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S. Korean Retail Investors Sell Record 8-Year-High Amount of Stocks

May 20, 2020 01:41 am UTC| Business

Individual investors in South Korea sold a net 1.19 trillion won worth of local stocks on Tuesday, the most substantial sum since Sept. 14, 2012, according to the Korea Exchange. The largest-ever sell-off by retail...

Zoom and Remote Meetings: Sean Aloise Explains How COVID-19 Could Revolutionize Business Meetings

May 19, 2020 15:24 pm UTC| Business

As of early March, big corporations and small businesses alike have switched from brick-and-mortar work environments to work-from-home operations in an attempt to flatten the curve and slow the spread of the novel...

Understanding new generation of charitable Chinese: Calvin Lo’s long distance philanthropy succeeds

May 19, 2020 15:21 pm UTC| Business

The last few months have really been tough for people across the world. Various charitable organizations have shown their power by making optimal use of their status. It is also the time when wealthy people have focused...

What Can the Premier League Learn from the Bundesliga?

May 19, 2020 15:20 pm UTC| Business

The 2019/20 German Bundesliga resumed on the 16th of May following suspension due to the coronavirus outbreak. The immediate reaction is good and the resumption has been a success. This is in most part due to the changes...

Woori, JB Financial Groups Step Up Capabilities to Service Online Deals

May 19, 2020 15:16 pm UTC| Business Technology

Woori Financial Group and JB Financial Group would launch teams to promote digital innovation toward addressing the rise of online transactions. Woori Financial Group established what it dubbed as a digital innovation...

S. Korean Food Manufacturers Post 2-Digit Profit Growth

May 19, 2020 15:14 pm UTC| Business

Due to the brisk demand for instant food products, South Korean food conglomerates enjoyed two-digit profit growth in the first quarter. In the first quarter, CJ Cheiljedang Corp.s operating profit grew 54.1 percent...

Doosan Heavy Equipment to Suspend with Pay 400 Workers as Part of Self-Rescue

May 19, 2020 15:14 pm UTC| Business

Power equipment maker Doosan Heavy Construction Co. will suspend with pay about 400 employees as part of its self-rescue plan last month. Workers to be suspended from Thursday until the end of the year will get 70...

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Economy

US Stock Futures Steady as Earnings Season and Jobs Data Take Center Stage

U.S. stock index futures were relatively unchanged on Sunday evening following a strong الأداء on Wall Street last week, as investors turned their attention to a busy earnings calendar and key economic data. Market...

Oil Prices Ease Slightly as Strait of Hormuz Tensions and U.S.-Iran Talks Support Market Above $100

Oil prices edged lower on Monday but remained firmly above the $100 mark as geopolitical tensions in the Middle East and stalled U.S.-Iran negotiations continued to influence global energy markets. Brent crude futures...

UAE Exits OAPEC Amid Shift Toward Independent Oil Strategy and Market Uncertainty

The United Arab Emirates (UAE) has officially exited the Organization of Arab Petroleum Exporting Countries (OAPEC), marking a major shift in its approach to global energy policy. The move was confirmed in a statement...

Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts

Chicago Federal Reserve President Austan Goolsbee has cautioned that recent inflation data presents a challenge for the U.S. central bank, reinforcing a cautious stance on potential interest rate cuts. Speaking in a recent...

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...

Politics

Japan Signals Potential Shift on Arms Exports, Opening Door to Ukraine Support

Japans recent decision to relax its long-standing weapons export restrictions has created a potential pathway for future defense cooperation with Ukraine, according to Kyivs ambassador to Tokyo. While no immediate arms...

Poland Sees No Delays in U.S. Patriot Missile Defense Deliveries Despite Stockpile Concerns

Poland has not received any signals suggesting delays in the delivery of U.S.-made Patriot air defense systems, according to Defence Minister Wladyslaw Kosiniak-Kamysz. His statement comes amid growing concerns across...

Trump Announces “Project Freedom” to Aid Stranded Ships in Strait of Hormuz

U.S. President Donald Trump has unveiled a new humanitarian initiative called Project Freedom, designed to assist neutral commercial vessels stranded in the Strait of Hormuz due to escalating Middle East tensions. The...

Merz Downplays Rift With Trump as U.S. Plans Troop Reduction in Germany

German Chancellor Friedrich Merz has acknowledged policy differences with former U.S. President Donald Trump but emphasized the importance of maintaining strong NATO ties and transatlantic cooperation. Speaking in a...

Taiwan President Lai Defends Global Engagement During Eswatini Visit Amid China Criticism

Taiwan President Lai Ching-te reaffirmed the islands right to engage internationally during a surprise diplomatic visit to Eswatini, pushing back against mounting pressure from China. Speaking to King Mswati III, Lai...

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

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...
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