A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Samsung is aiming to launch a foldable version of its Galaxy Note smartphone next year, Samsung mobile President Dong Jin Koh said recently, according to Bloomberg.
This doesn't mean a foldable phone like the flip phones consumers used to carry, but rather one that can bend in half completely. Samsung already makes flexible and curved displays but has yet to perfect a screen that can fold in half. There are roadblocks, including that hardware inside a phone that isn't yet bendable.
"As the head of the business, I can say our current goal is next year," Koh said, according to Bloomberg. "When we can overcome some problems for sure, we will launch the product."
Samsung might be flexing its muscle ahead of 's iPhone event on Tuesday, where Apple is expected to launch three new models.
Samsung's newest product, the Galaxy Note 8, received almost universal praise from reviewers.
CNBC reached out to Samsung for comment but a spokesperson was not immediately available.
Read the full report on Bloomberg.