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The South Korean won weakened to a more than one-month low against the US dollar Friday amid renewed worries about inflation, as higher-than-expected US inflation data raised expectations about a rate hike.
A view of Kuala Lumpur's skyline: Malaysia's economy grew at a slower pace in the first quarter of 2026, compared with the previous three months. © Reuters
Leading think tank urges the city to align with national development, diversify growth, boost innovation and deepen supply chain role
Leading think tank urges the city to align with national development, diversify growth, boost innovation and deepen supply chain role
Far-right Israeli minister Bezalel Smotrich said that “the time has come to erase, permanently, the lines distinguishing between Areas A, B, and C,” in the occupied West Bank, implying de facto Israeli annexation of the land, according to Israeli media reports.
The global economic order has shifted dramatically over the last decade, with countries reshuffling positions amid inflation shocks, geopolitical tensions, pandemic disruptions, and the rapid rise of AI-driven industries.
SEOUL, May 15 (Yonhap) -- The South Korean won weakened to a more than one-month low against the U.S. dollar Friday amid renewed worries about inflation, as higher-than-expected U.S. inflation data raised expectations about a rate hike.
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SEOUL, May 15 (Yonhap) -- South Korean stocks plummeted more than 6 percent Friday, after briefly topping the historic 8,000-point landmark, as investors moved to cash out tech and other market heavyweights after a record-breaking rally amid lingering uncertainties over the Middle East crisis.
European stocks are set to fall on Friday as inflation returns to investors' minds following a week of hotter-than-expected U.S. price data, while U.K. Prime Minister Keir Starmer faces a potential leadership challenge.
The former chief executive of a Sydney start-up that falsely claimed to have built a revolutionary artificial intelligence platform is facing a prison term for fabricating financial records to swindle investors out of $39 million.
Bank Central Asia, Indonesia's largest private lender by assets, is among those targeted in planned banking rule changes aimed at mobilizing more funds to support President Prabowo Subianto's priority policies.
Local sources said the forces shot 16-year-old Fahd Zidan Owais while he was in an open area of the village.
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…
Property investors have been pulling out of this weekend’s auctions and showing more caution about purchases, agents said, after this week’s budget curbed investor tax breaks.
Somewhere in the rows of blossoming tubs containing hundreds of thousands of $5 plushy flowers, friends Sarah Martinuz and Brianna Beckett excitedly pluck their next arrangement.
Outstanding value of bets passes US$420 billion amid seven-day record run, as investors drive indices to new highs
Outstanding value of bets passes US$420 billion amid seven-day record run, as investors drive indices to new highs
A commuter monitors the meter as an attendant refuels his scooter at a filling station in New Delhi, India, Friday, May 15, 2026. (AP Photo/Shonal Ganguly)
Employees of Hana Bank celebrate in a photo-op to mark the Korea Composite Stock Price Index (KOSPI) of over 8,000 points at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 15, 2026. (AP Photo/Lee Jin-man)
City welcomed 4.21 million visitors in April, taking total in first four months to 18.52 million – 15 per cent higher than in same period last year
City welcomed 4.21 million visitors in April, taking total in first four months to 18.52 million – 15 per cent higher than in same period last year
(ATTN: ADDS regulatory filings from Kakao Corp. in paras 4-7)
A battered economy, huge numbers of casualties and very little territorial gain – it’s no wonder even stalwart Putin supporters are showing signs of disquiet
SEOUL, May 15 (Yonhap) -- The chief of the country's financial watchdog on Friday urged financial institutions to play a great role in productive and inclusive finance.
US president targets ‘double-digit billions’ in farm sales and 200 Boeing jets as Beijing is said to weigh American oil imports to bypass Middle East shipping risks
US president targets ‘double-digit billions’ in farm sales and 200 Boeing jets as Beijing is said to weigh American oil imports to bypass Middle East shipping risks
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…
SEOUL, May 15 (Yonhap) -- The country's bourse operator on Friday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the index fell sharply shortly after briefly topping the historic 8,000-point landmark.
One Palestinian was killed and another wounded by Israeli forces overnight in a town south of Nablus, occupied West Bank, following an attack by settlers in the same area.
The U.S.-Israeli war with Iran, and the closure of the Strait of Hormuz, have sent economic shock waves across the Mideast. In Lebanon, those woes have been compounded by the country’s existing economic problems and by largely unregulated markets that are vulnerable to price gouging.
Hana Financial Group is investing 1 trillion won ($667 billion) in Dunamu, operator of Korea's largest crypto exchange Upbit, in the biggest tie-up yet between a major Korean banking group and a domestic digital asset firm.
Many European motoring manufacturers are in retreat with plants to off–load – while China’s industry is on the march
A view of Kuala Lumpur's skyline: Malaysia's economy grew at a slower pace in the first quarter of 2026, compared with the previous three months. © Reuters
IDF prosecutors on Thursday filed an indictment against a terrorist who committed a West Bank ramming attack that killed 18-year-old Yehuda Sherman and injured another Israeli.
A group of settlers early on Friday set fire to a number of vehicles in a village in Ramallah, occupied West Bank, the latest attack in a wave of escalating Israeli violence.
On this day 40 years ago, the city’s flagship carrier opened to public trading on the stock exchange
On this day 40 years ago, the city’s flagship carrier opened to public trading on the stock exchange
SEOUL, May 15 (Yonhap) -- Foreign investors remained net sellers of South Korean stocks and bonds for the third consecutive month in April, the central bank data showed Friday, although the outflow volume narrowed amid signs of a possible resolution to the Middle East war.
It is almost eight decades since the Nakba of 1948, and yet for millions of Palestinians, displacement and violence remain their lot. In Gaza, Israeli troops continue to occupy a large chunk of the ruined territory. Meanwhile, settler extremists are given free rein to run amok in the occupied West Bank, harassing Pa…
SEOUL, May 15 (Yonhap) -- Hanwha Aerospace Co., a defense affiliate of the country's Hanwha Group, said Friday it has teamed up with Estonian defense company Milrem Robotics to enter Romania's unmanned ground vehicle (UGV) market.
SEOUL, May 15 (Yonhap) -- South Korea's benchmark Korea Composite Stock Price Index (KOSPI) briefly jumped above 8,000 points for the first time Friday, powered by persistent optimism on artificial intelligence (AI) and handsome earnings on big technology companies.
Gavin Newsom touted California’s roaring economy while also preaching fiscal prudence as he unveiled his final budget as governor Thursday — the largest in state history.
Pattie Phillips knew she was going to jail long before anyone else. She had built a financial house of cards that was always going to collapse.
A woman who bought half a million dollars worth of bullion using funds from an alleged email scam has been nabbed in a dramatic arrest at a Sydney gold dealer after a bank tip-off.
Licensing regulations, Greater Bay Area integration and the vital role of casual boaters need to be included in the discussion
Licensing regulations, Greater Bay Area integration and the vital role of casual boaters need to be included in the discussion
Property News: Australia's most expensive streets, and how much it costs to live in them.
The South Korean economy continues to be on a recovery path on the back of strong chip exports, but the prolonged Middle East crisis is raising concerns over inflation and growing financial burdens on households, the finance ministry said Friday.
German carmaker targets Korea’s growing family SUV market with spacious third-row seating, child-friendly practicality