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Stock Market 15 March 2025 - 22 March 2025

Internet Access in Kiribati: Bridging the Digital Divide Across Remote Pacific Islands

Internet Access in Kiribati: Bridging the Digital Divide Across Remote Pacific Islands

About 73,300 people in Kiribati used the internet as of January 2024, covering 54.4% of the population. The country relies entirely on satellite links for connectivity, with no submarine fiber cable in place. The East Micronesia Cable System is under construction and expected to connect Tarawa to Guam by 2025. Starlink has around 1,500 user terminals in South Tarawa, though not yet officially licensed.
22 March 2025
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Stock Market Today

  • South Korea's $518 Billion Chip Plan Narrows Investor Focus Beyond $1.3 Trillion Headline
    June 29, 2026, 5:15 AM EDT. South Korea's confirmed semiconductor production investment stands at 800 trillion won ($518.3 billion), targeting four new fabrication plants by Samsung Electronics and SK Hynix in the southwest. This figure is notably less than the previously cited $1.3 trillion industry-wide headline, reflecting a narrower focus on chip manufacturing rather than broader tech initiatives like data centers and AI projects. Samsung shares fell 4.86% and SK Hynix dropped 1.68% amid foreign investor net selling of 7.73 trillion won in Korean stocks. Despite robust semiconductor exports, including a 188.4% surge in chip shipments, market concerns over semiconductor pricing continue to pressure shares, tempering enthusiasm over long-term AI infrastructure investment.

Latest articles

Apple shares hold steady as buyback talk meets AI chip strain

Apple shares hold steady as buyback talk meets AI chip strain

29 June 2026
Apple surged 3.14% Friday with trading volume at 506% of its 65-day average as investors weigh a $100 billion buyback—potentially reducing shares by 2.4%—against soaring memory costs and Apple’s push for U.S. approval to buy DRAM from blacklisted CXMT, raising policy risks as device price hikes hit Macs and iPads.
Tanker exits from Hormuz exceed return flows, oil traders watch mini-glut build

Tanker exits from Hormuz exceed return flows, oil traders watch mini-glut build

29 June 2026
Brent rose 0.6% to $72.44 as U.S.-Iran strikes slowed Hormuz shipping, but tanker data signals a glut risk: for every four tankers leaving the Gulf, only one returns, threatening uneven supply and possible output cuts even as exports cap spot prices; futures curve flipped to contango, highlighting near-term oversupply concerns.
SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test

SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test

29 June 2026
SpaceX (SPCX) successfully launched SiriusXM’s (SIRI) SXM-11 satellite to replace aging XM-5, cutting launch risk but shifting investor focus to how quickly SXM-11 enters service; SIRI last traded at $28.35 and SPCX at $153.23, with SXM-10’s 74-day commissioning gap now the key benchmark for SIRI’s satellite fleet refresh and cash flow outlook.
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