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7/30
02:28
Dr Reddy's CEO Erez Israeli expects the company to achieve a healthy performance in the second half of fiscal year 2026-27, contingent on resolving current issues with its semaglutide pipeline. Israeli also anticipates that the generics market for semaglutide will be ultra-competitive, with over 20 companies vying for market share.
02:21
Tesla has manufactured 10 million vehicles, a milestone confirmed by CEO Elon Musk, who congratulated the team on this achievement.
02:08
Shell Plc announced a substantial increase in its second-quarter profit, primarily attributed to a booming oil refining sector and robust performance from its energy trading operations. This surge occurred amidst the ongoing Iran war, which has impacted energy markets.
02:08
The World Gold Council stated that central bank gold purchases at the beginning of this year were far below previous expectations. Although demand has rebounded since then, total central bank gold purchases this year are expected to decline.
02:05
Some global bond investors are reportedly looking to shift their investments towards markets like Australia and Europe. This move is driven by growing doubts about the U.S. Federal Reserve's ability to keep inflation under control, which is also adding pressure on U.S. Treasuries.
01:52
On July 30, the Financial Services Commission (FSC) of South Korea announced proposed amendments to the enforcement rules of the Financial Investment Services and Capital Markets Act (FSCMA) and to regulations concerning securities offerings and disclosure. The proposal aims to provide specific details on the introduction of preliminary bookbuilding and the cornerstone investor system for the revised FSCMA, which is scheduled to take effect on November 13, 2026. Preliminary bookbuilding allows underwriters to gauge market demand before setting the IPO price range, while the cornerstone investor system permits the pre-allocation of a portion of IPO shares to institutional investors who agree to lock up their holdings for at least six months, thereby boosting market confidence and stabilizing the share price.
01:47
Chinese stocks are set to record their worst monthly performance in a decade, driven by investors withdrawing from suppliers to the artificial intelligence (AI) boom.
01:46
A policy report in South Korea recommends establishing interim licensing guidance and greater flexibility for stablecoin issuers. These proposed rules are suggested to be implemented ahead of the country's broader Digital Asset Basic Act.
01:30
The U.S. Department of the Treasury has imposed sanctions on the Iranian shipping company HormuzSafe. The Treasury Department stated that the company accepts Bitcoin and other digital assets with the aim of circumventing sanctions and generating revenue for the Islamic Revolutionary Guard Corps of Iran.
01:25
Major cryptocurrencies like Ether and XRP remained largely unchanged on Thursday, as the two-week semiconductor selloff began to show signs of easing. Ether traded around $1,905 and Bitcoin at $64,100, both flat on the day, with XRP at $1.07.

The stabilization in chip stocks followed South Korean electronics giant Samsung's report that its chip profit surged more than 250-fold, driven by strong demand for AI memory. Despite Thursday's calm, the broader crypto market saw weekly declines, with HYPE down 8%, XRP 6%, Solana 5%, Dogecoin 4%, and Bitcoin 3%.
01:23
CNBC cited analysis indicating that key maritime trade routes such as the Strait of Hormuz, the Red Sea, and the Black Sea are becoming the front lines where drones and missiles target economic lifelines, marking a new era in maritime warfare. The attacks have prompted shipowners to reroute their vessels and reassess global trade risks, driving up insurance and freight costs. Experts warn that the Panama Canal could be the next potential flashpoint.
01:21
Russian authorities have reportedly detained Igor Runets, the founder of crypto mining firm BitRiver, on fraud charges. Runets and his company are accused of involvement in a deal with local conglomerate En+ that allegedly resulted in $12.5 million in damages.
01:12
A Bloomberg analysis notes that, due to recent fluctuations in energy prices, the market widely expects the Bank of England (BOE) to keep interest rates unchanged at its upcoming meeting.
01:09
Chinese technology stocks, particularly high-flying semiconductor companies, experienced a significant plunge on Thursday. This decline is attributed to investor concerns over stretched valuations and crowded positioning, leading to a rotation away from the sector, which had been one of the year's best performers.
00:27
The Claude Mythos Preview model from AI company Anthropic discovered an attack in approximately 60 hours that halved the effective key strength of the HAWK digital signature algorithm, at a cost of about $100,000. HAWK is a quantum-resistant algorithm designed to replace existing digital signature schemes, but it has not yet been deployed, and Bitcoins do not currently use it.This attack reduces the key recovery cost for HAWK’s minimal parameter set from approximately 2^64 operations to 2^38 operations, highlighting AI’s ability to accelerate cryptographic attacks, although it does not currently affect existing transactions on Bitcoin or Ethereum.
00:21
Cryptocurrency company Luno announced it is laying off 20% of its workforce. This move is part of a wave of layoffs in the cryptocurrency industry in July, when at least 12 companies reported layoffs, with firms such as Gnosis also joining the trend.
00:20
ByteDance, the Chinese company behind TikTok, is significantly increasing its investment in artificial intelligence. The company is reportedly dedicating substantial resources to AI, a strategic move some observers consider a major gamble in its ambition to dominate the sector.
7/29
23:53
Ken Wong, an Asian equity portfolio specialist at Eastspring Investments, noted that in a volatile market where AI-related stocks are occasionally subject to sell-offs, investors can look for investment opportunities among electronic components companies.

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