April's household loans by major banks reach highest level since October
SEOUL, May 4 (Yonhap) -- Household loans by major banks last month increased the most since October on a rise in mortgage loans, financial data showed Monday.
· Park Sang-soo
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Newest first · UTC+11:00UAE industrial sector contribution jumps 70% to Dh200bn, Dr Sultan Al Jaber says | The National
The contribution of the UAE's industrial sector to the national economy has grown by 70 per cent to Dh200 billion and investment in strengthening the country's industrial base is no more a choice but a necessity, Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, said on Monday.
· Sarmad Khan
US pressure mounts on Seoul over Hormuz coalition
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…
· Jung Min-kyung
Yen surges to the high 155-range against dollar in thin holiday trading
The Japanese yen jumped from the 157-range against the dollar to the high 155-range during holiday-thinned trading on May 4.
· Staff Writer
Kospi hits fresh peak as chip-led rally extends
SK hynix tops W1 quadrillion in market cap, powering gains
· Choi Ji-won
European markets set to open lower as Trump threatens new auto tariffs
LONDON — European markets looked set to begin the new week in negative territory as investors continue to monitor developments in the Middle East and a potential renewal of transatlantic trade tensions.
· Hugh Leask
Samsung, Mirae take early lead in Korea's first single-stock ETF race
Eight firms launch Samsung, SK hynix ETFs as fee caps shift battle to execution
· Choi Yeon-jae
‘Neighbourhood renaissance’: once noble La Sanità in Naples is open for business again
After decades in the shadows, the residents of this historic quarter came together to launch local businesses and make the area an attractive proposition once more
· Sophia Seymour
Why African leaders value seamless transcontinental links over US-China rivalry
Economic ambitions are the priority, says official with project that Washington has framed as de-risking mineral supply chains from Beijing
· Jevans Nyabiage
Why African leaders value seamless transcontinental links over US-China rivalry
Economic ambitions are the priority, says official with project that Washington has framed as de-risking mineral supply chains from Beijing
· Jevans Nyabiage
BOK senior deputy gov. says time to consider rate hike on solid growth
SEOUL, May 4 (Yonhap) -- Ryoo Sang-dai, senior deputy governor of the Bank of Korea (BOK), has said it is time to consider a rate hike, citing the country's better-than-expected economic growth in the first quarter.
· Kim Boram
Samsung turns to marketing veteran to reboot TV business
Rare midyear reshuffle signals urgency as Chinese rivals intensify pressure
· Jo He-rim
Larvotto extends high-grade gold-antimony-tungsten story in NSW
Larvotto Resources has delivered another round of strong diamond drilling results from its Midas Gully system at the Metz Mining Centre, a key structural lode complex within the company’s Hillgrove gold-antimony project in NSW.
· Doug Bright
Kerry Stokes has billions of reasons to add to Southern Cross drama
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· Colin Kruger
GameStop makes bold $56-billion play for eBay, ready to go hostile
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· Victor Barreiro Jr.
Watch live: Is Sydney’s restaurant scene heading for a shake-up?
Is Sydney’s restaurant scene heading for a shake-up? How about the size of your favourite local – is the dining room about to shrink? And what about those fine-diners – are they headed for extinction? The data might suggest “yes”.
· Good Food staff writers
Denmark faces data center reckoning as power grid overwhelmed by surging demand
COPENHAGEN, Denmark — The Nordics, long seen as a magnet for data center investment thanks to their stable climate and abundance of renewable energy, are now weighing limits on the growth of the power-hungry facilities as surging energy demand forces a rethink.
· April Roach
Seoul, Taipei hit records as Asian stocks track Wall St tech rally
HONGKONG, China — Tech firms led a rally across most Asian markets Monday following another healthy day on Wall Street fuelled by more strong earnings, while investors were also cheered by news that Iran had submitted fresh proposals to end its war with the United States.
· Agence France-Presse
Australia and Japan expand ties with focus on economic security
Canberra and Tokyo pledge to counter 'all forms of economic coercion'
· Staff Writer
Pacgold pours first doré bar from South Australian gold mine
Pacgold has cracked the code at its White Dam project, pouring maiden gold doré as the South Australian heap-leach operation sprang back to life in double quick time and on budget.
· Penny Taylor
Jim Chalmers rules out fuel excise extension and downplays hopes for tax relief in ‘most responsible’ budget yet
The treasurer also says May federal budget will play ‘helpful not harmful role in fight against inflation’
· Patrick Commins
Global fragmentation is rewiring Asia’s economic future
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· Golam Rasul
Samsung family pays off record $8bn inheritance tax bill
The family behind the South Korean corporate giant Samsung has completed its payment of a 12 trillion won (£6bn; $8bn) inheritance tax bill, the largest such settlement in the country's history.
· Osmond Chia
Japan’s FamilyMart gives old clothes new lease of life to reduce textile waste
Some 560,000 tonnes of clothes are estimated to be thrown away in Japan each year – about 70 per cent of new clothing supplied to the market
· Kyodo
Japan’s FamilyMart gives old clothes new lease of life to reduce textile waste
Some 560,000 tonnes of clothes are estimated to be thrown away in Japan each year – about 70 per cent of new clothing supplied to the market
· Kyodo
Iran war sharpens the dilemmas faced by foreign workers in the Mideast
Maruf Hasan, brother of Mohammad Abdullah Al Mamun comforts his mother, Shahida Khatun, as she weeps at their home in Rasulpur village in Mymensingh district, Bangladesh, Friday, April 17, 2026. (AP Photo/Rajib Dhar)
· Aniruddha Ghosal
China’s ‘common prosperity’ push faces reality check as inequality rises: study
A leading economist warns widening income and wealth gaps are constraining Beijing’s agenda
· He Huifeng
China’s ‘common prosperity’ push faces reality check as inequality rises: study
A leading economist warns widening income and wealth gaps are constraining Beijing’s agenda
· He Huifeng
AIQ to boost UAE plans as it expects faster market activity after Opec exit | The National
Abu Dhabi's AIQ, which specialises in artificial intelligence for the energy sector, will seek to tap into opportunities brought about by the UAE's decision to leave Opec, its chief executive has said.
· Alvin R Cabral
[Ask the Tax Whiz] Estate tax amnesty: Essential compliance guide
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· gdecastro0289
Debt-financed stock investment booming as market surges in South Korea
The Korea Composite Stock Price Index (KOSPI) achieved a historic milestone by jumping beyond 6000 points in February. A factor in the rise has been an increase in debt-financed investing. © Yonhap
· Staff Writer
Gateway tracks 4km strike at WA Yandal gold camp
Gateway Mining has significantly expanded the footprint of its Yandal gold project, 85 Kilometres northeast of Wiluna in Western Australia. The company has traced shallow, oxide gold mineralisation over a massive 4-kilometre strike at its Haflinger prospect.
· Murray Ward
In "Watershed Moment" China Orders Companies To Defy US Sanctions
China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.
· Tyler Durden
Resilience and investment are key themes of Make it in the Emirates summit | The National
Resilience will be the buzz word when policymakers, senior government officials and business leaders gather in Abu Dhabi next week for the Make it in the Emirates summit.
· Sarmad Khan
'UAE will be the centre for money,' says Binance founder Changpeng Zhao | The National
The UAE offers “freedom” in cryptocurrency and has succeeded in building a globally competitive crypto ecosystem, Changpeng Zhao has said in an interview with The National.
· Salim A. Essaid
Meme stock GameStop makes $56 billion bid for eBay in bid to rival Amazon
U.S. video game retailer GameStop announced Sunday it has made an unsolicited, non-binding offer to acquire eBay for $125 per share in a cash-and-stock deal, valuing the e-commerce platform at roughly $55.5 billion.
· Anniek Bao
BOK senior official hints at rate hike pivot amid inflation fears
The Bank of Korea may begin considering a shift toward interest rate hikes, signaling a potential end to its easing cycle, as rising inflationary pressures and geopolitical risks cloud the economic outlook, a senior central bank official said Sunday.
· Im Eun-byel
Don't confuse the UAE’s prudence with protectionism | The National
It isn’t surprising that the emphasis at this year’s Make it in the Emirates summit, starting in Abu Dhabi on Monday, is to further develop industrial and economic resilience in the UAE as it continues to adapt to an increasingly unpredictable world.
· The National Editorial
ASEAN states shift oil imports toward Brunei, Libya and US
An oil refinery in Bangkok: Thailand has diversified its sources of imported crude in response to the conflict in the Middle East. © Reuters
· KENTARO TAKEDA
ASEAN states boost oil imports from Brunei, Libya and US
An oil refinery in Bangkok: Thailand has diversified its sources of imported crude in response to the conflict in the Middle East. © Reuters
· KENTARO TAKEDA
Asian markets are mixed and oil holds steady
Trader Derek Orth works on the floor of the New York Stock Exchange, Thursday, April 30, 2026. (AP Photo/Richard Drew)
· Elaine Kurtenbach
Blue Cities Across The US Are Spiraling Into Financial Collapse
Many people are familiar with the "blue state exodus" over the past several years, but are they aware of the blue city business exodus?
· Tyler Durden
DMW allows limited crew change for Filipino seafarers in Middle East conflict zones
MANILA — The Department of Migrant Workers ( DMW) has issued Advisory No. 23, Series of 2026, permitting the temporary and conditional crew change of Filipino seafarers in Middle East conflict zones. This decision cites a recent ceasefire and safety assurances from the Iranian government as the primary reasons for …
· Carmela I. Huelar
Tanker hit by projectiles off UAE coast, maritime agency says
The UK Maritime Trade Operations said a tanker off the coast of Fujairah in the United Arab Emirates was attacked, reporting it was “being hit by unknown projectiles”.
· Middleeasteye
Hong Kong Exchange Fund records smallest gain in 5 quarters amid Middle East crisis
The war chest used to defend the city’s currency takes a hit as conflicts in Middle East prompt investors to move from stocks to safer assets
· Enoch Yiu
Hong Kong Exchange Fund records smallest gain in 5 quarters amid Middle East crisis
The war chest used to defend the city’s currency takes a hit as conflicts in Middle East prompt investors to move from stocks to safer assets
· Enoch Yiu
Tesla Made $573 Million Selling To Musk’s Other Companies Last Year
Elon Musk’s business empire is becoming increasingly intertwined — and if SpaceX eventually goes public, Wall Street will likely take a much harder look at how money moves across his companies.
· Tyler Durden
BMW M leads Korea's high-performance market, extends global streak
BMW’s high-performance brand BMW M continued to lead South Korea’s premium automotive market while extending its global sales streak to 14 consecutive years.
· Lee Han-gyoul
Make it in the Emirates back to showcase robust UAE industry | The National
Resilience has become something of a byword for the UAE - not least in a manufacturing sector increasingly shining on the world stage.
· David Dunn