GSK Reportedly Nears $9 Billion Acquisition of Cancer Drug Developer Nuvalent 
oOh!media Takeover Battle Intensifies as Bain Capital Joins Competing Bids 
Asics Considers Onitsuka Tiger Spinoff as Luxury Sneaker Brand Expands Globally 
Woodside Energy Acquires PetroChina’s Browse Stake, Expands Position in Major Australian Gas Project 
Asian Stocks Slide as Tech Selloff Deepens and US-Iran Conflict Escalates 
DOJ Clears Paramount Skydance-Warner Bros. Discovery Merger Without Conditions 
Dollar Stabilizes as Markets Weigh Middle East Ceasefire Prospects and Central Bank Policy Outlook 
Roku Explores Sale Options as Interest Grows in Streaming and Ad Business 
OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic 
Oil Prices Fall as U.S.-Iran Peace Deal Hopes Ease Supply Concerns 
BHP Port Hedland Workers Back Strike Action Amid Pay Dispute 
US Stock Futures Rise on Iran Peace Deal Hopes as SpaceX Debuts After Record IPO 
Gold Prices Drop as Strong Dollar, Rising U.S.-Iran Tensions Weigh on Market Sentiment 
Astera Labs and Rocket Lab Surge After Nasdaq-100 Inclusion Announcement 
New Zealand Manufacturing Slips Back Into Contraction in May 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
Hanmi Semicon Shares Surge After $33 Million SpaceX Investment 
Hyundai Motor Co. is in talks with a Chinese firm to form a joint company for the construction of its first overseas hydrogen fuel cell systems plant in Guangzhou this year as it seeks to enter the Chinese hydrogen market.
South Korea's biggest carmakers recently obtained government approval for the investment plan.
Hyundai is expected to announce the plant as early as this month.
Hydrogen technologies are regarded as one of South Korea's core technologies.
South Korea's Ministry of Trade, Industry, and Energy, which approved the plan, expects the hydrogen fuel cell systems plant to pave the way for Hyundai Motor to increase its exports to China.
Hyundai recently launched a fuel cell system brand, dubbed HTWO, which stands for the hydrogen molecule H2. The company aims to sell 700,000 hydrogen fuel cells in global markets in 2030.
