TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
US-Iran Conflict Escalates Amid Oil Blockade and Rising Global Tensions 
Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets 
Oil Prices Surge Near $120 as U.S.-Iran Tensions Threaten Global Supply 
Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Tokyo Inflation Slows Despite Energy Pressures and BOJ Policy Outlook 
Trump Urges Iran to Sign Nuclear Deal Amid Ongoing Conflict and Port Blockade 
Australia Inflation Surges in March as Fuel Prices Spike Amid Middle East Conflict 
China Factory Activity Extends Growth in April Despite Global Pressures 
Google Secures Pentagon AI Deal for Classified Projects 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves 
Hyundai Heavy Industries Group (HHIH) successfully conducted a test run of a fully autonomous cruise ship, which navigated through the narrow 10-kilometer Pohang Canal.
However, an HHIH official clarified that the 12-person cruise ship is not technically equivalent to "degree four" of automation identified by the International Maritime Organization (IMO) since crew members were on board for safe sailing.
A degree four is the highest degree level of ship automation where the operating system is able to make decisions and determine actions by itself.
In October, local rival Samsung Heavy Industries Co. announced its 38-meter-long, 300-ton remote autonomous ship successfully navigated 10 kilometers in seas under remote control.
Avikus Corp., which led the sea trial of HHIH's fully autonomous cruise ship, plans to conduct a sea trial of a large merchant ship using its autonomous navigation technologies possibly in the second half.
HHIH expects the autonomous ship and the market for related equipment to grow by an annual average of 12.6 percent to US$235.7 billion by 2028.
