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S. Koreans' spend 72.5 billion won on Netflix in Feb.

Mar 18, 2021 23:56 pm UTC| Business Technology

An estimated 5.01 million South Koreans spent 72.5 billion won for Netflixs video streaming services in February, more than tripling the 22.5 billion won paid by 1.68 million viewers the same month in 2019. The payment,...

How retail giants could thrive on the post-pandemic high street

Mar 18, 2021 14:43 pm UTC| Business

Even before COVID-19, the British high street was undergoing slow and painful decline. Independent shops were struggling, department stores were fighting for survival, and well known chains were scrapping over market...

Disneyland CEO Bob Chapek announces April reopening date

Mar 18, 2021 09:34 am UTC| Business

Disneyland closed its doors after lockdowns have been ordered due to the COVID-19 pandemic. It has been a year already since the Disney parks have suspended their operations, and CEO Bob Chapek finally announced its...

China summons 11 firms including Alibaba, Tencent on 'deepfake' tech

Mar 18, 2021 09:23 am UTC| Business Technology

Chinese regulators summoned 11 local technology companies to discuss security assessments and potential problems for using deepfake technologies on their content platforms. Those summoned include Alibaba Group, Tencent,...

PepsiCo: LeBron James introduces new Mountain Dew energy drinks

Mar 18, 2021 09:13 am UTC| Business

PepsiCo will be debuting its new line of Mountain Dew energy drinks, and it will be endorsed by NBA hotshot LeBron James. The basketball great will be the official face of the beverage and snack companys MTN Dew Rise...

Starbucks begins testing cold pressed espresso as preference for cold beverage soars

Mar 18, 2021 08:38 am UTC| Business

Starbucks is coming up with new cold beverage offerings as the demand for cold drinks has increased and overtaken the hot beverages. The coffee chain company revealed its plans to begin testing its new Cold Pressed...

Honda suspending production in Canada and U.S. plants

Mar 18, 2021 08:04 am UTC| Business

Honda Motor Co. announced early this week that it would be halting its production at its major plants in the U.S. and Canada. The company stated that the work suspension would last only a week. Causes of the work...

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Economy

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

China Factory Activity Extends Growth in April Despite Global Pressures

Chinas manufacturing sector continued to expand for a second consecutive month in April, signaling resilience in the worlds second-largest economy despite ongoing global uncertainties. According to official data from the...

AI Stocks Rally in Asia as Oil Surge and Hawkish Central Banks Shake Global Markets

Asian markets showed resilience on Thursday as AI-related stocks climbed following strong earnings from major U.S. tech firms, even as rising oil prices and tightening monetary policy pressured global bonds and currencies....

China Manufacturing PMI Beats Forecasts in April Amid Weak Domestic Demand

Chinas manufacturing sector showed modest growth in April, surpassing expectations, but broader economic momentum remained uneven due to weak domestic demand and slowing non-manufacturing activity. According to data...

Politics

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

US-China Talks Put Taiwan at Center of Rising Geopolitical Tensions

A high-stakes diplomatic meeting between the United States and China is drawing global attention, with Taiwan emerging as a central issue that could reshape regional stability. As U.S. President Donald Trump prepares for a...

Trump Considers Reducing U.S. Troops in Germany Amid NATO Tensions

U.S. President Donald Trump has signaled that his administration is reviewing a potential reduction of American troops stationed in Germany, a move that could reshape U.S. military presence in Europe and impact NATO...

US Proposes Maritime Freedom Construct to Secure Strait of Hormuz Shipping

The United States is urging allied nations to support a new international initiative aimed at safeguarding navigation through the Strait of Hormuz, a critical global shipping route that has recently experienced...

NYC Mayor Urges King Charles to Return Koh-i-Noor Diamond During U.S. Visit

New York City Mayor Zohran Mamdani has called on Britains King Charles III to return the historic Koh-i-Noor diamond to India, bringing renewed attention to long-standing debates over colonial-era artifacts. His remarks...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...
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