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SEOUL, May 13 (Yonhap) -- South Korean stocks opened sharply lower Wednesday, tracking overnight losses on Wall Street caused by a drop in blue chip tech shares and a faster-than-estimated rise in U.S. inflation, as well as uncertainties over peace talks between the United States and Iran.
US Senator Chuck Schumer urged Republicans to support a War Powers Resolution aimed at ending President Donald Trump’s military campaign against Iran, arguing that the conflict was driving up fuel prices across the United States.
(URGENT) Seoul shares open 1.55 pct higher at fresh record high of 7,499.07 on hopes for U.S.-Iran peace deal
Yemen has condemned Iran for what it said were “hostile acts” on Kuwait’s Bubiyan Island carried out by an armed group affiliated with the Iranian Revolutionary Guard Corps (IRGC).
President Donald Trump departed Washington for Beijing Tuesday and his high-stakes summit with Chinese President Xi Jinping. As he left, Trump downplayed differences with Xi over the war in Iran and predicted “good things are going to happen” during the visit.
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Asia-Pacific markets were set to open mixed Wednesday, as investors digest a hotter-than-expected inflation reading for April amid concerns over higher oil prices and the ongoing Middle East conflict.
San Jose-based eBay was hammered by a massive cyberattack allegedly carried out by a pro-Iran hacking group that’s now threatening some of world’s biggest tech companies.
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There was a bit of a narrative shift on display in Congress as back-to-back hearings on Capitol Hill with top defense and Trump admin officials played out Tuesday, with Secretary of War Pete Hegseth repeatedly on the defensive as he and the administration face intensified scrutiny over the Iran war.
Alex Palou celebrates after winning the IndyCar championship Sunday, Aug. 31, 2025, at Nashville Superspeedway in Lebanon, Tenn. (AP Photo/George Walker IV, File)
Saudi Crown Prince Mohammed bin Salman and United Arab Emirates President Mohamed bin Zayed Al Nahyan held a telephone conversation to discuss regional developments and efforts to strengthen security and stability, according to the Saudi Press Agency.
Hezbollah said it carried out 25 strikes against Israeli forces and military equipment across southern Lebanon on Tuesday. The group said it targeted a “Drone Dome” jamming system, two communications vehicles and a Merkava tank at the al-Abad site.
Varias mujeres lloran mientras cargan el cuerpo de Mariam Fahos, de 6 meses de edad, durante una procesión funeraria en honor de las personas muertas el día anterior en un ataque aéreo Israelí en el poblado de Saksakieh, en la ciudad portuaria de Sidón, en el norte de Líbano, el domingo 10 de mayo de 2026. (AP Foto/…
It’s a banner month for Jew-hating propaganda at The New York Times, where libel against the state of Israel is normalized and celebrated.
(URGENT) Seoul shares open 1.55 pct higher at fresh record high of 7,499.07 on hopes for U.S.-Iran peace deal
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An Israeli drone attack has killed one Palestinian and wounded several others in the Nuseirat refugee camp in central Gaza, Wafa reported.
A landmark lawsuit brought by the parents of the first US victim of Hamas could finally stop American groups accused of funneling money to the terror group.
Robert Kagan, one of the United States’ most prominent neoconservative voices and a long-time pro-Israel hawk, has warned that Washington is heading towards “total defeat” in its war on Iran - a setback he says “can neither be repaired nor ignored”.
Pressure over Iran reveals cracks in South Korea-U. S. alliance
By Timofey Bordachev, Program Director of the Valdai Club
By Timofey Bordachev, Program Director of the Valdai Club
Israel has qualified to compete in Saturday’s Eurovision Song Contest final amid ongoing controversy surrounding the country’s participation.
As Donald Trump left for Beijing, he said he would talk to China's president about the war but did not need help to end it.
Israel have sailed through to the final of the Eurovision Song Contest, with the lovestruck pop song Michelle, performed by 28-year-old Noam Bettan.
An oil terminal in Texas, a state serving as a major U.S. energy export hub. Reports say 15 tankers departed the U.S. for China in April. (Photo by Ryosuke Hanafusa)
The Arthur Rubinstein International Piano Master Competition, named after the legendary Polish-Jewish pianist and devoted supporter of the State of Israel, is widely recognized as one of the world’s premier musical tournaments.
Hezbollah has created a systematic action plan to occupy Beirut in order to push out pragmatic elements, Walla learned on Tuesday.
A Toronto resident was charged on Tuesday for vandalizing a Jewish center's menorah after being identified by The Jerusalem Post.
Palestinian contractors from Gaza, who were scheduled to reach the Israeli-controlled side of the strip in order to work on rebuilding Rafah, were blocked by Hamas last week, KAN reported on Tuesday.
The US Justice Department on Tuesday threatened to slap possible federal charges against protesters at an anti-Israel rally outside a Brooklyn center where a Jewish woman and Orthodox boy were attacked.
Hamas waged a widespread campaign of rape during the Oct. 7 massacre — including sexual torture designed to destroy entire families — and in the months following, a horrific two-year investigation released Tuesday concluded.
First it was revealed this week that UAE had directly attacked Iran in retaliatory strikes earlier in Operation Epic Fury, and now it has come to light that the Saudis did the same, and in multiple strike operations.
(URGENT) Seoul shares open 1.55 pct higher at fresh record high of 7,499.07 on hopes for U.S.-Iran peace deal
(URGENT) Seoul shares open 1.55 pct higher at fresh record high of 7,499.07 on hopes for U.S.-Iran peace deal
US President Donald Trump is set to meet his counterpart, Xi Jinping, on Thursday in Beijing for a two-day visit. Business and trade deals are at the top of the agenda for the leaders of the world’s two largest economies, but Iran will loom large in the background.
Saudi Arabia launched numerous, unpublicized strikes on Iran in retaliation for attacks carried out in the kingdom during the Middle East war, two Western officials briefed on the matter and two Iranian officials said.
Gas prices are displayed at a Westar gas station in Miami, Tuesday, May 12, 2026. (AP Photo/Marta Lavandier)
WASHINGTON — US President Donald Trump on Tuesday insisted that his policies were working and that surging inflation was merely temporary due to the US and Israeli war against Iran.
The U.S. government will loan 53 million barrels of oil from the Strategic Petroleum Reserve (SPR) to petroleum companies in a bid to relieve elevated gas and oil prices amid the conflict with Iran.
Israel’s Prime Minister Benjamin Netanyahu agreed to a newsy interview with “60 Minutes” with Major Garrett that aired on Sunday following an unusual “negotiation” with CBS News boss Bari Weiss that iced out the show’s legendary correspondent Lesley Stahl, The Post has learned.
United States President Donald Trump has departed the White House en route to Beijing, where he will meet with his Chinese counterpart Xi Jinping.
Asked whether Americans’ financial situation was motivating him to make a deal, President Trump said bluntly, “Not even a little bit.”
WASHINGTON — Secretary of War Pete Hegseth insisted the US has “control” of the Strait of Hormuz during surprisingly civil testimony before House and Senate appropriators on the Pentagon’s wallet-busting $1.5 trillion budget plans.
US President Donald Trump says he does not need help from Beijing to end the war with Iran but says he will talk at length with Chinese President Xi Jinping when they hold a summit this week.
US ambassador to Israel Mike Huckabee has warned Arab Gulf states that they must "make a choice" between Israel and Iran amid the current standoff, after 40 days of a US-Israeli war on Iran that saw it target and destroy US-aligned assets in the region in retaliation.
Iran on Tuesday revealed its demands in a counteroffer to the United States that President Trump shot down on Sunday, which has put the whole conflict and Pakistan-mediated talks in a holding pattern and stalemate, as the Strait of Hormuz remains effectively blocked.
Cristiano Ronaldo will have to wait a little longer for his first major trophy in Saudi Arabia after Al Nassr were held to a draw by Al Hilal on Tuesday night.
The sharp rise in gasoline prices caused by the Iran war has led to bipartisan calls, and in some cases action, to reduce US gas taxes. At least three Republican-run states have declared gas-tax holidays, and three Democratic US senators have introduced legislation to suspend the federal gas tax until October. Sever…
