Micron Strong Revenue on AI Boom; Shares Drop On Spending Plan
Micron Technology forecasts strong third-quarter revenue above Wall Street’s market expectations, and this announcement comes after the company reported a big jump in their second-quarter performance. The reason for this growth is the rising demand for memory chips used in artificial intelligence (AI) systems. Even after a good performance, the
Macquarie Exits $7B Kuwait Oil Deal Amid Iran Conflict
The Australian investment firm Macquarie dropped out of a $7 billion deal to buy a stake in Kuwait’s oil pipelines. This makes them the first major investors to walk away from a Middle Eastern deal due to the ongoing war in Iran. The situation in the Gulf has become
Reliance Inks $3Billion Green Ammonia Deal With Samsung
On Monday, India’s Reliance Industries said it had signed an agreement with Samsung C&T, affiliated with South Korea’s Samsung Group, to supply green ammonia for 15 years, with the total value exceeding $3 billion. The supply will begin in the second half of 2029, the Indian conglomerate said in an
Singapore to Seek Clarity Amid Trump’s Tariff Pressure
According to Singapore’s Ministry of Trade and Industry, Singapore will actively engage with the United States Trade Representative’s office to seek clarity on trade data and the recently announced Section 301 investigations. U.S. President Donald Trump has recently launched two trade investigations into excess industrial capacity in major trading countries,
Why Learning FinTech Can Boost Your Career Opportunities in Modern Finance
Today, financial services are different from what they were even five years ago. The integration of technology into finance has given rise to new careers for professionals who understand both fields. If you are currently working in finance or looking to get into finance, fintech education can give you the
Tensions Rising in West Asia Threaten India’s Gem Exports
The ongoing conflict in West Asia is significantly impacting India’s jewellery and gem exports from the United Arab Emirates. India is in danger due to $98 billion in imports, including crude oil, LNG, and diamonds. According to ANI reports, a prominent diamond trader and president of the diamond association in
Iran Crisis Threatens South Korea’s AI Chip Industry
South Korea’s semiconductor industry is on high alert due to a growing crisis in the Middle East involving Iran. This conflict has the potential to disrupt the global chip market in two major ways: by choking the supply of essential manufacturing minerals and by cooling demand for artificial intelligence (AI)
Turkmenistan Targets $45B in the U.S. Business Deals
Turkmenistan’s national leader, Gurbanguly Berdimuhamedow, visited Florida in February 2026 to launch a new chapter in US-Turkmenistan relations. He met with several corporations, including Boeing, General Electric, and John Deere, to expand partnerships in agriculture and industry. According to Turkmenistan, the visit emphasised that American businesses have already implemented projects
Hyundai’s $7bn Proposal: The Future of AI and Robotics
Shares of Hyundai Motors and Kia surged by 10.5% and 15% on Wednesday, February 25, 2026, respectively, following news of a massive 10 trillion won ($7 billion) investment planned for South Korea’s west coast. This five-year project in the Saemangeum area is designed to transform the region into a high-tech
Busan Bank Launches AI Credit Model to Cut Blind Spots
An artificial intelligence (AI)-based “alternative credit scoring model” has been officially launched and announced by BNK Busan Bank. The new system is designed to support its existing credit evaluation method, which has mainly relied on customer financial information, such as loans, credit cards, and banking transactions. The new credit scoring
