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Featured

'One-time opportunity': South Korea bets big on AI boom

Huge demand for the components that power artificial intelligence presents South Korea with an opportunity to bolster its chip industry against rivals such as China, analysts say.

South Korea to invest nearly $1.2 tn in chips, AI data centres

South Korea will invest nearly $1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to profit from soaring demand while developing previously neglected regions.

Last news

EU clears major hurdle on US tariff deal

The European Parliament gave a final sign off on Tuesday to a tariff deal with the United States as the EU seeks to close a volatile chapter of transatlantic trade relations.

Mideast war peace deal boosts German investor morale

German investor confidence jumped sharply in June, a key survey showed Tuesday, as the outlook improves for Europe's biggest economy following the announcement of a US-Iran peace deal.

Iran says talks on final US deal to begin this week

Iran said Tuesday that talks with the United States on its nuclear programme and sanctions relief would likely begin later this week, as President Donald Trump said the Strait of Hormuz would "completely open" once the foes sign their deal.

Stocks extend rally, oil falls further as peace optimism builds

Equities extended their rally and oil prices fell further on Tuesday, fuelled by the US-Iran peace deal and as tech firms tracked another blockbuster performance by SpaceX.

Bank of Japan hikes interest rate to 31-year high

The Bank of Japan hiked interest rates to a 31-year high on Tuesday as it battles inflation caused by the Middle East war -- even after Washington and Tehran agreed a peace deal.

Stocks extend rally, oil flat as peace optimism builds

Tokyo topped 70,000 and Seoul piled on more than two percent as equities extended their rally on Tuesday fuelled by the US-Iran peace deal and as tech firms tracked another blockbuster performance by SpaceX.

Deadline looms for UniCredit's hostile bid for Commerzbank

Tuesday marks the final day for UniCredit's hostile and highly political takeover offer for Commerzbank, as Italy's second-largest bank has its sights on an ambitious pan-European banking merger.

Bank of Japan hikes rate to 31-year high

The Bank of Japan hiked interest rates to a 31-year high Tuesday as it battles inflation caused by the Middle East war, even after Washington and Tehran agreed a peace deal.

India eyes biofertilisers after Mideast war stoked supply fears

Under a shed in north India, women scoop cow dung, lumps of unrefined sugar and flour to produce biofertiliser -- part of a growing effort to tackle anxieties over the supply of chemical fertilisers.

Most stocks rise, oil flat following peace deal-fuelled rally

Equities mostly rose Tuesday and oil prices held losses following the previous day's euphoric rally sparked by the US-Iran peace deal that will reopen the crucial Strait of Hormuz.

Toxic 'time bomb' threatens Mekong river basin

Thai fisherman Somdet Singthong steered his metal skiff across the brown waters of the Mekong river, resigned to the pollution that has put his health and lifelong source of livelihood at risk.

EU nears finish line on US tariff deal

The European Parliament is set on Tuesday to give a final sign off to implement a tariff deal with the United States as it seeks to close a volatile chapter of transatlantic trade relations.

Social networks, online video outweigh traditional media in 2026

News consumers around the world are now turning more to social media and video platforms than traditional outlets for information, a respected report said Tuesday, warning that old-style business models are under threat.

Crestone Air Partners, an Air T Business, Completes Acquisition of Arena Aviation Capital, Surpassing $3.6 Billion in Assets Under Management

Milestone reflects Air T's permanent-capital, buy-to-build model and the momentum of its networked aviation portfolio

Trump says Hormuz to reopen Friday under US-Iran deal

US President Donald Trump said Monday that ships were again moving through the Strait of Hormuz and the vital oil route would be "completely open" by Friday, after Washington and Tehran announced a deal to end the Middle East war.

Trump says Hormuz to 'completely open' after US-Iran peace deal

US President Donald Trump said on Monday the Strait of Hormuz would be fully open later in the week, after Washington and Tehran announced a deal to end the Middle East war.

Trump says Hormuz to 'completely open' Friday after US-Iran peace deal

US President Donald Trump said on Monday the Strait of Hormuz would be fully open later in the week, after Washington and Tehran announced a deal to end the Middle East war.

Timeline of Trump-linked resort project in Albania

Protests have swept Albania for more than two weeks over plans for a luxury hotel project linked to US President Donald Trump's son-in-law Jared Kushner.

IMF chief warns energy recovery to take time after US-Iran ceasefire

The International Monetary Fund chief on Monday welcomed the ceasefire agreement between the United States and Iran, but warned it would take time for energy and other supply disruptions to dissipate.

Launch 3 Telecom Secures New Lakeland Facility

Launch 3 Telecom (“Launch 3”) today announced it has secured a new facility in Lakeland, Florida, significantly expanding its capacity to support customers with advanced logistics and distribution services.

'Start your engines'? Shipping groups wary on Hormuz reopening

Shipping groups warned Monday that it was too soon to start sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their agreement to end the war.

Oil plunges, stocks jump on US-Iran peace deal

Oil prices tumbled towards $80 a barrel and stocks climbed Monday after the United States and Iran reached a deal to end the Middle East war and reopen the Strait of Hormuz, sending a wave of relief through global markets.

US-Iran deal met with hope, scepticism in Mideast

The deal between the United States and Iran to end their war, negotiated in secret and still not revealed in detail, was greeted with scepticism but a measure of relief among ordinary people across the Middle East.

German working-age population to shrink dramatically: study

Germany's working-age population will shrink by 4.3 million by 2036 as people retire, the birth rate drops and tougher migration policies deter foreign workers, a study warned Monday.

UK PM announces ban on social media for under-16s

British Prime Minister Keir Starmer on Monday announced a forthcoming total ban on social media for children under 16, saying that such platforms are "making children unhappy".

US and Iran reach deal to end war, reopen Hormuz

The United States and Iran said they reached a deal to end the Middle East war on all fronts including Lebanon, and reopen the vital Strait of Hormuz, but offered little indication on the thorny question of Tehran's nuclear programme.

'For sure': Macron to preach stronger Europe vision at G7 swansong

Emmanuel Macron this week hosts world leaders in his last G7 summit as French president, feeling that Donald Trump's second mandate has vindicated his dream of a stronger Europe but with that vision far from being fulfilled.

Crude prices plunge, stocks surge on US-Iran peace deal

Oil prices tumbled and stocks soared Monday after the United States and Iran said they had reached a deal to end their war that will reopen the Strait of Hormuz, sending a wave of relief through global markets.

Starbucks Korea to shutter outlets for history lessons after 'Tank Day' fiasco

Starbucks stores across South Korea will shutter for half a day next week for staff to attend a history lesson following a promotional campaign gone awry, the coffee giant said Monday.

Litum Brings High-Precision Location Visibility to Zone 1 and Zone 2 Hazardous Environments

Combining ATEX Zone 1 and Zone 2 suitability with high-precision location capability, the ATEX Gateway and ATEX Dualis Tag set a new benchmark for intrinsically safe RTLS in hazardous industrial environments

In crisis-hit Cuba, World Cup offers brief respite

"You need to be happy," reads graffiti spray-painted on a ruined building swamped in trash in Cuba's capital Havana.

Swiss reject divisive anti-immigration proposal

Swiss authorities and economic players breathed a sigh of relief Sunday after voters narrowly rejected a divisive anti-immigration proposal to cap the country's population, which had sparked warnings of "chaos".

Berliner Tageblatt - Economy (English)