
Korea’s Early Export Gain Points to Recovering Global Demand
South Korea’s early exports returned to growth for the first time in more than a year in another
1970-01-01 08:00

China Rattles Foreign Firms Again With Arrests, Foxconn Probe
Chinese authorities are again shaking the confidence of foreign companies in the country with a series of arrests
1970-01-01 08:00

Logan Sargeant earns first F1 point in bizarre circumstances
Logan Sargeant has earned his first Formula 1 point following the shock disqualification of Lewis Hamilton and Charles Leclerc from the United States Grand Prix. Mercedes driver Hamilton and Ferrari’s Leclerc, who finished second and sixth at the Circuit of the Americas, were being investigated by the stewards following a plank wear inspection in Austin. More than three hours after the race finished, the stewards announced that the pair had been disqualified – and thus everybody else moved up the order. Williams driver Sargeant finished the race 12th but having moved up to 10th receives his first point of the season in bizarre circumstances at his home race. Sargeant thus becomes the first American driver to score a point in F1 in 30 years. The FIA note reveals that the cars of Verstappen and Lando Norris (who now moves up to second from third in the final classification) were also inspected, but passed the checks. The final stewards report said: “During the hearing, the team acknowledged that the measurement performed by the FIA Technical Team was correct and stated that the high wear on the skid pads was probably a result of the unique combination of the bumpy track and the Sprint race schedule that minimized the time to set up and check the car before the race. NEW TOP-10 FOR THE UNITED STATES GRAND PRIX: 1. Max Verstappen 2. Lando Norris 3. Carlos Sainz 4. Sergio Perez 5. George Russell 6. Pierre Gasly 7. Lance Stroll 8. Yuki Tsunoda 9. Alex Albon 10. Logan Sargeant “The Stewards note that the onus is on the competitor to ensure that the car is in compliance with the regulations at all times during an event. “In this particular case, the rear skid in the area defined in the Technical Delegate’s report was outside of the thresholds outlined in Article 3.5.9 e) of the FIA Formula One Technical Regulations, which includes a tolerance for wear. “Therefore, the standard penalty for a breach of the Technical Regulations is imposed.” Read More Lewis Hamilton and Charles Leclerc disqualified from United States GP Lando Norris reflects on 2023 win prospects after another near-miss in Austin Lewis Hamilton rues Mercedes error which cost him victory at US Grand Prix
1970-01-01 08:00

iPhone Assembler Hon Hai Dives After China Starts Probes
Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series
1970-01-01 08:00

American Jews and Palestinians face fear and hatred
As the war between Israel and Hamas intensifies, so have attacks against both communities in the US.
1970-01-01 08:00

Kota: Stricter rules for India student hub after suicides
Young people from across India go to the city of Kota for tuition to help them pass entrance exams to elite colleges.
1970-01-01 08:00

Lewis Hamilton disqualified after finishing second in US Grand Prix
Lewis Hamilton has been disqualified from second place in Sunday’s United States Grand Prix for driving an illegal car. Nearly four hours after the chequered flag fell on Hamilton’s most competitive race of the season – one he claimed he should have won if Mercedes did not fluff their strategy lines – the stewards declared his car’s machinery did not comply with the regulations. The depth of the new floor on Hamilton’s Mercedes was adjudged to be “outside the thresholds outlined in Article 3.5.9 e).” – which states that the plank cannot wear to below 9mm thickness. Ferrari’s Charles Leclerc, who finished sixth, was disqualified for the same breach following Sunday’s 56-lap race at Austin’s Circuit of the Americas. Hamilton’s demise elevated Lando Norris to runner-up behind Max Verstappen, who claimed the 50th win of his career and 15th from 18 this season, and Carlos Sainz to third. Sergio Perez was promoted to fourth to extend his lead over Hamilton in the fight for runner-up in the championship from 27 points to 39 with four races left. Mercedes’ sporting director Ron Meadows, trackside engineering director Andrew Shovlin and reliability chief Richard Lane were summoned to fight Hamilton’s corner with the FIA’s four stewards – which included former British driver Derek Warwick – at 6pm local time (midnight BST). After 30 minutes, the trio emerged from the FIA offices in the paddock before Hamilton’s punishment was handed down at 7.16pm local time (1.16am BST). It is understood Mercedes will not appeal the FIA’s verdict. A statement from the FIA read: “During the hearing the team acknowledged that the measurement performed by the FIA Technical Team was correct and stated that the high wear on the skid pads was probably a result of the unique combination of the bumpy track and the sprint race schedule (on Saturday) that minimised the time to set up and check the car before the race. “The stewards note that the onus is on the competitor to ensure that the car is in compliance with the regulations at all times during an event.” It continued: “In this particular case, the rear skid in the area defined in the technical delegate’s report was outside of the thresholds outlined in Article 3.5.9 e) of the FIA Formula One Technical Regulations, which includes a tolerance for wear. “Therefore, the standard penalty for a breach of the technical regulations is imposed.” Four cars were chosen at random following the race. Both Verstappen’s Red Bull and Norris’ McLaren passed the scrutineering checks. Michael Schumacher was disqualified from the 1994 Belgian Grand Prix for an illegal floor, allowing Damon Hill to win the race. The post-race penalties on Sunday night saw Williams’ Logan Sargeant claim his maiden point in F1 – the first American to score in the sport since Michael Andretti 30 years ago for McLaren at the Italian Grand Prix. Read More Max Verstappen defies Lewis Hamilton to edge United States Grand Prix victory I can do something wiser with my time – George Russell stops using social media Charles Leclerc snatches pole position after Max Verstappen’s lap was deleted Daniel Ricciardo ready for AlphaTauri return at United States Grand Prix On this day in 2009: Jenson Button crowned Formula One world champion in Brazil FIA to review Qatar GP as ‘dangerous’ temperatures prompt driver complaints
1970-01-01 08:00

AI Firms Dominate Peak XV’s Latest Program to Boost Startups
Venture capital firm Peak XV Partners said the latest batch of its accelerator program are made up mainly
1970-01-01 08:00

Argentina Heads to Runoff With Massa Surprisingly Leading Vote
Argentina’s election will be settled in a presidential runoff between Economy Minister Sergio Massa, who defied expectations to
1970-01-01 08:00

Lewis Hamilton and Charles Leclerc face shock disqualification from United States GP
Lewis Hamilton and Charles Leclerc are under investigation following a potential breach of rules governing the floor of their cars – and could be disqualified from Sunday’s United States Grand Prix. Hamilton and Leclerc, who finished second and sixth respectively in the race won by Max Verstappen, are being investigated by the stewards following a plank wear inspection in Austin. The FIA note reveals that the cars of Verstappen and Lando Norris were also inspected, but passed the checks. The report from FIA technical delegate Joe Bauer states: “A physical floor and a plank wear inspection was carried out on car numbers 16 [Leclerc] and 44 [Hamilton]. “The skids located in this area are found to be not in compliance with Article 3.5.9 e) of the 2023 Formula One Technical Regulations. “I am referring this matter to the stewards for their consideration.” Both Mercedes and Ferrari have been summoned to see the stewards. The section of the rulebook referred to reads: “The thickness of the plank assembly measured normal to the lower surface must be 10mm [plus or minus] 0.2mm and must be uniform when new. “A minimum thickness of 9mm will be accepted due to wear, and conformity to this provision will be checked at the peripheries of the designated holes.” Breaches of technical checks of the car often result in disqualification, with a recent example being Hamilton from qualifying in Brazil in 2021. The seven-time world champion was already in hot water after crossing a live track at the last race in Qatar and was spoken to again in Texas due to his status as a “role model.” Leclerc started Sunday’s race on pole but, opting for a different strategy, fell behind after Lando Norris stole a march on the Ferrari at the start. Hamilton, meanwhile, came close to victory after reeling in Verstappen at the end. The 38-year-old has now not won in nearly two years, with his last victory coming in Saudi Arabia in December 2021. A disqualification would mean Hamilton loses 18 points in the championship standings, while Leclerc would lose eight points. Read More Lando Norris reflects on 2023 win prospects after another near-miss in Austin Lewis Hamilton rues Mercedes error which cost him victory at US Grand Prix Max Verstappen booed by American fans on podium after victory Max Verstappen defies Lewis Hamilton to edge United States Grand Prix victory F1 United States Grand Prix LIVE: Race reaction and results in Austin Max Verstappen holds off Lewis Hamilton challenge to win US sprint race
1970-01-01 08:00

When Japan Ends Negative Rate Policy, Treasuries Will Suffer
Japan’s era of negative interest rates will end in coming months, and the implications for world markets will
1970-01-01 08:00

Japan’s Ruling Party Loses a Special Election in Blow to Kishida
Japan’s ruling Liberal Democratic Party lost a special election over the weekend and barely scraped out a victory
1970-01-01 08:00