Oil Prices Slide as OPEC, IEA Cut 2026 Demand Forecasts 
Bill Ackman’s Pershing Square Returns to Netflix With Major New Stake 
Thyssenkrupp Raises 2026 Profit Outlook as Steel and Materials Units Strengthen 
Sanrio Shares Plunge as Q1 Profit Miss Overshadows Strong Sales 
Aviva First-Half Operating Profit Jumps 24% as Direct Line Deal Boosts Growth 
OpenAI Executive Brad Lightcap to Leave for New AI Venture 
ANZ Home Loan Applications Drop 12% After Australia Property Tax Changes 
Antofagasta Shares Drop 5% as Miner Cuts 2026 Copper Production Forecast 
Samsung, SK Hynix Shares Surge on Report of Potential Temasek Investment 
Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears 
Australia’s Corporate Leaders Face Parliament Over KPMG Client Data Scandal 
CBA Posts Record A$10.98B Profit Despite Cautious Outlook 
Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan 
Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data 
Add as a preferred source on Google
South Korean shipyards were awarded 910,000 compensated gross tons (CGTs) of new orders to outpace their Chinese rivals for the seventh straight month in January.
The orders received by South Korean shipyards represent 54 percent of the 1.7 million CGTs ordered globally in January or 24 of 66 ships.
It was a substantial on-year increase for Korean shipbuilders, who received new orders of 70,000 CGTs, or two ships, a year ago.
According to the data provided by global market researcher Clarkson Research Service, Chinese shipbuilders came in second with 510,000 CGTs, representing 30 percent, with the Japanese at third with 260,000 CGTs.
New shipbuilding orders globally increased 14 percent from 1.49 million CGTs a year ago to 1.7 million CGTs in January.
Global order backlogs slightly fell by 1.92 million CGTs, or 3 percent, to 69.78 million CGTs in January from December.
Order backlogs by Chinese shipbuilders reached 24.59 million CGTs, or 35 percent of the total, followed by South Korean shipbuilders with 21.88 million CGTs and Japanese shipbuilders with 8.39 million CGTs.
