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AI chip boom yet to lift South Korea’s wider economy, Nomura economist sees limited spillover into demand

South Korea’s artificial intelligence-led semiconductor boom has yet to generate a meaningful spillover into the broader economy, even as concerns over the won and financial stability are increasing the likelihood of a Bank of Korea (BOK) rate hike next month, Nomura’s senior economist said.Speaking at Nomura’s Korea Equities & Economy Media Briefing in Seoul, Park…

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Perpetual futures could become crypto’s next ETF moment

The comparison may indicate how much the U.S. crypto derivatives market could change over the next several years. While spot bitcoin ETFs opened the door for traditional investors to gain exposure to bitcoin through brokerage accounts, regulated perpetual futures could give both retail and institutional traders access to one of crypto’s most popular trading instruments…

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West Bengal Woman Rescued from Gurugram Apartment After Two Years of Abuse | India News

A 39-year-old woman from West Bengal’s Birbhum district has been rescued from an apartment in Gurugram, where she was allegedly confined and forced to work as a domestic help for more than two years under abusive conditions.The rescue was carried out on Friday through a coordinated effort involving West Bengal Police, district authorities, civil society…

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US-China friction returns: Beijing protests Pentagon’s military-company label for BYD, Alibaba and Baidu

China on Saturday opposed the United States for adding several leading Chinese companies, including BYD, Alibaba and Baidu, to a Pentagon list of firms alleged to have links with the Chinese military, arguing that the move undermines understandings reached during last month’s summit between US President Donald Trump and Chinese President Xi Jinping.This comes despite…

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