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Delayed tax payments to bring revenue to US states

Jul 16, 2020 04:58 am UTC| Economy

A pandemic-triggered revenue plunge will be interrupted for most US states as they collect billions of dollars in tax payments. The payments would have been due in April. However, other than the payments of taxes,...

China calls UK's Huawei ban as 'groundless'

Jul 16, 2020 01:09 am UTC| Economy

The Chinese government called the UKs ban of Huaweis 5G kit as groundless while vowing to safeguard Chinese companies legitimate interests. Foreign Ministry spokeswoman Hua Chunying said the UK is making excuses to...

More Moroccans leaning on informal economy for livelihood

Jul 16, 2020 00:25 am UTC| Economy

Morocco expects the health crisis to increase the number of their workers in the informal economy, who already form a third of their workforce and contribute 14 percent of gross domestic product. The health crisis would...

S. Korea's movie industry hopeful for second-half resurgence

Jul 16, 2020 00:18 am UTC| Economy

South Koreas movie industry is pinning hopes on a rebound during the summer, with July being the most crucial juncture for a second-half resurgence. Analyst Shin Soo-yeon of Shinyoung Securities noted that with several...

High demand for computers lifts S. Korea's ICT exports

Jul 15, 2020 02:56 am UTC| Economy

South Korea exported US$14.9 billion worth of ICT products in June to rebound by one percent on-year, mainly due to an 84.5 percent on-year increase in outbound shipments of computers that hit $1.27 billion. The...

S. Korea to invest 160-T won in creating 1.9-M jobs

Jul 15, 2020 02:19 am UTC| Economy

South Korea will invest 160 trillion won by 2025 in projects that will help create 1.9 million jobs under its Korean New Deal stimulus, says Finance Minister Hong Nam-ki. In a meeting of Cabinet ministers presided over...

Carbon pricing works: the largest-ever study puts it beyond doubt

Jul 14, 2020 09:35 am UTC| Insights & Views Economy

Putting a price on carbon should reduce emissions, because it makes dirty production processes more expensive than clean ones, right? Thats the economic theory. Stated baldly, its obvious, but there is perhaps a tiny...

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Economy

Japan Warns U.S. Over Yen Depreciation as Dollar Hits One-Year High

Japans Finance Minister Satsuki Katayama has raised serious concerns over the rapid weakening of the Japanese yen, describing its recent movement as a one-sided depreciation, during a meeting with U.S. Treasury Secretary...

China and Southeast Asia Poised to Lead Asian Equities in 2026

China and Southeast Asian equities are set to outperform Asias markets in 2026, supported by improving liquidity conditions, tighter industrial discipline, and a clear policy pivot toward reform, according to a recent...

Trump Warns of New Tariffs as Iran Protests Escalate and U.S.-Iran Tensions Rise

Tehran said it is keeping communication channels open with Washington as U.S. President Donald Trump weighs how to respond to Irans violent crackdown on nationwide protests, one of the most serious challenges to clerical...

New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026

Federal Reserve Bank of New York President John Williams said Monday that the U.S. economy is on solid footing heading into 2026 and indicated there is no immediate need for additional interest rate cuts, reinforcing...

U.S. Stock Index Futures Slip as Markets Await CPI Data and Weigh Trump-Fed Tensions

U.S. stock index futures edged lower on Monday evening, signaling a pause after recent gains that were largely driven by strength in technology stocks. Investor caution increased ahead of the highly anticipated U.S....

Politics

Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes

U.S. President Donald Trump said Monday evening that his administration is working closely with major American technology companies to prevent the rising electricity costs of AI data centers from increasing household...

Medvedev Jokes About Greenland Referendum as Trump Renews Push to Control Arctic Island

Russian Security Council Deputy Chairman Dmitry Medvedev has sparked international attention after suggesting, in a sarcastic remark, that Greenlanders could vote to join Russia if U.S. President Donald Trump fails to act...

Russian Missile Attacks Hit Kyiv and Kharkiv, Causing Casualties

Russian forces launched renewed attacks on Ukraines two largest cities early Tuesday, intensifying the ongoing conflict and raising concerns over civilian safety and regional security. According to Ukrainian officials,...

Venezuela Releases Political Prisoners Amid Conflicting Counts and Mounting Pressure

Venezuelas government announced on Monday that 116 prisoners have been released so far under a process unveiled last week, but human rights organizations and opposition groups reported significantly lower figures,...

U.S. Plans $115 Million Counter-Drone Investment to Secure FIFA World Cup and Major National Events

The United States government has announced a $115 million investment in counter-drone measures aimed at strengthening security for major upcoming events, including the FIFA World Cup and Americas 250th Anniversary...

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

SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges

SK Hynix Inc, a key supplier to Nvidia and one of the worlds largest memory chipmakers, announced plans to invest 19 trillion won (approximately $13 billion) to build a cutting-edge chip packaging plant in South Korea,...

Starlink Internet Remains Active in Iran Despite Nationwide Blackout

Some Iranians continue to access the internet through Elon Musks Starlink satellite service despite a sweeping nationwide communications blackout, highlighting how satellite internet is increasingly used to bypass...

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...
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