Global Soft Covering Flooring Industry Sales, Revenue, Gross Margin, Market Share, by Regions (2013-2025)

SpaceX CEO Elon Musk wrote on Saturday that Nvidia will lose “critical deals” after CEO Jensen Huang’s exit from the company following reports of his extramarital affairs, including one with an alleged Chinese spy. “Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract,”...

An Australian company is looking to bring technology successfully utilised in the United States to Western Australia in a bid to transform waste oil and agricultural residues into hydrotreated vegetable oil - a form of renewable diesel.

PYEONGTAEK, Gyeonggi Province — When a group of Korean War veterans visited Camp Humphreys on Nov. 5, the emotional meeting with a new generation of American soldiers offered a rare moment of recognition. However, for the roughly 20,000 Korean veterans of the 1950-53 war still living — now averaging 94 years old — the more urgent question is whether the government can provide adequate care, medical support and financial assistance in their remaining years. Vice Minister of Patriots and Veterans Affairs Kang Yun-jin, who accompanied them, said the visit brought back memories of her earlier work promoting exchanges between Korean and American veterans. Watching the veterans receive a warm welcome from U.S. soldiers was particularly moving, she said. But beyond such occasions, Kang said the government’s priority must be ensuring that veterans receive proper care and recognition while they are still alive. “What matters most is ensuring that veterans can spend their remaining years in good health and comfort, with the pride and honor they deserve for their service to the country,”

PYEONGTAEK, Gyeonggi Province — More than seven decades after the 1950-53 Korean War, a group of Korean veterans returned to a U.S. Army base where they once served — this time as honored guests of a new generation of American soldiers. “It feels like coming home,” said Kang Ku-kon, who was 15 when he volunteered and began helping care for wounded American soldiers at an Eighth Army field hospital. “I served here 70 years ago. The moment I walked in, even the smell was the same.” Kang was among a group of Korean War veterans welcomed to Camp Humphreys in Pyeongtaek, Gyeonggi Province, on Nov. 5. As their bus arrived at the Van Fleet Hall, a U.S. Army band began playing. For many of the visitors, now in their 90s, the trip offered a chance to see a place tied to their wartime service and meet the soldiers stationed there today. The visit grew out of a request from the veterans themselves. Vice Minister of Patriots and Veterans Affairs Kang Yun-jin said several veterans, including Ryu Jae-sik, head of the Korean War Veterans Association’s Seoul branch, raised the idea at a mem

Korea’s largest-ever antitrust fine will cut into this year’s earnings at the brokerages and banks that underwrite government debt, but it is unlikely to weaken their capital buffers, according to Korea Investors Service (KIS), a Moody’s affiliate. In a report released earlier this week, the credit rating agency said the penalties imposed by the Korea Fair Trade Commission (FTC) will make “a short-term decline in profitability unavoidable,” especially at the firms facing the largest penalties. It added that their capital strength and the earnings they built up in the first half should be enough to absorb the cost, creating a formidable yet manageable financial hurdle for the country's primary financial institutions. The regulatory crackdown stems from an investigation into primary dealers in Korea's sovereign debt market. The FTC issued corrective orders on Wednesday and imposed roughly 1.6 trillion won ($1.2 billion) in combined fines on 15 financial institutions — all designated primary dealers responsible for underwriting Korea Treasury bonds — for restricting competit

The ICT ministry said Saturday it will inspect disruptions to domestic companies' operations following a global outage of tech giant Microsoft's services. Microsoft 365 services experienced disruptions earlier this week, with some companies in the country reporting difficulty accessing their emails Friday. The Ministry of Science and ICT said it plans to check the restoration of the company's services and possible damage to users in South Korea by working with Microsoft Korea. It added that it will form a joint emergency response team with the company to continue monitoring the situation.

Disciplinary staff in Wuhan, provincial capital of Hubei in central China, were going about their routine workday when a red alert landed. It was from a large data model – flagging a possible case of corruption. “A company took on more than 10 projects this year. Its registered capital reduced from 50 million yuan (US$7.5 million) to 10 million, yet it’s paid-in capital is still zero,” the alert said. “Moreover, over 80 per cent of the projects it took were [residential] communities from...

Trivia buffs, test your knowledge with today’s interactive superquiz.

The Melburnian of the Year has a grand plan to turn most of the station into a hospitality precinct.

Hong Kong’s MTR Corporation has warned that it will face significant cash flow pressures over the next few years, even with the government’s grant of eight new sites for developing the Northern Link rail project in the Northern Metropolis. The warning came as the Liber Research Community cast doubt on the MTR Corp’s model of using property developments to fund rail construction, pointing out that about a third of the 18 sites granted in total were idle plots where developers had opted for cash...

Drones are banned, security cameras bristle at intersections and some residents have been asked to vacate their homes as the southern Chinese city of Shenzhen counts down to the Apec meetings. Thousands of government officials, journalists, tourists and entrepreneurs are expected to descend on the city next week for the Asia-Pacific Economic Cooperation forum, where President Xi Jinping will hold talks with Donald Trump and Vladimir Putin as he chairs the 33rd Apec Economic Leaders’ Meeting from...

Hong Kong Disneyland Resort has reported to police the theft of 17,000 ticket QR codes from its online ticketing system and suspended sales through its website, the South China Morning Post has learned. A source said on Saturday that an IT worker at the amusement park on Lantau Island had detected anomalies in the resort’s computer system, only to discover the QR code theft. Police have classified the case as access to a computer with a criminal or dishonest intent, and the Lantau district crime...