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Hyundai to hasten construction of $5.5 billion electric car plant to qualify for tax credits

Oct 28, 2022 23:52 pm UTC| Business Economy

Hyundai Motor Group will speed up the construction of a massive new manufacturing project in Georgia to avail of new federal tax credits for electric vehicles next year. A significant share of the battery components...

Taiwan seeks EU trade deal talks, sees ‘enormous potential’

Oct 28, 2022 23:52 pm UTC| Economy Business

Taiwan sought trade deal talks with the European Union while touting its leading position in the chip sector. President Tsai Ing-wen said at an EU investment forum in Taipei that the restructuring of global supply...

Target to sell Marks & Spencer items this holiday season

Oct 28, 2022 23:52 pm UTC| Life Economy Business

Target will temporarily sell Marks Spencers signature food and beverage products at its stores and on Target.com just in time for the holidays. The two retailers say that 15 products will be offered in exquisite and...

Warner Bros partners with Infinite Reality for immersive sports digital experiences

Oct 28, 2022 23:51 pm UTC| Sports Technology Business Economy

Warner Bros Discovery Sports (WBD Sports) is partnering with Infinite Reality to create Web 3.0 and metaverse technology-powered immersive sports digital experiences. The deal sees metaverse specialist Infinite Reality...

Atlanta Hawks expand partnership with JP Morgan Chase

Oct 28, 2022 23:42 pm UTC| Sports Economy Business

The Atlanta Hawks and their State Farm Arena made JPMorgan Chase their official bank, credit card, wealth management, and investment banking partner. The multi-year deal expansion will allow Chase to increase its...

Kanye West says he lost $2 billion in one day after Adidas, Balenciaga, Gap severed ties

Oct 28, 2022 23:36 pm UTC| Economy Business Life

Kanye West claimed he lost $2 billion in a day after Adidas, Gap, Balenciaga, and Vogue cut ties with him due to his hateful and dangerous comments and behavior. Among his comments was going death con 3 on Jewish...

Many British adults ashamed to go to work for lack of soap, deodorant

Oct 28, 2022 23:32 pm UTC| Health Economy Business

With 3.2 million British adults in hygiene poverty, many are ashamed to go to work because they cannot afford soap and deodorant. Hygiene Bank, which conducted the research with YouGov, revealed that 12 percent of the...

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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

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 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...
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