Gate Crypto Flash News and Market Updates

According to data from Japan's Finance Ministry released on September 7, Japan likely sold foreign securities including U.S. Treasuries in August to raise funds for record-level yen intervention. Foreign securities held by Tokyo fell by $87.8 billion at the end of August compared to the previous month. The Finance Ministry previously confirmed that authorities deployed approximately $96.4 billion—a record amount—for intervention over a one-month period through August 26, with some operations con

According to Economic Daily, TSMC's third-quarter 3-nanometer (3nm) chip production value exceeded 400 billion yuan for the first time, marking a new record. The strong demand from artificial intelligence and high-performance computing applications drove the company to expand 3nm production capacity. 3nm production is expected to surpass 5nm for the first time in the second half of 2026, and will account for over 30% of total revenue while boosting gross margin performance.

According to DB Securities analyst Seo Seung-yeon on September 7, the firm raised its target price for SK Hynix to 2.3 million won from 2 million won, citing strong pricing for HBM4 (sixth-generation high-bandwidth memory) chips. DB Securities expects HBM4 prices to rise approximately 70% year-over-year in 2027, supporting robust earnings improvement. The analyst noted that SK Hynix's 2027 operating profit is projected at 393 trillion won, up 52% from 2026 estimates, driven by sustained AI infra

According to Coinalyze data, altcoin open interest has surpassed Bitcoin for the first time in over a year, marking a significant shift in derivatives market positioning between the two asset classes.

According to Nikkei, 128 Japanese companies have been confirmed for delisting from the Tokyo Stock Exchange so far this year as of September 6, already exceeding the previous annual record of 125 delistings in 2025. An additional 29 companies listed as at-risk have been designated for possible delisting, potentially increasing the total further. Around 20% of the companies choosing delisting, or 28 firms, partnered with private equity funds to streamline shareholding structures and accelerate ma

According to Chosun Daily, SK Hynix began supplying 1c DRAM in the second quarter of 2026 and expects production to reach approximately 34% of total output by the fourth quarter, up from 13% in Q2. The South Korean chipmaker's 1c process is set to surpass its older 1b process by the first quarter of 2027. SK Hynix is using the 1c node for HBM4E high-bandwidth memory modules as the technology enters customer sampling phase. Samsung commenced HBM4E sample shipments on May 29, 2026, while SK Hynix

According to ChainCatcher, Nvidia CEO Jensen Huang said today that OpenAI's GPT-6 Astra was trained on over 100,000 Nvidia Grace Blackwell NVLink72 chips.

According to Bitget, on September 7, South Korea's KOSPI index broke through 6,900 points, rising 3.34% at market open. Samsung Electronics gained 4.5%, while SK Hynix surged 5.4%.

According to Korean Economy TV, stronger-than-expected U.S. employment data over the weekend lifted market expectations for a Fed rate hike in September to 60% from 49%, pressuring risk assets. Bitcoin tumbled to $79,000 before recovering to test $80,000, while gold dropped below $4,500 per troy ounce to trade at $4,477. U.S. Treasury yields surged across the curve, with the 2-year at 4.37%, 10-year at 4.78%, and 30-year at 5.24%, while the dollar index climbed back to 99. August's CPI data, due

According to Maeil Business Newspaper, SK Square's share price fell from a peak of 2.126 million won on June 22 to 1.038 million won as of September 4, marking a decline of more than 50% from its year-to-date highs. The stock had surged to around 2 million won earlier in 2026 from 396,500 won at the start of the year, but has since reversed sharply. NH Investment Securities lowered its target price for SK Square from 2.7 million won to 2.28 million won in late August, citing adjustments in SK Hy

According to Meritz Securities on September 7, Fine M-Tek reported Q2 revenue of 95.2 billion won, surging 118.5% year-over-year, with operating profit of 7.3 billion won and margin of 7.7%, exceeding Meritz's estimates by 1.5% on revenue and 45.2% on operating profit. The growth was driven by shipments of back plates for foldable smartphones from domestic customers starting in Q2, supported by laser etching technology that raised average selling prices and expanded market share. Yield improveme

According to Jin10 Futures, CBOT soft red winter wheat futures fell 6.4% for the week ending September 4, retreating from three-and-a-half-year highs reached earlier in the week following signals from Russian President Putin that a peace accord ending the Black Sea conflict may be within reach. Russia's wheat exports for the first three months of the 2026/27 season reached only 5.6 million tons, down 50% year-over-year, according to SovEcon. Ukraine's grain exports fell to 1.2 million tons in Au

According to reports, as of the week ending September 4, 2026, CBOT soybean oil futures fell 2.5% in the benchmark December contract, primarily driven by the U.S. Environmental Protection Agency's approval of renewable fuel exemptions for small refineries exceeding initial expectations, combined with higher-than-anticipated U.S. soybean oil inventories. The EPA approved 1.76 billion RIN exemptions for small refineries in the 2025 compliance year and extended the compliance deadline from Septembe

According to Yonhapinfomax, MetLife Life Insurance will relocate its headquarters from Gangnam to G1 Seoul in Jongno-gu on September 21, occupying approximately 12,900 square meters. The move comes as the company pursues cost reduction measures amid a high dividend-distribution strategy, sparking speculation about a potential sale of the Korean subsidiary.

According to South Korea's insurance industry, MetroLife Korea will relocate its headquarters from Gangnam to G1Seoul in Jongno-gu on September 21, occupying approximately 12,900 square meters. The relocation follows the company's high dividend distribution policy—MetroLife paid 195 billion won in 2023, 397.6 billion won in 2024, and 379.8 billion won in 2025—sparking speculation about a potential sale amid cost-reduction efforts.

South Korean brokerages are bracing for heightened volatility in KOSPI this week (Sept 7-11) as key economic events converge, including the U.S. Consumer Price Index release and derivatives expiry. NH Investment Securities and Kiwoom Securities forecast KOSPI trading ranges of 6,200-7,300 and 6,400-7,050 respectively. Last week, KOSPI moved within 6,439-6,857 amid competing pressures: U.S. 10-year Treasury yields climbed to 4.8%, their highest since January 2025, while Samsung Electronics and SK

According to ValueFinder research released September 7, Inspian (465480) is positioned to benefit from SAP's legacy ERP system support ending by end-2027, as the consulting firm commands 1st place in domestic SAP EAI market share. The company reported H1 2026 operating profit turnaround of 12.4 billion won on revenue of 8.7 billion won, up 13.3% year-over-year. Notably, Inspian's net financial assets reached approximately 384 billion won as of mid-2026, representing 114% of its market capitaliza

According to Goldman Sachs analyst Rich Privorotsky, OpenAI's new Astra model represents a significant artificial intelligence breakthrough that sparked overnight gains for key investors. SoftBank, a major OpenAI backer, jumped over 10% yesterday, while Oracle rose approximately 5.5%. Privorotsky noted that Astra's substantially superior capabilities mark the "intelligent breakthrough" AI bulls have long awaited. Unlike mere price reductions, the model's genuine capability advancement could unlo

According to Goldman Sachs, on September 7, the rationale for tactically buying the Japanese yen has strengthened following recent yen appreciation. The firm cited market expectations of Bank of Japan monetary tightening in September, potential shifts in Japanese capital flows, and further intervention risks. BOJ Governor Kazuo Ueda "essentially confirmed" the market's September rate hike expectations. Goldman noted that speculation around Japan's Government Pension Investment Fund (GPIF) potent