May 22, 2026

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Latest May 22, 2026

SoftBank Shares Soar Near Record Highs on AI Investment Boom

Key Points: SoftBank Group shares rose 14% to 6,881 yen, approaching a record high of 6,923.8 yen. The stock's massive surge builds on a 20% jump from the previous day's trading session. Investors are buying heavily amid potential public stock listings of OpenAI and its energy unit, SB Energy. SoftBank recently reported a record annual...

South Korea to Build 90,000 Youth Rental Homes in Seoul by 2027

Key Points: South Korea plans to supply 90,000 rental homes in the greater Seoul area over the next two years. Officials will place 66,000 of these new units inside heavily regulated real estate zones. The government will use fast-build modular construction methods to reduce costs and building times. Policymakers also launched a major crackdown on...

Western China Trade Fair Secures Deals Worth 22 Billion USD

Key Points: The Eighth Western China International Fair for Investment and Trade opened in Chongqing Municipality on Thursday. Exhibitors signed 212 contracts totaling over 150 billion yuan, or roughly 22 billion U.S. dollars. The massive investment includes 57 mega-projects, each exceeding 1 billion yuan in funding. Organizers released the "Invest in Chongqing List of Opportunities"...