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Wall Street falls on double dose of disappointing economic data, as Meta sinks

Worries about a potentially toxic cocktail combining stubbornly high inflation with a flagging economy dragged U.S. stocks lower on Thursday. A sharp drop for Facebook’s parent company, one of Wall Street’s most influential stocks, also hurt the market.

New-york , United-states , Mumbai , Maharashtra , India , Japan , New-york-stock-exchange , Mexico , Mexican , Robert-jordan , Brian-jacobsen , Reuters

Korea's chipmaker SK hynix's profit beats expectation in Q1

SK hynix said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing.

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Johnnie Walker,Yantai Kaoliang, Wild Turkey among imported liquor brands to experience price rises in Korea

Various imported liquors here are raising their prices due to the strengthening of the U.S. dollar against the Korean won as well as logistics costs, which are forcing local importers to raise the prices of their products, according to industry officials, Thursday.

Turkey , United-states , Seoul , Soult-ukpyolsi , South-korea , United-kingdom , Bowmore , Argyll-and-bute , Daejeon , Taejon-gwangyoksi , American , Scotland

Hyundai Motor to bolster hybrid sales amid falling EV sentiment

Hyundai Motor will boost sales of its hybrid cars and SUVs as part of its key strategy to ensure profitable growth amid falling sentiment for electric vehicles (EV), the company said Thursday during a conference call.

India , United-states , America , Lee-seung-jo , Kia-yonhap , Hyundai-motor-group-metaplant-america , Hyundai-motor-group , Hyundai-motor , Motor-group , South-chungcheong , North-america , Middle-east

Overdue wages for migrant workers average $4,825: survey

Overdue wages for migrant workers averaged 6.63 million won ($4,825), a survey conducted by the state human rights watchdog showed Thursday.

South-korea , Korea , National-human-rights-commission-of-korea , National-human-rights-commission , Migrant , Due , Overdue , Rights , Percent , Human , Won

US economic growth slows more than expected in first quarter

U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Federal Reserve would not cut interest rates before September.

New-york , United-states , New-york-stock-exchange , International-monetary-fund , Federal-reserve , Commerce-department-bureau-of-economic-analysis , York-stock-exchange , Reuters , Wall-street , Commerce-department , Economic-analysis

Apple announces event on May 7 amid reports of launch of new iPads

Apple will hold an event on May 7, the company said on Tuesday, amid reports that it would roll out the long-anticipated revamped versions of iPad Pro and iPad Air next month.

California , United-states , Jakarta , Jakarta-raya , Indonesia , Ben-bajarin , Reuters , Worldwide-developers-conference , Pad-pro , Pad-air , Event , Ended

KG Mobility launches renovated hybrid assembly line

PYEONGTAEK, Gyeonggi Province - KG Mobility's much-touted new assembly line that can produce both internal combustion and electric vehicles shows the direction the company is pursuing on the production side, as both remain popular at the current stage of the industry's paradigm shift.

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Xi calls on Chongqing to promote high-quality development

Chinese President Xi Jinping stressed further efforts to usher in a new stage in the development of China's western region featuring well-coordinated environmental conservation, greater openness and high-quality development, when he chaired a symposium on boosting the development of China's western region in the new era in Southwest China's Chongqing Municipality.

Sichuan , Gansu , China , Chongqing , Qimu , Fujian , Chinese , Dong-shaopeng , Xinhua , International-land , Central-military-commission , Xinhua-news-agency

Homeplus' Instant Delivery service well-received by consumers

Homeplus is promoting its Instant Delivery service for orders made in close proximity to its 310 local stores nationwide as the superstore chain has recently seen a rise in demand for its express delivery services, which sees products delivered in less than an hour, according to the company, Monday.

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