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According to IMF, on August 6, gold acquired through domestic purchases can be classified as monetary gold and included in reserve assets if it meets purity standards of 99.5% or higher and other reserve asset criteria, the International Monetary Fund stated to Seoul Economic Daily. South Korea's central bank will establish a cooperation framework with the Korea Exchange, Korea Securities Depository, and domestic gold producers to purchase gold intended for export. The first purchase is expected

According to recent reports from Chinese media, Samsung Electronics and SK Hynix together hold $263 billion in cash, more than double Nvidia's $102 billion and surpassing the combined cash reserves of the other six Magnificent 7 companies. However, the two South Korean chipmakers' shareholder return rate remains around 50%, with unclear future distribution plans, prompting growing complaints from institutional and retail investors. Global investment banks have begun downgrading price targets ami

According to Bloomberg, just days after his hedge fund faced potential collapse, Leopold Aschenbrenner returned to investing by committing $400 million to back a privately held company, according to people familiar with the matter.

According to Shengye's announcement, the company will distribute a final dividend of HK$0.4047 per share on August 17, 2026, for the year ended December 31, 2025.

According to company announcement on August 11, Inepharma-B (07630) expects first-half 2026 net loss of RMB 81.7–99.9 million, down 22–37% year-over-year from RMB 129 million in the same period of 2025. Revenue is projected to reach RMB 94.7 million to RMB 116 million, up 276–359% year-over-year from RMB 25.2 million. The improvement was driven by increased sales of Senapali following its inclusion in China's national medical insurance drug list in early 2026, combined with royalty income from a

According to Iran's Deputy Foreign Minister Garibabadie, on August 5, Iran and Oman's agreement on merchant transit through the Strait of Hormuz reached its final stage. The new shipping corridor system will comprise a southern route through Omani waters and a northern route within Iranian territorial waters, replacing the 60-year-old existing corridor structure. Garibabadie denied claims that Iran and the United States were currently negotiating on the matter, though he indicated the U.S. has r

According to Reuters citing Iranian officials, Iran is demanding a 5-7% toll on cargo transiting the Strait of Hormuz, which could reach approximately $11.2 million per supertanker carrying 2 million barrels of crude oil based on current prices of $80 per barrel. Oman is negotiating around 3% tolls, while the U.S. aims to avoid paying tolls altogether. A key remaining issue involves Iran's proposed control over incoming Gulf traffic and its role in outbound shipping.

According to Twitter/@ShawnKwon11, IonQ reported second-quarter 2026 revenue of $80.1 million, up 23.8% sequentially and exceeding previous guidance by 20%. The company raised its full-year revenue outlook to $280–290 million.

According to reports, this year DRAM prices have risen significantly while demand for HBM4 from major tech companies including AMD, Meta, and Google has expanded rapidly. The shift in market dynamics is prompting chipmakers to reevaluate long-term contracts previously secured with customers like Nvidia. Previously, locking in stable volumes with key customers was considered a competitive advantage; now, the ability to flexibly allocate production capacity across diverse customers and product lin

SK Hynix and Marvell unveiled the CMM-Ax memory module at FMS 2026, a CXL-based near-data computing module designed to accelerate AI inference workloads. The module combines SK Hynix's high-performance DRAM with Marvell's Structera A near-memory processing engine, integrating 16 Arm datacenter CPU cores within the CXL controller. In benchmarks using a 512GB configuration, the CMM-Ax achieved 5.5x throughput compared to a single GPU and 3.6x compared to dual GPUs, with up to 200GB/s internal band

According to Goldman Sachs, SK Hynix is projected to achieve revenue of 592 trillion won and operating profit of 448 trillion won by 2028, with operating margin approaching 76%. The bank forecasts gross margin will peak at 86% in 2027, driven by sustained AI demand, tight semiconductor supply, and rising average selling prices (ASP). HBM pricing is expected to stabilize at approximately $2.9 per gigabit through 2027. SK Hynix's second quarter 2026 results—revenue of 79.3 trillion won and operati

SanDisk signed multi-year NAND flash memory supply contracts with eight customers in early 2026, primarily datacenter, edge computing, and AI-focused buyers. The agreements include minimum revenue commitments of approximately $93.9 billion at floor pricing levels, with contract periods exceeding four years on average. The contracts cover more than 50% of SanDisk's planned FY2027 bit shipments and roughly two-thirds of FY2028 output. Three contracts alone secured at least $42 billion in minimum r

According to its official financial disclosure on August 6, WonIkIPS (240810) reported a net profit of 899 billion Korean won in Q2 2026, surging 307.8% quarter-over-quarter and rising 225.2% year-over-year. The company posted revenue of 216.5 billion won, reflecting a 31.3% sequential increase but a 10.6% decline compared to the prior year period.

According to an analysis by Mirae Asset Securities, South Korea's Finance Ministry introduced a stock price stabilization measure on August 3 as part of its 2026 tax reform package. The law aims to close inheritance tax gaps between listed and unlisted companies by preventing shareholders from artificially depressing stock prices before succession. The government's proposal would apply to approximately 80 companies with a total market capitalization of 48 trillion won, significantly narrower tha

According to the U.S. Commerce Department, the agency announced on August 3 that it would raise tariffs on 14 derived copper, steel, and aluminum products—including electrical conductor cables—to 25%, removing temporary 15% exemptions that previously supported AI infrastructure development. South Korea's power cable industry faces significant pressure as the new tariff takes effect. The move follows the Commerce Department's shift from a 50% blanket tariff imposed last year to a scaled approach,

SanDisk reported Q4 results that beat expectations across the board, with revenue of $89.7 billion (vs. consensus $86.4B), adjusted EPS of $39.25 (vs. $34.37), and gross margin of 84.6% (vs. 81.5%). However, shares fell 5% in after-hours trading after the company issued Q1 guidance of $103–108 billion revenue, below the market's estimated $111B, and signaled signs of gross margin peaking at 83–85%. Data Center revenue reached $29.8 billion with 103% quarter-over-quarter growth, while Edge revenu

According to Zhitong Finance, Morningside Telecom (02000) issued a profit warning on August 11, projecting a loss attributable to shareholders of approximately HKD 5 million to HKD 20 million for the first half of 2026, compared to a profit of HKD 8.8 million in the same period of 2025. The board attributed the swing to declining overall turnover, rising material costs, increased research and development investment, and impairment losses on investment properties.

According to the company's official announcement, Iwen Group (00772) released its mid-year results for the six months ended June 30, 2026, posting revenue of RMB 35.31 billion, up 10.68% year-over-year, with gross profit of RMB 17.92 billion, up 11.15%. The company recorded net profit attributable to shareholders of RMB 135 million and earnings per share of RMB 0.13. IP operations revenue surged 41.9% year-over-year, driven by strong performance in short dramas and AI comics. Short drama and AI

According to the company, CMTX shareholders approved amendments to the articles of association, including adoption of an independent director system and expanded issuance limits for convertible bonds and warrants, on July 22. The semiconductor materials and components manufacturer also launched a shareholder communication board on its official website to enhance engagement with investors.

According to its regulatory filing, Lian Da Technology Holdings (00889) reported on August 11 that the company expects a loss attributable to shareholders exceeding HK$1 million for the six months ending June 30, 2026, compared to a net loss of HK$6 million in the same period of 2025. The improved loss was driven by increased sales revenue and improved gross margin, though the group maintained a solid financial position despite the projected loss.