Hopes of a corporate governance reform drive in South Korea have pushed the main stock index to a three-and-a-half-year high, as investors bet a new leftwing government can lift the country’s persistently low valuations. President Lee Jae-myung made corporate governance reform and boosting the stock market pillars of his campaign, promising South Korea’s army of … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US Environmental Protection Agency has begun to dismantle rules restricting pollution from power plants as Donald Trump takes aim at green regulations imposed by his predecessor Joe Biden. The EPA on Wednesday … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Oil prices rose sharply on Wednesday after the US defence department authorised dependants of service members in parts of the Middle East to leave the region. Brent crude, the international oil marker, jumped … Read more
In 2006, a small, little-known company named Space Exploration Technologies Corporation — SpaceX, for short — won a NASA contract to ferry cargo and supplies to the International Space Station. At that moment, SpaceX had not yet launched anything to orbit and would not succeed until two years later with its tiny Falcon 1 rocket. … Read more
Night sky observers are being treated this week to a view of a red-tinted full moon — known in June as a “strawberry moon” — a phenomenon that occurs when the moon sits low on the Southern Horizon. This summer, the reddish color is particularly pronounced because the moon is sitting at the lowest position … Read more
The northern lights are fleeting and fantastical. But Elise Wright Knutsen, an atmospheric physicist at the University of Oslo, has gotten used to them. “I’m Norwegian, so the aurora is a big thing here,” she said. “You kind of grow up with it happening over your head.” But catching her first glimpse of the aurora … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Credit Suisse’s former global head of asset management was accused by a board member of the now-defunct bank of giving a “false picture” of its funds tied to Greensill Capital, London’s High Court has heard. … Read more
Ed Smylie, the NASA official who led a team of engineers that cobbled together an apparatus made of cardboard, plastic bags and duct tape that saved the Apollo 13 crew in 1970 after an explosion crippled the spacecraft as it sped toward the moon, died on April 21 in Crossville, Tenn. He was 95. His … Read more
President Trump’s recent trip to the Persian Gulf was notable for the ways that American foreign policy overlapped with his family’s business interests. But another powerful White House figure also cut lucrative deals in the region last week: Elon Musk. Tagging along on Mr. Trump’s state visit to Saudi Arabia last week, Mr. Musk, the … Read more
New Yorkers, get ready for the latest solar spectacle. Each year at the end of May, and again in mid-July, residents and tourists flood the streets of Manhattan for a spectacular view of the sun setting in the west, flanked by the city’s famous streetscapes. Nicknamed Manhattanhenge, the event attracts more people each year, some … Read more