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...

China, Russia Celebrate 25 Years, Strengthen Strategic Alliance in New Treaty

China and Russia have reaffirmed their dedication to strengthening their bilateral relationship and enhancing long-term strategic cooperation as they commemorate the 25th anniversary of...

South Korea’s Kospi Drops 6.6% as Asian Markets Decline, Oil Prices Drop

Asian stock markets saw a general downturn on Thursday, with South Korea's Kospi leading the decline with a significant 6.6% drop. The downturn in...

Semiconductor Surge Boosts South Korea’s 2026 Growth Forecast to 3%

South Korea has adjusted its economic growth projection for 2026, raising it from 2% to 3%, buoyed by strong semiconductor demand and a solid...

South Korea Boosts 2027 Budget, Driven by AI and Semiconductor Expansion

South Korea is gearing up for a substantial financial leap by setting a record budget that surpasses 800 trillion won for the year 2027....

Armenian Leader Pashinyan Engages Russia to Address Trade, Diplomatic Strains

Armenian Prime Minister Nikol Pashinyan has embarked on his first visit to Russia following his re-election, marking a significant diplomatic engagement amidst strained relations....

LG Electronics Achieves Highest Q2 Revenue and Profit Ever Recorded

LG Electronics has achieved its best-ever financial performance for the second quarter, bolstered by strong consumer interest in its home appliances, vehicle components, and...