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Samsung is crucial to South Korea's economic health

South Korea's KOSPI Falls More Than 7 Percent As Chip Stocks Lead Global Tech Sell-Off

South Korea's KOSPI fell 7.8% to about 5,539, led by Samsung Electronics and SK Hynix, as higher US inflation and AI investment concerns fuelled a global technology sell-off.

Meghan Markle's Acting Comeback Takes Twist As Sussexes Head To Nottingham Acting Workshop After UK Return
Prince Harry and Meghan are expected to make their first joint public appearance since returning to the UK, amid reports that Meghan is considering a return to acting.
Bernie Sanders Criticizes Elon Musk's $366 Million Midterm Spending As Debate Over Money In Politics Grows
Bernie Sanders has criticised Elon Musk over reported spending of about $366 million to support Republicans in the 2026 midterm elections, renewing debate over billionaire influence and campaign finance.
Yancoal Shares Climb Above $6 As Energy Stocks Rally With Oil Prices Despite Weaker Australian Market
Yancoal Australia shares rose 3.28% above A$6 as higher oil prices lifted energy stocks, despite losses across the broader Australian market and banking sector.
Goodman Group Shares Jump More Than 3% As Property Stocks Lead ASX On Hopes US Rate Hikes Are Nearly Over
Goodman Group shares rose 3.3% against a weaker Australian market as hopes of slowing US rate increases lifted property stocks and supported interest-sensitive assets.

Bank Of America Hit With $1.2 Billion Penalty Over Money Laundering Failures, Admits Willful Violations

Federal regulators ordered Bank of America to pay more than US$1.2 billion after finding widespread anti-money-laundering failures, including inadequate monitoring and unreported suspicious transactions.

Prince Harry And Meghan Markle Still Haven't Seen King Charles Six Weeks After Shock Move Back To Britain

Prince Harry and Meghan have reportedly not met King Charles in person six weeks after returning to Britain, amid family tensions, busy royal schedules and plans for the months ahead.

Economy in Focus

Kroger Plans To Cut About 3,000 Corporate Jobs, Or 37 Percent Of Its Office Staff, Over Three Years
Kroger plans to eliminate about 3,000 corporate roles over three years as CEO Greg Foran seeks to simplify operations, reduce overhead and invest in prices, stores and frontline workers.
HYBE Shares Jump 4% As BTS Agency Rebounds Above 160,000 Won After Months-Long Slide From Yearly Highs
Apple's First Foldable IPhone Duo Faces Tight Supply As $1,999 Phone Heads Into Friday's Pre-Order Rush

More News

(VIDEO) SpaceX Pre-Dawn Launch Lights Up Sky With Glowing 'Space Jellyfish' As Cargo Dragon Heads To Space
A SpaceX Falcon 9 launch to resupply the International Space Station created a glowing, jellyfish-shaped plume visible across Florida and parts of the southeastern United States.
BMW M2 XDrive Review: First All-Wheel-Drive M2 Hits 60 MPH In 3.6 Seconds, But Purists May Miss Something
BMW's 2027 M2 xDrive brings all-wheel drive to the compact sports coupe for the first time, improving acceleration and wet-weather confidence while adding weight and reducing rear-drive playfulness.

Apple Introduces $299 HomeView Smart Display With Face Recognition And New Siri AI Assistant

Apple has introduced HomeView, a $299 smart display with Face ID-style personalisation, Siri AI, FaceTime, music and smart-home controls. Pre-orders begin in six countries.

World

A satellite image of the Strait of Hormuz

Strait Of Hormuz Remains Severely Restricted As Tanker Attacks Continue And Traffic Stays Near 10% Of Normal

The Strait of Hormuz remains technically open, but commercial crossings have fallen to about one-tenth of pre-crisis levels as vessel attacks continue and oil flows weaken.