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A Nuvama research report warns that a slowdown in the global AI investment boom could reverse capital flows, sending Asian savings home and shifting balance-of-payments pressures to the US, potentially weakening the dollar and keeping Treasury yields elevated. The report notes a two-speed global recovery, with chip-producing economies outpacing others.
South Korea's alcoholic beverage production fell below 3 million kiloliters for the first time in 27 years in 2025, according to data from the National Tax Service. Shipments of beer, soju, and takju have declined for consecutive years, driven by health consciousness, population decline, and changing attitudes toward late-night gatherings.
South Korean advocate Baek Song-yi, harassed at a US firm, campaigns for victims' right to know disciplinary outcomes, highlighting legal gaps as most harassment cases go unreported. Labor attorney Kim Yu-kyung points to employer discretion, while the labor ministry stops at recommending disclosure.
Saudi Arabia's Crown Prince Mohammed bin Salman concluded a two-day state visit to France, meeting with President Emmanuel Macron amid agreements on health, transport, and energy, and discussions on regional security and a Dragon Ball-themed park.
South Korea's top pharmaceutical companies each spent over 100 billion won on research and development in the first half of the year, with leading firms like Yuhan, Chong Kun Dang, and Hanmi Pharm boosting their R&D investments. The sector's biopharmaceutical exports also hit record levels, underscoring the industry's growth trajectory.
Economic experts surveyed by Yonhap News Agency expect the Bank of Korea to revise its 2026 growth outlook to over 3 percent, citing strong semiconductor exports and recovering demand. Estimates range up to 3.4 percent, though some analysts caution that the semiconductor supercycle could peak sooner than expected.
A magnitude 3.1 earthquake struck off South Korea's southwestern coast on Sunday, but authorities confirmed all nuclear power plants are operating normally and no safety issues arose at any reactor facility.
Nvidia's largest customers have been informed that server prices will rise by more than 15% early next year, driven by soaring memory chip costs. The increase affects flagship Vera Rubin and Grace Blackwell systems and is already rippling through the AI supply chain, with Indian IT stocks rallying on anti-AI sentiment.
Michael La Sasso closed with a bogey-free 65 to win LIV Golf Indianapolis, his first professional title, finishing at 18 under par. The 22-year-old rookie edged Jon Rahm by one shot, becoming the youngest winner in LIV Golf history, and thanked Phil Mickelson for his support via text.
Michael La Sasso, a 22-year-old rookie, won LIV Golf Indianapolis with a closing 65, edging Jon Rahm by a stroke. Rahm secured his third straight season points title, while Cameron Smith faded to tied 17th. The event was clouded by LIV's uncertain future after the Saudi fund announced it would end investment.
External Affairs Minister S. Jaishankar downplayed the relevance of the Mecca Joint Defence Agreement signed by Pakistan, Saudi Arabia and Turkey, questioning what it had achieved amid 'live military situations' facing each signatory. India says it will factor the pact into its security calculus, while analysts debate whether the agreement is a genuine defensive alliance or a reaction to waning US security guarantees.
Malaysia's Aaron Chia-Soh Wooi Yik beat defending champions and world No. 1 pair Kim Won-ho-Seo Seung-jae 21-17, 21-18 in the World Badminton Championships semi-finals in New Delhi, setting up a second shot at the world title. They will face either China's Liang Weikeng-Wang Chang or Taiwan's Lee Jhe-huei-Yang Po-hsuan in the final on Sunday.
Miyu Yamashita rebounded from a bogey on the 17th with a birdie on the 18th to take a six-stroke lead into the final round of the CPKC Women's Open in Edmonton. The 25-year-old Japanese player, who shot 65 for a 19-under 191 total, is seeking her fourth LPGA victory in wire-to-wire fashion. Canada's Aphrodite Deng shot 63 to move into a tie for sixth, while Brooke Henderson and other contenders trail.
At VIT's 41st convocation, Delhi Chief Minister Rekha Gupta called on graduates to make India a creator of AI rather than a consumer, citing the India AI Mission and Delhi's partnerships with IITs. Chancellor G. Viswanathan highlighted India's low higher-education enrolment ratio and appealed to the new education minister.
Alex Lanier defeated Japan's Kodai Naraoka 21-11, 21-11 in the men's singles final at the BWF World Championships in New Delhi, becoming the first French player to win the title. The French pair of Thom Gicquel and Delphine Delrue also won gold in mixed doubles, making it a historic day for French badminton.
Two sources familiar with the matter say China is considering hosting the 2028 UN climate talks (COP33), though no final decision has been made. The move could bolster Beijing's climate leadership image and position it as a counterweight to the US, but also draws scrutiny given its emissions record.
World No. 1 An Se-young of South Korea defeated defending champion Akane Yamaguchi 21-17, 21-14 in the BWF World Championships final in New Delhi on Sunday, winning her second career world title. The victory, which came despite a recent knee injury, makes An the first South Korean singles player—male or female—to win two world championships.
South Korea's new Trade Minister Park Jung-sung in his inaugural address pledged to manage trade risks with Washington as the global trade order transforms. He highlighted strategic investment negotiations with the U.S. as both a challenge and an opportunity, and outlined plans to bolster irreplaceable industries while fostering new growth sectors.
A cross-party delegation of Japanese lawmakers arrived in Beijing this week for talks with Chinese Communist Party officials, the first such visit since relations deteriorated over Prime Minister Sanae Takaichi’s comments on Taiwan. Participants described severed official channels and expressed hope of restarting dialogue, while Chinese analysts characterised the trip as crisis management unlikely to produce a broader thaw. Parallel business and parliamentary exchanges continue amid prolonged tensions.
A Seoul court sentenced a Chinese national to 20 years in prison for leading a hacking scheme that stole over 38 billion won from victims, including BTS member Jungkook and a business tycoon. The court said the victims lost assets through no fault of their own, and noted the hacker showed no genuine remorse.