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Mon, Jan 19, 2026 02:10 AM All times are UTC

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Kakao's Q3 net almost triples to 143.7 billion won

Nov 06, 2020 02:26 am UTC| Business

Kakao Corp.s third-quarter net profit reached 143.7 billion won, rising nearly three times from its 51.1 billion won a year earlier and surpassing a FactSet forecast of 88.99 billion won. The company attributed its...

SsangYong hopes new Rexton SUV would boost sales in S. Korea

Nov 05, 2020 23:00 pm UTC| Business

SsangYong Motor Co. launched the all-new Rexton SUV in South Korea, priced at 37 million won to 50 million won, to boost sales amid the pandemic. The new 2.0-liter diesel engine-equipped SUV with an eight-speed...

Nongshim expects record overseas sales of instant noodles this year

Nov 05, 2020 22:34 pm UTC| Business

Nongshim Co. expects to post record instant noodles overseas sales of US$990 million this year, up 24 percent from last year, due to strong pandemic-triggered demand. According to South Koreas top instant noodle maker,...

SK hynix more than doubles Q3 net income on Huawei effect

Nov 05, 2020 22:08 pm UTC| Business

SK hynix Inc. surpassed industry estimates with its 1.07 trillion won net profit in the third quarter, up 117.5 percent from a year earlier, due to an increase in demand for mobile chips from Chinas Huawei Technologies...

Hyundai inks initial supply deal to China for 4,000 hydrogen trucks

Nov 05, 2020 19:24 pm UTC| Business

Hyundai Motor Co. signed two separate initial deals with Chinese companies to supply 4,000 hydrogen trucks by 2025 to the companies in the Yangtze River Delta region and the Beijing-Tianjin-Hebei economic zone. An MOU...

Why Do More People Trust in Regulated Exchanges?

Nov 05, 2020 05:37 am UTC| Business

Today we see that more people are turning to regulated markets to trade their investments. This has led to more regulatory bodies becoming involved in the industry and this has meant that the regulated exchanges have more...

Is It A Good Time To Invest In Online Gambling?

Nov 05, 2020 04:47 am UTC| Business

If you are like most investors, you can probably still remember when the casino industry took a big dive worldwide not too long ago. Heck, there is still no denying that the industry is still somewhat hurting due to the...

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Economy

Global Markets Slide as Trump Tariff Threats Shake Stocks, Boost Gold and Yen

U.S. stock futures fell sharply on Monday as fresh tariff threats from President Donald Trump rattled global financial markets, pushing investors toward traditional safe-haven assets such as gold, the Japanese yen, and the...

China’s Economic Growth Slows as Structural Challenges and Trade Risks Weigh on Outlook

Chinas economic growth likely cooled to a three-year low in the fourth quarter, reflecting weaker domestic demand even as the full-year performance stayed close to Beijings official target. According to a Reuters poll,...

Japan Snap Election Fuels Debate Over Consumption Tax Cut Amid Rising Living Costs

Japans expected snap general election is intensifying debate over a possible cut to the consumption tax, as both ruling and opposition parties signal support for easing the burden on households facing rising living costs....

Starmer Criticizes Tariffs on NATO Allies in Call With Trump

British Prime Minister Keir Starmer has expressed strong opposition to the idea of imposing tariffs on NATO allies, arguing that such measures undermine collective security efforts. Starmer made his position clear during a...

Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure

The proposed merger between mining giants Rio Tinto and Glencore could face significant regulatory challenges, particularly from China, the worlds largest commodity buyer. Analysts and legal experts suggest that to secure...

Politics

Vietnam Communist Party Congress to Shape Leadership and Economic Strategy

Hundreds of delegates from Vietnams ruling Communist Party are gathering in Hanoi under tight security for a pivotal week-long congress that will determine the countrys top leadership and set economic and security...

Iran Warns of Harsh Response to Possible U.S. Strike Amid Deadly Nationwide Protests

Irans president has warned that any U.S. military strike against the country would trigger a harsh and regrettable response, as Iran faces mounting international scrutiny over its deadliest wave of protests in decades. The...

Pentagon Prepares Alaska Troops for Possible Minnesota Deployment Amid Immigration Protests

The Pentagon has ordered approximately 1,500 active-duty U.S. Army soldiers stationed in Alaska to prepare for a potential deployment to Minnesota, as large-scale protests erupt over the federal governments immigration...

EU Prepares Retaliation as Trump Tariff Threats Over Greenland Escalate Transatlantic Tensions

European Union ambassadors have reached broad agreement to intensify diplomatic efforts aimed at discouraging U.S. President Donald Trump from imposing new tariffs on European allies, while simultaneously preparing...

Trump Administration Held Secret Talks With Venezuela’s Diosdado Cabello Ahead of Maduro Ouster

Senior officials from the Trump administration held months-long communications with Venezuelas powerful interior minister Diosdado Cabello prior to the U.S.-led operation that resulted in the seizure and removal of...

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

Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%

Shares of Taiwans Powerchip Semiconductor Manufacturing Corp jumped nearly 10% on Monday following news that U.S. memory chip giant Micron Technology plans to acquire one of Powerchips fabrication facilities in Taiwan,...

Tesla Revives Dojo Supercomputer Project With AI5 Chip at the Core

Tesla Inc (NASDAQ: TSLA) is set to restart development of its next-generation supercomputer, Dojo3, marking a renewed push into artificial intelligence infrastructure. Tesla CEO Elon Musk confirmed on Sunday that work on...

South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports

South Korea is moving to secure favorable treatment from the United States on tariffs affecting memory chip imports, following recent trade actions announced by the U.S. government. A spokesperson from South Koreas...

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...

Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains

Elon Musk has escalated his legal battle against OpenAI and Microsoft, seeking up to $134 billion in damages over what he claims are wrongful gains stemming from his early involvement in the artificial intelligence...

Digital Currency