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SEOUL, May 18 (Yonhap) -- South Korean stocks closed higher Monday, rebounding from a steep decline the previous session, as investors scooped up major chipmakers, including market heavyweight Samsung Electronics. The local currency gained ground against the greenback.
Six major business groups warn prolonged walkout could disrupt chip exports, weaken investment, hurt Korea’s broader economy
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…
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…
Ham Young-joo (second row, ninth from left) poses with officials and participants during a ceremony marking the launch of this year’s Power On Innovative Companies Internship program at the group's headquarters in central Seoul on Friday. The program, aimed at expanding support for social innovation companies, provi…
MANILA, Philippines — The Department of Energy on Monday said that diesel and gasoline prices will go up on Tuesday, May 19, due mostly to the market reacting to developments in the Middle East.
The death-penalty law passed in March by the Knesset, Israel’s parliament, has come into effect after an army commander signed an order implementing the measure, Israeli media has reported.
CNN reported that Iran is seeking to expand its regional influence by focusing on submarine internet cables that carry communications and financial data between Europe, Asia and Gulf countries following tensions in the Strait of Hormuz.
Novo Nordisk has told CNBC how it is preparing to go "all in" on launching its Wegovy pill outside the U.S, as the battle for dominance of the weight-loss market goes global.
The collapse of Market Financial Solutions continues to reverberate across the broader financial services sector, echoing the implosion of U.S. auto parts supplier First Brands last year. It comes amid deepening fears that stress in niche credit markets could spill over to the broader banking system.
Rex Airlines directors, including a former federal transport minister, knew the failed airline was publishing an “unreasonable and unsupportable” profit forecast before reversing course and revealing a $35 million loss in 2023, lawyers for the corporate regulator told a court on Monday.
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, May 18, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A gas station in Bangkok. Thailand's GDP growth accelerated in the January-March quarter, but high fuel prices are expected to weigh on the economy in the April-June quarter. (Photo by Ken Kobayashi)
A staff member stocks a freezer with meat products at a supermarket in Beijing. © Reuters
NSW transport minister says contracts signed for 24-metre, battery electric ferry to be trialled for 12 months from 2028
José Antonio Donaire is not against tourists but wants to return the city to its residents – and he is starting with its most iconic market
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A staff member stocks a freezer with meat products at a supermarket in Beijing. © Reuters
An electronic board in the trading room of a bank in Seoul displays the benchmark KOSPI index breaking the 8,000 mark on May 15. © Reuters
SEOUL, May 18 (Yonhap) -- South Korea's antitrust watchdog on Monday imposed a combined 3 billion won (US$2 million) in fines on five parcel delivery companies for violating the subcontracting law by taking advantage of their dominant position in the market.
SEOUL, May 18 (Yonhap) -- The country's financial regulator said Monday that it will seek to revise liquidity level-related regulations to prod securities firms to enhance their risk management capability.
South Korea's stock market volatility surged to near record highs on Monday after foreign investors dumped $13.2 billion worth of local equities last week, triggering sharp swings in the Kospi and a brief trading curb on the exchange.
Shares of Mizuho Financial Group fell as much as 7.7% on Monday after the Japanese lender clarified that it has yet to decide on an investment in Rakuten Bank.
SEOUL, May 18 (Yonhap) -- South Korean stocks turned higher late Monday morning, rebounding from a sharp decline in earlier trading that triggered a sell-side circuit breaker as investors bought major chipmakers, including market heavyweight Samsung Electronics.
One must ask why Labor is so comfortable continuing to ignore the wishes of the vast majority of voters
China's economy stumbled in April with consumption, industrial output and investment growth missing expectations as the fallout from the Iran war dampened momentum in the world's second-largest economy.
China’s factory output and retail sales both slowed more than expected in April, while fixed-asset investment fell
China’s factory output and retail sales both slowed more than expected in April, while fixed-asset investment fell
Auto news: These are Australia's safest roads.
Steady growth and stabilising China-US ties support banks, with PBOC expected to keep rates steady, according to economists
Steady growth and stabilising China-US ties support banks, with PBOC expected to keep rates steady, according to economists
US power firm NextEra Energy is discussing a mostly stock deal for Dominion Energy that would value the smaller Virginia-based utility at about $76 per share, or around $66 billion, Bloomberg News reported on Sunday.
Pilots say such a move would mark a major escalation of retribution for Japanese PM’s remarks on Taiwan
Pilots say such a move would mark a major escalation of retribution for Japanese PM’s remarks on Taiwan
South Korean stocks opened sharply lower Monday, triggering a sell-side sidecar for a second consecutive session as investors tracked declines on Wall Street last week amid rising woes over inflation caused by the deadlocked situation in the Middle East.
(ATTN: RECASTS headline, lead; ADDS more info throughout; CHANGES photo)
President Lee Jae Myung's approval rating climbed back above 60 percent for the first time in three weeks, driven by positive assessment of his livelihood-related policies and a strong stock rally, a poll showed Monday.
SEOUL, May 18 (Yonhap) -- The country's bourse operator on Monday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) for a second consecutive session as the index nosedived.
The Singapore Exchange (SGX) has been working on market reforms to boost liquidity, particularly in small- and mid-cap stocks. © Reuters
SEOUL, May 18 (Yonhap) -- President Lee Jae Myung's approval rating climbed back above 60 percent for the first time in three weeks, driven by positive assessment of his livelihood-related policies and a strong stock rally, a poll showed Monday.
South Korea on Monday began to receive applications for a second round of cash assistance from the bottom 70 percent of income earners in a bid to help ease financial strain from rising fuel prices amid the Middle East conflict.
SEOUL, May 18 (Yonhap) -- The market capitalization of the benchmark Korea Composite Stock Price Index (KOSPI) is estimated to have surpassed the total value of the housing market in the greater Seoul area amid a stock rally led by an artificial intelligence (AI) chip boom, data showed Monday.
SEOUL, May 18 (Yonhap) -- South Korea on Monday began to receive applications for a second round of cash assistance from the bottom 70 percent of income earners in a bid to help ease financial strain from rising fuel prices amid the Middle East conflict.
SEOUL, May 18 (Yonhap) -- South Korean stocks opened lower Monday as investors tracked declines on Wall Street last week amid rising woes over inflation caused by the deadlocked situation in the Middle East.
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
Authored by Jack Phillips via The Epoch Times (emphasis ours),
Friday was the 15th of the month 45 days after quarter end, which means we got a flood of 13F reports indicating what asset managers were long as of March 31. We will do a summary recap below of all the biggest names, but as usual we start with Berkshire due to its traditional lack of turnover and corresponding pric…
Israel has enforced a new law mandating the death penalty for Palestinians in the occupied West Bank, after the commander of its Central Command Major General Avi Bluth signed the military order required to activate the measure on Sunday.
WASHINGTON — SpaceX, OpenAI, Anthropic... 2026 could end up being a pivotal year for the IPO market, driven by tech giants whose valuations could shatter all records.