Samsung, SK hynix, and Micron are facing a lawsuit in the US for allegedly colluding to inflate RAM prices. This legal action follows Apple's recent price increases for its Mac and iPad products, which CEO Tim Cook attributed to rising costs of memory and storage chips, a situation many consumers associate with the ongoing AI boom.

Asian shares rose on Thursday, driven by gains in the technology sector, particularly in Japan and South Korea, following positive earnings reports from U.S. companies like Qualcomm and Micron Technology. Meanwhile, oil prices decreased by over $1, nearing levels seen before the onset of the war with Iran. Qualcomm's stock experienced a 12% increase in after-hours trading after announcing a raise in its earnings forecast.

Asian stocks showed mixed results on June 24, 2026, following a significant sell-off in major technology stocks across Asia and Wall Street. U.S. stock futures also reflected mixed trading as global investors kept an eye on market developments in Japan and South Korea, which have recently experienced substantial gains.

China's LineShine has surpassed the US-based El Capitan to become the most powerful supercomputer in the world, according to the TOP500 list.

South Korea is implementing significant reforms to achieve developed-market status, despite the won currently being close to a 17-year low. This move includes the introduction of 24-hour trading for the currency, a decision influenced by the country's experience with the financial crash in 1997, which has left a lasting impact on its economic policies.

South African firms are intensifying their investments in Kenya's corporate sector, with planned acquisitions totaling approximately Sh413 billion. This strategy aims to use Nairobi as a gateway into East and Central Africa. Notably, Absa Group has announced intentions to increase its stake in Absa Bank Kenya from 68.5 percent to a higher percentage.