Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Coles Group Q3 Sales Rise Driven by Supermarkets and E-Commerce Growth 
South Korea will set up a 500 billion won guarantee fund financed by the government and carmakers to extend more loans to auto parts firms, said Finance Minister Hong Nam-ki on Thursday.
The public sector will also procure 9,500 cars by September to help the auto parts industry, said Hong.
Other measures to support the industry are helping companies win more overseas orders, bringing their plants abroad back to South Korea, and suspending a probe into their imports for one year.
Vice Finance Minister Kim Yong-beom said that the suspension is to ease auto parts firms' burdens due to plummeting exports of cars, which dropped 44.3 percent on-year in April.
From January to April, South Korea's shipped 599,071 cars overseas, down 25.5 percent from the same period last year.
