South Korea Factory Expansion Continues as Export Orders Reach Six-Year High
South Korea's manufacturing PMI remained expansionary at 52.3 as export demand reached its strongest level since November 2020.
AI, Science & Technology
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Anthropic’s $35 Billion Lambda Deal Raises the Stakes in AI Compute Spending
Anthropic's reported US$35 billion Lambda cloud deal highlights frontier AI's enormous compute requirements and interconnected financing risks.
Anthropic Restarts External AI Cyber Testing After Real-System Access Incidents
Anthropic resumed external cyber evaluations after three of 141,006 test runs reached real systems through misconfigured environments.
Apple Leadership Reset Puts Services Governance and App Store Strategy in Focus
Apple's wider leadership reset shifts attention to App Store governance, services execution and continuity under incoming chief executive John Ternus.
OpenAI Advertising Reaches $1 Billion Run Rate as Global Expansion Accelerates
OpenAI's advertising business has reached a US$1 billion annualised run rate, widening its revenue mix as self-service access expands globally.
Z.ai Revenue Jumps 400% as Cloud Growth Narrows First-Half Losses
Z.ai's first-half revenue rose 400% as cloud deployment surged, but heavy research spending kept losses high and tested investor expectations.
Huawei’s R&D Push Lifts Revenue but Compresses Profit and Cash Flow
Huawei lifted first-half revenue and R&D spending, but profit fell 36% and operating cash flow turned negative as technology investment intensified.
South Korean Chip Rally Lifts Kospi as Foreign Investors Sell
South Korean technology and battery shares lifted the Kospi, while foreign selling, won weakness and higher bond yields kept investors alert to risk.
China’s AI-Led IPO Boom Rewrites Hong Kong’s Capital-Market Map
AI and robotics listings are driving a surge in Chinese fundraising, placing Hong Kong and Shanghai at the centre of a rapidly changing IPO market.
CIMB’s Technology Drive Cuts Costs and Expands Digital Banking Leverage
CIMB is simplifying processes and deploying AI to lower costs, while TNG Digital’s accelerating profitability strengthens its regional digital strategy.