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The South Korean KOSPI index narrowed its intraday decline to 1.00%.

2026-10-23

The South Korean KOSPI index narrowed its intraday decline to 1.00%.

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2026-10-23

SK Hyper is negotiating with major tech firms and financial investors to finance a data center project estimated at $350bn. The SK Group unit targets 15GW of capacity in South Korea by 2035. CEO Chung Suk-geun said the initial 5GW phase alone will co

SK Hyper is negotiating with major tech firms and financial investors to finance a data center project estimated at $350bn. The SK Group unit targets 15GW of capacity in South Korea by 2035. CEO Chung Suk-geun said the initial 5GW phase alone will cost $350bn including equipment. The company aims to close a first external funding round by year-end or early 2027 and to continue raising capital over the next three to four years. SK plans to share construction costs with data-centre tenants and external investors, amid a global AI infrastructure buildout despite market demand concerns.
2026-10-23

The Central Bank of Russia kept its key interest rate unchanged at 14%.

The Central Bank of Russia kept its key interest rate unchanged at 14%.
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