Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
CVS Health Signals Strong 2026 Profit Outlook Amid Turnaround Progress 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Coupang, the leading e-commerce platform in South Korea, revealed it would invest more than KRW100 billion or about $757.8 million for the construction of its second fulfillment center that will be operated by robot porters. The facility will be a dedicated hub for overnight and instant delivery of orders.
Coupang said that the robots in the new logistics center that will rise in Hwaseong would also help improve the work environment there. According to Aju Business Daily, the company which is always seen as the local equivalent of the American online retail giant, Amazon, started adding new facilities and systems to introduce various services that will make deliveries fast and very convenient for customers.
The company’s efforts to improve its shopping experience and deliveries paid off, as many customers are choosing Coupang. Moreover, its deliveries became really popular among busy working individuals and parents with children since most of them do not have time to visit stores to buy their needs. Coupang provided them with the convenient option of instant delivery for any items, including fresh food.
The company is able to deliver fresh goods due to its exclusive overnight delivery system, which was made possible by the availability of its automated fulfillment hub that is also equipped with cold-chain facilities and huge warehouses where the frequently bought items are stored for quick dispatch to homes.
Coupang said that the automated process of picking orders, sorting, and delivery are the important parts of its quick delivery service offerings. This is because robots can work non-stop for 24 hours, even on national holidays when most workers are on break.
Finally, the fulfillment center in Hwaseong will be built to become a robot-based logistics center. It will be filled with 1,000 robots that will be fully deployed throughout the building to reduce the workload of human workers, maintain safety at the facility, and make deliveries faster.
