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Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom

Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom

South Korea’s labor share of gross domestic product has fallen to its lowest level since comparable data began in 2010, hitting 41.1% in the second quarter. This decline coincides with a surge in corporate profits driven by the semiconductor industry, prompting experts to call for government intervention to address growing economic polarization.

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Doha hotel and Carolina Herrera launch fragrance-inspired afternoon tea

Doha hotel and Carolina Herrera launch fragrance-inspired afternoon tea

Waldorf Astoria Doha Lusail announces an exclusive collaboration with Carolina Herrera, bringing together the world of luxury fragrance and the art of afternoon tea in a distinctive experience at Peacock Alley. Inspired by the best-sellers from the Herrera Confidential collection, Cedar Chic, and Stallion Leather Suede, and the novelty Peccato Nobile, the limited-edition afternoon tea brings the character of each fragrance to life through an elegant collection of sweet and savory creations.

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African players in Europe: Defender Hakimi's historic hat-trick

African players in Europe: Defender Hakimi's historic hat-trick

Reigning African Footballer of the Year and Paris Saint-Germain defender Achraf Hakimi claimed a first career hat-trick at the weekend in a 5-1 Ligue 1 rout of bottom club Le Havre.

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Bangladesh garment workers clash with police protesting higher wages

Bangladesh garment workers clash with police protesting higher wages

Thousands of Bangladeshi garment workers blocked a major highway and clashed with police on Monday, demanding a monthly minimum wage more than double current pay, as protests spread across industrial hubs.

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Japan urges US to enforce discipline after second Marine arrest

Japan urges US to enforce discipline after second Marine arrest

Japan urged the United States to enforce discipline among its troops after a Marine was arrested on suspicion of drink driving during a curfew in the wake of another serviceman's arrest on a murder charge, the defence minister said on Monday.

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Struggling Slavia face Arsenal as grim record looms

Struggling Slavia face Arsenal as grim record looms

Hosting Arsenal in the Champions League on Wednesday, Slavia Prague are facing the mammoth task of ending a drawn-out winless streak in the competition as an unwelcome record looms.

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'Remarkable' rookie Lendeborg scores 37 as Warriors beat Clippers

'Remarkable' rookie Lendeborg scores 37 as Warriors beat Clippers

Rookie Yaxel Lendeborg poured in 37 points as the Golden State Warriors shrugged off the absence of Stephen Curry to beat the Los Angeles Clippers 124-112 on Sunday.

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Vikings suffer first loss while Broncos edge Chiefs in NFL

Vikings suffer first loss while Broncos edge Chiefs in NFL

Minnesota became the last NFL club to tumble from the unbeaten ranks on Sunday while Denver made a game-ending defensive goal-line stand to deny Patrick Mahomes and edge Kansas City in a thriller.

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ExxonMobil urged to re-think Papua New Guinea gas project

ExxonMobil urged to re-think Papua New Guinea gas project

One of the world's rarest bats could be at risk if ExxonMobil forges ahead with a Papua New Guinea gas project, a law firm working with impacted landowners warned Monday.

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South Korea to double spending on AI and chips in 2027

South Korea to double spending on AI and chips in 2027

South Korea will double spending on AI and semiconductors in 2027 to a record high, the president said Monday, pledging to use the technology to turn the military into a "smart, elite force".

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