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Wed, Sep 16, 2026 04:13 AM All times are UTC

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S.Korean Firms to Cut Workforce if Virus-Triggered Woes Continue

May 18, 2020 09:03 am UTC| Economy

A third of South Koreas firms may layoff workers if the economy does not significantly recover from the pandemic, based on a poll conducted by the Korea Economic Research Institute. Out of the 120 companies surveyed, 30...

Major S. Korean Business Groups Boost Q1 Spending by 22%

May 18, 2020 09:00 am UTC| Business Economy

South Koreas 59 major business groups increased spending in the first quarter of the year by 22 percent to reach 21.78 trillion won from 17.84 trillion won a year earlier. The data was based on the expenditures of 373...

S. Korea Luring Businesses Back Home by Easing Factory Regulations

May 18, 2020 07:50 am UTC| Economy

South Korea is wooing firms with overseas plants to reshore by easing regulations on the construction of factories in the countrys metropolitan area. According to the finance ministry, it is reviewing measures to...

China, South Korea Persuading Japan to Ease Business Travel Restrictions

May 18, 2020 07:48 am UTC| Economy

South Korea and China are coordinating with Japan about fast-tracking the entry of business people who tested negative for COVID-19 before departure and after arrival. Japans Foreign Ministry has not commented on the...

Daewoo Shipbuilding Leans on One-Off Gain to Push Q1 Net Up 24%

May 18, 2020 07:46 am UTC| Economy

Daewoo Shipbuilding Marine Engineering Co.s (DSMEs) first-quarter net profit rose 24.2 percent to 243 billion won from the previous years 195 billion won due to one-off gains and a weak won. The companys operating...

Moody's Expects Modest Plunge in Auto Sales for 'Standout Performer' S. Korea

May 15, 2020 06:08 am UTC| Economy

Moodys Investors Service forecasts that South Korea will sell more in the secondary auto markets than other countries this year. According to Moodys, South Korea was the standout performer for electing against the...

Seoul Stocks Close 0.8% Lower Due to Bleak Economic Perspective

May 15, 2020 05:32 am UTC| Economy

The benchmark Korea Composite Stock Price Index (KOSPI) closed 0.80 percent lower at 1,924.96 on Thursday due to a grim forecast for global economic recovery amid the pandemic. On top of that, there were also concerns...

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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,...