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Mon, Jul 06, 2026 05:26 AM All times are UTC

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Coupang takes the plunge into live e-commerce business

Jun 14, 2021 09:27 am UTC| Business Economy

Coupang is diving into a new form of e-commerce business and this venture is set to begin in July. it was reported that the company will begin its own live selling platform to market products in real-time through video...

CJ ENM withdraws favorite channels from LG Uplus Mobile TV

Jun 14, 2021 08:08 am UTC| Business Economy

CJ ENM reportedly stopped the broadcast of its 10 channels on LG Uplus Mobile TV, the telecom companys video service. It was reported that the Seoul-based entertainment and mass media company withdrew its channels on...

Kakao Entertainment continues to expand with strategic acquisitions in S. Korea and overseas

Jun 14, 2021 07:17 am UTC| Business Economy

Kakao Entertainment is getting bigger and bigger as it continues to acquire and merge with entertainment companies in S. Korea and overseas. Apparently, this is a strategic move to expand its business in the global...

Samsung stops production of unreleased smartphone due to chip shortage: Report

Jun 14, 2021 05:17 am UTC| Business Economy

Samsung Electronics reportedly halted the production of its unreleased mobile phone due to a chip shortage. It was said to be one of the brands mid-range phones that are scheduled to be launched in the market this...

Japan to probe Google, Apple over antitrust issues

Jun 12, 2021 15:21 pm UTC| Economy Technology

Japan will investigate as early as this month whether Google and Apple forced smartphone manufacturers to install their apps and services as a condition for providing the operating software. Officials will question...

Hyundai to showcase hydrogen fuel cell system in world’s first touring race for EVs

Jun 12, 2021 13:49 pm UTC| Economy Sports Business

Hyundai Motor Group will showcase its HTWO fuel cell power generators when it competes at the Electric Touring Car Racing (ETCR) in Vallelunga, Italy, from June 18 to 20. The South Korean carmaker will field its racing...

Samsung tops Latin America smartphone sales in Q1 with 42.4% share

Jun 12, 2021 10:28 am UTC| Business Economy

Samsung Electronics Co. accounted for 42.4 percent of smartphone shipments in Latin America in the first quarter, up from 37.9 percent a year ago, with the launch of new models and aggressive marketing. Counterpoint...

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Economy

Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market

Oil prices edged lower in early Asian trading on Monday after OPEC+ agreed to increase production targets for August, adding to expectations of stronger global crude supplies and easing concerns over disruptions in the...

US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings

U.S. stock index futures moved higher on Sunday evening as investors prepared for a key week featuring the release of the Federal Reserves June meeting minutes and the unofficial start of the second-quarter earnings...

Gold Price Rises as Softer Dollar and Fed Rate Expectations Boost Bullion Demand

Gold prices climbed during Asian trading on Monday as a weaker U.S. dollar and fading expectations of another Federal Reserve interest rate hike this year supported demand for the precious metal. The recovery extended...

Asian Markets Slip as AI Earnings Season Looms, Oil Prices Fall Ahead of Key Fed Signals

Asian stock markets traded lower on Monday as investors turned cautious ahead of a critical earnings season expected to highlight the strength of artificial intelligence (AI) demand. At the same time, falling oil prices...

Japan Defense Stocks Rally on Report of New Defense Ministry Bureau for Global Cooperation

Japanese defense-related stocks rallied sharply on Monday after a report by the Yomiuri newspaper said the government is preparing to establish a new bureau within the Ministry of Defense to strengthen international...

Politics

Australian PM Anthony Albanese Apologizes After Kylie Minogue Podcast Remarks Spark Backlash

Australian Prime Minister Anthony Albanese issued a public apology on Monday after making controversial remarks about pop icon Kylie Minogue during a comedy podcast interview, drawing criticism from opposition lawmakers...

Iran Begins Oil Sale Talks With Japan Under U.S. Sanctions Waiver Amid Shipping Risks

Iran has opened preliminary discussions with Japanese companies about resuming crude oil exports under a temporary U.S. sanctions waiver, although potential buyers are seeking a longer exemption and stronger assurances...

Trump to Meet Zelenskiy at NATO Summit in Turkey to Push Ukraine Peace Efforts

U.S. President Donald Trump is set to meet Ukrainian President Volodymyr Zelenskiy during this weeks NATO summit in Turkey as part of a renewed diplomatic effort to end the war in Ukraine, according to a senior U.S....

Israel Cabinet Rejects Supreme Court Ruling, Sparking Constitutional Crisis Fears

Israels cabinet has voted to reject a Supreme Court ruling involving the countrys broadcast regulator, triggering fresh concerns over a potential constitutional crisis and deepening tensions between Prime Minister Benjamin...

Israeli Airstrike Kills Two in Gaza City as Ceasefire Violations and Truce Talks Persist

At least two Palestinians were killed and several others were wounded in an Israeli airstrike in central Gaza City on Sunday, according to Palestinian health officials, as violence continued despite an October ceasefire...

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

Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand

Foxconn, officially known as Hon Hai Precision Industry, reported a sharp rise in second-quarter revenue as booming demand for artificial intelligence infrastructure continued to drive growth across its cloud and...

Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook

Citi has raised its target price for Taiwan Semiconductor Manufacturing Co. (TSMC) to NT$3,800 from NT$2,875, while maintaining its Buy rating, citing stronger confidence in the chipmakers long-term growth as demand for...

AI Memory Chip Shortage Likely to Persist Despite Korea Investment Boom, Nomura Says

Concerns that a new wave of investment announcements by South Korean memory chipmakers could trigger another memory chip oversupply cycle may be exaggerated, according to Nomura analysts, who believe strong artificial...

Samsung Q2 Profit Seen Soaring as AI Memory Demand Keeps Chip Prices Elevated

Samsung Electronics is expected to report another record-breaking quarter as booming artificial intelligence (AI) demand continues to fuel higher memory chip prices and tighten global supply. Analysts estimate the South...

Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley

Meta Platforms (NASDAQ: META) is preparing to expand into the cloud computing market, a move that could position the company as a future rival to Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. According to...