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8/31
03:32
South Korean stocks closed higher on Monday, with technology shares rebounding despite hawkish remarks from Federal Reserve Chairman Warsh; the KOSPI index rose 0.46% to 6,820.02 points.
03:05
China's six largest state-owned banks, including ICBC, China Construction Bank, Agricultural Bank of China, Bank of China, Bank of Communications, and Postal Savings Bank of China, recorded their first simultaneous rise in first-half revenue and net profit since 2022. This comes as their margins, which had been under pressure for two years, showed tentative signs of stabilizing.
02:47
Despite Fed Chair Warsh's hawkish speech on Friday, the odds of a rate hike in September remain below 60%, with observers downplaying fears of tightening.
02:38
South Korea's five major automakers are set to conclude their annual wage negotiations as early as Monday, including Hyundai Motor Co. which is holding a union vote on a tentative agreement. This resolution will allow them to concentrate on boosting sales in the second half of the year, facing challenges from US tariffs, increased competition with Chinese rivals, and slowing global demand.
02:35
The Nasdaq 100 Index is still digesting the impact of the summer sell-off, and its small but significant gap from new highs offers important insights into the current market.
02:35
Crop prices are on track for their biggest monthly gain in over a decade, driven by war and extreme weather disrupting global supplies, sparking concerns about food inflation.
02:31
The head of the world’s financial stability watchdog urged countries to take steps to control the release of new frontier models.
02:30
The network upgrade is expected to take place on Aug 31, 2026, at 08:30 AM UTC. Deposits and withdrawals via ValueChain (SOSO) will be suspended from 08:00 AM UTC on the same day. Trading activities will not be affected.
02:22
Hyundai Capital has officially started financial operations in India, marking its 14th overseas finance unit. The company converted its existing consulting entity into a financial company, Hyundai Capital India, which will operate as a stand-alone subsidiary under independent management. This move aims to support Hyundai Motor Group's expansion in India, the world's third-largest automobile market.
02:22
Hanwha Group's financial affiliates, under their joint brand PLUS, have opened applications for the PLUS NY 2026 conference. The event, themed "The New Finance Fronti", will take place at The Glasshouse in Manhattan and will bring together financial industry leaders to discuss how artificial intelligence and technological change are reshaping finance.
02:18
Goldman Sachs derivatives strategist Brian Garrett noted in his latest report that gold's 10% gain this month marks one of its best monthly performances in decades. Market attention to the "currency debasement" narrative has climbed to its highest level since January 2026. The Goldman Sachs trading desk currently favors capturing upside opportunities through structured products such as call spreads or barrier options, rather than directly chasing the rally. Additionally, Goldman Sachs maintains its S&P 500 target of 4900 points and warns of continued upside risk.
02:11
Ha Jung-woo, standing vice chair of the Presidential Council on National Artificial Intelligence Strategy, pledged Monday to put execution at the center of Korea’s bid to become one of the world’s top three AI powers. In his inaugural address, Ha identified semiconductors, physical AI, and AI data centers as the three pillars of the government’s strategy.
02:08
SK On announced Monday it has signed an agreement with US-based NeoVolta Power to supply 9 gigawatt-hours (GWh) of lithium iron phosphate (LFP) pouch cells for energy storage systems (ESS). The contract is valued at approximately 1.5 trillion won ($1.09 billion), with batteries to be manufactured at SK On's Georgia plant and delivered over five years from 2027 to 2031. This deal aims to expand SK On's footprint in the rapidly growing North American power market.
02:07
According to ship-tracking data, China's liquefied natural gas imports are expected to decline this month compared to a year earlier, as higher prices, triggered by the war in the Middle East, have dampened consumption.
02:04
Experts are urging the European Union to work more closely with South Korean electric vehicle battery makers, including LG Energy Solution, SK On, and Samsung SDI, to increase production and help the bloc diversify away from Chinese manufacturers that dominate the EV battery market.
02:01
LG Electronics announced on Monday the launch of a virtual idol group, AI-Dol, aimed at promoting its AI WashCombo all-in-one washer-dryer to young consumers. Each member of the group represents a key feature of the appliance, including its large capacity and AI-powered wash and dry functions. The group also teased its song "I Wash" on Instagram prior to its debut.
01:55
The Korea Chamber of Commerce and Industry (KCCI) and the Japan Chamber of Commerce and Industry (JCCI) held their 15th leaders’ meeting, where KCCI Chairman Chey Tae-won called for broader economic integration between the neighboring countries.
01:38
Developers of the Zcash privacy blockchain have released a new set of cryptographic tools called Zakura Common, which can reduce the proof generation time for privacy transactions on mobile devices from over 3 seconds to under 200 milliseconds, an improvement of more than 14 times. The software aims to address the significant delays users face when sending private ZEC and supports Zcash in achieving Visa-level transaction speeds. ZEC had risen by approximately 5% to around $839 after the announcement but pulled back on Monday morning with the broader market.
01:34
HDFC Bank CEO Sashidhar Jagdishan unexpectedly announced on Monday that he will not seek re-election after his term ends in October. Following this news, the bank's stock price rose by as much as 2.5% during Monday's trading, despite a 27% year-to-date decline. Analysts believe that the background of the new CEO could bring revaluation potential to the bank, but the stock price will still face short-term pressure until the successor and future direction become clear. A Nomura report noted that the new CEO needs to accelerate growth, improve deposit mobilization and returns, and rebuild market confidence in corporate governance and executive team stability. Citi and Jefferies reports stated that Deputy Managing Director Kaizad Bharucha is the most likely internal successor.
01:25
L&G Asia Head of Investment Strategy Ben Bennett describes Fed Chair Kevin Warsh's latest Jackson Hole speech as "pragmatic," noting that controlling inflation will benefit US economic expansion. He speaks as analysts project the central bank may be poised to raise interest rates.
01:06
Hong Kong maintained its position as the city with the most billionaires in Asia last year, ranking second globally only to New York, according to the latest data from New York-based firm Altrata. Meanwhile, Chinese mainland cities are rapidly catching up, fueled by wealth accumulation from the artificial intelligence (AI) boom, with Beijing and Shenzhen now among the top 15 billionaire cities worldwide.
01:04
France's deteriorating public finances and political deadlock are making it a "poster child" for sovereign debt problems, as its 10-year government bond yields hit their highest level since 2008, above 4.13% last week, and remained near 4.1% on Friday. The country's deficit reached 5.1% of GDP last year, well above the EU's 3% limit, while its debt-to-GDP ratio surpassed 115%. The IMF projects France's gross government debt to exceed 120% of GDP by 2027.
01:02
Chinese coking coal prices are heading for their biggest monthly gain on record, as supply of the steelmaking raw material tightens due to output disruptions and tougher safety checks.
01:01
Chinese President Xi Jinping is making rare state visits to Egypt and India, and attending the Shanghai Cooperation Organization (SCO) summit in Kyrgyzstan (Sunday-Tuesday) and the BRICS summit in New Delhi (Sept. 12-13). This busy travel schedule precedes his expected trip to the U.S. in late September for a meeting with U.S. President Donald Trump. Experts note the visits underscore China's evolving global role amid rising geopolitical tensions and trade issues.
00:49
Shares of Sungrow Power Supply Co., one of the world's largest renewable energy equipment manufacturers, fell 8.4% in Shenzhen on Monday, reaching a new low in over a year. This brings the company's quarterly decline to over 40%.
00:29
Indian listed companies are ramping up equity offerings to institutional investors, capitalizing on ample liquidity and improving market sentiment. Since April 1, the start of the financial year, approximately 170 companies have secured board approvals to collectively raise more than $20 billion through share sales, including qualified institutional placements (QIPs).

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