Breakfast Briefing | 30 June 2026 | South Korea's $520 Billion Chip Bet

from Interest.com.au Breakfast Briefing · host Interest.com.au

Your two-minute wrap of the overnight economic news that matters to Australia.In today's briefing:South Korea commits USD 520 billion with Samsung and SK Hynix to expand AI chipmakingThe US claims a new Middle East truce, though Iran has not confirmed itFederal Reserve Bank of Dallas survey points to inflation becoming embeddedChina's beef demand set to underpin prices for Australian producersJapan retail sales jump +5.3% year on yearMarkets:AUD/USD: 68.9 UScAustralian 10yr bond: 4.74%US 10yr Treasury: 4.37%Gold: USD 4,022/ozOil (WTI): USD 71/bbl | Brent: USD 73/bblBitcoin: USD 60,319Read the full Briefing with all source links at interest.com.au.https://www.interest.com.au/economy/741/japanese-retail-rises-south-korea-all-ai-chipmaking-singapore-malaysia-struggle#BreakfastBriefing #RBA #InterestRates #AustralianEconomy #interestcomau #ASX #Markets #Bitcoin #Gold #AIChips

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Breakfast Briefing | 30 June 2026 | South Korea's $520 Billion Chip Bet

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