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LG, Samsung, SK among world's top 5 EV battery makers in Jan.-Nov. period

Dec 31, 2020 20:52 pm UTC| Business

South Korean battery maker LG Energy Solution Ltd. shipped 26.4 gigawatt-hour (GWh) equivalents of electric vehicle (EV) batteries in the first 11 months of the year to account for 22.6 percent of the global market and be...

Lotte closes fashion mall in Dongdaemun Market

Dec 31, 2020 20:48 pm UTC| Business

Shopping center Lotte FITIN will be closed down by Dec. 31 due to the effects of the pandemic on the fashion business. Lotte Asset Development, Lotte groups real estate firm, has been operating the mall for seven years....

Tata ups AirAsia stake to 84% while eyeing Air India

Dec 31, 2020 20:42 pm UTC| Business

Tata Group is paying $38 million to increase its stake in AirAsia India from 51 percent to 84 percent as it looks to increase its share of Indias airline industry. Last week Tata also put in a bid for the countrys...

S. Korea's banks to operate nonfinancial services such as food delivery

Dec 31, 2020 20:33 pm UTC| Business

South Koreas Financial Services Commission will revise its regulatory system in July to allow local banks to operate nonfinancial services like food delivery via their mobile applications. The countrys top financial...

Naver's V Live streaming platform posts 100 million global downloads

Dec 31, 2020 20:19 pm UTC| Business

Naver Corp.s live streaming platform V Live, which features K-pop celebrities broadcasting live on the internet allowing fans from around the globe to chat with them, has accumulated over 100 million downloads...

How to Prove Discrimination in the Workplace?

Dec 31, 2020 04:32 am UTC| Business

A 2019 study published in the journal SSM - Population Health found that despite over five decades of federal legislation aimed to protect works against discrimination based on race, color, sex, national origin, religion,...

How the 2020 Election Will Affect Your Wallet

Dec 31, 2020 04:30 am UTC| Business

Summary: A Biden Presidency will send some ripples across the economy, but your long-term investment plan should stay the same At the moment, it looks like Joe Biden is positioned to become the President of the United...

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Economy

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Politics

Cuba Condemns New U.S. Sanctions, Calls Measures “Collective Punishment”

Cuba has strongly rejected the latest sanctions imposed by U.S. President Donald Trump, describing them as unjust and harmful to its citizens. The response came from Cuban Foreign Minister Bruno Rodríguez, who...

Rising Tensions in US-Europe Relations Amid Trump Policies and Iran War

Recent developments in US-Europe relations have raised concerns among global leaders as tensions escalate due to policy disagreements and political rhetoric. European officials are increasingly uneasy following a series of...

Trump Expands Cuba Sanctions Targeting Key Sectors and Foreign Entities

U.S. President Donald Trump has signed a sweeping executive order expanding sanctions against Cuba, intensifying pressure on the islands government and its international partners. According to White House officials, the...

US to Withdraw 5,000 Troops from Germany Amid Growing Rift with European Allies

The United States is set to withdraw approximately 5,000 troops from Germany, signaling rising tensions between Washington and its European allies amid the ongoing Iran conflict. The Pentagon confirmed the move, which will...

U.S. Weapons Delays Raise Concerns Among European Allies Amid Iran Conflict

The United States has reportedly warned several European allies to prepare for delays in the delivery of military equipment, as ongoing tensions and conflict involving Iran continue to strain American weapons stockpiles....

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

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

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...