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8/18
04:14
India, the world’s second-largest sugar producer, weighs import duty cut to curb record local prices
04:11
Samsung Electro-Mechanics' glass substrate mass production timeline has been postponed for the third time, as prototypes failed client certification. Production is now expected to begin in 202 earliest.
GlaSSEM, a joint venture between Samsung Electro-Mechanics and Doosan D&T, has had its mass production schedule for glass substrates delayed at least three times. According to The Elec, since equipment suppliers were first notified to prepare inventory in November 2025, the mass production timeline has been pushed from December last year to March this year, then to June, and is currently still undetermined. The direct reason for the delay is that the prototype submitted to a global communication chip client failed reliability tests, requiring re-development and certification. This could push back the construction of the production line to the second half of 2027, further delaying mass production to 2028 or even later. Meanwhile, Japanese manufacturers such as Shinko Electric Industries and DNP are accelerating their glass substrate technology and production line layouts, with DNP also targeting mass production in 2028. This narrows Samsung Electro-Mechanics' competitive window in the AI advanced packaging market.
04:07
Kraken brings US stock trading to European Economic Area customers
04:06
Bybit to add 6 new assets (ENSO, OPN, ROBO, BICO, ZKP, AVA) for Spot Margin Trading, Crypto Loans, Savings, and Institutional Loans starting August 21
Bybit will make ENSO, OPN, ROBO, BICO, ZKP, and AVA available across these services from August 21, 2026, 8:00 AM UTC. These assets will also serve as collateral for Crypto Loans, UTA Borrowing, and Institutional Loans, and as borrowing assets for Crypto Loans and UTA Borrowing.
04:06
UBS warns: German natural gas inventories fall to 17-year low of 48% for this time of year, gas prices may surge this winter, inflation faces upside risk
Simon Penn, a macro strategist at UBS in London, noted in a report released on Monday that Germany's natural gas storage facilities are currently only 48% full, significantly lower than 65% a year ago and 75% during the 2022 energy crisis, reaching their lowest level for this time of year in 17 years. UBS economist Felix Huefner expects Germany's gas storage rate to reach only 65% by November, well below the government's target of 80% and the EU's requirement of 90%. UBS believes that low inventory levels, limited regasification facility capacity, and low Rhine river levels will impose multiple constraints on Germany's restocking efforts. If a severe winter occurs this year, Europe's largest economy could face both soaring natural gas prices and supply shortages, potentially further pushing up eurozone inflation and dragging down German economic growth.
04:02
State Grid raises 14.9 billion yuan ($2.2 billion) in record Hong Kong dim sum bond issuance
China's State Grid Corporation on Monday completed the largest single issuance by a Chinese state-owned enterprise in Hong Kong's offshore yuan bond market, known as dim sum bonds. The deal underscores the growing appeal of the city's dim sum bond market.
03:59
France's CAC 40 index fell 1.02% during the day, now at 8,549.04.
03:55
Gold prices fell 0.4% to $4,455.30 an ounce, as oil prices and U.S. Treasury yields rose.
Gold prices fell 0.4% to $4,455.30 an ounce, mainly pressured by rising oil prices and higher U.S. government bond yields, which increased the opportunity cost of holding non-yielding gold.
03:47
Cathie Wood's Ark Invest bought $15 million worth of Block Inc. stock on Monday after the stock fell 3%; and bought $1 million worth of Securitize stock.
Ark Invest increased its holdings in Block Inc. stock on Monday after the stock fell 3%. In addition, Ark Invest also purchased $1 million worth of Securitize stock, which fell over 20% last week due to disappointing second-quarter results. Ark Invest also bought approximately $21 million worth of Block stock last week.
03:46
Germany Is Set to Sell 30-Year Bonds at Highest Yield Since 2011
Germany's borrowing costs are poised to hit a 15-year high in a major sale of long-dated bonds, as investors demand greater compensation for lending to increasingly-indebted governments still grappling with inflation.
03:45
China holds former Premier Zhu Rongji's funeral, censors public mourning amid concerns over criticism of current leadership
Former Premier Zhu Rongji, who died last week at 97, was cremated at a low-key funeral in Beijing on Tuesday, attended by President Xi Jinping. Authorities are reportedly wary that public mourning for Zhu's era of economic reform could lead to veiled criticisms of the current government. Online posts and essays related to Zhu have been censored, reflecting historical precedents where public grief for senior officials morphed into protests.
03:31
ETC (Ethereum Classic) price pulls back to $6.030, touching a near 365-day low.
03:11
Upbit will temporarily suspend deposit and withdrawal services for MediBloc (MED) starting from August 20 at 12:00 PM.
03:10
The Hang Seng Index rose 1.52% intraday, now at 25,498.88.
03:08
Rising US Treasury Yields Threaten to Undermine Asia's AI-Driven Stock Rally
The rapid climb in US Treasury yields is emerging as a significant risk to the AI-driven stock rally across Asia, highlighting technology firms' vulnerability to elevated borrowing costs.
03:01
US Stock-Index Futures Drop as Rising Bond Yields and Oil Prices Unnerve Investors
02:35
Finnish health tech firm Oura to launch Oura Ring 5 in South Korea on Aug. 25, directly challenging Samsung's Galaxy Ring with higher price and mandatory subscription
Oura, a Finnish health technology company, announced at a press conference in Seoul on Tuesday that it will expand its retail presence, customer support, and marketing in South Korea. The move sets up a direct competition with Samsung's Galaxy Ring in a market where smart rings have not yet achieved the mainstream appeal of smartwatches.
02:24
Moody's raises South Korea's 2026 growth forecast to 3.5% from 2.5%, betting on AI-driven memory chip boom extending into mid-2027
02:23
Bybit launches KiiChain ($KII) Hotspot event with 1,000 USDT in rewards
Bybit announced the KiiChain ($KII) Hotspot event, offering 1,000 USDT in rewards for participants. Users can complete tasks on Gleam to be eligible for prizes. The event runs from August 18, 2026, 10 AM UTC to August 31, 2026, 10 AM UTC.
01:59
Analysts warn Bitcoin drop to $57,000 could trigger massive leveraged long liquidations
Joao Wedson, CEO of crypto analytics platform Alphractal, stated that $57,000 is a key area to watch, and if Bitcoin falls to that level, a massive wave of leveraged long liquidations could occur. Current thin trading volumes could exacerbate sharp declines caused by liquidations.
01:54
The US 30-year government bond yield climbed to 5.32%, a new high since June 2007; global stocks and bonds fell across the board, as Donald Trump stated no intention to extend the US-Iran agreement and oil prices rose.
Global bond and stock markets weakened simultaneously, affected by the continuous sell-off of US government bonds, rising oil prices, and escalating geopolitical tensions. The US 30-year government bond yield rose to 5.32%, its highest level since June 2007. Japan's 30-year government bond yield increased by 6 basis points to 4.135%. Former President Donald Trump stated his intention not to extend the expiring US-Iran agreement, leading to renewed tensions in the Middle East. Brent crude rose 0.6% to $91.45 per barrel, exacerbating market concerns about persistently high inflation. Asian stock markets fell across the board, with both the Nikkei 225 and Korea Composite Stock Price Index dropping 2%. Nasdaq 100 index futures fell 0.7%. Gold dropped 0.6% to approximately $4390 per ounce, while silver fell over 1%.
01:52
Upbit will temporarily suspend deposit and withdrawal services for Polygon network-related digital assets starting from August 18, 20:00.
01:46
South Korea's Industry Ministry Denies Semiconductors Are First Project for US Investment Commitments
The ministry on Tuesday denied a local newspaper report that Seoul had initially considered semiconductors as the first strategic investment project in the US under its investment commitments.
01:45
LG and Nvidia target 100,000 hours of humanoid training data, deepening robotics partnership
LG Electronics is accelerating efforts to build training data for humanoid robots with Nvidia. Nvidia's senior director of product marketing for omniverse and robotics, Madison Huang, visited LG Electronics' Yangjae R&D campus on Tuesday to inspect the company's robotics data factory. This visit followed a meeting four days prior between LG Group Chairman Koo Kwang-mo and Nvidia CEO Jensen Huang, where they signed an agreement to strengthen their collaboration.
01:34
S-Oil invests 9 trillion won ($6.4 billion) in Shaheen Project to revive Korea's petrochemicals industry with world's first thermal crude to chemicals tech
01:33
Vietnam plans to upgrade Bac Ninh province, home to Samsung's manufacturing hub, and Quang Ninh province, home to Ha Long Bay, into centrally-governed cities.
The move aims to turn the two major foreign direct investment (FDI) destinations into new growth poles to promote investment and industrial development. Bac Ninh province is Vietnam's largest exporter and home to a Samsung Electronics factory; Quang Ninh province is home to the famous tourist attraction Ha Long Bay.
01:31
South Korea's Upbit and Bithumb Report Nearly 50% Decline in H1 Revenue Amid Market Contraction
Upbit's parent company Dunamu saw its H1 operating revenue fall 49.1% year-over-year to $289 million, with operating profit down 79.7% to $79 million. Bithumb's H1 operating revenue dropped 48.7% to $120 million, and its operating profit plunged 83.4% to $11 million, swinging to a net loss of $77 million. The exchanges attributed the downturn to a contraction in global digital asset market liquidity and a shift of investor capital towards domestic equities, with the benchmark KOSPI more than doubling in H1 2026.
01:24
Ethereum Foundation warns some tools may break with Glamsterdam upgrade, urging developers to test on Plataberget
01:23
India's National Stock Exchange (NSE) is reportedly seeking a valuation of up to $55 billion, potentially setting a new IPO record in India.
India's National Stock Exchange (NSE), the world's largest derivatives exchange operator by trading volume, is planning to seek a valuation of up to 5.26 trillion rupees (approximately $55 billion) in an initial public offering (IPO), according to people familiar with the matter. The exchange has met with potential investors and is pitching its shares at 2,000 to 2,100 rupees apiece.
01:20
Ethereum competitor Monad offered early investors up to $60 million in early cash-out opportunities, but almost all declined
The Monad Foundation announced on Tuesday that it has completed a program to repurchase a portion of MON tokens locked by early investors at a discounted price, for which it had earmarked up to $60 million. The program aimed to provide liquidity to early investors in need, but almost all contacted investors declined this early cash-out opportunity. This repurchase occurred three months before the investors' tokens were unlocked. Currently, MON tokens are trading at approximately $0.021, about 16% lower than the public sale price of $0.025 last year.

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