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India's Defence Output Sees Record High, Private Sector Contribution Grows
In Entwicklung
Defense·13 sa önceKI-Zusammenfassung

India's Defence Output Sees Record High, Private Sector Contribution Grows

India's defence output hit a record $18.7 billion in FY 2025-26, with the private sector contributing 24% ($4.4 billion). This marks a shift from state dominance, with private firms increasing involvement in drones, surveillance, and components. However, experts note private firms still complement, not replace, state manufacturers in critical technology areas.

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SCMP Economy
Seoul stocks open at record high, surpassing 9,000 mark
In Entwicklung
Business·5 g önceKI-Zusammenfassung

Seoul stocks open at record high, surpassing 9,000 mark

Seoul stocks surged past 9,000 for the first time, opening at a record high Friday, driven by a continued chip rally fueled by the artificial intelligence boom. Overnight gains on Wall Street, particularly from chipmakers like Intel, Nvidia, and Micron, boosted the market. Analyst Han Ji-young of Kiwoom Securities anticipates the chip rally to continue, though profit-taking might limit further gains.

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