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DBS Raises Singapore’s 2026 GDP Growth Forecast to 4.3% as Geopolitical Risks Ease and AI Investment Stays Strong
Singapore’s economy is gaining momentum faster than expected. In late June 2026, DBS raised its forecast for the country’s GDP growth to 4.3% for 2026, up sharply from its earlier estimate of 2.8%. The upgrade reflects easing geopolitical tensions and strong global investment in artificial intelligence and semiconductor technologies. As a major trade and technology…
Samsung Electronics and SK Hynix to Build Four New Chip Fabs Under South Korea’s ₩800 Trillion Semiconductor Mega Project
South Korea is pushing one of the biggest semiconductor expansion plans in the world, worth about ₩800 trillion, or nearly $520 billion. The plan focuses on strengthening chip manufacturing, AI memory production, and advanced semiconductor supply chains. At the center of this move are Samsung Electronics and SK Hynix, two global leaders in memory chips….
Turtlemint Fintech Solutions IPO Listing: Share Price Debuts at ₹134.90 on NSE, Falls 11% as Stock Crashes on Debut
Turtlemint Fintech Solutions made a weak Dalal Street entry on June 29, 2026. Shares settled at ₹134.90 on the NSE, a discount of 11.25% over the issue price of ₹152. On BSE, the stock opened at ₹136.20, down 10.39% from the same issue price. The muted debut came as no surprise. Grey market premiums had…
Australian Shares Outlook: Oil Price Surge and RBA Minutes Take Center Stage
Australian shares are expected to begin the week on a cautious note as investors closely watch rising oil prices, the latest RBA meeting minutes, and global market signals. Higher crude prices have increased concerns about inflation, while the Reserve Bank of Australia remains focused on balancing price stability with economic growth. Investors are also monitoring…
Samsung Unveils $648 Billion AI Investment Plan to Power South Korea’s Future
Samsung Group is making history on June 26, 2026. Samsung Group plans on Monday, June 29, to pledge investment of 1,000 trillion won ($648 billion) in South Korea over 10 years, part of an initiative that aims to turn the country’s AI boom into a nationwide growth engine. Top executives from Samsung Electronics and SK…
Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program
Rheinmetall (ETR: RHM) suffered its worst single-day drop ever on June 24, 2026, falling as much as 16% intraday before stabilizing around –13% by 09:06 GMT. Germany’s defence ministry scrapped the delayed F126 frigate program, eliminating a €12.8 billion contract that Rheinmetall had been set to lead. TKMS shares surged 9.8% in response, marking the…
SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide. As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…
Sterling & Wilson Renewable Shares Jump 7.3% to ₹260.80 on Reports of $560 Million Egypt Solar Project Win
Sterling & Wilson Renewable (NSE: SWSOLAR) surged 7.3% to an intraday high of ₹260.80 on June 23, 2026, from a prior close of ₹242.91. The catalyst was a reported $560 million EPC contract win for the West Minya Solar Power Project in Egypt, secured through a joint venture with Hassan Allam Construction. The project is…
ASX 200 Closes Down 0.33%, Iluka Resources Plunges 10.7% While Temple & Webster Gains 4.2%
The ASX 200 ended June 23, 2026, at 8,800 points, down 0.33% on the session. Tech, mining, and energy sectors led the losses, while logistics, industrial services, and healthcare offered modest support. Investors are also awaiting key US inflation data this week for clues on the Fed’s policy path, while locally, attention is turning to…