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Fri, Jan 16, 2026 04:45 AM All times are UTC

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Kakao edges Naver for third spot among S. Korea's most valuable firms

Jun 16, 2021 13:01 pm UTC| Economy Business

Kakao Corp. posted a market capitalization of 64.1 trillion won to take the third spot among South Koreas most valuable company following chip giants Samsung Electronics Co. and SK hynix Inc. The upward march was due to...

Hybe: BTS’ new song ‘Butter’ reportedly increased the company’s market value

Jun 16, 2021 10:02 am UTC| Business Economy

Hybe, formerly known as Big Hit Entertainment, saw its market valuation shoot up to an amazing number after BTS Butter track was released and subsequently dominated all the music charts around the world. The companys value...

Automakers go to trial to challenge Massachusetts' 'Right to Repair' law

Jun 16, 2021 09:33 am UTC| Economy Law Business

Trade group Alliance for Automotive Innovation, representing GM, Fiat Chrysler, and several other automakers took the witness stand to contest Massachusetts Right to Repair law requiring automakers to provide expanded...

Starbucks promotes John Culver as new COO as Roz Brewer leaves post

Jun 16, 2021 09:26 am UTC| Business Economy

Starbucks announced on Tuesday, June 15, that it has named John Culver as the companys new chief operating officer. He will be taking over the post that will be vacated by Roz Brewer, who left the firm in...

Wendy's launches ‘Rick and Morty’ beverages on the menu

Jun 16, 2021 09:01 am UTC| Business Economy

Wendys already built a good relationship with Adult Swims Rick and Morty sitcom after collaborations in the past. Now their partnership has been extended, and the fast-food chain is introducing something refreshing for its...

Amazon to launch first cashierless checkout in full-size grocery store in Seattle

Jun 16, 2021 08:21 am UTC| Business Economy

Amazon is opening its newest grocery store in Seattle this week, but unlike the companys other brick and mortar groceries, this is bigger and will feature a cashierless checkout. Amazons massive grocery outlet While...

IKEA France ordered to pay $1 million as fine for spying on employees

Jun 16, 2021 07:29 am UTC| Business Economy

IKEA France was ordered by the local court to pay 1 million or around $1.2 million in fine after investigations concluded that it is guilty of inappropriately using its employee data. The verdict was handed down on...

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Economy

Asian Currencies Trade Narrowly as US Dollar Holds Near Six-Week High on Strong Data

Most Asian currencies traded within tight ranges on Friday, while the U.S. dollar remained firm near a six-week high, supported by strong U.S. economic data and fading expectations for imminent Federal Reserve rate cuts....

Canada–China Strategic Partnership Signals Reset With Historic Economic Potential

Canada and China are moving toward a renewed strategic partnership that could deliver historic economic gains by building on the complementary strengths of both nations, Canadian Prime Minister Mark Carney said during...

Malaysia Economy Posts Strong Q4 2025 Growth on Domestic Demand Boost

Malaysias economy recorded a solid expansion of 5.7% year-on-year in the fourth quarter of 2025, according to official advance estimates released on Friday, marking its fastest growth pace in more than a year. The robust...

Retail Investors Crowd Into Silver as Prices Surge to Record Highs

Individual investors are buying silver at an unprecedented pace, turning the metal into one of the most crowded commodity trades in global markets, according to a new report from Vanda Research. Over the past 30 days...

Asian Markets Rise as AI Rally Reignites, Dollar Stays Firm on Strong U.S. Data

Asian stock markets advanced on Friday as renewed optimism around artificial intelligence stocks lifted investor sentiment, while the U.S. dollar remained near a six-week high after strong American economic data reduced...

Politics

Former South Korean President Yoon Suk Yeol Faces Historic Court Ruling Over Failed Martial Law Attempt

Former South Korean President Yoon Suk Yeol is set to face his first court ruling on Friday in a landmark criminal case tied to his failed attempt to impose martial law, a political crisis that stunned the nation and drew...

Schumer Urges Trump to Halt ICE Raids, Citing Fear in U.S. Cities

U.S. Senate Democratic Leader Chuck Schumer sharply criticized Immigration and Customs Enforcement operations during a meeting with President Donald Trump on Thursday, warning that ongoing ICE raids in major U.S. cities...

U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America

A new U.S. trade deal with Taiwan is set to significantly reshape the global semiconductor landscape, with massive investments aimed at strengthening chip manufacturing in the United States. According to Commerce Secretary...

Trump Pushes Gaza Demilitarization Deal With Backing From Egypt, Turkey, and Qatar

U.S. President Donald Trump said on Thursday that Egypt, Turkey, and Qatar are backing his push for a comprehensive demilitarization agreement with Hamas, as Washington moves forward with the next phase of its plan to end...

IMF Chief Signals New $8.1 Billion Ukraine Aid Program After Surprise Kyiv Visit

International Monetary Fund Managing Director Kristalina Georgieva made a surprise visit to Kyiv on Thursday, signaling continued global financial support for Ukraine as the war with Russia drags on. Speaking to Reuters,...

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

TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) shares surged to a record high in Taipei trading on Friday, underscoring strong investor confidence driven by robust fourth-quarter earnings and sustained demand from the...

Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft

A federal judge in Oakland, California, has rejected renewed attempts by OpenAI and Microsoft to dismiss a high-profile lawsuit filed by Elon Musk, allowing the case to proceed to a jury trial starting April 27. The ruling...

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...

China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO

Chinas artificial intelligence capabilities are rapidly catching up to those of the United States and other Western nations, according to Demis Hassabis, CEO of Google DeepMind. Speaking on a CNBC podcast, Hassabis said...

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...