South Korea's impeached former President Yoon Suk Yeol has been sentenced to life in prison for masterminding an insurrection during his imposition of martial law in the country in late 2024.A martial law that Yoon Suk Yeol declared on December 3, 2024, alleging that "anti-state forces" within opposition parties were pro-North Korean, plunged the country into turmoil.He was forced to repeal the ma...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.