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7/31
11:09
Candu Energy expects the refurbishment of aging nuclear reactors to drive growth in the industry over the next five to 10 years, as more countries seek to extend the operational life of their nuclear power plants.
11:09
South Korean asset management firms are actively launching exchange-traded funds (ETFs) linked to established and emerging space technology companies, aiming to capitalize on market interest and excitement surrounding SpaceX’s potential initial public offering (IPO).
11:09
The Bank of Korea (BOK) maintained its current interest rate policy on Friday, a decision made amidst ongoing uncertainty surrounding the conflict in Iran. Outgoing Governor Rhee Chang-yong, chairing his final rate-setting meeting, expressed cautious optimism regarding the currency market, anticipating a swift recovery for the Korean won.
11:08
Iran has included the Barakah nuclear power plant in Abu Dhabi, which is South Korea’s first overseas nuclear project, in a list of potential targets.
11:08
Citi stated that investors have shifted towards buying KOSPI pullbacks, driven by record foreign inflows, improving pension fund demand, and tighter retail trading rules. The bank reiterated its 10,000 KOSPI target, noting that solid memory-chip fundamentals, attractive valuations, and potential government support are expected to continue underpinning the market.
11:08
U.S. University of Michigan consumer sentiment for July rose to 55.2, surpassing the consensus estimate of 54.0 and up from 49.5 in June. One-year inflation expectations declined to 4.2% from 4.6% in June, while the five-year outlook held steady at 3.3%, indicating stable long-term inflation expectations.
11:07
US Federal Reserve Governor Lorie Logan stated her preference for an immediate 25 basis point rate hike, arguing that inflation is not on track to sustainably return to the Fed's 2% target. Logan emphasized that taking modest action now would reduce the risk of more aggressive tightening later, and stressed that the Fed cannot rely on unexpected shocks to achieve its inflation goal.
11:07
During its second-quarter earnings call, MicroStrategy stated that the company plans to restore the price of its digital credit product, $STRC, to the $99–$100 range through strategies such as U.S. dollar reserves, the liquidation of Bitcoin, buybacks, dividend management, and prudent issuance.The company also reiterated that it does not intend to issue $STRC at a price below par value, citing lessons learned from 2022 and 2026, as well as the $STRC decoupling event on June 26.
11:07
The US Treasury has informed a number of banks, via the New York Fed, that it may intervene in the Yen market on Friday. Banks were told to stand by for 'future actions', according to a source familiar with the matter.
11:06
Private equity firm Audax Private Equity is employing generative artificial intelligence to act as a 'devil's advocate,' challenging traditional investment theses and enhancing decision-making processes.
11:05
DeepSeek, a prominent Chinese artificial intelligence company, has made the official beta version of its latest V4 Flash model publicly available. The company's pricing plans for its AI models are significantly cheaper than those of its U.S. rivals, a move expected to intensify the global price war in cutting-edge AI models. DeepSeek also announced it would implement a peak-hour pricing plan.
11:04
Taiwan's economy expanded by 12.92% year-on-year in the second quarter, according to Taipei's statistics agency. The robust growth was primarily fueled by the global AI buildout and flourishing trade and investment relationships with the United States.
11:04
An analysis by Nikkei Asia suggests that NATO's Indo-Pacific era is over. This conclusion is drawn from the absence of any mention of China in the declarations from the recent NATO leaders' summit held in Ankara, Turkey, on July 8, which, according to the analysis, exposes the limits of the bloc's commitment to Asia.
11:04
The editorial team at Nikkei Asia points out that, compared to the internet bubble 25 years ago, the current AI boom presents significant differences for Asia. The main distinction is that Asian tech companies are at the center of this rally, and a large number of Asian investors—including many retail investors—have poured massive amounts of capital into these companies. The article cites SK Hynix as an example: the company’s second-quarter net profit surged more than 13-fold year-over-year, with revenue, operating profit, and net profit all hitting quarterly records. However, its stock price still declined following the earnings release because operating profit fell short of analysts’ average expectations, reflecting a shift in market sentiment and heightened skepticism.
11:04
U.S. automaker Tesla on Friday denied that it is exploring a sale of its Chinese business. CEO Elon Musk called the report 'absurdly fake news' amid speculation of a possible merger between Tesla and SpaceX.
11:03
Tether International, S.A. de C.V. has published its Q2 2026 attestation, prepared by BDO, reporting a net operating profit of approximately $1.5 billion for the quarter. The report confirms that Tether's reserves exceeded its liabilities by $4.11 billion as of June 30, 2026, demonstrating a robust reserve structure. The company also expanded its gold holdings to over 146 tons, adding 14 tons in Q2, and reduced its secured lending exposure by approximately $2.38 billion (15%). USD₮ issuance increased to approximately $184.6 billion, securing over 60% of the total stablecoin market share.
11:03
Pakistan's telecom industry entered a new phase in July with the merger of the country's third- and fourth-largest mobile operators, Telenor and Ufone. This consolidation reduces the number of mobile operators in Pakistan to three, prompting expectations that the remaining companies will now have the leeway to lift their extraordinarily low rates. However, industry insiders suggest that this consolidation will not necessarily lead to higher rates.
11:03
Rocket Lab Corporation (NASDAQ:RKLB) announced its largest-ever launch contract, a $266 million multi-launch agreement with the United States Space Force's Rocket Systems Launch Program. The deal covers 12 suborbital missile-defense launches, with an option for six more missions, to be conducted from the Pacific Spaceport Complex in Kodiak, Alaska. Despite the record contract, Rocket Lab's shares initially rose 5% but largely gave back gains by the closing bell, reflecting broader market concerns over corporate balance sheets and industry liquidity shifts rather than incremental defense wins. The company's stock has fallen over 55% from its May high, partly due to merger arbitrage pressure from its $8 billion acquisition of Iridium Communications.

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