Oil steadies after US threatens indefinite blockade of Iran

Australia tourist arrivals in New Zealand hit record

Stats NZ said visitors from Australia and China made up two-thirds of the lift.

1d ago ·rnz.co.nz

RNZ prepares to cut 10 percent of jobs

It is adjusting to a reduction in the amount of funding received from the government.

1d ago ·rnz.co.nz

South Korea Export Prices Hit 28-Year High

South Korea’s terms of trade improved last month by the widest margin since data collection began, as rising semiconductor prices and falling international oil prices converged simultaneously.

• South Korea's export prices reached a 28-year high in July 2026.
• Semiconductor costs rising and oil prices falling boosted trade terms.
• Export price index hit record high, surpassing 1998 levels.

1d ago ·businesskorea.co.kr

HBM Boom Raises Commodity Memory Risks

The memory semiconductor market is entering a new phase in which the High Bandwidth Memory (HBM) boom driven by artificial intelligence (AI) demand and concerns over supply pressure in commodity DRAM…

• HBM market growth projected at 53.4 billion Gb in 2027
• 287% surge in memory semiconductor exports in July
• Chinese manufacturers expanding in commodity memory market

1d ago ·businesskorea.co.kr