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Seoul plans elite national AI model in record budget

Finance 2h
Seoul plans elite national AI model in record budget

The 2027 budget rises 12.8% to 820.9 trillion won, with 21.3 trillion won set aside for AI.

TL;DRRecord budget boosts South Korea's sovereign AI push

CNBC Markets7s read
Source
Crypto now
Crypto exchange thefts may be harder to stop than bank heists

The reported $6.3 billion Binance breach has renewed debate over how resilient exchanges are compared with banks.

TL;DRExchange security debate renewed after large breach report.

CoinDesk8s read
Source
Stocks 8m
FTSE 100 falls as crude slide weighs on oil majors

Oil majors led the index lower as crude prices slid during the session.

TL;DROil weakness drags London's blue chips lower

Investing.com7s read
Source
Finance 10m
Apollo launches $11 billion private credit platform, backed by Abu Dhabi
CNBC5s read
Source
Finance 14m
China's slow farm purchases test US trade pledge

Beijing's gradual buying of American agricultural goods is putting a $17 billion commitment under scrutiny.

TL;DRSlow Chinese buying questions a $17 billion pledge

Investing.com7s read
Source
Finance 30m
Ryanair CEO warns of fare rises up to 20% in 2027

TL;DRHigher fuel costs may push European airfares up

CNBC5s read
Source
Finance 39m
Citi starts Vusion at buy, citing 84% upside

Citi has begun coverage of Vusion with a buy rating, pointing to growth in electronic shelf labels.

TL;DRCiti sees strong upside from label demand

Investing.com7s read
Source
Crypto 42m
Bitcoin ETFs post outflows after Binance hack

TL;DRInvestors pulled money from Bitcoin funds last month.

Cointelegraph5s read
Source
Stocks 1h
ADNOC signs AI deal with OpenAI during Altman's Abu Dhabi visit

Abu Dhabi's ADNOC has signed an artificial intelligence agreement with OpenAI while Sam Altman is in the city.

TL;DRADNOC secures an AI partnership with OpenAI

Investing.com9s read
Source
Finance 1h
Turkish clearinghouse CEO resigns amid widening fund probe

TL;DRTakasbank chief leaves as probe expands

Bloomberg Markets5s read
Source
Stocks 1h
Phillip Securities raises Amazon rating on AWS strength

Phillip Securities upgraded its rating on Amazon stock, citing strength in Amazon Web Services.

TL;DRAnalyst sees AWS driving Amazon upgrade

Investing.com7s read
Source
Stocks 1h
Alphabet launches second euro bond sale this year

Alphabet Inc. is selling euro-denominated bonds for the second time this year, across seven tranches.

TL;DRAlphabet is returning to euro debt markets again.

Bloomberg Markets7s read
Source
Crypto 1h
Bitcoin tests key support within a descending channel

Bitcoin is trading near a major support level while moving inside a downward-sloping price channel.

TL;DRBitcoin is testing support in a downtrend

Investing.com7s read
Source
Finance 1h
London Gas Oil trades sideways below key moving averages

London Gas Oil prices are consolidating beneath important moving-average levels, according to live market data.

TL;DRGas oil stays weak, holding below key averages

Investing.com7s read
Source
Stocks 1h
FTSE 100 expected to trail Europe in tech rebound

UK stocks are forecast to rise more slowly than European peers as technology shares recover.

TL;DRUK stocks lag Europe's tech recovery

Bloomberg Markets7s read
Source
Finance 1h
Mahle, Schott reportedly pick banks for India listings

Germany's Mahle and Schott Pharma are said to be exploring initial public offerings in India.

TL;DRGerman pair eyeing Indian stock market debuts

Bloomberg Markets7s read
Source
Finance 1h
UAE oil chief urges bigger stockpiles, refining nearer buyers

The UAE's oil chief argues the world needs more oil storage and fuel production closer to consumers.

TL;DRMore storage and local refining, per UAE oil chief

Bloomberg Markets8s read
Source
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