BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Increasing demand for IT panels and OLED utilization growth should improve LG Display’s earnings through the second half of 2020.
The estimated second-quarter sales of LGD are at 4.97 trillion won, up 5 percent on-quarter with operating losses at 0.34 trillion won.
Shipments of IT panel portion of large-sized LCD and are expected to increase from 68 percent in 1Q to 73 percent in 2Q.
The company is expecting a robust demand for laptops, tablets, and monitor that will boost its IT panel production.
Furthermore, new product releases by clients and the expected normalization of operations at its new 8G OLED facilities in China should boost earnings.
However, LGD expects TV panel shipments to decline in 2Q20 due to the cancellation of major sports events.
The company has new OLED TV customers such as Vizio in the US and Huawei in China that would sustain its sales.
The company expects its OLED business to enjoy earnings growth in 2H20, with sales rising to W5.26 trillion, with its operating profit climbing to W0.8 billion.
LGD posted first-quarter sales of W 4.72 trillion and an operating loss of W 3.6 billion.
The company estimates the large-sized LCD IT panel shipments in the first quarter to be close to 70 percent.
