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SK Telecom Shares Plunge After Cyberattack
Shares of SK Telecom fell as much as 8.5% on Monday, reaching their lowest level since August 2024, after South Korea’s largest mobile carrier disclosed a major customer data leak caused by a cyberattack.

By The Financial District
11 minutes ago1 min read


Japan To Resist Trump Efforts To Form Trade Bloc Against China
Japan plans to push back against any U.S. attempt to pull it into an economic bloc aimed at countering China, citing the importance of its trade ties with Beijing.

By The Financial District
17 minutes ago1 min read


Alarm Over Rising "Forever Chemical" TFA In European Wines
Levels of the little-known "forever chemical" trifluoroacetic acid (TFA) have risen sharply in European wines over recent decades, raising concerns about environmental contamination.

By The Financial District
21 minutes ago1 min read


Merck KGaA In $3.9 Billion Deal To Buy U.S. Biotech Firm SpringWorks
German healthcare and materials group Merck KGaA announced Monday that it has agreed to acquire U.S. biotech company SpringWorks Therapeutics for an equity value of $3.9 billion.

By The Financial District
26 minutes ago1 min read


World Breathes Sigh Of Relief As Trump Spares Fed, IMF
Global policymakers breathed a collective sigh of relief in Washington this week, reassured that the U.S.-centric economic order was not unraveling despite President Donald Trump’s nationalist approach.

By The Financial District
31 minutes ago1 min read


UK Studies Link Air Pollution To Cognitive Decline
Air pollution, already known to cause cancers and heart and reproductive issues, may also be linked to cognitive deterioration.

By The Financial District
36 minutes ago1 min read


PSE Index Rises Slightly
The Philippine Stock Exchange (PSE) index posted a modest gain of 2.69 points or 0.04 percent today, closing at 6,252.19.

By The Financial District
4 hours ago1 min read


California Overtakes Japan To Become World’s Fourth-Largest Economy
California has surpassed Japan to become the world’s fourth-largest economy, Governor Gavin Newsom announced, warning that President Trump’s tariff policies pose a risk to the state's economic strength.

By The Financial District
9 hours ago1 min read


MP Materials To Benefit From Trump’s Rare Earth Tariffs
MP Materials, operator of the Mountain Pass mine in California’s Mojave Desert, is ramping up production of critical rare earth elements and magnets used in autos, electronics, and military hardware as China tightens its exports.

By The Financial District
9 hours ago1 min read


Mark Carney Uses Trump "Chaos" To Win Over Canadian Voters
Mark Carney has already made history as the first person to become prime minister of Canada without having previously held political office.

By The Financial District
10 hours ago1 min read


Australia, Singapore Head To The Polls
Canada isn’t the only nation voting soon. Australia and Singapore will hold elections on Saturday, May 3, with cost-of-living concerns dominating both contests.

By The Financial District
11 hours ago1 min read


9 Killed as Car Plows Into Filipino Street Festival In Vancouver
At least nine people were killed and an unknown number injured when a man drove into a crowd at a Filipino heritage festival in Vancouver, Canada.

By The Financial District
12 hours ago1 min read


South Korean Court Orders Japan To Pay Son Of "Comfort Woman"
A South Korean court has ordered the Japanese government to compensate the son of a former "comfort woman" for abuses suffered during World War II.

By The Financial District
12 hours ago1 min read


No Applause For Trump, Standing Ovation For Zelensky At Pope Francis’ Funeral
Ukrainian President Volodymyr Zelensky received a far warmer reception than U.S. President Donald Trump at the funeral of Pope Francis, with social media erupting in reactions.

By The Financial District
12 hours ago2 min read


Bad News Dogs Trump As He Joins Funeral Of Pope Francis
President Donald Trump faced a wave of bad news even as he attended the funeral of Pope Francis.

By The Financial District
12 hours ago1 min read


Starbucks Union Rejects Company's Offer Of 2% Annual Pay Raise
Union delegates representing Starbucks baristas voted to reject the company's latest contract proposal that guaranteed annual pay raises of at least 2%.

By The Financial District
13 hours ago1 min read


DeepMind UK Staff Plan To Unionize Over Deals With Israel
Staff at Google DeepMind in Britain are planning to unionize to challenge the company's sale of artificial intelligence (AI) technology to defense groups linked to the Israeli government.

By The Financial District
13 hours ago1 min read


S&P 500, Dow, Nasdaq Futures Slip Ahead Of Big Tech Earnings Week
Stock futures edged lower ahead of a critical week of earnings reports and economic data that will offer fresh insight into the U.S. economy’s response to President Trump’s tariffs.

By The Financial District
1 day ago1 min read


Pirelli To End Chinese Investor's Control Over Governance
Pirelli’s board is expected to approve a shareholder agreement that formally establishes that its largest investor, China's state-owned Sinochem, does not exercise control over the tire maker.

By The Financial District
1 day ago1 min read


ADM Stops Domestic Trading In China, Cuts Jobs In Shanghai
Global grain merchant Archer-Daniels-Midland (ADM) has begun shutting down its domestic trading operations in China and laying off staff in its largest business segment as part of a global cost-cutting initiative.

By The Financial District
1 day ago1 min read


PSE Index Declines On Profit-Taking
The Philippine Stock Exchange (PSE) index ended lower Monday as profit-taking dragged blue-chip stocks down after an early rally, closing at 6,249.50 points, down 19.25 points or 0.31 percent.

By The Financial District
1 day ago2 min read


U.S. Government Freezes $2.2-B In Harvard Grants Over Activism Clash
The U.S. federal government is freezing more than $2.2 billion in grants and $60 million in contracts to Harvard University.

By The Financial District
1 day ago1 min read


Taiwan To Simulate Impact Of U.S. Tariffs On Semiconductors
Taiwan will simulate the potential impact of U.S. tariffs on its semiconductor industry and seek discussions with Washington.

By The Financial District
1 day ago1 min read


Nvidia Commits $500-B To AI Infrastructure Projects In The U.S.
Nvidia has announced it will invest up to $500 billion in AI infrastructure projects in the U.S. over the next four years, as the tech industry pushes to strengthen domestic manufacturing.

By The Financial District
1 day ago1 min read
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