SEOUL, April 20 (Yonhap) -- The chief of the Korea Exchange (KRX) departed for Hong Kong on Monday to attend a general meeting of a federation of stock exchanges in the Asia region, the bourse operator said.
Treasurer Jim Chalmers has admitted the country is facing higher inflation, lower economic growth and a likely increase in unemployment, with next month’s budget and the broader economy held hostage to how quickly the war against Iran is resolved.
Outgoing Bank of Korea Gov. Rhee Chang-yong said Monday achieving economic stability and growth through monetary and fiscal policy alone has become increasingly difficult, calling for a broader role for the central bank in addressing long-term structural challenges.
SEOUL, April 20 (Yonhap) -- South Korea will run a promotion booth at a major defense exhibition in Malaysia this week aimed at promoting homegrown arms products eyeing entry into the Southeast Asian market, the state arms procurement agency said Monday.
SEOUL, April 20 (Yonhap) -- Outgoing Bank of Korea (BOK) Gov. Rhee Chang-yong said Monday achieving economic stability and growth through monetary and fiscal policy alone has become increasingly difficult, calling for a broader role for the central bank in addressing long-term structural challenges.
SEOUL, April 20 (Yonhap) -- President Lee Jae Myung's approval rating has hit a record high of 65.5 percent since his inauguration in June last year on achievements in the economy and energy security, a poll showed Monday.
An ageing two-bedroom apartment in an old tower on the Brisbane River has smashed its building record, selling for $1.44 million under the hammer as the city’s unit market continues to defy a broader market slowdown.
SK hynix Inc. said Monday it has begun mass production of a next-generation memory module designed for artificial intelligence servers, as it seeks to strengthen its position in the AI infrastructure market.
Lalji Kurmi, an Indian YouTuber, creating content for his channel: The Indian government wants to bring often influential online content more into line with digital channels.
SEOUL, April 20 (Yonhap) -- SK hynix Inc. said Monday it has begun mass production of a next-generation memory module designed for artificial intelligence (AI) servers, as it seeks to strengthen its position in the AI infrastructure market.
If you have ever taken old clothes to a recycling bank, be it in the UK or North America, there is a real chance that the garments ended up illegally dumped in a desert in northern Chile.
The Spurs and Trail Blazers will open their first-round series Sunday night in a matchup the betting market views as one of the most lopsided on the board.
Even as the global economy shakes, the world community watches a rare geopolitical event: the mighty sole superpower, the United States of America, is compelled by war-battered ‘heathen’ Iran to comply with Tehran’s pre-condition for talks! Imperial Washington has had to get its client colony Israel to halt its mili…
As IMF was looking to lift up the global growth forecast in 2026 the war in the Middle East halted this momentum. The closing of the Strait of Hormuz and serious damage to critical energy facilities in the Middle East raise the prospect of a major energy crisis should a durable solution not be found soon, Pierre-Oli…
The Sri Lankan delegation headed by the Governor of the Central Bank of Sri Lanka (CBSL), Dr Nandalal Weerasinghe, is engaged in productive discussions with the senior leadership of the IMF, WB, as well as with rating agencies and investors.
The Central Bank of Sri Lanka (CBSL) has reported a mixed but broadly stable set of economic indicators for the week ending April 17, 2026, with improvements in business activity, easing lending rates, and steady external sector developments.
The financial fraud of a staggering amount of Rs 13.2 billion at NDB Bank is without precedent in Sri Lanka. It has sent shock waves throughout the industry and among investors. The possibility of recovery of the stolen funds seems to be very uncertain at this point of time.
The Central Bank of Sri Lanka (CBSL) said that the National Development Bank (NDB) in consultation with the CBSL is finalising arrangements to engage a leading international firm with experts from overseas to conduct a comprehensive forensic audit into an internal fraud in the NDB which was uncovered recently.
In a significant commitment of support to efforts to modernise Sri Lanka’s public passenger transport system, the Commercial Bank of Ceylon has partnered with NCG Express to introduce fully digital bus ticketing, enabling passengers to pay fares using cards, QR-based payments and contactless technology.
National Savings Bank (NSB), one of Sri Lanka’s leading state-owned financial institutions, takes pride in continuing its long-standing tradition of celebrating the Sinhala and Tamil New Year by promoting financial savings as well as environmental sustainability through a series of meaningful initiatives.
People’s Bank, which introduced the tradition of doing business with the bank, is bringing new meaning to the Sinhala and Tamil Avurudu ‘Ganu Denu’ customs, to offer gifts to all those who take part in traditional Avurudu ‘Ganu Denu’.
The Asian Development Bank (ADB) has cut Bangladesh’s economic growth further to 4 percent for the current fiscal year 2025-26 from its previous projection of 4.7 percent amid a fuel price spike and disruption in global supply chains due to the war in the Middle East.
DFCC Bank PLC conducted its first ‘Wyapara Hamuwa’ programme for 2026 in Kuliyapitiya, bringing together suppliers connected to PROJAR Lanka (Pvt) Ltd, a Spain-based coconut chips exporting company operating in the region.
Sri Lanka’s insurance sector is set to take a significant step forward with the unveiling of the Insurance Industry Development Roadmap, an initiative led by the Insurance Regulatory Commission of Sri Lanka and hosted by the Insurance Association of Sri Lanka tomorrow (21). The move highlights a growing recognition …
Israeli ministers Bezalel Smotrich and Israel Katz have attended the official reopening of the Sa-Nur settlement in the occupied West Bank, nearly 21 years after the illegal settlement was evacuated in 2005.
Originally built by Hong Kong-based Genting’s Dream Cruises, Disney picked up the unfinished, billion-dollar ship at a “favourable price” (exact amount unrevealed) when Dream Cruises fell into receivership during the pandemic. Disney then reduced the originally planned capacity of 9000 down to 6700. Even so, at 208,…
Amid a military operation, a widening deficit, and a surge of violence in Arab society, Israel faces a compounded challenge – security, social, and economic. A Bank of Israel report published this week makes clear that precisely at this moment, advancing a new five-year plan for Arab society is essential.
THE Department of Education’s (DepEd) Memorandum (DM) 23, Series of 2026, was clearly issued with a humane and practical objective: to ensure that learners are not excluded from end-of-school-year rites simply because of unpaid financial obligations to their previous schools. At a time when graduation and moving-up …
THE Bangko Sentral ng Pilipinas recently received international recognition for its excellence in reserve management, a milestone that underscores a significant shift in the nation’s monetary strategy. Under the leadership of Governor Eli Remolona Jr., the central bank has moved toward an active risk management fram…
Cybersecurity and enterprise software stocks have been market dogs since the start of 2026, with fears that AI will wipe out a wide range of companies in the enterprise space dominating the narrative. But they snapped a brutal losing streak this past week, joining in the broader market rally that saw all losses from…
Dubai’s rental market recorded contracts worth Dh32.2 billion ($8.8 billion) in the first quarter of this year, reflecting sustained activity and stability, according to data from the Dubai Land Department.
NEW DELHI, April 19 (Yonhap) -- President Lee Jae Myung pledged on Sunday to deepen South Korea's strategic partnership with India to better navigate growing uncertainties in global supply chains and the economy stemming from the war in the Middle East.
Melbourne councils are firing back at the premier’s claims they are the bottleneck in the housing crisis, instead blaming market conditions, land banking, and state government delays for tens of thousands of stalled homes.
HD Hyundai Heavy Industries and LIG D&A became the first Korean companies to open a booth at Sea Air Space 2026, the largest maritime security exhibition in the US, being held through Tuesday in Washington.
With one in three residents above retirement age, Shanghai’s 28-department plan aims to mobilise retirees to offset shrinking payrolls and rising pension strains
With one in three residents above retirement age, Shanghai’s 28-department plan aims to mobilise retirees to offset shrinking payrolls and rising pension strains