Gate Cryptocurrency News and Market Analysis

Binggrae is projected to report third-quarter revenue of 482.7 billion won and operating profit of 64.3 billion won, representing year-over-year increases of 0.74% and 9.28% respectively, according to a consensus compiled by Yonhap Infomax from three domestic securities firms. The ice cream maker's

Taiwan's Ministry of Digital Affairs (MODA) Minister Lin Yi-ching confirmed on November 9 that SpaceX's Starlink satellite service has not responded to government emails and has shown no interest in entering Taiwan's market despite legislative amendments passed in August to facilitate its

London Metal Exchange (LME) 3-month base metal futures mostly gained on November 9, with copper rising 0.9% to $13,888 per ton, aluminum up 0.6% to $3,082 per ton, lead up 0.4% to $1,892 per ton, and zinc up 0.7% to $3,744 per ton, while tin fell 0.5% to $46,220 per ton and nickel declined 0.6% to $

Taiwan's Emerging Stock Market saw a major reshuffle in its top rankings on 09日, with Renxin (6696) claiming three 'king' titles while Bellvera (7861) and Liwei (5246) seized leadership in stock price and gains respectively. The reshuffling occurred as Taiwan's main index surged 4.94% to close

Taiwan Stock Exchange and OTC Exchange placed 9 stocks under trading restrictions on November 10, comprising 5 listed stocks and 4 OTC stocks, according to the latest announcements. The restrictions target stocks experiencing significant price volatility, with 5-day declines ranging from 13.55% to 2

LME 3-month base metals futures rose on November 9, with copper up 0.9% to $13,888 per ton, aluminum up 0.6% to $3,082 per ton, lead up 0.4% to $1,892 per ton, and zinc up 0.7% to $3,744 per ton, while tin fell 0.5% to $46,220 per ton and nickel declined 0.6% to $16,290 per ton. ING commodities

Three US stocks posted significant gains during the trading session, led by strategic announcements in nuclear energy, mRNA therapeutics, and AI infrastructure. Constellation Energy (CEG) closed at $274.6, up 9.86%, following a US Department of Energy conditional loan commitment of up to $5

European stock markets rose over 1% on the 9th as market confidence recovered, with the pan-European STOXX 600 index climbing 1.26% to close at 656.52 points. Banking stocks surged 3.1% following Credit Agricole's merger proposal for its Italian subsidiary and strong quarterly earnings from

Korea Investment & Securities analyst Kang Kyung-tae recommended HD Hyundai Heavy Industries as a top pick in the shipbuilding sector, citing the emergence of floating data centers (FDC) as an alternative to land-based facilities in the United States. In a recent report, Kang noted that permitting r

South Korea's retirement pension market faces intensifying debate over introducing the National Pension Service as a fund operator after assets surpassed 501 trillion won at the end of last year and reached 558.3 trillion won by June this year. The Ministry of Employment and Labor and Financial

US Treasury yields rose across all maturities on Nov 9 as investors digested stronger-than-expected October employment data and awaited the October Consumer Price Index (CPI) release. The 2-year yield climbed over 3 basis points to 4.561%, the 10-year rose over 1 basis point to 4.876%, and the 30-ye

Chicago Board of Trade (CBOT) agricultural futures declined across the board on November 9, with December corn futures closing down 0.5% at $4.3925 per bushel, December wheat falling 0.6% to $5.88 per bushel, and November soybeans dropping 0.5% to $11.8825 per bushel. Market participants

Taiwan's stock market experienced a significant rebound on 11/9, with the weighted index rising 1960.06 points to close at 41661.7 points, while Taiwan index futures gained 1826 points to 41478 points. The rally was largely driven by policy support, with TSCC (2330) contributing over 1200 index poin

Furukawa Electric announced on the 9th plans to expand copper foil production capacity in Taiwan and Japan, targeting to double supply capability by the end of FY2029. The expansion addresses surging demand for HVLP4 copper foil used in

Sharp Corporation, a subsidiary of Foxconn (2317), reported a 57.7% year-over-year plunge in net profit to 7.7 billion yen for Q2 2026 (July-September period), as component price surges and declining sales hammered earnings. The company attributed the profit collapse to soaring component costs

XWIN Japan, a contributor to crypto analytics platform CryptoQuant, warned on Nov. 9 that Bitcoin's rebound faces selling pressure as exchange inflows from whale investors rise and leverage remains elevated. The analysis followed Bitcoin's drop from above $75,600 to around $73,400 on Nov. 9 before r

Korean government bond futures declined in overnight trading as a sharp rally in US technology stocks fostered risk-on sentiment. The 3-year bond futures contract fell 6 ticks to 103.75, while the 10-year contract dropped 12 ticks to 109.27, according to the Seoul bond market. The selloff occurred d

Daesin Securities maintained its buy rating and price targets for Samsung Electronics and SK Hynix on the 10th. Analyst Ryu Hyung-geun stated that memory semiconductor risks are excessively reflected in current Korean stock prices, attributing the assessment to overreaction during periods of poor st

Oppenheimer upgraded AMD (NAS:AMD) to 'Outperform' from 'Perform' on local time November 9, setting a $600 price target. Analyst Rick Schafer cited AMD's optimistic earnings announcement and recent management discussions as the basis for raising estimates and the investment rating. AMD is