South Korea
Asia-Pacific markets fall, tracking declines on Wall Street
Japan finance minister calls U.S. tariffs ‘regrettable’ as trade talks stall Japan’s Finance Minister Katsunobu Kato said on the sidelines of the Group of Seven meeting in Banff, Canada, that the U.S. tariffs are “regrettable,” Reuters reported Thursday. In a bilateral meeting between Kato and U.S. Treasury Secretary Scott Bessent, both sides agreed that the […]
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Asia-Pacific markets mostly rise after Wall Street rally pauses
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan’s benchmark Nikkei 225 slipped 0.23% after the country reported that exports slowed for a second straight month as the country reels […]
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South Korea vows support for biopharmaceutical, auto sectors over US tariffs
Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the company’s shipping yard at the Port of Pyeongtaek on April 03, 2025 in Pyeongtaek, South Korea. Chung Sung-Jun/Getty Images South Korea’s government pledged on Wednesday more support measures for key export industries, including the biopharmaceutical and auto sectors, which are expected to be hit by […]
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The most common travel scams in 9 global cities
The travel industry is one of the sectors most susceptible to fraud, with scams rising 18% during the summer peak season and 28% in the winter peak season in 2024, according to a new report. The report, published last Tuesday by the Mastercard Economics Institute, showed that fraud related to travel agency and tour company […]
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Asia-Pacific markets fall as investors assess U.S.-China trade developments
© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets fell Thursday, after mostly gaining in the previous session on easing U.S.-China trade tensions. Japan’s benchmark Nikkei 225 fell 0.90%, while the Topix lost 0.75%. South Korea’s Kospi declined 0.29% while the small-cap Kosdaq slipped 0.37%. Australia’s benchmark S&P/ASX 200 lost 0.24%. Hong Kong’s Hang […]
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Asia-Pacific markets mostly extend rally on easing U.S.-China tensions
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets traded mostly higher Wednesday after key Wall Street benchmarks rose on easing U.S.-China trade tensions. Japan’s benchmark Nikkei 225 climbed 0.37% at the open, extending gains after four consecutive positive sessions. South Korea’s Kospi rose 0.78%. […]
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China looks set to turn to a tariff-proof sector as U.S. trade war bites: K-pop
Epex at the MBC Every1 variety show “Weekly Idol” at MBC Dream Center on April 23, 2024, in Goyang, South Korea. Mbcplus | Imazins | Getty Images Locked in a trade war with the United States and struggling with weak domestic consumption, China looks set to make a U-turn on an unlikely sector: K-pop. It […]
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Asia-Pacific markets trade mixed as investors parse key regional data
Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Asia-Pacific markets trade mixed Wednesday as traders parse a slew of key economic data in the region. Japan’s benchmark Nikkei 225 rose 0.14% while the Topix added 0.5%. South Korea’s Kospi slipped 0.2% and the Kosdaq dipped 0.25%. Australia’s benchmark […]
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European markets set to open higher as Wall Street notches three-day win streak
U.K. retail sales better than expected U.K. retail sales volumes rose for the third consecutive month in March by 0.4%, beating gloomy expectations of a 0.3% decline. Clothing and outdoor retailers said that good weather had boosted sales, according to the Office for National Statistics, offsetting a decline in supermarket sales. However, some economists expect […]
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South Korea calls for ‘calm, orderly’ talks with the U.S. amid hopes of a tariff deal by early July
South Korea’s Trade, Industry and Energy Minister Ahn Duk-geun (right) arrives at Incheon International Airport on April 23, 2025, as he departs for Washington for finance and trade ministers’ talks with the U.S. Jung Yeon-je | Afp | Getty Images South Korea has asked for “calm” and “orderly” discussions with the U.S. on trade issues, […]
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