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SOUTH KOREA'S LEE said South Korea must develop new investment hubs beyond the existing semiconductor clusters in Yongin and Pyeongtaek as local power and water infrastructure nears capacity. He urged nationwide expansion of AI data centers and impro

2026-06-29

SOUTH KOREA'S LEE said South Korea must develop new investment hubs beyond the existing semiconductor clusters in Yongin and Pyeongtaek as local power and water infrastructure nears capacity. He urged nationwide expansion of AI data centers and improved industrial data collection and utilization to build a more complete physical AI industry ecosystem.

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2026-06-29

The German DAX 30 index opened 73.28 points higher, or 0.30%, at 24,755.00 on Monday, June 29th; the UK FTSE 100 index opened 18.52 points lower, or 0.18%, at 10,489.50 on Monday, June 29th; and the French CAC 40 index opened 10.60 points lower, or 0

The German DAX 30 index opened 73.28 points higher, or 0.30%, at 24,755.00 on Monday, June 29th; the UK FTSE 100 index opened 18.52 points lower, or 0.18%, at 10,489.50 on Monday, June 29th; and the French CAC 40 index opened 10.60 points lower, or 0.13%, at 8,374.27 on Monday, June 29th. The Euro Stoxx 50 index opened 4.50 points higher, or 0.07%, at 6226.05 on Monday, June 29. The Spanish IBEX 35 index opened 53.45 points lower, or 0.28%, at 19371.85 on Monday, June 29. The Italian FTSE MIB index opened 47.15 points higher, or 0.09%, at 51312.50 on Monday, June 29.
2026-06-29

Japan has drafted a blueprint targeting annual real GDP growth of more than 1% and nominal growth of 3% by 2040, roughly double its five-year average. The plan cumulative public and private investment projects above ¥370 trillion (about $2.29 trillio

Japan has drafted a blueprint targeting annual real GDP growth of more than 1% and nominal growth of 3% by 2040, roughly double its five-year average. The plan cumulative public and private investment projects above ¥370 trillion (about $2.29 trillion) by FY2040, an annual private-sector capex target of about ¥230 trillion and a GDP level near ¥1,100 trillion. The blueprint centers on strategic public‑private partnerships and directed support for industries the government views as critical to long-term competitiveness to address chronic underinvestment. The government urged the Bank of Japan to maintain growth‑friendly interest‑rate settings, signaling a preference for lower financing costs and raising the prospect of policy friction as the BOJ cautiously withdraws from ultra‑loose policy.
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