South Korea chip production hub plan unites Samsung and SK Hynix amid market caution South Korea aims to build a new chip production hub to anchor Samsung and SK Hynix …
Sato Asahi
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Business
Temasek reveals plan to boost AI investments 2.5-fold, targets data centers and semiconductors
by Sato Asahiby Sato AsahiTemasek to Increase Artificial Intelligence Investments 2.5-Fold, Targeting Data Centers and Chips Temasek to raise artificial intelligence exposure by roughly 2.5 times over five years, focusing on data centers and …
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Foundation Healthcare lists on Singapore Exchange and reaches $780m market cap
by Sato Asahiby Sato AsahiFoundation Healthcare IPO values Singapore hospital group at $780 million Foundation Healthcare IPO: Singapore-based hospital operator lists on SGX with $780m market capitalization three years after founding. SINGAPORE — Foundation …
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IMF Downgrades Cambodia Economic Outlook: Growth to Slow to 3% as Inflation Climbs to 5.6% IMF warns Cambodia economic outlook will weaken as energy costs, border tensions and cybercrime weigh …
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Tashkent airport breaks ground with Japan, South Korea and Saudi investors
by Sato Asahiby Sato AsahiJapan, South Korea and Saudi Investors Break Ground on New Tashkent Airport Japan, South Korea and Saudi partners break ground on the new Tashkent airport as Uzbekistan pushes to liberalize …
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Taiwan’s CSBC says first homegrown submarine nearly ready, urges legislature to back drones
by Sato Asahiby Sato AsahiCSBC: First Homegrown Submarine Nears Completion as Chairman Urges Funding for Maritime Drones CSBC says Taiwan’s first homegrown submarine is nearing completion and calls on the legislature to approve funding …
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Momenta IPO Raises $750m, Lists in Hong Kong Amid Profitability Concerns
by Sato Asahiby Sato AsahiMomenta IPO Opens in Hong Kong, Raises Over $750 Million as Shares Tick Up on Debut Momenta IPO in Hong Kong raised over $750 million; shares opened nearly 2% higher …
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Business
Japanese anime production costs surge over 50% as streamers spend more
by Sato Asahiby Sato AsahiAnime production costs surge more than 50% as global demand drives streaming wars Japanese anime production costs have risen by more than 50% in recent years, straining studios as global …
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Business
Samsung Electronics posts 19-fold Q2 profit surge as AI drives memory chip shortage
by Sato Asahiby Sato AsahiSamsung Electronics profit surge as Q2 operating profit jumps amid AI-driven memory demand Samsung Electronics profit surge: Q2 operating profit at 89.4 trillion won as AI-driven memory demand spurs fab …
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Yasuo Fukuda recalls working in oil industry during first 1973 oil shock
by Sato Asahiby Sato AsahiYasuo Fukuda Oil Shock Memories: Former Prime Minister Reflects on 1973 Crisis Yasuo Fukuda recalls the 1973 oil shock in detail, drawing on his early work in Japan’s nascent oil …