Daily brief
South Korea on July 9 saw its 2026 growth outlook revised up to 2.6% by the IMF, as strong chip demand helps offset the Mideast crisis, while SK Hynix guided its US offering price 3.1% above its Korea close and US Commerce Secretary Lutnick pressed SK Hynix and Samsung to boost memory output in the US.
LG's $1 billion investment highlights Vietnam's climb up the semiconductor value chain.
Samsung earned more in one quarter thanks to AI than in the previous three years combined.
Nigerian stocks overtook South Korea's Kospi to claim the world's top returns.
by WorldBrief & Maksim Micheliov | AI-generated summary