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03:07
Chinese rare earth producers have reported or anticipate significant first-half profits. This comes as Beijing uses these strategically critical minerals as leverage in trade relations with Japan and the United States. The geopolitical factor, including former US President Donald Trump's announcement last Friday of over US$2 billion in domestic mining investment to diversify the US rare earth supply chain away from China's near-monopoly, has contributed to this profitability.
03:04
Robinhood stated that its all-in-one app will allow UK customers to trade over 50 cryptocurrencies, including Bitcoin, Ethereum, XRP, and Hyperliquid, through its Bitstamp platform, which it acquired in 2025. Additionally, the company launched "Robinhood Cortex Digests for Crypto," a generative AI-powered widget designed to analyze breaking news, market data, and technical indicators, explaining key factors behind crypto asset price movements in an easy-to-understand manner. This product will begin rolling out to eligible UK customers this week.
02:27
Simple Mining produced block 961,634 on Sunday without signaling support for BIP-110 (Bitcoin Improvement Proposal-110), a proposal aimed at preventing the storage of non-financial data in Bitcoin transactions for a year. This decision was made possible by Ocean's DATUM protocol, which allows individual miners to override the pool's default signaling, even though Ocean had previously switched miners to signal for BIP-110 by default. Support for BIP-110 peaked at 2.6%, far below the 55% required, leading to a split where the BIP-110 branch is now more than 200 blocks behind the main Bitcoin chain.
02:26
Morgan Stanley Chief Economist Seth Carpenter points out that the the Federal Reserve's balance sheet reduction has long been equated with monetary policy tightening by the market. However, the bank's analysis suggests that the Federal Reserve could reduce its balance sheet by approximately $1.5 trillion in the coming years, and the actual market impact might be far less than anticipated. The report emphasizes that the Federal Reserve possesses multiple operational tools, such as reducing the Treasury General Account balance, adjusting foreign official institutions' reverse repo holdings, and implementing a tiered system for interest on reserves. These tools would allow the Federal Reserve to complete the balance sheet reduction while maintaining an "ample reserves" framework, without significantly pushing up market interest rates or tightening financial conditions. The bank also cautions that if the Federal Reserve actively sells a large volume of mortgage-backed securities (MBS), the market impact would be significant.
02:26
Egypt's inflation rate accelerated for the first time since March, disrupting an easing streak that had lasted for much of the ongoing US-Iran war.
02:06
Philippine Central Bank Governor Eli Remolona stated the central bank is ready to tighten monetary policy further to guide inflation back to target, though less pressure exists after last quarter’s surprise economic slowdown.
01:49
Samsung Electronics' sixth-generation high-bandwidth memory (HBM4) mass production yield has approached 80%, achieving its annual target approximately four months ahead of schedule, with the original year-end target set at 80%. This breakthrough will enable Samsung to accelerate its supply pace. The company has decided to more than triple its HBM4 sales in the third quarter compared to the previous quarter and plans to increase HBM4's share of overall HBM sales in the second half of the year to over 60%. Concurrently, Samsung has set a longer-term goal to raise its HBM market share to a level similar to its DRAM market share (approximately 38%) by year-end, aiming to provide more ample memory chip supply for the production of NVIDIA's AI accelerator "Vera Rubin."
01:42
GS Engineering & Construction (GS E&C) announced it is teaming up with LS Electric to strengthen the power infrastructure for its artificial intelligence data center projects. Under a memorandum of understanding, the two companies will establish a supply framework to ensure the timely delivery of key electrical equipment from LS Electric for AI data center projects under development or planned by GS E&C, and will also explore next-generation power solutions.
01:34
该团队截至周六已在比特币生态系统中发现1,288个关键和高级漏洞。
01:09
Donald Trump last week slammed US oil giants ExxonMobil and Chevron, saying they were "making too much money" from high oil prices during the Iran conflict and reiterated calls for lower oil prices. These oil giants achieved record-high profits of $48 billion and nearly $90 billion in cash flow in the second quarter. Analysis indicates that these companies primarily used the funds to hoard cash and repay debt to improve their balance sheets, rather than significantly increasing investment or returning money to shareholders. The Portuguese government last week approved a windfall tax on oil and refining companies, but the American Petroleum Institute warned that a windfall tax would not lower consumer prices and would instead hinder long-term investment.
01:08
Bae Choong-sik was inaugurated Monday as the 18th president of the Korea Advanced Institute of Science and Technology (KAIST). His vision includes AI-powered classrooms, autonomous laboratories, and research in robotics and other forms of physical AI.
00:55
Copper prices are currently trading in a narrow range after six consecutive weeks of gains. Tighter supply and easing concerns about U.S. interest rate hikes are jointly supporting metal prices.

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