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Tue, Apr 28, 2026 09:57 AM All times are UTC

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Sony says it has technology for humanoid robots but needs to find usage

Dec 08, 2022 23:43 pm UTC| Business Economy Technology

Sony Group Corp. claimed it has the technology to make humanoid robots quickly but would only invest in manufacturing them once it has identified how they could be effectively used. Hiroaki Kitano, Sonys Chief...

Japanese firm Rapidus to cooperate with Belgium group in chip production, development

Dec 08, 2022 23:42 pm UTC| Business Economy Technology

Japanese semiconductor company Rapidus will collaborate with Belgian research organization Imec, to develop next-generation chips for production in Japan. Rapidus, which was launched last month by eight Japanese...

Chinese tea chain Mixue expands into South Korea, Japan

Dec 08, 2022 23:41 pm UTC| Life Economy Business

Chinese ice cream and tea chain Mixue Bingcheng has expanded to South Korea, in Seouls Dongjak-gu area, and will soon open in Japan ahead of a planned IPO. It is the Dongjak-gu area, where local and Chinese students...

Fortnum & Mason opens in Hong Kong its first travel retail store in Asia

Dec 08, 2022 23:41 pm UTC| Life Economy Business

Fortnum Mason is betting on tourism recovery in Hong Kong by opening a 333 sqft outlet inside Hong Kong International Airport, its first travel retail boutique in Asia. The store, located in the East Hall luxury zone,...

Elon Musk: business leaders should be compassionate – here's the evidence to prove it

Dec 08, 2022 10:55 am UTC| Insights & Views Business

In the month after Elon Musk triumphantly announced his takeover of Twitter with his now famous the bird is freed tweet, he implemented a large-scale cull of the social media platforms global workforce. While Musks...

Electric vehicles: if the UK is serious about being a major player, here's what needs to happen

Dec 08, 2022 10:43 am UTC| Business

The UKs efforts to become a global player in electric vehicles (EVs) are back in the spotlight with two government announcements: a 500 million loan guarantee for Ford and a 73 million package to support various smaller...

SK on, Ford Motor breaks ground in Kentucky for their EV battery joint venture

Dec 08, 2022 10:09 am UTC| Business Economy

SK on Co., Ltd. and Ford Motor Company announced this week they have officially broken ground for the construction of their electric vehicle battery plant in Glendale, Kentucky, U.S.A. the project is part of the companies...

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Economy

BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build

The Bank of Japan (BOJ) held its interest rates steady on Tuesday, but growing internal support for tightening monetary policy highlights increasing concern over inflation pressures, particularly those linked to the...

European Stocks Slip as U.S.-Iran Tensions and Earnings Season Weigh on Markets

European stock markets edged lower on Tuesday as investors adopted a cautious stance ahead of key central bank meetings and a busy week of corporate earnings. Ongoing geopolitical tensions, particularly the stalled...

Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding

Ukraine is under increasing pressure to introduce a value-added tax (VAT) on low-value parcels from abroad as part of efforts to keep its $8.1 billion International Monetary Fund (IMF) program on track. The IMF review...

Gold Prices Drop Amid Iran War Concerns, Rising Oil Costs, and Hawkish Central Bank Signals

Gold prices declined sharply during Asian trading on Tuesday as rising oil prices and hawkish signals from the Bank of Japan (BOJ) heightened concerns about global inflation and interest rate policies. Spot gold fell by 1%...

China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.

The Beijing Auto Show is drawing global attention as it highlights a dramatic shift in the automotive market: electric vehicle (EV) prices in China are significantly lower than in the United States. Intense competition...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Google Secures Pentagon AI Deal for Classified Projects

Alphabets Google has reportedly entered into an agreement with the U.S. Department of Defense to deploy its advanced artificial intelligence models for classified operations, according to a report by The Information citing...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...