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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

World

Sat, March 25, 2023 | 08:15

2.5 tons of uranium missing from Libyan site: IAEA

2.5 tons of uranium missing from Libyan site: IAEA

The UN nuclear agency said on Wednesday that approximately 2.5 tons of natural uranium had gone missing from a site in Libya.

World | 2023-03-16 09:52

US, Russian military chiefs resume contact to discuss drone

US, Russian military chiefs resume contact to discuss drone

Defense Secretary Lloyd Austin spoke to his Russian counterpart on Wednesday about the destruction of a U.S. drone over the Black Sea after an encounter with Russian fighter jets, which brought the two countries closest to direct conflict since Moscow's invasion of Ukraine a year ago.

World | 2023-03-16 08:36

Wall Street falls on new bank fears, bond yields plunge

Wall Street falls on new bank fears, bond yields plunge

Markets shuddered Wednesday on worries about a spreading banking crisis and how badly it will hit the economy, and stocks and bond yields fell on both sides of the Atlantic.

World | 2023-03-16 07:36

Credit Suisse to borrow up to $53.7 bil. from central bank

Swiss central bank throws financial lifeline to Credit Suisse

Swiss central bank throws financial lifeline to Credit Suisse

Swiss central bank throws financial lifeline to Credit Suisse

Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the flagship Swiss lender's shares tumbled as much as 30 percent on Wednesday.

World | 2023-03-16 07:35

Credit Suisse to borrow up to $53.7 bil. from central bank

Wall Street falls on new bank fears, bond yields plunge

Russia urges US to stop 'hostile' flights after drone crash

Russia urges US to stop 'hostile' flights after drone crash

Moscow warned against "hostile" U.S. flights on Wednesday, as tensions simmered after a Russian fighter jet was accused of colliding with an American drone over the Black Sea.

World | 2023-03-15 21:03

SVB collapse: Hong Kong property market, economy could benefit from expected pause in US interest rate increases

SVB collapse: Hong Kong property market, economy could benefit from expected pause in US interest rate increases

Hong Kong's property market ― and overall economy ― is expected to benefit from a potential pause next week in U.S. interest rate increases, with the collapse of Silicon Valley Bank (SVB) triggering a crisis of confidence.

2023-03-15 17:50

Russian jet causes American drone to crash over Black Sea: US

Russian jet causes American drone to crash over Black Sea: US

A Russian fighter jet on Tuesday dumped fuel on an American drone over the Black Sea and then collided with it, causing the drone to crash, the U.S. military said, slamming the maneuver as "reckless".

World | 2023-03-15 16:26

Argentina inflation exceeds 100%

Argentina inflation exceeds 100%

Inflation in Argentina came in at 102.5 percent in the 12 months to February, exceeding the symbolic triple-digit mark and reaching a new 32-year high.

World | 2023-03-15 15:31

Meta to cut 10,000 jobs in second round of layoffs

Meta to cut 10,000 jobs in second round of layoffs

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn.

World | 2023-03-15 09:41

Moody's changes outlook on US banking system to 'negative' after SVB collapse

Moody's changes outlook on US banking system to 'negative' after SVB collapse

Moody's Investors Service on Tuesday revised its outlook on the U.S. banking system to "negative" from "stable", citing heightened risks for the sector after the rapid unraveling of SVB Financial Group fueled fears of contagion.

World | 2023-03-15 09:28

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