Business is war.
Foreign investors hold more than 1,000 trillion won in South Korean stocks after the benchmark index climbed to record highs, exchange data showed on Sunday. Overseas shareholders owned 1,125 trillion won worth of shares on Friday, representing 35 percent of the total market value, up from 32.2 percent at the close of 2024. International buyers…
Indian stock markets closed lower on Friday, ending a six-day rally as weak international signals dampened trading activity. The Nifty index added 85 points across the week but dropped 311 points from its peak, reflecting heightened volatility after recent advances. Traders booked profits near the 25,800 level, pushing the benchmark down to 25,795.15 by the…
Commerce and Industry Minister Piyush Goyal credited advertising executive Piyush Pandey with helping transform the UJALA energy efficiency program into a nationwide success through compelling public messaging. The government launched the Unnat Jyoti by Affordable LEDs for All initiative 10 years ago on January 5, 2015, to reduce power consumption by distributing affordable LED lighting…
India plans to maintain active cooperation with the United Nations to support peace efforts, sustainable development goals and representation for developing nations, Union Minister Manohar Lal stated on Saturday. Speaking at the 80th UN Day celebration in New Delhi, he praised the organization’s eight-decade record of conflict prevention, international law promotion and assistance to struggling…
Washington seeks to finalize a trade agreement with Seoul once South Korea accepts terms that American officials consider reasonable, a senior administration official said on Tuesday. The statement comes as both nations work to resolve disputes over the implementation of Seoul’s $350 billion investment commitment under their framework agreement. Negotiations continue ahead of President Donald…
South Koreans are spending billions on toy vending machines that dispense plastic capsules with collectible items for roughly $3.50 to $7 per turn. The gacha market grew from $7 million in 2022 to $35 million last year as malls and convenience stores installed thousands of machines nationwide. Women in their teens and twenties drive most…
President Donald Trump announced a 10 percent tariff increase on Canadian imports on Saturday after Ontario aired a commercial featuring former President Ronald Reagan discussing trade policy. The advertisement cited Reagan’s 1987 warnings about the consequences of tariffs, prompting Trump to accuse Canada of misrepresenting the facts and committing a hostile act. He canceled trade…
European carmakers face potential factory shutdowns after China blocked semiconductor exports from Dutch company Nexperia. The Netherlands seized control of the Chinese-owned firm in September under a 1952 emergency law, prompting Beijing to halt chip shipments back to Europe. Nexperia supplies nearly half of the electronic components used in European vehicles, including the diodes and…
Malaysia and South Africa will expand their partnership across trade, defense, semiconductors and halal agriculture following talks between Prime Minister Anwar Ibrahim and President Cyril Ramaphosa on Sunday. The leaders met at Kompleks Seri Perdana to discuss deepening economic ties through BRICS membership and bilateral cooperation. Anwar said Malaysia aims to diversify its trading relationships…
American and Chinese negotiators completed a productive first day of trade discussions in Malaysia on Sunday, with talks set to continue on Monday morning. Treasury Secretary Scott Bessent met with Vice Premier He Lifeng at the Merdeka 118 tower as both nations work to prevent their tariff dispute from worsening. President Donald Trump plans to…
