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Wed, Dec 24, 2025 03:41 AM All times are UTC

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Korea's Cosmax Inaugurates Asia's Largest Cosmetics Factory in China; Full-Scale Operations Begin

Aug 15, 2023 08:50 am UTC| Business Economy

Cosmax Inc. is considered the biggest cosmetics firm in South Korea and the no.1 original design manufacturing (ODM) group for beauty health products, boasting the most international certifications. Cosmax has opened a...

Nike CEO Commits to China, Cites Women's Sports, Local Storytelling as Growth Catalysts

Aug 15, 2023 08:37 am UTC| Economy Sports Business

Nikes CEO, John Donahoe, recently spotlighted the brands unwavering devotion to China, emphasizing local innovation and the surging impact of womens sports. With China as Nikes second-largest market, female athletes and...

Nestlé USA Recalls Toll House Cookie Dough Over Wood Fragment Concerns

Aug 15, 2023 08:29 am UTC| Business Life

Nestlé USA has initiated a voluntary recall of its Toll House Chocolate Chip Cookie Dough due to potential wood fragment contamination. The decision came after customers found wood pieces in the cookie dough bars....

Pepsi, Mineré Introduce Post-Consumer Recycled Bottles in Thailand with Envicco's Innovation

Aug 15, 2023 08:20 am UTC| Economy Nature Business

Pepsi and Nestlés Mineré make history in Thailand, introducing the nations first bottles from post-consumer recycled (PCR) material. Bolstered by influential campaigns, this eco-friendly milestonerealized...

Hyundai Unveils Ioniq 5 Batik Edition at Indonesia Auto Show, Celebrating Seoul-Jakarta Ties

Aug 15, 2023 07:43 am UTC| Economy Life Business

Hyundai Motor Co., South Koreas largest automaker, proudly showcased the Ioniq 5 Batik edition at the Gaikindo Indonesia International Auto Show in Tangerang. This special edition electric vehicle, adorned with Indonesias...

PayPal Appoints Former Intuit Executive Alex Chriss as New CEO, Replacing Retiring Schulman

Aug 15, 2023 07:31 am UTC| Business Economy

PayPal Holdings Inc. names Alex Chriss, a former Intuit executive, as its new CEO, succeeding the retiring Dan Schulman next month. Chrisss past achievements include advancing QuickBooks and Mailchimp to global...

Burger King Japan Unveils 'Crown The One Pounder': A 6-Patty, 4-Cheese Mega Burger

Aug 14, 2023 11:53 am UTC| Economy Business Life

Burger King Japan unveils its new era double cheeseburger, the Crown The One Pounder. Limited availability at select locations promises a unique, layered flavor experience for fast-food enthusiasts. Weighing in at...

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Economy

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

Spot gold surged past the key psychological level of $4,500 per ounce for the first time on Wednesday, marking a historic milestone for the precious metal and reinforcing its status as a preferred safe-haven asset. The...

Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs

Asian shares edged higher on Wednesday, rounding off a strong finish to 2025 as artificial intelligence-driven optimism continued to fuel global equity markets. The positive momentum followed an overnight rally on Wall...

U.S. Stock Index Futures Steady After S&P 500 Hits Record on Strong Economic Data

U.S. stock index futures were little changed on Tuesday evening following a record-setting close for the SP 500, as stronger-than-expected economic growth data continued to bolster confidence in the U.S. economy. Market...

Oil Prices Edge Higher as Strong U.S. Growth and Supply Risks Support Market

Oil prices recorded modest gains on Wednesday, extending a rally from earlier in the week as strong U.S. economic data and ongoing geopolitical risks supported market sentiment. Brent crude futures rose 4 cents, or 0.06%,...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...