On Monday, September 20, during a trading day on the Hong Kong stock exchange, the shares of Chinese developer Sinic collapsed by 87 percent. Experts point out that the shares collapsed due to the "domino effect", which was caused by the crisis of China's another developer giant, Evergrande. In 2020, Evergrande owner Hui Ka Yan was among the top three Chinese wealthy men. Today, however, the development company that he owns has found itself on the verge of default. Evergrande's debts are overwhelming and reach an astronomical amount of $302 billion. How did Hui Ka Yan lead his development empire to such a deep crisis? Evergrande is due to pay its investors $83 million on September 23rd. S&P Global believes that the Chinese government refuses to bail out the debt-stricken company. However, Hui Ka Yan is full of optimism. He assured his employees that his company will extricate from the crisis, although he did not specify how.

Many foreign companies, including oil and gas enterprises, are leaving the Russian market due to high risks associated with the sanctions war between Russia and the West. In addition, it will be too difficult for them to withdraw their income from Russia abroad, economist Marcel Salikhov believes. At the same time, oilfield service companies that used to work in Russia back during the days of the USSR, will stay in the country, he added, lenta.ru reports. It is up to company administrations to decide whether they want to leave the Russian market or not. The sanctions that were imposed on Russia following the military operation in Ukraine do not limit their participation in the Russian economy. Russia's response to Western sanctions may in one way or another affect the position of foreign companies in the country, especially with regard to strategic sectors of the economy. In addition, Putin banned foreign companies from withdrawing their funds abroad to parent companies. All this combined has tarnished the assets.

The losses that American, European and Japanese companies have suffered after they left the Russian market are evaluated at tens of billions of dollars, RIA Novosti reports. Since the beginning of the special operation in Ukraine to the present, foreign companies have lost a total of $70 billion. Companies of the fuel and energy complex have suffered the biggest losses. Many companies in this sector have deconsolidated and devalued Russian assets by ceasing to report the results of their activities in the country, they have not completely stopped working in Russia. For example, the UK-based BP, having made a number of statements about its decision to withdraw from Russian projects, was forced to retain shares in local assets. According to Putin's decree from August 5, shareholders from unfriendly countries will no longer be able to make transactions with shares in companies of strategic significane, fuel and energy companies and banks without the consent of the state. In its report for the first quarter of 2022, BP depreciated Russian assets in the amount of $25.5 billion, but it did not take practical steps to exit the projects.

Check Point Research (CPR) has released a report revealing that ransomware remains the top cyber threat. RansomHub has quickly emerged as the fastest-growing group, operating through Ransomware-as-a-Service (RaaS).

72% of FTSE 100 companies list threats to their supply chains amongst their principal risks, shows new research by supply chain management consultancy INVERTO, part of Boston Consulting Group.

RAIN Alliance, the non-profit industry organisation supporting the development and adoption of Ultra High Frequency (UHF) Radio Frequency Identification (RFID), has announced that 44.8bn RAIN RFID tag chips were shipped globally in 2023.This figure represents year-on-year growth of 32%, and reflects increasing demand across a variety of industries....

Checkout finance provider, Divido, has launched two new product capabilities ‘Divido Analytics’ and ‘Split Capability’, allowing merchants to have greater understanding and flexibility over their checkout finance experience.

BIXOLON Europe GmbH, a subsidiary of BIXOLON the global manufacturer of advanced receipt, label and mobile printers, has launched its SRP-330III thermal point-of-sale printer series for all ticketing and receipting operations in the retail, hospitality and transportation sectors, an enhancement of the previous SRP-330II.

Lexmark has introduced the 9-Series printers and MFPs, built with versatility, sustainability and ease of use in mind. They are also reliable, durable, affordable and Secure by Design. Built by evolving Lexmark’s renowned A4 technology, the 9-Series is squarely focused on delivering versatility, simplicity and sustainability.

There's an interesting story in Time about some modern inhabitants of the Indonesian island of Flores who are extremely small and live near the Liang Bua cave where Homo floresiensis was found. Interestingly, they seem to think their ancestors lived in the Liang Bua cave. The scientists who think that the hobbit was merely a microcephalic small modern human are of course greatly heartened by this development, but the scientists who discovered the hobbit are standing firm that it is a new species, and presumably find it merely coincidental. A quote from one of them: "Of course, there are small-bodied people on Flores, but they don't have brains one-third the size of ours, or unusually shaped pelvises or very long arms like H. floresiensis. This controversy doesn't look like ending any time soon.

Added July 25, 2006:

Updated July 25, 2006: Young-Earth creationists consider the helium diffusion studies of D. Russell Humphreys and others to be one of their greatest achievements in arguing for a 6,000 year old Earth. A geologist shows that these studies are extensively flawed and include: serious miscalculations in their data, sampling the wrong rock type, failing to eliminate possible contamination, using equations that are based on invalid assumptions and relying on questionable data. Appendices C and D have been added in response to Dr. Humphreys' most recent statements in his January 2006 "Trueorigins" essay.

AI-Media - the global provider of audiovisual encoding technology and AI-driven transcription and translation solutions, and Speechmatics - the provider of speech recognition technology, have announced a strategic expansion of their multi-year partnership to deliver new and better AI-driven products to market.

British Business-to-Business (B2B) companies take on average 32 days to collect, collate and enrich all the necessary data for a new product launch, significantly impacting UK productivity and go-to-market times, according to research conducted by Akeneo, the Product Experience (PX) Company and leading provider of Product Information Management (PIM) solutions.

The use of biologic and targeted therapies for children with juvenile idiopathic arthritis (JIA) surpassed more typical therapies in recent years, according to Rutgers Health researchers.

Coordinated power shutoffs could help control the wildfires spreading across New York and New Jersey, according to a Virginia Tech expert. These shutoffs could mitigate the risk posed by unseasonably dry conditions and challenging terrain, both of which have made containment efforts especially difficult, said Professor Ali Mehrizi-Sani, a Virginia Tech electrical engineering researcher.

As population growth and extreme temperatures strain the United States power grid, utilities and equipment manufacturers are looking for ways to increase the amount of electricity the grid can carry. The Powerline Conductor Accelerated Testing Facility, or PCAT, located at the Department of Energy's Oak Ridge National Laboratory, is one of the only facilities in the country where companies can try out new transmission line technologies for long time periods in extremes of wind, weather, temperature and electrical load conditions.

The use of biologic and targeted therapies for children with juvenile idiopathic arthritis (JIA) surpassed more typical therapies in recent years, according to Rutgers Health researchers.

Global public debt may soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by 2030. New research from a Notre Dame economist suggests that this could happen even sooner, thanks to countries' hidden debts. This misreported debt can lead to higher interest rates for borrowers and lower recovery rates for lenders, suggesting indirect adverse effects on global financial stability and consumer welfare.

University of Florida cybersecurity professor Kevin Butler developed the framework, which spells out guidance for countries to prevent fraud and abuse on mobile cash apps.

[Domestic] :
The number of female executives in the country's top 100 companies has reached a record high. According to global headhunting firm Unico Search on Monday, the number of female executives in South Korea's top 100 companies reached 463 this year, up five-point-five percent, or 24 from last ...

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[Domestic] :
A death from whooping cough or pertussis has been reported in South Korea for the first time since the government began compiling related data in 2011. According to the Korea Disease Control and Prevention Agency(KDCA) on Tuesday, an infant less than two months old died from the disease on November 4. The ...

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[Politics] :
The average prices of gasoline and diesel both increased for the fourth consecutive week. According to the Korea National Oil Corporation's(KNOC) price information system Opinet on Saturday, the average price of gasoline rose 13-point-one won on-week to one-thousand-613-point three won per liter, or ...

[more...]

[Politics] :
Myung Tae-kyun, a self-proclaimed political consultant and a key figure in a high-profile scandal involving the president and first lady, appeared for questioning for the second consecutive day. Prior to interrogation by the Changwon District Prosecutors' Office on Saturday, Myung once again denied ...

[more...]

[Politics] :
Massive rallies by labor and civic groups are set to take place in Seoul on Saturday afternoon. The Federation of Korean Trade Unions(FKTU), one of the nation's two umbrella groups, staged a rally in Yeouido at 2 p.m., denouncing what it calls the government's "anti-labor policies." The other umbrella ...

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[Politics] :
Myung Tae-kyun, a self-proclaimed political consultant and a key figure in a high-profile scandal involving the president and first lady, was questioned by the prosecution for the second consecutive day on Saturday. The Changwon District Prosecutors' Office grilled Myung for over 12 hours on Saturday ...

[more...]

[Politics] :
Labor and civic groups held massive anti-government rallies in Seoul on Saturday afternoon. The Korean Confederation of Trade Unions (KCTU), one of the nation's two umbrella groups, staged a rally along with civic groups starting at 4 p.m. near Deoksu Palace and some of the protesters clashed with ...

[more...]

[Inter-Korea] :
A group representing families of South Koreans abducted by North Korea called off plans to send anti-Pyongyang propaganda leaflets north of the border, amid opposition from residents and the presence of law enforcement officers. Choi Seong-ryong, the head of the association, announced the decision Thursday ...

[more...]

[Inter-Korea] :
Kim Yo-jong, the powerful sister of North Korean leader Kim Jong-un, declared that the regime will continue to bolster its nuclear capabilities in protest of criticisms from the international community. In a statement carried by the North's Korean Central News Agency(KCNA) on Saturday, Kim ...

[more...]

[Inter-Korea] :
North Korea and Russia have accused the United States and its allies of escalating tensions on the Korean Peninsula, with Moscow expressing its full support of the North's measures against the United States. Pyongyang and Moscow released press statements on Saturday, a day after a strategic dialogue ...

[more...]

[Inter-Korea] :
North Korea has reportedly ratified a treaty to establish a strategic partnership with Russia that includes a defense provision. The North’s state-run Korean Central News Agency(KCNA) said Tuesday that the treaty was ratified as a decree of the president of the state affairs of North Korea, which refers ...

[more...]

[Sports] :
The Kia Tigers have won the regular-season title in the Korea Baseball Organization(KBO), heading straight to the Korean Series. The Tigers were defeated by the SSG Landers 2-0 Tuesday but secured the regular-season title as second-place Samsung Lions lost 8-4 to the Doosan Bears. With seven games ...

[more...]

[Sports] :
The Samsung Lions beat the Kia Tigers on Friday in the third game of the Korean Series, to grab their first victory in the best-of-seven series.  Samsung beat Kia 4-2 in Game 3 held at the Samsung Lions Park in Daegu, securing a win after suffering two losses.  The feat comes after Denyi Reyes ...

[more...]

[Sports] :
Anchor: After a battle in Game 5 of the 2024 Korean Series, the Kia Tigers came out on top, defeating the Samsung Lions 7-5 at the Gwangju-Kia Champions Field on Monday to win their 12th Korean Series championship. Coming back from behind, the Tigers clinched silverware in front of home fans for the first ...

[more...]

[Sports] :
The sports ministry recommended on Tuesday that the Korea Football Association(KFA) take strong disciplinary action against its executives following an audit of the governing body. Following the monthslong audit, the ministry concluded that at least suspensions would be necessary for KFA President Chung ...

[more...]

[Science] :
Overcast skies are forecast nationwide Monday, with showers expected in the south of the country and parts of the central region. According to the Korea Meteorological Administration, overcast conditions and rain are to continue Tuesday. The southernmost island of Jeju is expected to see about 120 ...

[more...]

[Science] :
More than a third of all tree species around the world face extinction due largely to climate change and deforestation. Citing a report from the International Union for the Conservation of Nature(IUCN), CBS News said 38 percent of tree species are at risk, threatening ecosystems, plants, animals and ...

[more...]

[Science] :
South Korea and the United States will conduct joint studies related to the Artemis moon exploration program. According to the Korea AeroSpace Administration on Wednesday, it has signed a study agreement on the Artemis program with U.S. National Aeronautics and Space Administration(NASA). The agreement ...

[more...]

[Politics] :
National security adviser Shin Won-sik said South Korea is no longer the sole beneficiary of the South Korea-U.S. alliance, pledging to defend the country’s core interests as a partner state that contributes to regional and global security and prosperity. In a keynote speech at the 2024 Global Dialogue ...

[more...]

[Politics] :
The Navy flew a fixed-wing drone from one of its vessels for the first time as part of its efforts to advance technology for unmanned aerial vehicles. The Navy said a prototype of the Mojave drone, developed by the U.S. firm General Atomics Aeronautical Systems, took off Tuesday from the 14-thousand-ton ...

[more...]

Looking for a career change, or just trying to make some extra cash on the side? You may be able to leverage talents that you already have and put them into your own hustle, or maybe you're simply on the hunt for the easiest business to start.

The world’s biggest companies don't just shape the global economy in an abstract sense; they provide the products and services that make modern life more convenient and connected than ever before. They set trends, drive innovation and set the course for smaller companies in every sector from technology to healthcare to finance.

Despite ongoing efforts to improve safety, many cities in the United States continue to face high crime rates, posing significant challenges for the residents and city officials. But which are the most dangerous cities in the U.S.?

Economists have historically used GDP per capita to determine the richest country in the world, but that's misleading when you consider the tax havens effect.

[International] :
South Korea, the United States and eight other countries have expressed “grave concerns” about the deployment of North Korean troops to Russia, saying Pyongyang’s direct support for Moscow’s war in Ukraine would be a “dangerous” expansion of the conflict. The top diplomats of ten countries and ...

[more...]

The most dangerous cities in the world are a major concern for residents, visitors, law enforcement and policymakers. While crime exists everywhere, some cities statistically experience consistently high crime levels. We turned to Statista, a global data and business intelligence platform, to find the hard numbers on the murder rate per capita in cities worldwide.

Assessing racial equity globally is complex, involving policies, cultural attitudes and systemic issues that impact minority communities differently across regions.

Former countries that start with "O" include Orange Free State and Oldenburg but these states have since dissolved. There is now one remaining holdout between Asia and Africa: the Sultanate of Oman.

Islam is one of the world's largest religions, practiced by over 1.9 billion people across the globe — that's nearly a quarter of the world population. The world's Muslims are spread out across the globe, but the largest Muslim population is in the Middle East and other surrounding regions.