South Korea’s financial markets tumbled on Wednesday following a night of political chaos, as President Yoon Suk Yeol briefly declared martial law only to withdraw the measure just hours later under pressure from lawmakers. The Kospi, South Korea’s main stock index, opened 1.8 percent lower at 2,454.68, a drop of 45.42 points. The tech-heavy Kosdaq also fell 1.8 percent, opening at 678.35. In currency trading, the South Korean won weakened significantly. The exchange rate surged to 1

Seoul shares opened lower Wednesday as political uncertainties arose after President Yoon Suk Yeol lifted a short-lived attempt at martial law. The benchmark Korea Composite Stock Price Index (Kospi) fell 25.95 points, or 1.04 percent, to 2,474.15 in the first 15 minutes of trading. On late Tuesday, Yoon declared an "emergency martial law," accusing the main opposition Democratic Party of sympathizing with North Korea and paralyzing the government with anti-state activities. But Yoon l

South Korea's bourse operator Korea Exchange has decided to open stock markets as usual amid concerns over market volatility induced by President Yoon Suk Yeol's brief imposition of an emergency martial law declaration. Stock market indicators, which plummeted due to President Yoon's sudden declaration, showed slight stabilization after parliament voted in favor of a motion demanding the lifting of martial law. As of 2:30 am, the Kospi 200 overnight futures and options index stood at 322.80, dow

SHANGHAI, Dec. 4, 2024 /PRNewswire/ -- 26th China Clean Expo (CCE), organized by IM Sinoexpo and supported by ISSA – The worldwide cleaning industry association, will take place at Shanghai New International Expo Center (SNIEC) from March 31st to April 3rd, 2025. We welcome cleaning professionals worldwide like you to join us and explore limitless cleaning business opportunities in China. China's professional cleaning industry is experiencing robust growth. In 2023, the market size reached app

Following President Yoon Suk Yeol’s declaration of emergency martial law on Dec. 3, the Ministry of Education has officially confirmed that schools will operate as usual on Wednesday. In a statement issued late this evening, a Ministry of Education spokesperson clarified, “Despite the declaration of martial law, there are currently no directives or restrictions that would necessitate school closures. Classes will proceed as scheduled tomorrow.” This announcement comes amid a wa

In the hours after President Yoon Suk Yeol declared in South Korea at around 10:20 p.m. Tuesday, chaos ensued west of Yeouido in central Seoul as lawmakers, aides and reporters rushed to get to the National Assembly. Soon after Yoon announced he would impose martial law, police squads began surrounding the gates of the legislature. At this point, people could enter at checkpoints if they presented their passes. Democratic Party of Korea Rep. Kim Byung-kee, running up flights of stairs, could be

South Korea's bourse operator said Wednesday it is yet to be decided whether stock markets will open as usual following President Yoon Suk Yeol's unexpected emergency martial law declaration. Yoon declared martial law in a previously unannounced late-night address Tuesday, accusing the opposition side of controlling the parliament and paralyzing the government by conducting "anti-state activities." "It is yet to be decided if the stock markets will be opened Wednesday,&q

The applications for the second season of Netflix's “Culinary Class Wars” is now open for aspiring participants, the global streaming platform announced Tuesday. The popular series, which features intense cook-offs between underdog chefs from the "black team" and star chefs from the "white team," as well as various individual challenges, made history with its first season. The show, attracting viewers from Korea and beyond, became the first Korean entertainme

Ryu Seung-min, the 2004 Olympic table tennis champion and a former member of the International Olympic Committee, officially entered the race to become the next head of the national Olympic body Tuesday. Ryu, 42, formally tossed his name into the ring for the presidential election for the Korean Sport & Olympic Committee at a press conference in Seoul. The election is scheduled for Jan. 14, 2025. Lee Kee-heung, the incumbent head of the KSOC, has yet to formally declare his intent to go for

A senior presidential official said Tuesday that a now-disbanded consultative body on a prolonged walkout by trainee doctors could be reopened, but urged relevant parties to make more efforts to resolve the medical impasse. Jang Sang-yoon, senior presidential secretary for social policy, made the remark during a radio interview with broadcaster KBS, two days after the consultative body, which involved the ruling party, the government and doctors' groups, broke up as they failed to narrow di

Seoul shares opened higher Tuesday, tracking gains in US tech stocks after Washington announced a new semiconductor export control package targeting China. The benchmark Korea Composite Stock Price Index shot up 29.74 points, or 1.21 percent, to 2,484.22 in the first 15 minutes of trading. Overnight, the tech-heavy Nasdaq Composite jumped 0.97 percent, and the S&P increased 0.24 percent. The Dow Jones Industrial Average edged down 0.29 percent. Seoul shares gained ground as the latest US exp

FLORENCE, Italy, Dec. 2, 2024 /PRNewswire/ -- Thoughts, anecdotes and unexpected backstories providing an insight into sport. It was an emotion-packed evening for the talk show Fair Play Menarini – The Champions Tell their Stories. Fair play, Olympic spirit, and respect served as the unifying theme of the event, in which top athletes captivated the audience with stories of the challenges and successes of their journey. In this year's edition, the talk show, held in the stunning setti

China on Monday condemned Lithuania’s expulsion of three Chinese diplomats as relations between the two countries continue to sour. A Chinese Foreign Ministry spokesperson accused Lithuania of expelling its diplomats and declaring them persona non grata “without any reason,” according to a statement posted on the ministry’s website. “China strongly condemns and firmly rejects this wanton and provocative action,” the spokesperson said. The spat comes amid an in

JAKARTA, Indonesia, Dec. 2, 2024 /PRNewswire/ -- Established in 2014, Ann's Bakehouse & Creamery has consistently delivered premium cakes and cookies that offer exceptional value for money. Partnering only with skilled pastry chefs and bakers who bring over a decade of expertise, further shows the brand's dedication to delivering outstanding taste and top-quality products. Now operating with a comprehensive end-to-end enterprise resource planning (ERP) system, Ann's Bakehouse & Crea

BANGKOK, Dec. 2, 2024 /PRNewswire/ -- Following the successful launch of its new artistic conceptual store in Bangkok on November 22, the renowned fashion brand URBAN REVIVO (UR) is set to open its current largest store in Thailand at One Bangkok Mall on December 6. This new location will be joined by the debut of another brand under the same group, BENLAI, which will open its first store in Thailand on December 10. Both store openings promise to offer engaging interactive experiences and e