SMIC Refuses Price Cuts as AI Investment Drives Demand for Peripheral AI Chips SMIC will not lower chip prices despite weak smartphone and auto demand, saying surging AI investment is …
lifts
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Business
Malaysia economy accelerates in Q2 as AI investment lifts consumer spending
by Sato Asahiby Sato AsahiMalaysia economy accelerates in Q2 as AI investment and consumer spending drive growth Malaysia economy quickened in Q2, with strong AI-driven investment and household spending supporting a better-than-expected performance, the …
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Business
Singapore GDP rises 5.9% in Q2 as AI demand lifts electronics exports
by Sato Asahiby Sato AsahiSingapore economy grows 5.9% in Q2 as AI-driven demand lifts electronics exports Singapore economy expanded 5.9% year‑on‑year in the April–June quarter as a global AI boom pushed demand for electronics …
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Politics
Anthropic resumes Claude Fable 5 access after US lifts export ban
by Sui Yuitoby Sui YuitoAnthropic’s Claude Fable 5 Restored as U.S. Lifts Export Controls U.S. Commerce Department lifts export controls on Claude Fable 5, allowing Anthropic to restore access from July 1; global availability …
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Business
SoftBank overtakes Toyota in market cap as AI rally lifts shares
by Sato Asahiby Sato AsahiSoftBank market cap surpasses Toyota as AI rally and OpenAI stake lift shares SoftBank market cap surpasses Toyota as AI rally and its OpenAI stake propel shares, reshaping Japan’s stock …
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Business
National Museum of Korea reimagines exhibits as K-pop boom lifts visitor ranks
by Sato Asahiby Sato AsahiNational Museum of Korea Reaches No. 3 Globally as K-pop and K-culture Drive Young Visitors National Museum of Korea reimagines exhibits and outreach, rising to third worldwide in visitors as …
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Business
Nikkei jumps to record 63,339 as SoftBank-led tech rally lifts markets
by Sato Asahiby Sato AsahiNikkei record high surges as tech-led rally lifts Tokyo stocks amid geopolitical optimism Japanese stocks hit an all-time Nikkei record high of 63,339.07 as technology names including SoftBank powered a …
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Business
KOSPI surges 8% after Samsung strike suspended and Nvidia rally lifts market
by Sato Asahiby Sato AsahiKorean stocks surge as KOSPI jumps over 8% after Samsung labor deal and Nvidia rally Korean stocks rallied sharply as the KOSPI index rose more than 8% following a last‑minute …
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Business
Japanese stocks surge as US‑Iran peace optimism lifts Tokyo after Golden Week
by Sato Asahiby Sato AsahiJapanese stocks leap as Tokyo reopens May 7 after Golden Week on U.S.-Iran optimism Japanese stocks jumped as Tokyo reopened May 7 after the Golden Week holidays, buoyed by signs …
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Business
Asian stocks surge after Trump hints at Iran deal, chip frenzy lifts Korea Taiwan
by Sato Asahiby Sato AsahiAsia Markets Rally as Trump Signals Iran War Deal May Be Within Reach Asian stocks rose after President Trump signaled a possible deal to end the Iran war, boosting chip …