NEWYou can now listen to Fox News articles! North Korea launched a ballistic missile off its east coast Friday, just days after U.S. War Secretary Pete Hegseth wrapped up a visit to South Korea focused on deterring Pyongyang and reinforcing the alliance between the two countries. South Korea’s Joint Chiefs of Staff said the suspected…
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range…
NEWYou can now listen to Fox News articles! U.S. Pentagon chief Pete Hegseth on Tuesday lauded South Korea’s plans to boost its military spending and take on a larger role in defending itself from North Korea’s aggression. The U.S. has wanted South Korea to increase its conventional defense capabilities so that Washington can center its…
South Korea plans to triple its investment in artificial intelligence (AI) and implement its largest defence budget hike in six years, President Lee Jae Myung announced Tuesday during his annual address to parliament on the 2026 national budget. Lee revealed that 10.1 trillion won ($7 billion) will be allocated to AI initiatives as part of…
Pedestrians are reflected in a window as electronic boards display stock information at the Australian Securities Exchange, operated by ASX Ltd. on Aug. 6, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images Asia Pacific markets traded mixed, breaking ranks from Wall Street’s tech-fuelled rally. The rally followed Amazon shares rising 4%…
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter on strength from its chip business. Here are Samsung’s third-quarter results compared with LSEG SmartEstimate, which is…
NEWYou can now listen to Fox News articles! A busy two days ahead for President Donald Trump began when he arrived in South Korea on Wednesday. While a meeting with Kim Jong Un wasn’t worked out for this trip, his itinerary includes talks with Chinese President Xi Jinping, attendance at the Asia-Pacific Economic Cooperation (APEC)…
NEWYou can now listen to Fox News articles! U.S. President Donald Trump on Wednesday met with South Korean President Lee Jae Myung in the city of Gyeongju – the final stop on his Asia tour aimed at securing new investment deals. “The Republic of Korea is a cherished American friend and a close ally. And…
Cathie Wood, chief executive officer of Ark Investment Management LLC, during the Federal Reserve’s Payments Innovation Conference in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schartz | Bloomberg | Getty Images ARK Invest CEO Cathie Wood on Tuesday pushed back on fears of an artificial intelligence bubble, while flagging the possibility of a…
Japan’s Nikkei 225 breached the 50,000 mark for the first time Monday, leading regional gains as investors cheered progress in U.S.-China trade talks and strong momentum from Wall Street. The benchmark index rose over 2%, while the Topix added 1.61%. South Korea’s Kospi jumped 1.83% after hitting a record high on Friday, while the small-cap…
