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Thu, Apr 02, 2026 02:53 AM All times are UTC

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Ssangbangwool underwear manufacturer joins acquisition bid for SsangYong Motor

Apr 05, 2022 06:47 am UTC| Business Economy

Ssangbangwool Group is now a new bidder to acquire the embattled SsangYong Motor. The bidding was opened again after Edison Motors was not able to take the company due to its failure to complete the acquisition payments on...

Nike roasted over ‘dumb’ marketing gimmick

Apr 04, 2022 20:55 pm UTC| Sports Economy Business

Nike published a couple of tweets as part of a marketing campaign for retiring basketball coach Mike Krzyzewski that left social media users confused. The first was a tweet by Nike Basketballs verified account that says...

South Korea’s cafes, restaurants face a barrage of complaints over ban on plastic cups

Apr 04, 2022 10:20 am UTC| Business Economy

The coffee shops and restaurants in South Korea are reportedly receiving complaints from customers after disposable cups and dishes were banned for diners. The establishments cannot do anything about the ban since it was...

KT, NHN set up respective cloud divisions

Apr 04, 2022 09:24 am UTC| Business Economy

South Korean companies, KT and NHN, will launch their cloud computing business and aim to offer services to the public. The cloud biz will be the companies subsidiaries and will each be named KT Cloud and NHN...

General Motors wins Canada's support for its multi-billion-dollar production plant investments

Apr 04, 2022 09:13 am UTC| Business Economy

General Motors has the support of Canada for the upgrading and conversion of its two plants in the country. Canada is officially announcing this week that it will help finance the Detroit, Michigan, headquartered...

China cancels tariffs on New Zealand wood, paper products

Apr 04, 2022 07:53 am UTC| Business Economy

China will remove tariffs on paper and wood products coming from New Zealand. The tax cut will be implemented starting April 7. The Ministry of Finance said on Sunday, April 3, that the move is part of Chinas upgrade to...

Tesla failed to re-open Shanghai factory as planned; Extends production suspension over COVID-19 surge

Apr 04, 2022 07:09 am UTC| Business Economy

Tesla was not able to open its factory in Shanghai this week due to the continuous surge of COVID-19 cases in the country. The plant was reportedly supposed to resume production today, April 4. According to Reuters, the...

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Economy

U.S. Stock Futures Steady Amid Iran Ceasefire Talks and Trump Address

U.S. stock index futures held steady Wednesday evening as investors turned their attention to a primetime address from President Donald Trump regarding a possible military de-escalation with Iran. The cautious tone in...

Trump Claims Iran Sought Ceasefire as Middle East War Escalates

Tensions in the Middle East reached a new flashpoint this week as U.S. President Donald Trump publicly claimed that a senior Iranian official requested a ceasefire, a statement Tehran swiftly and firmly rejected. The...

Oil Prices Slide as Iran Tensions Ease and U.S. Crude Stockpiles Swell

Oil prices continued their downward trend during Asian trading hours on Thursday, pressured by fading geopolitical risk and a larger-than-expected rise in American crude stockpiles. Brent crude futures for June delivery...

Gold Prices Surge as U.S.-Iran Ceasefire Talks Spark Market Optimism

Gold prices climbed sharply on Wednesday, marking the sixth gain in eight sessions as easing geopolitical tensions between the United States and Iran renewed investor appetite for the precious metal. Spot gold XAU/USD rose...

South Korea's Inflation Rises Modestly in March Amid Oil Price Pressures

South Koreas consumer inflation climbed at a slower-than-anticipated pace in March, offering mild relief even as surging global oil prices driven by the ongoing Iran war continued to weigh on the broader economy. The...

Politics

Congress Eyes Two-Bill Strategy to Resolve DHS Funding Crisis

Republican congressional leaders have unveiled a two-pronged legislative strategy to end the ongoing Department of Homeland Security funding deadlock, aiming to reopen the agency, ensure federal workers receive back pay,...

Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

President Donald Trump urged nations facing jet fuel shortages caused by Irans blockade of the Strait of Hormuz to simply purchase their supply from the United States. We have plenty, Trump posted on Truth Social. But...

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Science

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...