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Tesla Giving Over $1,300 Discount to Model 3 Units in the US

May 22, 2023 08:09 am UTC| Business Economy

Tesla is offering a new discount for Model 3 electric vehicles in the United States. The American automotive company is granting more than $1,300 price cut for the said car model. According to Reuters, Teslas attractive...

美 전역서 도난 표적된 '현대·기아차', 집단소송 보상 2억 달러 합의

May 22, 2023 06:10 am UTC| Economy

원본 기사 : Hyundai, Kia Paying $200M to Settle Car Thefts Suit in Us 미국에서 잇따른 차량 도난 사건에 노출된 현대차와 기아차가 관련 집단소송에 대해 2억 달러(한화 약 2670억원)의 보상금을 지불하기로 합의했다. 법원이...

America’s Roundup: US dollar drops after Fed's Powell hints at June pause , Wall Street slips, Gold gains, Oil slips as debt talks pause, Fed warns of high inflation

May 20, 2023 02:32 am UTC| Market Roundups Economy

Market Roundup Canada Mar Core Retail Sales (MoM) -0.3%,-0.8% forecast,-0.7% previous Canada Mar Retail Sales (MoM) -1.4%, -1.4% forecast,-0.2% previous U.S. Baker Hughes Total Rig Count 720, 731...

Hyundai, Kia Paying $200M to Settle Car Thefts Suit in US

May 19, 2023 09:31 am UTC| Business Economy

Hyundai Motor and Kia Motors have agreed to pay $200 million as part of the settlement for its class-action lawsuit in the United States. The agreement is will waiting for a judges approval and will affect owners of around...

Disney Ditches $1B Plan to Build Campus in Florida Amid Feud with Ron DeSantis

May 19, 2023 08:45 am UTC| Business Economy

The Walt Disney Company is no longer interested in building its office complex in Florida. It has recently scrapped its plan to set up its $1 billion campus in the said state as its feud with the territorys Governor Ron...

Hyundai Motor Unveils Rebuilt 1974 Pony Coupe Concept Car

May 19, 2023 08:16 am UTC| Business Economy

Hyundai Motor Company has revived its popular 1974 Pony Coupe car, and its rebuilt unit is now on display at the Concorso dEleganza Villa dEste, which is an event in Italy where classic and vintage cars are put up for...

Samsung Display Acquires eMagin OLED Panel Manufacturer

May 19, 2023 07:12 am UTC| Business Economy

Samsung Display Co. Ltd. and eMagin Corporation announced this week they have signed a definitive merger agreement. The South Korean subsidiary of Samsung Electronics is acquiring the American leader in organic light...

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Economy

Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons

Japan has declined to comment on why the Bank of Japan (BOJ) did not join a rare joint statement issued by other major central banks in support of U.S. Federal Reserve Chair Jerome Powell, following reports of threats of...

Gold Prices Hold Near Record Highs as Fed Rate Cut Bets and Iran Tensions Fuel Safe-Haven Demand

Gold prices edged higher in Asian trading on Wednesday, hovering just below the record highs reached in the previous session, as a combination of easing U.S. inflation data, expectations of future Federal Reserve rate...

Asian Stocks Rise as Japan Hits Record Highs and China Gains on Trade Data

Asian stock markets showed mixed but generally positive performance on Wednesday, led by strong gains in Japanese stocks and renewed optimism around Chinas economy and technology sector. Japans equity markets surged to...

US–India Trade Talks Race Toward USD 500 Billion Goal

On January 13, 2026, the United States and India resumed negotiations to establish a new trade relationship between the two countries under the leadership of newly appointed U.S. Ambassador Sergio Gor. The goal of the...

Jefferies Sees Further Upside for Chinese AI Stocks as Valuation Gap Narrows

Jefferies has expressed a bullish outlook on Chinese artificial intelligence stocks, saying the sector still has significant upside potential as the valuation gap with U.S. AI peers continues to narrow. In a recent...

Politics

Trump Signals Confidence in Potential Greenland Agreement Amid Security Talks

U.S. President Donald Trump expressed renewed optimism about reaching an agreement involving Greenland following high-level diplomatic meetings between U.S., Danish, and Greenlandic officials at the White House. Speaking...

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...

U.S. Launches Phase Two of Gaza Peace Plan Amid Ongoing Ceasefire Challenges

The United States announced it is moving forward with the second phase of its Gaza peace plan, even as major components of the first phase, including a full ceasefire between Israel and Hamas, remain incomplete. The...

Trump Signals Confidence China Could Open Markets to U.S. Goods Amid Rising Global Tensions

U.S. President Donald Trump said on Tuesday that he believes China could eventually open its markets wider to American goods, once again emphasizing what he described as a strong personal relationship with Chinese...

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...

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

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...

Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026

Bank of America has reinforced its bullish outlook on Alphabet, citing improving artificial intelligence sentiment and a strengthening competitive position that could drive the company toward becoming the worlds most...

AFT Leaves X Over AI-Generated Images of Minors

The American Federation of Teachers (AFT), one of the largest teachers unions in the United States, has announced it is leaving the social media platform X, citing serious concerns over the creation and spread of...

Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny

Nvidia has denied claims that it requires full upfront payments for its H200 artificial intelligence chips, pushing back against reports suggesting unusually strict sales terms for Chinese customers. In a statement issued...
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