Tuesday, June 16, 2026

How the Hormuz Strait Crisis Could Drive Oil Prices Above 100 USD: Insights for Asian Investors

The Strait of Hormuz crisis escalates, risking U.S.-Iran conflict and causing oil prices to surge, impacting global economy and inflation.

Samsung Heavy Industries unveils in-house floating data center in U.S., targets global market

Samsung Heavy Industries launched its floating data center (FDC) in the U.S., addressing power and cooling challenges for data centers.

Semiconductor Shares Hit New Highs as AI Boom Outweighs Rising Oil and Geopolitical Risks

U.S. semiconductor stocks rally despite geopolitical tensions, driven by AI investment demand and strong earnings growth.

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