Samsung Electronics, SK Hynix to invest in two new fabrication sites in South Korea, government says

Samsung Electronics, SK Hynix to invest in two new fabrication sites in South Korea, government says

Samsung Electronics and SK Hynix plan to each build two new massive chip fabrication sites in South Korea’s southwest region as part of a national project to build a chip production “ecosystem” valued at 800 trillion won ($517.87 billion), the government said on Monday. The plan was unveiled at the announcement of three new “mega-projects”…

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Goldman Sachs says stick with Asia's winners, keep diversifying into commodities

Goldman Sachs says stick with Asia’s winners, keep diversifying into commodities

The bank retained an overweight recommendation on North Asia, favouring South Korea, Taiwan, Japan and China’s domestic A-share market, alongside technology hardware, capital goods and banks. Asian stocks still have room to run even after a blistering first-half rally, while investors should continue diversifying into commodities as geopolitical shocks reinforce long-term demand for metals and…

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