Korea's Early Trade Data Rebound Ahead of Tariff Deadline
South Korea's early trade data rebounded, offering signs of resilience as Seoul works to advance talks with Washington before across-the-board tariffs are set to rise in early July.
The value of shipments rose 8.3% in the first 20 days of June from a year earlier, customs data showed Monday. That compared with a 1.3% drop in the full month of May. Imports rose 5.3%, resulting in a trade surplus of $2.62 billion.
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Yahoo
31 minutes ago
- Yahoo
Core Gaming Showcases Technological Strength as AI App Gains Traction
Viral Sharing of AI COMIC on TikTok and Facebook Signals Strong User Adoption and Community Engagement User Base in Japan and South Korea Grows 1,300%, Underscoring Commercial Success and Global Potential Cutting-Edge AI Capabilities and Smart Cloud Infrastructure are Foundation for Growth VANCOUVER, BC, June 23, 2025 /PRNewswire/ -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of mission-critical Push-to-Talk over Cellular (PoC) handsets and accessories, today announced that Core Gaming, a rising innovator in AI-driven creative technologies, who it recently signed a definitive merger agreement with, is experiencing continued momentum with its innovative AI COMIC app. In less than one year, combined user numbers of AI COMIC in Japan and South Korea have jumped from 2,500 to over 32,000, a 13x increase, while those countries' share of total global users rose from 4.12% to 14.38%. "AI COMIC's breakout success in Japan and South Korea is a powerful validation of our strategic vision," said Aitan Zacharin, CEO of Core Gaming. "Return on investment in the region has more than tripled, driven by targeted localization efforts such as a language-optimized user interface. Just as important, the virality we are seeing through widely used platforms like TikTok and Facebook underscores how deeply users are engaging with our product." Launched to broad interest, AI COMIC blends next-gen AI capabilities with a uniquely immersive user experience. The app empowers users to transform everyday visuals into vivid anime-style content through features such as AI-generated video, personalized avatars, manga scene recreation, time-lapse aging and realistic face swaps. Zacharin continued, "AI COMIC runs on a robust technological foundation built on our proprietary Compute Pool System, multimodal generative AI models and a scalable cloud orchestration architecture that is redefining content creation and distribution. Importantly, our goal is not just to build apps. We are building a robust, scalable AI infrastructure designed to power creative expression on a global scale. AI COMIC is only the beginning." Technology Platform: A Breakthrough AI Engine While AI COMIC continues to attract headlines and users, the underlying technology is the true differentiator. To support rapid growth and creative demand, Core Gaming built a smart, cloud- based infrastructure that delivers scalable AI performance while keeping costs efficient. This foundation enables the platform to streamline game asset creation—from automated scene and character generation to fast, high-quality animations and ad creatives—helping content teams iterate faster and bring ideas to life with minimal effort. Core Gaming's AI infrastructure is designed around three core pillars: Compute Pool System (CPS) is a dynamic AI task distribution engine that allocates computational resources across workloads in real time. CPS ensures optimal throughput for video generation, avatar rendering and real-time user interactions—without overprovisioning infrastructure. Multimodal Generative Models that process and synthesize visual, text and audio inputs simultaneously, enabling complex creative outputs such as dialogue-driven animation, mood-based styling, and high-resolution content generation tailored to the user's intent. Proprietary BigP Backend and Cloud Orchestration serves as the orchestration layer for model training, inference pipelines and content delivery. Integrated with a globally distributed cloud framework, it scales elastically to meet creative surges whether from new user spikes or major feature rollouts. "AI COMIC is just one example of what our platform can do," Zacharin continued. "Our AI infrastructure is built for scale to transform workflows across a multitude of use cases including gaming, marketing, education and enterprise content. By automating the most time-consuming parts of creation, we empower teams to focus on storytelling and strategy. The momentum we are experiencing in Japan and South Korea is a clear signal that our technology can shape the future of creative expression on a global scale." Zacharin concluded, "We continue to work diligently to finalize the merger with Siyata and remain confident that we will secure regulatory approval in the near future, with closing expected shortly thereafter." About Core Gaming, Inc. Core Gaming is an international AI driven mobile games developer and publisher headquartered in Miami. We create entertaining games for millions of players worldwide, while empowering other developers to deliver player-focused apps and games to enthusiasts. Core's mission is to be the leading global AI driven gaming company. Since our launch we have developed and co-developed over 2,100 games, driven over 780 million downloads, and generated a global footprint of over 40 million users from over 140 countries. Visit to learn more. About Siyata Mobile Inc. Siyata Mobile Inc. is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire, and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today. In support of our Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade In- Vehicle solutions and Cellular Booster systems enabling our customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. Siyata's common shares trade on the Nasdaq under the symbol "SYTA", and its common warrants trade on the Nasdaq under the symbol "SYTAW". Visit to learn more. Forward Looking StatementsThis press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata's current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Siyata's filings with the Securities and Exchange Commission ("SEC"), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release. View original content to download multimedia: SOURCE Siyata Mobile Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
40 minutes ago
- Yahoo
Impact of India's large rate cut may be limited, says rate panel member
By Swati Bhat MUMBAI (Reuters) -The immediate incremental impact of an additional 25 basis-point rate cut delivered earlier this month by the Reserve Bank of India's monetary policy committee may be relatively limited, external member Saugata Bhattacharya told Reuters on Monday. The MPC delivered a larger-than-expected 50-bp rate cut in June to bolster economic growth as inflation remained below target. "Interest rates transmission also works through a transfer of disposable incomes across various economic stakeholders," Bhattacharya, the only member to vote for a 25-bp rate cut said while sharing his personal views. He said the most crucial shift will be to micro, small and medium enterprises (MSME) and home loan borrowers from retail depositors. "These shifts are likely to accumulate over the course of the year. How the relative marginal propensities to consume and save play out will determine inter alia changes to the credit multiplier and hence deposit and loan growth," he added. Bhattacharya said inflation is likely to align with the RBI's 4% target on a durable basis in the coming quarters. "Although the overall picture remains mixed, many high-frequency economic indicators also suggest continuing growth resilience," he said, adding that the RBI's forecast of GDP growth at 6.5% for fiscal year 2026 precluded the need for a deeper rate cut given current global uncertainty. There may be space for more "good news" rate cuts, but Bhattacharya said he would "prefer a more gradual and calibrated path over this easing cycle". The RBI's June policy actions should be seen as a step towards propelling growth to a higher aspirational trajectory, Governor Sanjay Malhotra had said in a post-policy briefing, adding that the country would like to achieve 7%-8% growth. Bhattacharya said he would like to assess the effects on aggregate demand from the government's policy initiatives, particularly income tax cuts, as well as price and income support on demand revival. Bringing short-term money market rates and overnight rates a little closer to the floor of the monetary policy corridor is probably needed at this point to accelerate the transmission of the policy rate into bank lending and deposit rates, Bhattacharya said. Once transmission begins to align with the intended easing cycle, liquidity can then be calibrated, which the RBI has done in the past through various instruments to bring overnight rates closer to the policy rate, he added. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Quanterix Expands Reach with IVD and Large Reference Labs
Simoa Technology Advances Earlier Disease Detection by Measuring Signature Biomarkers BILLERICA, Mass., June 23, 2025--(BUSINESS WIRE)--Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery through ultrasensitive biomarker detection, today announced that the HD-X Simoa Immunoassay Analyzer has received Class 1 Medical Device registration by the Ministry of Food and Drug Safety (MFDS) in South Korea through its regional distribution partner, HS Biosystems. The continued expansion of the industry-leading Simoa® technology platform into global markets demonstrates a key milestone in broadening validation of biomarker-based testing and providing clinicians with minimally invasive tools that can help enhance diagnostic accuracy and improve accessibility. Through its unparalleled sensitivity and multi-marker testing capability, the Simoa platform delivers ultrasensitive biomarker detection in blood, serum or plasma, with the ability to quantify proteins that are far lower than the Level of Quantification (LoQ) of traditional measurement platforms. "Quanterix is the only platform in the neurodegenerative space that can be used in research to discover a biomarker, power an endpoint in a clinical trial and progress to a diagnostic test," said Masoud Toloue, Chief Executive Officer at Quanterix. "Other instruments only address narrow use cases, as they are either only high-plex discovery orientated or diagnostic use only. Quanterix makes discovery to diagnostics happen by powering a critical step in between, biopharma clinical trials. As a result, our ultra-sensitive Simoa technology serves as the backbone for many of the Alzheimer's tests coming to the market today." Quanterix has established several new global collaborations with laboratories and patient testing centers, further strengthening the infrastructure for Alzheimer's testing and reinforcing its clinical utility. These recent collaborations include: ARUP Laboratories - a leading national reference laboratory that recently launched a blood test for phosphorylated tau 217 (P-tau217) to assist in identifying whether cognitive decline symptoms in patients ages 60 years and older are related to Alzheimer's disease (AD) pathology. ARUP's test will be performed on Quanterix's SP-X® platform with the Quanterix Simoa® assay kit, which uses P-tau217 antibody technology licensed from Eli Lilly and Company. Neurogen Biomarking – the world's first ecosystem for memory loss with end-to-end patient support recently announced an easy-to-use at-home blood biomarker collection test that can measure phosphorylated tau 217 (P-tau217), a specific marker for Alzheimer's disease pathology and MCI, using Quanterix's highly sensitive technology. NSW Health Pathology – the largest public pathology service in Australia, has validated NfL for patient testing. Rede D'Or, Richet Laboratory (IDOR) – the largest integrated health care network in Brazil, covering over 70 hospitals, was the first Brazilian institution to acquire a Simoa HD-X and implement both P-tau217 and NfL for testing. IDOR recently published their first paper in Nature Communications on their work to reduce the underdiagnosis of AD in Brazil. According to research, early signs of Alzheimer's disease (AD) may begin 20 years or more before symptoms appear. The Simoa platform equips customers with advanced insights to help accelerate their research and diagnosis, along with accelerating early detection during this crucial timeframe, allowing patients expanded access to treatments that are not available once the disease has progressed to an advanced stage. "Our team works primarily on Alzheimer's Disease and dementia, so from day one, our focus has been on reporting how Simoa biomarkers perform when detecting amyloid status and cognitive decline in a local sample," said Luis Eduardo da Silva Santos, Scientist, Rede D'Or Institute for Research and Education. "IDOR was the first Brazilian institution to acquire a Simoa HD-X and we are excited to see that our work, published in Nature Communications, is now serving as the basis for the local implementation of two Simoa kits, P-tau217 ALZpath and NfL. We expect these tests to be more affordable than current alternatives and to contribute to reducing the underdiagnosis of AD in Brazil." For more information on the Simoa platform, visit About QuanterixFrom discovery to diagnostics, Quanterix's ultrasensitive biomarker detection fueling breakthroughs only made possible through its unparalleled sensitivity and flexibility. The Company's Simoa® technology has delivered the gold standard for earlier biomarker detection in blood, serum or plasma, with the ability to quantify proteins that are far lower than the Level of Quantification (LoQ). Its industry-leading precision instruments, digital immunoassay technology and CLIA-certified Accelerator laboratory have supported research that advances disease understanding and management in neurology, oncology, immunology, cardiology and infectious disease. Quanterix has been a trusted partner of the scientific community for nearly two decades, powering research published in more than 3,400 peer-reviewed journals. Find additional information about the Billerica, Massachusetts-based company at or follow us on Twitter and LinkedIn. View source version on Contacts Media Contact: Marissa Klaassenmedia@ Investor Relations Contact: Joshua Youngir@
