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December 23, 2024

Japan chipmaker Rapidus’s state aid draws flak over funding
TOKYO — The Japanese government’s financial assistance to chipmaker Rapidus is under fire for what opposition lawmakers say is a budget trick over the source of the funding. In November, the government announced a seven-year rollout of at least 10 trillion yen ($63.6 billion) to support the country’s semiconductor and artificial intelligence sectors.
IRS to send 1 million taxpayers up to $1,400 in ‘special payments.’ How to know if you’re eligible.
The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who did not claim the 2021 Recovery Rebate Credit on their tax returns for that year and who are eligible for the money. The Recovery Rebate…
Collision between bus, fuel truck in Iran; at least 9 dead
Collision between bus, fuel truck in Iran; at least 9 dead At least nine people were dead on Monday when a bus crashed with a fuel truck in Iran’s southeast, state media reported, the second mass loss road accident within days. Mohammad Mehdi Sajjadi, head of the Red Crescent Society in Sistan-Baluchestan province, told the…
Baloch Yakjehti Committee releases document to honour Karima Baloch’s legacy
Quetta [Pakistan], December 23 (ANI): On the 4th death annivers of human rights activist Karima Baloch, the Baloch Yakjehti Committee (BYC) released a document titled “Brave Baloch Women” on its official YouTube channel. According to a post by BYC on X, this document highlights the powerful and inspiring stories of Baloch women who have been…
Japan antitrust watchdog to find Google violated law in search case
TOKYO — The Japan Fair Trade Commission is expected to find Google guilty of violating the Antimonopoly Act, Nikkei has learned. The watchdog has determined that the U.S. technology company’s contracts with smartphone makers unfairly restrict competition, harming the internet search market. The commission will soon issue a cease and desist order asking Google to…
Former D.C. police intel chief found guilty of tipping off Proud Boys leader ahead of Jan. 6 attack
Shane Lamond, the former head of the Metropolitan Police intelligence unit in Washington who was indicted last year for feeding information to a Proud Boys leader, was found guilty on Monday. Proud Boys chief Enrique Tarrio is serving 22 years after being convicted of seditious conspiracy in connection with the Jan. 6 attack on the…
Samsung expands local manufacturing operations in Pakistan
Samsung expands local manufacturing operations in Pakistan Sapphire Electronics, a subsidi of Reliance Cotton Spinning Mills Limited (RCML), has entered into a partnership with Samsung Electronics to locally manufacture, assemble, and sell Samsung-branded electronic products and home appliances in Pakistan. The agreement was announced in a notice to the Pakistan Stock Exchange (PSX) on Monday.…
Pak PM, son seek acquittal in Ramzan Sugar Mills case
Lahore [Pakistan], December 23 (ANI): Pakistani Prime Minister Shehbaz Sharif and his son Hamza Shehbaz on Monday moved a plea to seek acquittal in the Ramzan Sugar Mills case, as per . Shehbaz Sharif and Hamza Shehbaz filed pleas in the anti-corruption court via their lawyer Amjad Pervaiz. Pervaiz demanded acquittal of the father and…
Japan Inc. seeks ‘golden’ talent in Asia to address labor shortage
TOKYO — Japanese companies are stepping up their hiring of college graduates and technical trainees from other Asian countries to address severe worker shortages that are similar to the two worst labor crunches the country experienced in its postwar history. Japan faced its first wave of labor shortages during its rapid growth period from the…