Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle 
Coca-Cola Beverages Philippines, Inc. (CCBPI) suspended operations on a day-to-day basis in at least four plants due to the sugar shortage.
According to CCBPI corporate and regulatory affairs director Juan Lorenzo Tañada, the plants are located in Imus, Naga City, Davao, and Zamboanga.
Workers in these plants continue to receive their salaries without working.
Coca-Cola said the local soft drink industry needs at least 450,000 metric tons of premium refined bottle grade sugar to utilize its full manufacturing capacity for the rest of 2022.
