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Thu, Dec 25, 2025 01:46 AM All times are UTC

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Curbs on press freedom come with a cost, new research reveals

Apr 06, 2021 00:28 am UTC| Economy Life

The importance of a free press to a thriving democracy is well-known. But what is its importance to a thriving economy? We have found evidence attacks on press freedom such as jailing journalists, raiding their homes,...

Malaysia luring more foreign investment this year after a 68% decline in 2020

Apr 05, 2021 23:05 pm UTC| Economy

Malaysia would offer more incentives to attract more foreign direct investment (FDI) including intangibles like research and development this year after a 68 percent decline in 2020. According to finance minister Tengku...

Delta Air Lines calls off more than 100 flights due to staff shortages

Apr 05, 2021 11:05 am UTC| Business Economy

Delta Air Lines offers excellent service and always on schedule but recently, it has to cancel over 100 flights citing staff shortages. Why Delta had to call off flights The company stated it had more than one...

Kakao Entertainment to acquire US web novel platform Radish Fiction

Apr 05, 2021 10:03 am UTC| Business Economy

Kakao Entertainment is making its moves to acquire Radish Fiction, an English web novel platform that was founded in late 2015. It is one of the top five fiction apps in the U.S. today in terms of sales. KaKao confirms...

LG Electronics announces decision to close its mobile business

Apr 05, 2021 09:55 am UTC| Business Economy

LG Electronics said earlier this year that it has plans to stop producing and selling smartphones. At that time, the company stated it is considering all options for its mobile business because it is not making money...

Hybe acquires Ithaca Holdings; BTS, Justin Bieber, and Ariana Grande together under one roof

Apr 05, 2021 05:43 am UTC| Business Economy

Hybe is a South Korean entertainment label that was formerly known as Big Hit Entertainment, the home of the world-famous BTS boy band. It is expanding and slowly making its way to be a global company by acquiring the...

A better deal for Uber drivers in UK, but Australia's ‘gig workers' must wait

Apr 04, 2021 10:37 am UTC| Economy

Ubers announcement earlier this month it will now treat its drivers in the United Kingdom as workers rather than independent contractors is a significant development for the so-called gig economy. It follows Uber losing...

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Economy

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

Japan is preparing to issue new government bonds worth approximately $189 billion to help finance a record-breaking national budget for the next fiscal year, according to a draft budget reviewed by Reuters. The move...

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...

Politics

Kim Jong Un Oversees Missile Test Amid Rising Korean Peninsula Tensions

North Korean leader Kim Jong Un has overseen the test-firing of long-range surface-to-air missiles near the countrys east coast, according to a report by state media outlet KCNA. The missile test, conducted on Wednesday...

U.S. Urges Acceptance of Honduras Election Results as Nasry Asfura Declared President-Elect

The administration of U.S. President Donald Trump has called on all political actors in Honduras to accept the official outcome of the countrys recent presidential election, following the declaration of victory for Nasry...

Global Backlash Grows Over Israel’s Approval of New West Bank Settlements

Several countries, including Britain, Canada, Germany, and a number of European and Asian nations, have strongly condemned Israels recent decision to approve 19 new settlements in the occupied West Bank, warning that the...

Israel Advances Controversial Inquiry Bill Into October 7 Hamas Attack Amid Public Backlash

Israels parliament has given initial approval to a controversial bill that would allow the government to control an inquiry into the October 7, 2023 Hamas attack, a move that has intensified political tensions and drawn...

Anutin Charnvirakul Named Bhumjaithai PM Candidate Ahead of Thailand’s February Election

Thailands caretaker prime minister Anutin Charnvirakul has been officially selected by the Bhumjaithai Party as its candidate for prime minister in the upcoming general election scheduled for February 8. The decision comes...

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

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

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...