Lee Jae-myung wins South Korea presidency

Woongbee Lee Editor, BBC Korean EPA-EFE South Korea has handed a decisive victory to opposition candidate Lee Jae-myung six months after his predecessor’s martial law bid failed. The brief yet disastrous move set off huge protests and ended former president Yoon Suk Yeol’s career: impeached and removed from office, he still faces criminal charges for…

US factory orders slump in April as spending on tariff anticipation fades | Business and Economy

Orders tumble by 3.7 percent after a rise in March when businesses increased purchases in anticipation of tariffs. Orders from United States factories have tumbled in April after a surge in March when businesses had front-loaded purchases in anticipation of tariffs. New orders for US manufactured goods dropped by 3.7 percent on a monthly basis,…