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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

World

Wed, March 29, 2023 | 21:38

Wall Street steadies itself a day after its steep tumble

Wall Street steadies itself a day after its steep tumble

Stocks steadied on Wall Street Wednesday and closed with a mixed finish, a day after worries about interest rates sent them to one of their worst tumbles of the year.

World | 2023-03-09 09:36

Fed still up in the air on whether to accelerate rate hikes: Powell

Fed still up in the air on whether to accelerate rate hikes: Powell

Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank's policy meeting in two weeks.

World | 2023-03-09 08:49

BOK to keep restrictive monetary policy 'for considerable period of time'

Fed policy puts Korea under pressure to hike rate again

Over 50,000 protest in Greece over rail tragedy

Over 50,000 protest in Greece over rail tragedy

More than 50,000 protesters took to streets across Greece on Wednesday and workers staged mass strikes, expressing anger over the country's worst rail tragedy and urging the prime minister to resign.

World | 2023-03-08 21:50

Putin's cellist friend moved millions through Swiss bank accounts

Putin's cellist friend moved millions through Swiss bank accounts

A concert cellist linked to Russian President Vladimir Putin moved millions of francs through Swiss bank accounts without any proper checks, Swiss prosecutors said on Wednesday at the start of a trial of four bankers accused of helping him.

World | 2023-03-08 20:50

US set to lift COVID-19 testing requirements for travelers from China: source

US set to lift COVID-19 testing requirements for travelers from China: source

The U.S. Centers for Disease Control and Prevention (CDC) is set to end on Friday mandatory COVID-19 tests for travelers from China, joining other countries in dropping the requirements, a source briefed on the matter told Reuters.

World | 2023-03-08 14:18

Fed's Powell sets the table for higher and possibly faster rate hikes

Fed's Powell sets the table for higher and possibly faster rate hikes

The Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in larger steps if the "totality" of incoming information suggests tougher measures are needed to control inflation, Fed Chair Jerome Powell told U.S. lawmakers on Tuesday.

World | 2023-03-08 10:59

China warns US to stop suppression or risk 'conflict'

China warns US to stop suppression or risk 'conflict'

The United States should change its "distorted" attitude towards China or "conflict and confrontation" will follow, China's foreign minister said on Tuesday, while defending its stance on the war in Ukraine and its close ties with Russia.

World | 2023-03-08 10:26

White House backs Senate bill to boost US ability to ban TikTok

White House backs Senate bill to boost US ability to ban TikTok

The White House said it backed legislation introduced on Tuesday by a dozen Senators to give the administration new powers to ban Chinese-owned video app TikTok and other foreign-based technologies if they pose national security threats.

World | 2023-03-08 09:59

Stocks fall, dollar climbs on Fed rate warning

Stocks fall, dollar climbs on Fed rate warning

Stock markets tumbled, oil prices fell and the dollar firmed on Tuesday as Federal Reserve Chair Jerome Powell warned that the central bank could step up its rate hike campaign to fight inflation.

World | 2023-03-08 07:59

Fed's Powell sets the table for higher and possibly faster rate hikes

Russian gym coach who criticized Olympic judges banned

Russian gym coach who criticized Olympic judges banned

A top Russian gymnastics coach whose athletes won numerous Olympic gold medals has been suspended following vehement criticism of judges who ended Russia's winning streak in rhythmic gymnastics at the Tokyo Olympics. The Gymnastics Ethics Foundation, which handles international disciplinary cases, barred Irina Viner from coaching or officiating at any competitions in internat...

World | 2023-03-07 21:56

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Top 10 Stories

1	Revised Japanese textbooks distort wartime forced labor, catching Korea off guard

2	Clock ticks for China's massive repatriation of N. Korean defectors

3	Gold price nears all-time high amid financial jitters

4	Ramsar wetland in Han River cleaned up for protected birdlife

5	BMW launches new XM

6	Civic groups in Gwangju await meeting with Chun Doo-hwan's grandson

7	North Korea unveils tactical nuclear warheads

8	CJ CheilJedang sees chicken as next big seller after frozen dumpling

9	2024 budget to focus on tackling low birthrate

10	Over 1,000 financially vulnerable Koreans apply for new emergency gov't loans

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