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Fashion Retailer Express Inc Seeks Bankruptcy Protection Amid Store Closures

Apr 22, 2024 08:03 am UTC| Business

Fashion retailer Express Inc. announced on Monday that it has filed for Chapter 11 bankruptcy protection in the United States and plans to shut down over 100 stores as part of its restructuring plan. The company, known...

Lotte Department Store Launches AI Translation Service for Foreign Customers

Apr 22, 2024 07:44 am UTC| Business

Lotte Department Store just made it easier for foreign visitors to shop by launching its AI translation service. This service was initially available at the chains branch in Jamsil. Lotte Department Stores artificial...

South Korean Fashion Labels Unite to Combat Counterfeit Products

Apr 22, 2024 06:47 am UTC| Business

To protect their designs and trademarks, dozens of South Korean fashion labels, including the prominent brand thisisneverthat, have joined forces to establish the Brand Intellectual Property Rights Protection Association....

Tencent Reveals Release Date for 'Dungeon and Fighter' Mobile Game

Apr 22, 2024 06:16 am UTC| Business Technology

Tencent, a leading tech company based in Shenzhen, China, announced on Monday, April 22, that it is releasing the much-anticipated latest version of the mobile game Dungeon and Fighter. The game is finally arriving after...

Honda to Invest $807.74 Million in Brazil for Flexible-Fuel Vehicles Production

Apr 22, 2024 05:29 am UTC| Business

Honda Motor Co has announced a significant investment of 4.2 billion reals ($807.74 million) in its Itirapina plant in Brazil. This bold move aims to enhance the production of flexible-fuel vehicles by 2030. MSN noted...

Macquarie to Cease Car Loans to Focus on Mortgages and Deposits

Apr 22, 2024 05:20 am UTC| Business

In a significant shift of focus, Macquaries banking and financial services division announced on Monday that it will stop writing car loans to concentrate its efforts on expanding its market share in the mortgages and...

Chobani Announces Appointment of Scott Hadley as New Managing Director for AU, NZ

Apr 22, 2024 04:16 am UTC| Business

Chobani announced it has appointed Scott Hadley as the managing director for its Australian and New Zealand business units. The well-known American food and beverage company is a major player in the Australian and New...

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Economy

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty

Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japans governor signaled little urgency to...

South Korea's Capital Markets Rebound as Foreign Investors Return

South Koreas financial markets are staging a powerful comeback, drawing foreign investors back after a turbulent March that saw billions in capital flee. A combination of easing Middle East tensions, surging demand for AI...

U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative

The United States and the Philippines are set to develop a massive 4,000-acre (1,620 hectares) industrial hub as part of a growing Washington-led effort to secure global AI and semiconductor supply chains. The announcement...

Singapore's Non-Oil Domestic Exports Surge 15.3% in March 2026 on AI Demand

Singapores non-oil domestic exports (NODX) posted a remarkable 15.3% year-on-year increase in March 2026, marking the seventh consecutive month of growth, according to Enterprise Singapore. The strong performance was...

Japan Eyes Private Credit as Key Pillar in New Financial Strategy

Japans financial regulator is positioning private credit as a cornerstone of its emerging national financial strategy, responding to surging corporate funding demand driven by record-breaking merger and acquisition...

Politics

House Republicans Near Deal on FISA Extension with Limited Reforms

Republican House leadership is reportedly moving closer to reaching an agreement on extending the Foreign Intelligence Surveillance Act (FISA), with a package of modest reforms attached. According to Politico, four...

Ukraine's Svyrydenko Returns from U.S. With Renewed Support and Diplomatic Momentum

Ukrainian Prime Minister Yulia Svyrydenko wrapped up a productive two-day visit to Washington, D.C., expressing confidence in U.S. support following high-level talks with Treasury Secretary Scott Bessent and other senior...

South Korea Denies U.S. Intelligence Restrictions Over North Korea Nuclear Site Disclosure

South Koreas Unification Ministry pushed back Friday against reports that Washington had expressed displeasure and threatened to limit intelligence sharing after a South Korean minister publicly identified a previously...

China Navigates Diplomatic Tightrope Between Iran Peace Efforts and Trump Summit

China is intensifying its push to end the Iran war while carefully balancing its relationship with Tehran ahead of a pivotal summit between President Xi Jinping and U.S. President Donald Trump scheduled for mid-May. As the...

Myanmar Grants Amnesty to Over 4,000 Prisoners Under New President Min Aung Hlaing

Myanmars newly elected President Min Aung Hlaing has approved the release of 4,335 prisoners, according to state broadcaster MRTV, marking the third amnesty issued in the country within six months. The announcement did not...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...
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