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Japan FY2020 cigarette sales dive on shift to vaping amid a pandemic

Jun 28, 2021 21:43 pm UTC| Economy Business

Cigarette sales in Japan during fiscal 2020 plummeted by 16.3 percent on-year to 98.8 billion sticks, dropping below 100 billion for the first time in decades, according to the Tobacco Institute of Japan. The figure is...

Hyundai, Kia's combined EV sales in Europe reach 227,919 units in May

Jun 28, 2021 15:59 pm UTC| Economy Business

South Koreas Hyundai Motor Co. and Kia Corp. sold a combined 227,919 EVs in Europe as of May, with Hyundai selling 131,719 units, and Kia totaling 96,200 units. The two carmakers under the Hyundai Motor Group began...

German brands top S.Korea's imported car sales market

Jun 28, 2021 11:20 am UTC| Economy Business

German automakers sold 187,000 cars in South Korea last year to account for 61.7 and top the countrys imported car market, according to data by the Korean Automobile Manufacturers Association (KAMA). US automakers sold...

Samsung, LG, SK to begin Moderna vaccination of their workers next month

Jun 28, 2021 10:44 am UTC| Business Economy

Samsung, LG Display, and SK Hynix will all start vaccinating their workers next month. It was revealed that they will be using Moderna shots, and the inoculation is also part of the governments efforts to bolster its...

Kimchi market in South Korea recorded $1.4 billion sales

Jun 28, 2021 10:15 am UTC| Business Economy

Kimchi is a known staple in South Korea, and it is one side dish that is always present in any meal. There is no other country that consumes kimchi as much as the Koreans that is why it is not surprising that it raised...

Tesla issues recall on almost 300,000 EV cars in China

Jun 28, 2021 09:15 am UTC| Business Economy

Tesla started to recall more than 285,000 cars in China, and this was announced on Saturday, June 26. It was reported that the main reason for the recall was a feature in the cruise control system. The Tesla defect that...

Hyundai, Naver team up for remote test-drive experience via metaverse interactive driving

Jun 28, 2021 09:00 am UTC| Business Economy

Hyundai Motor is offering something unique to consumers or people who are interested in its vehicles. The South Korean automaker will keep providing interactive experiences to car enthusiasts around the world. In fact,...

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Economy

Tokyo Inflation Slows Despite Energy Pressures and BOJ Policy Outlook

Tokyos latest inflation data showed mixed signals in April, highlighting the complex balance between rising global energy costs and domestic government intervention. Japan inflation trends remain a key focus for investors,...

US Stock Futures Rise as S&P 500 and Nasdaq Hit Record Highs Amid Earnings Optimism and Iran Tensions

U.S. stock futures edged higher বৃহস্পতিবার evening following record-breaking performances from the SP 500 and Nasdaq Composite, as investors weighed strong corporate earnings against ongoing geopolitical uncertainty...

US Dollar Weakens as Yen Surges Amid Japan Intervention and Central Bank Moves

The U.S. dollar declined notably in global forex markets, with the Japanese yen emerging as a key beneficiary following reports of currency intervention by Japans authorities. The dollar index, which measures the greenback...

Markets Stay Strong Despite Oil Shock Concerns as Earnings Drive Investor Confidence

Global financial markets continue to show resilience despite ongoing geopolitical tensions and disruptions in oil supply. Analysts note that while the conflict involving Iran raised fears of a major oil shock, energy...

WTI Crude Oil Prices Rise Amid Iran Conflict Uncertainty

U.S. West Texas Intermediate (WTI) crude oil prices edged higher at market open, gaining 41 cents or 0.43% to reach $105.50 per barrel. The increase follows heightened volatility driven by ongoing geopolitical tensions,...

Politics

U.S. Flags Vietnam as “Priority Foreign Country” Over Intellectual Property Concerns

The Office of the United States Trade Representative (USTR) has officially designated Vietnam as a Priority Foreign Country in its latest annual intellectual property (IP) report, signaling heightened concern over the...

Japan Eases Arms Export Rules, Opening Door for Potential Ukraine Defense Support

Japans recent relaxation of its weapons export rules could pave the way for future discussions on supplying military equipment to Ukraine, according to Kyivs ambassador to Tokyo. The policy shift, led by Prime Minister...

FEMA Reinstates Employees After Dissent Letter, Signaling Shift in Workforce Stability

The U.S. Federal Emergency Management Agency (FEMA) has reinstated more than a dozen employees who were placed on administrative leave in August 2025 after signing a public letter criticizing agency leadership and...

Iran Threatens Prolonged Strikes as Strait of Hormuz Crisis Drives Global Oil Surge

Iran has warned it will launch long and painful strikes against U.S. positions if Washington escalates military action, intensifying tensions in the ongoing U.S.-Israeli conflict with Tehran. The situation has...

Lula Plans New Supreme Court Nomination After Historic Senate Rejection

Brazilian President Luiz Inácio Lula da Silva is preparing to submit a new nominee for the Supreme Federal Court after the Senate rejected his initial choice, marking a historic political setback. According to...

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

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...