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Mon, Jan 12, 2026 04:13 AM All times are UTC

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S. Korea's cosmetics exports up 15% in 2020

Apr 26, 2021 09:33 am UTC| Economy Business

South Koreas exports of cosmetics shot up 15 percent in 2020 from the US$6.12 billion a year earlier, according to the data compiled by the Korea Customs Service and the Korea Cosmetic Association. South Koreas...

Lee Jae Yong: Samsung heir on spotlight after helping secure 20 million additional Pfizer COVID-19 vaccines

Apr 26, 2021 09:31 am UTC| Business Economy

Lee Jae Yong, the Samsung Electronics jailed chairman and company heir, was said to have a hand in closing the deal between South Korea and Pfizer for additional 20 million COVID-19 vaccines. This is why he is receiving...

Hyundai Motor may set up Ioniq 5 EV production facility in the US

Apr 26, 2021 08:42 am UTC| Business Economy

The chairman of Hyundai Motor Group, Chung Eui Sun, went to the U.S. not long ago. It is believed that the executive visited the nation to seek clarity on President Joe Bidens plans to step up the eco-friendly efforts in...

GDC Technics to lay off over 200 workers after Boeing scraps Air Force One contract

Apr 26, 2021 08:25 am UTC| Business Economy

GDC Technics was forced to implement job cuts, and the companys chief executive officer, Brad Foreman, explained that this is the direct result of Boeings sudden cancellation of its Air Force One contract. It was revealed...

Samsung C&T reportedly establishing $673 million solar plants in Texas

Apr 26, 2021 06:59 am UTC| Business Economy

Samsung CT, the South Korean electronic companys unit, is said to be thinking of establishing its own solar power plants that will entail a $673 million investment. The plan is to set it up in Texas, U.S.A. and the main...

McDonald's Singapore virtually reunites families for a meal at My Happy Table

Apr 24, 2021 14:52 pm UTC| Economy

McDonalds Singapore has launched a physical activation that uses technology and camera setup dubbed My Happy Table to help Singapore-based individuals reunite with their family in Malaysia. Through My Happy Table,...

Seoul seizes cryptocurrencies from tax delinquents

Apr 24, 2021 14:42 pm UTC| Economy Business

The city government of Seoul has seized cryptocurrencies of 676 top tax delinquents who hid their assets in digital form, who owed the government 28.4 billion won in overdue taxes. Seouls tax collection department found...

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Economy

Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure

Tensions between the White House and the U.S. Federal Reserve escalated sharply over the weekend after Federal Reserve Chair Jerome Powell revealed that the administration had allegedly threatened him with a criminal...

Japan Launches Deep-Sea Rare Earth Mining Mission to Reduce Reliance on China

Japan has taken a major step toward securing its supply of critical minerals by launching a groundbreaking deep-sea mining mission aimed at extracting rare earth elements from the ocean floor. A government-backed Japanese...

Australian Household Spending Surges, Raising Rate Hike Expectations

Australian household spending showed strong momentum for a second straight month in November, reinforcing signs that the economy is gaining traction and increasing expectations of future interest rate hikes. According to...

U.S. Dollar Slips as Powell Investigation Shakes Markets, Gold Hits Record High

The U.S. dollar weakened on Monday after retreating from its strongest level in a month, following reports that U.S. prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell. The...

UK Jobs Market Cools in December as Starting Salaries Rise, Survey Shows

Britains jobs market showed further signs of cooling in December, even as starting salaries for permanent roles increased at a faster pace, according to a closely watched survey of recruiters that will be reviewed by the...

Politics

ICJ to Hear Landmark Genocide Case Against Myanmar Over Rohingya Crisis

A landmark genocide case against Myanmar is set to open at the International Court of Justice (ICJ), the United Nations highest judicial body, marking the first full genocide hearing at the court in more than a decade. The...

Trump Reignites Greenland Takeover Claims, Citing U.S. Security and NATO Tensions

U.S. President Donald Trump has once again stirred global debate after declaring that the United States would acquire Greenland, even if such a move risks straining relations within the North Atlantic Treaty Organization...

Trump Considers Starlink to Restore Internet Access in Iran Amid Protests

U.S. President Donald Trump said on Sunday that he is considering discussions with billionaire entrepreneur Elon Musk about restoring internet access in Iran, where authorities have imposed widespread blackouts amid...

DHS Sends Hundreds More Officers to Minnesota After ICE Shooting Sparks Nationwide Protests

The U.S. Department of Homeland Security (DHS) announced it is deploying hundreds of additional federal officers to Minnesota following large-scale protests over the fatal shooting of a woman by an Immigration and Customs...

Who Is Li Chenggang? The Diplomat Shaping U.S.-China Trade Talks

Chinas lead trade negotiator Li Chenggang has emerged as one of the most influential figures in U.S.-China trade negotiations, despite a rocky moment last year that briefly threatened to derail high-level diplomacy. In...

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

Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition

Anthropic has announced the launch of a new suite of healthcare-focused tools integrated into its Claude AI chatbot, marking another significant step in the rapidly expanding use of artificial intelligence in medicine. The...

Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny

Elon Musk announced on Saturday that X, the social media platform formerly known as Twitter, will publicly release its recommendation algorithm, including the full code behind organic content and advertising post...

China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges

China is accelerating efforts to narrow its technological gap with the United States, driven by increased risk-taking, innovation, and strong policy support for artificial intelligence and semiconductors. Leading Chinese...

Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability

The U.S. Supreme Court has agreed to hear an appeal by Cisco Systems that could significantly reshape how American companies are held liable for alleged human rights abuses committed overseas. The case centers on the scope...

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites

The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...