South Korea unveils $880bn chip and AI investment plan
South Korea has unveiled plans for at least $880bn (£666bn) of investments to build out the country's chip manufacturing and artificial intelligence (AI) capabilities in the coming years.
South Korea has unveiled plans for at least $880bn (£666bn) of investments to build out the country's chip manufacturing and artificial intelligence (AI) capabilities in the coming years.
South Korea has unveiled plans for about $1tn (£760bn) of investments to build out the country's chip manufacturing and artificial intelligence (AI) capabilities in the coming years.
Moving to a state with no income taxes may seem like a no-brainer for many retirees. Texas and Florida are probably the classic examples of places that have built up a reputation for being "cheap" retirement destination…
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Microsoft Corporation (NASDAQ:MSFT) is one of the 10 Best Stocks to Buy According to Billionaire Richard Chilton.
2024 was a massive turning point for crypto. After years of regulatory back and forth, a few of the biggest asset managers in the world were allowed to offer spot Bitcoin (BTC) exchange-traded funds (ETFs).
US president Donald Trump has vowed to impose a 100% import tariff on any European country that introduces a digital services tax on American technology giants.
US president Donald Trump has vowed to impose a 100% import tariff on any European country that introduces a digital services tax on American technology giants.
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NEW YORK, June 26 (Reuters) - The dollar slipped for a second straight session on Friday as recent economic data and a drop in oil prices cooled expectations for Federal Reserve rate hikes, although the yen remained in…
Chip stocks slid on Friday as traders digested a report that OpenAI (OPAI.PVT) may delay its planned 2026 initial public offering (IPO) until next year.
Motorists in the UK are already seeing cheaper fuel prices after the US and Iran struck an agreement to end their war, with further falls expected in the coming weeks.
Motorists in the UK are already seeing cheaper fuel prices after the US and Iran struck an agreement to end their war, with further falls expected in the coming weeks.
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Asian stock markets fell sharply on Friday, led by a sell-off in technology firms as investors worried that recent jumps in share prices had gone too far.
Asian stock markets fell sharply on Friday, led by a sell-off in technology firms as investors worried that recent jumps in share prices had gone too far.
US stocks were volatile on Friday, as a report of a potential delay to OpenAI's (OPAI.PVT) IPO added to the headwinds that have whipsawed markets this week.
The dollar index (DXY00) today is down by -0.19%. The dollar is under pressure as today's stock rally has reduced liquidity demand for the dollar. Also, benign inflation news today may keep the Fed from tightening monet…
In the case of Bitwise 10 Crypto Index, the RSI reading has hit 29.4 — by comparison, the RSI reading for the S&P 500 is currently 44.6. A bullish investor could look at BITW's 29.4 reading as a sign that the recent hea…
The US Dollar Index (DXY) had every excuse to extend on Thursday and declined instead. A firm batch of US data crossed the wires, yet the Dollar eased off the top of its multi-month rally, slipping back toward 101.45 af…
The US Dollar Index (DXY) lost momentum on Thursday, retreating toward the 101.40 area after a fresh batch of United States (US) economic data showed sticky inflation, stronger growth, and a resilient labor market. Annu…
Federal Reserve (Fed) Bank of New York President John Williams said in a speech released by text on Thursday that monetary policy remains “well positioned” for the current economy, while warning that inflation may take …
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight a sharp USD/CNH spike to 6.8195, now seen consolidating between 6.8030 and 6.8185 on an intraday basis after an overdone rise. On a 1–3 week horizon,…