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Forget the medals, the real game of the Olympics is soft power — and the opening ceremony is key

Jul 24, 2021 05:32 am UTC| Sports

The Olympic Games are often hailed as a neutral celebration of athletic achievement. The Olympic Games are not about politics, wrote the International Olympic Committee president, Thomas Bach, in the Guardian last...

Surfing makes its Olympic debut – and the waves should be world-class thanks to wind, sand and a typhoon or two

Jul 24, 2021 05:15 am UTC| Sports

For the first time, surfing is on the Olympic stage. The surfing event will last for three days and has to run within the dates from July 25 to August 1. The reason for this window? Not all waves are created equal, and...

Tokyo Olympics: winning could become about managing COVID stress

Jul 24, 2021 05:11 am UTC| Sports

Olympism, the 19th-century philosophy of the modern Olympic Games, can be summed up as making the world better through sport. At its heart lie three values: excellence, friendship and respect. While encouraging people to...

Wavve to air Olympics to catch up with Netflix in S.Korea

Jul 23, 2021 23:53 pm UTC| Economy Sports

South Korean video streaming service Wavve is eyeing to boost its user base this summer by airing the Tokyo Olympics and catch up to market leader Netflix Inc. The Tokyo Olympics, which officially kick off Friday, may...

S. Korea's F&F to invest $350.5 million in TaylorMade Golf buyout

Jul 21, 2021 23:43 pm UTC| Sports Economy

South Korean clothing company FF is investing $350.5 million in subordinated equities and mezzanine instruments to back a proposed $1.8 billion private equity firm-led 100 percent acquisition of California-based golf...

S. Korean food firms boost offerings at golf courses

Jul 20, 2021 23:10 pm UTC| Sports Economy

South Korean food firms such as Ourhome Co., Shinsegae Food Inc., and Seoul Jangsoo Co. have been boosting their offerings at golf courses, which have been enjoying a boom since the coronavirus outbreak. Ourhome Co., in...

Lack of spectators, worries of virus spread dash Olympic promo hopes of sporting goods makers' like Asics

Jul 19, 2021 23:51 pm UTC| Economy Sports

Japans major sporting goods makers, such as Asics, have mostly given up on plans to use the Tokyo Olympics to promote their brands due to the lack of spectators at most stadiums and worries about spreading the...

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Economy

Asian Currencies Slip as Dollar Rebounds on Iran Sanctions

Asian currencies slipped on Tuesday as the U.S. dollar staged a modest rebound, with investors weighing expanded U.S. sanctions on Iran, elevated Treasury yields and upcoming Federal Reserve policy signals. The U.S. Dollar...

Asian Stocks Slip Ahead of Nvidia Earnings and US Inflation Data

Asian stocks mostly fell Tuesday as technology shares came under renewed pressure, while geopolitical uncertainty and upcoming U.S. economic data encouraged investors to reduce risk. The MSCI AC Asia Pacific index dropped...

Fed Chair Warsh to Speak at Pivotal Jackson Hole Symposium Amidst Economic Headwinds

With Federal Reserve Chair Kevin Warsh presenting the opening speech on August 28, the approaching Jackson Hole Economic Policy Symposium set for August 2729 promises to be a major event in world economics. Renowned for...

US-Canada Tariff War Escalates With 50% Auto Duties

The U.S.-Canada trade war has intensified since President Donald Trump returned to office in January 2025, disrupting decades of economic cooperation and hitting industries including steel, aluminum, automobiles, lumber...

Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears

Unitree shares have plunged about 45% from their post-IPO highs, raising concerns about a potential robotics stock bubble, retail investor losses and weaknesses in Chinas listing system. The Chinese humanoid robot maker...

Politics

Zelenskiy Sees U.S. Mediation Window for Ukraine Peace Through Summer 2027

Ukrainian President Volodymyr Zelenskiy believes there is a window for U.S.-led mediation to help end the Russia-Ukraine war by the end of summer 2027, as Kyiv works with American and European officials on a new peace...

Iran Vows Retaliation as U.S. Expands Sanctions Pressure

Iran has vowed to retaliate against expanded U.S. sanctions aimed at restricting Tehrans access to the global economy, while expressing confidence that major trading partners, including China and Russia, will resist...

UK, France Pledge Stronger Military Support for Ukraine

Britain and France pledged stronger military support for Ukraine on Monday, including faster air defence deliveries and access to classified missile technology, as Kyiv marked the 35th anniversary of its independence....

Pakistan, Iran Report Progress in Talks to End U.S.-Israeli War

Pakistan and Iran have reported significant progress in diplomatic talks aimed at preventing further escalation in the U.S.-Israeli war on Iran and finding a path toward a negotiated end to the conflict. Pakistans Interior...

New Zealand Labour Backs Social Media Ban for Under-16s

New Zealands main opposition Labour Party said Tuesday it will support a proposed social media ban for children under 16, giving Prime Minister Christopher Luxon a potential path to advance the legislation despite...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Google Expands Gemini Enterprise With AI Tools for Legal Sector

Google has expanded its Gemini Enterprise artificial intelligence platform with new tools designed for lawyers and law firms, intensifying competition among major technology companies seeking a larger share of the growing...

Luxshare Shares Rise as First-Half Profit Jumps 18%

Luxshare Precision Industry shares gained on Monday after the major Apple supplier reported strong first-half earnings and projected double-digit profit growth for the first nine months of the year, supported by expanding...

Nvidia Options Price in $280 Billion Earnings Swing

Nvidia options traders are preparing for a potentially massive market reaction when the AI chip giant reports second-quarter earnings on Wednesday, with derivatives pricing suggesting a roughly $280 billion shift in the...

SK Hynix Shares Fall as Workers Reject Wage Deal

SK Hynix shares declined on Tuesday after union members narrowly voted against a tentative wage agreement, forcing the South Korean chipmaker and its workers to return to negotiations over pay and performance incentives....

Trump Buys SpaceX Shares After Record IPO

President Donald Trump purchased between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure signed on August 12 and released Friday. The SpaceX investment was one of more than 1,000...
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