Japanese startup ispace inc announced that their attempt to make the first private moon landing failed, as they lost contact with their Hakuto-R Mission 1 (M1) lander, leading them to assume that it most likely crashed on the lunar surface. This marks the second major setback for private space development in a week, following SpaceX’s … Read more
On Sunday, April 23, the European Mediterranean Seismological Centre (EMSC) reported that an earthquake of magnitude 6.1 had occurred in Kepulauan Batu, Indonesia, at a depth of 43 kilometers (27 miles). The initial report from EMSC had estimated the earthquake to be of magnitude 5.8 and depth of 42 kilometers (26 miles). No further information … Read more
According to data released by the United Nations, India is set to surpass China as the world’s most populous country, with an estimated population of 1.4286 billion by mid-year, compared to China’s estimated population of 1.4257 billion, or 2.9 million fewer. Although both countries will account for more than a third of the global population, growth rates … Read more
On the morning of October 16th, a mild earthquake with a magnitude of 4.9 on the Richter scale shook parts of southern Mexico, causing many residents to feel the tremors. Despite the initial fear and panic, authorities have confirmed that there are no reports of damage or injuries. While earthquakes are a common occurrence in … Read more
Sega, the Japanese video game company, is reportedly nearing a deal to acquire Rovio, the maker of Angry Birds, for a staggering $1 billion. According to the Wall Street Journal, the acquisition is part of Sega’s push to expand its mobile gaming business and strengthen its position in the highly competitive gaming industry. The potential … Read more
The United States dollar weakened on Monday, amid anticipation of inflation data that is set to be released later this week. Investors are keeping a close eye on the figures, as rising inflation could lead to the Federal Reserve tightening its monetary policy sooner than planned. The greenback’s dip comes after a strong stretch in … Read more
UAE telco company, Etisalat, is taking a page out of India’s playbook by launching its own super app, Breakingviews. Hoping to emulate the success of India’s Jio Platforms and its all-in-one app JioMart, Etisalat’s Breakingviews aims to offer customers a seamless experience that combines e-commerce, digital payments, and a variety of other services. As the … Read more
The price of gold has been steadily climbing over the past few months, hitting an all-time high of over $2,000 per ounce in early August. However, recent news of positive US jobs growth has lifted the value of the dollar and caused the price of gold to fall below $2,000. This development has sparked concerns … Read more
The Indian Rupee has had a chequered history with a number of economic and political factors driving its fluctuations. Its current status, however, is being impacted by events beyond the nation’s borders. Recent economic data from the US has stoked the bets of an impending rate hike by the Federal Reserve, causing the Rupee to … Read more
The Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas (BSP), has been raising interest rates since last year to fight rising inflation. However, with inflation showing signs of slowing down, the BSP may be considering pausing their rate hikes to give the economy some breathing room. This potential change in policy … Read more