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South Korea’s presidential office said Samsung Electronics and SK Hynix will unveil major investment plans at a chair meeting by President Lee Jae-myung on Monday. The announcement will be made at a Blue House briefing at 1400 KST (1300 Beijing) outl

2026-06-28

South Korea’s presidential office said Samsung Electronics and SK Hynix will unveil major investment plans at a chair meeting by President Lee Jae-myung on Monday. The announcement will be made at a Blue House briefing at 1400 KST (1300 Beijing) outlining one of three government “super projects” to promote regional balance; the plan is being driven by the ministries of trade, science, transport and energy. Samsung Electronics chairman Lee Jae-yong and SK Group chairman Chey Tae-won will attend. Market observers expect the two chipmakers to invest more than 1,000 trillion won over the next decade (about $650 billion), potentially including a semiconductor cluster in the southwest Honam region.

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2026-06-28

The Egyptian cabinet announced that, in accordance with the privatization plan, Egypt will temporarily list four state-owned enterprises (including three oil companies) on the stock exchange.

The Egyptian cabinet announced that, in accordance with the privatization plan, Egypt will temporarily list four state-owned enterprises (including three oil companies) on the stock exchange.
2026-06-28

According to Iran's Tasnim News Agency, the Iranian Islamic Revolutionary Guard Corps Navy and Aerospace Force launched joint missile and drone operations in Kuwait and Bahrain in response to recent US strikes.

According to Iran's Tasnim News Agency, the Iranian Islamic Revolutionary Guard Corps Navy and Aerospace Force launched joint missile and drone operations in Kuwait and Bahrain in response to recent US strikes.
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