South Korea
South Korea’s central bank unexpectedly raises rates as prices surge
Signage at the Bank of Korea headquarters in Seoul, South Korea, on Monday, Nov. 22, 2021. South Korea’s central bank raised its policy rate to the highest since August 2019 on Thursday in an unexpected move. SeongJoon Cho | Bloomberg | Getty Images South Korea’s central bank raised its policy rate to the highest since […]
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Kia unveils redesigned Niro EV and updated Telluride SUV
Kia on Wednesday unveiled its new lineup of Niro hybrid and EV crossovers as well as updates to its extremely popular Telluride SUV. Both nameplates are important to the automaker in different ways. The Telluride has been a surprise sales success for the company, while the new Niro models come as consumers are being squeezed […]
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These global stocks were first-quarter winners and Wall Street sees more upside ahead
These buy-rated stocks from the U.S. and beyond had a strong start to the year and are expected to continue to rise. Source
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Here are the 3 top trends for Asia’s start-up scene in 2022, according to Microsoft
For entrepreneurs in Asia, the future seems brighter than ever. More so than elsewhere in the world, Asia “leapfrogged other forms of connectivity” to become so-called “mobile-first,” said Jesus Martin, chief strategy at Microsoft Asia. “And because Asia went mobile-first, mobile became the platform that underpinned innovations and new business models.” Mobile first refers to the strategy […]
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Alibaba leads $60 million funding into augmented reality glasses maker Nreal in metaverse play
An attendee tries a pair of Nreal mixed-reality glasses at the MWC Shanghai exhibition in Shanghai, China, on Tuesday, Feb. 23, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba led a $60 million investment round into augmented reality glasses maker Nreal, the start-up said on Wednesday, as Chinese technology giants look for ways to […]
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5 charts show the stages of global economic recovery since Covid hit
Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images Oil prices plunged, travel came to a halt and unemployment rates spiked when the coronavirus hit in early 2020. Then, signs of recovery emerged. Stock markets rebounded and quickly surpassed 2019 […]
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This country regularly tops the Philippines’ tourist arrivals — and it’s not China
South Korean photographer Sang-kyu Gil has visited the Philippines around 10 times. Drawn by the beautiful scenery and affordable prices, the 42-year-old usually spends seven to 10 days in the country. That costs him around $400 — less than half the amount he expects to spend on a similar trip within his home country. His […]
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