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BYD dealership closures spotlight China auto industry struggles
As of April, stock levels reached 3.5 million vehicles, equivalent to 57 days of inventory, the highest since late 2023.
'Slow Dancing' by BTS' V surpasses 500 mln Spotify streams
SEOUL, May 23 (Yonhap) -- BTS member V's 2023 hit single "Slow Dancing" has garn...
Xiaomi, Meituan spotlight long-term investment plans in earnings
Xiaomi plans to invest at least 50 billion yuan (US$6.9 billion) over the next decade to develop mobile processors.
JPMorgan’s Jamie Dimon to ‘deepen engagement’ with China
State media reports meeting between US investment bank chief and senior officials
Shenzhen launches $1b fund for robotics, smart devices startups
The funds include a US$694 million fund and a US$278 million fund, aimed at promoting innovation in the technology sector.
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency ...
Chinese ecommerce entry may ease Aussie inflation: central bank
Consumer inflation has already slowed to 2.4% in the first quarter, within the RBA's 2% to 3% target range.
Coffee prices rise across S. Korea amid raw material cost increase
SEOUL, May 23 (Yonhap) -- Major coffee chains and instant coffee producers in So...
Solar market shifts in Europe could give the industry a break
An increased focus on ethics and local procurement may dent the allure of cheap Chinese panels
US-China trade war is pushing Asian nations to pick sides, ministers warn
Malaysia and Singapore find harder to maintain neutrality as geopolitical tensions grow
US hands victory to China in gutting green energy tax breaks, IRA architect says
Former Biden top adviser predicts jobs and projects in Republican states will suffer
Timor-Leste Welcomes Philippines’ Official Support for Its ASEAN Membership
DILI, 23 May 2025 (TATOLI) – The Government of Timor-Leste welcomed the Philippine government’s official endorsement of its bid for full membership in the Association of Southeast Asian Nations (ASEAN), …
Lenovo faces tariff shock despite strong AI PC sales
The 20% tariffs, effective March 4, 2025 without prior notice, were not covered in a temporary 90-day suspension agreement.
China vies for lead in the race to self-driving vehicles
Chinese car manufacturers are pushing to replicate their success with EVs
Tariff turmoil puts the brakes on German carmakers’ growth ambitions
Executives seek deal with US but sales set to fall in sector facing structural problems
G7 members agree to counter China’s global trade practices
Finance ministers and central bank governors pledge to address ‘economic imbalances’, without naming ChinaTop finance officials from the world’s seven wealthiest democracies have set aside stark differences on US tariffs …
(News Focus) USFK drawdown idea deepens security concerns in S. Korea over N.K. threats
WASHINGTON, May 22 (Yonhap) -- The United States' reported consideration of a U....
China steps up poverty reduction cooperation with SCO countries
China says it has held a series of events to deepen cooperation with SCO countries in poverty reduction and promote sustainable socioeconomic development across the region since assuming the rotating …
Philippines Announces Official Support for Timor-Leste’s ASEAN Membership
DILI, 23 May 2025 (TATOLI) – The Philippines has formally expressed its support for Timor-Leste’s bid to join the Association of Southeast Asian Nations (ASEAN), an expansion of the ASEAN …
SM's British boy band dearALICE drops 2nd single
SEOUL, May 23 (Yonhap) -- DearALICE, SM Entertainment's first British boy group,...
The Chinese elite’s boomtime love of horseriding is about to be tested
Cooling economy and cultural decoupling spark doubts over the sustainability of western-influenced lifestyles
Farming households' average income edges down in 2024: data
SEOUL, May 23 (Yonhap) -- The average income of South Korea's farming households...
Overseas card spending falls over 5 pct in Q1 amid weak consumption
SEOUL, May 23 (Yonhap) -- South Koreans' overseas card spending fell more than 5...
National Consensus – building a stronger foundation for sustainable development: why it matters more than ever
By: Mario F Da Costa Pinheiro Independent Policy Analyst The urgency for political parties to reach a national consensus on policy goals and objectives and collectively set the country’s development …
Why China becomes key partner for Slovak automotive industry
Why China becomes key partner for Slovak automotive industry