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Dubai’s DP World to work with Israel’s DoverTower in bid for Haifa Port

Sep 18, 2020 07:32 am UTC| Economy

Dubai state-owned DP World is teaming up with Israels DoverTower in a joint venture that will bid in the privatization and to conduct a study on opening a direct shipping line between the two Middle East states. Haifa...

60% of pandemic-induced business closures in US become permanent

Sep 17, 2020 03:36 am UTC| Economy

Yelp data revealed that 97,966 of the 163,735 business closures across the US due to the pandemic as of Aug, 31 wont be reopening. Permanent business closures rose 34 percent since Yelps last report in mid-July. Yelp...

S. Korea, Germany to boost energy ties towards economic recovery, climate goals

Sep 16, 2020 10:04 am UTC| Economy

South Korea and Germany vowed via a virtual meeting to bolster cooperation in the energy sector towards the recovery of their virus-hit economies and helping each other achieve their climate goals. According to the...

S. Korea's corporate sales suffer record 10.1% drop in Q2

Sep 15, 2020 09:08 am UTC| Economy

South Korean companies suffered a 10.1 percent dip in sales in the second quarter, its sharpest on record, and plunging from a 1.9 percent on-year drop in the first quarter. It was also the sixth consecutive quarterly...

S. Korea eyes online trade platform deal with Uzbekistan

Sep 14, 2020 23:52 pm UTC| Economy

South Korea is seeking bilateral trade deals with Uzbekistan that would establish a platform to help local SMEs sell products through contactless channels, says Deputy Prime Minister and Finance Minister Hong...

Temporary flights to bring residents of China stuck in S. Korea back home

Sep 14, 2020 23:06 pm UTC| Economy

Korean Air Lines and Xiamen Airlines will operate seven flights from Incheon to Qingdao, Zhengzhou, and Xiamen until Oct. 15 to allow South Koreans residing in China to travel back to China. The COVID-19 crisis brought...

S. Korea to boost digital infrastructure investment as pandemic accelerates digitalization

Sep 11, 2020 21:40 pm UTC| Economy

South Korea will intensify investments in digital infrastructure to cope with the rate that the coronavirus pandemic is accelerating digitalization, says Finance Minister Hong Nam-ki. The focus of investments would...

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Economy

Global Smartphone Shipments Rise 2% in 2025 as Apple Leads Market, Outlook Weakens for 2026

Global smartphone shipments recorded a modest 2% year-on-year increase in 2025, signaling a gradual recovery for the mobile industry, according to a report released by Counterpoint Research. The growth was largely fueled...

Asian Currencies Hold Steady as Dollar Slips on Powell Investigation Concerns

Asian currencies traded mostly flat on Monday as the U.S. dollar weakened following news that the U.S. government had opened a criminal investigation involving Federal Reserve Chair Jerome Powell, raising fresh concerns...

Asian Stocks Edge Higher as Tech Shares Lead Gains Amid Global Uncertainty

Most Asian stock markets moved higher on Monday, led by gains in technology shares that followed a strong performance by U.S. peers, although overall advances remained limited due to rising geopolitical and macroeconomic...

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...

Politics

Marine Le Pen Appeal Puts 2027 French Presidential Race in the Balance

Marine Le Pen, the prominent leader of Frances far-right National Rally (RN), has begun a decisive appeal in Paris that could determine whether she is eligible to run in the 2027 French presidential election. The legal...

South Korea’s Lee Jae Myung Seeks Diplomatic Balance in Japan Summit Amid China Tensions

South Korean President Lee Jae Myung is set to hold a summit with Japanese Prime Minister Sanae Takaichi on Tuesday in Nara City, highlighting Seouls ongoing effort to balance relations with its two key neighbours, Japan...

Australian Arts Festival Faces Author Boycott Amid Free Speech and Antisemitism Debate

A leading Australian arts festival has been thrown into turmoil after dozens of writers withdrew in protest over the decision to bar an Australian Palestinian author following the Bondi Beach mass shooting, reigniting a...

Trump Signals Possible Veto of ACA Subsidy Extension, Raising Health Insurance Uncertainty

U.S. President Donald Trump has reignited uncertainty around the future of Affordable Care Act (ACA) health insurance subsidies after saying he may veto legislation aimed at extending federal health insurance tax credits....

South Korea Investigates Alleged Civilian Drone Flights Into North Korean Airspace

South Korean authorities have launched a formal investigation into the possibility that civilians may have flown drones into North Korean airspace, following accusations from Pyongyang that unmanned aircraft violated its...

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

BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand

BE Semiconductor Industries N.V. (Euronext: BESI), a leading Dutch semiconductor assembly equipment manufacturer, reported robust preliminary orders for the fourth quarter of 2025, underscoring strengthening demand across...

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...

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...
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