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BRUSSELS — Apple has said it would not ship its overhauled AI assistant on its devices in the EU, pinning the holdout squarely on Europe’s Big Tech market dominance rules.
Denim giant claims trademarked design has been copied by S-Double, which was founded in 2008 by Shawn Stussy and is owned by the Melbourne-based clothing company
Cuba was shaken by a powerful offshore earthquake on 8 June, measuring about 6.1 in magnitude and felt across Havana, prompting precautionary evacuations from office buildings and high rise properties throughout the capital. Authorities reported no immediate injuries or significant damage. Among the buildings evacua…
Indonesia' central bank hiked its policy rate by 25 basis rates as it seeks to strengthen the local currency that has plummeted to record lows.
A Windrose cab in San Francisco: The electric truck startup has run into challenges in its efforts to crack the U.S. market. (Windrose)
For South Korea and Japan, cooperation is no longer a diplomatic choice but an economic necessity, SK Group Chairman Chey Tae-won said Tuesday, urging the two countries to build a permanent platform to tackle shared challenges.
SEOUL, June 9 (Yonhap) -- The South Korean won strengthened sharply against the U.S. dollar to its strongest level in five sessions Tuesday following strong verbal interventions by financial authorities.
Bank Indonesia held an emergency meeting on June 9, after which it moved to help stabilize the country's currency. © Reuters
In Zaporizhzhia, regional authorities said two women were killed and 18 people were injured, including four children, after a strike hit a residential area. Emergency crews evacuated residents, treated the wounded and worked to extinguish fires sparked by the attack. Apartment blocks, homes, vehicles and market kios…
The highly anticipated SpaceX mega-IPO is part of a space frenzy that is moving beyond satellite connectivity, launch vehicles, and aerospace defense to the pharmaceutical sector. A growing number of companies are heading to lower Earth orbit to make medicines in zero gravity.
Zenith Minerals has agreed to an off-market scrip takeover by Forrestania Resources in a savvy corporate action that values the company at $93.5 million.
Back when the administration of Barack Obama was negotiating a nuclear agreement with Iran, I asked National Security Council officials why they were expending economic leverage plus political and diplomatic resources on stopping Iran from developing a bomb it didn’t have, when these same resources could have been m…
Energy is moving from the margins to the core of business operations. Across manufacturing, warehouses, logistics facilities and commercial sites, businesses are reassessing how energy is used, driven by electrification, rising costs and the growing need to manage energy more strategically.
Taxonomy-based lending, AI screening aim to verify environmental impact
At a time when electric vehicle sales growth in China has been slowing, BYD expects the country's EV market to expand — quite in contrast to smaller rival Nio that recently said the industry's "golden era" was over.
South Korea’s economic and trade cooperation agreement with Jordan has gone into effect, the Foreign Ministry said Tuesday.
A deal to rescue iconic retailer Barbeques Galore from administration has collapsed, with up to 500 jobs to go as the group synonymous with Australia’s barbecue culture prepares to shut its remaining company stores in the coming weeks.
Kuniko is charging back into the field at its high-grade Commonwealth gold-silver-copper project 80 kilometres north of Orange in New South Wales after securing top-tier contractor Titeline Drilling for a significant diamond drilling campaign starting in early July.
Bank Indonesia held an emergency meeting on June 9, after which it moved to help stabilize the country's currency. © Reuters
Bank of Japan Gov. Kazuo Ueda speaks to reporters on April 28. (Photo by Nanami Sato)
Rolling coverage of the latest economic and financial news, as the AI trade bounces back
SEOUL, June 9 (Yonhap) -- Samsung Electronics Co. said Tuesday it will fundamentally transform its work processes and corporate culture by fully integrating artificial intelligence (AI) across its operations.
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
SEJONG, June 9 (Yonhap) -- South Korea's finance ministry on Tuesday reiterated its commitment to tackling speculative trading that disrupts market order amid the recent slide of the Korean won against the greenback.
Horizon Gold has been busy stacking up new ounces at its Gum Creek gold project with a raft of high-grade drilling hits emerging from deposits clustered near its planned processing hub south of Sandstone. The lift could potentially set the stage for a resource boost beyond the base case outlined in its upcoming feas…
Bank of Japan Gov. Kazuo Ueda speaks to reporters on April 28. (Photo by Nanami Sato)
One of the nation’s biggest lenders believes the Reserve Bank has finished inflicting more pain on borrowers, predicting rate cuts are coming to prop up an economy struggling to deal with high inflation, the war against Iran and the fallout from the federal government’s budget tax changes.
North Korean leader Kim Jong Un and China's Xi Jinping agreed to expand cooperation in the areas of politics, economy, and culture at a summit in Pyongyang that opened a new chapter in ties, the North's official KCNA news agency said on Tuesday.
Woori Bank said Tuesday that its London trading center has secured approval from UK regulators to sell derivatives products to clients and conduct securities operations, advancing the lender's push to expand its capital markets business in London.
HiteJinro said Tuesday that its flagship soju brand, Jinro, was named the world's bestselling spirit for the 25th consecutive year by UK-based trade publication Drinks International.
South Korean Foreign Minister Cho Hyun held talks Monday with Bolivian counterpart Fernando Hugo Aramayo Carrasco to discuss key bilateral issues, areas of cooperation and international affairs, Seoul’s Foreign Ministry said Tuesday.
The U.S. Department of Defense has called out a number of Chinese companies for purportedly supporting China's efforts to strengthen and modernize its military. (Nikkei montage/Source photos by Reuters)
A popular website that followed Nvidia chief Jensen Huang's movements across Korea from Friday to Monday, pairing each stop with the share prices of related Korean firms, was built in about six hours by a college student using AI coding tools.
Crypto specialist Binance is expanding into stock trading as digital currencies slump. © Reuters
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The global economy is missing about $2.2 trillion in annual gross domestic product because of the US-Iran war, and that sum would increase the longer the conflict drags on, a new study has found.
ChatGPT maker OpenAI confidentially filed for a US initial public offering recently, the company said on Monday, joining rival Anthropic in a push towards the stock market as investors seek exposure to the artificial intelligence boom.
A Bangladeshi government review found between 7.7 gigawatts and 9.5 GW of stranded or structurally underutilized capacity, and it estimated that stranded capacity alone could cost up to 165 billion taka ($1.33 billion) a year through capacity payments. © Getty Images
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UK pharmaceutical group GSK is in talks to acquire oncology biotech Nuvalent for more than $9 billion, in what would be the British drugmaker's largest acquisition in more than a decade, the Financial Times reported Tuesday.
Kim Ha-seong's standing within the Atlanta Braves has become increasingly uncertain as his bat has gone cold.
Olympio Metals has kicked off phase three diamond drilling program at its Bousquet gold project in Quebec, Canada, as it seeks to determine whether a bonanza-grade hit from March is the first step towards a much larger gold system.
Viking Mines has uncovered a potentially valuable source of near-surface tungsten at its Linka project in Nevada, with sampling confirming a historic stockpile left behind by previous operators still carries grades comparable to those mined during the project’s heyday.
Chariot Resources has launched a major land expansion at its US Resurgent lithium project, in an astute move that will nearly double its footprint within one of the world’s premier battery metal districts.
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
The United States Court of International Trade is seen in front of the Jacob K. Javits Federal building in this, March 18, 2015 photo, in New York. (AP Photo/Mary Altaffer, file)
Question: A few months ago, it felt like developers were launching something every other week. Now, it has gone noticeably quieter. Are developers holding back just because of the conflict and should buyers see that as a warning sign? OS, Dubai
The Israeli government is offering a grant of up to NIS 72,000 to new teachers and psychologists in the Gaza border area, according to a joint announcement by the Financial Ministry's Wages and Labor Agreements Department, the Education Ministry, and the Tekuma Administration.
PARIS – Nintendo said Monday that it would pay a fine of €35 million ($40 million) to settle a French claim over faulty controllers on its Switch consoles.