Chinese carmaker Chery is expanding in the UK with a new research and development centre at UTAC Millbrook in Bedfordshire, following rapid sales growth and plans for UK-based manufacturing.
The Hong Kong Gold Exchange and TGX Technology launched a joint venture to build a gold trading and clearing platform, aiming to establish the city as a major gold trading hub by early 2027.
Taiwan's inaugural test of a domestically developed satellite launch vehicle failed on Wednesday when the rocket veered off course, crashing in an uninhabited mountainous area near the Jiupeng missile testing base in Pingtung county.
New South Wales is launching Australia's largest gun buyback in 30 years following the Bondi beach terror attack. The jointly funded scheme faces criticism from the Coalition and One Nation, who argue it unfairly penalizes law-abiding firearm owners.
Japan's Ministry of Defense aims to develop submarine-launched hypersonic missiles and long-range strike drones by 2027. The initiative, part of a record budget request, focuses on enhancing retaliatory strike capabilities and integrating AI into command operations.
Policybazaar has launched a dedicated Student Term Plan in India, offering affordable life insurance to individuals aged 18-25. The initiative aims to provide financial protection against education loan liabilities and secure coverage at lower premiums early in life.
Cypherpunk Technologies has launched a major Zcash mining operation in the U.S. after a $33.33 million deal with Winklevoss Capital. The firm, already a significant ZEC holder, aims to increase its treasury stake to 5% of the circulating supply through production.
The UAE Ministry of Defence reported that Iran launched two ballistic missiles toward its territory on Tuesday. Neither missile hit land, with one falling outside territorial waters and the second within them. Authorities issued a brief safety alert to residents.
Lawyers for 29 US states opened a landmark trial in Oakland, California, accusing Meta of knowingly designing addictive Instagram features that harm children. Meta denies the claims, arguing evidence is cherry-picked and the financial demands are excessive.
Kraken's payment app, Krak, has introduced a multi-asset debit card in the US, enabling users to spend crypto and fiat with up to 2% cashback. The card, issued by Lead Bank, supports over 600 assets and marks a broader push by parent company Payward into financial services.
Toyota Finance has introduced a 1 billion yen tokenized bond accessible via the Toyota Wallet app. The one-year instrument offers a 1.72% annual interest rate and includes non-monetary investor benefits, bypassing traditional securities accounts.
AI startup Cursor, now part of SpaceX, has launched Origin, a code-hosting platform designed to compete with GitHub. The service allows developers to sync and manage repositories alongside GitHub, positioning itself as an alternative during GitHub's recent service outages.
Cypherpunk Technologies has launched the world's largest Zcash mining operation after a $33.33 million acquisition from Winklevoss Capital. The fleet contributes 18% of the network's hashrate, complementing the firm's existing 1.9% stake in ZEC supply.
OpenAI has introduced ChatGPT for Teens, a dedicated chatbot experience for users under 18 featuring enhanced safety protections, educational tools like Study Mode, and parental controls, amid increasing regulatory scrutiny of AI companies regarding child safety.
Asset manager Neuberger Berman has launched the Neuberger Securitize High Income Tokenized Fund (HINC), an actively managed high-yield bond fund available on Ethereum, Solana, Avalanche, and Sui blockchains via the Securitize infrastructure.
Dutch company Fairphone has officially launched its modular Gen 6+ smartphone in the US. Featuring a user-replaceable battery, 12GB of RAM, and a Snapdragon 7s Gen 4 processor, the device emphasizes sustainability and repairability with seven years of promised updates.
Interstice Digital has launched a non-custodial cross-chain swap engine in partnership with FalconX. The tool connects the institutional-focused Canton Network with Ethereum, Solana, and Robinhood Chain to facilitate liquidity for tokenized assets.
South Korea's HD Hyundai Heavy Industries and Peru's SIMA launched the BAP Chimbote landing support vessel for the Peruvian Navy, attended by President Keiko Fujimori.
Chinese private space company LandSpace successfully recovered the first stage of its Zhuque-3 rocket on land for the first time, advancing China's reusable launch technology.
The UK's Competition and Markets Authority (CMA) has launched formal investigations into Trainline, Virgin Atlantic, and Red Driving School for 'drip pricing' practices, where mandatory fees are hidden from the initial price shown to consumers.
China initiates its first regular Northern Sea Route (NSR) service via the Arctic, reducing travel time from Ningbo to the UK to 20 days, amidst the Iran war's impact on the Red Sea trade route.
OpenAI introduces ChatGPT for Teens, featuring Study Mode, homework reminders, and parental controls to address safety and educational concerns, following lawsuits over AI's impact on teen mental health and cheating
Prediction market platform Kalshi has filed with the CFTC to launch perpetual futures tied to U.S. equity indexes. This expansion follows the company's recent entry into crypto and metals-based perpetual futures, challenging traditional exchange incumbents.
Prediction market platform Novig is challenging state gambling laws in court after expanding into new financial products. Despite receiving federal approval from the CFTC, the company faces legal hurdles in New York, Massachusetts, and other states.
