SK Hynix Overtakes Samsung as S. Korea’s Most Valuable
SK Hynix has become the most valuable company listed on South Korea’s stock market, passing Samsung Electronics for the first time in about 25 years. The company’s success comes from the huge demand for artificial intelligence (AI). SK Hynix makes special memory chips called High-Bandwidth Memory (HBM) chips, which are
Vietnam President Urges Responsible Commitment in Asia
President To Lam of Vietnam called upon the world’s great powers to take greater responsibility when working in the Asia-Pacific region. In his words, as we see more and more great powers competing for supremacy in the Asia Pacific, we must ensure that this competition does not come at the
South Korea Warns Against AI Wealth Inequality
South Korea’s Deputy Prime Minister Bae Kyung-hoon recently said that the economic gains created by artificial intelligence must be shared with the wider public rather than pooled and concentrated among big corporations or investors. His remarks arrive while concerns are growing that AI may, in fact, widen inequality and also
McDonald’s Super-Sizing Business Growth Across China
While many International brands are struggling to survive in China, McDonald’s is growing faster than ever. While companies like Starbucks and Nike are seeing very few customers, this famous burger chain is planning to open new stores across many more locations. By 2028, China is expected to have 10,000 stores,
Indonesia Beats Estimates with 5.61% Economic Growth
Indonesia started off extremely well economically in 2026. According to recently published statistics, the country’s GDP increased by 5.61% in the first quarter of 2026. In addition, this is the highest growth rate the country has recorded since the third quarter of 2022.. Moreover, this figure has beaten even the
India Gains Big from Landmark New Zealand Trade Pact
The trade pact is a recent development between India and New Zealand, which has been called an “economic relationship of a once-in-a-generation variety”. It allows duty-free entry for many of the goods exported by India, and thus provides Indian industry with an opportunity to establish itself more effectively in international
Meta May Reverse Manus Deal After the China Ban
Meta Platforms is preparing to reverse its acquisition of AI Startup Manus after the Chinese government blocked the deal on national security grounds, a move that cost more than $2 billion. The National Development and Reform Commission (NDRC) ordered the transaction to be unwound, marking a rare and significant intervention
Japan faces rising costs for plastic and metal
Japan is likely to feel the pinch of rising prices for plastics and metals as the Iran conflict drags on, disrupting energy markets worldwide and supply chains for industrial raw materials. Supply routes for factory essentials twist tighter the longer things drag on overseas. When oil prices shift, plastic production
Samsung Q1 Operating Profit Surges on Chip Demand
The electronics division of Samsung has made a huge profit for the first quarter because of the surge in demand for memory chips that increased the price of semiconductors. The electronics division of samsung experts an operating profit of 57.2 trillion won for the quarter, which is a significant jump
Japan Starts Releasing Oil Reserves Amid Iran War
Fuel prices began to steady when Japan tapped into stockpiled crude, responding to ripples from unrest near Iran. With tankers stuck or rerouted following chaos at the Strait of Hormuz, a chokepoint for oil, pressure built on supplies worldwide. That passage sees nearly a fifth of traded petroleum pass through
