Nintendo Switch’s quarterly sales drop as demand for the console weakens
Aug 06, 2021 07:37 am UTC| Business Economy
Nintendo Co. Ltd. reported a drop in sales for the first quarter of this year. It was said that this was due to the fact that the demand for its Switch console has dwindled. According to Reuters, Nintendo shared on...
Millions of dehumidifiers including Whirlpool, Haier recalled over fire and burn hazards
Aug 06, 2021 06:23 am UTC| Business Economy
A new recall notice was issued by the U.S. Consumer Product Safety Commission concerning dehumidifiers. It was reported that around two million units of almost two dozen brands have been recalled due to potential...
Chinese state-owned carmaker FAW gearing up to compete in the Japanese market
Aug 05, 2021 23:55 pm UTC| Economy Business
Chinese state-owned automaker China FAW Group Corp. has released the Hongqi H9 sedan in Japan in gas-powered and hybrid versions to make inroads in the countrys unconquerable market. According to an import agency, 10...
Sony upgrades net profit forecast on strong Q1 performance
Aug 05, 2021 23:55 pm UTC| Economy Business
The Sony Group upgraded its full-year net profit forecast from its earlier estimate of 660 billion yen to 700 billion yen or $6.4 billion on the back of strong second-quarter performance that offset a first-quarter profit...
Number of S. Korea's MLM firms dwindles in 2020 amid pandemic
Aug 05, 2021 23:54 pm UTC| Economy Business
South Koreas number of multi-level marketing (MLM) firms dropped to 122 in 2020 from 130 a year earlier, representing a turnaround from the uptrend in the wake of the pandemic, according to the Fair Trade Commission...
NH NongHyup asks Bithumb, Coinone to halt deposit, withdrawal services
Aug 05, 2021 23:54 pm UTC| Digital Currency Economy
South Koreas NH NongHyup Bank has asked two major cryptocurrency exchanges Bithumb and Coinone to halt deposit and withdrawal services until they adopt stronger money laundering regulations. A Bithumb official said the...
Dutch pension fund APG urges S. Korea to scrap coal power projects
Aug 05, 2021 23:51 pm UTC| Economy Business
Amsterdam-based APG Asset Management warned the South Korean government that its failure to scrap coal-fired power plant projects is a significant risk factor to its investment in the country. The subsidiary of Dutch...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects