Core inflation eased slightly in February before the recent surge in energy prices, according to a key gauge released Thursday that offers the Federal Reserve a snapshot of conditions leading into the Iran war.
South Korea's financial regulator on Thursday ordered Hanwha Solutions Corp. to submit a revised filing over its plan to issue 2.4 trillion won ($1.6 billion) worth of shares, citing insufficient information.
Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futu…
SEOUL, April 9 (Yonhap) -- South Korea's financial regulator on Thursday ordered Hanwha Solutions Corp. to submit a revised filing over its plan to issue 2.4 trillion won (US$1.6 billion) worth of shares, citing insufficient information.
BRUSSELS — The European Commission's economy chief on Thursday gave his blessing to EU countries seeking to introduce a windfall tax on energy companies that are profiting from skyrocketing fuel prices.
Israel’s cabinet has approved the construction of 34 settlements in the occupied West Bank, a record number that pushes the Palestinian territory further towards annexation.
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TOKYO -- Nikkei and JPX Market Innovation & Research will remove Mitsubishi Logisnext from the JPX-Nikkei Index 400 on April 15, after the stock was designated as "to be delisted" by the Tokyo Stock Exchange.
The U.S. and Iran's "fragile truce" has lifted hopes that a full reopening of the Hormuz Strait can end the energy supply crunch that threatens to cripple the global economy.
The Iran war may do what financial markets have already shown they can: constrain President Donald Trump’s tariff war. As higher energy prices begin to feed US inflation, it becomes harder to justify raising duties further, after a year of aggressive increases.
U.S. Treasury yields showed little movement in early trade Thursday as investors prepared for several key data releases, which will shed further light on the evolving inflationary backdrop and the outlook for interest rates.
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…
A young Palestinian man was killed by Israeli forces late on Tuesday near the village of Tayasir, east of Tubas in the occupied West Bank, Wafa reported, citing Palestinian officials.
Mubadala Investment Company, Abu Dhabi’s strategic investment arm, posted a 17 per cent rise in assets last year, driven by strategic investments in key growth sectors in the UAE and abroad.
SEOUL, April 9 (Yonhap) -- The number of companies facing possible delisting from the South Korean stock market due to poor financial health dropped slightly this year, the country's main bourse operator said Thursday.
South Korea is at a critical juncture in upgrading its capital market, and the introduction of single-stock leveraged exchange-traded funds could help attract investors back from overseas, the head of the local financial investment industry said Thursday.
SEOUL, April 9 (Yonhap) -- An artificial intelligence (AI)-powered credit rating system will be introduced this year to extend more loans and financing to small business owners with high growth potential but little collateral, the financial regulator said Thursday.
A total of 54 listed firms — 12 on the Kospi and 42 on the Kosdaq — face potential delisting after failing to secure clean audit opinions for their 2025 financial statements, the Korea Exchange said Thursday.
SEOUL, April 9 (Yonhap) -- The chief of the Korea Financial Investment Association (KOFIA) said Thursday his organization will soon launch a special forum to draft long-term plans to boost the capital market, saying the country is at a "golden time" to upgrade its financial investment sector.
Shinhan Financial Group will step up its global expansion after surpassing 1 trillion won ($675 million) in overseas pre-tax profit last year, Chairman and CEO Jin Ok-dong said in a shareholder letter released Thursday.
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…
Colombo, Sri Lanka, 07April 2026:Citizens Development Business Finance PLC (CDB) once again played a pivotal role in driving Sri Lanka’s transition toward sustainable mobility as the Official Financial Partner of the Motor EV Technology Show 2026, held from 27th to 29th March at the BMICH – Sirimavo Hall.
Daewoo Engineering & Construction Chair Jung Won-ju has explored ways to collaborate with renowned French architect Dominique Perrault as they discussed the future of the housing market and urban development, the Korean builder said Thursday.
SEOUL, April 9 (Yonhap) -- The country's financial watchdog called on local lenders Thursday to heighten their risk management for exchange-traded funds (ETFs) and prevent the misselling of such products amid a recent surge in sales of the financial products.
MANILA, Philippines — The ongoing weekly price adjustment schemes being implemented by oil price companies may lead to "cartelization" in a highly concentrated petroleum market, according to a lawmaker at the House of Representatives.
SEOUL, April 9 (Yonhap) -- Lotte Card Co. has been notified by the financial watchdog of around 5 billion won (US$3.38 million) in financial penalties and a business suspension of over four months over its massive data leak, informed sources said Thursday.
A currency trader works near a screen showing international oil prices at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, April 9, 2026. (AP Photo/Ahn Young-joon)