SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
IBM Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Strong shipments of chips and autos pushed South Korea's exports soaring by 16.7 percent on-year to $30.4 billion in the first 20 days of February from $26 billion a year earlier.
Meanwhile, imports jumped 24.1 percent on-year to $31.6 billion, resulting in a $1.21 billion trade deficit, according to the Korea Customs Service.
South Korea's exports of autos surged 45.9 percent while those of memory chips jumped 27.5 percent on-year during the cited period.
Semiconductors comprise about 20 percent of South Korea's exports.
However, exports of petroleum products fell 5.7 percent on-year while computers and related devices dropped 4.8 percent.
China was South Korea's largest trading partner, with exports rising 32.7 percent, while outbound shipments to the US rose 14 percent.
In January, South Korea's exports, which account for half of its economy, increased 11.4 percent on-year due to brisk demand for chips and autos.
Last year, the country's exports plunged 5.4 percent on-year due to the pandemic's impact.
