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The State Council issued its approval of the "15th Five-Year Plan for Building a Tourism Powerhouse," agreeing in principle to the plan.

2026-07-07

The State Council issued its approval of the "15th Five-Year Plan for Building a Tourism Powerhouse," agreeing in principle to the plan.

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2026-07-07

Samsung Electronics reported preliminary Q2 operating profit of 89.4 tln won (YoY +1,810.2%), topping estimates of 87.3 tln won and exceeding the prior three years’ combined profit. Despite the beat, Samsung shares fell as much as 8% in early trading

Samsung Electronics reported preliminary Q2 operating profit of 89.4 tln won (YoY +1,810.2%), topping estimates of 87.3 tln won and exceeding the prior three years’ combined profit. Despite the beat, Samsung shares fell as much as 8% in early trading; SK Hynix slid 7.3%, sending the KOSPI down about 6%. Analysts said the muted reaction reflects elevated expectations — after provisioning for employee bonuses, profit driven by record storage-chip prices could have exceeded 90 tln won — and renewed concerns that AI-driven data-center buildouts and US tech AI infrastructure spending may slow. Albert Yong, managing partner at Petra Capital Management, said the strong result was largely priced in and investors remain worried about the sustainability of the AI boom.
2026-07-07

French presidential palace: Macron seeks to restore economic and trade cooperation with Syria.

French presidential palace: Macron seeks to restore economic and trade cooperation with Syria.
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