Business

Russia is set to significantly boost its defense budget, planning to allocate 17.1 trillion rubles (approximately $202.6 billion) for defense spending in 2027, according to government budget documents. This proposed …

Russia’s Finance Ministry has unveiled a draft federal budget for 2027-2029, proposing several tax measures designed to bolster government revenues amid ongoing fiscal challenges. The proposal introduces progressive tax rates …

South Korean stocks witnessed a notable surge on Monday, driven largely by the robust performance of semiconductor shares, amid ongoing concerns over Middle East tensions and rising oil prices. The …

South Korean President Lee Jae Myung met with Khaldoon Khalifa Al Mubarak, chairman of the Executive Affairs Authority of Abu Dhabi, to strengthen bilateral ties between South Korea and the …

South Korea and the United States are grappling with major disagreements over a proposed $200 billion investment by Seoul in U.S. nuclear projects, casting uncertainty over the finalization of the …

South Korean President Lee Jae-myung is facing a significant dip in popularity, as his approval rating plummets amid growing dissatisfaction over his handling of domestic issues. Recent polling data indicates …

Asian markets presented a mixed picture on Monday as shares of SoftBank Group, a prominent Japanese investment firm, plummeted by more than 10%. The decline was driven by escalating concerns …

South Korea is eyeing a significant $22.3 billion natural gas power endeavor in Texas, marking a pivotal step in its broader $350 billion investment pledge to the United States. This …

LG Electronics is gearing up to tap into new growth opportunities by focusing on robotic actuators and business-to-business (B2B) appliances. The company is preparing to fulfill potential large-scale orders from …

South Korea and the United States are currently engaged in discussions about semiconductor investments within the U.S. This is part of a broader negotiation agenda between the two nations, as …