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OpenAI Transforms ChatGPT Into Superapp Ahead of Potential IPO

OpenAI plans to transform ChatGPT into an integrated superapp with coding tools and AI agents, targeting enterprise clients ahead of potential IPO.

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South Korea's Stock Rally Shows Dangerous Signs of Overheating

South Korea's Kospi surges 90% in 2026, but fund managers reduce exposure amid overheating concerns and rising leverage risks in semiconductor-driven rally.

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China's Central Bank Extends Gold Buying Streak to 19 Consecutive Months

China's central bank adds 320,000 troy ounces of gold for the 19th straight month despite declining prices, highlighting divergent market dynamics and trading opportunities.

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SpaceX Website Blocked in China and Hong Kong Ahead of $75 Billion IPO

SpaceX blocks China and Hong Kong access to IPO documents ahead of $75 billion offering, creating potential market fragmentation and trading opportunities.

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Apollo Abandons £1.52 Billion Bodycote Takeover Bid

Apollo Global Management withdraws its £1.52 billion takeover bid for Bodycote, sending shares down 12% and highlighting M&A market volatility amid regulatory and financing challenges.

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KPMG Australia Under ASIC Investigation for Audit Leak Scandal

KPMG Australia faces ASIC investigation over whistleblower allegations of misusing confidential client data for audit contracts, with major clients reconsidering relationships.

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TSMC CEO Signals AI Chip Price Increases Amid Record Demand

TSMC CEO signals AI-driven chip price increases and $165 billion U.S. investment as semiconductor demand surges across industries, creating market implications.

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US Imposes 12.5% Forced Labor Tariffs on India During Trade Talks

US imposes 12.5% forced labor tariffs on India during trade negotiations, creating currency volatility and supply chain pressures across bilateral trade flows.

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Applied Materials Expands Southeast Asia Workforce by 25 Percent

Applied Materials plans 25% workforce expansion in Southeast Asia, adding 1,000 workers primarily in Singapore as semiconductor supply chains diversify regionally.

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