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Biden Faces Congressional Backlash Over EV Transition, Concerns Over China Rise

Feb 29, 2024 04:32 am UTC| Technology

Representative Mike Simpson of the United States has joined the nearly 140 other senators and representatives who have urged President Joe Biden to terminate electric vehicle transition objectives. Congressional Critics...

Xiaomi CEO Reacts with Shock to Apple's EV Project Shutdown, Pledges Continued Development

Feb 29, 2024 03:40 am UTC| Technology

Unlike Chinas ambitious EV competitors, Apples decision to abandon its plan to manufacture electric vehicles has sparked debate among the founders of Xiaomi, Li Auto, and Xpeng. Xiaomi CEO Lei Taken Aback By Apples EV...

Tesla Targets Next Year for Roadster Release, Elon Musk Rekindles Hype Amid Delays

Feb 28, 2024 13:49 pm UTC| Technology

On Wednesday, Elon Musk, CEO of the electric vehicle manufacturer Tesla, stated that the company intends to dispatch its Roadster electric sports car within the next year. Tesla Roadsters Final Design to Be Unveiled...

Samsung Galaxy Z Fold 6 Design Leaked Ahead of Anticipated July Release

Feb 28, 2024 13:30 pm UTC| Technology

The new foldable phones from Samsung are not anticipated to be released until July or August. A seasoned leaker has now unveiled the complete design of the Galaxy Z Fold 6. Samsung Galaxy Z Fold 6 Renders...

Xiaomi Announces HyperOS Update Timeline: Check if Your Device Is Listed

Feb 28, 2024 10:58 am UTC| Technology

A notable feature of the Xiaomi 14 series is incorporating the innovative HyperOS software experience. HyperOS serves as a cohesive brand identity for the entirety of Xiaomis ecosystem, and it represents a discernible...

GoTo and TikTok Nearing Full Compliance with Indonesia's Trade Regulations

Feb 28, 2024 10:21 am UTC| Business Technology

In a strategic pivot set to redefine Indonesias e-commerce landscape, GoTo Gojek Tokopedia (GoTo), in partnership with ByteDances TikTok Shop, is on the verge of complete regulatory alignment under Indonesias e-commerce...

Google Funds AI News Articles Amid Gemini's Rise: Evolution or Ethical Dilemma?

Feb 28, 2024 09:00 am UTC| Technology

When used appropriately, generative AI is a phenomenal instrument; however, a significant concern is that it could be exploited to inundate the internet with articles. Notwithstanding this, Google reportedly remunerates...

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Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

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

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...