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Wed, Jul 15, 2026 02:21 AM All times are UTC

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South Korea arrests 34 by profiting from insider info in land speculation scandal

Jun 04, 2021 08:15 am UTC| Economy Business Law

South Korean authorities have arrested 34 people and referred 529 more to prosecution into allegations that they profited from insider information as public employees and officials in a land speculation scandal. The...

Nissan sued by overseas investors for $315 million over former boss's financial misconduct

May 29, 2021 23:40 pm UTC| Economy Business Law

Around 90 non-Japan-based institutional investors have sued Nissan Motor Co for their financial losses caused by former boss Carlos Ghosns financial misconduct cases and asking $315 million in damages. The plaintiffs...

Behind moves to regulate breastmilk trade lies the threat of a corporate takeover

May 28, 2021 11:13 am UTC| Law Business

The European Union is preparing to harmonise regulations governing the trade in human milk, which sounds like a good thing. But it wont be if it sidelines breastfeeding or makes informal human-to-human milk exchanges more...

New global guidelines for stem cell research aim to drive discussions, not lay down the law

May 28, 2021 11:13 am UTC| Law Science

The International Society for Stem Cell Research (ISSCR) today released updated guidelines for stem cell research and its translation to medicine. Developed in response to recent scientific and clinical advances, the...

WhatsApp sues Indian government over new messaging rules

May 26, 2021 22:36 pm UTC| Economy Business Law

WhatsApp has challenged Indian rules that would require it to provide access to encrypted messages via a lawsuit in the Delhi High Court, aggravating their already tense relationship with the Indian government. Facebook...

China begins crackdown on bitcoin mining, illegal trading activities

May 22, 2021 23:32 pm UTC| Economy Digital Currency Law

China announced that it will clamp down on bitcoin mining and trading to fend off financial risks, sharply pulling down bitcoin prices and putting it on course for weekly losses of over 15 percent. The country also...

Japan warns Sumitomo for leak of machine gun blueprints to China

May 21, 2021 12:49 pm UTC| Economy Business Law

Japan has warned Sumitomo Heavy Industries Ltd. and a subcontracted firm for violating its foreign exchange and trade control law in leaking blueprints for military-use machine gun parts to a Chinese company. The...

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Economy

Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow

Oil prices extended gains for a third consecutive session during Asian trading on Wednesday as geopolitical tensions intensified after U.S. President Donald Trump threatened additional military action against Iran and the...

Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes

Asian stock markets climbed on Wednesday after weaker-than-expected U.S. inflation eased concerns about additional Federal Reserve interest rate hikes, lifting investor sentiment across the region. Lower inflation,...

Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations

The U.S. dollar weakened on Wednesday after retreating from a two-week high as weaker-than-expected U.S. inflation data reduced expectations that the Federal Reserve will raise interest rates in the near term. While easing...

China Home Prices Fall Again in June Despite Slower Pace of Decline

Chinas new home prices continued to decline in June, highlighting the ongoing challenges facing the countrys property market despite signs that the pace of deterioration is easing. Official data released by the National...

US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions

U.S. consumer inflation likely eased in June, but economists say the slowdown may provide little relief for households or significantly reduce the likelihood of another Federal Reserve interest rate hike later this year,...

Politics

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens in the Democratic Republic of Congo (DRC) as the country faces a worsening Ebola outbreak, according to a White House official. Under the...

Iranian Missile Strike on UAE Oil Tankers Kills Indian Crew Member in Strait of Hormuz

An Indian crew member was killed and eight others were injured after two United Arab Emirates oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz on Tuesday, marking another major escalation in the...

Trump Recommends Darline Graham for Interim South Carolina Senate Seat

U.S. President Donald Trump announced Monday that he has recommended Darline Graham, the sister of the late Senator Lindsey Graham, to serve as South Carolinas interim U.S. senator, urging Governor Henry McMaster to...

Brazil Court Bars Flavio Bolsonaro From Visiting Jair Bolsonaro Ahead of Election

Brazils political landscape took another dramatic turn after Supreme Court Justice Alexandre de Moraes barred Senator Flavio Bolsonaro from visiting his father, former President Jair Bolsonaro, for 90 days, citing a...

Trump to Deliver National Address on Declassified 2020 Election Intelligence

President Donald Trump is set to deliver a televised national address on Thursday night focused on newly declassified intelligence concerning investigations into the 2020 U.S. election and what the White House describes as...

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

Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand

Yaskawa Electric Corp. (TYO:6506) shares extended losses for a second consecutive session on Tuesday after the Japanese robotics and factory automation company reported weaker-than-expected quarterly earnings, with...

Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion

Australias online safety regulator has warned that major technology companies, including Apple, Meta, Google, Microsoft and Snap, still have significant shortcomings in tackling child sexual abuse and the rising threat of...

SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan

SoftBank Corp (TYO:9434) announced on Tuesday a strategic partnership with AI startup Sierra to expand artificial intelligence-powered customer support services across its operations in Japan, marking another step in the...

Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process

Nvidia has reportedly tightened its controls over AI chip sales in Asia by significantly reducing the number of customers authorized to purchase its advanced processors, according to a Financial Times report published...

EU to Propose New Rules Limiting Children's Access to Social Media

The European Commission is preparing to introduce new rules aimed at limiting childrens access to social media platforms, with a formal proposal expected after the summer break, European Commission President Ursula von der...