Page 379 - Bkr News Today

South Korean telecom service provider KT Corp said a widespread outage on Monday was due to a "routing error" and not a cyber attack as initially suspected.

Citigroup Inc on Monday warned of significant charges related to the closing of its consumer banking business in South Korea, months after announcing its exit from 13 markets across Asia, Europe, Middle East and Africa.

Panasonic on Monday unveiled a new large prototype battery designed to help Tesla Inc lower electric vehicle (EV) production costs, in a move the Japanese company's battery chief said would deepen business ties with its key U.S. customer.

The Dow Jones industrial average registered a record closing high on Friday and major equity indexes posted a third straight week of gains while the U.S. dollar slipped.

South Korea said on Saturday that it has achieved its goal of vaccinating 70% of its 52 million people, paving the way for a planned return to normal next month.

Wall Street rose on Wednesday in choppy trade as investors saw an imminent end to ultra-loose U.S. monetary policy as a vote of confidence in the economy, while two-year Treasury yields hit 18-month highs on bets that policy tightening is in the offing.

South Korea's economic growth likely slowed a bit in the third quarter as robust exports were partially offset by subdued domestic demand due to the spread of the Delta coronavirus variant, a Reuters poll found.

As San Antonians struggle to find affordable homes, 23 percent of purchases in the area...

Global shares were on course for their third straight week of gains on Friday, buoyed by tech stocks in Asia overnight, while the dollar dipped and oil prices held steady.

Few are left to inoculate in wealthy Singapore after a vigorous campaign achieved a level of coverage envied by many nations battling the coronavirus pandemic, but a record surge in deaths and infections gives warning of risks that may still lie ahead.