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8/10
04:38
According to a report released Monday by South Korean cybersecurity firm Genians, Kimsuky is leveraging local AI systems such as Ollama, GPT4All, and Msty for offline operations, and collecting libraries and frameworks to embed language models into custom software. The group is also using generative AI to create phishing documents themed around digital assets, investment strategies, and fintech services, some of which mimic materials from South Korean AI investment platforms, demonstrating its ongoing readiness to integrate AI technology into its actual attack capabilities.
04:29
Beijing-based Ingenic Semiconductor Co., Ltd. passed its HKEX main board listing hearing on August 9. The company's move to list in Hong Kong comes at a time of significant performance recovery. According to previously disclosed performance forecasts, the company is expected to achieve total operating revenue of approximately RMB 3.989 billion in the first half of 2026, a year-on-year increase of approximately 77%; net profit attributable to the parent company is expected to be between RMB 1.079 billion and RMB 1.282 billion, a year-on-year increase of 431.03% to 531.34%. The company has currently formed three main product lines: "storage + computing + analog," with the storage business remaining the primary source of revenue.
04:28
President Subianto put forward only one name for the position, limiting the House's role in choosing the successor to Perry Warjiyo, who resigned two weeks ago. Damayanti has been serving as acting Bank Indonesia governor since Warjiyo stepped down.
04:17
According to a TrendForce report, the component cost of the iPhone 18 Pro is expected to surge by 38%, with soaring memory prices being the main driver. Memory costs are projected to account for over 40% of the total component cost by early 2027, compared to just 10% a year ago. To protect demand, Apple may accept lower profit margins or increase the prices of older iPhone models to offset the additional costs.
04:14
U.S. government bond yields edged lower earlier this week, with both 10-year and 30-year yields falling by 1 basis point. This followed last week's weaker-than-expected non-farm payrolls report, which dampened market expectations for a Federal Reserve rate hike. Traders now estimate the probability of a Fed rate hike at its September meeting to be approximately 44%, down from 67% a week ago. Investors are closely monitoring key economic data to be released this week, including July core inflation data due on Wednesday at 8:30 AM ET, Thursday's Producer Price Index, and Friday's July retail sales data.
03:57
Venture capital firm Concentric, an early investor in BVNK, revealed details about the acquisition process. The deal, which was completed earlier this week, saw Mastercard outbid other interested parties including Coinbase, which reportedly offered as much as $2.5 billion but was rejected due to cultural fit. Visa was also an investor in BVNK but ultimately decided not to pursue an acquisition, opting for a different stablecoin strategy. The acquisition highlights the increasing interest of traditional financial institutions in the stablecoin sector, following Stripe's acquisition of Bridge in late 2024.
03:55
The large-scale drills are aimed at bolstering defenses against regional threats and working toward the eventual transfer of wartime operational command (OPCON) authority to Seoul. The exercises come as North Korea gains experience aiding Russia.
03:54
该交易于4月宣布,是欧洲公共比特币股权领域最大的并购交易,也是全球首个公共市场上的比特币换比特币并购交易。此次收购完全以H100股票支付,无现金对价。
03:46
In a strategy report released on August 9, Western Securities pointed out that AI is currently nearing the end of the command-line interface (CLI) era and is transitioning towards the graphical user interface (GUI) era. This will bring strategic allocation opportunities for the domestic hashrate chain and Hong Kong stocks internet companies. The report believes that for AI to achieve a leap similar to the accelerated penetration of computers, two major conditions must be met: a reduction in semiconductor equipment costs and the systematic integration of workflows by leading internet companies. Although AI hardware costs are still rising and workflow integration is currently "fragmented," China is expected to leverage its engineer dividend to forge a unique development path, similar to Japan in the 1980s. This will manifest as a narrowing gap between Chinese and US models, a counter-trend increase in the prices of domestic models, and accelerated breakthroughs in domestic semiconductors. Based on this, the report provides a strategic bullish allocation recommendation for Hong Kong stocks internet companies.
03:30
Meiji Yasuda Life Insurance Co. is closely watching an industrywide increase in policy cancellations as rising interest rates prompt customers to shift into other financial products, said its Deputy President Atsushi Nakamura.
03:09
The U.S. Department of War's Office of Strategic Capital (OSC) announced the long-term debt financing to support the development of the world's first primary scandium mine at Sunrise's Syerston Project in New South Wales. The Trump administration's backing is part of a push to challenge China's dominance in critical minerals, with scandium being vital for defense, aerospace, and AI data centers. Shares of Sunrise Energy Metals were last seen trading 16% higher on Monday after paring gains.
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.

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