BCA Research advises a tactical, three-month trade favoring Chinese equities over South Korean stocks, citing a mean-reversion opportunity as a speculative rally in the KOSPI index unravels.
Chinese AI firm DeepSeek has reportedly suspended its second fundraising round, which targeted a valuation of around $74 billion, according to a Bloomberg News report citing sources familiar with the matter.
Ukraine claimed responsibility for long-range drone strikes on a major Lukoil oil platform and a Siberian refinery, while Russia accused Kyiv of killing 11 civilians in an attack on a holiday camp.
Michigan is confronting a massive cyclosporiasis outbreak linked to a national food supplier, with its response hampered by significant staffing shortages following the cancellation of federal public health grants.
Citi analysts are dismissing fears of a memory chip market peak, reiterating 'Buy' ratings for Samsung and SK Hynix based on tight supply chains and surging demand from artificial intelligence infrastructure.
Samsung Electronics announced an expanded collaboration with U.S. chip designer Broadcom covering foundry services, memory, and packaging, a pact valued at a potential $200 billion through 2030 that bolsters its competition with TSMC.
South Korean tech giants Samsung and SK Group have unveiled deals worth a combined $950 billion with U.S. firms including Nvidia and Broadcom, aiming to secure critical supply chains for AI chips and infrastructure amid soaring global demand.
South Korea's two largest memory chipmakers, Samsung and SK Hynix, have unveiled long-term supply partnerships with major U.S. technology firms valued at a combined $950 billion to meet soaring demand from the artificial intelligence sector.
State-owned Kuwait Petroleum Corporation has entered into a $16 billion lease and leaseback agreement for its oil pipeline network with a consortium of global investment funds, marking the largest foreign direct investment in the country's history.
