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NORTH KOREA NUCLEAR EXPANSION
Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...- Samsung, SK Hynix mega South Korea chips gamble tests optimism of AI cycleSouth Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While...
- Global Market: Financial firms shift Asia expansion focus to South Korea, take cautious stance on China and IndiaGlobal financial firms are increasingly prioritising South Korea for Asia-Pacific expansion while adopting a cautious approach towards Chin...
- India tops Taiwan to reclaim fifth spot in global market capitalisationIndia has surged back to the fifth spot globally in market capitalization, surpassing Taiwan. This marks India's second ascent in recent we...
- European heatwave: Riot vehicles, fire hoses and soaked pedestrians. How Germany is battling record heatEurope is grappling with an intense heatwave, shattering weather records and pushing temperatures above 40 degrees Celsius in several natio...
- In Idaho, the next generation of US nuclear reactors nears realityA new era of nuclear power is dawning in the US, with startups Antares, Aalo Atomics, and Valar Atomics achieving critical milestones in de...
- South Korea, Japan reaffirm denuclearisation goal, closer defence tiesSouth Korea and Japan are strengthening security ties, reaffirming their commitment to denuclearizing the Korean peninsula. Defence ministe...
- Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRIA potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer ma...
- Samsung readies $648 billion bet, report says, as AI boom reshapes South KoreaThe investment, which would include AI data centers, batteries and displays, will be announced at a meeting with President Lee Jae Myung at...
- The AI boom is wobbling, but the bubble hasn't burstGlobal stock markets are experiencing a cautious rebound following a tech sell-off, fueled by AI spending and hawkish US interest rate sign...
- Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
- Adani Enterprises: A high-risk, high-reward bet that is not for the faint-hearted: Sudip BandyopadhyayAdani Group is set to invest $15-20 billion over the next five years, focusing on expanding its ports to handle 1 billion tonnes, boosting ...
- North Korea's Kim vows to accelerate military buildup: KCNANorth Korean leader Kim Jong Un vowed to accelerate the country's military buildup at a party meeting, state media reported Tuesday, citing...
- US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
- South Korean leader books golf with Trump after 'pinky promise'South Korean President Lee Jae Myung anticipates a golf game with Donald Trump. The US president made a pledge for a round of golf during G...
- South Korea president urges Trump to help make peace with NorthSouth Korea's President Lee Jae Myung has asked US President Donald Trump to lead efforts for peace with North Korea. This comes as the US ...
- North Korea, China claim wins from Xi visit, but limits remainChinese President Xi Jinping visited North Korea, with both nations claiming significant gains. The trip boosted North Korean leader Kim Jo...
- North Korea calls US push for its denuclearization 'anachronistic dreams'North Korea's Kim Yo Jong dismissed U.S. denuclearization calls as "anachronistic dreams," vowing to expand the nation's nuclear arsenal am...
- North Korea to build 10,000-ton destroyer, state media says before Xi Jinping's visitNorth Korea announced plans to build a 10,000-ton destroyer and develop secret underwater weapons, with leader Kim Jong Un ordering the dep...
- Amid US-Iran war, North Korea flaunts new nuclear fuel facility, Kim Jong Un calls it "amazing, beyond rhetorical description"North Korea has revealed a new facility for nuclear bomb fuel production, with Kim Jong Un vowing to exponentially expand the nation's nucl...
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