South Korea proposes record $761.6b 2027 budget to supercharge AI investment
The proposal signals a shift in Asia’s fourth-largest economy under South Korean President Lee Jae-myung.
The proposal signals a shift in Asia’s fourth-largest economy under South Korean President Lee Jae-myung.
The death toll across Nepal and Tibet rose to 1,003, while nearly 4,500 people remained missing.
Change partly reflects calls from certain sectors for more flexible work styles amid labour crunch.
BEIJING, Sept 1 - Chinese rescue teams worked through the night and relentless rain to restore the last remaining kilometre of the sole road leading to the Gyirong border crossing into Nepal, torn apart by a catastrophic mudslide last week.
Indonesia wants China’s help building enough solar power to electrify 100 mid-sized cities without actually owning the capacity. On July 17 in Shanghai, Indonesia’s economy minister, Airlangga Hartarto, asked China’s trade minister, Wang Wentao, to invest in developing 100
Tunnel expert Arnold Dix says large underground areas may have sheltered workers from the devastation, as rescue work continues in hydropower sites.
Trump, eyeing a revived bond he claims to have with Kim, also said in August it was important to "get along" with the North Korean leader, adding that Pyongyang now had 57 "very powerful" nuclear weapons.
Top policy adviser Kim Yong-beom's resignation came a day after President Lee Jae Myung's administration announced a sweeping Cabinet reshuffle, including new finance and defence ministers, in an apparent bid to shore up its approval ratings.
More than 100 Indians are missing at a vital Nepal-China trade crossing after devastating Himalayan floods.
Photos of the missing are plastered along a 25m wall at Tribhuvan University Teaching Hospital.
Indonesia is battling fires in Kalimantan and Sumatra, with some areas in Borneo remaining blanketed by “hazardous” levels of haze.
The officer falsely claimed he contacted missing persons and prematurely closed their cases on the South Korean holiday island of Jeju.
Malaysian Prime Minister Anwar Ibrahim earlier said Myanmar had agreed to repatriate 5,000 Rohingya.
KUALA LUMPUR, Sept 1 - The United Nations refugee agency said on Tuesday it was not involved in Malaysia's planned repatriation of Myanmar refugees, and warned that it remains unsafe for them to return to the war-torn country.
About 600 people remain stuck in several devastated hydropower stations that have become the focus of rescue efforts.
As of August, the number forced to return this year from Pakistan and Iran had reached another million.
ASHEVILLE, North Carolina, Aug 31 - When the U.S. joined Japan's efforts to shore up the yen, it wasn't for nothing. This week, U.S. Treasury Secretary Scott Bessent spelt out the terms: get busy on interest rate hikes and end outdated ideas about big economic stimulus.
The remarks followed a briefing by Seoul’s intelligence agency.
SEOUL, Sept 1 - North Korea and the United States are showing signs of resuming dialogue, a South Korean lawmaker said on Tuesday after being briefed by Seoul's intelligence agency.
Nearly 4,500 people are missing and more than 900 confirmed dead after the floods.
Analysts have said Destry would provide continuity in monetary policy.
Air quality ranged from “very unhealthy” to “hazardous” in parts of the Philippines and much of Borneo.
The visit comes as Min Aung Hlaing continues to seek legitimacy and recognition of his presidency.
Despite the excitement around Donald Trump’s new sanctions and even the US strikes against the Iranian island of Larak just hours ago, much suggests that Trump is not seeking a dramatic ratcheting up of pressure on Iran. According to reports Sunday, the US military hit Iranian
A nationalist Indian TV personality, Arnab Goswami, called the Nepal floods a possible “China made” disaster.
President Lai Ching-te said AI computing power requires chips and global collaboration.
Tokyo, Hong Kong, Seoul, Shanghai, Sydney and Singapore traded lower as investors turned cautious.
The latest US trade fight with Canada should matter far beyond North America. After negotiations collapsed in August, President Donald Trump imposed 50% tariffs on about $20 billion of Canadian goods. Ottawa answered with tariffs on roughly the same value of US imports. Trump
A leading grassroots advocacy group for the rights of Iranian Americans called on the Trump administration Monday to rescind the recent message it sent when it announced new sanctions against ordinary Iranians—“that the US is at war with the Iranian people”—and to ensure that
The probe will focus on Western Union’s management of “high-risk” payment channel.
The cause of the collision is still under investigation.
A second suspect, the driver, had fled the scene.
SEOUL, Sept 1 - South Korea will send a 44-member emergency relief team to Nepal to support search-and-rescue operations after flooding in the Rasuwa region, South Korea's Foreign Ministry said on Tuesday.
Taiwan's Foreign Minister Lin Chia-lung was invited to meetings and side events held alongside the Pacific Islands Forum in Palau.
The Senior Minister said there was potential for more trade and investments despite current low volumes.
WELLINGTON, Sept 1 - New Zealand and the U.S. will jointly fund a major upgrade of a World War Two port on a Cook Islands' atoll, the three governments said on Tuesday, in a fresh sign of Western efforts to reinforce ties in a Pacific region that is increasingly being
Mystery continues about the strange visit by CIA Director John Ratcliffe to Moscow, flying there in a massive C-17 Globemaster, a military airlifter. While the Globemaster has a specially designed secure roll off and roll on module for top officials, keeping them harnessed to
On its debut, Shein is valued well below its 2022 peak of nearly US$100 billion.
Xi has undermined efforts by the US and its allies to pressure Russia and Iran economically.
Seoul estimated that the account could grow to as much as 16.4 million won.
Scientists say the Himalayas, the world’s highest mountain range, are melting faster as global temperatures rise.
Taiwan is not a formal dialogue partner of the forum like China, but a development partner.
Talks over pay and working conditions have failed to produce an agreement.
Some 61.55 per cent of participating union members voted in favour of the agreement.
Kim Yong-beom was a key adviser to Lee on economic policy.
SEOUL, Sept 1 - South Korea's chief presidential policy adviser has resigned, the presidential Blue House said on Tuesday, after President Lee Jae Myung reshuffled his cabinet and senior aides amid a drop in his approval rating.