Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings 
Gold Price Rises as Softer Dollar and Fed Rate Expectations Boost Bullion Demand 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
South Korean tech companies are bolstering efforts to develop "metaverse" platforms to address continuously increasing demand as the pandemic fuels demand for online activities,
Among them is SK Telecom Co., South Korea's largest mobile carrier, which partnered with K-pop girl group STAYC to produce digital versions of its members on its Jump AR mobile app.
The app allows users to take videos and photos next to STAYC members as if they were physically there.
South Korea recently launched a metaverse alliance between 17 industry leaders, such SK Telecom, Korea Mobile Internet Business Association, and Hyundai Motor.
The alliance will establish ethical and cultural practices, share technology trends insights, and launch joint metaverse development projects.
