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Zero-calorie drinks gaining popularity among younger S. Koreans

Oct 31, 2022 23:13 pm UTC| Life Health Economy Business

Sales of zero-calorie drinks in South Korea are on the rise as more younger people become more health-conscious. Convenience store chain CU reported over a 15-fold sales increase of zero-calorie beverages this year...

Honda unveils new jet with longer flight range and autolanding

Oct 31, 2022 23:08 pm UTC| Business Economy Life Nature

Honda will launch the HondaJet Elite II, featuring a flight range of 2,865 kilometers, 204 km longer than the existing models, and an automatic landing system. Priced at $6.95 million, the HondaJet Elite II has a bigger...

Kirin expects Fuji whisky to sell well in Singapore due to brand's popularity

Oct 31, 2022 23:08 pm UTC| Life Economy Business

Japans Kirin Brewery will export its premium Fuji whisky brands to Singapore, relying on a weak yen, the rising popularity of Japanese whisky, and a large population of well-to-do Singaporeans. The Fuji Single Grain...

Coca-Cola focuses on pricing strategy amid high inflation

Oct 31, 2022 23:08 pm UTC| Economy Business Life Investing

Coca-Cola is focusing on pricing, tiering, and pack size to demonstrate value for consumers as inflation remains an issue globally. According to chairman and CEO James Quincey during a recent Q3 2022 earnings call, the...

Porsche's profit soars with increased sales of iconic 911 model

Oct 31, 2022 23:08 pm UTC| Life Economy Business

Porsches operating profit soared 41 percent to $5 billion on-year in the first nine months of 2022 partly due to healthy sales of its iconic 911 model and exchange-rate effects. The carmakers deliveries in the first...

Malaysia Airlines to increase flights to Japan to accommodate demand

Oct 31, 2022 23:07 pm UTC| Life Economy Business

Malaysia Airlines will increase flights to Haneda and Tokyo Narita to accommodate the surge in passenger demand, effective Nov 1. Flights to Haneda will increase from twice weekly to thrice weekly, and to Tokyo Narita...

Campari to initially buy 70% stake in Wilderness Trail Distillery

Oct 31, 2022 22:50 pm UTC| Life Economy Business

Campari Group will purchase an initial 70 percent stake in the bourbon and rye whiskey brand, Wilderness Trail Distillery, for $420 million. , before acquiring the remaining 30% in 2031. Wilderness Trail is valued at...

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Economy

Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals

Gold prices reversed early gains and moved lower during Asian trading on Thursday, pressured by a strengthening U.S. dollar and reduced demand for safe-haven assets. Investor focus has shifted toward upcoming central bank...

Thailand Inflation Remains Negative for 10th Straight Month in January

Thailands annual headline inflation rate stayed in negative territory for the tenth consecutive month in January, underscoring continued price pressures driven largely by lower energy costs and government measures aimed at...

Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off

Silver prices tumbled sharply during Asian trading on Thursday, leading a broad sell-off across the precious metals market and erasing most of the short-lived rebound seen earlier this week. The steep decline highlighted...

South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks

South Koreas efforts to stabilise its currency are facing a growing domestic challenge as retail investors continue to pour record amounts of money into U.S. stocks, driving strong demand for dollars while the won trades...

Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady

Federal Reserve Governor Lisa Cook emphasized the importance of protecting the central banks credibility by ensuring inflation returns to its long-term target, signaling continued caution on monetary policy despite recent...

Politics

Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports

The U.S. government is prepared to allow Chinas ByteDance to purchase Nvidias advanced H200 AI chips, but negotiations remain stalled as Nvidia has not agreed to the proposed conditions governing their use. According to...

Trump Endorses Clay Fuller in Georgia Special Election to Replace Marjorie Taylor Greene

President Donald Trump has thrown his weight behind conservative prosecutor Clay Fuller in the upcoming Georgia special election to replace Marjorie Taylor Greene, signaling a major shift in the political dynamics of...

CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences

Hong Kong-based conglomerate CK Hutchison has initiated international arbitration proceedings against the Panamanian government after Panamas Supreme Court annulled licences held by its subsidiary, Panama Ports Company, to...

Trump Stays Neutral on 2028 GOP Successor as Vance and Rubio Emerge as Top Contenders

President Donald Trump has declined to take sides in early speculation over who could succeed him as the Republican presidential nominee in the 2028 election, as Vice President JD Vance and Secretary of State Marco Rubio...

U.S. Justice Department Removes DHS Lawyer After Blunt Remarks in Minnesota Immigration Court

The U.S. Justice Department has removed a government lawyer from a high-pressure assignment in Minnesota following blunt comments made in federal court about her workload and the governments failure to comply with judicial...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....

Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised

Sony Corp (TYO:6758) reported stronger-than-expected third-quarter earnings, driven by solid performance in its gaming, music, and image sensor businesses. The Japanese conglomerate also raised its full-year forecast,...

SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO

Elon Musks SpaceX is reportedly exploring ways to secure early inclusion in major stock market indexes ahead of its highly anticipated initial public offering, a move aimed at boosting liquidity and stabilizing its share...
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