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04.04.2025 12:32
Cooperation with Seoul always important despite Yoon ouster: Japan PM Japanese Prime Minister Shigeru Ishiba said Friday that the importance of bilateral cooperation with South Korea will not change, after President Yoon Suk Yeol was ousted by the country's Constitutional Court over his short-lived declaration of martial law. Ishiba told a parliamentary committee that the two nations working side by side is crucial for regional peace and security, noting that it is one of his government's priorities to coordinate more closely with South Korea as this year marks the 60th anniversary of the normalization of their relationship. Japanese Prime Minister Shigeru Ishiba responds to questions about the removal from office of South Korean President Yoon Suk Yeol during a parliamentary session in Tokyo on April 4, 2025. (Kyodo)  Read full story here

04.04.2025 12:45
Europe Stocks Could Fall 6% From Current Levels: Sarasin European equities still look "very cheap" compared to their US counterparts, but could still slide 5% to 6% from current levels due to the hit from tariffs, according to Wolf von Rotberg, strategist at Bank J Safra Sarasin. "It all depends, at the end of the day, on what we get from the political side and what we get from the macro data side, but I think the European economy is kind of moving back into a more difficult position," von Rotberg tells Bloomberg Television. (Source: Bloomberg)

04.04.2025 12:59
Curling: Japanese men have 1 last chance to qualify for Olympics Japan missed out on securing an automatic Olympic berth in men's curling as it fell to a 4-7 record in the round-robin stage Thursday at the 13-team world championship, the penultimate qualifying event for the Milan-Cortina Winter Games. Host Italy and nine teams will compete at the Olympics next February. Seven of the nine qualify based on ranking points from the 2024 and 2025 worlds. Read full story here

04.04.2025 13:00
Lots More on a Massive, Historic, Stagflationary Shock (Podcast) On Wednesday, President Trump unveiled sweeping tariffs against almost every country in the world. The size and scope was far beyond what anyone was anticipating, causing markets to subsequently plunge. But what’s next? Could it work out for the US? Will we see a spike in inflation? Will the global trading system continue to operate? On this episode, we speak with Tom Orlik, the chief economist for Bloomberg Economics, on the historical nature of this stagflationary shock, and what happens to th

04.04.2025 13:10
Yoon ousted as South Korea president by Constitutional Court South Korea's Constitutional Court on Friday ousted President Yoon Suk Yeol, upholding a parliamentary motion to impeach him over his Dec. 3 martial law declaration, which the judges deemed a denial of democracy in their unanimous ruling. Yoon became the second South Korean president to be removed from office through impeachment, after Park Geun-hye in 2017. The judgment, delivered amid tight security around the courthouse in Seoul, had been closely awaited by both his opponents and supporters following the court's final hearing in February. Read full story here