Kioxia projects a 48-fold quarterly profit increase, driven by rising AI data center demand and memory chip prices, signaling strong industry growth.
Japan’s Kioxia forecasts 48-fold quarterly profit jump on AI demand
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International Relations
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Japan and South Korea tech stocks swoon and bond yields soar
Japanese and South Korean tech stocks plummeted, bond yields hit multidecade highs amid rising oil prices and global risk re-pricing.
Tehran accuses UAE of involvement in attacks on Iran
Iran has formally accused the United Arab Emirates of involvement in recent attacks against Iran, amid rising regional tensions and diplomatic disputes.
US and China end ‘stability’ summit Trump says produced ‘a lot of good’
US and China concluded a two-day summit in Beijing, with Trump praising the talks but offering few specifics on achievements. The outcome remains unclear.
China spy case in Norway exposes weaknesses in Europe’s Arctic front
Norwegian authorities arrest a Chinese woman on espionage charges, exposing vulnerabilities in Europe’s Arctic security amid rising geopolitical tensions.
Trump-Xi summit live: US president departs from China
U.S. President Donald Trump has left China after a high-level summit with Xi Jinping, amid discussions on trade, Taiwan, and AI. Key agreements remain undisclosed.
Editor’s Choice: Xi’s Taiwan warning steals the headlines in first round of US-China summit
Xi Jinping warns of potential clash over Taiwan during first round of US-China talks; implications for global stability remain uncertain.
Trump-Xi summit live: US president set to leave China after talks
U.S. President Trump concludes his China visit after talks with Xi Jinping, emphasizing trade deals and strategic discussions amid ongoing tensions.
Pakistan cuts Gwadar fees, eyes transit traffic from postwar Iran
Pakistan cuts fees at Gwadar port to attract transit cargo from Iran, aiming to position itself as a regional trade hub amid ongoing Middle East tensions.
Anthropic urges tough chip controls as Nvidia CEO joins Trump in China
Anthropic urges tighter chip export restrictions amid Nvidia CEO’s visit to China with Trump, highlighting tensions in AI race and tech security concerns.
