(LEAD) Lee pledges bold defense, aerospace R&D investment by 2030

(ATTN: ADDS more details in paras 9-12, photo) By Kim Eun-jung SEOUL, Oct. 20 (Yonhap) -- President Lee Jae Myung said Monday the government will make bold investments in research and development (R&D) in the defense and aerospace industries by...

Greece and Turkey Clash Over EU Defense Project, SAFE

Greece is blocking Turkey’s participation in the EU’s SAFE program. Credit: U.S. Army Europe/Public Domain Greece and Turkey clashed over the multi-billion-euro EU defense program SAFE over the weekend, as Ankara accused Athens of undermining...

Czech PM hopeful Babiš faces renewed conflict of interest allegations amid EU budget talks

Czech populist leader Andrej Babiš’s election victory has reignited conflict of interest allegations over his control of the Agrofert conglomerate – a major recipient of EU farm and regional subsidies – just as EU countries negotiate the bloc’s...

More hotel investments expected as UAE's hospitality sector grows

Knight Frank is anticipating an active market for hotel deals in the UAE as the Emirates continue to be a magnet for hospitality capital. In its UAE Hospitality Market Review – Autumn 2025, the global property consultancy says an increasing range...

Europe needs to make a ‘down payment’ on reforms to sharply boost growth: IMF

WASHINGTON: The European Union needs to adopt only a small number of reforms to boost economic growth sharply, increase competitiveness and maintain welfare programs, Alfred Kammer, head of the IMF’s European department, told Reuters on Friday....

‘France has been stolen’: French crown jewels snatched in Hollywood-style daytime heist at Paris’ Louvre

PARIS, Oct 20 — Thieves raided Paris’s Louvre museum in broad daylight yesterday, taking just seven minutes to grab some of France’s priceless crown jewels, but dropping a gem-encrusted crown as they fled, officials and sources said. The...

Serious, Popular, Besties With Trump: Italy's Meloni Marks Three Years

Italian Prime Minister Giorgia Meloni marks three years in office this week with her far-right party more popular than ever, her government remarkably durable and the economy stable, if not exactly booming. "She's a serious person," said Giulia...

Jingdezhen's ancient ceramics "gene bank" decodes the cultural legacy of Chinese porcelain

A researcher analyzes the chemical composition of ancient ceramics. At the Jingdezhen Imperial Kiln Institute, east China's Jiangxi province, a vast "gene bank" of ancient ceramics is unlocking the technological and cultural codes of porcelain...

Vienna 2025 Day 1: Men's singles predictions ft. Brandon Nakashima vs Luciano Darderi, Aleksandar Kovacevic vs Matteo Arnaldi | Erste Bank Open

Day 1 (Monday, October 20) of the Erste Bank Open 2025 in Vienna will mark the start of the tournament. Jack Draper won't be returning to defend his title after shutting down his season a few weeks ago due to an injury. Jannik Sinner, the champion...

Back to the future: inside East Germany’s Cold War bunker

A few years ago, descending into the damp cold of communist East Germany’s biggest nuclear bunker with its decontamination chambers and Cold War map rooms would have been little more than a chilling foray into the past. These days, it feels like a...

Great Britain’s failed state

Be under no doubt, Britain’s degraded public realm is paving the way for a Reform government. The overwhelming sense of national malaise is helping that rise, but so too is the easy lens by which Farage helps the public understand it. Rarely...

Ascott expands in Europe with seven new properties in Vienna and Seville

The Ascott Limited has signed seven new properties in Vienna and Seville, adding nearly 1,100 units as part of its ongoing European expansion through franchise and management agreements. SINGAPORE / PARIS – The Ascott Limited (Ascott), the lodging...

Swiss investments in Egypt reach $4.9bln: GAFI deputy chief

Egypt - Yasser Abbas, Deputy Chairperson of the General Authority for Investment and Free Zones (GAFI), reviewed Egypt’s recent investment reforms, highlighting the country’s progress in infrastructure development—including energy, highways, and...

Germany to deploy officers to support Gaza ceasefire monitoring

Germany contributes staff to Gaza ceasefire monitoring effortGermany will send three military personnel to join a US-led coordination centre in Israel tasked with monitoring the Gaza ceasefire, the Defence Ministry announced on Saturday. “The...

Prince Group stashes away over $63 mil. at Cambodian branches of Korean banks: lawmaker

Over 90 billion won ($63 million) has been stashed away at Cambodian branches of Korean banks by Cambodian conglomerate Prince Group, now suspected of having operated a global scam network, a lawmaker said Monday. According to Rep. Kang Min-kuk of...

Goldman says investors should back China firms expanding overseas despite tariff risks

Investors should pay attention to Chinese listed companies seeking to grow their overseas revenue, as their global expansion will be supported by a weak yuan, cost advantages and China’s dominant role in global supply chains, according to Goldman...

Prince Group stashes away over 90 bln won at Cambodian branches of S. Korean banks: lawmaker

SEOUL, Oct. 20 (Yonhap) -- Over 90 billion won (US$63 million) has been stashed away at Cambodian branches of South Korean banks by Cambodian conglomerate Prince Group, now suspected of having operated a global scam network, a lawmaker said...

India-EU trade talks: Piyush Goyal to check out Brussels this month

Union Minister of Commerce and Industry Piyush Goyal|Picture Credit: ANI Commerce and Industry Minister Piyush Goyal will check out Brussels later on this month to offer a motivation to the continuous settlements for an open market arrangement in...

Investigation launched into ‘horrifying’ death of streamer

Several people have been interviewed and equipment seized by police investigating the death of an internet streamer who was known for taking part in extreme online challenges. Raphael Graven, who went by Jean Pormanove, was found dead in Contes,...

Greek bank rally maturing, research firm cautions investors

Autonomous Research has adopted a more cautious stance towards Greek bank stocks, saying that the market has already priced in much of the sector’s positive story. According to the independent research and analysis firm, Eurobank is the only major...