SEOUL, Feb. 2 (Xinhua) --South Korean stocks closed sharply lower on Monday, with the benchmark Korea Composite Stock Price Index (KOSPI) plunging more than 5 percent to record its steepest one-day decline since Nov. 21, 2025.Seoul stocks tumbled 274.69 points, or 5.26 percent, to close at 4,949.67

South Korea's online shopping sales rose in single digits in December last year due to surging demand for cars in cyberspace, statistical ministry data showed Monday.Shopping in cyberspace gained 6.2 percent over the year to 24.29 trillion won (about 16.7 billion U.S. dollars) in December of 2025,

Remittances from overseas Bangladeshis in the July-January period of the current fiscal year 2025-2026 totaled nearly 20 billion U.S. dollars, the central bank reported Sunday.According to the Bangladesh Bank data, the remittances increased by 21.8 percent year on year to 19.436 billion dollars

Ethiopian Prime Minister Abiy Ahmed on Saturday inaugurated the first phase of the Aysha II Wind Power Plant in Somali Regional State, stressing that clean energy development is central to the country's long-term economic transformation.Speaking at the event, which was attended by Djiboutian

With Chinese tech companies including Tencent, Baidu, Alibaba and ByteDance rolling out digital hongbao (red packet) incentives for the upcoming Spring Festival holidays, the rivalry among China's large-language artificial intelligence (AI) model companies has been moving palpably from the

Hong Kong's financial system remains robust and continues to operate smoothly despite heightened external volatilities, Paul Chan, financial secretary of the Hong Kong Special Administrative Region government, said in a blog post on Sunday.