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South Korea will roll out a second batch of cash assistance for the bottom 70 percent of income earners, or about 36 million people, next week, officials said Monday, in an effort to ease financial strains caused by rising fuel prices amid the war in the Middle East.
Close Encounters of the Fourth Kind? Having made his coming-of-age memoir The Fabelmans, Steven Spielberg gets back to blockbuster business with this science-fiction thriller about the race to reveal – or equally cover-up – the possible public confirmation of extraterrestrial life on Earth.
SEOUL, May 11 (Yonhap) -- India can serve as a prominent manufacturing and export hub for South Korea amid recent shifts in global supply chains, local experts said Monday, as Seoul is pushing to deepen its economic ties with the world's most populous nation.
SEOUL, May 11 (Yonhap) -- South Korea will roll out a second batch of cash assistance for the bottom 70 percent of income earners, or about 36 million people, next week, officials said Monday, in an effort to ease financial strains caused by rising fuel prices amid the war in the Middle East.
South Korea's largest hotel and resort operator is rebranding as Sono Trinity Group, a move it says is meant to knit its lodging business and recently acquired airline arm into a single travel company.
A Vietnamese technical trainee, left, works with a Japanese colleague at a manufacturing plant in Tobishima, Japan. October 2025. © Kyodo
China's consumer and producer inflation jumped more than expected in April as the Middle East conflict drives commodity costs higher.
LONDON, United Kingdom — The UK and France will on Tuesday host a multinational meeting of defence ministers on military plans to restore trade flows through the Strait of Hormuz, the British government said.
A three-bedroom South Yarra period home, built in 1903, was offered for the first time in nearly half a century at auction on Saturday, passing in on a vendor bid of $1.5 million.
President Lee Jae Myung's approval rating rebounded slightly to 59.7 percent on a strong stock rally and economic achievements, a survey showed Monday.
SEOUL, May 11 (Yonhap) -- President Lee Jae Myung's approval rating rebounded slightly to 59.7 percent on a strong stock rally and economic achievements, a survey showed Monday.
South Korea has signed a deal to export an additional three units of its Chunmoo rocket launchers to Estonia under the two countries' framework arrangement for the long-term supply of Korea's multiple launch rocket system to the Eastern European country, the Korea Trade-Investment Promotion Agency said Monday.
Oil prices rose in Monday morning trade in Asia after President Donald Trump said Iran's response to US proposals to end the war was "totally unacceptable".
Gas prices soaring past $6.20 a gallon have Southern California commuters abandoning jammed freeways for bustling trains, as more residents trade their cars to escape the relentless cost of fuel.
15 LME-approved warehouses are already full, underscoring city’s ambition to be a commodities centre – and its urgent need for more space
15 LME-approved warehouses are already full, underscoring city’s ambition to be a commodities centre – and its urgent need for more space
SEOUL, May 11 (Yonhap) -- South Korea has signed a deal to export an additional three units of its Chunmoo rocket launchers to Estonia under the two countries' framework arrangement for the long-term supply of Korea's multiple launch rocket system (MLRS) to the Eastern European country, the Korea Trade-Investment Pr…
While the digital US economy, if proxied through the earnings growth and stock prices of AI companies and their "picks and shovels" support ecosystem, has never been stronger, the traditional US consumer, responsible for 70% of US GDP, has rarely been more depressed than right now (and according to the latest Univer…
Fukuoka has been promoting the creation of state-of-the-art offices as part of a redevelopment plan. (Photo by Toshiki Sasazu)
MANILA, Philippines — Department of Migrant Workers (DMW) Secretary Hans Leo J. Cacdac confirmed Sunday that the 38 Filipino crew members aboard the MV Hondius will undergo a mandatory six-week, or 40-day, quarantine and monitoring period in the Netherlands.
An Iranian heiress locked in a nasty $200 million divorce battle with her doctor husband sneakily signed away control of her company so he couldn’t claim any cash from the business, new court documents allege.
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Limited depth in an ageing front row and financial restrictions of governing body are proving troublesome ahead of the showpiece tournament
Limited depth in an ageing front row and financial restrictions of governing body are proving troublesome ahead of the showpiece tournament
Chinese SUVs storm the premium segment with fresh momentum, giving German marques their toughest test in years
Chinese SUVs storm the premium segment with fresh momentum, giving German marques their toughest test in years
North Korean leader Kim Jong Un inspects a weapons factory. (KCNA)
A US-mediated ceasefire between Russia and Ukraine appeared under serious strain on its second day on Sunday, with both sides accusing the other of violating the deal through weekend attacks.
Experts says there is information that should be included and omitted when putting a resume together. (Adobe Stock)
It was onwards and upwards on Wall Street, with more positive corporate and economic news fuelling new record highs on Friday.
Natural rubber is made from latex, a milky white substance collected from rubber trees. Sri Trang Agro-Industry's Chief Executive Officer Veerasith Sinchareonkul says the Thai rubber group sees steady demand from tire makers. (Nikkei montage/Source photos by Lauren DeCicca and Getty Images)
The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices.
WASHINGTON — US President Donald Trump will press China's Xi Jinping on Iran when they meet in Beijing in coming days, but their "highly symbolic" superpower summit will focus on easing trade tensions, officials said Sunday.
AI might one day wreak havoc on commercial real estate, as some fear. But at least right now, it’s only adding fire to the superheated Manhattan market.
BIS General Manager Pablo Hernandez de Cos says the Middle East conflict is expected to "drive inflation upwards and growth downwards." (Photo by Akikazu Ishii)
Total bilateral trade between Sri Lanka and Viet Nam reached approximately US$324 million, representing growth of over 16%, and plans were in place to work towards achieving a bilateral trade target of US$1 billion by 2030 with a strong focus on diversifying the country’s products list, Prime Minister Dr Harini Amar…
Deputy Tourism Minister of Tourism Prof. Ruwan Ranasinghe said Sri Lanka is focusing on attracting high-quality tourism investments and internationally recognised hotel brands as part of efforts to strengthen the country’s hospitality sector and enhance long-term industry value.
Executive Director of the Centre for Poverty Analysis (CEPA) Prof. Sirimal Abeyratne, stressed the importance of inclusive economic growth and trade-driven development while addressing the International Conference on “Poverty and Development in times of crisis” in Colombo yesterday (08).
Sri Lanka’s economic indicators issued by the Central Bank of Sri Lanka (CBSL) reflected mixed but generally stable trends during the week ending May 8, 2026, with improvements in banking sector liquidity, government revenue performance, and private sector credit growth, according to the latest weekly economic highl…
In conjunction with the state visit of President of the Socialist Republic of Viet Nam, Tô Lâm to Sri Lanka, a special discussion on enhancing cooperation in the digital economy sector between the two countries was held Friday (8) between the Deputy Minister of Digital Economy, Eranga Weeraratne, and Nguyen The Trun…
Trade unions in Sri Lanka are active, legally recognised bodies with over 1,500 registered entities, primarily governed by the Trade Union Ordinance of 1935. Almost all of them are focused on the welfare of their membership. Some trade unions have only their office bearers and no members! Some of them last for a few…
Auto news: These are Australia's safest roads.
Nineteen foreign nationals who allegedly committed online financial crimes while staying in a hotel in the Slave Island area will be remanded till May 14.
The British Council Sri Lanka recently held the IELTS Partner Meet 2026 to honour and recognise the dedication of its partners over the past year.
The PDU Unit of IIT–PDU held a Cambridge Award Ceremony on April 4, celebrating academic excellence and student achievement.
SLT-MOBITEL, Sri Lanka’s trusted National ICT Solutions Provider, is the University of Peradeniya’s ‘Technology Partner’ in introducing the country’s first-ever Bachelor of Science of Engineering Honours in Electronic and Intelligent Systems Engineering, equipping the next generation of engineers tolead the future o…
Thayalan Bartlett, Executive Chairman of MullenLowe Group Sri Lanka, has been recognised in Campaign Asia-Pacific’s inaugural 50 Over Fifty 2026 list, becoming the only Sri Lankan named among a select group of senior marketing, media and communications professionals from across the region.
Several ministries and institutions are to jointly establish a full-power authority to carry out regulatory work related to the revival of failing businesses.
Officers from the Police Narcotic Bureau (PNB) at Katunayake Airport arrested a Sri Lankan passenger early yesterday morning (10) while he was attempting to smuggle a stock of ‘Hashish’ worth Rs. 47.7 million into the country.
The Insurance Regulatory Commission of Sri Lanka, in collaboration with the Sri Lanka Insurance Association and other stakeholders, has decided to issue Digital Motor Insurance Cards instead of physical insurance certificates through insurance companies, effective from May 1, 2026.