Brent crude for August rose as much as 2.1% to $64.09 a barrel, after losing 2.2% last week, while West Texas Intermediate was below $62. The Organization of the Petroleum Exporting Countries and its allies agreed on Saturday to add 411,000 barrels a day of supply in July, according to a statement.
Lee, a member of the opposition Democratic Party, unveiled an “energy expressway” policy framework that relies on renewables, like offshore wind, to supply industrial hubs. His strategy calls for phasing out coal by 2040, curbing consumption of natural gas, and forming a ministry tasked with meeting South Korea’s 2050 net zero goal.
“Our preliminary forecast range for May nonfarm payrolls is 60k-130k, with the central tendency clustering around 90k – lower than the consensus of 130k at the time of writing. We think one sector — leisure and hospitality — accounted for most of the weakness, as subpar international tourism and a pullback in government travel led […]
New entrants, including Metro Bank Holdings Plc, UTB Partners Plc and Zopa Group Ltd., are flocking to AT1s because they are a cheaper way to raise capital than equity, given a backdrop of tight spreads and the stock-market volatility unleashed by US President Donald Trump. And investors are keen to put cash to work in […]
Professional dancer Yim Young-hwan, who was hired by the liberal party to join the campaign, has choreographed several of the performances. The dance routines are deliberately simple, with occasional flourishes to grab attention, and to make it easy for people to follow. “We wanted people to say, ‘Wow,’ when they saw us,” Yim said.
“I hope, as a consumer and a fan of the American car, we can have a lower tariff on US cars,” he said. He said the auto sector isn’t a strategic one for Taiwan and shouldn’t hinder talks with Washington. “I’m very optimistic about the negotiation between the US and Taiwan, especially when it comes […]
Consumer prices excluding fresh food rose 3.6% in the capital in May from a year earlier, accelerating from 3.4% in April, the Ministry of Internal Affairs said Friday. The increase, which outpaced economists’ median forecast of a 3.5% gain, was the biggest since January 2023. Overall inflation came to 3.4%, matching a revised 3.4% in […]
The order suspends the vast majority of Trump’s tariffs — his global flat tariff, elevated rates on China and others, and his fentanyl-related tariffs on China, Canada and Mexico are all suspended by the ruling. Other tariffs imposed under different powers, like so-called Section 232 and Section 301 levies, are unaffected, and include levies on […]
Kobayashi believes climate-tech startups will eventually comprise 10% of Japan-born unicorns. This would be in line with an initiative that was first introduced under former Prime Minister Fumio Kishida three years ago, which outlined an ambitious push to create 100,000 new startups and 100 unicorns by 2027.
Robin: My background as a filmmaker has always been in adventure sports. I filmed for a company called Level 1 based out of Colorado, which made annual ski films. The trips would take me to places like India, Iceland, Europe, Canada. Then I’d come back and be missing the mountains. So I said, is there anything in Hong […]