Business
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains on foreign-currency assets and stronger securities prices lifted results. The total marked a 96.03% increase from 2024 and surpassed the central bank’s previous high of 7.8638…
Cryptowire, NEW YORK: Bitcoin climbed back to its highest level since early February on Tuesday, extending a rebound that lifted U.S.-listed crypto stocks after a fresh wave of exchange-traded fund inflows and another large purchase by Strategy. Bitcoin touched $75,937 intraday and was trading near $74,393, while shares of Strategy ended Monday up 5.6%.…
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook. The cut leaves Botswana at the lowest investment-grade level and comes as weaker rough diamond sales…
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax leading the increase in receipts. Finance ministry data showed tax revenue reached 52.9 trillion won in the month, up 6.2 trillion won from a year earlier,…
Health
DUBAI: UNICEF, Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI) and the Children’s Investment Fund Foundation (CIFF) have launched a US$300 million partnership aimed at helping save 3 million children from malnutrition, the organisations…
LYON: Nearly four in 10 cancer cases worldwide could be prevented by reducing exposure to known, modifiable risk factors, according to a new analysis from the World Health Organization and its cancer research agency…
MENA Newswire, WASHINGTON: U.S. regulators have classified a recall affecting more than 80,000 single serve coffee pods made for Keurig brewers after a labeling error raised concerns for consumers who avoid caffeine. The action…
MENA Newswire, BOSTON: Scientists at Tufts University say they have developed a more efficient way to make tagatose, a naturally occurring “rare sugar” that tastes close to table sugar while delivering fewer calories…
MENA Newswire, CHICAGO: A 25-year research effort at Northwestern University has detailed a consistent pattern among a small group of adults in their 80s and beyond who retain memory performance more typical of people…
MENA Newswire, SEATTLE: Amazon Pharmacy is now filling prescriptions in the United States for a newly approved pill version of Wegovy, the weight loss medicine made by Novo Nordisk. Amazon said eligible customers with commercial insurance…