Economy

Key TakeawaysSouth Korea’s economy is benefiting from strong demand across three pillars: semiconductors, shipbuilding and defence exports.Surging investment in artificial intelligence has driven appetite for advanced memory chips, a segment where Korean firms hold leading positions.A revival in global shipbuilding orders, including high-value vessels, …

Key TakeawaysSouth Korea’s largest conglomerates are positioned to benefit from three powerful demand trends at once: AI-driven chips, shipbuilding and defence.Leadership in advanced memory has placed Korean technology giants at the centre of the global AI infrastructure build-out.A tighter global shipbuilding market has boosted …

Key TakeawaysA scenario in which SpaceX surpasses Amazon in market value would represent an extraordinary milestone for a company that remains privately held.Such a ranking would be driven largely by the rapid growth of its satellite internet business and its dominance in commercial launch.Valuations …

Key TakeawaysA broad Royal Navy refresh, encompassing new vessels, upgrades and sustainment, could create substantial work for capable British shipyards.Cammell Laird, a historic Merseyside yard with diversified capabilities, stands among the facilities that could benefit from rising naval demand.Renewed naval investment supports skilled jobs, …

Key TakeawaysA carmaker has moved into the drone defence arena through a partnership focused on counter-drone and related military technology.The collaboration reflects a broader trend of automotive manufacturers applying their engineering and production strengths to defence.Drone defence has become a high-priority area as low-cost …

For more than a century, the automotive industry has been a showcase of industrial prowess, mastering the art of building complex machines at enormous scale and steadily falling cost. Today, that same prowess is being eyed for a very different purpose. As the demands …

Modern air defence faces a stubborn economic problem. The threats that fill today’s skies, including small drones and other inexpensive aerial systems, are cheap and plentiful, while the interceptors traditionally used to stop them are sophisticated and costly. Defending against a wave of low-cost …