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Debt, suicide, fraud: South Koreans hit by real estate scams
For a decade, Park Hyeon-su lived in a windowless micro-apartment in Seoul, working double shifts and saving every penny for a deposit on a nice home. To repay his original bank loan, Choi took out high-interest credit card loans and sold off his stocks, working gruelling shifts in restaurants and living on cheap food to save cash.
World's island states meet to confront climate, fiscal challenges
Extremely vulnerable to climate change, not rich enough to stop it on their own, and not poor enough to depend on aid and development financing: the world's small island countries are bracing for both fiscal and climate shocks.
China Premier Li meets Samsung boss, vows to help foreign firms
China's Premier Li Qiang said his country will always be open to foreign companies and promised steps to boost their confidence in the world's second-largest economy, state media reported.
Most Asian markets rise as traders eye US inflation
Most Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of key US inflation data. Focus is now turning to the release on Friday of the US personal consumption expenditures (PCE) index, which is the Fed's preferred gauge of inflation.
Musk plans largest-ever supercomputer for xAI startup: report
Billionaire tech mogul Elon Musk has told investors he plans to build a supercomputer dubbed "gigafactory of compute" to support the development of his artificial intelligence startup xAI, an industry news outlet reported Saturday.
G7 ministers cite 'progress' but no deal on Russian assets for Ukraine: draft statement
G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.
Life in water and mud: Colombians fed up with constant flooding
The Berrio family moves around their home on raised planks, upon which their beds and furniture have been raised, to avoid the knee-high, murky waters that have invaded their modest brick house. At home, they negotiate the plank system.
Families of Texas school shooting victims sue gunmaker, Instagram
Several families whose children were killed or wounded in a mass shooting at their Texas school two years ago have sued the gun manufacturer as well as Instagram and video game company Activision for marketing the weapon, their lawyer said Friday.
Google tweaking AI Overview after search result gaffes
Google on Friday said it is taking "swift action" to improve AI summaries of search results, after users mocked blunders like Barack Obama being the first Muslim US president. "We're taking swift action where appropriate under our content policies and using these examples to develop broader improvements to our systems, some of which have already started to roll out."
AFP
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