News
XCENA Secures $135 M as South Korea AI Chip Race Heats Up
1+ day, 11+ hour ago (248+ words) The latest funding round values XCENA at around $570 million and increases the company's total investment to nearly $185 million. Founded by former semiconductor experts from Samsung and SK Hynix, the startup is developing memory chip startup solutions designed to make AI…...
Korea's Financial Authorities lower the Age Threshold for Payment Card
2+ day, 6+ hour ago (1278+ words) As South Korea quietly rewrites the rules around youth finance, a larger transformation is unfolding'Korea's financial authorities lowers the age threshold for payment card usage. This amendment is reshaping how an entire generation learns to spend, save, and understand money....
CXMT Secures Approval for $4. 3 B Shanghai IPO in Semiconductor Push
3+ day, 12+ hour ago (425+ words) China's top homegrown memory chip maker, Chang Xin Memory Technologies (CXMT), has secured approval for a massive $4. 3 B Shanghai IPO as the country pushes hard to strengthen its semiconductor industry. The Shanghai Stock Exchange greenlit the company's listing application on…...
Jensen Huang Calls Taiwan the Epicentre of the AI Revolution
4+ day, 6+ hour ago (481+ words) Nvidia CEO Jensen Huang has declared Taiwan the epicentre of the AI revolution and announced the company will now spend around $150 billion a year on the island, while unveiling plans for a major new Nvidia Taiwan headquarters. Speaking at a…...
China's Online Retail Sales Rise 6. 6% in Early 2026
4+ day, 10+ hour ago (416+ words) China's online retail sales climbed 6. 6% in the first four months of 2026, reaching 6. 53 trillion yuan ($940 billion), according to official data released on May 26. This steady e-commerce growth shows how online sales China continues to outperform the broader retail sector amid a…...
IREN Expands AI Infrastructure With $1. 6 B Nvidia Deal
4+ day, 12+ hour ago (455+ words) Data center operator IREN has announced a major investment in artificial intelligence infrastructure, agreeing to purchase approximately $1. 6 billion worth of Nvidia-powered AI systems from Dell Technologies." The data center company announced it will buy Nvidia-powered Blackwell AI systems from Dell,…...
Singapore-based PFPFA Opens Signature Wealth Centre at Ngee Ann City
5+ day, 10+ hour ago (394+ words) Singapore-based financial advisory firm PFPFA Pte Ltd has officially launched its new PFP Signature Centre at Ngee Ann City, marking a significant milestone in the company's evolution as it deepens its focus on wealth preservation, legacy planning, and holistic financial…...
Japan Slips to Third Among Global Creditors Despite Record Assets
5+ day, 10+ hour ago (391+ words) Japan has slipped to third place among global creditor nations despite recording its highest-ever level of net external assets, marking a notable shift in global financial rankings. The latest government data released on Monday showed that while Japan's overseas wealth…...
Samsung Opens Up Chat GPT and Gemini Access for Employees
5+ day, 3+ hour ago (522+ words) Samsung Electronics is expanding Samsung AI capabilities by allowing more employees to use popular tools like Chat GPT and Google Gemini. Starting next month, staff in the company's DX Division will be able to use Chat GPT, Google Gemini, and…...
China's Boeing Deal Marks Shift in US Aviation Relations
1+ week, 1+ day ago (444+ words) China's planned Boeing purchase is being viewed as a significant step toward easing strained aviation ties with the United States, marking a possible shift in relations after years of political and trade tensions. The proposed deal, which could see Chinese…...