SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
South Korea's 59 major business groups increased spending in the first quarter of the year by 22 percent to reach 21.78 trillion won from 17.84 trillion won a year earlier.
The data was based on the expenditures of 373 companies affiliated with the business groups.
The increased spending is seen as a preparation to secure competitiveness after the coronavirus pandemic.
Their combined sales of the 373 companies increased 7.1 percent on-year to reach 356.69 trillion won while operating income dipped 39.1 percent to 14.88 trillion won from the previous year.
Samsung Group spent 7 trillion won in the first quarter, almost double the 3.73 trillion won it spent a year before.
Its flagship, Samsung Electronics Co., pushed up spending from 3.07 trillion won last year to 6.47 trillion won.
In contrast, SK Group's investment fell to 3.87 trillion won from 4.29 trillion won.
