​A South Korean container ship completed the country's first commercial round trip to ‌Europe via the Arctic on Sunday, as authorities bank on the route helping turn the port of Busan into ‌a global maritime hub. The PanStar Acro docked in the southeastern port 50 days after setting sail on August 22. Authorities ⁠say the Arctic route could cut typical voyage times by around a third. President Lee Jae Myung has made Arctic shipping ⁠a priority, and officials hope to launch regular services by 20

Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit, driven by robust AI ‌demand, though analysts have cut forecasts by nearly 8 percent since the end of August. Despite moderating gains in the prices of memory chips and a strengthening South Korean won, the world's largest memory-chip maker is expected to post operating profit of 106.1 trillion won ($79.1 billion) for the July-September quarter. The LSEG SmartEstimate, based on ‌forecasts from 21

North Korea criticised the United States over its arms sales ‌and military support for Taiwan, accusing Washington of fuelling tensions in the Taiwan Strait, state media KCNA said on Wednesday. A KCNA ‌commentary citing North Korean international affairs analyst Kim Myong-chol said US policy on Taiwan was undermining peace and stability in the region. The commentary condemned ⁠the appearance of US-sold fighter aircraft in Taiwan, saying the US "should think twice whether it is ready to stand in

The 20th Asian Games closed on Sunday after a rocky fortnight lit up by youthful brilliance in the ‌sporting arenas but tempered by logistical dysfunction and subdued public interest. Olympic Council of Asia President Sheikh Joaan bin Hamad Al Thani declared the Games closed at Mizuho Park Athletic Stadium, with the torch handed to organizers of the next event in Doha 2030. Some 17,000 athletes and officials came for the Aichi-Nagoya showpiece, more ‌than the Paris Olympics, competing in 469 gol

Nvidia said on ‌Monday it has invested $3.5 billion in convertible bonds issued by Taiwan's MediaTek, ‌which could add to growing investor concerns about circular financing in ⁠the AI sector. The new deal is the latest example of Nvidia helping ⁠finance businesses building products and infrastructure around its technology, ​a strategy that supports growth in ‌its AI ecosystem but has ‌drawn ‌investor scrutiny. The deal includes ‌MediaTek adopting Nvidia's ​NVLink Fusion platform, allowing custom

North Korea denounced military drills by the US and South Korea, saying it ‌would continue exercising its right to self-defence to counter what it called military threats from the two countries, state media KCNA reported ‌on Wednesday. A KCNA commentary called the US and South Korea "warmongers" that raise tensions on the Korean Peninsula, denouncing the 11-day Ulchi Freedom Shield exercise. The ⁠criticism comes after US President Donald Trump on Sunday ordered the Pentagon to "substantially red

BRUSSELS (Reuters) -- ​The European Union imposed on Monday tariffs ‌on terephthalic acid - a raw material used to make ‌a common sort of plastic known as PET - made ⁠in South Korea and Mexico to protect producers in Belgium, Poland and ⁠Spain. The so-called anti-dumping new duties ​were set at a range between 6.1 percent ‌and 13.3 percent on the ‌commodity ‌made in South ‌Korea and at 24.1 percent ​on the chemical made ⁠in Mexico, the EU Commission said in a statement on Monday. "Terephthalic ⁠

NEW YORK (Reuters) -- A group of 25 Democratic-led US states sued Donald Trump's administration Monday, arguing that the president's latest round of tariffs on goods from 60 trading partners, like most of his earlier sweeping tariffs, exceeds his legal authority to tax imports. The states' ‌lawsuit filed in the US Court of International Trade in New York follows previous challenges by small US businesses, which sued to block the tariffs on the day they went into effect last month. States and sma

WASHINGTON (Reuters) -- US President Donald ‌Trump accused ExxonMobil and Chevron Monday of making "too much money" off higher fuel prices and said the oil giants should "give some of that back to the public," a notable break from his usual alliance with the industry. "I don't like it," Trump told reporters Monday, three days after the ‌companies reported blowout second-quarter earnings as the ongoing war in Iran keeps oil prices high. “Chevron, too much money. ExxonMobil, too much. Too much mon

Migrants who swam or jumped over fences to rush into Spain's African enclave of ‌Ceuta were returning home on Saturday, with many saying hunger, exhaustion and hostility from locals had crushed their hopes of a new life in Europe. Those heading back told Reuters they had initially been drawn by viral social-media videos and messages from friends suggesting that the heavily guarded border could ‌be breached. But after reaching Ceuta, many said they found no way to continue onward to mainland Spai

The US Justice Department has subpoenaed the records of a freelance ‌journalist for the New York Times as part of a probe into the sourcing of a 2025 story about ‌a botched US military operation in North Korea, the newspaper said on Saturday. Freelancer Matthew Cole was subpoenaed in February by Virginia prosecutors seeking more than ⁠two years' worth of his notes as well as his testimony, according to the newspaper. Reuters could not immediately independently verify the information, ⁠but a spok

WASHINGTON (Reuters) -- A divided Federal Reserve left interest rates unchanged Wednesday even as US central bank chief Kevin Warsh pledged an unwavering commitment to bring inflation ‌down, a message that left markets confused about just what he was prepared to do. Warsh, in what has become characteristic fashion, declined during a press conference to offer any clues about what action would be needed to contain inflation that has held above the Fed's 2 percent target for more than five years, p

South Korea's Naver said ‌in a regulatory ⁠filing on Monday that ⁠Nvidia ​will acquire $1 billion of ‌its ‌shares ‌to ‌be newly ​issued ⁠as part of an ⁠investment ​partnership ⁠to ​build a new ⁠data ⁠center. (Reuters)

HOUSTON (Reuters) -- Asian refiners are seeking to ship crude oil from Saudi Arabia's Red Sea port ‌through the Suez Canal and around Africa after Yemen's Iran-aligned Houthis said they would impose a naval blockade on Saudi Arabia. The move marks the latest redirection of oil flows due to the US-Israeli war with Iran that has sharply cut supplies, pushing refiners to ⁠seek alternative barrels or undertake different routes. Two oil tankers carrying Saudi crude to Asia reversed course in the Red

FARNBOROUGH, England (Reuters) -- Farnborough Airshow opens Monday with Boeing and Airbus pursuing aircraft deals and defense ‌firms vying for a share of booming military budgets fuelled by wars in Ukraine and the Middle East. Plane-makers are expected to announce a string of deals during the week, although industry sources say total ⁠orders are likely to fall well short of some analyst forecasts of 800 aircraft or more, reflecting supply-chain constraints that continue to limit production. At t