South Korea
South Korea export growth rebounds in December, but risks loom
A South Korea flag is displayed against skyscrapers and businesses in Gangnam-gu, Seoul. Ann Hermes | Christian Science Monitor | Getty Images South Korea’s exports grew at a faster pace in December, beating market expectations, and ended the year with a record performance, trade data showed on Wednesday, though risks loom in the year ahead. […]
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South Korea’s impeached President Yoon faces arrest as court issues warrant, deepening political turmoil
South Korean President Yoon Suk-Yeol speaks to the nation at the Presidential Office on December 14, 2024 in Seoul, South Korea. South Korean Presidential Office | Getty Images News | Getty Images South Korea’s impeached President Yoon Suk Yeon could become the first sitting president of the country to face an arrest after a court […]
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Australia market opens lower as investors in Asia await China manufacturing data
A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images Australia market opened lower on the last trading day of the year, while investors in Asia awaited manufacturing data from China. Australia’s S&P/ASX 200 traded 0.56% lower on a shortened trading day. Japan and South Korea’s […]
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Jeju Air plane crash raises questions about concrete wall at the end of the runway
The wreckage of the Jeju Air aircraft that went off the runway and crashed lies at Muan International Airport, in Muan, South Korea, December 30, 2024. Kim Hong-ji | Reuters Aviation experts are questioning the role of an airport design that positioned a mound of dirt and a concrete wall past the end of a […]
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Boeing 737-800, the model that crashed in South Korea, is one of the world’s most popular aircraft
A Jeju Air Boeing 737-800 taking off from Osaka Kansai airport. Fabrizio Gandolfo | Lightrocket | Getty Images Accident investigators are trying to figure out what caused a Jeju Air flight to belly land without its landing gear down at Muan International Airport in South Korea, killing all but two of the 181 people on […]
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Stocks making the biggest moves premarket: Boeing, Palantir, MicroStrategy and more
Check out the companies making headlines in premarket trading. Boeing – Shares fell 3% after South Korea ordered an inspection of all B737-800 planes in the wake of the deadly Jeju Air crash over the weekend. The crash killed all but two of the 181 people on board, becoming the deadliest air accident in the […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Taking stock The final two days of the trading year will help to determine just how strong 2024 is for stocks. U.S. futures traded lower Monday following a losing session for the major averages on Friday. Entering the week, […]
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Jeju Air crash that killed 179 prompts South Korea to probe country’s airline operation system
South Korea’s acting President Choi Sang-mok has ordered the transport ministry to carry out an emergency safety inspection of the country’s airline operation system, local news agency Yonhap reported Monday. Choi was speaking at a disaster control meeting in Seoul, after a Jeju Air flight crashed at the country’s Muan International Airport on Sunday, leading […]
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South Korea investigators request arrest warrant for Yoon over martial law
A screens shows footage of South Korean President Yoon Suk Yeol delivering an address to the nation at Seoul station on Dec. 7, 2024 in Seoul, South Korea. Chung Sung-jun | Getty Images News | Getty Images South Korea’s joint investigation unit has requested an arrest warrant for suspended President Yoon Suk Yeol over his short-lived […]
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South Korea impeaches acting President Han Duck-soo, deepening political turmoil
Han Duck-soo, South Korea’s prime minister and acting president, speaks during a news conference after lawmakers passed a motion to impeach South Korean President Yoon Suk Yeol in Seoul, South Korea, on Dec. 14, 2024. Bloomberg | Bloomberg | Getty Images South Korea’s lawmakers on Friday voted to impeach acting President Han Duck-soo, in the […]
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