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Thu, Jul 02, 2026 04:40 AM All times are UTC

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Posco International, Daesang join forces for overseas food business collab

Feb 27, 2023 07:07 am UTC| Business Economy

Posco International and Daesang Corporation have come together to cooperate in the food business overseas. The companies signed a memorandum of understanding (MOU) for the partnership that will boost their new...

Bill Gates purchases stake in Heineken brewing firm

Feb 27, 2023 06:20 am UTC| Business Economy

Bill Gates, the famous founder of Microsoft tech company, acquired a stake in Heineken Holding NV. The billionaire purchased a 3.76% stake in the Dutch brewing company headquartered in Amsterdam, Netherlands. Gates...

S. Korea’s LG Uplus to develop open RAN platform tech with Dell to stabilize network operations

Feb 26, 2023 23:50 pm UTC| Technology Economy Business

South Koreas LG Uplus Corp. and global IT giant Dell Technologies will jointly develop an open radio access network (RAN) platform based on interoperability and standardization of elements from different vendors. The...

More S. Korean tech firms incorporating ChatGPT to enhance services

Feb 26, 2023 23:50 pm UTC| Technology Economy Business

South Korean tech companies such as SK Telecom Co., Samsung SDS Co., Gooddoc, and Team Sparta are increasingly incorporating ChatGPT into other services. SK Telecom Co. introduced ChatGPT to its AI chatbot Adot, which...

4 Hyundai Motor Group models earn US safety awards

Feb 26, 2023 23:50 pm UTC| Business Economy Life

Hyundai Motor Group earned four top safety pick awards from the nonprofit US Insurance Institute for Highway Safety (IIHS), further proving the quality of its vehicles. Hyundais Palisade SUV, Kias Telluride SUV, and...

IEA tells energy firms to step up efforts in reducing methane emissions

Feb 26, 2023 23:49 pm UTC| Nature Economy Business

The International Energy Agency (IEA) says that oil and gas companies are not doing enough to cut methane emissions, despite methane cuts being among the cheapest options to limit near-term global warming According to...

GM starts Trax Crossover production in S. Korea to meet rising demand in US

Feb 26, 2023 23:37 pm UTC| Economy Business Life

General Motors Co. has started producing the Chevrolet Trax Crossover at its South Korean plant ahead of its local launch in the first quarter to meet the rising demand for the new vehicle in the US and other...

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Economy

Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report

Asian currencies traded in a narrow range on Thursday as the U.S. dollar remained close to a 13-month high, with investors awaiting the closely watched U.S. nonfarm payrolls report for fresh clues on the Federal Reserves...

US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms

The U.S. labor market is expected to remain resilient in June, although hiring likely slowed from the strong pace recorded over the previous three months. Economists forecast that the upcoming nonfarm payrolls report will...

Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert

Japan is shifting its foreign exchange strategy by abandoning its long-standing practice of warning markets before intervening, opting instead for a more unpredictable approach aimed at catching speculators off guard and...

Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May

Australia recorded an unexpected trade deficit in May after stronger import growth outpaced solid gains in exports, signaling a shift in the countrys trade performance and raising concerns about second-quarter economic...

US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus

U.S. stock index futures traded little changed late Wednesday after Wall Street ended a volatile session lower, as investors looked ahead to the closely watched June nonfarm payrolls report for fresh signals on the Federal...

Politics

EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report

Europes semiconductor industry faces mounting challenges from Chinese export controls, heavy reliance on U.S. technology, and persistent structural weaknesses, leaving the region with a difficult outlook unless it...

NRC Proposes Radiation Rule Changes to Boost U.S. Nuclear Power Expansion Under Trump

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday unveiled a proposal to revise long-standing radiation protection rules, a move that aligns with the Trump administrations broader strategy to accelerate nuclear...

Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal

U.S. President Donald Trump declared on Wednesday that the United States will not allow China to take control of the Panama Canal, underscoring Washingtons continued focus on one of the worlds most strategically important...

US Envoy Urges Taiwan to Build ‘Hornet’s Nest’ Drone Defense Against China

Taiwan should rapidly expand its drone capabilities to strengthen deterrence against potential conflict with China, the top U.S. representative to the island said on Thursday, underscoring growing support for Taipeis...

Trump Dedicates Theodore Roosevelt Museum, Unveils New Air Force One Ahead of America’s 250th Anniversary

President Donald Trump on Wednesday dedicated the Theodore Roosevelt Presidential Library in North Dakota, celebrating the legacy of the 26th U.S. president while tying Roosevelts leadership and patriotism to his own...

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

Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch has reportedly launched a private funding round led by venture capital giant Andreessen Horowitz, aiming to raise approximately $2 billion in fresh capital at a valuation approaching $50...

ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says

Indias ShareChat is preparing for a potential initial public offering (IPO) next year that could raise up to $400 million, according to a Bloomberg News report citing the companys chief financial officer. The move would...

Trump Administration to Launch Voluntary AI Standards for Frontier Models

The Trump administration is preparing to introduce a new set of voluntary standards for advanced artificial intelligence models as early as next week, according to a Financial Times report. The move is expected to provide...

Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain

Apple Inc. is reportedly in advanced discussions to source memory chips from Chinese semiconductor makers ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Co. (YMTC), as the company works to secure...

Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google

Meta Platforms (NASDAQ: META) surged 8.8% on Wednesday after a Bloomberg report revealed the company is preparing to enter the cloud infrastructure market by offering excess artificial intelligence (AI) computing capacity...