Business

SK Chair Says Anthropic Asked for Supplies to Make Its Own Chips

AI developer Anthropic PBC has asked SK Hynix Inc., one of the world’s biggest manufacturers of memory chips, for supplies to make its own semiconductors, SK Group Chairman Chey Tae Won said.

Chemical manufacturer ends sales of controversial herbicide

The chemical giant has ended sales in Australia and New Zealand, blaming new regulatory restrictions, as well as commercial, manufacturing and logistical challenges.

Trump announces plan to impose new tariffs on imports from Canada and Mexico

THe US leader has repeatedly threatened additional tariffs on Canadian products over air pollution from the country's ongoing wildfires

US lawmakers accuse Leon Black of acting in bad faith in Epstein probe

House oversight committee accuses billionaire former Apollo chief of failing to produce non-disclosure agreements

SpaceX launches massive Starship rocket in first test flight since IPO

Elon Musk's rocket maker is conducting the first test fight for its massive Starship rocket since the company's IPO last month.

Big Asia Stock Funds Turn to Laggards to Cut Risk From AI Swings

Investors in Asia are snapping up stocks from Indonesian banks to Chinese e-commerce titans and Indian technology firms, trimming bets on popular AI trades which have turned increasingly volatile.

Nvidia to Invest $1 Billion in Naver and Expand SK Group Accord

Nvidia Corp. will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea, adding to a frenzy of deals by the world’s most valuable company.

Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership

Yen’s worst week since May brings it close to ¥165 vs. dollar

Japan's currency is approaching the closely watched ¥165-per-dollar level after hitting a fresh 40-year low of ¥163.99 on Thursday.

US sanctions more than 50 Jalisco cartel-linked individuals and businesses

The U.S. Treasury on Thursday imposed sanctions on 39 Mexican individuals and 16 companies it alleges are linked to the Jalisco New Generation Cartel (CJNG), calling it “the largest action ever taken” against the notorious crime gang. The…

Students tell us how to keep graduation outfit costs down

Four newly graduated students tell us how they kept the cost of their dresses and suits down.

Japan identifies large share of rare earths in deep-sea mud off remote island

An analysis of mud from off Minamitorishima island found medium and heavy rare earth elements accounted for about 54% of the total rare earth content.