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9/16
02:10
Citi Report: AI's "continuous learning" will lead to memory supply-demand imbalance, with DRAM and NAND shortages expected to persist until 2031.
Citi stated in a report on September 14 that as AI enters the "continuous learning" era, demand for HBM, server DDR5, and enterprise solid-state drives (eSSD) will experience explosive growth starting in 2027. Citi expects the DRAM supply/demand ratio (S/D ratio) to worsen to -8.7% and -9.7% in 2027 and 2028, respectively, while the NAND S/D ratio will also fall to -6.1% and -5.5% during the same period, with the supply-demand imbalance projected to continue until 2031. The report also forecasts that global memory capital expenditure will surge by 46.5% year-on-year to $80.4 billion in 2027, but due to the limitations of capacity build-out cycles, it will be difficult to close the supply-demand gap.
02:10
South Korea's Posco launches second 120-hour partial strike, HD Hyundai Heavy Industries extends walkout, as labor unrest intensifies across key manufacturing sectors.
South Korea's Posco launches second 120-hour partial strike, HD Hyundai Heavy Industries extends walkout, as labor unrest intensifies across key manufacturing sectors. Posco's latest action, its second strike in 58 years, targets the No.2 hot-rolling mill and is set to run until Monday.
02:05
ByteDance's AI-powered short-drama app Hongguo has eclipsed China's Netflix rivals combined
Launched in 2023, Hongguo quickly became a household name by riding China’s short-drama boom, propelled by a surge in AI-generated content and AI-animated dramas using models like ByteDance’s Seedance.
02:04
Hong Kong rated Asia’s top financial hub for 4th straight year and third globally in GFCI report released on Wednesday, scoring 756 points
Hong Kong has retained its status as Asia’s top financial hub for a fourth consecutive edition of the Global Financial Centres Index (GFCI), even as many of the world’s leading centres saw their scores slip slightly amid rising geopolitical headwinds. The city also ranked third globally in the 40th edition of the twice-yearly report, released on Wednesday amid a remarkably tight race at the top of global finance. Hong Kong scored 756, just one point behind London on 757 and a point ahead of...
02:01
Hong Kong to Launch Dim Sum Bond Index, Aiming to Boost Trading and Reinforce Offshore Yuan Hub Role, Says Chief Executive John Lee
02:00
Investors remain bullish on equities and AI spending despite soaring Treasury yields and oil prices breaking above $100.
The U.S. 10-year government bond yield surpassed the 5% mark on Tuesday, and Brent crude oil prices remained above $100 per barrel. However, Bank of America's latest Global Fund Manager Survey indicates that most investors remain optimistic about growth and earnings prospects, expecting strong AI spending to continue. The survey found that 49% of fund managers were overweight global equities in September, with their earnings per share growth expectations for the next 12 months reaching a new high since August 2021. Additionally, 38% of respondents anticipate the global economy will "boom" in the coming year. BlackRock Investment Institute stated that despite rising yields, they maintain a pro-risk stance and continue to be overweight U.S. equities and AI-related assets.
01:55
Pound and UK Stocks Stronger Ahead of Inflation Data
01:54
US House votes 220-204 to end Iran war, approving resolution to halt Trump's military action; 7 Republicans join in favor
This marks the third time the House has approved such a war powers resolution, following previous efforts this summer. However, none of these resolutions have reached President Trump's desk, where he would almost certainly veto the measure. The conflict, which Trump launched on February 28, has dragged on for nearly seven months, with missile strikes causing regional instability.
01:54
China's Pinglu Canal, the first modern river-to-sea waterway, opens on Wednesday, expected to cut shipping distances to Southeast Asia by ~560km and logistics costs by 18-30%
The 134km canal, which links the Xijiang River with the Beibu Gulf, aims to provide a shorter route to the sea for vast areas of southwest China. The project cost approximately $10.8 billion (72.7 billion yuan) and is part of China's New International Land-Sea Trade Corridor and Belt and Road Initiative. It is estimated to reduce transport costs by over $700 million (5 billion yuan) annually.
01:52
AI Boom Creates Unexpected Billionaires in Overlooked Sectors
The AI boom, spurred by the rise of ChatGPT in 2022, is generating a new class of billionaires from companies that manufacture previously overlooked industrial products and obscure hardware, as demand for AI infrastructure soars.
01:43
Korean Air finalizes record $44.8 billion aircraft order with Boeing, GE Aerospace and CFM International
The deal, first outlined over a year ago, includes $36.2 billion for 103 Boeing aircraft (20 Boeing 777-9s, 25 787-10s, 50 737-10s, and eight 777-8F freighters), along with approximately $8.6 billion in agreements with GE Aerospace and CFM International for 21 spare engines and a 15-year maintenance contract for 28 aircraft.
01:39
Nikkei Asia: India's Data Center Development Plan Receives Billions in Rupees of Incentives, But Is Not Expected to Directly Create a Large Number of Jobs
Nikkei Asia analysis indicates that despite the Indian government offering billions of rupees in incentives for data center projects by companies like Google and Amazon, these projects are not expected to directly create a large number of jobs. India currently generates about 20% of global data but accounts for only 4% of the world's data center capacity. Job creation has become a critical issue amid concerns of "jobless growth."
01:34
South Korea's PanStar Group plans to expand Arctic container voyages from next year, betting on high-value cargo after a 20-day trial run to Europe.
PanStar Group aims to compete with larger Chinese operators by focusing on a seasonal service for high-value cargo.
01:30
Oil falls, Asian stocks rise ahead of Fed rate decision
Crude prices declined on Wednesday but remained near multimonth highs, while Asian stocks gained as investors awaited the Federal Reserve’s rate decision.
01:26
Daewoo E&C to modernize 250km Karakum Canal section in Turkmenistan
South Korea's Daewoo Engineering & Construction (Daewoo E&C) will cooperate with Turkmenistan to modernize a 250-kilometer section of the Karakum Canal. The firm and Turkmenistan's State Committee for Water Management signed a memorandum of understanding (MOU) for the project on Tuesday, aiming to expand Daewoo E&C's presence in Turkmenistan's industrial sectors.
01:21
SK Hynix labor dispute resolved as production workers approve 50-50 cash-stock bonus agreement, averting a strike.
Production workers at South Korean chipmaker SK Hynix on Wednesday approved a revised labor deal, ending weeks of negotiations and averting a strike. Under the new agreement, profit-sharing bonuses will be distributed 50% in cash and 50% in stock. The deal received 57.08% support in a two-day vote, with 15,297 out of 16,039 eligible union members participating.
01:15
HD Construction Equipment wins 45-excavator order for Hong Kong railway expansion
South Korea's HD Construction Equipment has secured an order for 45 Develon excavators, including seven 53-ton models and 38 midsize to large models (14-36 tons). These machines will be deployed for MTR Corp.’s Tung Chung Line extension in Hong Kong, a project involving 1.2 kilometers of new track and station facilities on reclaimed coastal land.
01:14
University of Manchester Uses NVIDIA Earth-2 AI to Forecast UK Air Pollution
The University of Manchester has successfully leveraged NVIDIA's Earth-2 AI models and tools to develop a high-resolution air pollution forecasting model for the UK. The model, trained in just two days on the UK's national AI supercomputer Isambard-AI, can predict air pollution at a resolution of 2-3 square kilometers. This breakthrough enables the simulation of future pollution scenarios, such as the impact of government policy changes, and could provide proactive air quality alerts for healthcare organizations.
01:10
South Korea's Woori Bank's prepaid travel card surpasses 10,000 foreign users in three months
Woori Bank announced Wednesday that its NOL World Card, a prepaid card designed for foreign visitors, has surpassed 10,000 issuances just three months after its launch. The card, developed with travel platform operator NOL Universe and fintech company Kona I, allows visitors to exchange currency, add funds, withdraw cash, and make payments in Korea without needing to open a local bank account.
01:07
AIMA's Kher Sheng Lee Looks Forward to More Accommodative Measures in Hong Kong's Five-Year Plan
Kher Sheng Lee, Managing Director and APAC Co-Head at the Alternative Investment Management Association (AIMA), stated that his industry group anticipates more accommodative measures to help the industry expand in Hong Kong, following the city's newly announced Five-Year Plan.
01:05
Barclays Report: OpenAI's safety monitoring requirements will increase the overall computing power costs for the AI industry by approximately 18% starting in 2027, adding over $44 billion in new expenditures.
Barclays' latest research report indicates that OpenAI's safety monitoring requirements for high-capability models, disclosed on August 18, 2026, are expected to increase inference and post-training computing power demand by 20%. This will drive an approximate 18% increase in overall computing costs for the AI industry starting from 2027, corresponding to over $44 billion in new expenditures. The report suggests that AI safety regulation is evolving from an ethical issue into a quantifiable cost variable, potentially reshaping the investment logic for AI infrastructure. Barclays anticipates that the gross margins for inference at AI labs will gradually converge from their current level of over 80% to a long-term average of 65%.
01:04
Korea Eximbank discussed expanding economic cooperation with Uzbek President Mirziyoyev during the inaugural Korea-Central Asia Summit in Seoul
The Export-Import Bank of Korea said it discussed expanding economic cooperation with Uzbek President Shavkat Mirziyoyev during his visit to Seoul for the inaugural Korea-Central Asia Summit. Korea Eximbank Chairman and CEO Hwang Ki-yeon met Mirziyoyev on Tuesday following the Korea-Uzbekistan Business Round Table, held on the sidelines of the summit. Hwang described the gathering as an opportunity to deepen bilateral economic ties.
01:04
Binance to update tick size for spot trading pairs on 2026-09-23
01:03
New Zealand Parliament Passes Legislation, Paving Way for Free-Trade Agreement with India
New Zealand's parliament passed legislation enabling a free-trade agreement with India, clearing the way for a deal Prime Minister Christopher Luxon has described as “once-in-a-generation.”
00:57
Musk reposted a tweet stating that the Zambian government has launched a three-year digital learning program that will connect 70 schools via Starlink.
Elon Musk retweeted a post from cb_doge stating that the Zambian government has launched a three-year digital learning program, powered by Starlink, to connect 70 schools, expand digital learning and skills, and bring internet access to surrounding communities.
00:42
Musk reposts tweet explaining Terafab's necessity: Addressing chip supply challenges from geopolitical risks and scaling demands like AI.
Elon Musk reposted a tweet from @XFreeze, which outlined two main reasons for the existence of Terafab (large-scale wafer fabs): first, geopolitical risks, as advanced chips from Taiwan may not be available in the future; second, the issue of scale, as even with stable supply, the capacity of existing fabs cannot meet the continuous growth in demand from AI, humanoid robots, and autonomous vehicles. Musk added, "Either build Terafabs or fail to scale." He emphasized that chips are the foundation of all these technologies (server AI, edge computing, Optimus robots, Tesla cars, etc.) and require a massive and reliable semiconductor supply to ensure chip availability and enable the unlimited expansion of AI and robotics.
00:40
Hong Kong Plans Faster Tech Hub Development to Boost Home Supply
Hong Kong pledged to accelerate the development of a technology hub near mainland China, building on previous measures to create momentum for the ambitious multibillion-dollar project.
00:37
Investors disregard Romanian risk, chase its junk-rated high-yield bonds
Traders view Romanian bonds as the EU's only junk-rated sovereign debt, with their high yields attracting investors despite the country's persistent political crises.
00:37
PBOC Chief Unfazed by Credit Slump as Era of Surging Loans Ends
China’s central bank governor signaled that a long period of massive credit growth has come to an end. His remarks amounted to a message of reassurance for markets after an abrupt deceleration in lending, as the economy loses its appetite for borrowing.
00:34
Binance will add two bStocks tokenized securities as collateral assets.

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