The World Bank on Tuesday said developing countries spent a record $1.4 trillion to service their foreign debts in 2023 as interest costs climbed to a 20-year high, squeezing budgets for necessities ...

South Korean President Yoon Suk Yeol is facing the threat of impeachment, with opposition lawmakers accusing him of violating his constitutional duty and committing a crime akin to treason when he ...

SEOUL- South Korea’s finance ministry said on Wednesday it was ready to deploy “unlimited” liquidity into financial markets after President Yoon Suk Yeol lifted a martial law declaration he imposed ...

As Christmas season approaches, Whoscall, a global anti-scam application, has highlighted five short message service (SMS) scams that frequently target unsuspecting individuals during this holiday ...

South Korean lawmakers on Wednesday called for the impeachment of President Yoon Suk Yeol after he declared martial law only to reverse the move hours later, triggering the biggest political crisis in ...

Philippine and Chinese coastguards reported conflicting versions of a maritime confrontation around a contested shoal in the South China Sea, the latest row in a longstanding dispute between the two ...

Chinese companies should be wary of buying U.S. chips as they are “no longer safe” and buy locally instead, four of the country’s top industry associations said on Tuesday in a rare coordinated ...

Negotiators for EU institutions agreed a compromise on Tuesday on a ban on the import of commodities linked to deforestation, which will be delayed by a year but without changes proposed by EU ...

BEIJING – China’s Coast Guard said on Tuesday that four Philippine ships had attempted to enter China’s territorial waters around a disputed shoal in the South China Sea. Liu Dejun, a coast guard ...

A magnitude 5.6 earthquake struck the northern Philippines on Wednesday, the German Research Centre for Geosciences (GFZ) said, as authorities warned of damage and aftershocks from the tremor. The ...

South Korean President Yoon Suk Yeol said on Wednesday he would lift a surprise martial law declaration he had imposed just hours before, backing down in a standoff with parliament which roundly ...

THE Board of Investments (BoI) said the bill that will turn the “green lane” scheme for expediting approvals of strategic projects into a law will give the reforms continuity across administrations.