Business

South Korean President Lee to Meet U.S. Business Leader on Economic Cooperation

South Korean President Lee Jae Myung is set to meet Evan G. Greenberg, chair of the U.S.-Korea Business Council and CEO of Chubb Group, to discuss strengthening economic cooperation...

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...

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...

Chip Sell-Off Drives Kospi Down Over 10%, Asian Markets Decline

Asian stock markets experienced a downturn on Tuesday, primarily driven by a significant sell-off in South Korea. The Kospi index saw a steep decline,...

AI Drives Surge in SK Eternix Stock Amid Renewable Energy Optimism

Investors are showing increased interest in SK Eternix, the renewable energy branch of South Korea's SK Group, as its shares have soared by over...

Lee Promises Aggressive Housing Reforms to Combat South Korea Property Bubble

In a bold move to avert an economic crisis, South Korean President Lee Jae Myung has committed to advancing significant housing reforms, despite the...

Oil Surge and AI Sell-Off Plunge South Korea Stocks Amid Tensions

Asian markets showed mixed performances on Monday, with most indices rising except for South Korea’s Kospi, which plummeted nearly 5%. The sharp decline was...

Breaking: Uber Purchases Delivery Hero in a $14.8 Billion Agreement

Uber Technologies is set to bolster its international food delivery operations with the acquisition of Germany's Delivery Hero for $14.8 billion. This strategic move...

Escalating US-Iran Tensions Cause Oil Prices to Drop

Oil prices dipped slightly on Thursday, with investors taking profits and evaluating the effects of escalating tensions between the United States and Iran. Brent...