Key Points: OPEC+ announced on Sunday its decision to extend significant oil output cuts until 2025, surpassing expectations as the group aims to stabilize the
Key Points: A Tesla shareholder has filed a lawsuit against CEO Elon Musk, accusing him of insider trading regarding selling over $7.5 billion of Tesla
Key Points: Shares of SK Inc., one of South Korea’s largest conglomerates, soared by as much as 16% on Thursday following a court ruling that
Key Points: Shares of U.S. Cellular surged nearly 6% on Tuesday following the announcement that T-Mobile plans to acquire most of the company. The deal,
Key Points: Business leaders from Korea, Japan, and China have formed a three-way economic consultative body to address pressing economic concerns and foster future cooperation
Key Points South Korea has announced a substantial support package worth 26 trillion won ($19 billion) to bolster its semiconductor industry. The initiative aims to
Key Points China’s leading internet company Tencent (0700.HK) and AI firm iFlytek (002230.SZ) have significantly reduced the prices of their large-language models (LLMs) used to
Key Points U.S. workers at the Mercedes-Benz plant in Alabama delivered a significant blow to the United Auto Workers (UAW) on Friday, rejecting the union
Key Points: Netflix’s ad-supported tier has reached 40 million global monthly active users, nearly double the 23 million reported in January. In a major strategic
Key Points: Microsoft and Amazon have announced significant investments in France, injecting billions of dollars into the country’s technology sector. Microsoft unveiled plans to commit
Key Points: A federal judge in Texas, Mark Pittman, issued a preliminary injunction on Friday, halting the implementation of the Consumer Financial Protection Bureau’s (CFPB)
Key Points: The number of Americans filing new claims for unemployment benefits surged more than anticipated last week, signaling ongoing adjustments in the labor market. According to
Key Points: The United States has revoked licenses that permitted companies like Intel and Qualcomm to supply chips used in laptops and handsets to Huawei
Key Points: Amazon.com Inc. has unveiled plans to invest a staggering $9 billion in expanding its cloud computing infrastructure in Singapore over the next four
Key Points: Apple Inc. (AAPL.O) exceeded modest expectations in its quarterly results and forecast, announcing a record share buyback program that propelled its stock by
Key Points: South Korea’s SK Geo Centric Co. is reassessing its plans for a $1.3 billion waste plastic recycling complex project due to escalating costs
Key Points: CVS Health has reported first-quarter revenue, adjusted earnings below expectations, and significantly reduced its full-year profit outlook, attributing the downward revision to elevated
Key Points: Microsoft has announced plans to invest $1.7 billion in Indonesia over the next four years to develop new cloud and AI infrastructure and
Key Points: Samsung Electronics has reported a staggering 932.8% increase in operating profit for the first quarter, driven by a resurgence in memory chip prices
Key Points: Tesla CEO Elon Musk made a surprise visit to Beijing on Sunday. He is expected to meet with senior officials to discuss the
Key Points: South Korean memory chipmaker SK Hynix has reported a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter,
Key Points: Taiwan Semiconductor Manufacturing Co (TSMC) witnessed a significant decline of 6.7% in its Taipei-listed shares following its first-quarter earnings report. Despite forecasting a
Key Points: According to a report by The Information on Tuesday, French tech startup Mistral AI is reportedly in talks with investors to raise several
Key Points: Microsoft has announced a significant investment of $1.5 billion into G42, an artificial intelligence company based in the United Arab Emirates, as part
Key Points: Affinity Equity Partners is poised to acquire SK Rent-a-Car Co., South Korea’s second-largest car leasing company, for approximately 800 billion won ($572 million).
Key Points: BMW Group Korea announced on Monday that its global spending on parts sourced from Korean suppliers in 2023 amounted to approximately 6.53 trillion
Key Points: Hyundai Heavy Industries (HHI), a leading Korean shipbuilder, announced on Sunday a strategic partnership with Palantir Technologies, a prominent U.S.-based artificial intelligence (AI)
Key Points: Salesforce, the customer relations software giant, is reportedly in advanced discussions to acquire Informatica, a data management services provider, in a move indicative
Key Points: Industry analysts predict that the copper bull run will continue for the next three years, propelled by global supply constraints and surging demand
Key Points: In a strategic move, Apple bolstered its iPhone production in India, signaling a significant shift in its manufacturing strategy. This development, highlighted in
Key Points: Taiwan Semiconductor Manufacturing Co. (TSMC) has announced a significant surge in monthly revenue for March, capitalizing on the ongoing boom in artificial intelligence
Key Points: The Biden administration is set to announce a significant award of over $6 billion to South Korea’s Samsung to expand its chip output
Key Points: The Biden administration unveiled a groundbreaking preliminary agreement on Monday, signaling up to $6.6 billion in government funding for Taiwan Semiconductor Manufacturing Co.’s
Key Points: The Dutch government finds itself in a diplomatic and strategic quandary as it grapples with requests from chipmaking giant ASML to service equipment
Key Points: Samsung Electronics is set to significantly increase its semiconductor investment in Texas, with plans to allocate approximately $44 billion to the state, as
Key Points: Nvidia, the prominent U.S. technology company, is set to embark on a significant venture in Southeast Asia by establishing a $200 million artificial
