SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Naver Cloud has joined forces with Singapore’s StarHub telecommunication company to offer edge cloud computing-based 5G network services. The companies inked a deal this week for a strategic alliance that will allow them to provide advanced 5G network service in Southeast Asia.
South Korea’s Naver Cloud and StarHub will also work together to develop cloud computing technologies. As per The Korea Economic Daily, the latter has been providing communications, entertainment, and various content services to individuals and corporate clients for more than 20 years now so the cloud computing arm of Naver Corp. is very confident in their partnership.
The Singaporean telecom firm recently dived into a Cloud Infinity transformation and plans to take on a highly scalable and access-agnostic hybrid cloud new architecture. In any case, Naver Cloud will apply its own experience and technology acquired through the creation of Naver’s HQ’s private 5G network to the public 5G network in Singapore.
Together, Naver Cloud and StarHub also plan to develop ultra-low latency cloud, communications, and entertainment services that will be part of the latter’s new Cloud Infinity program. Furthermore, the deal they had signed indicated an agreement in the managed service provider (MSP) sector that delivers an array of services, including security, network, infrastructure, and application.
“Having embarked on DARE+ in 2021, we have reached the point where we are no longer just achieving project milestones, but going beyond telco to set new benchmarks for the entire industry,” StarHub’s chief technology officer, Ayush Sharma, said in a press release. “Maximising agility, Cloud Infinity will serve as a cradle of innovation for our enterprise and consumer businesses, allowing us to deliver the market’s most unique, meaningful, and enriching products and services with speed and reliability.”
He added that they are “pleased to work with Naver Cloud, Amazon Web Services (AWS), Google, and Nokia to deploy this new network architecture, doubling down on digital to realize growth without frontiers, and reimagining what StarHub can be for our customers, partners, and stakeholders.”
