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7/31
11:12
According to Bankrate's survey of institutions as of July 31, 2026, the national average annual percentage yield (APY) for savings accounts is 0.62%. The survey also indicates that the best high-yield savings accounts are currently offering around 4% APY.
11:11
South Korea will import more than 6 million barrels of crude oil from the United Arab Emirates as part of an emergency effort to stabilize domestic fuel prices.
11:11
Asset management firm TCW stated that while the artificial intelligence boom has led investors to focus on chipmakers, cloud providers, and megacap technology stocks, more durable opportunities also exist within the power sector.
11:10
South Korea’s top shipbuilders are securing a string of orders for liquefied natural gas (LNG) and ammonia carriers, capitalizing on the resilient global demand for energy infrastructure.
11:10
Hyundai Motor Co. announced that its first-quarter operating profit fell sharply by 30%, despite achieving record revenue. The company attributed the decline to disruptions tied to the US-Iran conflict in the Middle East and the impact of US tariffs.
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.

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