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Mon, Jan 19, 2026 02:12 AM All times are UTC

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S. Korea to allow withdrawal of foreign bills at convenience stores

Nov 03, 2020 22:16 pm UTC| Business

South Koreas finance ministry will allow the withdrawal of foreign banknotes exchanged from Korean currency automated teller machines in convenience stores beginning next year to ease regulations in the foreign exchange...

Affiliates under S. Korea's antitrust watch list increase by 24

Nov 03, 2020 21:54 pm UTC| Business

The number of affiliates of major conglomerates under S. Koreas antitrust watch list increased by 24 to reach 2,325 as of the end of October, with the groups expanding investments in digital content and financial...

LG Electronics to build mini 'Silicon Valley' in Vietnam

Nov 03, 2020 20:08 pm UTC| Business

LG Electronics Inc. will set up its second research and development (RD) center in Vietnam at the Da Nang Information Technology Park Tower with a vision of transforming the city into a mini Silicon Valley. The company...

S. Korea's Hyosung T&C to invests 60 billion won in Turkey spandex plant

Nov 03, 2020 12:33 pm UTC| Business

Hyosung TC will invest 60 billion won in Turkey to boost the size of its spandex production plant from an annual capacity of 15,000 metric tons to 40,000 tons by July next year. The fiber production unit of Hyosung...

Kepco to build more grids to meet demand from renewable energy facilities

Nov 03, 2020 10:25 am UTC| Business

Korea Power Corp. (Kepco) will construct power grids in regions where renewable energy facilities are expected to be built, including the counties of Shinan and Yeonggwang in South Jeolla. Province. Kepco has been...

Hyundai Heavy fined 246 million won for misusing subcontractor's lighting, engine design

Nov 03, 2020 09:46 am UTC| Business

South Korean shipbuilder Hyundai Heavy Industries (HHI) Co. has been fined another 246 million won for sharing Samyoung Machinerys lighting equipment design and five engine parts with another subcontractor without...

When NGOs aren’t the beacons of benevolence they pretend to be

Nov 03, 2020 06:12 am UTC| Business

Following the murder of high school teacher Samuel Paty, Frances president Emmanuel Macron has moved swiftly to curb the influence of political Islamism in the country. Amid a growing backlash against his observation that...

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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

CBS News to Air Delayed 60 Minutes Report on El Salvador’s CECOT Mega-Prison

CBS News is set to air a previously postponed 60 Minutes investigation on Sunday night, focusing on El Salvadors controversial CECOT mega-prison and the treatment of migrants deported from the United States. The report,...

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...

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