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8/12
06:10
According to Korean tech media The Elec, GlaSSEM, a glass core substrate company jointly established by Samsung Electro-Mechanics and Dongwoo Fine-Chem, failed to pass the reliability certification for glass substrate samples from a global communication semiconductor customer. This has led to continuous delays in equipment procurement schedules and a halt in production line construction.
06:08
According to Lookonchain, as Bitcoin (BTC) rose, a trader with address 0xff84 saw their 1,793 BTC ($114.4 million) short position come very close to liquidation. The trader closed part of the position early, successfully avoiding liquidation. The current position stands at 1,543 BTC ($98.97 million), with a new liquidation price of $64,225.35.
06:05
Binance founder CZ retweeted Ben Todar's post, which showcased the slogan "All On Binance" in multiple languages, noting its high recognizability worldwide.
06:04
Binance CEO Changpeng Zhao (CZ) stated that the exchange's rapid market share growth in new sectors is primarily due to its focus on users. He contrasted this with other exchanges that 'extract maximum profit' from users through high fees or even trading against them, noting that such practices ultimately fail to retain users. CZ emphasized that 'protecting users equals protecting your future businesses, even the ones you haven't launched yet.'
06:01
The South Korean pop superstars' Arirang world tour, their first since completing mandatory military training, is anticipated to drive a surge in the city's hospitality sector, mirroring the booking increase seen in Seoul when the tour kicked off in April.
05:46
Norway's 2.3 trillion dollar sovereign wealth fund reported a record-breaking profit of 184.3 billion dollars in the first half of the year, primarily driven by the strong performance of Asian technology stocks. The fund's CEO, Nicolai Tangen, noted that the fund's top ten holdings now account for 20% of its total assets, with an increasing reliance on chip manufacturers such as NVIDIA, Apple, Google, Microsoft, and TSMC, and warned that he has "never seen such a high concentration."
05:40
Dom Rizzo, global technology equity fund manager at T. Rowe Price, believes hyperscalers can comfortably fund their AI investment spending and derive high returns with a short payback schedule. He sees more echoes of 1998 than the dot-com bust in the current AI bonanza.
05:35
The move follows an IRS safe harbor bulletin issued in November 2025, allowing qualifying crypto trusts to stake assets without losing their grantor-trust tax status. Fidelity's FETH, with $898 million in net assets, could stake up to 100% of its ether, joining Grayscale and 21Shares in offering staking for existing ether funds.
05:34
The data center backlash and recent regulatory changes are complicating the picture for power plant owners, challenging their previous advantage of rising demand outstripping new supply.
05:32
Tencent's second-quarter revenue rose 11% year-on-year, with domestic games revenue up 17% to 47.3 billion yuan and marketing services revenue up 22% to 43.6 billion yuan, aided by AI-driven ad recommendation models. However, its core profit of 68.4 billion yuan, up 9% year-on-year, missed analyst expectations. The company's capital expenditure also surged 65% quarter-on-quarter to 52.8 billion yuan as it ramps up computing infrastructure for AI.
05:16
The International Energy Agency (IEA) said on Wednesday that global oil demand is expected to fall by 1.6 million barrels per day (bpd) in 2026, an increase of 510,000 bpd from its July forecast, due to high fuel prices and the escalating impact of disruptions in the Strait of Hormuz. The IEA noted that while demand is expected to rebound later this year and return to growth in the fourth quarter, "new hostilities and maritime disruptions" are hindering the increase in global oil supply, which in July was still down 6.3 million bpd year-on-year. Since the outbreak of the Iran war in February, the International Monetary Fund has lowered its annual economic growth forecast from 3.3% to 3%.
05:04
The bank's initiative will involve lending, investing, capital markets, banking, and advisory work to support a new wave of infrastructure investment in data centers, energy, and critical minerals, potentially creating tens of thousands of jobs.

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