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…
HD Construction Equipment said Wednesday it has sold 60 units of its 32-ton next-generation excavator, the HX320, in the domestic market within three months of its launch.
Iran secretly acquired a Chinese spy satellite, giving the Islamic Republic a new capability to target US military bases across the Middle East during the recent war, the Financial Times reported on Wednesday.
Google paid 28.3 billion won ($19.2 million) in corporate tax in South Korea last year, up 18 percent from a year earlier, but far below academic estimates of its actual earnings in the local market, newly disclosed audit reports showed Wednesday.
SEOUL, April 15 (Yonhap) -- Shin Hyun-song, nominee for the head of South Korea's central bank, on Wednesday apologized for causing controversy over allegations related to his family's nationalities, property holdings and other personal matters.
Japan's rising long-term interest rates are "a sign of a healthy economy" resulting from the country's exit from long-standing deflation, senior International Monetary Fund (IMF) official Tobias Adrian has said.
SEOUL, April 15 (Yonhap) -- North Korea's economy has entered a recovery phase thanks to closer relations with Russia and China, overcoming a period of recession, the unification ministry in Seoul said Wednesday.
Larvotto Resources is on track and on budget for a mid-2026 production startup at its Hillgrove antimony-gold project in New South Wales. The mine is shaping up to become a major supplier of antimony just as the commodity’s strategic stock rises in Canberra.
Western Australia’s government is taking the extraordinary step of underwriting new apartment builds to address “market failure” in high-density housing in the state.
The U.S. blockade of Iranian ports is now fully into effect, "completely" cutting off Tehran's international sea trade that powers about 90% of its economy, the U.S. Central Command said late Tuesday stateside.
The world’s second-biggest economy generated a record trade surplus of $1.2tn last year, exacerbating global concerns from other nations that their industries will be overwhelmed by Chinese imports. Find out how both developed and developing countries are responding.
Ruby Rose says she has formally completed a police report tied to explosive claims involving pop star Katy Perry, saying the move marks a turning point that prevents her from publicly discussing the case further.Rose claimed the alleged assault occurred nearly 20 years ago at the Spice Market nightclub in Melbourne,…
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 15, 2026…
SEOUL, April 15 (Yonhap) -- The Korean won has remained relatively weak in recent months, but the country has sufficient dollar liquidity to respond to external shocks, Shin Hyun-song, nominee for the head of South Korea's central bank, said Wednesday.
SEOUL, April 15 (Yonhap) -- South Korea's money supply rose for the fourth consecutive month in February, as increases in savings deposits offset a decline in certificates of deposit (CDs), central bank data showed Wednesday.
Mohammed Soliman is someone who knows the International Monetary Fund and World Bank well. A senior fellow at the Middle East Institute, he has been attending the organisations’ spring meetings for more than a decade. So, when he told The National this week in Washington that the main theme of this year’s IMF-World …
SEOUL, April 15 (Yonhap) -- Samsung Electronics Co. on Wednesday voiced confidence in competing with a planned joint venture between global TV manufacturers TCL and Sony, insisting the market impact of the envisioned entity will likely be limited.
A bill moving through the California Legislature would give taxpayer-funded organizations the power to demand the removal of videos recorded in public spaces — and impose steep financial penalties on anyone who publishes them.
Amazon.com’s $US11.6 billion ($16.3 billion) deal to buy Globalstar ramps up competition with Elon Musk’s Starlink in satellite communications, a market predicted to double to $US200 billion in the coming years.
· Michelle F. Davis, Ryan Gould, Loren Grush, Matt Day, Bruce Einhorn
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) set out temporary regulatory relief measures to prevent a surge in loan defaults and preserve financial stability as rising energy prices strain households and businesses.
Economy class Air New Zealand passengers flying to New York will be able to take a break from their seats and sleep on a bunk bed from November, with the airline announcing its “Skynest” concept will be on sale from May 18.
WASHINGTON (Reuters) -- The World Bank could mobilize $80 billion to $100 billion in funding over the next 15 months for countries hit hard by the war in the Middle East, eclipsing the $70 billion it provided during the COVID pandemic, the bank's president, Ajay Banga, said on Tuesday.
SEOUL, April 15 (Yonhap) -- Finance Minister Koo Yun-cheol stressed that South Korea remains widely open to investment during a briefing with major global investors in the United States, underscoring the Seoul government's market reform efforts, his office said Wednesday.
Import prices posted their sharpest increase in more than 28 years in March, driven mainly by rising global oil prices amid the Middle East conflict, central bank data showed Wednesday.
JP Morgan Chase, the biggest US lender by assets, said it expects strong consumer spending and artificial intelligence investment to contribute to a resilient economy, despite inflation risks associated with the Iran war.
The global economy can still recover rapidly from the Iran war shock if the conflict ends in the next few weeks, but the situation will worsen if it continues through the summer, International Monetary Fund managing director Kristalina Georgieva said on Tuesday.
SEOUL, April 15 (Yonhap) -- Deposits held by trust companies in South Korea expanded 10 percent on-year in 2025, as investors parked more money in trust products amid a bullish stock market, data showed Wednesday.
SEOUL, April 15 (Yonhap) -- Import prices posted their sharpest increase in more than 28 years in March, driven mainly by rising global oil prices amid the Middle East conflict, central bank data showed Wednesday.
Israeli police say they found about 70 Palestinian men hiding in a garbage truck as they attempted to cross into Israel, apparently in search of work. The men were discovered late Monday at a West Bank checkpoint.
America’s biggest banks reported their strongest first-quarter profits in years, driven by a surge in trading — but JPMorgan Chase CEO Jamie Dimon warned the US economy faces a growing list of global risks.
U.S. stocks rallied to the edge of their all-time high, and crude oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war.