Samsung and SK Hynix Turn Down KEPCO's Multibillion-Dollar Prepayment Demand
South Korea's state utility sought 25 trillion won upfront as it struggles with mounting debt, but the chipmakers declined the unusual five-year advance payment scheme.
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South Korea's state utility sought 25 trillion won upfront as it struggles with mounting debt, but the chipmakers declined the unusual five-year advance payment scheme.

The 670 MW hydrogen-ready facility will supply power to 1.2 million households as the city-state prepares for surging electricity demand from semiconductors and data centers

The Philippine conglomerate's first-half core earnings reached ₱54.2 billion, driven by its fuel, power and food divisions despite volatile global markets and cautious consumer spending.

The Philippine tycoon acquires a 25.68% stake in Lopez Inc. from Gabby Lopez's family branch, marking the first outside investor in the conglomerate's private parent company.

Power surges up to 50% above rated capacity threaten infrastructure built for predictable computing loads

Hanoi reduced retail gasoline and diesel costs Thursday, tracking a weeklong slide in international crude benchmarks driven by Middle East diplomacy and U.S. inventory builds

Vietnam's state-owned fuel distributor outpaces Vingroup and other major conglomerates in H1 2026 revenue rankings

Diesel and gasoline prices fall by less than one peso per liter as West Asia developments ease pressure, but LPG surges ₱40 per cylinder

Brent and WTI crude tumbled nearly 5% after the US president signaled willingness to negotiate over Strait of Hormuz access and Tehran's atomic program

Opposition MP calls for parliamentary committee to scrutinize approvals as Chonburi province faces 13 new facilities amid resource shortages

The Philippines faces its second consecutive week of sharp pump price increases, with gasoline and diesel climbing as regional oil markets remain under pressure from geopolitical instability.

The Singapore-listed infrastructure trust delivered S$0.0199 per unit for the first half, supported by revenue growth and defensive contracts amid regional volatility

The PSEi climbed 0.54 percent on bargain hunting and relief from lower crude prices, while the currency strengthened from its record low.

Over 32,000 member-consumers endorse joint venture to modernize aging distribution infrastructure in Mindanao cooperative

Market speculation around strategic investor entry lifts Lopez Holdings 8.6% as family dispute continues to delay shareholder meetings across the Philippine group

Regulators impose stricter efficiency rules and utilization penalties as the sector faces a $20 billion financing gap and looming power shortages

Keppel and Sembcorp led declines on the Straits Times Index after renewed US-Iran tensions disrupted shipping routes and sent crude oil soaring