South Korean President Yoon Suk Yeol faces a string of legal battles as the suspended leader fights to save his political career – and avoid prison – following his brief imposition of martial law last year. Yoon’s December 3 decree threw South Korea into turmoil when he banned political activity and sent troops to the heart of the nation’s democracy ...
Australia learned about Chinese live-fire naval drills off the country’s coast that forced dozens of flights to be diverted via an alert from a commercial pilot, authorities said on Monday. The People’s Liberation Army (PLA) Navy’s unprecedented show of firepower in waters between Australia and New Zealand has raised alarm in both countries in recent days as a clearer picture ...
Broadcaster YTN aired dashcam footage showing the towering deck of the overpass suddenly collapsing and slamming onto the road below. The massive road network is still being built and no passenger cars were around the construction site. Acting Interior and Safety Minister Koh Ki-dong urgently ordered relevant agencies, including the fire and police departments, to “mobilize all available equipment and ...
Millions of people in sub-Saharan Africa rely on money sent to them by relatives living abroad. But it costs more to send this money — known as remittances — to sub-Saharan Africa than any other region in the world, according to the World Bank. In recent years, a number of African-founded financial technology (fintech) companies have emerged, with the aim ...
Taiwan’s coast guard detained a cargo ship and its Chinese crew on Tuesday and said it was investigating whether the vessel had deliberately cut an undersea internet cable, in the latest possible breach of the island’s communication lines. The vessel suspected of damaging the cable connecting Taiwan to its outlying Penghu Islands carried a “flag of convenience” and was crewed ...
The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter from the SEC’s enforcement division on Friday, detailing in a blog post that the agency has closed its investigation into the crypto business with no intention of moving forward with an enforcement action. The news comes three days after Coinbase similarly ...
Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday. The cuts will not affect workers at the company’s cafes. In a message to corporate employees, Niccol said Starbucks is “simplifying our structure, removing layers and duplication and creating smaller, more nimble teams.” “Our intent is to operate ...
Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid pressure from President Donald Trump and the growing threat of his tariffs The tech giant said it planned to spend $500 billion over the next five years in the United States, with intentions to hire 20,000 new workers and ...
Ukrainian President Volodymyr Zelensky said Sunday that he was “ready” to resign as leader if it meant peace in his country, suggesting he could swap it for NATO membership. Asked at a press conference if he was ready to quit if it ensures peace for Ukraine, Zelensky said: “If [it guarantees] peace for Ukraine, if you really need me to ...
Pope Francis remains in critical condition, according to the Vatican, with blood tests showing mild signs of kidney failure “which is currently under control,” the Vatican said Sunday, as the 88-year-old pontiff battles pneumonia in both his lungs. It added that Francis, who was hospitalized over a week ago, has not shown further respiratory crises since yesterday evening. Some of ...