Menu

Search

Samsung’s heir Lee Jae Yong granted special pardon to help revive the South Korean economy

Aug 15, 2022 07:47 am UTC| Business Economy

Samsungs heir and de facto leader have finally been granted a special pardon by the current president of South Korea. On Friday, it was reported that Lee Jae Yong will now have more freedom in running his familys company...

Market Kurly enters Singapore’s grocery market via partnership with RedMart

Aug 15, 2022 07:28 am UTC| Business Economy

Market Kurly has teamed up with RedMart, a Singaporean online grocery chain firm, to sell Korean food items in Singapore. The partnership is also a strategic move from the South Korean online premium grocery service...

Burger King offers Ice Whopper in Japan

Aug 13, 2022 23:46 pm UTC| Life Economy Business

Burger King is serving customers with the worlds first Ice Whopper at a special summer beachside pop-up shop in Hayama-cho, Miura-gun, Kanagawa Prefecture. The Ice Whopper is part of the new limited-time-only Natsukoi...

Japanese IT firms recruiting Ukrainians to aid war-torn nation

Aug 13, 2022 23:46 pm UTC| Economy Business Technology

Some Japanese information technology companies are employing Ukrainian workers to support them as their nation grapples with the war against Russia. Ukraine is dubbed Eastern Europes Silicon Valley for its abundance of...

French Football Federation signs Konami as official football video game partner.

Aug 13, 2022 23:45 pm UTC| Sports Life Economy Business

The French Football Federation (FFF) has signed a multi-year deal in making Konami its official football video game partner. The partnership incorporates commercial, imagery, and activation rights in licensing a number...

Reebok restocking classic 'Blue Toe' Allen Iverson shoes

Aug 13, 2022 23:45 pm UTC| Sports Economy Business

Reebok continues to pump out NBA legend Allen Iversons old hoop shoes with the Reebok Question Mid Blue Toe being released online and at select retailers on August 19, 2022, for $160. The Reebok Question, Iversons first...

Kubota to offer glasses that can halt or reverse nearsightedness

Aug 13, 2022 23:44 pm UTC| Health Economy Business Science

Kubota Pharmaceutical will sell specially designed glasses dubbed Kubota Glass, which it claims are able to reverse the effects of myopia. The glasses shine tiny lights at the retina to simulate short-distance blurring,...

  1631 1632 1633 1634 1635 1636 1637 1638 1639 1640   

Economy

RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise

The Reserve Bank of Australia raised interest rates by 25 basis points on Tuesday, taking borrowing costs to their highest level in nearly 15 years as policymakers respond to persistent inflation and rising energy prices....

Asian Stocks Fall as Bond Yields and Oil Prices Surge

Asian stock markets fell broadly on Tuesday as surging U.S. Treasury yields, elevated oil prices and renewed pressure on technology shares dampened investor sentiment. Markets also awaited the Reserve Bank of Australias...

Asian Currencies Mixed as Yen Weakens, RBA Hike Looms

Asian currencies traded mixed on Tuesday, with the Japanese yen weakening toward recent lows as investors weighed intervention risks and the Bank of Japans policy outlook. The U.S. dollar remained near a two-month high,...

Gold Holds Near Seven-Week Low as Fed Rate Hike Bets Rise

Gold prices stabilized near a seven-week low on Tuesday after plunging 4% in the previous session, as elevated oil prices, rising U.S. Treasury yields and expectations for further Federal Reserve rate hikes continued to...

U.S. Stock Futures Steady as AI, Rate Concerns Weigh

U.S. stock futures were little changed Monday evening after Wall Street fell under pressure from elevated Treasury yields, concerns about slowing artificial intelligence development and persistent geopolitical tensions...

Politics

Polymarket Traders Bet on Trump AI Rename to ‘Super Intelligence’

Polymarket traders are betting on whether President Donald Trump will formally rename artificial intelligence as super intelligence, after he publicly called for the terminology change and federal officials began adopting...

Tim Scott Blames Democrats as CLARITY Act Stalls in Senate

Senate Banking Committee Chairman Tim Scott criticized Democrats after the U.S. Senate failed to advance the CLARITY Act, arguing the stalled crypto legislation represented a missed opportunity to establish clearer rules...

White House Blames Democrats as CLARITY Act Stalls

The White House and Republican Senator Cynthia Lummis have blamed Senate Democrats for the CLARITY Acts failure to advance, escalating partisan tensions over landmark U.S. cryptocurrency legislation. The Senate voted 49-50...

US Troops Set to Complete Iraq Withdrawal as Iran Influence Grows

US forces are expected to withdraw from their remaining bases in Iraq by Wednesday, completing a departure agreed in 2024 and raising concerns over Irans expanding influence and the potential resurgence of Islamic State....

Malaysia Begins Deportation of 1,500 Myanmar Nationals

Malaysia began deporting about 1,500 Myanmar nationals on Tuesday under a repatriation programme that has drawn objections from the United Nations and human rights organisations over safety concerns in conflict-hit...

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

Anthropic Targets $2 Trillion Valuation in Planned IPO

Anthropic is preparing for a highly anticipated initial public offering that could value the artificial intelligence company at more than $2 trillion, putting investor enthusiasm for the booming AI sector and its massive...

Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure

Samsung Electronics and five affiliates are investing a combined $1 billion in Helix Digital Infrastructure, a new artificial intelligence infrastructure company backed by investment firm KKR, as Samsung expands deeper...

CSL Partners With AWS to Bring AI Into Drug Research

CSL has entered into a partnership with Amazon Web Services (AWS) to integrate artificial intelligence and cloud computing across its research and clinical development operations, aiming to accelerate drug discovery and...

OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns

OpenAI has canceled the planned release of GPT-6.1 Astra after internal testing raised concerns about the artificial intelligence models safety, alignment and ability to stay within authorized boundaries. The...

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.