MediaTek Unveils 2nm Dimensity 9600 Pro AI Chip 
EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar 
Asian Tech Stocks Slide as AI Concerns and Rising Bond Yields Hit Chipmakers 
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 
OpenAI Weighs AI Development Slowdown Over Safety Risks 
Finland Raises 2026 Growth Forecast as Exports and Investment Surge 
Can Europe shake its Russia links for good? 
Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO 
Samsung Heavy Wins $1.22 Billion LNG Carrier and Tanker Deal 
SpaceX Nasdaq 100 Weight Set to More Than Double 
Central Banks Could Buy 20,000 Tonnes of Gold: BofA 
US Futures Fall as Fed Meeting, Oil Surge Rattle Markets 
Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing 
Treasury Buyback Fails to Cool Long-Term Yields 
Z.AI Shares Slide 7% After $5 Billion Fundraising 
Boeing, SPEEA Reach Tentative Four-Year Labor Deal 
Gold Prices Steady as Oil Disruptions Boost Fed Rate Hike Bets 
Add as a preferred source on Google
Exports of South Korea's two excavator makers Doosan Infracore Co. and Hyundai Construction Equipment rose 19 percent to US$200 million in December from the previous year ago, mainly due to a boom in China's construction market.
Excavator sales in China reached 292,864 units in 2020, increasing by 40 percent from 2019, according to the data provided by the China Construction Machinery Association.
The two excavator makers are expected to sustain their steady rise of shipments to China this year.
Kim Hong-gyun, an analyst at DB Financial Investment, noted that following China's policy of boosting its economy, the volume of its civil engineering and construction market is forecast to grow this year, increasing excavator sales.
Kim added that the high season of excavator sales in China may begin from the second week of February after China's Lunar New Year holiday.
In December, Doosan Heavy Industries & Construction Co. signed an initial deal to sell its stake in Doosan Infracore to with Hyundai Heavy Industries Holdings Co., the parent of Hyundai Construction Equipment.
