U.S. markets closed mostly higher after the government reported good news on inflation. The consumer-price index was up 0.2% over the month, while annual inflation was 2.3%.

The KDI now forecasts South Korea's gross domestic product growth at 0.8% in 2025, much slower than its February projection of a 1.6% expansion, and following estimated growth of 2.0% growth last year ...

The wage price index rose 0.9% in the first quarter, and by 3.4% from the same period a year earlier, the Australian Bureau of Statistics said Wednesday. Wages in the fourth quarter grew 3.2% on year.

Samsung Electronics has agreed to buy Germany's FlaktGroup in what would be the South Korean company's biggest acquisition in eight years. The Chinese internet giant is preparing to test its ...