SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says 
Asian Currencies Rise as Yen Surges on Fed Rate Outlook 
Australia Trade Surplus Beats Forecasts in July as Exports Fall 
Bank of England Sees Surge in Higher-Risk Collateral 
Gold Prices Slide as Iran Conflict Fuels Fed Rate Hike Bets 
RBNZ Raises Interest Rate to 2.75%, Kiwi Dollar Slides 
Adobe Names Anil Chakravarthy CEO as AI Push Accelerates 
OpenAI Rejects Apple Trade Secret Theft Claims 
U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China 
Chinese AI Stocks Rally After OpenAI Launches GPT-6 Astra 
US Oil Blockade Deepens Iran’s Economic Crisis 
Anthropic Nears $15 Billion Credit Deal Ahead of IPO 
Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Ease 
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips 
US Strikes Iran IRGC Targets as Conflict Escalates 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
European Stocks Edge Higher as Bond Yields Ease 
Add as a preferred source on Google
The value of South Korea's online food delivery service market jumped 78.6 percent to 17.4 trillion won last year from 2019 amid the coronavirus pandemic.
It grew 6.4 times the 2.7 trillion won recorded in 2017 when the statistical agency started tracking related data.
Of the total transactions, 95 percent, or 16.5 trillion won, were mobile orders, with the remainder involving internet deals.
The surge in the number of food deliveries was attributed to the pandemic's impact that kept people from dining out.
Industry sources expect the local online food delivery industry to expand further due to growing consumer demand and virus-induced restrictions on restaurants.
The number of coronavirus infections in South Korea has exceeded 90,000.
