South Korea Empowers Financial Watchdog with “Emergency Intervention Powers” to Rein in Single-Stock Leveraged ETF Risks

South Korea is revising capital market laws to grant financial regulators “emergency intervention powers” during severe market swings. The focus is on curbing risks from single-stock leveraged ETFs through measures like adjusting leverage ratios and setting investment caps. Recent margin requirement hikes have already slashed trading volumes in these products.

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Kimi K3 Open Source Triggers Computing Power Revolution! Domestic AI Chip and Server Industry Chain Ushers in Explosive Growth

The open-source Kimi K3 model saw surging demand post-launch, quickly exhausting existing computing clusters. This highlights its strong performance and the urgent market need for inference computing power, accelerating domestic AI model competition and driving demand across the entire domestic computing industry chain, from servers and switches to optical modules and liquid cooling.

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Visa Announces Major Layoffs of 2600 Employees, Embraces AI for Business Transformation and Cost Reduction

Payment giant Visa plans to lay off approximately 2600 employees as part of its strategic restructuring and cost-cutting initiative. The company simultaneously announced a major push to integrate artificial intelligence across its operations, aiming to enhance efficiency and invest in future growth. This move highlights the industry's shift in adapting to rapid technological change.

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Trump Halts Iran Strike After Deal Framework Emerges: Immediate Opening of Strait of Hormuz Key Condition

President Trump announced on social media he has agreed to postpone military action against Iran after receiving requests from Iran and other Middle Eastern countries. A deal framework has been established requiring immediate opening of the Strait of Hormuz and ending Iran's nuclear threat. Final agreement must be reached quickly for the halt to remain, with Israel also committed to the process.

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