S. Korea feared to face inflation, slower job market amid Middle East war
South Korea is feared to face higher consumer prices and a slower job market due to the fallout from the Middle East war, the finance ministry said Friday.
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South Korea is feared to face higher consumer prices and a slower job market due to the fallout from the Middle East war, the finance ministry said Friday.
Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
SEOUL, June 12 (Yonhap) -- Bank of Korea (BOK) Gov. Shin Hyun-song on Friday reiterated the need to raise the key rate at an upcoming monetary policy meeting to ease mounting inflation pressure stemming from the prolonged Middle East war.
SEOUL, June 12 (Yonhap) -- South Korea is feared to face higher consumer prices and a slower job market due to the fallout from the Middle East war, the finance ministry said Friday.
Iranian leadership has not confirmed claim, after the US president announced that planned strikes on Iran had been cancelled
Oil prices fell Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes the Middle East conflict could be nearing its end.
The Trump administration plans to deport a number of Iranians and other migrants to the Central African Republic, a chronically unstable country racked by violence and poverty, two lawyers and an official briefed on the matter told Reuters.
A US judge on Thursday allowed an Iranian-born engineer to be released on bail just days before his trial on charges linked to a deadly drone attack on a US military base in Jordan carried out by Iran-backed terrorists in 2024.
Seoul stocks opened sharply higher Thursday as investors pinned hopes of a possible end to the Iran war after President Donald Trump said the US has reached a "great settlement."
The Israeli military is establishing a permanent base in the occupied West Bank city of Jenin, marking the first such installation in an area under full Palestinian Authority civil and security control since the 1993 Oslo Accords, according to a report by the Israeli newspaper Haaretz.
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Lebanese foreign minister Youssef Raji discussed negotiations with Israel and the security situation in southern Lebanon during talks in Paris with French foreign minister Jean-Noel Barrot.
SEOUL, June 12 (Yonhap) -- South Korea's bourse operator on Friday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the index spiked sharply on hopes for an end to the Middle East conflict.
US President Donald Trump said Thursday that a peace agreement with Iran is in "pretty final shape" and could be signed in Europe this weekend, noting his understanding that Iran's top leader has approved it.
The Israeli government has approved an initial allocation of $51 million for planning work related to 69 settlements and outposts in the occupied West Bank, according to anti-settlement organisation Peace Now.
SEOUL, June 12 (Yonhap) -- Seoul stocks opened sharply higher Thursday as investors pinned hopes of a possible end to the Iran war after President Donald Trump said the U.S. has reached a "great settlement."
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SEOUL, June 12 (Yonhap) -- The government remains vigilant over recent inflation and labor market trends in the wake of the Middle East war and will make proactive efforts to shield people's livelihoods from the fallout of the geopolitical crisis, the finance minister said Friday.
Iran’s Foreign Ministry spokesman Esmail Baghaei has denied US President Donald Trump’s claim that the country’s leadership had approved a preliminary peace deal.
Iran’s state broadcaster IRIB reported that explosions heard off the coast of Sirik in southern Iran were linked to a confrontation involving a vessel that was attempting to pass through the Strait of Hormuz in violation of Iranian restrictions.
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A coalition of medical associations representing over 13,000 healthcare workers in the UK is calling on the British government to immediately pause the rollout of a series of measures that would censor pro-Palestine advocacy within the National Health Service (NHS).
SANTO DOMINGO, Dominican Republic (AP) — The Dominican government said Thursday that it plans to increase or implement new taxes to generate some $800 million in additional revenue a year to offset a surge in oil prices blamed on the Iran war.
Iran has not yet made a final decision on a potential agreement with the United States, according to the country's Foreign Ministry spokesman.
US President Donald Trump has claimed an initial agreement aimed at ending the war with Iran is close after posting that he had cancelled strikes on the country.
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United Torah Judaism chairman MK Yitzhak Goldknopf sent Prime Minister Benjamin Netanyahu a letter on Thursday protesting what he described as the exclusion of ultra-Orthodox communities and local authorities in the West Bank from a new government plan related to settlement development in the area.
Beni Sabti, an Iranian researcher at the Institute for National Security Studies (INSS), implied that Israel is a US proxy, just as Hezbollah is an Iranian proxy, and criticized the American strategy amid the exchange of blows between the United States and Iran during an interview for 103FM.
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US President Donald Trump says there is now a “very strong” and “detailed” memorandum of understanding outlining a possible agreement with Iran.
More than 60 members of the United States Congress have called on Israel to lift restrictions on Palestinian cancer patients in Gaza so that they may seek treatment in hospitals in the occupied West Bank and East Jerusalem.
A poll published by an Israeli research center on Tuesday has revealed that most Israelis do not want Prime Minister Benjamin Netanyahu to run in the upcoming election.
Iran and the US both signalled a breakthrough in ceasefire talks on Thursday, with US President Donald Trump saying an agreement to end the war and start wider negotiations could be signed over the weekend, while Iranian media said the chances of a deal were “high”.
US President Donald Trump says a deal between Washington and Tehran could be signed in Europe as soon as this weekend.
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An improvised base in Mexico has become Team Melli’s unlikely World Cup home as security fears, visa disputes and political divisions shape their tournament
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U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening. That raised hopes Thursday for a potential deal to get the global flow of oil going again.
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US President Donald Trump has cancelled planned strikes on Iran, saying talks with the Islamic Republic are moving forward with the country’s top leadership. The announcement came just hours after he again threatened to hit Iran “very hard.” Tensions between Washington and Tehran have surged in recent days despite a…
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Four children, including two babies under the age of one, a 3-year-old boy, and a 3-year-old girl, have been evacuated by medics to Hadassah Ein Kerem Hospital for an unspecified illness, Magen David Adom (MDA) reported Thursday night.
US President Donald Trump says discussions on a proposed agreement with Iran have been approved “in both concept and great detail” by a broad group of regional and international partners.
Israeli authorities have deported a French journalist who has often been critical of Israel’s genocidal war on Gaza and its policies in the occupied West Bank.
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