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Amazon Saudi Arabia officially replaces Souq.com

Jun 18, 2020 23:56 pm UTC| Business

Amazon Saudi Arabia has been launched via the Amazon.sa domain to replace Souq.com. Souq website visitors in Saudi Arabia are now redirected to Amazon.sa. According to a joint statement on the new sites main page,...

S. Korea revokes permit for Medytox to produce botox products

Jun 18, 2020 23:31 pm UTC| Business

South Koreas Ministry of Food and Drug Safety revoked Medytoxs permit for producing botulinum toxin products due to its use of unapproved ingredients and fabricating test results. The three clostridium botulinum toxin...

Volvo Korea to invest 150-B Won in doubling number of service centers

Jun 18, 2020 23:21 pm UTC| Business

Volvo Car Korea will invest 150 billion won in nearly doubling the number of its service centers to 52 and that of repair centers to 312 by 2023. Helped by new models, such as the new S60 sedan, Volvos sales jumped 26...

Doosan Bobcat sells 1,400 tractors in North America in 5 months

Jun 18, 2020 23:07 pm UTC| Business

Doosan Bobcat sold 1,400 compact tractors in North America from January to May and on track to meet its target of 3,000 units this year. The company credited its successful entry into the North American compact tractor...

KT collaborates with Igis in data center business in Uzbekistan

Jun 18, 2020 01:03 am UTC| Business

KT Corp. has joined hands with Igis Asset Management Co. at seeking internet data center (IDC) business opportunities in Uzbekistan. Under the partnership, KT will provide its know-how and technology solutions while...

Mercedes Benz to recall 4,653 label-defective sedans in China

Jun 18, 2020 00:41 am UTC| Business

Mercedes Benz (China) Ltd will begin recalling 4,653 imported vehicles sold in China due to incorrect child-safety lock labels on June 19, according to the State Administration for Market Regulation. The vehicles to be...

Registration of live-streaming companies in China surges by 684% in May

Jun 18, 2020 00:28 am UTC| Business

Chinas live-streaming industry achieved rapid growth during the pandemic with monthly registration of live streaming companies reaching 2,877 in May, 684 percent higher than in the same period last year. Monthly...

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Economy

Asian Stocks Slide as Trump-Greenland Tensions and Japan Election Jitters Rattle Markets

Asian stocks declined broadly on Tuesday, extending sharp losses from the previous session as investors remained cautious amid rising geopolitical tensions and political uncertainty. Regional markets were unsettled by...

Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness

The Bank of Japan (BOJ) is widely expected to raise its economic growth forecast this Friday and signal its readiness to tighten monetary policy further, as persistent yen depreciation and expectations of solid wage growth...

China Holds Loan Prime Rates Steady in January as Market Expectations Align

China kept its benchmark lending rates unchanged for the eighth consecutive month in January, signaling a continued cautious approach to monetary policy amid a fragile economic recovery. The decision, announced on Tuesday,...

Dollar Slides to One-Week Low as White House Threats Spark ‘Sell America’ Trade

The U.S. dollar weakened to its lowest level in a week during early trading on Monday as renewed geopolitical tensions involving the White House and the European Union triggered a broad selloff across U.S. financial...

South Korea Economy Shows Weak Q4 2025 Growth as Domestic Demand Falters

South Koreas economy recorded minimal growth in the final quarter of 2025, as weak domestic demand and slowing private investment continued to weigh on overall activity, according to a Reuters poll of economists. While...

Politics

Russian Drone and Missile Attack Disrupts Power and Water in Kyiv

Russian forces carried out a large-scale combined drone and missile attack on Ukraines capital, Kyiv, early Tuesday, causing significant disruptions to essential infrastructure and injuring at least one person, according...

Trump Administration Appeals Judge’s Order Limiting ICE Tactics in Minneapolis

The Trump administration has filed an appeal against a federal judges ruling that restricts certain tactics used by U.S. immigration agents during enforcement operations in Minneapolis, escalating tensions surrounding...

Syrian Government Consolidates Control as Kurdish Forces Withdraw from Key Regions

Syrian government troops tightened their control over large parts of northern and eastern Syria on Monday after Kurdish-led forces abruptly withdrew, marking a major shift in the countrys balance of power. The pullback by...

Ukraine Unveils New Drone-Based Air Defence Strategy Amid Rising Russian Threats

Ukraine is overhauling its air defence system by introducing a new operational approach centered on mobile groups using interceptor drones, as the country prepares for potential large-scale Russian attacks. President...

Guatemala Declares State of Siege After Deadly Gang Violence and Prison Hostage Crisis

Guatemalas president, Bernardo Arévalo, declared a 30-day state of siege after a wave of gang-related violence erupted following a dramatic prison hostage crisis that left at least seven police officers dead and 10...

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