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Investors who trust ESG funds for a positive impact have a crucial blind spot, and it puts the $35 trillion industry's promises in doubt

Nov 13, 2021 08:01 am UTC| Investing Economy

If you own stocks, chances are good you have heard the term ESG. It stands for environmental, social and governance, and its a way to laud corporate leaders who take sustainability including climate change and social...

Digital Currency Revolution

What is Bitcoin's fundamental value?

Nov 13, 2021 07:44 am UTC| Digital Currency Investing

As it hits new highs, there is no shortage of bold predictions about Bitcoin reaching US$100,000 or more. Often these are based on not much more than extrapolations by people with vested interests: the price has gone up...

Coffeebanhada of the robot barista fame seeks investors for expansion

Aug 30, 2021 18:31 pm UTC| Economy Investing

South Korean budget coffee chain operator Coffeebanhada is seeking to attract investment from private equity funds and strategic investors to fund its expansion from 170 unmanned cafes to 1,428 by 2025. Coffeebanhada,...

Hyundai Mobis to invest 1.32 trillion won in hydrogen fuel-cell plants in Incheon, Ulsan

Aug 19, 2021 23:31 pm UTC| Business Economy Investing

Hyundai Mobis Co. will invest 1.32 trillion won in two local hydrogen fuel-cell plants in Incheon and Ulsan by 2025. The projects are a hydrogen fuel-cell stack plant in Incheon and a hydrogen fuel-cell systems assembly...

S. Korean investors losing appetite for Tesla stocks

Aug 17, 2021 08:04 am UTC| Economy Investing

While South Korean investors made Tesla a top pick among US-listed stocks with combined holdings of $9.7 billion as of Aug. 10, many had begun selling off shares in the worlds largest electric car maker in June while...

Korea Investment Corp. divests all Alibaba stakes, unsure of investments in other Chinese tech stocks

Aug 13, 2021 23:25 pm UTC| Economy Investing

Korea Investment Corp. divested its entire of 2.9 million shares worth $221.5 million in Alibaba Group Holding during the second quarter of this year. The sovereign wealth fund also had mixed positions toward US-listed...

Bukalapak pulls off Indonesia's biggest-ever IPO

Aug 07, 2021 13:37 pm UTC| Economy Investing

Jakarta-based e-commerce company Bukalapak pulled off Indonesias biggest initial public offering on the Indonesian Stock Exchange, raising about $1.5 billion. With shares priced at about $0.06, it shot up nearly 25...

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Economy

South Korea's kimchi exports reach $159.9 million in 2021 to register trade surplus for first time in 12 years

South Koreas kimchi exports last year reached US$159.9 million, up by 10.7 percent from the previous year, sustaining the increase for the past six years, according to Korea Customs Service. With last years kimchi...

Adidas puts up floating tennis court in Great Barrier Reef to raise awareness on ocean pollution

Adidas built a giant, floating tennis court made of recyclable plastic materials just off the coast of Australia to raise awareness against the dumping of plastic in the worlds oceans. The full-size court, built on a...

Nike, Rolex, Hermès post highest resale value gains in 2021

Brands like Nike, Rolex, Bottega Veneta, Chrome Hearts, and Hermès were the top five brands with the biggest resale value gains in 2021, according to The RealReals 2022 Luxury Consignment Report. The annual...

Burger King releases sandwich ads without product pictures to emphasize freshness

Burger King released print and outdoor ads in Germany promoting the Whopper, Kings Beef, and plant-based Long Chicken with no product shots beneath the names to promote the fact that its sandwiches are freshly made when...

American, Delta, United, and Southwest airlines warn 5G could ground some planes and wreak havoc

The CEOs of major US air carriers warned of a catastrophic aviation crisis in less than 36 hours upon ATT and Verizons deployment of C-Band 5G service set to begin on Wednesday. The carriers, including American...

Politics

Russia-Ukraine conflict: US Secretary of State warns Russia could launch attack on short notice

The US is continuing diplomatic efforts to scale down the tensions between Russia and Ukraine. US Secretary of State Antony Blinken warned during his visit to Kyiv that Russia may decide to launch an attack on short...

Nancy Pelosi says those who support the filibuster 'dishonor' MLK's legacy

Voting rights are the main agenda in Congress as Democratic lawmakers seek to pass the voting rights bills in the midst of Republican opposition. House Speaker Nancy Pelosi recently ripped into those who support the Senate...

Joe Biden makes 400 million N95 masks available for free

Following the ruling by the Supreme Court against vaccine mandates, US President Joe Biden and his administration are resorting to other options to help curb the spread of COVID-19. The Biden administration is set to make...

Kamala Harris reiterates importance of voting rights legislation in MLK Day speech

This week, Vice President Kamala Harris delivered remarks in honor of Dr. Martin Luther King, Jr. Day. In her speech, Harris reiterated the importance of passing voting rights legislation. Speaking virtually from...

Science

Duke University study reveals gastrointestinal tract distinguishes between Coke Original and Coke Zero

Duke University researchers revealed that the gastrointestinal tract, and not the tongue, distinguishes between Coca-Cola Original and Coca-Cola Zero Sugar. According to their published study, neuropod cells in the...

Keio University doctors use iPS-derived cells to treat spinal cord injury

Keio University researchers have successfully transplanted into a patient with a severe spinal cord injury two million neural progenitor cells derived from other peoples iPS cells as part of a clinical study, offering hope...

Virtual moon landing experience offered at Tottori Sand Dunes

Tokyo-based Amulapo, Inc. is offering a tour at the Tottori Sand Dunes for experiencing a simulated landing on the lunar surface for up to 20 participants on Saturday nights until the end of March, during good...

Unilever calls for better plant-based diet through public health strategies

Unilever scientists are prompting public health officials to facilitate the transition to a balanced diet with more diverse nutrient-dense plant foods through consumer education, food fortification, and...

IBS develops photocatalyst that converts carbon dioxide to hydrocarbon

The Institute for Basic Science (IBS) has developed a photocatalyst that converts carbon dioxide into useful hydrocarbon energy. The study was done in collaboration with the Daegu Gyeongbuk Institute of Science and...

Technology

‘Pokémon Legends: Arceus’ suffers massive leak with more than a week before launch

Pokémon Legends: Arceus is currently trending on various online platforms, but not for the reason that Nintendo would like. The game has suffered massive leaks over the last day, leading to the early revelation of...

Apple to reportedly launch an M2-powered MacBook Pro in late 2022

A new MacBook Pro is reportedly one of the Mac devices Apple plans to launch later this year. And it is expected to be one of the first Apple computers to ship with the new M2 chip. Apple fans will find three models of...

‘Elden Ring’ leaked videos reveal more terrifying NPCs

There is only a little more than a month left before Elden Ring officially arrives, but that does not stop the release of gameplay video leaks online. Recently, a YouTube channel has been pumping out videos from an early...

Samsung Galaxy S22 Ultra might offer a faster charging rate

Samsung will likely announce the Galaxy S22 series in a few weeks, so it is not surprising that more details about the Galaxy S22 Ultra have already leaked. And a new report indicates the high-end smartphone model will...
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