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South Korea's household loan growth slowed in July 2026 to KRW6.2 trillion, down from KRW8.3 trillion in June, with both home-backed and other loan types decelerating
The Financial Services Commission (FSC) reported that the outstanding balance of household loans across all financial sectors increased by KRW6.2 trillion in July, a slower pace compared to the KRW8.3
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US Treasury Secretary Bessent: The United States will implement "unprecedented economic measures" against Iran, combining economic isolation and a continued blockade of the Strait of Hormuz.
U.S. Treasury Secretary Scott Bessent stated that these measures would be a combination of "economic isolation unseen before in the world" and "a continuous blockade of the Strait of Hormuz," aimed at
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China's National Bureau of Statistics: Market price monitoring of important means of production in the circulation sector in early August showed that prices of 12 products rose, 31 fell, and 7 remained unchanged.
China's National Bureau of Statistics: Market price monitoring of important means of production in the circulation sector in early August showed that prices of 12 products rose, 31 fell, and 7 remaine
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Norwegian Foreign Minister: US war on Iran "not smart", failed to achieve goals and strengthened Tehran hardliners
Norwegian Foreign Minister Espen Barth Eide stated that the U.S. war against Iran was "not smart," failed to achieve its initial goals, and strengthened hardliners in Tehran. He called for the restora
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UAE accuses Iran of attacking two ADNOC vessels in Strait of Hormuz, calls it 'piracy' and threat to global energy security
The UAE Ministry of Foreign Affairs stated that two vessels affiliated with the Abu Dhabi National Oil Company (ADNOC) were attacked on Thursday evening while transiting the Strait of Hormuz. No injur
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Goldman Sachs reiterated its "Buy" rating on SanDisk, raising the target price to $2200, as its long-term financial guidance significantly exceeded expectations and it committed to returning 100% of excess free cash flow to shareholders.
Goldman Sachs noted in an August 13 research report that SanDisk's long-term financial model for fiscal years 2028-2030, unveiled at its Investor Day, including an 80% gross margin and 75% operating m
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BP granted offshore license in Venezuela, joining big oil's return to post-Maduro Venezuela
BP granted offshore license in Venezuela, joining big oil's return to post-Maduro Venezuela
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South Korean KOSPI opens 2.7% higher at 6,995.67, tracking overnight US gains as eased inflation woes boost sentiment; S&P 500 climbed 0.7% and Dow Jones added 0.1%.
South Korean KOSPI opens 2.7% higher at 6,995.67, tracking overnight US gains as eased inflation woes boost sentiment; S&P 500 climbed 0.7% and Dow Jones added 0.1%.
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Gold Steadies as Traders Weigh Fed Rate Path and Mideast Tension
Gold Steadies as Traders Weigh Fed Rate Path and Mideast Tension
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Israeli airstrike on Gaza City kills Jamal Abu Kamil, head of Gaza City police.
Gaza's Interior Ministry said Colonel Jamal Abu Kamel, 43, was killed on Thursday when his vehicle was hit by three missiles from a drone on al-Rashid Street in southwestern Gaza City, with two others
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Elon Musk retweeted a SpaceXAI Memphis tweet, stating that the company has paid $30 million in taxes since joining the Memphis community in 2024, supporting local services, education, and infrastructure.
Elon Musk retweeted a SpaceXAI Memphis tweet, stating that the company has paid $30 million in taxes since joining the Memphis community in 2024, supporting local services, education, and infrastructu
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Elon Musk reposts SpaceXAI's tweet: Grok won 1st place in reverse-engineering binaries into clean C, rebuilt a 1995 car's ECU runtime.
Elon Musk reposts SpaceXAI's tweet: Grok won 1st place in reverse-engineering binaries into clean C, rebuilt a 1995 car's ECU runtime.
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Asian stocks set to rise Friday on cooling US inflation
Asian stocks set to rise Friday on cooling US inflation
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The White House issued a memorandum directing the establishment of a fifth U.S. naval shipyard and the reorganization of Naval Sea Systems Command.
The White House today released a fact sheet providing more details on President Donald Trump’s National Security Presidential Memorandum, signed to rebuild the U.S. naval shipbuilding industrial base.
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Donald Trump endorses Mike LiPetri for New York's 3rd Congressional District, criticizing opponent Tom Suozzi
Trump announced his "Complete and Total Endorsement" for LiPetri, a former New York State Assemblyman. He attacked the incumbent, Tom Suozzi, as a "Radical Left Lunatic" who supports open borders, tra
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US President issues proclamation to adjust imports of unmanned aircraft systems (UAS) and components, citing national security threat
The proclamation follows a Commerce Secretary investigation which found that UAS and component imports threaten US national security. The Secretary recommended high ad valorem duties on UAS with a max
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The White House issued a memorandum, instructing the reconstruction of the U.S. Navy's shipbuilding industrial base, requiring the aircraft carrier CVN-81 to reinstate the steam catapult system, and introducing the "Finnish model" to attract foreign investment.
The U.S. President issued a memorandum aimed at addressing issues such as design complexity, cost overruns, delays, and lack of competitiveness in the U.S. Navy's shipbuilding industry. The memo instr
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AI power startup Fermi (FRMI) lands first customer and names new CEO, aiming to turn a corner after legal and C-suite turmoil.
The startup, co-founded by former Energy Secretary Rick Perry, went public last year and has spent recent months in a legal and shareholder tussle with its former CEO, while racing to sign a first cus
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Elon Musk reposted a tweet from cb_doge, who stated that X is the most transparent platform on the internet.
In the tweet, cb_doge highlighted that users can view if their accounts or posts are being suppressed, understand the exact reasons for any visibility limits, and download full reports.
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SEC Charges Toms River Trio with Allegedly Misappropriating $47 Million from Over 87 Investors in Affinity Fraud Targeting Orthodox Jewish Communities
SEC Charges Toms River Trio with Allegedly Misappropriating $47 Million from Over 87 Investors in Affinity Fraud Targeting Orthodox Jewish Communities
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US stocks rose, with the S&P 500 hitting a record high, as wholesale inflation data eased.
U.S. stocks rose, with the S&P 500 closing at a record high, after wholesale inflation data eased, alleviating concerns about interest rate hikes. The Dow Jones Industrial Average rose 69.72 points, o
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S&P 500 companies' Q2 blended net profit margin hits record 16.9%, highest since 2009, FactSet data shows
This is up from 14.8% in Q1 and 12.9% a year ago, well above the five-year average of 12.4%. Google (Alphabet) and Amazon are the biggest contributors to this record. Even excluding these two, the S&P
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Databricks raised $5 billion in a new funding round at a $190 billion valuation, exceeding its initial $1 billion target due to overwhelming investor interest.
The AI big-data company's CEO Ali Ghodsi told TechCrunch that investors showed $15 billion of interest, prompting the larger raise. The round was led by Coatue, with participation from Blackstone, MGX
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Apple CEO Tim Cook and U.S. Commerce Secretary Lutnick opened a new factory in Houston, which will produce Mac Mini and AI servers.
Apple CEO Tim Cook and U.S. Commerce Secretary Howard Lutnick jointly unveiled a new manufacturing facility in Houston, Texas, on Wednesday. The factory will be responsible for producing Mac Mini desk
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British AI company Quantexa explores multibillion-dollar IPO in UK or US, CEO confirms
British AI company Quantexa explores multibillion-dollar IPO in UK or US, CEO confirms
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Anthropic's pre-IPO credit facility is set to climb past its $10 billion target
Anthropic's pre-IPO credit facility is set to climb past its $10 billion target
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WisdomTree U.S. MidCap Dividend ETF (DON) offers a monthly dividend yield of 2.26%, with an annual payout of approximately $2,260 on a $100,000 investment.
The WisdomTree MidCap Dividend ETF (DON) offers a monthly dividend yield of 2.26%, which would generate approximately $2,260 in annual payouts for a $100,000 investment. This ETF focuses on mid-cap di
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U.S. diesel refining margins surge to record $102/barrel amid global supply crunch, with inventories at lowest late-August level since 1996
U.S. diesel refining margins surge to record $102/barrel amid global supply crunch, with inventories at lowest late-August level since 1996. Supply disruptions linked to the U.S.-Iran war, Strait of H
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Bill Ackman's Pershing Square Liquidates Google in Q2, Establishes New Positions in Visa, Mastercard, S&P Global, and Netflix Worth Approximately $4.2 Billion
According to the latest 13F filing, Pershing Square Capital Management completely exited its Google (Alphabet) position in the second quarter, a position that had been reduced to just 0.8% of its $13.
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Ray Dalio likens current AI craze to 1929 and 2000 bubbles, noting current CAPE ratio of 42.6
Bridgewater Associates founder Ray Dalio stated in a podcast that the current AI craze is showing "classic bubble signs." He pointed out that the current cyclically adjusted price-to-earnings (CAPE) r
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BP Plc Joins Venezuelan Oil Trade After US Lifts Sanctions, Challenging Trafigura and Vitol
BP Plc Joins Venezuelan Oil Trade After US Lifts Sanctions, Challenging Trafigura and Vitol
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Baidu (BIDU) shares fell as much as 11.6% on Tuesday after the company reported second-quarter revenue that declined 4% year-over-year to 31.3 billion yuan (approximately $4.62 billion) and diluted earnings per share that plunged 72% year-over-year to 5.74 yuan (approximately $0.85), both significantly missing analyst expectations.
Baidu's Q2 results fell short of analysts' expectations of RMB 31.95 billion in revenue and RMB 9.84 EPS, mainly due to its massive investments in artificial intelligence (AI) failing to yield quick r
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Applied Optoelectronics Expands U.S. Laser Capacity to Meet AI Data Center Demand, Targeting 650,000 Transceiver Units Monthly by Year-End
Applied Optoelectronics (NASDAQ:AAOI) is expanding its automated U.S. manufacturing capabilities to capitalize on growing demand for AI data centers and co-packaged optics, according to CFO and CSO St
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Bitcoin and Ethereum opened higher on Tuesday but fell back during the day due to ongoing Middle East conflict
On Tuesday, August 18, Eastern Time, Bitcoin opened at $64,487.65, up 2.7% from Monday's opening price; Ethereum opened at $1,911.89, up 2% from Monday's opening price. As of 9:19 AM Eastern Time, Bit
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Apple announced adjustments to App Store fees in the EU, effective October 1: The Core Technology Fee will be replaced by a 5% commission on digital transactions outside the App Store, in-app purchase commissions will be 26%, alternative payments will be 20%, and external purchase links will be 15%.
Apple announced adjustments to App Store fees in the EU, effective October 1: The Core Technology Fee will be replaced by a 5% commission on digital transactions outside the App Store, in-app purchase
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Jeff Currie: The market is focused on Brent crude oil at around $91/barrel, but the real energy crisis is European diesel prices reaching around $170/barrel.
Jeff Currie stated that the market is focused on Brent crude oil at around $91/barrel, but the real energy crisis is European diesel prices reaching approximately $170/barrel. He pointed out that crud
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Intel shares surged 330% over the past year, driven by 59% Data Center/AI growth in Q2 2026, with analysts setting a consensus target of $114.88.
Intel's significant rally, which also saw shares up 177.78% year-to-date, is fueled by a successful foundry ramp and strong AI segment performance. However, Wall Street's consensus target of $114.88 s
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U.S. human resources stocks have rebounded strongly, with ManpowerGroup and Robert Half up 94% and 120% respectively from their previous lows. Analysts believe that the proliferation of AI-generated resumes has, paradoxically, increased the value of screening services provided by recruitment companies.
The market previously worried that AI would disrupt the recruitment industry, but with ManpowerGroup and Robert Half's Q2 results exceeding expectations, and share prices of companies like ZipRecruite
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China strengthens border controls to prevent technology and data leaks, with new regulations set to take effect on September 15th. This move is reportedly driven by Meta's attempt to acquire Chinese AI startup Manus.
China strengthens border controls to prevent technology and data leaks, with new regulations set to take effect on September 15th. This move is reportedly driven by Meta's attempt to acquire Chinese A
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Raw Sugar Futures Advance to 14-Month High on Global Supply Concerns, as India Considers Cutting Import Duties
Raw Sugar Futures Advance to 14-Month High on Global Supply Concerns, as India Considers Cutting Import Duties
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US crude futures rise by more than $1 as hopes of US-Iran peace deal fade
US crude futures rise by more than $1 as hopes of US-Iran peace deal fade
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Value investing giant Seth Klarman's Baupost Group increased its stake in Genuine Parts (GPC) by 89% in the second quarter, valued at approximately $332.3 million.
Value investing giant Seth Klarman's Baupost Group increased its stake in Genuine Parts (GPC) by 89% in the second quarter, valued at approximately $332.3 million.
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Josh Gottheimer, a senior member of the House Intelligence Committee's cyber subcommittee, disclosed the purchase of three cybersecurity stocks.
A periodic transaction report filed by Representative Josh Gottheimer (D-NJ) on August 10 shows that he purchased shares of CrowdStrike (CRWD), Palo Alto Networks (PANW), and SailPoint (SAIL), with ea
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Iranian Clubs to Play Qatar and UAE Sides at Neutral Venues in Asian Champions League Elite Amid Regional Conflict
Iranian Clubs to Play Qatar and UAE Sides at Neutral Venues in Asian Champions League Elite Amid Regional Conflict
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Bank of Israel Governor Yaron said the outcome of the next policy meeting has not been predetermined.
Bank of Israel Governor Yaron stated that the outcome of the next policy meeting is not predetermined, implying that interest rates could be adjusted at that time. He noted that the Israeli economy ha
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Colombian Q2 GDP Growth Jumps to 3.5%, Exceeding Expectations
Colombia's economic growth of 3.5% in the second quarter surpassed forecasts, providing a strong start for President Abelardo de la Espriella as he begins his four-year term.
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Bloomberg strategist Simon White warns that the "ultra-low correlation" in US stocks faces a risk of severe shocks, and anomalous gamma fluctuations could become the "switch" for market volatility.
White pointed out that the current abnormal fluctuations in Gamma are weakening option traders' ability to suppress market volatility. Once Gamma rapidly turns negative, option traders' hedging behavi
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Pentagon considers reducing Persian Gulf troop presence
The U.S. Pentagon is considering reducing its troop presence in the Persian Gulf following the Iran war, as repeated Iranian strikes exposed vulnerabilities at major American bases. Options include sh
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