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Wed, Jul 15, 2026 04:11 AM All times are UTC

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Nissan Shares Plunge as Foxconn Clarifies Partnership Intentions

Feb 12, 2025 11:15 am UTC| Technology Business

Nissan Motor Co. (TYO:7201) saw its shares drop 6.8% to 412.4 yen on Wednesday after Foxconn (SS:601138) Chairman Young Liu clarified that the electronics giant was pursuing a partnership with Nissan, not ownership. Liu...

NASA Swaps Crew Dragon Capsule to Expedite Astronaut Return

Feb 12, 2025 11:15 am UTC| Technology

NASA has decided to swap the SpaceX Crew Dragon capsule for its upcoming Crew-10 mission to the International Space Station (ISS), moving the launch date up to March 12 from March 25. This change will allow for an earlier...

SMIC Warns of Chip Market Oversupply in 2025 Amid Rising Competition

Feb 12, 2025 11:14 am UTC| Technology Business

Chinas leading chipmaker, Semiconductor Manufacturing International Corp (SMIC), cautions that the mature-node chip market may face oversupply in the second half of 2025. Despite a recent recovery, the company foresees...

Alibaba Stock Surges as Apple Chooses Its AI for iPhones in China

Feb 12, 2025 11:14 am UTC| Technology Business

Alibaba Groups (HK:9988, NYSE:BABA) Hong Kong-listed shares hit a four-month high on Wednesday, surging over 8% to HK$113.90, after reports of a strategic AI partnership with Apple Inc. (NASDAQ:AAPL). Apple reportedly...

Super Micro Computer (SMCI) Cuts 2025 Revenue Outlook After Disappointing Q2 Results

Feb 12, 2025 11:11 am UTC| Technology Business

Super Micro Computer Inc. (NASDAQ: SMCI) saw its stock drop over 3% in after-hours trading Tuesday after lowering its full-year revenue guidance and reporting preliminary Q2 results that missed Wall Street estimates. For...

Global EV Sales Rise 18% in January as Europe and U.S. Outpace China

Feb 12, 2025 02:13 am UTC| Economy Technology

Global electric vehicle (EV) and plug-in hybrid (PHEV) sales rose 18% year-on-year in January, reaching 1.3 million units, according to Rho Motion. For the first time since February 2023, growth in Europe and the U.S....

Elon Musk’s $97.4B Bid for OpenAI Sparks Controversy

Feb 12, 2025 02:12 am UTC| Technology Business

OpenAIs board has yet to receive a formal bid from Elon Musks consortium, despite his lawyer claiming the offer was sent to OpenAIs outside counsel. Musk proposed a $97.4 billion buyout for OpenAIs nonprofit entity, aiming...

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Economy

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,...

South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index

South Koreas KOSPI has entered a bear market after falling about 25% from its record high reached in late June, highlighting the sharp reversal of one of the worlds strongest equity rallies. Despite the decline, the...

Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data

The Japanese yen held steady on Tuesday as investors remained alert to the possibility of currency intervention from Tokyo, while most Asian currencies traded in narrow ranges ahead of closely watched U.S. inflation data...

China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts

Chinas exports and imports grew far more than expected in June, highlighting the resilience of the countrys trade sector as strong global demand for artificial intelligence (AI)-related products and technology goods helped...

Politics

Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure

The Trump administration is launching a new initiative to strengthen U.S. cybersecurity by bringing together leading artificial intelligence developers and operators of critical infrastructure to identify and address...

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

The Trump administration has imposed new travel restrictions on American citizens who have recently been in the Democratic Republic of Congo (DRC), preventing them from boarding commercial flights to the United States as...

Trump to Deliver National Address on 2020 Election Intelligence, Voting Machine Security

President Donald Trump is set to deliver a national address on Thursday night, outlining newly declassified intelligence related to the 2020 U.S. presidential election and discussing what the White House describes as...

Trump Says U.S. Strikes on Iran Will Continue Until Nuclear Deal Is Reached

U.S. President Donald Trump said Tuesday that the United States remains in direct contact with Iranian officials but warned that military operations against Iran will continue until Tehran agrees to a new deal, signaling...

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...

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

Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside

Arm Holdings shares came under pressure after HSBC downgraded the semiconductor designer to hold from buy,arguing that the companys recent rally has already priced in much of its long-term artificial intelligence (AI)...

SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally

SK Hynix shares surged nearly 13% in Seoul on Wednesday, leading a broad rally in South Korean semiconductor stocks as easing U.S. inflation and renewed optimism over artificial intelligence (AI) memory demand boosted...

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...