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SEOUL, April 27 (Yonhap) -- Cash assistance for basic livelihood security recipients and other vulnerable groups began rolling out Monday as part of efforts to ease financial strains caused by rising oil prices amid the war in the Middle East.
President Lee Jae Myung's approval rating stayed above 60 percent for the seventh consecutive week, though it fell from a week earlier amid economic concerns linked to the ripple effects of the war in the Middle East, a poll showed Monday.
SEOUL, April 27 (Yonhap) -- President Lee Jae Myung's approval rating stayed above 60 percent for the seventh consecutive week, though it fell from a week earlier amid economic concerns linked to the ripple effects of the war in the Middle East, a poll showed Monday.
The UK Maritime Trade Operations (UKMTO) said no incidents were reported in the Strait of Hormuz or surrounding waters during the latest reporting period, offering a brief lull in activity.
Maine Governor Janet Mills has vetoed a bill that would have temporarily limited the development of large data centers across Maine, despite expressing support for a broader pause on such projects, according to Maine's website.
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Conflict prompts rich investors to diversify, boosting Hong Kong’s role as a hub for family offices and private banking
Conflict prompts rich investors to diversify, boosting Hong Kong’s role as a hub for family offices and private banking
Italy has long been an enthusiastic market for contemporary Japanese pop culture. Anime was first imported in the late 1970s and has since become a cultural sensation with generational impact.
Several Gulf countries have discussed receiving dollar swap lines from the US, the WSJ reported last week. In the near term, there is an economic drag if volumes of oil and gas sales have fallen by more than the price effect can offset, or where tourist and business travel has dried up. The effect is similar to that…
The vast Pacific Ocean and the islands dotted within it produce more than half of the world's tuna.
As a centre for international and mainland Chinese capital, Hong Kong is well positioned to help firms across Asia attract investment
As a centre for international and mainland Chinese capital, Hong Kong is well positioned to help firms across Asia attract investment
It's almost as if comedians Anne Edmonds and Kitty Flanagan were born to clash in Bad Company as an unstable artistic director and a corporate robot, respectively. (ABC/Guesswork Television)
The US is pressing its allies to rethink how they source essential minerals, urging them to accept higher prices if it means reducing reliance on China, which currently dominates much of the global supply, according to a new report from Financial Times.
California Gov. Gavin Newsom apparently felt sick — literally — after he found out that one of the most influential tech figures was quitting the state.
After more than 30 years of T+2 settlement, Hong Kong plans to move to T+1. Here’s why the shift matters for markets and investors
After more than 30 years of T+2 settlement, Hong Kong plans to move to T+1. Here’s why the shift matters for markets and investors
A 21-year-old who graduated at the top of his class after spending roughly $125,000, including expenses, on his college degree said “the system is broken” after he applied for 500 jobs and didn’t get one.
China's economy was just starting to open up in the late 1980s when a determined high school dropout made his way to Beijing with 600 pairs of shoes.
On Friday, a report crossed the wire that Ford and Geely had been in discussions about collaborating more closely, including whether their developing European partnership could expand into the U.S. market, according to the Wall Street Journal.
Despite chip rally, challenges aheadKorean economy must look beyond semiconductor supercycle
California has long been America’s trendsetter. But even as the nation becomes energy self-sufficient, California is now leading the way in sacrificing its economy on the altar of radical climate change ideology.
Topic:Economic Growth
Wall Street traders ignored anxieties about the conflict with Iran, instead bidding up stocks on the back of strong first-quarter earnings results.
Tokyo's residential property market, which was previously buoyant, has begun to soften, with inflation squeezing budgets and higher interest rates making mortgages more costly.
The memory of the November 1997 economic crisis still carries weight in South Korea. Faced with the risk of sovereign default, the country turned to a massive bailout led by the International Monetary Fund after having failed to push through painful domestic reforms in earlier years.
Workers walk near solar panels that provide electrical power to Istiqlal Mosque in Jakarta on March 29, 2023. © AP
Making Sri Lanka an event management hub is on top of the government’s agenda, Minister of Industry and Entrepreneurship Development, Sunil Handunnetti told the launch event of Sri Lanka’s first event calendar held in Colombo on Thursday (23).
In a significant boost for its tourism sector, the Sri Lankan government has successfully negotiated a comprehensive funding package worth USD 300 million with the Asian Development Bank (ADB).
Flexible, investor-oriented labour regulations will continue to apply within Port City Colombo, officials confirmed during a recent session of the Committee on Public Finance (COPF), chaired by Dr Harsha de Silva.
Sri Lanka’s inflation showed a modest uptick in March 2026, while key financial indicators presented mixed trends, according to the latest weekly economic highlights released by the Central Bank of Sri Lanka.
Officers from the Police Narcotics Bureau (PNB) at Katunayake International Airport arrested 22 Sri Lankan monks arriving from Thailand with a stock of “Kush” and “Hashish” valued at over 1.1 billion rupees on Saturday.
A significant step toward digital transformation has been taken in the insurance sector with the official launch of its first digital motor insurance card in Colombo.
The biggest criticism or doubt some projected towards the new government was lack of experience to manage the economy, despite many challenges in 2025 like the trump tariffs and Ditwa Sri Lanka has recorded a significant economic performance in 2025, Deputy Minister of Industry and Entrepreneurship Development Chath…
The Sri Lanka Foreign Employment Bureau states that the amount of remittances sent by migrant workers to the country during the first quarter of this year has increased by 26.5% compared to the first quarter of last year. From January to March 2026, the country received remittances of US $ 2.29billion. The amount of…
Napa Valley officials and business leaders are rolling out a major shift in how visitors experience wine country as declining sales and changing consumer habits put pressure on the industry.
Napa Valley officials and business leaders are rolling out a major shift in how visitors experience wine country as declining sales and changing consumer habits put pressure on the industry.
California gubernatorial candidate Xavier Becerra has been trying to swat down his ties to an alleged fraud case, as he seemingly struggles to answer the questions it poses about his financial stewardship.
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced that it has been named among Sri Lanka’s Top 20 Employers for 2026 by the American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA), together as the Association of International Certified …
Sri Lanka’s storytelling excellence took centre stage at the Inspire Global Media Awards 2026, held recently in London, United Kingdom with a packed room of media glitterati.
Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group), has been awarded the Bronze Effie at the Effie Awards Sri Lanka 2025 in the Finance category for its impactful campaign, ‘Uplifting the Sri Lankan Three-Wheel Community’.
Against the backdrop of one of Sri Lanka’s most treasured wetlands, SLT-MOBITEL has launched a meaningful Environmental, Social and Governance (ESG) initiative to restore life to the mangrove ecosystems of the Anawilundawa Wetland Sanctuary in 2026.
Cap Snap Lanka Pvt. Ltd., a member of the CSL Group, has received six internationally recognised certifications, including the Food Safety System Certification (FSSC 22000), at a ceremony held recently in Colombo. The achievement is particularly noteworthy as all six certifications were secured within just six month…
E. B. Creasy & Co., PLC – BIC & DENTA Factory, a leading manufacturer of personal care products in Sri Lanka, was recently honoured with the Platinum Award at the Responsible Care Excellence Awards 2025. Marking a significant milestone, E. B. Creasy & Co., PLC – BIC & DENTA Factory emerged as the only Platinum Award…
Tiki at Shangri-La Colombo reintroduces itself—with a renewed sense of place, energy, and identity.
The urgent need to build sustainable and resilient agrifood systems to respond to growing challenges like climate change, market volatility and food security concerns was highlighted by Agriculture, Livestock, Land and Irrigation Minister K.D. Lalkantha.
Strategic affairs scholar and Sri Lankan author Asanga Abeyagoonasekera highlighted the strategic significance of Vietnam–Sri Lanka cooperation within the broader Indo-Pacific maritime corridor, identifying opportunities in connectivity, maritime security, trade, and policy learning.
A surge for Intel following a blowout profit report led the US stock market to more records on Friday, while oil prices kept yo-yoing in the wait for what’s next with the Iran war.
Israel has issued new forced evacuation notices for areas in southern Lebanon, ordering residents of seven towns that lie beyond its so-called “buffer zone” to leave, ramping up the conflict with Hezbollah despite a US-brokered ceasefire.