Business

South Korea Trials Container Ship on First Arctic Route Journey

In a significant move towards exploring alternative shipping routes, South Korea has embarked on its inaugural trial voyage through the Arctic's Northern Sea Route. This development comes as disruptions...

Heatwaves, Conflicts Drive Global Food Prices to Three-Year Peak

In July, global food prices soared to their highest in over three years, mainly due to extreme weather...

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...

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...

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...

Vietnam Pledges to Bolster ASEAN–Russia Strategic Partnership

Vietnam has underscored its pivotal role in enhancing cooperation between ASEAN and Russia, following the recent ASEAN–Russia Commemorative Summit that celebrated 35 years of...

South Korea Continues Lower Tariffs on Taiwan Fruits Through August

South Korea has announced an extension of its preferential tariff program on Taiwanese fruit imports, significantly reducing import duties on bananas, pineapples, and mangoes...

Elon Musk Becomes First Trillionaire as SpaceX Soars in Market Debut.

SpaceX has made a monumental entry into the public market with one of the largest initial public offerings ever recorded. Trading commenced at $150...

Putin Authorizes Sale of TotalEnergies’ Stake in Arctic LNG 2 Project

In a significant development in the global energy sector, Russian President Vladimir Putin has given the green light for the French energy company TotalEnergies...

Japan and South Korea Discuss Military Logistics Support Agreement

South Korea and Japan are considering a military logistics support agreement, as revealed by South Korean Defense Minister Ahn Gyu-back. This development follows discussions...

Cuban-Bound Russian Tanker Alters Route Following Atlantic Hold-Up

A Russian tanker laden with diesel fuel intended for Cuba has reportedly been diverted toward Brazil after spending weeks adrift in the Atlantic Ocean....