Location · 65 stories from 139 outlets in the last 7 days · 1,453 published stories all time · All places
AI summaryLG Energy Solution reported a first-quarter net loss of 944 billion won amid slowing global EV battery demand, while parent LG Chem also swung to a loss. The company is pivoting toward energy storage systems and secured a major battery supply contract.
AI summaryThe World Press Freedom Index hits a new low as more than half of all countries now face 'difficult' or 'very serious' conditions for journalists. The US continues its slide, while only a handful of Nordic nations maintain 'good' press freedom.
AI summaryPresident Lee Jae Myung cautioned that excessive labor demands could harm unions and other workers, as Samsung's major union threatens an 18-day strike. Meanwhile, a cargo union and BGF Logis resolved a 10-day conflict with a new collective agreement.
AI summaryFinance Minister Koo Yun-cheol participated in ASEAN+3 and ADB meetings in Samarkand, urging regional cooperation amid Middle East conflict, and held bilateral talks with Uzbek President and Japanese counterpart.
AI summarySouth Korea's ruling Democratic Party has nominated former presidential AI secretary Ha Jung-woo and former spokesperson Jeon Eun-soo as candidates in the June 3 parliamentary by-elections. Ha will run in the closely watched Busan Buk-A constituency, where a three-way race is expected. The opposition has criticized Ha's resignation, accusing the party of prioritizing politics over policy.
AI summarySeoul stocks fell more than 1 percent on Thursday, ending a three-day winning streak, as investors locked in gains following a sharp rise in oil prices and lingering Middle East tensions. The KOSPI closed at 6,598.87, down 92.03 points, after touching a fresh all-time high earlier in the session.
AI summaryTreasurer Jim Chalmers says ensuring young Australians can access housing is 'driving deliberations' on possible tax changes ahead of the May 12 budget. Reports suggest a rollback of the capital gains tax discount and changes to negative gearing may be considered, though Chalmers has not confirmed specifics.
AI summarySouth Korean and Chinese officials met in Qingdao to address illegal fishing, reviewing upcoming revisions to their fisheries laws. Separately, South Korea's coast guard seized two Chinese boats in the Yellow Sea, during which one Chinese sailor died of cardiac arrest.
AI summaryA fire at a 20-story apartment building in Uiwang, South Korea, on Thursday killed two people and injured six others, according to Yonhap News. Authorities discovered a suspected suicide note at the scene, and the cause of the blaze is under investigation.
AI summaryAt the World Health Summit Regional Meeting in Nairobi, African leaders and health experts framed US funding cuts as a catalyst for the continent to build self-reliant health systems. The summit highlighted both the risks—such as the impact on Uganda's post-abortion care and HIV services under a new $2.3 billion agreement—and the push for local pharmaceutical manufacturing.
AI summaryThe South Korean Army is reviewing plans to deploy 'suicide drones' to battalion-level units as part of a broader modernization push, with the goal of introducing thousands of drones for training and operations by 2029. Meanwhile, the National Intelligence Service has signed an agreement with the Army to enhance drone security cooperation, reflecting the growing importance of drones in modern warfare.
AI summarySouth Korea's Naver Corp. reported a 31.3% year-on-year decline in first-quarter net profit, attributing the drop to foreign exchange losses on dollar-denominated debt. Despite the net profit fall, the company saw its operating profit and sales rise, with notable growth in its platform, global, and financial businesses.
AI summaryNorth Korea is implementing nationwide measures to protect crops from an unusually severe drought, with Premier Pak Thae-song conducting on-site inspections in key farming provinces. The country, already on the UN's food-deficit list for 19 consecutive years, faces compounded food insecurity from sanctions, border closures, and extreme weather linked to climate change.
AI summaryThe death of Samsung patriarch Lee Kun-hee in 2020 triggered a succession crisis marked by a massive inheritance tax and the jailing of his son Jay Y. Lee for bribery. Years later, an AI-driven surge in semiconductor valuations has helped the Lee family cement control and grow wealthier, even as Jay Y. Lee returns to the public eye.
AI summaryDuring a visit to Beijing, Australian Foreign Minister Penny Wong secured a Chinese commitment to facilitate jet fuel supplies to Australia, easing disruptions caused by the Middle East conflict. The move is seen as a first step in stabilizing fuel flows and strengthening bilateral ties.
AI summaryThe U.S. Federal Reserve kept its benchmark interest rate unchanged for a third straight meeting, citing elevated inflation and economic uncertainty from the Middle East conflict. The decision defies President Trump's calls for a cut, with Chair Jerome Powell's term ending soon and a Senate confirmation process underway for his successor, Kevin Warsh.
AI summaryOne Nation's David Farley has won the Farrer by-election, securing the party's first-ever federal lower house seat. The Liberal primary vote collapsed below 13%, and the result has been described as a 'bloodbath' for the Coalition and a blow to Angus Taylor's leadership.
AI summaryUS Defense Secretary Pete Hegseth announced plans to expand nuclear deterrence capabilities and modernize the nuclear triad, while also signaling readiness to use military force in the Western Hemisphere and warning NATO allies of consequences for insufficient support.
AI summaryAnalysts say the UAE’s planned exit from OPEC and OPEC+ will structurally benefit oil-importing Asian economies in the long term, though the Strait of Hormuz closure may delay price relief. The UAE cites strategic and geopolitical motives for the move, effective May 1, 2026.
AI summaryA South Korean appeals court has sentenced former President Yoon Suk Yeol to seven years in prison for obstructing investigators and other charges, adding to his life sentence for rebellion. The ruling was delivered by the Seoul High Court in a televised hearing.