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Fri, Dec 05, 2025 05:38 AM All times are UTC

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Samsung’s Sharp Memory Chip Price Surge Signals Soaring AI-Driven Demand

Nov 17, 2025 02:41 am UTC| Business Technology

Samsung Electronics has significantly raised prices on several memory chips this month, with some DDR5 modules jumping as much as 60% compared to September. The sharp increase highlights the intensifying global demand for...

Samsung Shares Jump as Company Announces Massive ₩450 Trillion Investment Plan

Nov 17, 2025 02:34 am UTC| Technology Business

Shares of Samsung Electronics opened more than 3% higher on Monday after the tech giant revealed an ambitious plan to invest 450 trillion won (approximately $310 billion) in South Korea. The investment, set to be rolled...

South Korea’s Tech Giants Boost Domestic Investments Amid U.S. Trade Deal Concerns

Nov 17, 2025 02:30 am UTC| Technology Business Politics

South Koreas leading manufacturers, including Samsung Electronics and Hyundai Motor Group, announced major domestic investment plans on Sunday as concerns grow that a new U.S. trade agreement could divert capital away from...

Tesla Extends Deadline with Syrah Resources Amid Graphite Supply Dispute

Nov 17, 2025 02:28 am UTC| Business

Australias Syrah Resources has once again secured an extension from Tesla to address an alleged default in their graphite supply agreement, marking the second deadline shift in just two months. The miner confirmed that the...

FAA Lifts Domestic Flight Cut Mandate as Staffing Stabilizes

Nov 17, 2025 02:17 am UTC| Governance Business

The Federal Aviation Administration announced late Sunday that it will end its mandated cuts on domestic flights at 40 major U.S. airports starting at 6 a.m. ET Monday. The decision comes as air traffic control staffing...

Shiseido Shares Tumble as China Issues Travel Warning to Japan

Nov 17, 2025 02:04 am UTC| Business

Shares of Japanese cosmetics leader Shiseido (TYO:4911) plunged more than 11% on Monday after Beijing advised Chinese citizens to avoid traveling to or studying in Japan, further intensifying the diplomatic tension between...

Peter Thiel Dumps Entire Nvidia Stake Amid Growing AI Bubble Fears

Nov 17, 2025 01:55 am UTC| Business Technology

Billionaire investor Peter Thiel has completely exited his position in Nvidia, intensifying market chatter about a potential AI-driven bubble in technology valuations. According to recent Form 13F filings from his Thiel...

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Economy

Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets

Most Asian currencies held steady on Thursday after modest gains, as markets continued to price in the possibility of a Federal Reserve rate cut next week. The US Dollar Index edged 0.1% higher following an overnight dip...

Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains

Asian stock markets traded mostly subdued on Thursday, mirroring the modest uptick seen on Wall Street as investors positioned themselves ahead of next weeks Federal Reserve meeting. Market sentiment remained cautiously...

China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai

Taiwan President Lai Ching-te has urged Chinese President Xi Jinping to direct his focus toward revitalizing Chinas weakening economy rather than pursuing territorial expansion, highlighting widening economic contrasts...

IMF Deputy Dan Katz Visits China as Key Economic Review Nears

International Monetary Fund Deputy Managing Director Dan Katz is making his first trip to China since leaving his position as chief of staff to U.S. Treasury Secretary Scott Bessent, marking a significant moment ahead of...

Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut

The U.S. dollar fell to a five-week low on Thursday as Asian stocks opened the trading day with muted performance, reflecting growing expectations that the Federal Reserve will cut interest rates at its meeting next week....

Politics

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

An Irish naval vessel detected as many as five drones operating close to the flight path of Ukrainian President Volodymyr Zelenskiys aircraft as he arrived in Ireland for a state visit, according to local media reports on...

Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

California Launches Portal for Reporting Alleged Misconduct by Federal Immigration Agents

California has introduced a new online portal that enables the public to submit videos, photos, and other evidence of potential misconduct by federal immigration agents. The initiative comes as immigration enforcement...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...