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Korean Chip Stocks Slide on China's DRAM Push, Raising Fears of Intensifying Competition

Shares of Samsung Electronics and SK hynix fell sharply on Oct. 13 as concerns mounted over technological advances by Chinese memory chipmaker ChangXin Memory Technologies (CXMT), raising questions about the competitive outlook for South Korea's semiconductor industry. As of 9:15 a.m., Samsung Elect

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IMF forecasts 3.1% global growth in 2026, with eurozone at 1.1%

The IMF raised its 2026 global growth forecast to 3.1%, citing resilient economies and AI investment. However, high energy prices linked to conflicts will weigh on growth, with eurozone expansion…

  • IMF forecasts 3.1% global growth in 2026, upgraded from 2.9%
  • Eurozone growth expected at 1.1% in 2026, slowing to 1.2% by 2027
  • Eurozone inflation projected at 3.1% in 2026, 2.8% in 2027

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