Starbucks’ Korean sales fall after backlash to ‘Tank Day’ ad campaign
Coffee chain has seen 'very significant' drop in sales after campaign that evoked crackdown, local operator says.
Category Archives: Economy
Oil prices fall amid mixed signals on US-Iran peace deal
Japan's stock market surges to record high on hopes of an end to US-Israel war on Iran.
Malaysia orders TikTok to address ‘defamatory’ content about king
Watchdog instructs social media giant to strengthen moderation following circulation of 'grossly offensive' content.
Prices surge, jobs disappear as war strains Iran’s economy
New Supreme Leader Mojtaba Khamenei says the country must defeat its enemies in an economic and cultural struggle, as we
A 42bn-euro dilemma: What is stopping EU from holding Israel to account?
Trade, history, internal rifts: Inside European deadlock over suspending lucrative association agreement with Israel.
Why oil prices aren’t what you think – and what it means for global supply
Growing gap between physical and on-paper oil prices points to more serious energy shock than appreciated, analysts say.
Social media making young people less happy, report finds
Heavy social media use has contributed to 'worrying decline' in wellbeing in Western countries, report says.
Epstein urged media mogul to give up control of affairs, citing health
Late sex offender urged US-Canadian billionaire Mortimer Zuckerman to enter guardianship or conservatorship, files show.
Stock markets surge after US lawmakers move to end government shutdown
US Senate vote to end shutdown delivers reprieve to investors worried about AI valuations and weakness in US economy.
Will millions of low-income Americans lose food stamps during shutdown?
About 42 million people rely on SNAP benefits but now face reductions or losing access altogether.
US-China now in a ‘very different kind of trade war’, experts warn
China's recent expanded export restrictions on rare-earth metals was a 'power play' before Trump-Xi meeting.
How does China’s K visa work and can it compete with the H-1B?
China is rolling out a new visa aimed at foreign talent in STEM just as the US is tightening eligibility for the H-1B.
YouTube to pay $24.5m to settle lawsuit over Trump’s account suspension
Video platform settles lawsuit filed in response to Trump's suspension over the January 6, 2021, riot at US Capitol.
Cracker Barrel revives old logo after backlash stoked by Trump
US restaurant chain abandons rebrand after new logo prompts firestorm of criticism online.
Trump orders removal of Fed governor Cook over mortgage fraud claims
Trump says Lisa Cook sacked 'effective immediately' in unprecedented move that raises concerns for Fed's independence.
Trump has bought more than $100m in bonds in office, disclosure shows
Trump's investments include Meta, Wells Fargo, Morgan Stanley, Citigroup, and T-Mobile, according to filing.
Women with AI ‘boyfriends’ mourn lost love after ‘cold’ ChatGPT upgrade
OpenAI's release of GPT-5 prompts backlash in online communities for people with AI companions.
Japan’s Nikkei 225 hits all-time high after US inflation remains steady
Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve.
South Korean crypto mogul Do Kwon pleads guilty to fraud
Cryptocurrency entrepreneur faces up to 25 years in prison over the $40bn collapse of the TerraUSD and Luna tokens.
Nvidia, AMD to pay 15% of China chip sales to US government, reports say
Trade experts express concern about reported deal linking exports controls to monetary payments.