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  • Fed cuts rates amid deep internal split

    The U.S. Federal Reserve on December 10 (local time) lowered its benchmark interest rate by 0.25 percentage points, but the decision exposed the central bank’s sharpest internal disagreement in six years, with three out of twelve voting members opposing the move.The Federal Open Market Committee (FOMC) lowered the federal funds rate to a range of 3.50–3.75%,..

  • U.S. and China agree to slash tariffs in breakthrough Geneva deal

  • The United States and China announced a joint statement on May 12 after three days of negotiations in Geneva, Switzerland, agreeing to each cut their respe..
  • U.S. and China reach 'substantial progress' in Geneva trade talks

  • The United States and China announced on April 11 that they had made “substantial” progress in their trade negotiations held in Geneva and plan to release..
  • Robert Prevost elected as Pope Leo XIV, first American pontiff

  • Cardinal Robert Francis Prevost, 69, was elected as the 267th pope on May 8, becoming the first American to lead the Roman Catholic Church. He succeeds Pop..
  • Fed holds interest rates steady amid economic uncertainty

  • The U.S. Federal Reserve decided on May 7 to hold its benchmark interest rate steady at 4.25–4.50%, citing solid economic indicators despite rising uncerta..
  • Trump and Carney hold cordial but inconclusive first summit

  • U.S. President Donald Trump and Canadian Prime Minister Mark Carney held their first summit on May 6 in Washington, D.C., with discussions proceeding in a..
  • Trump announces temporary auto tariff relief for U.S.-made vehicles

  • The Trump administration on April 29 announced a measure aimed at easing the burden of automotive tariffs, offering temporary relief for certain U.S.-made..
  • North Korea officially confirms troop deployment to Russia

  • North Korea has officially confirmed the deployment of its troops to Russia, stating that it "fully aligns with all provisions and the spirit" of the Treat..
  • Trump signals possible cut to China tariffs

  • U.S. President Donald Trump on April 23 hinted that he may reduce the current 145% tariff rate on Chinese imports, contingent on China's response. Spe..
  • Trump signals tariff relief for China but formal talks yet to begin

  • The Trump administration has continued to send conciliatory messages to China amid an ongoing trade war, but formal negotiations between the two countries..
  • Trump rattles markets with Fed pressure as stocks slide

  • U.S. stock markets fell sharply on April 21 as former President Donald Trump intensified pressure on the Federal Reserve to cut interest rates, raising con..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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Jang Won-young shines as BVLGARI’s holiday muse

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