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Fri, Dec 26, 2025 09:35 AM All times are UTC

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Hong Kong’s Link to acquire Singapore real estate assets

Dec 31, 2022 21:11 pm UTC| Life Economy Business

Hong Kong real estate giant Link Reit is acquiring two Singaporean retail developments, Jurong Point and Swing By @ Thomson Plaza, for US$1.6 billion. Upon the transactions completion with the seller, Mercatus...

McDonald’s shutting in Bosnia and Herzegovina due to license woes

Dec 31, 2022 21:09 pm UTC| Economy Business Life

McDonalds stopped operating in Bosnia and Herzegovina last night and will keep its restaurants in the country closed until further notice due to license issues. The global fast food chain had its three restaurants in...

McDonald’s update on antibiotics policy hit as weaker approach

Dec 31, 2022 21:03 pm UTC| Health Economy Business

McDonalds Corp. has finally updated its antibiotics policy that calls for reduced antibiotic usage after a two-year delay. The fast-food giants new policy revealed in Decemebr follows guidelines set out by the World...

KOSPI down 24.9% in 2022 amid monetary policy tightening, recession

Dec 31, 2022 19:01 pm UTC| Economy Business

South Korean stocks ended the year 2022 down 24.9 percent to mark its first annual loss in four years due to global monetary tightening and economic recession woes. The benchmark Korea Composite Stock Price Index...

LG developing appliances using sleep analytics technology

Dec 31, 2022 18:13 pm UTC| Health Technology Economy Business

LG Electronics Inc. has collaborated with sleep-tracking software startup, Asleep, to develop smart home appliances that utilize sleep analytics technology. Under its memorandum of understanding with Asleep, LG will...

MBK acquires digital dental solution provider Medit

Dec 31, 2022 17:44 pm UTC| Business Economy Health

MBK Partners has acquired a 99.5 percent stake in Medit, a Seoul-based 3D dental scanner and solutions provider, from its largest shareholder, Unison Capital for 2.4 trillion won. The acquisition took place a month...

Volkswagen recalls 42,000 Beetles in N. America for airbag replacements

Dec 31, 2022 17:40 pm UTC| Business Economy Health

Volkswagen is recalling nearly 42,000 Beetles from the 2015 and 2016 model years in the US and Canada to replace their potentially dangerous Takata airbag inflators. According to the National Highway Traffic Safety...

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Economy

China to Tighten Crude Steel Output Controls and Export Regulation Through 2030

China has announced it will continue strict regulation of crude steel output and prohibit the addition of illegal new capacity from 2026 to 2030, reinforcing its long-term strategy to curb overcapacity and reduce carbon...

Asian Stocks and Gold Rally as Investors Chase Year-End Gains Amid Dollar Weakness

Asian stock markets climbed to their highest levels in six weeks on Friday, extending a strong year-end rally as investors looked to finish the year on a positive note. Despite thin trading volumes due to market holidays...

Gold and Silver Hit Record Highs as Safe-Haven Demand Surges Amid Global Uncertainty

Gold and silver prices surged to fresh record highs on Friday, extending a strong year-end rally as investors rushed into safe-haven assets amid escalating geopolitical tensions and a weakening U.S. dollar. Precious metals...

Platinum Surges to Record High as Supply Crunch and Policy Shift Drive Historic Rally

Platinum prices soared to a record high on Friday, marking one of the strongest rallies in the metals history as a combination of supply constraints, shifting investor sentiment, and an unexpected European Union policy...

China Revises 2024 GDP Lower After Final Review, Eyes Growth in 2025

Chinas economy in 2024 was officially revised downward following a final verification by the countrys statistics bureau, highlighting ongoing adjustments in the worlds second-largest economy. According to the latest...

Politics

Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

Japans government, led by Prime Minister Sanae Takaichi, has approved a record-breaking budget worth 122.3 trillion yen ($785 billion) for the next fiscal year starting in April, underscoring its attempt to balance...

White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

The White House is set to reveal new details about President Donald Trumps proposed East Wing ballroom during a federal commission hearing scheduled for early next month, according to official notices. The project, which...

Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

Ukrainian President Volodymyr Zelenskiy said on Thursday that he held an extensive discussion with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, focusing on possible ways to...

Kim Jong Un Signals Continued Missile Development as North Korea Plans Five-Year Military Modernization

North Korean leader Kim Jong Un has signaled that the country will continue to advance its missile capabilities over the next five years, underscoring Pyongyangs ongoing focus on strengthening its military deterrence....

US Airstrikes Target Islamic State Militants in Northwest Nigeria Amid Rising Security Concerns

The United States has carried out airstrikes against Islamic State militants operating in northwest Nigeria, according to a statement made by U.S. President Donald Trump on Thursday. The strikes were described as a direct...

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

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

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...