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China moves to simplify forex settlements and make cross-border business easier

China plans to expand foreign exchange settlement services and streamline cross-border trade payments, in a move to lower transaction costs and facilitate international commerce. The State Administration of Foreign Exchange (Safe) on Monday released a draft notice for public consultation outlining nine measures to f…

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Youngone, FKI host Bangladesh delegation to boost business ties

Youngone Group and the Federation of Korean Industries hosted a high-level Bangladeshi delegation Monday in Seoul to explore new trade and investment opportunities/ The meeting, held at FKI Tower in Yeouido, brought together Bangladesh Finance and Planning Minister Amir Khosru Mahmud Chowdhury and senior Korean busi…

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US trade commission terminates Samsung chip patent probe following settlement with Netlist

The US International Trade Commission has formally terminated a patent infringement investigation involving Samsung Electronics and several major American technology companies following a settlement between the South Korean chipmaker and US chip firm Netlist, according to a federal notice published Monday. The inves…

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White House cites S. Korean trade deal, Alaska gas project among Trump's fulfilled pledges

The White House on Monday highlighted US President Donald Trump's trade agreement with South Korea and a Alaska natural gas project involving Seoul among his fulfilled campaign promises, as it touted his achievements on the eve of the U.S. midterm elections. In a press release highlighting policies promised and deli…

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Cheap fashion under pressure as Bangladeshi garment workers protest for pay hike

Thousands of Bangladeshi garment workers blocked a major highway and clashed with police on Monday, demanding a monthly minimum wage more than double their current pay, as protests spread across industrial hubs. The South Asian nation of 170 million people is the world’s second-biggest garment exporter behind China,…

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No signs of wrongdoing in Woojin bid-rigging probe: source

Two on-site inspections of Woojin Industrial Systems by the Fair Trade Commission have yielded no apparent evidence of bid-rigging, according to an industry source familiar with the matter Monday. The FTC launched an investigation into Woojin, Korea's second-largest railway vehicle manufacturer, and at least one oth…

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UKMTO says vessel hit by two projectiles near Saudi Arabia

UKMTO says vessel hit by two projectiles near Saudi Arabia A tanker travelling south east through the Gulf was struck by two unidentified projectiles on its port side, the United Kingdom Maritime Trade Operations (UKMTO) agency said. The incident occurred 72 nautical miles east of Saudi Arabia's Ras al-Khafji. UKMTO…

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The UK's stance on its role in the slave trade is shifting, but reparations remain off the table

LONDON — Prime Minister Andy Burnham has said he is open to making a formal apology for Britain's role in the trans-Atlantic slave trade, a significant shift in the U.K.'s position in a long-running debate on whether — and how — the country should right the wrongs of its past.

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Chanel, Charlotte Tilbury and Hailey Bieber’s Rhode offer 2-in-1 beauty products – but are they any good?

Probably 2-in-1 shampoo was the first beauty product that offered to save you a step, and for a while it was everywhere: in every gym bag, in every travel kit, on every bathroom shelf that didn’t have room for two bottles. BB cream did something similar for the face a while later, folding moisturiser, coverage and a…

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49ers’ attempt to reunite with former receiver failed before trade deadline: report

After striking a reunion with DeForest Buckner earlier this week, the San Francisco 49ers were on the verge of bringing back another former player. During “The Inside Scoop” segment of the “Fox NFL Sunday” pregame show with Jay Glazer, he revealed the 49ers had a deal in place for Jauan Jennings this week, but he...

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The US-China trade war seems to have subsided – but the sense of calm is misleading

A truce has cooled the trade conflict, but neither country has done anything to limit the outbreak of new hostilitiesDonald Trump’s trade wars have largely fallen off the headlines. Fears of new tariffs flare up from time to time when the US president goes off the rails – for instance, threatening to end US trade wi…

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From rifles to radar: China upgrades its African arms trade as Russia and the West retreat

For decades, China has supplied African militaries with small arms and land-based equipment such as armoured vehicles, trucks and artillery. Now, it is selling them more specialised weapons, including armed drones and electronic warfare systems. Analysts noted that China’s African arms sales were shifting qualitativ…

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Why some EU and Chinese firms are keen to cooperate – even as tensions simmer

While trade tensions between Beijing and Brussels remain elevated, some European businesses are pointing to disruptions from the United States as a bigger challenge. Instead, they are seeking closer cooperation with China, even as Chinese carmakers scramble to front-load exports ahead of potential future trade barri…

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[APK 2026] Merz calls for global alliance to defend rules-based trade

German Chancellor Friedrich Merz on Friday called for a global alliance of like-minded economies to defend rules-based trade, urging closer coordination between Europe and the Indo-Pacific as protectionism and geopolitical tensions threaten the international trading system. Speaking at the 19th Asia-Pacific Conferen…

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Will Argentina’s citizenship scheme lure property buyers from mainland China and Hong Kong?

Argentina is the latest country seeking to lure investors with an investment-for-citizenship programme, providing another residency and diversification option for the wealthy, including those from mainland China and Hong Kong, according to analysts. Buenos Aires in October announced two principal investment routes f…

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