Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
South Korea will allocate 194.4 billion won for the development of robot technology next year, up 32 percent from 2020, to have robots play bigger roles assisting workers through 2022, and have them operate autonomously by 2026.
The country plans to lift a set of regulations to pave the way for local firms to develop customized robots for four major areas, namely the industry, commerce, medical, and public sectors.
South Korea's robot industry is expected to reach 20 trillion won in 2025, up from around 5.8 trillion won in 2018, to become among the world's top four players.
The number of local professional robot companies could increase to 20 from just six in 2018.
The country has already kicked off efforts to revise 33 sets of related regulations in different industries.
According to Prime Minister Chung Sye-kyun, South Korea will adjust unnecessary regulations that may hinder the utilization of robots in different industries.
Among the regulations to be introduced are those allowing self-driving delivery robots to run on sidewalks by 2025, providing subsidies on the acquisition of caretaker robots by 2024, setting new rules for valet parking robots, and establishing safety standards for robots deployed in disinfection efforts.
