Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
Arm Holdings Q1 Earnings Beat Estimates, Strong Q2 Outlook Fails to Lift ARM Stock 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Samsung Q2 Profit Surges on AI Memory Chip Demand, Forecasts Strong Second Half 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Qualcomm Stock Falls as Weak Q4 Forecast, Apple Revenue Decline Overshadow AI Data Center Growth 
Starbucks Stock Jumps as Q3 Earnings Beat, Sales Growth Drives Higher 2026 Outlook 
Chipotle Q2 Earnings Beat Expectations as Sales Growth Drives Higher 2026 Outlook 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
South Korea's telecom operators could now more freely set their pay plans and be creative in wooing subscribers with the National Assembly approving revisions to related laws.
However, some consumers worry that the move will bring higher mobile services rates.
With the telecommunications business act now revised and the rule on mobile tariffs authorization scrapped, the leading mobile carrier need not get government approval before releasing new mobile service pay plans.
All SK Telecom Co., currently the leading mobile carrier, has to do is to report to the state regulator when it plans to introduce new mobile tariff plans.
Consumers favor the old regulation, insisting it acts as a safeguard against rate hikes from the country's top mobile carrier. But mobile carriers claimed that it limited free competition.
Consumer advocate groups criticized the revision for allowing users to spend more on their mobile phone contract.
Ahn Jin-geol, who represents the People's Livelihood Economy Research Institute, complained that there is de facto collusion among the three mobile carriers, SK Telecom, KT Corp., and LG Uplus Corp., in copying tariff plans from each other.
He doubts that the scrapping of the authorization rule could boost competition and alleviate burdens caused by mobile tariffs.
The government assured that there would be no unreasonable rate hike from mobile carriers as the revised law contains a clause allowing the state regulator to put new rate plans on hold if found violative of fair business practices and discriminates against users.
