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SEOUL, May 6 (Yonhap) -- President Lee Jae Myung on Wednesday reaffirmed his commitment to reining in the overheating housing market, calling the normalization of the real estate market a key national policy.
Authored by Bill Pan via The Epoch Times (emphasis ours),
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Samsung Medical Center ranked first in the inaugural comprehensive evaluation of South Korea’s university hospitals, jointly conducted by The Korea Economic Daily and the Institute of University Evaluation.
It could take at least seven months for the world’s oil production to recover once the Strait of Hormuz reopens, market analysts warn — meaning that higher fuel prices will likely last through the Midterm Elections no matter when the war ends.
The White House’s Section 301 investigations were launched to identify structural excess capacity among 16 trading partners, including China
The White House’s Section 301 investigations were launched to identify structural excess capacity among 16 trading partners, including China
Texas Rangers right fielder Brandon Nimmo catches a Detroit Tigers’ Matt Vierling fly ball during the second inning of a baseball game Friday, May 1, 2026, in Detroit. (AP Photo/Paul Sancya)
Thai Prime Minister Anutin Charnvirakul, center, has said the emergency borrowing is needed to stave off stagflation. (Photo by Ken Kobayashi)
Hong Kong has seen a string of blockbuster listings by Chinese AI firms in recent months. Yet the Hang Seng Tech Index remains deep in a slump
Hong Kong has seen a string of blockbuster listings by Chinese AI firms in recent months. Yet the Hang Seng Tech Index remains deep in a slump
A courtroom victory for Elon Musk in his high-stakes federal trial against Sam Altman and OpenAI would deliver one of the most disruptive blows to the artificial intelligence sector in its brief but explosive history - potentially forcing the $850-billion-plus company to unwind its for-profit empire, ousting its top…
The US government is working on overhauling its visa system to accommodate foreigners who come to do business in the US, a top Trump administration official said on Tuesday.
Lenders increase borrowing rates by 0.25%; pro-Palestine meeting barred from council venue goes ahead outside in Darlington. Follow updates live
OAKLAND, Calif. — OpenAI’s president Greg Brockman detailed a wild meeting in 2017 with Elon Musk in which the co-founders tussled over ownership stakes in the company – at one point claiming that he feared Musk “was going to physically attack me.”
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IBARAKI -- An aging building in Ibaraki prefecture, two hours' drive from Tokyo, gives little hint of the future taking shape inside. Within its worn walls, Kyoto Fusioneering, a Japanese startup, is building and testing what is, in essence, a microwave oven -- only vastly larger and more powerful.
In a normal market, an empty home is a wasting asset: Equity sits trapped, no rent comes in, and the owner keeps paying property taxes, insurance, maintenance, utilities, and fees.
Ken Griffin called Zohran Mamdani’s controversial social media post outside the Citadel founder’s swanky midtown penthouse “creepy weird” and ultimately “frightening” after watching the socialist NYC mayor invoke Griffin’s name to tout a new tax plan on second homes of non-residents.
Super Micro Computer shares jumped 18% in extended trading on Tuesday after the server maker issued strong guidance, although revenue for its fiscal third quarter came in below estimates.
If you take the long view, America’s economic outlook is pretty bleak. Like a lot of rich countries, it is overwhelmed by debt it has no plans to reduce. Even more troubling is its aging population, which will reduce growth and leave fewer people to pay all that debt.
The prediction market Polymarket is offering a new promo for the NBA Playoffs, using the Polymarket promo code NYPMAX.
Those interested in joining the prediction market space can use the Kalshi promo code NYPMAX for a great deal. This promotion is especially useful for basketball fans tracking the current NBA playoffs.
With its effective closure sending shockwaves through the global economy, the Strait of hormuz has been much discussed throughout the Iran war.
The U.S. stock market rallied to more records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing.
Aluminum's surge to multiyear highs in the wake of the Iran war is creating cost pressures for the businesses that manufacture everything from cars to beer cans.
Bargain hunters in the Golden State are about to get a few more aisles to dig through.
A beloved children’s clothing chain with a huge presence across California is preparing to shutter stores nationwide as it battles rising costs.
BEVERLY HILLS, Calif. – Sen. Tim Scott (R-NC) said he is turning to “prayer” in hopes that Jerome Powell will leave the Federal Reserve after his term as chair ends this month – but admitted that Powell may not go if he’s bent on “poking the president in the eye.”
Deputy Minister of Economic Development Nishantha Jayaweera noted that the tax amendment has been made with the aim of ensuring administrative convenience and transparency as implementing a single tax instead of several types of taxes will make calculations and administrative work easier, and the ability to collect …
James Murdoch is in advanced talks to acquire New York magazine and a number of podcasts from Vox Media, according to people familiar with the discussions.
McDonald’s is one step closer to reigning king in the US after its top rival shuttered hundreds of restaurants last year.
The Central Bank of Sri Lanka (CBSL) has signed a Memorandum of Understanding (MoU) with Australia’s Skills for an Inclusive Economy program on a pilot initiative to improve digital financial literacy for micro, small and medium enterprises (MSMEs), a critical driver of Sri Lanka’s economic recovery and inclusive gr…
Not a sudden, major crash but a series of mini-crises. That, according to some, is the prospect facing the global economy and financial system in the wake of conflict in the Middle East. But what if these mini-crises cascade into a collective collapse?
Committee on Public Finance Chairman (CoPF) MP Harsha de Silva questioned how the External Resources Department (ERD) of the Finance Ministry could be involved in the payment of US$ 2.5 million stating that according to the law, the External Resources Department is only responsible for negotiating bilateral loans.
Auto news: These are Australia's safest roads.
City of Dreams Sri Lanka continues to reshape the country’s tourism and hospitality landscape as South Asia’s first fully integrated luxury resort, bringing together Nüwa, its luxury flagship hotel, and Cinnamon Life, its vibrant lifestyle hotel, within a single world-class destination.
To meet the growing demand for specialised expertise in the global events sector, the Event Management Association (EMA), in collaboration with Saegis Campus and Pearson UK, announced the launch of the Diploma in International Event Management and Marketing Studies.
Huawei recently hosted its Intelligent IP Summit 2026 in Sri Lanka, bringing together industry leaders and technology experts to explore the future of enterprise data communication (Datacom) networks, as organisations navigate rapid disruptions driven by AI and the expansion of 5G.
The MBA Programme – 2024-2026 Batch of the Faculty of Management & Finance, University of Colombo held a session recently titled “Entrepreneurial Ecosystems in the Sri Lankan Context at the campus premises. The forum aimed to explore the dynamics of the local entrepreneurial landscape and featured
Work is set to commence on the six projects identified as priority ones under the framework MoU on “Implementation of Indian Multi-Sectoral Grant Assistance for the Eastern Province,” signed during the State visit of the Prime Minister of India to Sri Lanka in April 2025. These include:
Sri Lanka’s Toastmasters movement is set to take centre stage this month with Ovation 2026, the flagship annual conference of Toastmasters International District 82, bringing together some of the country’s most accomplished communicators and emerging leaders.
SLT‑MOBITEL, the National ICT Solutions Provider, was ranked among Sri Lanka’s Top 20 Employers for 2026, as announced by AICPA & CIMA.
In recognition of its outstanding performance and continued leadership in the banking sector, the Commercial Bank of Ceylon has once again been adjudged the ‘Best Bank in Sri Lanka’ by the US-based Global Finance magazine, marking the 24th occasion the Bank has received this prestigious accolade.
NCINGA has received the 2026 Google Cloud Partner of the Year Award for Social Impact: Community Empowerment and Resilience at the Google Cloud Next 2026 conference held in Las Vegas, USA.
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Hayleys Solar, one of Sri Lanka’s No. 1 solar solutions provider, has installed an 80kW AC solar power system at Mihintale Rajamaha Viharaya, Anuradhapura. Initiated through the generous efforts of Kumuduni Abeysiriwardena together with other donors, this project supports the temple’s energy requirements with a sust…
HUTCH Sri Lanka is leveraging its international pedigree to bring the best of enterprise solutions to help Sri Lankan businesses leapfrog into a new era. As the country pushes forward with its digital ambitions, the company, backed by its parent, the global Fortune 500 giant – CK Hutchison Holdings, sees this as the…
Browns Hotels & Resorts, in collaboration with Periceyl, turned up the energy and artistry with the conclusion of Quintessential Bartender 2026 — an inter-hotel bartending competition created to spotlight, sharpen, and celebrate the group’s finest talent.
As June 30 approaches, you might feel prepared for tax-time, but there are several extra steps you can take to boost your superannuation and future financial success.