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Wed, Dec 24, 2025 03:41 AM All times are UTC

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S. Korea's public golf courses push operating profits 40% on the back of golf boom

Jan 22, 2022 22:32 pm UTC| Sports Economy Business

South Korean public golf courses pushed their operating profits to an all-time high of 40.5 percent as they hiked their green fees 19 percent from a year ago, stirring up resentment among golfers that have swelled to 46.7...

UFC collaborates with Dapper Labs for NFT marketplace

Jan 22, 2022 22:31 pm UTC| Sports Digital Currency Economy

The Ultimate Fighting Championship (UFC) has launched the Strike non-fungible token (NFT) marketplace in collaboration with blockchain technologies company Dapper Labs. Profits from the NFTs, priced at US$50 each, will...

Japan's Supreme Court favors website owner over nonconsensual bitcoin mining case

Jan 22, 2022 17:29 pm UTC| Law Economy Digital Currency

Japans Supreme Court absolved web designer Seiya Moroi, 34, of using cryptocurrency mining software Coinhive on unsuspecting visitors to his website after a four-year legal battle. According to the Supreme Court, there...

Ministop joins French fry war in Japan with larger Bucket Potato as McDonald's reel from potato shortage

Jan 22, 2022 14:05 pm UTC| Economy Business

Ministop has joined the French fries war in Japan by offering its Bucket Potato, which has three times the amount of their X Fried Potatoes for 641 yen. A regular-sized order of Ministops X Fried Potatoes costs 213 yen,...

S. Korea's Hanmi, Celltrion, and Dongbang to produce Merck’s COVID-19 pill

Jan 21, 2022 23:18 pm UTC| Economy Business

South Koreas Hanmi Pharm Co., Celltrion Inc., and Dongbang FTL were among 27 drugmakers chosen to produce low-cost versions of Merck Co.s COVID-19 pill molnupiravir for low- and-middle-income countries. The Medicines...

S. Korean scientists develop protein absorbent that collects rare earth elements from steel slag

Jan 21, 2022 23:17 pm UTC| Science Economy

A Gwangju Institute of Science and Technology research team has developed a protein absorbent that can collect rare earth elements from steel slag, an industrial by-product. The research team succeeded in selectively...

Coca-Cola to capitalize on Africa's strong demand for energy drinks

Jan 21, 2022 22:19 pm UTC| Economy Business

Coca-Cola Beverages Africa (CCBA) plans to consolidate in Africa and to capitalize on the continents strong demand for energy drinks, which is the fastest-growing beverage category. Jacques Vermeulen, the CCBA CEO, sees...

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Economy

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

Spot gold surged past the key psychological level of $4,500 per ounce for the first time on Wednesday, marking a historic milestone for the precious metal and reinforcing its status as a preferred safe-haven asset. The...

Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs

Asian shares edged higher on Wednesday, rounding off a strong finish to 2025 as artificial intelligence-driven optimism continued to fuel global equity markets. The positive momentum followed an overnight rally on Wall...

U.S. Stock Index Futures Steady After S&P 500 Hits Record on Strong Economic Data

U.S. stock index futures were little changed on Tuesday evening following a record-setting close for the SP 500, as stronger-than-expected economic growth data continued to bolster confidence in the U.S. economy. Market...

Oil Prices Edge Higher as Strong U.S. Growth and Supply Risks Support Market

Oil prices recorded modest gains on Wednesday, extending a rally from earlier in the week as strong U.S. economic data and ongoing geopolitical risks supported market sentiment. Brent crude futures rose 4 cents, or 0.06%,...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...