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Seoul shares narrow losses late Monday morning on institutional buying

The KOSPI index is displayed at a dealing room of Hana Bank in Seoul, Monday. Yonhap Seoul shares narrowed their losses late Monday morning helped by institutional buying after a technology-led sell-off on Wall Street raised speculation over heavy spending in artificial intelligence (AI) infrastructure. After opening a sharp 3.17 percent lower, the benchmark Korea…

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Kwangwoon University expands academic ties with 3 universities in Qingdao

Kwangwoon University President Yoon Do-young, second from left, poses with officials from Qingdao University of Technology in Qingdao, Shandong province, China, Oct. 8. Courtesy of Kwangwoon University Kwangwoon University is expanding academic partnerships with three universities in Qingdao in China’s Shandong province. The university said Friday that a delegation led by President Yoon Do-young visited…

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Qatar warns global energy shockwaves from Iran war have yet to peak | Global Energy Crisis News

Doha, Qatar — Qatar’s deputy prime minister has warned that global energy shockwaves from the US-Israel war on Iran have yet to reach their peak, raising concerns about further disruption to supplies, international trade and economic growth. Speaking at the Global Security Forum in Doha on Monday, Sheikh Saoud bin Abdulrahman Al Thani, who also…

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Lee confers appointment certificates on serious crime investigation chief, new ministers

President Lee Jae Myung, left, and Kim Ji-yong, the inaugural chief of the Serious Crime Investigation Agency, pose for a photo during an appointment ceremony at Cheong Wa Dae, Monday. Courtesy of Presidential office President Lee Jae Myung on Monday conferred certificates of appointment on the chief of a new serious crime investigation body, the…

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IMF: Global financial markets face growing risks from AI, bond yields, and cyberattacks

Sovereign bond yields have risen amid renewed inflation pressures from higher energy prices, fiscal concerns, and, in some cases, stronger-than-expected economic growth. It may be the case that bond yields are moving back toward the levels seen before the global financial crisis, when growth and inflation were higher than in the 2010s. At the same…

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