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Business

Jan 27, 2022

Global stocks sink after Fed says US rates will rise 'soon'

Global stock markets and Wall Street futures have sunk after the Federal Reserve indicated it will raise interest rates soon to cool inflation

Samsung reports robust profit based on chip strength

Jan 27, 2022

Samsung Electronics Co. says its operating profit for the last quarter rose by more than 53% from the same period last year as it continued to thrive during the pandemic while relying on its dual strength in parts and finished products

Jan 25, 2022

Europe shares up, Asia stocks fall on Fed, Ukraine, omicron

European stocks are higher after a day of steep losses in Asia

Jan 25, 2022

Europe shares up, Asia stocks fall on omicron, Fed, Ukraine

European stocks are higher after a day of steep losses in Asia

Jan 25, 2022

S. Korea sets high of 8,000 new virus cases ahead of holiday

South Korea has recorded more than 8,000 new coronavirus infections for the first time as health authorities reshape the country’s pandemic response to address a surge driven by the highly contagious omicron variant

Jan 24, 2022

S. Korea to expand testing, shorten quarantine for omicron

South Korea will expand rapid testing and shorten quarantines as it reshapes its pandemic response to deal with a faster-than-expected surge in coronavirus infections driven by the highly contagious omicron variant

Jan 24, 2022

1-month lockdown lifts in Chinese city, 2M in Beijing tested

Chinese authorities have lifted a monthlong lockdown of Xi’an and its 13 million residents as infections subside ahead of the Winter Olympics in Beijing in less than two weeks

Jan 24, 2022

Monthlong pandemic lockdown lifted on China's Xi'an

Authorities have lifted a monthlong pandemic lockdown on the northern Chinese city of Xi'an and its 13 million residents

China criticizes US missile sanctions as hypocrisy

Jan 21, 2022

China has criticized Washington for imposing sanctions on Chinese companies accused of exporting missile technology, and accused the United States of hypocrisy for selling nuclear-capable cruise missiles

Jan 21, 2022

Japan widens virus restrictions as omicron surges in cities

Restaurants and bars will close early in Tokyo and a dozen other areas across Japan beginning Friday as the country widens COVID-19 restrictions due to the omicron variant, which has caused cases to surge to new highs in metropolitan areas