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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

World

Sun, April 2, 2023 | 14:50

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

US says Russian warplane hit American drone over Black Sea

US says Russian warplane hit American drone over Black Sea

A Russian fighter jet struck the propeller of a U.S. surveillance drone over the Black Sea on Tuesday in a “brazen violation of international law,” causing American forces to bring down the unmanned aerial vehicle, the U.S. said.

World | 2023-03-15 08:02

Wall Street climbs as some beaten-down bank stocks recover

Wall Street climbs as some beaten-down bank stocks recover

Stocks ended broadly higher on Wall Street Tuesday, as some of the most breathtaking moves from a manic Monday reversed course.

World | 2023-03-15 07:37

OPEC raises Chinese oil demand growth forecast further

OPEC raises Chinese oil demand growth forecast further

OPEC on Tuesday further raised its forecast for Chinese oil demand growth in 2023 due to the relaxation of the country's COVID-19 curbs, although it left the global total steady, citing potential downside risks for world growth.

World | 2023-03-14 21:34

Netanyahu critics urge Germany, Britain to cancel his visit

Netanyahu critics urge Germany, Britain to cancel his visit

Hundreds of Israeli writers, artists and intellectuals on Tuesday called on Germany and Britain to cancel upcoming visits by Prime Minister Benjamin Netanyahu, saying his plan to overhaul Israel's judicial system has put the country on a destructive course.

World | 2023-03-14 21:31

UK unemployment at historic low but inflation hits wages

UK unemployment at historic low but inflation hits wages

LONDON (AFP) - British unemployment remains near its historical low but wages are still falling in real terms, official data showed Tuesday on the eve of a budget.

World | 2023-03-14 21:27

Finland likely to join NATO before Sweden

Finland likely to join NATO before Sweden

Sweden's prime minister acknowledged Tuesday that it is likely that neighbor Finland will join NATO before his country does, due to Turkey's opposition to the Swedish bid.

World | 2023-03-14 21:19

Taiwan unveils portable attack drone as China tensions rise

Taiwan unveils portable attack drone as China tensions rise

Taiwan unveiled its first portable attack drone on Tuesday, an unmanned aerial vehicle similar to a U.S. model used in Ukraine's fight against Russia, as China steps up military pressure on the island.

2023-03-14 21:19

China lifts sweeping visa curbs on foreigners

China lifts sweeping visa curbs on foreigners

China will once again start issuing a range of visas to foreigners as of Wednesday, the country's foreign ministry said, in a major easing of travel restrictions in place since the outbreak of the COVID-19 pandemic.

World | 2023-03-14 15:44

SVB's demise: Why didn't US bank regulators see it coming?

SVB's demise: Why didn't US bank regulators see it coming?

With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators.

World | 2023-03-14 14:26

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Top 10 Stories

1	Koreans warned against making inappropriate videos in Thailand

2	Chun Woo-won apologizes to Gwangju victims, calls grandfather 'criminal'

3	Ambassador offers taste of Ghana to Korea

4	Gwangju's popular Alleyway restaurant resurrects

5	Korea ready to greet BIE inspection team

6	INTERVIEWNorth Korean defectors bear brunt of remittance scams

7	Yoon gov't disputes Japanese media's claims about summit

8	Gimpo airport to launch care service for dogs

9	Regulators urge financial groups to minimize interest rate hikes

10	Mirae Asset, SK Telecom team up for security token business

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