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Fri, Jan 16, 2026 01:38 AM All times are UTC

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Daewoo Shipbuilding to form global R&D alliance for eco-friendly, smart ships

Jun 23, 2021 20:22 pm UTC| Economy Business

Daewoo Shipbuilding Marine Engineering Co. (DSME) plans to set up a global research and development alliance to develop state-of-the-art shipbuilding technologies to sharpen its competitive edge in the construction of...

Japan needs to invest billions to revive chip industry: top adviser

Jun 23, 2021 20:21 pm UTC| Economy Business

Japan must contribute at least $9 billion toward chip development this fiscal year and billions of dollars more after that if it is to revive the industry. Tetsuro Higashi, Tokyo Electron Ltd. chairman emeritus and the...

Microsoft's market value exceeds $2 trillion

Jun 23, 2021 14:21 pm UTC| Economy Business

Microsofts market value exceeded $2 trillion during trading on Tuesday, becoming only the second publicly traded US company, after Apple, to reach such a valuation. Its stock climbed 1.1 percent to $265.51. Microsoft...

Coinbase plunges 2% due to poor performance by Bitcoin and other cryptocurrencies

Jun 23, 2021 12:33 pm UTC| Economy Digital Currency Business

Coinbase fell 2 percent Tuesday to about $217 as Bitcoin prices tumbled, proving that it is not immune from the price volatility of other cryptocurrencies. The price slide is directly attributed to poor performance by...

Burger King Singapore launches plant-based Whopper following requests from customers

Jun 23, 2021 10:37 am UTC| Business Economy

Burger King Singapore added a new item to its menu and it just pleased many vegan customers. This is because the fast-food chain launched its plant-based Whopper burger that is perfect for people who prefer the meatless...

LG Elec pulls out from Hanon Systems acquisition bid

Jun 23, 2021 10:12 am UTC| Business Economy

LG Electronics has been previously reported to be interested in buying a controlling stake in Hanon Systems, a firm that manufactures automotive air conditioning systems, modules, compressors and radiators. However, in a...

Nissan trying to avert 3rd straight year of losses, CEO tells shareholders

Jun 23, 2021 09:50 am UTC| Economy Business

Nissan Chief Executive Makoto Uchida promised disgruntled shareholders that the company was doing its best to avert a third straight year of losses and that profitability is improving. Uchida added that Nissan boasts...

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Economy

US Imposes 25% Tariff on High-End Semiconductors as Phase One Move

The United States government has announced a 25% national security tariff on certain high-end semiconductors, marking what officials describe as a phase one step in a broader strategy to protect and strengthen the domestic...

China Signals Willingness to Deepen Canada Ties as Leaders Seek Reset in Relations

China has expressed a willingness to deepen cooperation with Canada while working to eliminate what it describes as interference, signaling a potential reset in bilateral relations after years of strain. The message was...

Asian Currencies Trade Flat as Yen Weakens on Election Fears and Won Retreats After U.S. Support

Most Asian currencies traded near flat levels on Thursday as investors remained cautious amid mixed political and monetary signals from both the region and the United States. The Japanese yen hovered near 18-month lows,...

Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September

The Bank of Japan (BOJ) is expected to hold off on raising interest rates until at least July, according to a majority of economists, as policymakers assess the impact of recent tightening on Japans fragile economic...

Trump Delays Tariffs on Critical Minerals, Seeks Global Supply Deals to Protect U.S. Security

U.S. President Donald Trump has decided, for now, not to impose tariffs on rare earths, lithium, and other critical minerals, choosing instead to pursue international negotiations aimed at securing stable supplies. The...

Politics

U.S. Warns All Options Remain on Table as Iran Protests Dominate U.N. Security Council Debate

The United States has reiterated its strong support for the brave people of Iran amid ongoing anti-government protests, warning that all options remain on the table to halt what it describes as a violent crackdown by...

Iran Protests Expose Deep Divisions Among Exiled Opposition Groups

Mass protests in Iran have reignited global attention on the countrys political future, but they have also highlighted deep and long-standing divisions among Iranian opposition groups in exile. Despite a shared hostility...

Israeli Airstrikes in Gaza Kill Senior Hamas and Islamic Jihad Figures Amid Fragile Ceasefire

At least ten people were killed on Thursday in a series of Israeli airstrikes across the Gaza Strip, including senior figures from Hamas and the militant group Islamic Jihad, according to Palestinian medical sources and...

U.S. Warns Cuba Not to Block Humanitarian Aid as Sanctions Pressure Mounts

The United States has warned Cuba not to interfere with a long-delayed shipment of humanitarian aid, as tensions between Washington and Havana continue to escalate under President Donald Trumps administration. A senior...

Maria Corina Machado Says She Presented Nobel Peace Prize Medal to Donald Trump

Venezuelan opposition leader Maria Corina Machado said on Thursday that she presented her Nobel Peace Prize medal to U.S. President Donald Trump during a recent meeting, a gesture that quickly drew international attention...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny

Elon Musks artificial intelligence company xAI announced new restrictions on its Grok AI chatbot after the platform generated sexualized and manipulated images that raised alarms among regulators worldwide. The move comes...

TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...

U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China

U.S. lawmakers and former national security officials are voicing strong concerns over President Donald Trumps decision to allow Nvidia to resume sales of its advanced H200 artificial intelligence chips to China, warning...

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities

Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive

Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...