Russia Stocks End Flat at Three-Year Low as MOEX Index Stalls, Gold Prices Climb 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Posco and Doosan Heavy Industries & Construction will jointly develop ammonia hydrogen extraction technology and the gas turbines that use the hydrogen as fuel.
Under the memorandum of understanding signed online by the two companies and the Research Institute of Industrial Science & Technology (RIST), Posco will produce and supply ammonia while developing the cracker to dismantle ammonia into hydrogen and nitrogen to be used for gas turbines.
Doosan will develop and produce the gas combustion burner for the cracking process and the hydrogen-powered gas turbine.
RIST is working on expanding large-capacity ammonia hydrogen extraction to a commercial-grade process.
The development of ammonia-derived fuel is part of the companies’ efforts to utilize eco-friendly energy sources, as ammonia use does not emit any carbon dioxide.
