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03:36
Their combined unrealized losses on domestic bonds increased 7% in the three months through June, highlighting the risks to the industry from soaring interest rates.
03:18
Solidigm is reportedly seeking investment interest from global alternative asset management firms and sovereign wealth funds, and has begun recruiting executives responsible for SEC filings and external financial disclosures, according to South Korea's Chosun Ilbo. SK Hynix subsequently clarified that Solidigm is evaluating various options to strengthen its competitiveness, but no specific plans have been finalized yet, and pledged to disclose the latest developments by September 4 at the latest. Solidigm experienced full capital impairment in the first half of 2024, and its wafer fab in Dalian, China, is subject to U.S. export controls, preventing the introduction of advanced equipment and hindering technological upgrades.
02:42
Shawn Kim, a Morgan Stanley analyst once dubbed the "bearish spokesperson" in the Korean market, has released his latest report, indicating that the most severe market correction in the current storage cycle is nearing its end, and current valuations offer an "attractive tactical entry" opportunity. The report raises SK Hynix's 2026 earnings per share (EPS) estimate by 13%, primarily reflecting the positive impact of second-quarter asset disposal gains; simultaneously, it lowers Samsung Electronics' 2026 EPS estimate by 10% due to continued weakness in its consumer electronics business. Morgan Stanley maintains its price targets for both companies, projecting that their target prices imply over 60% upside potential from current stock prices. Kim believes that AI-driven demand represents a structural change rather than mere cyclical fluctuations, and he anticipates earnings growth of 25% to 50% for both companies in 2027.
02:36
Singapore's largest banks, United Overseas Bank (UOB) and Oversea-Chinese Banking Corp (OCBC), reported significant profit increases for the April-June quarter. UOB's second-quarter figure rose 10%, while OCBC saw a 22% increase. The CEO of UOB attributed the performance to healthy trade and investment flows, stronger connectivity with Greater China, and ongoing supply chain shifts into the ASEAN region, as businesses look to the area for growth. The reports come amid ongoing uncertainty regarding interest rates and economic activity.
01:49
Since July 29, wallets holding between 10 and 10,000 Bitcoin have accumulated over 20,000 Bitcoin, valued at $1.2 billion. Meanwhile, US-listed Bitcoin spot ETFs have attracted $754 million this week, on track for their best weekly performance since April. Despite significant inflows, Bitcoin's price has not seen a substantial increase, which analysts suggest indicates that current buyers are more strategic. A breakthrough above $65,000 is needed to establish a true recovery narrative.
01:34
The Japanese financial regulator also called for address registration, customer-specific limits, and stronger authentication as part of a broader push to curb the misuse of exchange accounts.

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