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Wed, May 06, 2026 04:10 AM All times are UTC

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Posco to Advance Innovilt Brand to Reach Sales Target

May 09, 2020 06:09 am UTC| Business

South Korean steel giant Posco would advance its new construction steel brand, Innovilt, as its next-generation product hopes to reach its sales goal of 14 million tons by 2030. The steelmaker had sold about 4 million...

S. Korea's FX Reserves Climb Up in April to US$404-B

May 09, 2020 06:09 am UTC| Business

South Koreas foreign exchange (FX) reserves rebounded to US$403.98 billion in April, up by $3.77 billion surge from a month earlier due to increased returns from its assets. The on-month gain was preceded by a steep...

Hyundai Department Store Suffers 64.4% Net Profit Dip in Q1

May 09, 2020 06:07 am UTC| Business

Hyundai Department Store Co. reported plummeting net profits of 23.9 billion won in its first-quarter, down 64.4 percent from last year. Its operating profits werent better, dipping to 14.9 billion won, down 80.2...

KEPCO Devises Large-Capacity Battery Using Manganese

May 09, 2020 06:07 am UTC| Business

The Korea Electric Power Corporation (KEPCO) has formulated a cheaper and safer large-capacity secondary battery that uses manganese oxides as a positive material. The usual positive material used is the intercalated...

Donald Trump promises to give an update on U.S.-China deal next week

May 08, 2020 02:00 am UTC| Politics Business

President Donald Trump is putting pressure on China to fulfill its commitment in the phase-one of the trade agreement inked earlier this year. The president threatened to terminate the agreement unless China adheres to the...

Entrepreneur, Investor and Venture Capitalist Ron Bauer Explains How to Create a Winning Pitch Deck Presentation

May 07, 2020 21:52 pm UTC| Business

For many entrepreneurs, the most vital component in the success of their business is not necessarily customers, market share, or profitability, it is capital. While their pitch deck is an essential piece of the puzzle: it...

Free-to-Play Games to Generate $88.7 Billion in 2020

May 07, 2020 21:51 pm UTC| Business

The incredible success of free-to-play games seems set to continue this year. There is a huge selection of titles that run from Call of Duty: Mobile and Fortnite to Clash of Clans, Candy Crush Saga and PUBG, as well as...

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Economy

Gold Prices Rise as Weak Dollar and Lower Oil Prices Boost Safe-Haven Demand

Gold prices climbed during Asian trading on Wednesday as a softer U.S. dollar and declining oil prices supported investor demand for the precious metal. Market sentiment improved after signs of easing tensions in the...

Wall Street Futures Climb as Trump Signals Iran Deal Progress

U.S. stock index futures moved higher Tuesday night after President Donald Trump announced a temporary pause in Operation Freedom, a military initiative aimed at reopening the Strait of Hormuz. Investors reacted positively...

Oil Prices Slide as Middle East Tensions Ease and U.S. Crude Inventories Shrink

Oil prices continued to decline during Asian trading on Wednesday as improving geopolitical sentiment in the Middle East reduced fears of supply disruptions, while traders also evaluated fresh data showing a sharp drop in...

China Services PMI Rises in April Despite Weak Export Demand

Chinas services sector expanded at a faster pace in April, supported by stronger domestic demand and rising new business activity, according to a private survey released Wednesday. The latest data highlights the mixed...

Copper Prices Hold Near Three-Week Low Amid Strong Dollar and Global Slowdown Fears

London copper prices stabilized on Tuesday after earlier slipping to a three-week low, as market sentiment remained pressured by a strengthening U.S. dollar and growing concerns over a potential global economic slowdown....

Politics

Rubio Signals Possible U.S. Action on Cuba, Calls Current Situation “Unacceptable”

U.S. Secretary of State Marco Rubio said Tuesday that the current situation in Cuba is unacceptable, signaling that the United States intends to address ongoing concerns involving the island nation in the future. Speaking...

Lula and Trump to Discuss Brazil-U.S. Anti-Crime Partnership During Washington Meeting

Brazilian President Luiz Inacio Lula da Silva is expected to prioritize security cooperation and organized crime prevention during his upcoming meeting with U.S. President Donald Trump in Washington this week. According to...

Trump Pauses Strait of Hormuz Shipping Operation as Iran Deal Nears

U.S. President Donald Trump announced Tuesday that the United States will temporarily pause Project Freedom, the military operation aimed at restoring commercial shipping through the Strait of Hormuz, as Washington moves...

NATO Tensions Rise as Trump Reduces U.S. Troops in Germany

European leaders are intensifying diplomatic efforts to keep the United States committed to NATO as tensions escalate following President Donald Trumps controversial decision to withdraw 5,000 U.S. troops from Germany....

Dominican Republic Halts GoldQuest Mining Project Amid Environmental Protests

The Dominican Republic has ordered the suspension of all activities tied to GoldQuest Minings proposed gold and copper development, following large-scale protests driven by environmental concerns. President Luis Abinader...

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

AMD Q1 Earnings Surge on AI Demand, Stock Jumps After Strong Guidance

AMD delivered stronger-than-expected first-quarter 2026 earnings, fueled by booming demand for artificial intelligence infrastructure and data center chips. The semiconductor giant reported adjusted earnings of $1.37 per...

Agentic AI Boom to Drive Massive Growth in CPU Market, UBS Says

The rapid rise of agentic AI is reshaping the future of data center infrastructure, creating major growth opportunities for CPU manufacturers such as Arm Holdings, AMD, and Intel. According to UBS analyst Timothy Arcuri,...

Supermicro Forecasts Strong Q4 Revenue Growth as AI Server Demand Surges

Super Micro Computer (NASDAQ: SMCI) projected fourth-quarter fiscal 2026 revenue above Wall Street expectations, driven by continued growth in artificial intelligence infrastructure and strong demand for data center...

Samsung Surpasses $1 Trillion Market Cap Amid AI Chip Boom and Apple Partnership Talks

Samsung Electronics has officially crossed the $1 trillion market valuation milestone for the first time, fueled by soaring demand for AI memory chips and growing speculation about potential partnerships with Apple and...

Intel Emerges as Key Contender in Apple’s Chip Manufacturing Strategy Shift

Apple Inc. (NASDAQ: AAPL) is reportedly exploring new partnerships with Intel Corp. (NASDAQ: INTC) and Samsung Electronics (KS: 005930) to manufacture its main processors, signaling a potential shift in its long-standing...