South Korea inflation hits 2.2% in March on oil surge
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official...
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Japan factory output drops 2.1 percent in February
TOKYO: Japan’s industrial output fell 2.1% in February from the previous month, official preliminary data showed on Tuesday, as weaker production in autos, fabricated metals and electronic...
Magnitude 5 earthquake hits eastern Japan without tsunami
TOKYO: A magnitude 5.0 earthquake struck southern Ibaraki Prefecture in eastern Japan at 10:06 a.m. on Wednesday morning, shaking the Kanto region and causing buildings in Tokyo to...
WTO digital tariff deadlock clouds reform push
YAOUNDE: The World Trade Organization’s 14th ministerial conference ended early Monday without agreement on extending the long-running moratorium on customs duties for electronic transmissions, a lapse that sharpened...
South Korea central bank hits record annual profit
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Brazil summit flags urgent risks to migratory species
CAMPO GRANDE: Senior officials and delegates meeting in Brazil this week said migratory species that cross national borders face mounting threats from habitat loss, pollution, climate pressures and...
Yas Waterworld adds 11 attractions for April 4 opening
ABU DHABI: Yas Waterworld Yas Island, Abu Dhabi will open its latest expansion to visitors on April 4, adding a new phase to the waterpark as Miral...
Merriam-Webster joins Britannica in court fight with OpenAI
NEW YORK: Encyclopaedia Britannica and Merriam-Webster have sued OpenAI in Manhattan federal court, accusing the artificial intelligence company of using nearly 100,000 online encyclopedia and dictionary entries without...
South Korea starts 2026 with 11.3 trillion won surplus
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax...
Botswana downgrade adds pressure to diamond economy
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term...