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8/5
02:23
Despite some goods returning to the Gaza market after Israel lifted the blockade, local residents still face severe economic hardship and struggle to afford food. Due to ongoing shortages and transportation costs, prices remain high, while most residents have exhausted their savings and lost their jobs. The World Food Programme noted that although the volume of commercial and humanitarian goods entering has increased in the past two months, the number of families unable to afford goods from the market due to lack of purchasing power is also rising. Palestinian economic experts point out that the biggest challenge facing Gaza's economy is a shortage of cash liquidity, as thousands of families have lost their jobs and savings due to the war, leading to a significant decline in purchasing power. Economic recovery requires creating more income and employment opportunities.
02:22
The upgrade is expected to take place on Aug 5, 2026, 4:00 PM UTC. Trading activities for BERA will not be affected.
02:17
The upgrade is expected to take place around Aug 5, 2:30 PM UTC. Trading activities will not be affected.
01:54
India's central bank today kept its benchmark interest rate unchanged for the fourth consecutive time to observe whether rising energy costs due to the Iran war would spread to broader inflation. Previously, Anubhuti Sahay, head of South Asia economic research at Standard Chartered Bank, stated that India's inflation has been moderate so far, but its buffer is thinner than it appears.
01:47
On July 22, a shareholder group in South Korea called "Headquarters of Korea Shareholder Movement" filed a complaint with the National Police Agency, accusing Samsung Electronics' co-CEO Jeon Young-hyun, Vice Chairman Roh Tae-moon, and SK Hynix CEO Kwak Noh-jung of breach of trust under the "Aggravated Punishment of Specific Economic Crimes Act." The complaint alleges that they reached agreements in performance bonus negotiations with labor unions without prudent evaluation. On August 5, the Gyeonggi Nambu Provincial Police Agency assigned the two cases to investigation departments for official registration. The group argues that linking a fixed percentage of operating profit to performance bonuses requires approval from a general shareholders' meeting, not just an agreement between management and labor unions, and that this action infringes upon shareholders' interests. Additionally, the group also filed a complaint with the Corruption Investigation Office for High-ranking Officials against Minister of Employment and Labor Lee Jung-sik, accusing him of abuse of power for allegedly interfering with Samsung Electronics' provisional agreement on performance bonuses with its labor union in May this year.
01:24
Mainland investors net bought HK$62.9 billion (approximately US$8.02 billion) in Hong Kong stocks through Stock Connect in July, according to data from Hong Kong Exchanges and Clearing, continuing the net buying trend of HK$27.1 billion in June. This move aims to seek refuge from market volatility in artificial intelligence-related stocks and shift to the undervalued Hong Kong market.
00:56
New York copper futures prices are near historical highs, as investors await a US tariff decision while monitoring progress in reopening the Strait of Hormuz, which has boosted demand for risk assets.

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