Philippines Set for First Coal Power Decline in 17 Years
The Philippines is on course for its first annual decline in coal-fired electricity generation in nearly twenty years, according to market and government data, driven by increased power production from liquefied natural gas (LNG). Despite having Southeast Asia’s most coal-dependent grid, the country’s non-subsidized electricity tariffs are the second highest
China Begins Building the World’s Largest Hydropower Dam in Tibet
China’s Premier Li Qiang announced the commencement of construction on what will be the world’s largest hydropower dam. The project, situated on the eastern edge of the Tibetan plateau, is estimated to cost approximately $170 billion, according to Xinhua news agency. The dam, comprising five cascade hydropower stations, will be
South Korea’s Court Exonerates Samsung Chairman Lee in the 2015 Fraud Case.
South Korea’s Supreme Court cleared Samsung Chairman Jay Y. Lee of accounting fraud and stock manipulation charges related to the 2015 $8 billion merger, dismissing all charges. This enables Lee to focus on Samsung’s strategic objectives, including the development of advanced AI chips. The case, linked to a deal between
Couche-Tard abandons $47 billion bid for Japan’s Seven & i.
Canadian retailer Alimentation Couche-Tard announced on Thursday the withdrawal of its $47 billion bid to acquire Seven & i Holdings, citing a lack of constructive engagement from the Japanese company. This move ends what could have been the largest foreign takeover of a Japanese firm, as Couche-Tard aimed to create
Secretive Family Behind Tetra Pak Pours $9 Billion Into Stocks
A mysterious entity in Singapore’s financial district became the largest shareholder in International Flavors & Fragrances Inc. nine years ago. It was later revealed that the owner was the Rausing family from Sweden, known for their fortune from Tetra Pak cartons. This disclosure marked one of the earliest public insights
How to Turn Off Autocorrect in iPhone with Easy Steps
Autocorrection is a pretty impressive feature to correct our grammatical and spelling mistakes on iPhones. However, it can also become frustrating when it simply shows up every time and changes your entire sentences, words, or phrases. While autocorrection seeks to enhance our typing, not everyone needs it, as some people
Starlink is Expected to launch its Services in Vietnam
SpaceX is expected to launch the Starlink Satellite internet services in Vietnam by the end of this financial year. The Deputy Minister, Pham Duc Long, said that the Ministry of Science and Technology aims to license the service only using low-orbit satellites currently. This will happen as soon as Starlink
Malaysia Mandates Trade Permit for Import of U.S.-Origin AI Chips
Malaysia’s Ministry of Investment, Trade and Industry announced on Monday that, effective immediately, the export, transhipment, and transit of high-performance artificial intelligence (AI) chips originating from the United States will require prior approval through a trade permit. Anyone exporting, transhipping, or bringing such items into transit that are not explicitly
South Korea’s Ex-Leader Yoon Returns to Jail as the Martial Law Investigation Speeds Up
Former South Korean President Yoon Suk Yeol was detained again on Thursday, placed in a solitary cell with basic food, after prosecutors secured a new detention warrant related to his attempted martial law last year. The Seoul Central District Court approved the warrant, citing concerns that Yoon might destroy evidence.
Pakistan & Turkey to Strengthen Defence And Economic Links
On July 9, Pakistan and Turkey committed to enhancing strategic collaboration across sectors such as defense, commerce, energy, and infrastructure, with the shared objective of increasing bilateral trade to $5 billion. The understanding was formalized during top-level deliberations in Islamabad between Turkey’s Foreign Minister Hakan Fidan and Defence Minister Yasar
