Can Europe shake its Russia links for good? 
Ex-Google DeepMind Researcher Warns AI Could Pose Existential Threat 
Asian Stocks Steady as AI Shares Rebound Ahead of Fed Decision 
Oil Prices Surge as Houthi Attacks Deepen Hormuz Supply Fears 
Bill Gates Warns Governments Are Unprepared for AI Disruption 
Gold Prices Fall as Hot U.S. Inflation Boosts Fed Rate Hike Bets 
Asian Tech Stocks Slide as AI Concerns and Rising Bond Yields Hit Chipmakers 
SoftBank Shares Jump 8% as SB Energy IPO Optimism Builds 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
OpenAI Rules Out 2026 IPO as Altman Prioritizes AI Safety 
US Futures Fall as Fed Meeting, Oil Surge Rattle Markets 
OpenAI Weighs AI Development Slowdown Over Safety Risks 
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 
Treasury Buyback Fails to Cool Long-Term Yields 
Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing 
Hyundai Delays In-House ADAS, Turns to Nvidia 
Enflame Shares Surge 200% in Shanghai AI Chip Debut 
Add as a preferred source on Google
The Export-Import Bank of Korea (Eximbank) expects a 12 percent on-year increase in South Korea's first-quarter exports due to strong demand for its chips and automobiles.
For the first quarter, Eximbank estimates outbound shipments to reach around US$145 billion.
In January, the country's exports reached 11.4 percent on-year to extend on-year gains for a third straight month.
An official from the bank partly attributed the figures to the economic recovery of major export destinations, such as the US, the EU, and China.
The US and China account for around 40 percent of South Korea's outbound shipments.
However, Eximbank warned that the looming COVID-19 variants, which are more contagious, along with delayed vaccine supplies could affect its forecast.
South Korea's exports plunged 5.4 percent in 2020 from the previous year.
