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Samsung Electronics will invest about 60 trillion won in South Korea's Yeongnam region to build production centers for humanoid robots, solid-state batteries, AI server packaging substrates and high-value shipbuilding, aiming to create a global physi

2026-07-03

Samsung Electronics will invest about 60 trillion won in South Korea's Yeongnam region to build production centers for humanoid robots, solid-state batteries, AI server packaging substrates and high-value shipbuilding, aiming to create a global physical-AI innovation cluster. Samsung president and DX division head Roh Tae-moon said concentrated investment in humanoid robots, AI data centers and advanced manufacturing would create 200,000 high-quality jobs. The group issued a press release outlining a group-level investment plan centered on Gumi, Ulsan, Busan and Geoje after a briefing at Gyeongsang National University in Jinju.

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2026-07-03

PBOC data for June showed a net injection of 10 bln yuan via open‑market government bond transactions, bringing cumulative H1 net injections to 300 bln yuan. June operations also included a 200 bln yuan net MLF injection and a 137.2 bln yuan net with

PBOC data for June showed a net injection of 10 bln yuan via open‑market government bond transactions, bringing cumulative H1 net injections to 300 bln yuan. June operations also included a 200 bln yuan net MLF injection and a 137.2 bln yuan net withdrawal via other structural liquidity tools. Short‑term liquidity provision comprised 7‑day reverse repo net injections of 582.6 bln yuan and other‑tenor reverse repo net injections of 300 bln yuan. The PBOC’s Q1 monetary policy execution report said it routinely conducts government bonds buy/sell operations and will flexibly adjust scale according to base‑money needs and bond‑market conditions.
2026-07-02

S&P 500 reversed earlier gains to trade lower; Nasdaq down 0.7%, Dow up 0.5%.

S&P 500 reversed earlier gains to trade lower; Nasdaq down 0.7%, Dow up 0.5%.
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