Most Popular
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President Yoon Suk Yeol defiant as impeachment momentum grows
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NewJeans manager files workplace harassment complaint against Ador CEO Kim Ju-young
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Joint investigation team on Yoon launched
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Ruling party leader says impeachment against Yoon now only solution
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[Newsmaker] Ex-intel commander appears key to alleged martial law plan
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"Denture-tube:" South Korea's YouTube conspiracy machine
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What if martial law had not been aborted?
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Two scenarios for Korea's economic outlook
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'Literature stands in opposition to all acts that destroy life': Han Kang
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Prime Minister Han Duck-soo regrets failing to stop martial law
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IMF urges tighter Swiss regulation after UBS takeover of Credit Suisse
The IMF urged Switzerland on Thursday to strengthen its financial sector regulation as supervising UBS has become "more challenging" since it grew into a global banking behemoth after its takeover of Credit Suisse. Switzerland's biggest bank was strongarmed by the government into buying Credit Suisse last year over fears that the second largest lender in the country might go under and spark a global financial crisis. "Lessons from the CS (Credit Suisse) case should inform fur
World BusinessMarch 28, 2024
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UK greenhouse gas emissions fell 5.4 percent in 2023: data
UK greenhouse gas emissions fell by 5.4 percent in 2023, largely due to a reduction in the amount of gas used in power stations, according to official data published on Thursday. Net emissions of all greenhouse gases were estimated to have been 384.2 million tonnes of carbon dioxide equivalent in 2023, compared to 406.2 million tonnes in 2022, the government's provisional figures showed. Carbon dioxide emissions decreased by 6.6 percent annually to 302.8 million tonnes, which represents a 5
World NewsMarch 28, 2024
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Dutch government to launch plan to keep ASML in Netherlands
The Dutch government is expected to lay out initial plans on Thursday to keep the country's largest company ASML, from moving operations outside the Netherlands over concerns ranging from anti-immigration policies to infrastructure problems. Semiconductor equipment maker ASML, Europe's largest tech company, shocked the Dutch government into action after CEO Peter Wennink went public with complaints about policy, including ending a tax break for skilled migrants which would make it hard
World BusinessMarch 28, 2024
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783m people face chronic hunger. Yet the world wastes 19% of its food, UN says
The world wasted an estimated 19% of the food produced globally in 2022, or about 1.05 billion metric tons, according to a new United Nations report. The UN Environment Programme's Food Waste Index Report, published Wednesday, tracks the progress of countries to halve food waste by 2030. The UN said the number of countries reporting for the index nearly doubled from the first report in 2021. The 2021 report estimated that 17% of the food produced globally in 2019, or 931 million metric tons
World NewsMarch 28, 2024
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US slaps new sanctions against 6 N. Koreans, 2 entities for financing NK WMD programs
The United States on Wednesday imposed new sanctions on six North Korean nationals and two third-country entities for their role to help finance Pyongyang's weapons of mass destruction programs, the Treasury Department said. In coordination with South Korea, the department announced sanctions targeting agents of designated North Korean banks as well as companies that employ North Korean IT workers abroad, as it accused them of helping generate revenue for the recalcitrant regime in Pyongyan
North KoreaMarch 28, 2024
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[Graphic News] Over 8,500 migrants died worldwide last year
A total of 8,541 migrants perished on land and sea routes worldwide in 2023, the UN migration agency said, the highest figure since it began counting such deaths a decade ago. The International Organization for Migration said the biggest increase in deaths last year came amid the treacherous Mediterranean Sea crossing: reaching 3,129 from 2,411 in 2022. This figure was however below the record 5,136 number of people who died trying to cross the Mediterranean in 2016, when huge numbers of Syria
World NewsMarch 28, 2024
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Major Baltimore bridge collapses; six presumed dead
A major bridge in Baltimore, Maryland, collapsed early Tuesday after a Singapore-flagged container ship struck a pillar of the decades-old bridge, leaving six people presumed dead, according to state authorities. The 289-meter-long freighter, named Dali, struck the Francis Scott Key Bridge at around 1:30 a.m., resulting in its collapse into the Patapsco River. US officials reported no indication of a terrorist attack. At the time of the collapse, there were at least eight construction workers co
World NewsMarch 27, 2024
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[Graphic News] US adults doubt mental capability of Biden, Trump
A poll found that a significant share of US adults doubt the mental capabilities of 81-year-old President Joe Biden and 77-year-old Donald Trump, the former president and current Republican front-runner in what is set to be a rematch of the 2020 election. More than 6 in 10 (63 percent) said they’re not very or not at all confident in Biden’s mental capabilities to serve effectively as president. A similar but slightly smaller share (57 percent) said that Trump lacks the memory and
World NewsMarch 26, 2024
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4 suspects in Russia concert hall massacre charged with terrorism
Four men accused of involvement in a massacre at a Moscow concert hall that killed 137 people were remanded in custody Sunday, as Russia observed a national day of mourning following the attack claimed by the Islamic State. All four suspects have been charged with terrorism, according to Moscow's Basmanny district court, and face life imprisonment. Their detention is set until May 22 but may be extended depending on the date of their trial. The court said two of the defendants had pleaded g
World NewsMarch 25, 2024
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[Graphic News] Istanbul named world’s most visited city
International travel has continued to make a strong recovery in 2023 with 38 percent growth in terms of overseas trips, projected to reach 1.3 billion by the end of the year. Istanbul tops the list with 20.2 million international arrivals in 2023. The city saw a 26 percent year-over-year visitor growth from 2022 to 2023, according to Euromonitor International. London came in the second spot followed by Dubai, Antalya and Paris. Wealth of dazzling cultural sites and crossover of Asian and Europ
World NewsMarch 25, 2024
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Senegal votes in a tightly contested presidential race after months of unrest
Senegalese lined up to vote Sunday in a tightly contested presidential race that followed months of uncertainty and unrest that has tested the West African nation’s reputation as a stable democracy in a region that has experienced a wave of coups in recent years. The election comes after President Macky Sall unsuccessfully tried to postpone the Feb. 25 vote until the end of the year, sparking violent protests. Sall is barred by the constitution from seeking a third term. As a result, the v
World NewsMarch 24, 2024
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Pope sends prayers to Moscow victims of 'cowardly' attack
Pope Francis on Sunday sent prayers to the victims of the concert hall attack in Moscow, calling the violence "inhuman acts" that offended God. "I assure my prayers for the victims of the cowardly terrorist attack carried out the other evening in Moscow," said the 87-year-old pope, following a Palm Sunday mass in Saint Peter's Square. "May the Lord welcome them in his peace and comfort their families, and convert the hearts of those... who organise and carry out the
World NewsMarch 24, 2024
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Biden and Trump win Louisiana's presidential primary having already clinched nominations
WASHINGTON — President Joe Biden and former President Donald Trump won Louisiana's primary on Saturday, collecting more delegates after they already clinched their party nominations. Biden also appeared in Missouri's Democratic primary, with results not expected to be reported until next week. None of the races were in suspense. Biden and Trump have already beaten their major competitors . But the primary races are still closely watched by insiders for turnout and signs of prot
World NewsMarch 24, 2024
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Putin says gunmen who raided Moscow concert hall tried to escape to Ukraine. Kyiv denies involvement
The suburban Moscow music hall where gunmen opened fire on concertgoers was a blackened, smoldering ruin Saturday as the death toll in the attack surpassed 130 and Russian authorities arrested four suspects. President Vladimir Putin claimed they were captured while fleeing to Ukraine. Kyiv strongly denied any involvement in Friday's assault on the Crocus City Hall music venue in Krasnogorsk, and the Islamic State group's Afghanistan affiliate claimed responsibility. Putin did not mention IS in h
World NewsMarch 24, 2024
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Two suspects in Moscow attack detained after car chase: lawmaker
Two people suspected of carrying out a deadly attack near Moscow on Friday have been detained in Russia's Bryansk region following a car chase, lawmaker Alexander Khinshtein said on Telegram on Saturday. Other suspects fled into a nearby forest on foot, Khinshtein said. Camouflage-clad gunmen opened fire with automatic weapons at concertgoers near Moscow on Friday, killing at least 60 people and injuring 145 in an attack claimed by Islamic State militants.
World NewsMarch 23, 2024
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Russia says 60 dead, 145 injured in concert hall raid; Islamic State group claims responsibility
Assailants burst into a large concert hall in Moscow on Friday and sprayed the crowd with gunfire, killing over 60 people, injuring more than 100 and setting fire to the venue in a brazen attack just days after President Vladimir Putin cemented his grip on power in a highly orchestrated electoral landslide. The Islamic State group claimed responsibility for the attack in a statement posted on affiliated channels on social media. A US intelligence official told The Associated Press that US intell
World NewsMarch 23, 2024
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US unveils some $20 billion in grants, loans to Intel
The White House announced a plan Wednesday to award Intel Corp. nearly $20 billion in grants and loans, marking the Joe Biden administration's largest funding scheme under its initiative to strengthen domestic semiconductor production. The Department of Commerce has reached a preliminary agreement with Intel to provide up to $8.5 billion in grants and $11 billion in loans under the CHIPS and Science Act, it said, as South Korea's Samsung Electronics Co. and Taiwan Semiconductor Manufac
World BusinessMarch 21, 2024
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US Fed keeps key rate unchanged for 5th straight time, signals 3 rate cuts this year
The US Federal Reserve on Wednesday held its benchmark lending rate steady for a fifth consecutive time and signaled that it could lower the rate three times this year in line with policymakers' previous projections. After the two-day Federal Open Market Committee meeting, the central bank announced its decision to maintain the rate in the 5.25 to 5.50 percent range. FOMC members' latest median economic projections showed that the federal funds rate would be cut to 4.6 percent at the e
World BusinessMarch 21, 2024
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Vietnamese president resigns amid major graft purge
Vietnam's President Vo Van Thuong has resigned after just one year in the job, the ruling Communist Party announced Wednesday, as the country mounts a sweeping anti-graft purge. The party said Thuong was guilty of "violations and shortcomings" and his resignation was accepted by the central committee. The 53-year-old's dramatic fall comes as Vietnam undergoes major political upheaval, with his predecessor forced out in an anti-corruption drive that has seen several ministers
World NewsMarch 20, 2024
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Biden to tout government investing $8.5 billion in Intel's computer chip plants in four states
The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon. President Joe Biden plans to talk up the investment on Wednesday as he visits Intel's campus in Chandler, Arizona, which could be a decisive swing state in November’s election. He has often said that not enough voters know about his economic policies and suggested that more would suppor
World BusinessMarch 20, 2024