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Dan Lok, King of Closing Shows How To Stay Ahead Of A Financial Recession

Mar 29, 2021 03:11 am UTC| Business

When debt is manageable and jobs are stable, financial independence is a likely outcome. However, when markets adjust, significant fluctuations can occur. According to Dan Lok, The King of Closing, preparation is necessary...

McDonald’s starts offering vegan meat in China

Mar 27, 2021 10:36 am UTC| Business

McDonalds will begin serving vegan spam dubbed OmniPork Luncheon Meat as part of its breakfast menu in Shanghai, Guangzhou, and Shenzhen. The OmniPork Luncheon Meat was rolled out to 280 McDonalds locations in Hong Kong...

Samsung C&T awarded US$448 million deal to construct Singapore MRT section

Mar 27, 2021 04:24 am UTC| Business

Samsung CT Corp was awarded a US$448 million deal to build a section of Singapores Mass Rapid Transit (MRT) system: the Hougang interchange station and tunnels for the Cross Island Line. It would be the city states...

SK would rather settle matters in court than accept LG compensation demands

Mar 27, 2021 04:21 am UTC| Business

SK Innovation said it would rather settle things in court than accept LG Energy Solutions demands for damage compensation due to stolen battery technologies. LG is demanding at least 3 trillion won in settlement fees...

Mastercard fights inclusion of 14 million dead clients to UK class action

Mar 27, 2021 01:25 am UTC| Business

Mastercard is fighting off attempts to include about 14 million dead people as claimants to a $19.3 billion British class action on alleged overcharging that occurred between May 1992 and June 2008. Lawyer Mark Hoskins,...

Wavve to invest 1 trillion won for creating original OTT content

Mar 27, 2021 01:11 am UTC| Business

Wavve will invest one trillion won in producing original content by 2025 and allocate an additional sum to set up a production studio to oversee content planning and creation in the first half of this year. The board of...

Chinese smartphone maker Xiaomi to venture into electric vehicle production

Mar 27, 2021 01:05 am UTC| Business

Xiaomi Corps stock price rose over 9 percent in the afternoon Friday trade after it was reported to have plans to manufacture electric vehicles (EVs) using Great Wall Motor Co Ltds factory. Meanwhile, Great Walls Hong...

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Economy

Asian Currencies Steady as Dollar Weakens After Treasury Bond Buybacks

Asian currencies stabilized on Thursday following strong gains in the previous session, while the U.S. dollar remained under pressure as investors assessed Washingtons efforts to ease volatility in the Treasury bond...

Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief

Asian stocks rallied Thursday as easing pressure in U.S. bond markets and renewed strength in semiconductor shares lifted major regional indexes, with South Koreas KOSPI and Japans Nikkei leading gains. Investor sentiment...

US Treasury Buybacks Ease Global Bond Yield Surge

A surprise increase in U.S. Treasury buybacks helped cool a global surge in long-term bond yields on Thursday, offering markets temporary relief as concerns over inflation, government debt and fiscal deficits continued to...

Trump Eyes 15% Tariff on Canadian Auto Imports in New Trade Deal

The Trump administration is reportedly considering cutting tariffs on Canadian automobile imports to 15% from 25% as part of a broader U.S.-Canada trade agreement. In exchange, Canada would remove retaliatory trade...

US Treasury Doubles Long-Term Bond Buybacks as Yields Surge

The U.S. Treasury has doubled planned buybacks of long-duration government bonds in an effort to improve market liquidity after a sharp Treasury selloff pushed borrowing costs to multi-year highs. Under the revised...

Politics

Prince Harry and Meghan Markle Reportedly Plan UK Move With Children

Prince Harry and Meghan Markle are reportedly preparing to relocate to Britain with their two children this month, marking a significant return to the UK six years after the couple stepped back from their roles as senior...

Ukraine Names Yevhenii Khmara Defence Minister Amid Election Row

Ukrainian lawmakers appointed Yevhenii Khmara as the countrys new defence minister on Wednesday, deepening a major political shake-up as President Volodymyr Zelenskiy faces pressure over wartime elections and a fresh...

Trump Administration Allocates $206 Million for Gaza Peacekeeping Force

President Donald Trumps administration is allocating more than $206 million to support a proposed Gaza peacekeeping force, marking the first major U.S. financial commitment to its stalled Gaza reconstruction and security...

Israel, Syria Discuss Turkey’s Military Presence Before Airstrike

Israels Mossad chief Roman Gofman held a rare phone call with Syrian Foreign Minister Asaad al-Shaibani on August 14, with Turkeys growing military presence in Syria dominating the discussion, according to three people...

UN Chief Raises Concern Over US Sanctions on ICC Officials

United Nations Secretary-General Antonio Guterres has expressed serious concern over the United States decision to impose sanctions on International Criminal Court President Tomoko Akane and senior trial lawyer Abdoulaye...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits

Samsung Electronics is reportedly preparing a new shareholder return policy worth more than 100 trillion won ($71.75 billion), as booming demand for artificial intelligence chips drives expectations of record profits at...

SK Hynix Shares Surge on Record $28.6 Billion Buyback

SK Hynix shares staged a strong rebound on Thursday after the South Korean memory-chip giant announced a record 40 trillion won ($28.6 billion) share buyback and cancellation plan, providing fresh confidence to investors...

OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead

OpenAI reported an 18% increase in second-quarter revenue, but widening losses and rapid growth at rival Anthropic are adding pressure on the ChatGPT maker, according to The Wall Street Journal. OpenAI told investors that...

Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut

Unitree Robotics shares skyrocketed in their Shanghai stock market debut on Wednesday, highlighting surging investor interest in Chinas robotics and artificial intelligence sectors. The Chinese humanoid robot maker saw its...

Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks

Goldman Sachs has identified nine Japanese semiconductor and electronic components stocks it believes are well positioned for growth, particularly as artificial intelligence and data center demand accelerates. The bank...