A Kuaizhou-1A rocket blasts off from the Jiuquan Satellite Launch Center, northwest China, January 5, 2024. /CMG A Kuaizhou-1A carrier rocket carrying four meteorological satellites blasted off at 7:20 p.m. Beijing Time from the Jiuquan Satellite Launch Center in northwest China on Friday. The satellites successfully entered their designated orbit, marking the first win for China's space...
Issuers of spot Bitcoin (BTC) exchange-traded funds (ETF) have made significant progress toward regulatory approval. According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has provided positive feedback on key filings and requested no additional feedback on the paperwork for several applications. The agency’s commissioners plan to vote on the exchange-rule filings this week. At least one applicant,...
JOHOR BARU: The number of flood victims in Johor has reached 3,322 people, with six districts affected as of 8pm on Sunday (Jan 7). According to the state disaster management committee, the highest number of victims is at Kota Tinggi, with 1,638 people evacuated from their homes. “The other affected districts are Kluang with 863 victims, followed...
TOKYO : Toyota Motor said it would restart its Japanese vehicle plants on Monday but, given the impact of the New Year's Day earthquake, would decide separately about operations from Jan. 15. As aftershocks are continuing from the magnitude 7.6 quake that ravaged Japan's western coast and many of its suppliers and their affiliates are in...
Honda Motor Co is considering building an electric vehicle plant in Canada in a near ¥2 trillion (US$13.83 billion) project that could possibly include in-house production of batteries, Japan's Nikkei news group reported on Sunday (Jan 7). The project could be one of Honda's largest investments, the report said. The Japanese automaker is looking at multiple potential...
SEMARANG: Indonesian police have intercepted a truck carrying more than 200 dogs shackled and bound for the slaughterhouse, authorities said, in the latest victory for activists who oppose eating dog meat. The vehicle was detained late Saturday night (Jan 6) in Semarang city on the island of Java, where the imperilled pooches were discovered in the bed...
BRUSSELS: Belgian politician Charles Michel has announced he will step down early as European Council president after he runs in the European Parliament elections set for June. "I've decided to stand as a candidate for the European elections in June 2024," he told Belgian media. The surprise move is likely to heighten speculation about who will be the...
SINGAPORE: Lazada has apologised to the union representing their workers for not consulting it prior to its latest retrenchment exercise. In a joint statement on Saturday (Jan 6), the National Trades Union Congress (NTUC) and its affiliate Food Drinks and Allied Workers Union (FDAWU) said that the FDAWU has accepted Lazada’s apology. "Both parties have agreed to work closely together and to put workers’...
WASHINGTON: US-based Alaska Airlines grounded all its Boeing 737 MAX 9 planes on Friday (Jan 5) after a flight with 177 people onboard made an emergency landing in the state of Oregon, with passengers saying a window panel blew out after takeoff. Flight 1282 departed from Portland International Airport on Friday evening before returning safely around...
Elon Musk can make Tesla a national champion Tesla and SpaceX's CEO Elon Musk gestures during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain NEW YORK, Jan 5 - On its own, the $745 billion Tesla (TSLA.O) ceding the global electric-vehicle sales crown to China’s BYD (002594.SZ) isn’t catastrophic. But straining profit and growing trade protectionism risk...
