions
Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records.
Participants in JICA's training program will learn how to build and use satellites in Japan. (Photo by Dai Kuwamura)
Washington: A high-powered delegation of American business leaders including Elon Musk will accompany US President Donald Trump on his visit to China this week, as the two leaders prepare to discuss the sensitive topic of arms sales to Taiwan.