As they silently pass each other while feverishly tapping their iPhones in the latest money-making fad, throngs of individuals have been seen gathering around the forecourt of a museum in central Seoul.   For users of the financial services app Toss from South Korean company Viva Republic,...

According to Delcy Rodríguez, Venezuela's vice president, the country has already lost $232 billion since 2015, when the US implemented sanctions against it. She claimed that the main effect of the sanctions has been a decrease in oil production. Ms. Rodríguez stated at a seminar on national unity...

The second-largest producer of lithium in the world, Chile, announced plans to hand over management of EV battery mineral production to a new state-owned firm.   Here are some pertinent details about lithium and EVs:   Lithium: What Is It?   The silvery-white element has the...

According to Forbes Russia, the wealthiest individuals in Russia increased their wealth by $152 billion over the previous year, helped by strong natural resource prices and recovering from the significant loss of fortunes they experienced immediately after the start of the Ukraine war.   The...

The lithium business in Chile, the second-largest producer of the metal necessary for electric vehicle batteries in the world, will be nationalized, according to President Gabriel Boric of Chile, in order to strengthen the nation's economy and safeguard the environment.   The unexpected...

The Bank of Japan will maintain its current accommodative stance in order to hit its inflation target. Considering the "extremely high uncertainty of the outlook," a Bank of Japan official stated on Wednesday that the institution will continue to adopt accommodative policies in order to meet its...

As investors adjust to stretched valuations and failing consumption growth, a funding crunch at Indian startups that has already resulted in layoffs and postponed stock listings is expected to pave the way for industry consolidation.   According to data from analytics firm CB Insights,...

Britain now has the highest rate of consumer price inflation in western Europe, according to official data released on Wednesday, after it dropped less than expected in March from February's 10.4% to 10.1%.   According to economists surveyed by Reuters, the annual CPI rate will drop to 9.8%...

While headwinds from a global slowdown suggest a difficult road ahead, China's economy expanded faster than anticipated in the first quarter as firms and consumers were freed from crippling pandemic interruptions by the lifting of strict COVID limits.   The world's economic development has...