Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken 
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle 
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court 
South Korea’s Financial Services Commission will revise its regulatory system in July to allow local banks to operate nonfinancial services like food delivery via their mobile applications.
The country's top financial regulator will also enable financial entities, including banks, brokerages, and credit card operators, to set up “open banking” services, where customers can manage accounts at multiple financial entities by using a single mobile financial application.
Discussions and research are underway to expand the businesses in the finance sector.
The FSC will also implement emergency loan programs worth 3 trillion won for small merchants, who have were affected by the government’s ban on private gatherings of five or more people.
Maximum lending rates will also be reduced from 24 to 20 percent per annum starting February next year, which would ease financial burdens on pandemic-hit debtors.
