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8/27
07:35
The Donald Trump administration is reportedly considering new tariffs on semiconductors and a broader range of tech products, including laptops, data center servers, and gaming hardware, according to a Politico report published Thursday, citing eight informed sources. These measures are still in their early stages, subject to significant changes in the coming months, and would be rolled out in phases. The White House stated that bringing semiconductor manufacturing back to the United States is a top priority for President Donald Trump. This follows the Donald Trump administration's imposition of a 25% tariff on certain AI chips in January of this year.
07:32
DBS Group Research expects China National Offshore Oil Corporation (Cnooc) earnings to remain resilient, citing its globally competitive cost base, strong project pipeline, and 6%-7% dividend yield. The bank notes that Cnooc's cash generation is a key positive, reinforcing its appeal as a high-quality oil proxy with visible shareholder returns. Cnooc shares were 0.6% higher at HK$25.06.
07:32
IG analysts note that the rise in Bitcoin, which remains close to multi-month highs but below the $80,000 key level, is fueled by the "dollar debasement trade." This trend is prompted by concerns over high levels of U.S. debt and potential prolonged inflation. Cryptocurrencies have also gained since the U.S. Treasury announced last week it would double its purchases of longer-term securities. Bitcoin is still below Tuesday’s three-month peak of $81,237, according to LSEG data.
07:23
Goldman Sachs stated in a report that China's efforts towards semiconductor self-sufficiency are expected to accelerate as AI demand drives investment in advanced chips, memory, and manufacturing capabilities. Goldman Sachs predicts that China's semiconductor capital expenditure will reach $82 billion by 2030, a 79% increase from its previous forecast. The report also anticipates that the supply gap for 7nm and below chips in China will narrow from 92% in 2025 to 34% by 2035. In terms of memory, CXMT is expected to meet 50% of China's DRAM demand by 2028, thanks to capacity expansion and yield improvements. The report noted that driven by demand for AI servers and high-bandwidth memory, China's DRAM market is projected to grow at a compound annual growth rate of 50% until 2028.
07:23
Saxo Bank analyst Charu Chanana noted in a report that NVIDIA's commitment to provide financing to some companies in the AI ecosystem, while helping it "secure scarce supply, accelerate customer deployments, and expand its potential market," also complicates its risk profile. Chanana stated that investors increasingly need to consider customer credit quality, leases, guarantees, revenue-sharing agreements, and NVIDIA's equity investments, rather than just GPU shipments.
07:16
Korea Investment Management and Korea Investment Value Asset Management boards approve spinoff merger. Under the agreement, Korea Investment Management will spin off its securities fund and money market fund businesses and merge them into Korea Investment Value Asset Management. The companies plan to hold an extraordinary general meeting on September 11 to approve the spinoff merger.
07:07
Salesforce shares climbed in premarket trading on Thursday, having posted financial results after Wednesday's close. Strategists attribute the rise to the company's embrace of artificial intelligence.
07:06
Best Buy (BBY) has raised its full-year 2027 outlook following strong second-quarter results. For Q2, the company reported adjusted EPS of $1.47, up 15% year-over-year, and revenue of $9.78 billion, up 3.6% year-over-year. Comparable sales increased by 4.1%, and adjusted operating margin was 4.3% compared to 3.9% a year ago. The company now expects FY27 adjusted EPS to be $6.70–$6.90, up from the previous guidance of $6.30–$6.60. FY27 revenue guidance was raised to $42.3 billion–$42.8 billion, and comparable sales are now projected to increase by 1.9%–3.0%. Best Buy also declared a dividend of $0.96 per share and plans approximately $300 million in buybacks for FY27.
07:06
South Korea's financial regulator, the Financial Supervisory Service (FSS), has seen a steady increase in the number of suspected illegal short selling cases reported in recent years. This rise is partly attributed to the launch of its naked short selling detection system (NSDS), which allows authorities to monitor institutional investors' short selling activity in real time. Market watchers suggest authorities should accelerate investigations, impose sanctions, and recover illicit gains.
07:06
According to data from the Korea Financial Investment Association, South Korean retail investors' deposits amounted to 98.92 trillion Korean Won as of Wednesday, a decrease of 3.62 trillion Korean Won from the previous trading day. This marks the first time deposits have fallen below the 100 trillion Korean Won threshold since August 12.
07:03
The trading platform Kalshi is now getting input from The Weather Co., which operates a leading weather app, to verify increasingly popular climate-prediction markets. The partnership aims to broaden Kalshi's weather-prediction markets with meteorological expertise, including exploring new markets for sporting events like ski conditions and marathon race days.
07:03
The findings come from the first Hong Kong-Macau Retirement Expense Index, which reflects retiree inflation, conducted jointly by the Institute of Financial Planners of Hong Kong (IFPHK) and YF Life Trustees. The index rose from 100 in 2020 and 127 in 2023 to 131.6 in 2026.
06:57
The bank's income rose from C$5.41 billion, or C$3.75 a share, a year earlier, driven by strong growth in its wealth management, capital markets, and commercial banking operations.
06:53
Currency traders are increasing hedges against further dollar gains ahead of a key speech by Federal Reserve Chairman Kevin Warsh at the Jackson Hole symposium on Friday.
06:21
Volatility in emerging-market stocks is dropping at the fastest pace in more than six years as growing investor caution and tighter government curbs cool demand for the biggest Korean tech companies.
06:03
The industry is using chemicals called surfactants to help stem a slowdown in crude output growth.
06:03
Alex Karnal, Co-Founder and CIO of Braidwell, discussed the company's approach to investing in transformative medicines, technologies, and medical devices by integrating artificial intelligence.

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