Bloomberg Samsung, South Korea’s biggest conglomerate, plans to invest $161 billion to ramp up its ability to produce memory chips and other products vital to future growth, lending its support to President Moon Jae-in’s efforts to shore up a slowing economy. The spending will boost research and expenditure in artificial intelligence, fifth-generation wireless networks, bio-pharmaceuticals, displays, semiconductors and other key ...

Bloomberg Typhoon Shanshan continued its slow-moving approach towards the Tokyo region, with the tropical storm’s arrival likely to disrupt commuters from August 8 night through Thursday morning. Authorities are warning that as the typhoon’s approach is unusually slow, its effects may be last longer than usual. The typhoon is set to bear down overnight on the Kanto region, where Tokyo ...

Bloomberg China is increasing its monitoring of indebted state-owned enterprises by creating watch lists and setting alarm levels, underscoring that the government hasn’t abandoned the goal of controlling borrowing. The government will set two debt thresholds for state-owned firms — one level would trigger alarms and the other would require higher regulatory attention. Firms with debt above those levels will ...