China's top central banker said on Saturday (Oct 19) that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the...

Australia's flag carrier Qantas completed on Sunday (Oct 20) a nonstop test flight from New York to Sydney, researching how the world's longest potential commercial...

Chinese Vice Premier Liu He said on Saturday (Oct 19) that China will work with the United States to address each other's core concerns on...

With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings that fuelled the disputes, IMF chief...

Hyundai's Kona has been named the best small diesel SUV by German magazine Auto Bild.The Kona ranked first in an evaluation of four popular small...

Some users of Samsung's latest flagship phones, the Galaxy S10 and Note 10, have found that anyone can get through the fingerprint-access lock simply by...

If the government pushes ahead with its expanded welfare spending plans, Korea's fiscal debt will rise W360 trillion above the government's original target by 2028...

The number of employed people increased by 348,000 on-year in September, but the quality of work did not get better since most were elderly workers...

Women still account for a mere four percent of executives working for Korea's publicly listed companies.According to the Ministry of Gender Equality and Family on...

Korea is far and away the global front-runner in 5G penetration.Mobile carriers estimate the number of 5G subscribers here has now surpassed 3 million, accounting...

Chinese Premier Li Keqiang paid a surprise visit to a Samsung microchip plant in Xian, Shanxi Province on Monday.According to Chinese state media, Li said,...

Hyundai on Tuesday announced ambitious plans to roll out a self-driving car by 2024 and invest W41 trillion by 2025 into future mobility technologies (US$1=W1,186).The...

The International Monetary Fund has drastically slashed its economic growth projection for Korea from 2.6 to just two percent, and for next year from 2.8...

LG Display has completely substituted Japanese-made hydrogen fluoride with locally produced material, about 100 days after Japan imposed curbs on exports of the chemical to...

Korean Air on Monday said it is offering unpaid leave to staff for the first time since its establishment.Employees who have worked for the company...

As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency - one that could allow the government...

Hyundai and affiliate Kia said Friday that they reached a settlement in a class-action lawsuit in the U.S. over defective Theta 2 GDi engines.The two...

Hyundai said Sunday it has hired the former CEO of Audi in North America as the head of sales of the premium Genesis brand in...

The Monetary Authority of Singapore (MAS) is reducing the pace of the Singapore dollar’s appreciation “slightly”, in line with market expectations amid subdued growth and...

Unionized railway workers launched a three-day strike on Friday demanding higher pay and hiring of more staff to ensure safety.The Ministry of Land, Transport and...

Leading the India Inc in deleveraging through aggressive monetisation of assets, Essar Group paid off Rs 1.4 lakh crore debt and residual 10-15 per cent...

President Donald Trump on Saturday (Oct 12) touted his partial, unsigned trade deal with China as a major achievement and the best deal US farmers...

Facebook's digital currency alliance lost more companies on Friday (Oct 11) amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency.Credit...

It was on Sep 26, 2017 when British inventor James Dyson announced ambitious plans for his household appliance firm to plough in £2 billion (S$3.4...

US President Donald Trump on Friday (Oct 11) announced a partial trade deal with China after talks in Washington with Vice Premier Liu He.Here are...

HSBC is planning to cut up to 10,000 jobs as interim chief executive Noel Quinn seeks to reduce costs across the banking group, the Financial...

Tucked away in the south-west of Singapore, at Sembcorp Marine’s Tuas shipyard, Royal Caribbean’s 15-deck Voyager of the Seas cruise ship is getting a US$97...

Amid sluggish growth and benign inflation, economists expect the Singapore central bank to ease its exchange-rate based monetary policy at this month’s semi-annual meeting.The Monetary...

PayPal has pulled out of Facebook’s digital currency project, known as Libra, a blow to the social media company that has faced stronger-than-expected scrutiny over...

The domestic equity market may witness range-bound trade during the holiday-truncated week ahead, and will largely be guided by quarterly earnings from TCS and Infosys...

Tokyo stocks this week are seen being swayed by developments in U.S.-China talks to resolve their trade dispute, with bilateral ministerial talks expected to be...

Technology is one of the areas in which Singapore and India can work on together closely, Deputy Prime Minister Heng Swee Keat said on Friday...

U.S. services sector activity slowed to a three-year low in September amid rising concerns about tariffs, suggesting that trade tensions were spilling over to the...

Korean Air celebrated the 50th anniversary of its first international flight on Wednesday under a cloud of recent scandals.Founded on March 1, 1969, Korean Air...

Malaysia's competition regulator on Thursday (Oct 3) proposed a fine of over RM86 million (US$20.53 million) on ride-hailing firm Grab for violating the country's competition...

The United Auto Workers union said on Tuesday it rejected a new comprehensive offer from General Motors Co. to end a two-week-old strike, saying the...

Global credit rating agency Fitch Ratings on Tuesday downgraded WeWork’s credit rating by two notches to “CCC+,” putting the SoftBank-backed office-sharing firm deep into junk...

 UPS has won government approval to operate a nationwide fleet of drones, which will let the company expand deliveries on hospital campuses and move it...

The Japan Post group said Monday it had confirmed 6,327 cases of irregularities in the sale of its insurance products as of Friday that were...

Twitter said late on Tuesday (Oct 1) that the social media website and its dashboard management platform TweetDeck was hit with an outage, with thousands...

Consumer prices have declined for a second month running, a first for the country's economy.This adds to the woes of the country's economy, which shrank...

In August, a huge outcry greeted Malaysia’s Youth and Sports Minister Syed Saddiq Syed Abdul Rahman when he expressed his intention to introduce the Indonesian...

Big SUVs are finally getting more eco-friendly.Hyundai and affiliate Kia on Sunday said they will release hybrid electric models of two SUVs next year --...

Samsung has secured a deal to supply 5G equipment to Japan's No. 2 mobile service provider, KDDI. The deal comes even as tensions between the...

Nissan plans to restructure its business in Korea as sales are hit hard by a boycott of Japanese products.Nissan Korea on Monday said the company...

China warned on Monday of instability in international markets from any "decoupling" of China and the United States, after sources said the Trump administration was...

Palm oil from an illegal plantation inside an Indonesian rainforest home to endangered orangutans has found its way into the supply chains of major consumer...

Some 260,000 children nominally owned W1.73 trillion worth of shares in listed companies last year (US$1=W1,199).Bareunmirae Party lawmaker Yu Eui-dong on Sunday said the number...

Gasoline prices across the country have risen for the last five weeks since the government scrapped tax breaks in late August.The average gasoline price in...

China's factory activity shrank for the fifth straight month in September, and though the downturn eased off slightly the underlying trend pointed to persistent pressure...

RBI's interest rate decision, macroeconomic data points and global cues would be the key driving factors for the equity market in the holiday-shortened week ahead,...

 The U.S. Federal Aviation Administration late on Friday said it would require operators of some Boeing 737 NG jetliners to conduct inspections for structural cracks...

The United States does not currently plan to stop Chinese companies from listing on US exchanges, Bloomberg reported on Saturday, citing a US Treasury official."The...

McDonald’s is finally taking a nibble of the plant-based burger.McDonald’s said Thursday that it will sell the PLT, or the plant, lettuce and tomato burger...

 In a bid to make Uttar Pradesh an investment hub on both eastern and western freight corridors that pass though the state, the Yogi Adityanath-led...

Health authorities on Thursday banned the sale of 269 common stomach drugs containing the antihistamine ranitidine.The Food and Drug Safety Ministry said analysis of seven...

The following is the full text of a joint statement signed Wednesday by Prime Minister Shinzo Abe and U.S. President Donald Trump in New York...

Korean investors are suing banks for mis-selling them short-term derivative-linked securities involving German sovereign bond yields.Investors who parked their money in the DLS in late...

Renault Samsung will downsize production volume at its plant in Busan by 25 percent from Oct. 7 amid a devastating plunge in demand.The automaker last...

Credit ratings firm Fitch warned on Tuesday that failure to deal with the U.S.-China trade war "could shave 0.5 percent off" Korea's economic growth.Fitch associate...

China's top diplomat hit back at US criticism on Tuesday (Sep 24), saying Beijing had no intention to "play the Game of Thrones on the...

The Korea Composite Stock Price index closed up 0.45 percent on Tuesday at 2,101.04 points, rising above 2,100 points for the first time since July...

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued that Canadian authorities abused their powers and violated...

Hyundai Motor Group will invest US$1.6 billion in a joint venture to develop self-driving vehicle technologies with Aptiv, the biggest overseas investment by the South...

The Federal Aviation Administration said on Monday (Sep 23) that it still has no timeframe to lift the grounding of the Boeing 737 MAX, and...

Equity benchmark BSE Sensex jumped over 200 points in early session on Tuesday, driven by gains in index heavyweights RIL, Infosys, TCS and Maruti, amid...

Samsung's new foldable smartphone, the Galaxy Fold, has survived a brutal endurance test that included burning and bending.The Korean electronics giant belatedly rolled out the...

Messaging app giant Kakao has caved in to government and taxi-lobby pressure and will now only launch a premium ride-hailing service that charges 20 to...

Hyundai has dominated the domestic car market so far this year, while the country's smaller carmakers -- GM Korea, Renault Samsung and Ssangyong -- continue...

Emirates customers flying via Dubai to the United States, including those from Singapore, will soon be able to opt for biometric boarding, making it faster...

Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the...

Chinese telecoms equipment maker Huawei Technologies Co is joining forces with China Mobile to potentially enter a dispute to buy struggling Brazilian carrier Oi SA...

Iconic British travel firm Thomas Cook has failed to find further private investment to stave off collapse and is now relying on an unlikely government...

The OECD on Thursday slashed its growth forecast for Korea for this year by 0.3 percentage points to 2.1 percent amid a slowdown in global...

Samsung is expected to consolidate its position as the world's leading memory chipmaker.Market researcher IHS Markit said Thursday that Samsung is projected to hold a...

 A new terminal for low-cost carriers was opened at Chubu Centrair Airport near Nagoya on Friday, raising expectations for a boost to the number of...

For the first time in more than a decade, the US central bank this week stepped into financial markets to keep interest rates on short-term...

The Government is working out a new pricing model for future public housing in the Greater Southern Waterfront, in order to mitigate the so-called “lottery...

More Koreans bought strengthening U.S. dollars last month than ever before, according to the Bank of Korea on Wednesday.The central bank said that foreign currency...

Shares were mixed in Asia on Tuesday, led by declines in Chinese benchmarks after the credit ratings agency Moody’s downgraded Hong Kong, citing the city’s...

Korea's budget airlines are feeling the strain as Koreans increasingly shun trips to Japan amid an escalating spat between the neighbors, which has led to...

Apple has slashed the price of its latest iPhone, but not in Korea.According to Apple's Korean website, the iPhone 11 64 GB costs W990,000 (US$1=W1,191)....

WeWork owner The We Company said on Monday (Sep 16) it expected to complete its initial public offering (IPO) by the end of the year,...

Seoul is the world's sixth most-expensive city when it comes to groceries, according to Numbeo, a crowd-sourced global database of consumer prices.Numbeo analyzed the cost...

Beer is suffering the brunt of Koreans' boycott of Japanese goods.The Korea Customs Service said imports of Japanese beer for the month of August stood...

The rupee tumbled by 68 paise to 71.60 against the US currency in early trade on Monday, as a sharp jump in global crude oil...

Oil surged to four-month highs on Monday (Sep 16) after weekend attacks on crude facilities at key producer Saudi Arabia sparked supply fears, while shares...

Domestic equity benchmark BSE Sensex plunged nearly 300 points in early session on Monday, dragged by oil and gas stocks, stoked by a massive surge...

The US House Judiciary Committee on Friday (Sep 13) requested information from Apple Inc Chief Executive Tim Cook as part of an investigation of competition...

BMW's engine development and purchasing expert, Markus Duesmann, is set to become the CEO of Volkswagen's Audi premium brand, after BMW dropped its opposition to...

India on Saturday (Sep 14) announced a series of measures to revive the housing sector and boost exports as the government tries to kick-start an...

Automobile sales, excluding tractors is expected to grow 5-7 per cent this fiscal owing to factors such as higher vehicle prices, financing issues and higher...

The market recovered sharply on Friday and gained nearly a percent amid volatility. The Sensex rose 280.71 points or 0.76 per cent to 37,384.99, while...

China will exempt some agricultural products from additional tariffs on US goods, China's official Xinhua News Agency said on Friday (Sep 13), in the latest...

Apple Inc said on Friday Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company's board of directors on Sept. 10.(Reporting by...

The citizen unemployment rate in Singapore rose slightly in the second quarter of this year, according to figures released by the Ministry of Manpower (MOM)...

US President Donald Trump on Wednesday (Sep 12) welcomed China's decision to exempt some US anti-cancer drugs and other goods from its tariffs and announced...

Korea has postponed a lunar exploration rocket launch once again. The Ministry of Science and ICT said Tuesday it will launch a lunar orbit probe...

Unionized workers at GM Korea have downed tools despite a massive bailout only a year ago that secured most of their jobs. It is their...

The value of stocks held by comatose Samsung chairman Lee Kun-hee rose by W2.5 trillion over the last five years due to a huge rise...

A tearful Jack Ma formally left Alibaba on Tuesday, donning a guitar and a rock star wig at an event for thousands of employees of...

Hyundai and affiliate Kia have risen to the No. 5 spot in the global market for electric vehicles.According to market researcher HIS on Monday, Hyundai...

Gaming company Razer will be ploughing S$10 million over the next 12 months to grow Singapore's e-sports and gaming industry, CEO Tan Min-Liang promised. In a...

Deteriorating Seoul-Tokyo relations have led to sales of Japanese automobiles here declining by half, prompting Nissan to consider pulling out of the Korean market altogether,...

LG Display plans to source all its hydrogen fluoride from Korean suppliers after Japan imposed restrictions on exports of the chemical to Korea.At present, LG...

A coalition of US states unveiled on Friday (Sep 6) an antitrust investigation of Facebook, the first of what is expected to be a wave...

Popular online reference website Wikipedia went down in several countries after the website was targeted by what it described as a "malicious attack".The server of...

Indonesia's surprise plan to roll out a nickel-ore export ban two years early could scare foreign investors away from Southeast Asia's biggest economy, analysts say,...

Kia on Thursday unveiled a face-lifted Mohave SUV.The four-wheel drive comes with a 3.0-liter diesel engine offering 260 horsepower and 57.1 kg.m of torque.Models pose...

The Korea Composite Stock Price Index rallied 0.82 percent on Thursday to close at 2,004.75 points after suffering huge declines last month. The KOSPI also...

This year's Chuseok or Korean Thanksgiving comes unusually early, and with it come changes in seasonal gifts.Retailers who find difficulty supplying traditional autumn fruits like...

Travel agencies are reeling from a boycott of Japan, which used to account for more than 20 percent of overseas travel, and massive protests in...

As fresh US tariffs on Chinese imports kick in, Illinois-based phone accessories manufacturer Ben Buttolph has been urgently moving production to other Asian countries despite...

For the first time in years, sales of imported cars in Korea are declining.According to the Korea Automobile Importers and Distributors Association on Wednesday, sales...

Samsung will finally launch its first foldable smartphone on Friday at the IFA electronics fair in Berlin.The Galaxy Fold will cost around W2.4 million, making...

Consumer prices declined last month for the first time since Korea began tallying statistics in 1965, raising concerns of deflation as consumers still do not...

Mercedes-Benz on Tuesday launched a completely revamped version of its luxury GLE SUV in Korea. It is one of the German automaker's most popular models,...

Beleaguered Chinese telecom giant Huawei on Tuesday (Sep 3) denied accusations reported in the Wall Street Journal (WSJ) that it stole technology from a Portuguese...

South Korea's year-on-year inflation in August dipped to an all-time low as farm product prices plunged on improved weather and consumer demand remained weak, strengthening...

China has lodged a complaint against the United States at the World Trade Organisation over US import duties, the Chinese Commerce Ministry said on Monday...

Renault Samsung released another diesel version of its midsize SUV QM6 on Sunday.The SUV boasts one of the best fuel economy rates in its segment,...

Korea's exports last month fell for the ninth month in a row amid a worsening trade war between the U.S. and China and new export...

Women are becoming a new customer base in the market for hair-loss remedies. According to the Health Insurance Review and Assessment Service, women make up...

Fuel prices rose across the country on Sunday, a day after the government ended tax breaks.In Seoul, which has the highest average price for gasoline,...

Bank of England governor Mark Carney has suggested that a virtual currency, modelled on Facebook's Libra, could one day replace the dollar as king of...

The trade war between the two biggest economies of the world hit with a new wave of tariffs because the US is due to impose...

The Trump administration’s latest round of tariffs on Chinese imports took effect early Sunday, potentially raising prices Americans pay for some clothes, shoes, sporting goods...

Hyundai unveiled a new semi-large truck and electric minibus at its own commercial vehicle fair at KINTEX in Ilsan, Gyeonggi Province on Thursday.The Pavise bolsters...

The government has set next year's fiscal budget at W513.5 trillion and plans to issue bonds to pay for it in time for the general...

Samsung was reeling Thursday after the Supreme Court sent conglomerate chief Lee Jae-yong's bribery case back to a lower court and said all the money...

For the first time in eight years, Hyundai has reached a provisional agreement with its labor union on wages without workers staging a walkout.They reached...

BMW said Wednesday it will invest W30 billion to expand its logistics center in Anseong, Gyeonggi Province in a bid to regain consumer confidence following...

President Moon Jae-in on Wednesday attended the ground-breaking ceremony in Ulsan of Hyundai Mobis' first plant making only parts for electric vehicles.Korea's biggest auto parts...

South Korea summoned Japan's ambassador to protest a decision to remove Seoul's fast-track export status, which took effect on Wednesday (Aug 28) amid a deepening...

Porsche recalled 7,000 cars in Korea from January to July this year, or 26 percent of the 27,000 cars it sold here. The German luxury...

A Korean-made light water reactor has won a design certification from the U.S. Nuclear Regulatory Commission, according to the Korea Hydro and Nuclear Power on...

British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for US$5.6 billion to privately held Hilcorp Energy Co, exiting a...

The Hill compound in Hannam-dong in Seoul's Yongsan district is the most expensive residential complex in the capital.A 244.7-sq.m townhouse-style unit at the compound sold...

Hyundai opened a pop-up showroom for hydrogen cars in downtown Shanghai which runs for two weeks until Sept. 8, the carmaker said Monday."We want to...

The country's three smaller carmakers, GM Korea, Ssangyong and Renault Samsung, are in increasing financial straits as markets dwindle and orders vanish.They helped Korea produce...

Kia's Soul compact was evaluated as the best electric vehicle in its segment by German automotive magazine Auto Zeitung.The carmaker said Sunday the compact earned...

Korean-made TVs have accounted for by far the highest proportion of global sales since 2013.Samsung accounted for 31.5 percent in the second quarter of the...

At first sight, Mr Craig Fletcher could be mistaken for any tourist.However, sightseeing is not the main item on his agenda. The Australian was travelling...

British Prime Minister Boris Johnson said on Saturday (Aug 24) he would tell President Donald Trump at this weekend's G7 summit to pull back from...

China will fight back against the latest U.S. step to increase tariffs on Chinese goods, the ruling Communist Party's People's Daily said on Sunday (Aug...

The United States and China exchanged blows on Friday (Aug 23) as each side increased punitive tariffs on the other, intensifying a trade war that...

US President Donald Trump on Friday (Aug 23) said he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on US$75 billion...

Wall Street stocks tanked on Friday (Aug 23) after President Donald Trump vowed a tough response to new Chinese tariffs, escalating the trade war between...

Volkswagen was found guilty on Tuesday for cheating on diesel emissions after a lengthy government probe of German cars in Korea.The Environment Ministry said that...

Korea on Wednesday signed a free trade agreement with Israel.According to the Ministry of Trade, Industry and Energy, Korea's chief trade negotiator Yoo Myung-hee met...