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The Chinese yuan mid-rate against the US dollar was set at 6.7840 today, down 11 basis points from the previous trading day's mid-rate of 6.7829.

China's central bank reported on August 27 that the yuan depreciated against the U.S. dollar, with the USD/CNY mid-rate at 6.7840, up 11 basis points. Among other major currency pairs, EUR/CNY fell 68 points to 7.8739, GBP/CNY declined 268 points to 9.1859, and JPY/CNY (per 100 yen) rose 41 points to 4.2491. AUD/CNY gained 137 points to 4.8488, while CHF/CNY dropped 265 points to 8.3987.

According to Jin10, China's gross domestic product rose 4.7% year-on-year in the first half of 2026, with an increase of 3.6 trillion yuan, marking the highest level for the same period in five years. The National Development and Reform Commission announced on August 27 that economic growth, employment, prices, and trade indicators met expectations, while market consumption and resident incomes remained stable.

According to TechCrunch, Amazon and Nvidia announced expanded collaboration on August 26, with AWS planning to add 2 million Nvidia GPUs between 2027 and 2028, including Blackwell Ultra, Rubin, and Rubin Ultra products. The deal aims to meet growing AI infrastructure demand from startups, AI labs, enterprises, and government clients. While the transaction value was not disclosed, industry estimates suggest the order could reach hundreds of billions of dollars. Beyond chip procurement, AWS will a

According to Bloomberg, Kioxia Holdings plans to build a third wafer fabrication plant at its Kitakami production base in Iwate, Japan, to expand storage chip capacity and meet growing demand for AI-related applications. The new facility will produce the company's latest high-density 3D NAND flash memory chips for processing large-scale data workloads generated by AI services. Kioxia began shipping its tenth-generation BiCS Flash stacked NAND products last month. Construction timeline and invest

According to Business Insider, BCA Research's chief investment strategist Marco Papic warned yesterday (Aug 26) that the Iran conflict could trigger sustained inflation pressure in the near term but spark deflation by 2030 as governments and companies overinvest in energy, infrastructure, and supply chains to mitigate future disruptions. Papic noted that the U.S. Energy Department has committed $17.5 billion in loan support for nuclear supply chain development and $500 million for critical miner

According to Yonhap Infomax, the dollar-won exchange rate held near 1,386 won on August 27 as markets awaited the Bank of Korea's monetary policy decision. The central bank's Financial Monetary Committee is expected to decide between maintaining the base rate or raising it by 25 basis points to 3.00%. Market participants are closely monitoring the BOK's policy direction, as a more hawkish tone could strengthen the won and weigh on the dollar-won exchange rate. Earlier trading showed the rate at

According to Guru Club, spot silver surged $1 on August 27, reaching $69.12 per ounce with a gain of 1.47%.

According to PANews, the second World Humanoid Robot Sports Competition concluded on August 26. Over 2,000 humanoid robots from more than 100 manufacturers competed across five days, with thousands of hours of operational data and tens of thousands of motion captures recorded. Multiple event records were broken, including a humanoid robot completing 100-meter sprint in under 10 seconds and achieving a high jump of 3.4 meters, with robots also demonstrating practical applications in factory logis

According to WSTS data, the global semiconductor market reached $368 billion in Q2 2026, with 35% quarter-over-quarter growth and 104% year-over-year increase, driven primarily by AI chip demand. Storage manufacturers led the gains, with SK Hynix and SanDisk up 51% and Kioxia climbing 76% quarter-over-quarter. Nvidia AI processors grew 18%, while Broadcom forecast a 33% increase. Kioxia and SanDisk both rose to 8th and 9th positions globally, with revenues exceeding fourfold increases year-over-

According to ChainCatcher citing a New York Times interview, Bill Gates recently warned that artificial intelligence poses serious threats to employment and human life, and addressing these risks should become "the world's top priority." Gates released a roughly 6,000-word essay on his personal website outlining his AI concerns and proposing solutions including taxation and bans. He stated that recent AI progress has exceeded expectations and the industry has ignored previously promised safety m

According to PANews, on August 27, Doppler Finance announced the launch of its native XDP token with a total supply of 10 billion. The token enables protocol participation, governance voting, and access to future insurance pools. Token allocation includes 43% for ecosystem incentives, 20% for team and contributors, 10% each for investors and strategic partners, and 1% for genesis airdrop with full unlock at token generation event (TGE). The official contract address will be announced through Dop

According to BlockBeats, Michael Burry disclosed his latest holdings on August 27, with short stock positions now exceeding 21% of his portfolio. Burry purchased Nvidia (NVDA) call options as a hedge while increasing short positions in Nvidia, along with adding to short bets in Oracle (ORCL), Palantir (PLTR), Nebius (NBIS), and Caterpillar (CAT). Burry noted that put option positions remain difficult to quantify due to their out-of-the-money status and distant expiration dates.

According to Jin10, China's Huizhou Maritime Bureau issued a navigation warning on August 27, prohibiting vessels from entering part of the South China Sea during live-fire drills scheduled for 12:00–17:00 local time. The warning was issued by the China Maritime Safety Administration.

According to Yonhapinfomax, SK Innovation announced on August 25 the merger of its subsidiary SK IE Technology (SKIET), which manufactures separator films for EV batteries, citing persistent market weakness and competitive pressures from Chinese rivals. SKIET recorded consecutive annual losses of 291 billion won (2024) and 246 billion won (2025), with first-half 2026 losses reaching 137 billion won. Separately, SK is negotiating to sell charging equipment manufacturer SK Signet for 75-200 billio

According to Business Insider, the U.S. Treasury announced on Aug 26 that it plans to double long-term bond purchases to $4 billion, part of efforts to lower rising Treasury yields driven by inflation concerns. Treasury Secretary Scott Bessent also indicated the department is considering utilizing approximately $1 trillion from its General Account (TGA) to further expand bond purchases and stabilize the bond market. Wall Street investors have criticized the intervention, arguing the measures add

According to Yonhapinfomax, Hyundai Motor on Aug 26 renamed its shareholder return indicator from TSR (Total Shareholder Return) to TPR (Total Payout Ratio) at its annual investor day, while maintaining its 35%+ payout target through 2027. The change addresses confusion with the global financial market's standard TSR definition, which measures total investor returns through stock price appreciation and dividends. Hyundai's redefined metric—now called TPR—encompasses dividends, share buybacks, an

According to Yonhapinfomax, Hyundai Motor on August 26 renamed its shareholder return metric from TSR (Total Shareholder Return) to TPR (Total Payout Ratio) at its annual investor day. The 2025–2027 shareholder return target remains unchanged at 35% or above. The renaming addresses a terminology mismatch, as Hyundai's definition of TSR differed from global financial markets' standard usage. TPR, which combines dividends and share buybacks against net income, better aligns with international prac

According to Beating, Nvidia CEO Jensen Huang recently addressed criticism about the company's expanded funding support for AI startups, stating that the risks are low and such investments represent a once-in-a-generation opportunity. Huang noted that frontier AI labs require billions of dollars to launch and hundreds of billions to achieve profitability, emphasizing the massive capital needs inherent in AI development and deployment. Nvidia has committed $105 billion to support a large computin