banner

Technology

Elon Musk is ready to unveil Tesla's humanoid robot
  • by After a brief delay, Elon Musk is ready to unveil Tesla's humanoid robot.
  • Sep 30, 2022
After a brief delay, Elon Musk is ready to unveil Tesla's humanoid robot.

Tesla CEO Elon Musk has stated that the company's robot division will be more valuable than its cars.

read more
Samsung
  • by The climate inertia of Samsung is a by-product of Seoul
  • Sep 20, 2022
The climate inertia of Samsung is a by-product of Seoul

Korea Inc. is being held back by Seoul's inaction on climate change. Samsung Electronics, the country's largest company, announced a disappointing net-zero carbon emissions target last week.

read more

Latest NEWS

Banking

Krupa, the former CEO of SocGen, has been appointed as the company's new CEO.

Societe Generale, France's third largest bank, announced on Friday that investment banking chief Slawomir Krupa has been picked by the board to become the bank's next CEO.

The Swiss National Bank has ended the period of foreign currency purchases.

In the second quarter of 2022, the Swiss National Bank sold 5 million Swiss francs ($5.1 million) in foreign currency market interventions.

Markets are apprehensive of more involvement after Japan warns against speculative yen moves.

Japanese Finance Minister Shunichi Suzuki stated that the government is prepared to respond to speculative currency movements.

Japan intervenes in the forex market to prevent the yen from falling further after the BOJ maintains its ultra-low interest rates.

Japan intervened in the currency market for the first time since 1998 on Thursday to support the battered yen following the central bank's decision to maintain ultra-low interest rates, which have been pushing down the currency.

HSBC's fund arm tightens thermal coal policy in response to climate change.

HSBC Holdings Plc told Reuters on Thursday that it will stop supporting thermal coal growth from funds it actively manages with immediate effect, accelerating a broader pledge it made last year.