Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years.

The European Commission said on Saturday that Europe was prepared to retaliate against President Donald Trump’s plan to double tariffs on imported steel and aluminum, raising the prospect of an escalating trade fight between two of the world's largest economic powers.

China's manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States.

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries.

RGE and TotalEnergies, through their equally-owned  joint venture Singa Renewables (Singa), have entered into a Co-Investment Agreement to develop, build and operate a solar photovoltaic (PV) power plant with battery energy storage  system (BESS) in Riau Province, Indonesia. The utility-scale project will be constructed in phases.

Alibaba Cloud collaborated with PT GoTo Gojek Tokopedia (GOTO) and the Communications and Digital Ministry to organize the Alibaba Cloud Indonesia GenAI Hackathon 2025.

"I would say that they are a bit stalled," Bessent told broadcaster Fox News when asked about trade talks with Beijing.

World stocks were heading for their best month since late 2023 on Friday and the dollar was flirting with its first monthly rise of the year, while traders waited for key inflation data and assessed the latest in Washington's to and fro on tariffs.

Asian shares continued a rally from Wall Street and the dollar held gains on Wednesday on promising economic signs in the United States and speculation of strong tech earnings.

Equities meandered Tuesday as investors awaited the latest developments on Donald Trump's trade war, while the yen rallied after the head of Japan's central bank flagged more interest rate hikes if the economy improved.