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Electric Vehicle Series

S. Korean, Japanese EV battery makers lose market share to Chinese rivals

Mar 31, 2021 23:42 pm UTC| Economy

The global market shares of South Koreas three electric vehicle (EV) battery makers LG Energy Solution, Samsung SDI Co., and SK Innovation Co dropped in the first two months of the year despite increases in shipments due...

India blocks China’s ByteDance’s bank accounts over tax evasion case

Mar 31, 2021 09:05 am UTC| Business Economy

Chinas ByteDance, TikToks parent company, has been accused of tax evasion in India, and as a result, the government blocked two of its bank accounts. The Chinese internet company immediately asked the court to revoke the...

Xiaomi ventures into EV business with $1.5 billion investment

Mar 31, 2021 07:21 am UTC| Business Economy

Xiaomi just confirmed its foray into the EV business and revealed it is investing $10 billion that will be used in the next 10 years. In its investor filing, the Chinese electronic company stated it would build a...

Japan seeks Taiwan's cooperation in alternative chip production after Renesas fire

Mar 31, 2021 00:17 am UTC| Economy

Japan has asked some Taiwanese manufacturers to cooperate in an alternative production of semiconductors after a chip plant owned by Renesas Electronics Corp. was hit by a fire this month. The Japanese government has...

IMF raises 2021 growth projection for S. Korea from 3.1% to 3.6%

Mar 26, 2021 02:58 am UTC| Economy

The International Monetary Fund (IMF) raised its growth forecast for South Korea from its estimate in January of 3.1 percent to 3.6 percent, citing robust exports and the countrys fiscal policy support. The revision was...

Intel to challenge Samsung, TSMC in chipmaking, foundry biz

Mar 25, 2021 23:42 pm UTC| Economy

Intel Corp. is challenging foundry sector leaders Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co. with plans of significantly expanding its advanced chip manufacturing capacity and jumping into...

S. Korean regulator fines 4 auto parts makers 82 billion won over price collusion

Mar 25, 2021 01:33 am UTC| Economy

The Korea Fair Trade Commission (KFTC) fined four auto parts producers a combined 82.4 billion won for colluding to fix bidding prices of vehicle parts in 99 rounds of bidding by Hyundai Motor Co. and its affiliate Kia...

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Economy

German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise

German short-term borrowing costs climbed sharply on Tuesday as investors increased bets that major central banks will keep monetary policy restrictive to combat energy-driven inflation. Germanys policy-sensitive two-year...

US Futures Fall as Fed Meeting, Oil Surge Rattle Markets

U.S. stock futures moved lower Tuesday as investors prepared for the Federal Reserves two-day policy meeting while escalating Middle East tensions pushed oil prices above $105 a barrel and lifted Treasury yields. Dow...

UK Wage Growth Slows as BoE Rate Decision Looms

Britains labour market remained weak heading into the Bank of Englands latest interest rate decision, with job vacancies falling to a four-year low and wage growth staying subdued. Average weekly earnings excluding bonuses...

Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions

The Japanese yen weakened further on Tuesday, retreating from a seven-month high as investors prepared for key interest rate decisions from the Federal Reserve and Bank of Japan later this week. USD/JPY climbed 0.24% to...

China Industrial Output Beats Forecasts as Exports Support Growth

Chinas industrial production grew faster than expected in August, supported by resilient overseas demand for Chinese exports even as other indicators pointed to continued weakness across the worlds second-largest economy....

Politics

Ukraine Races to Counter Russia’s Faster Jet-Powered Drones

Ukraine is scrambling to develop new air-defense weapons as Russia dramatically expands its use of fast, jet-powered attack drones that are proving difficult for existing interceptor systems to defeat. A Ukrainian military...

What is Zionism? The different meanings of a contested term

Haverford, a small liberal arts college in Pennsylvania, has become the latest U.S. school to settle a lawsuit over how it handled allegations of antisemitism. In a statement on Aug. 7, 2026, its president, Wendy Raymond,...

Lula, Flavio Bolsonaro Deadlocked in Brazil Election Polls

Brazilian President Luiz Inacio Lula da Silva and right-wing Senator Flavio Bolsonaro are locked in a statistical tie in potential runoff matchups ahead of Brazils presidential election next month, according to two polls...

Judge Blocks Trump Rule Limiting Foreign Student Visas

A federal judge has blocked the Trump administration from enforcing a new immigration rule that would restrict how long foreign students, exchange visitors and journalists can remain in the United States without seeking...

Trump Rejects Calls for Tougher AI Regulation

President Donald Trump pushed back against growing calls for stricter AI regulation on Monday, arguing that the United States already has sufficient safeguards to police artificial intelligence companies and prevent...

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

Rosenblatt Starts Nokia at Buy on AI Networking Growth

Rosenblatt initiated coverage of Nokia with a Buy rating and a $15 price target, citing the companys growing exposure to artificial intelligence infrastructure and strong position in optical networking. Analyst Mike...

MediaTek Unveils 2nm Dimensity 9600 Pro AI Chip

Taiwans MediaTek has unveiled its latest flagship smartphone processors, including its first chip manufactured with TSMCs advanced 2-nanometre technology, as the company pushes deeper into premium handsets and on-device...

Qualcomm Gains on $60B Amazon AI Chip Deal

Qualcomm (NASDAQ: QCOM) has emerged as one of the strongest performers in Investing.coms AI-powered Strategies portfolio after securing a major artificial intelligence infrastructure partnership with Amazon Web Services....

Cathie Wood Backs AI Slowdown as Safety Concerns Grow

ARK Investment Management founder Cathie Wood has welcomed calls from leading artificial intelligence executives to slow the rapid advancement of AI technology, arguing that greater scrutiny could help protect the industry...

Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat?

Over the weekend, Anthropic chief executive Dario Amodei called for artificial intelligence (AI) companies, including his own, to slow down their work. Sam Altman and Elon Musk, heads of rivals OpenAI and xAI respectively,...