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Thu, Feb 19, 2026 05:03 AM All times are UTC

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Hybe Employees Accused of Insider Trading Referred to Prosecution

Jun 01, 2023 10:55 am UTC| Business Economy

A number of Hybe Corporations staff were referred to the prosecution after they were accused of insider trading, which violates the countrys Financial Investment Services and Capital Markets Act. The employees were said to...

Fujitsu, Microsoft Unite: Massive Investment to Enhance Uvance Business, Boosting Sustainability With Cloud Technology

Jun 01, 2023 10:45 am UTC| Nature Economy Business

Fujitsu and Microsoft form a strategic alliance to scale up Fujitsus Uvance business, leveraging Microsofts cloud technologies for sustainable solutions. This partnership aims to drive innovation in sectors like...

Mercedes-Benz Korea Reveals Appointment of New CEO

Jun 01, 2023 10:35 am UTC| Business Economy

Mercedes-Benz Korea announced it has appointed a new chief executive officer to lead the company from this point. The German luxury vehicle maker chose Mathias Vaiti to be the new chief of its office in South Korea. The...

Amazon to Settle Alexa, Ring Privacy Violation with Over $30M Payout

Jun 01, 2023 09:49 am UTC| Business Economy

Amazon Inc. is set to pay more than $30 million to the U.S. Federal Trade Commission (FTC) to settle a case related to its Alexa voice assistant and Ring doorbell cameras. The company was accused of violating privacy laws...

In-N-Out Burger Returns to South Korea, Locals Flock to Seoul Pop-up Store in Record Number

Jun 01, 2023 09:03 am UTC| Business Life Economy

In-N-Out Burger, an American fast-food chain, has finally returned to South Korea. The burger joint enters the Korean market again by opening a pop-up store in Seoul this week. The In-N-Out Burger pop-up store opened on...

LG Electronics, Canada’s Tenstorrent AI Computing Startup Partner for Chips Development

Jun 01, 2023 09:01 am UTC| Business Economy

LG Electronics announced on Wednesday, May 31, that it has teamed up with a Canada-based AI computing startup called Tenstorrent. They will cooperate to develop next-generation chips that may power the formers home...

Posco Holdings, LG Electronics Forge Alliance to Upgrade Factories With AI and Robotics

Jun 01, 2023 05:45 am UTC| Business Economy

Posco Holdings and LG Electronics are partnering to revolutionize their facilities into advanced smart factories, leveraging AI, robotics, and wireless technology. The joint effort aims to improve safety, operational...

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Economy

BOJ Rate Hike to 1% by June in Focus as Inflation and Weak Yen Pressure Mount

The Bank of Japan (BOJ) is increasingly expected to raise its key interest rate to 1% by the end of June, according to a recent Reuters poll of economists. The shift in forecasts reflects growing concerns about rising...

Sanae Takaichi Seeks Market Trust as Japan Weighs Spending and Tax Cuts

Japanese Prime Minister Sanae Takaichi is preparing to defend her proactive fiscal policies as parliament begins deliberations on her flagship spending and tax cut plans next week. While Takaichi has pledged to boost...

RBNZ Signals Potential Interest Rate Hike as Inflation Outlook Remains Uncertain

New Zealands central bank has indicated that the next move in interest rates is likely to be upward, although economic uncertainty continues to cloud the timing. Karen Silk, Assistant Governor of the Reserve Bank of New...

Oil Prices Ease After 4% Surge as U.S.-Iran Tensions and Supply Risks Remain in Focus

Oil prices edged lower during early Asian trading on Thursday, retreating slightly after a sharp 4% rally in the previous session. Investors are closely monitoring rising geopolitical tensions between the United States and...

Asian Markets Rise on Tech Rally as Oil and Gold Hold Firm Amid Fed and Geopolitical Tensions

Asian stock markets advanced on Thursday, buoyed by a renewed rally in U.S. technology shares, while geopolitical tensions between the United States and Iran supported oil prices and sustained safe-haven demand for gold....

Politics

Trump Says U.S. Trade Deficit Shrinking Sharply as 2026 Trade Surplus Looms

U.S. President Donald Trump said Wednesday that Americas trade deficit has narrowed significantly due to his 2025 trade tariffs, adding that the country could post its first trade surplus in decades as early as this year....

Lavrov Warns of Serious Consequences if U.S. Launches New Strike on Iran

Russian Foreign Minister Sergei Lavrov has warned that any new U.S. strike on Iran would trigger serious consequences and further destabilize the Middle East. In an interview aired by Saudi Arabias Al-Arabiya television...

U.S. Military Delegation Visits Venezuela After Maduro’s Arrest in Rare Diplomatic Shift

A senior U.S. military delegation led by General Francis Donovan, the top commander overseeing U.S. forces in Latin America, made a surprise visit to Venezuela on Wednesday, marking a significant development in...

South Korean Court to Deliver Landmark Verdict in Yoon Suk Yeol Insurrection Case

A South Korean court is set to deliver a pivotal ruling on whether former President Yoon Suk Yeol masterminded an insurrection during his controversial attempt to impose martial law in December 2024. The decision by the...

Putin Condemns New U.S. Sanctions on Cuba, Pledges Russian Support

Russian President Vladimir Putin met Cuban Foreign Minister Bruno Rodriguez at the Kremlin on Wednesday, strongly criticizing newly imposed U.S. restrictions on Cuba and reaffirming Moscows support for the island nation....

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Mark Zuckerberg Testifies in Youth Social Media Addiction Trial Over Instagram Policies

Meta Platforms CEO Mark Zuckerberg testified in a landmark Los Angeles trial addressing allegations that Instagram and YouTube contributed to youth social media addiction and harmed a young users mental health. The...

European IT Hardware Stocks to Watch as Gaming Demand Outpaces Smartphones, Says BofA

BofA Researchs February report highlights a clear split in European IT hardware demand trends, with gaming spending significantly outperforming other consumer technology categories while smartphone sales remain under...

Microsoft Plans $50 Billion AI Investment to Accelerate Growth in the Global South

Microsoft has announced plans to invest up to $50 billion by the end of the decade to expand artificial intelligence (AI) infrastructure and digital capabilities across countries in the Global South. The announcement was...

Qualcomm to Invest $150 Million in India AI Startups, Strengthening Presence in Growing Market

Qualcomm (NASDAQ: QCOM) announced on Wednesday that it plans to invest up to $150 million in a new fund dedicated to supporting artificial intelligence startups in India. The move highlights the chipmakers long-term...

Yotta to Build $2 Billion AI Data Centre Hub in India with Nvidia Blackwell Ultra Chips

Indian data centre operator Yotta Data Services has announced plans to invest more than $2 billion to develop one of Asias largest AI computing hubs, powered by Nvidias latest Blackwell Ultra chips. The large-scale AI...