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SEOUL, April 7 (Yonhap) -- Officials from major global investment banks and local lenders said Tuesday volatility in the South Korean foreign exchange (FX) market is expected to ease when tensions in the Middle East subside given the country's solid economic fundamentals and stable foreign currency liquidity, accord…
Bill Ackman's Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal.
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…
China’s Yangtze Memory Technologies Co. is rapidly closing in on the world’s top makers of NAND flash memory, scaling production and advancing into higher-layer chips at a faster-than-expected pace. Korean chipmakers, long dominant in the market, are accelerating their shift to advanced nodes to defend their technol…
South Korea saw a sharp increase in the number of companies facing potential delisting in the first quarter as regulators stepped up efforts to tighten market oversight.
Queensland’s residential care system for at-risk children has lurched into a “financial catastrophe” as costs balloon past $1 billion a year, an inquiry has heard.
Sports industry experts stress importance of good support services for athletes after government updates plan to meet international standards
Sports industry experts stress importance of good support services for athletes after government updates plan to meet international standards
SEOUL, April 7 (Yonhap) -- Finance authorities will expand policy financing programs and ease bond refinancing burdens for companies affected by the prolonged crisis in the Middle East, the financial regulator said Tuesday.
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SEOUL, April 7 (Yonhap) -- The Bank of Korea (BOK) said Tuesday it held a joint seminar with the Bank of France on digital assets and climate change to discuss their impact on the economy and the role of central banks in the fast-changing financial environment.
Four months after a sweeping data breach that put its dominance in question, e-commerce giant Coupang has held, if not tightened, its grip on the country's online retail market, data showed Tuesday.
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Number of outgoing residents up 14.3 per cent year on year to 2.1 million, but more inbound visitors over same period leads to high hotel occupancy
Number of outgoing residents up 14.3 per cent year on year to 2.1 million, but more inbound visitors over same period leads to high hotel occupancy
Vietnam’s top leader To Lam swears in as the country’s president in Hanoi, Vietnam Tuesday, April 7, 2026. (Duong Van Giang/VNA via AP)
This is AI generated summarization, which may have errors. For context, always refer to the full article.
The Iran war is affecting daily life in Japan, impacting local ferry services, food prices and public baths. (Source photos by Nankai Ferry/Kyodo and Akitoshi Sugiura)
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Tuesday, April 7, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
Security officials received on Monday a document listing far-right activists’ activities in the West Bank for the month of Adar, a habit that extremists have acquired over the past few months.
SEOUL, April 7 (Yonhap) -- Downside risks to the South Korean economy are increasing amid the prolonged conflict in the Middle East as rising global oil prices and supply chain disruptions could have broader negative impacts on prices, consumption and exports, a state-run think tank said Tuesday.
There is little doubt that the crisis caused by Iran’s threatening of civilian shipping the Strait of Hormuz is now a global one. However, the clamour surrounding energy shortages, market fluctuations and disrupted supply chains can obscure the price being paid by one of the most vulnerable communities in the eye of…
The rising number of attacks on Gulf energy infrastructure is likely to lead to higher prices and affect economic growth in the region, according to analysts.
GC Wellbeing announced Tuesday that it contracted a deal for exporting GCelle Rebornne to Japan, accelerating its expansion into the Asian medical aesthetics market.
A women uses an iPhone mobile device as she passes a lighted Apple logo at the Apple store at Grand Central Terminal in New York City on April 14, 2023. The company's long-awaited entry into the foldable smartphone market is encountering some engineering testing issues, Nikkei Asia has learned. © Reuters
Record payouts come as regulators push listed companies to enhance dividend frequency and predictability
BANGKOK, April 7, 2026 /PRNewswire/ -- Mula-X today announced the rollout of Passkeys+ from Ideem, potentially replacing SMS-based OTPs with biometric, device-bound authentication across its digital wallet platform. With this move Mula-X has positioned themselves as an industry leader by delivering a significantly i…
LONDON (Reuters) -- The Strait of Hormuz's closure and the resulting surge in global oil prices have handed financial windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative shipment routes have lost billions of dollars, a Reuters analysis found.
SEOUL, April 7 (Yonhap) -- Celltrion Inc., a leading South Korean biopharmaceutical company, said Tuesday its biosimilar Truxima, used to treat blood cancers, claimed the largest share of prescriptions in the United States in February.
Topic:Unrest, Conflict and War
The Reserve Bank of India, which officially does not target a level for the rupee, has often dipped into its foreign reserves over the past few months in a bid to contain volatility in the currency. (Photo by Yuki Kohara)
Mainland’s stock market watchdog is discouraging establishment of ‘red-chip-structured’ companies in sensitive industries
Mainland’s stock market watchdog is discouraging establishment of ‘red-chip-structured’ companies in sensitive industries
A Frankfurt cinema’s decision not to participate in the local Jewish film festival is spurring allegations of antisemitism, even as its manager says the move was financial.
Liam Walsh is an investigations reporter with ABC News in Queensland. He has won multiple media awards for his coverage of issues like political corruption and corporate wrongdoing. His experience ranges from working in newspapers in Japan to The Australian Financial Review. Contact Liam on walsh.liam@abc.net.au, vi…
The head of the International Monetary Fund (IMF) warned that the war on Iran will drive higher inflation and slower global growth, even if the conflict ends quickly.
Samsung Electronics posted record-breaking quarterly earnings that far exceeded market expectations, driven by surging demand for AI memory chips.
This report is from this week's CNBC's The China Connection newsletter, which brings you insights and analysis on what's driving the world's second-largest economy. You can subscribe here.
Yiying Li is a digital reporter/producer at ABC News Perth and ABC's Business Reporting Team where she covers financial markets and economic policies. She also previously worked as a journalist on ABC's national Breaking News Team, reporting major breaking news events across Australia and the world.
I first met Hyun Song Shin in the early 2000s, when I had just come out of my PhD and he was already a prominent figure at the London School of Economics. He was then in the Finance Department and welcomed me into his programme on financial stability at the Centre for Economic Performance. At the time, I came from a…
The U.S. stock market drifted higher in tentative trading ahead of a deadline President Donald Trump has set to bomb Iranian power plants.
The Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe announced two key measures aimed at accelerating the adoption of QR-based digital payments in Sri Lanka, signalling what he described as a ‘significant leap forward’ in the country’s digital finance landscape.
President Anura Kumara Dissanayake pointed out that digitalisation is a key Government priority and that through the digitalisation of all forms of transactions, a transparent, efficient, reliable and secure system can be established, while also enabling the gradual integration of the informal sector of the country’…
The Credit Information Bureau of Sri Lanka (CRIB), under the guidance of the Central Bank of Sri Lanka (CBSL), has announced a series of relief measures aimed at supporting individuals and businesses affected by recent floods and cyclonic winds triggered by Cyclone Ditwah.
The Ceylon Petroleum Corporation (CPC) has taken steps to purchase 90,000 metric tons of crude oil (WTI) from the United States to meet Sri Lanka’s future crude oil requirements. Accordingly, the crude oil stock is scheduled to arrive in the country by the last week in May, Managing Director of the CPC and the Petro…
Global shipping accounts for nearly 80–90 per cent of world trade by volume and remains the backbone of the international economy. At the core of this system lies the Flag of Convenience (FOC) model, which enables shipowners to register vessels in jurisdictions offering efficiency, low taxation, and regulatory flexi…
Investors are growing more cautious about companies making big deals as conflict in the Middle East clouds the macroeconomic outlook. (Photo by Mayumi Tsumita)
The National Savings Bank presented its Annual Report 2025 to the Secretary to the Treasury, Dr. Harshana Suriyapperuma, at the Ministry of Finance on April 1.
The Commercial Bank of Ceylon has further strengthened its focus on delivering a superior customer experience with the expansion of its ‘ComBank Shakthi’ Agency Banking network by 22 new outlets across the country, strengthening its commitment to making banking services more accessible to communities beyond the reac…
The Association of Professional Bankers (APB) Sri Lanka recently hosted a ceremony to felicitate distinguished members who have risen to the highest leadership positions in the banking industry. Among the honorees was Hemal Chaminda Lokugeegana, the General Manager/CEO of HDFC Bank of Sri Lanka.