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Apple's on-device generative AI model for iPhones in China has completed regulatory filing, accelerating its launch. The filing confirms Alibaba as the local partner for the service, marking a key step in Apple's AI rollout within the Chinese market.
Read MoreThe UK plans to launch its first digital sovereign bond, DIGIT, in early 2027, potentially becoming the first G7 nation to issue government debt on distributed ledger technology. The sterling-denominated bond will operate within a regulatory sandbox, testing blockchain's potential to improve settlement efficiency and reduce costs. Details on size and terms remain undisclosed.
Read MoreA 32-year-old bulk carrier broke in two and sank in shallow waters near the Strait of Hormuz. The cause remains unconfirmed, with speculation ranging from collision to possible underwater explosion. The incident highlights risks in this critical global shipping lane.
Read MoreSK Hynix's American Depositary Receipts (ADRs) fell sharply in pre-market trading, dropping over 4%. This movement highlights investor concerns regarding near-term memory chip demand and broader market conditions. We explore the potential drivers behind this decline.
Read MoreSamsung has not yet secured mass production orders from NVIDIA for HBM4 chips, currently limited to paid test samples. Meanwhile, competitor SK Hynix has officially begun mass production of 12-layer HBM4 for NVIDIA, with plans to expand shipments starting September.
Read MoreECB's Nagel warns that escalating Middle East conflicts heighten geopolitical uncertainty, driving energy price volatility—a key inflation factor. The ECB remains vigilant, ready to act if needed, while current rates are deemed appropriate. Markets expect no rate change at the upcoming July meeting.
Read MoreIsraeli Prime Minister Benjamin Netanyahu is scheduled to travel to the United States this Saturday, according to a senior Israeli official. The visit is expected to address key bilateral and regional issues, though the full agenda remains undisclosed.
Read MoreRipple has launched a $250,000 initiative to support businesses founded by military veterans and their families. Twenty-five selected enterprises will each receive a $10,000 grant along with employer support, providing crucial resources for veteran entrepreneurs to scale their operations.
Read MoreFollowing a widely expected July rate hike, the Bank of Korea is likely to pause in August and potentially resume tightening in October. This allows time to assess updated economic forecasts and evolving data, with oil price declines providing some breathing room.
Read MoreA central bank official stated that open market operations aim to maintain overall liquidity stability. The scale of single-day operations does not indicate policy direction. Short-term market interest rates near policy rates are the key indicator to watch.
Read MoreThe People's Bank of China's latest data shows China's aggregate financing stock reached 462.06 trillion yuan by end-June 2026, a 7.4% year-on-year increase. Government and corporate bonds drove growth, while RMB loans maintained steady expansion, indicating continued financial support for the real economy.
Read MoreChina's M2 money supply grew 8% year-on-year in June, missing forecasts of 8.5% and slowing from May's 8.6%. The deceleration signals potential shifts in monetary policy stance and credit expansion pace, offering clues for the second-half economic outlook.
Read MoreSeoul stocks surged past the 7,000-point mark on July 15, with the KOSPI index rocketing over 8% intraday. The rally was fueled by massive foreign inflows, which net purchased a record 2.4 trillion won in stocks—double the previous day's amount. Institutional investors joined the buying spree, while retail investors were net sellers, highlighting a major shift in market sentiment.
Read MoreKorean media reports reveal Samsung Electronics is secretly studying the feasibility of issuing ADRs in the US, with internal teams evaluating costs and structures. Despite public denials, market analysts believe the move signals potential global capital strategy shifts, citing consultations with SK Hynix.
Read MoreJapanese and South Korean stock markets closed sharply higher on July 15, fueled by a powerful rally in semiconductor stocks. The Nikkei 225 and KOSPI both posted strong gains, with key chipmakers like SK Hynix and Samsung Electronics leading the charge, highlighting robust investor confidence in the tech sector.
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