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South Korea’s beer imports record an all-time low

Jan 25, 2022 06:55 am UTC| Business Economy

South Koreas imports of beer have plummeted, and it was said that last years record was at an all-time low in five years. Based on the data that was revealed on Monday, Jan. 24, the drop comes amid the boycott of Japanese...

Renault, Nissan, Mitsubishi to jointly develop EVs, plans to be revealed this week

Jan 25, 2022 06:19 am UTC| Business Economy

Renault, Nissan Motor, and Mitsubishi Motors Corp. have banded together to jointly develop electric vehicles. The three companies are said to be planning to increase their investment by three times the amount for their EV...

Cryptocurrency: Bank of Korea completes first phase of digital currency mock test

Jan 25, 2022 06:03 am UTC| Business Digital Currency

The Bank of Korea revealed on Monday, Jan. 24, that it has completed the first phase of the mock test of the workability of the central bank digital currency (CBDC). BOK is currently reviewing the possibility of...

Burger King India narrows Q3 net loss to Rs 15 crore

Jan 24, 2022 23:58 pm UTC| Economy Business

Burger King India Ltd on Monday reported narrowing of net loss to Rs 15.15 crore for the third quarter ended December 31, 2021 from a net loss of Rs 29.02 crore during October-December period of the previous...

Seoul city councilperson seeks ban of dog meat consumption

Jan 24, 2022 23:54 pm UTC| Economy Business Law

Seoul municipal councilperson Yang Min-gyu has proposed an ordinance bill calling for a long-term plan to ban dog meat consumption. According to Yang, who is part of the ruling Democratic Party, pets are now being...

S. Korea’s borrowing restrictions and higher interest rates increases number of buildings sold at court auctions

Jan 24, 2022 23:40 pm UTC| Economy Business Law

The number of buildings in South Korea put up for court auction has increased since October of last year following the governments introduction of stricter regulations for loans and higher interest rates. The number of...

Vertical farming firm Fifth Season expands operations in Ohio

Jan 24, 2022 23:33 pm UTC| Economy Business

Vertical farming company Fifth Season is building its second robotic vertical farm in Columbus, Ohio to develop a more sustainable fresh food chain and help fulfill the demand for fresh greens and ready-to-eat...

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Economy

Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions

Gold prices slipped on Wednesday as investors weighed ongoing geopolitical risks in the Middle East alongside expectations surrounding the Federal Reserves upcoming interest rate decision. Spot gold declined by 0.5% to...

Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions

Kevin Warsh, former Federal Reserve governor and U.S. President Donald Trumps nominee to lead the Federal Reserve, is expected to clear a critical step in the confirmation process as the Senate Banking Committee prepares...

Trump Urges Iran to Sign Nuclear Deal Amid Ongoing Conflict and Port Blockade

U.S. President Donald Trump has intensified pressure on Iran, urging its leadership to get smart soon and agree to a deal as tensions remain high following weeks of stalled negotiations. In a recent Truth Social post,...

Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment

Asian stock markets showed mixed performance on Wednesday as investors remained cautious ahead of the U.S. Federal Reserves policy decision and ongoing geopolitical tensions between the United States and Iran. Market...

Trump Signals Prolonged Blockade Strategy Against Iran Amid Rising Tensions

U.S. President Donald Trump has reportedly directed his advisers to prepare for a long-term blockade of Iran, marking a strategic shift toward sustained economic pressure as Washington evaluates its next moves in the...

Politics

King Charles Reaffirms UK-US Alliance Amid Global Tensions

King Charles III delivered a historic speech to the U.S. Congress, emphasizing the enduring strength of the UK-US alliance during a period marked by geopolitical uncertainty and strained relations. Addressing lawmakers,...

White House Defends Trump’s FIFA Peace Prize Amid Global Criticism

The White House has strongly defended the decision to award U.S. President Donald Trump the inaugural FIFA Peace Prize, pushing back against growing criticism from human rights organizations, athletes, and international...

Trump Meets King Charles: “Two Kings” Moment Sparks Debate on Presidential Power

U.S. President Donald Trump drew attention during a White House event welcoming King Charles and Queen Camilla, making remarks that blended history, symbolism, and political messaging. Reflecting on the shared heritage of...

U.S. Envoy Julie Davis to Retire Amid Ukraine War Diplomacy Challenges

Acting U.S. Ambassador to Ukraine Julie Davis is set to step down from her role in Kyiv and retire from the State Department in June 2026, according to U.S. officials. Her departure comes at a critical moment, as...

Trump-Iran Conflict Escalates as Nuclear Talks Stall and Oil Prices Surge

Efforts to resolve the ongoing Iran conflict have reached a critical deadlock, with U.S. President Donald Trump rejecting Tehrans latest proposal aimed at ending the two-month war. The geopolitical tensions between the...

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

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

TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer....

T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth

T-Mobile US Inc. (NASDAQ: TMUS) delivered a strong first-quarter performance, surpassing analyst expectations thanks to robust postpaid subscriber growth and rising service revenues. The wireless carrier reported adjusted...

Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook

Seagate Technology PLC (NASDAQ: STX) delivered impressive third-quarter results that surpassed Wall Street expectations, driving a sharp rise in its stock price. The data storage leader reported adjusted earnings per share...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...