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9/1
01:55
South Korea's government spending for 2027 is set to be the fastest increase on record. Under its medium-term fiscal plan, annual spending is projected to surpass 1,000 trillion won for the first time in 2030, reaching 1,005.2 trillion won, while national debt rises to 1,734.1 trillion won.
01:55
The 10-year agreement, starting in 2029, secures 8,000 metric tons of lithium carbonate annually, totaling 80,000 tons. This aims to strengthen LGES's battery material supply chain for the North American energy storage market, providing enough cathode materials for approximately 1.8 million high-performance EVs.
01:55
Hanwha Group climbed six places to No. 16 among the world's largest defense contractors in 2025, with its defense revenue surging to $10.44 billion, according to the annual ranking released Monday by US publication Defense News. This reflects the South Korean defense industry's growing export presence, particularly in Europe. Three other South Korean defense companies—LIG Nex1, Hyundai Rotem, and Korea Aerospace Industries—also made the top 100 for a second consecutive year.
01:48
Israeli forces demolished more Palestinian homes in the occupied West Bank on Monday, while settlers attacked residents in the village of Burqa. This escalation of violence comes as Ireland pushes for sanctions on goods from illegal Israeli settlements at an informal meeting of European Union ministers starting Tuesday. The UN human rights office reported last month that settler violence was at an “all-time high.”
01:47
The mandate of the United Nations Interim Force in Lebanon (UNIFIL) is set to expire on December 31, 2026. The European External Action Service (EEAS) has proposed a three-year military and civilian mission aimed at assisting and training the Lebanese Armed Forces and Internal Security Forces to strengthen Lebanon's state power. Analysts suggest that UNIFIL's withdrawal could benefit Israel, as the Lebanese Armed Forces might be compelled to coordinate more directly with the Israeli military. The UN is also developing alternative plans, including transferring remaining roles to the United Nations Truce Supervision Organization (UNTSO), and has presented three options to the Security Council for troop numbers ranging from 900 to 3,000. However, the EU's foreign policy chief has expressed skepticism about the willingness for a new European mission to fully replace UNIFIL.
01:47
China's relentless drive to keep the yuan stable is crippling activity in the offshore currency derivatives market, depriving foreign investors of trading opportunities and leaving them exposed should volatility return.
01:44
Blockchain analytics firm Lookonchain reports that James Wynn has shifted his position on Bitcoin. He closed his 1.33 BTC ($103,000) short position, incurring a $1,500 loss. Subsequently, Wynn opened a new 30x leveraged long position on 1.86 BTC ($147,000), with a liquidation price set at $77,243.53.
01:43
Choi Jang-seok, head of the memory product planning team at Samsung Electronics, delivered a keynote speech at the Memory Executive Summit in Taipei, detailing a strategy to enhance storage capacity, bandwidth, and energy efficiency through 3D architecture. This initiative aims to address the growing demands of AI workloads on storage systems.
01:40
The trader spent $106,500 to buy 11.8 million $CASHCAT, then sold it all for $672,600, realizing a profit of $566,000. Additionally, the trader spent $113,700 to acquire 10.2 million of the token at ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241, sold 1.1 million for $117,100, and still holds 9.1 million of the token, currently valued at $4.2 million, bringing the total profit to over $4.7 million.
01:34
Sources told Nikkei Asia that the two Japanese chip material suppliers are strengthening their cooperation with Taiwan's booming AI supply chain by expanding their operations on the island.
01:33
Robert Kaplan, Vice Chairman at Goldman Sachs, stated he would lean toward raising interest rates in September, assuming there are no surprises, though he would strive to keep an open mind. He made these remarks at the Goldman Sachs Asia Leaders Conference.
01:32
Choi Jin-hwan will also serve as president of Crystal Holdings Korea, the group's holding company, overseeing strategy and growth. Additionally, Jeong Chang-kook has been appointed CEO of Chung Ho Nais, Microfilter, and MCM, while Jung Se-hyung will lead Nais Engineering.
01:30
South Korea's intelligence agency has indicated signs that the United States and North Korea may be moving towards resuming dialogue, and assessed that a summit between former US President Donald Trump and North Korean leader Kim Jong Un could happen "at any time." This information was revealed by a lawmaker who was briefed by the agency.
01:27
Franklin Templeton, a global asset manager, announced the appointment of In-Keun Kim as President and CEO of Franklin Templeton Investment Advisers Korea Ltd., where he will be responsible for strategy and operations. Kim previously spent six years at Western Asset Management's Singapore office and brings over 27 years of asset management experience.
01:24
The AI license plate recognition network, primarily used by law enforcement agencies, is facing growing privacy concerns and pushback.
01:13
Investor appetite for Zambia’s stocks, bonds, and currency remains strong despite post-election tensions. This confidence is fueled by a copper rally, which positions Zambia as a key player in the artificial intelligence infrastructure build-out.
01:04
Asian private investors, including Hong Kong family offices, are increasingly focusing on advanced medical technologies such as brain-computer interfaces and surgical robots. With the booming biotechnology sector in China, healthcare transaction activity in Asia is accelerating. William Chow, Deputy Group CEO of Raffles Family Office, stated that Asia's aging population is driving a structural long-term demand for better surgical procedures and medications.
01:03
Ark Invest purchased 456,059 shares of Block Inc. across three of its ETFs (ARKK, ARKW, and ARKF) after the company's stock fell 1.85% on Monday. Additionally, Ark Invest bought $3.36 million worth of Circle Internet Group stock, which saw its shares rise by 9.65% on Monday.
00:39
Upbit announced that deposits and withdrawals for MINA will be suspended starting at 23:00 KST on September 2nd.
00:36
The Iran war has transformed how cooking gas reaches millions across Asia and Africa. India has maintained the flow of liquefied petroleum gas (LPG) by redrawing supply routes and boosting domestic output, though this disruption has come at a cost.
00:29
According to the Financial Times, more than half of these losses are not covered by insurance, as carriers are increasingly carving out risk and cutting exposure.

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