Business

Trump’s Russian Diesel Deal Raises Questions About US Sanctions Policy on Moscow

In a striking policy shift, U.S. President Donald Trump has announced a deal with Russian President Vladimir Putin to increase the supply of diesel from Russia to the United...

Trump Threatens High Tariffs on Foreign Firms Without US Manufacturing Plants

U.S. President Donald Trump has issued a stern warning to foreign companies, stating they could face tariffs ranging...

Russia to Boost 2027 Defence Budget by 27% amid Rising Deficit

Russia is set to significantly increase its defense spending, with plans to allocate 17.1 trillion rubles (approximately $202.6...

Russia’s 2027 Budget Draft Proposes Tax Increases on Passive Income and Dividends

Russia's Finance Ministry has unveiled a draft federal budget for 2027-2029, introducing several new tax measures aimed at...

Semiconductor Shares Drive Seoul Stocks Up 1.65% in Market Surge

South Korean stocks posted significant gains on Monday, propelled by a robust performance in semiconductor shares, which helped...

UAE and South Korea Boost Bilateral Ties in High-Level Talks

South Korean President Lee Jae Myung held discussions with Khaldoon Khalifa Al Mubarak, chairman of the Executive Affairs Authority of Abu Dhabi, on Friday...

US-South Korea $200 Billion Investment Hit by Funding and Nuclear Issues

Negotiations between South Korea and the United States regarding a $200 billion investment package have hit roadblocks due to disagreements over nuclear projects and...

Housing Issues Cause Sharp Decline in President Lee Jae-myung’s Approval Rating

In South Korea, President Lee Jae-myung is confronting a significant dip in his approval ratings, which have plummeted to a new low amid widespread...

AI Safety Concerns Trigger Sharp Decline in SoftBank’s Share Value

Concerns over the rapid development and potential regulation of artificial intelligence (AI) weighed heavily on Asian markets on Monday, leading to mixed performances. Shares...

South Korea Invests $22.3 Billion in Texas Gas Project via US Pact

South Korea is eyeing a significant $22.3 billion investment in a natural gas power project located in Texas, marking its first substantial contribution under...

LG Electronics Expands Focus to Robotics Actuators and B2B Appliances

LG Electronics is strategically focusing on robotic actuators and business-to-business (B2B) appliances as key growth sectors. The company is gearing up for potential large-scale...