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KOSPI Falls 0.81% on Foreign Selling Despite Semiconductor Stocks Gains

The KOSPI closed down 0.81% at 5,018.85 on the 9th, ending volatile trading just above the 5,000 level. The decline was driven by foreign investor selling, with net outflows of 864.7 billion won as of 3:30 PM marking the seventh consecutive trading day of foreign selling since the 30th of last
GateMacroTradfiHub·12m ago
KOSPI Falls 0.81% on Foreign Selling Despite Semiconductor Stocks Gains

South Korean Lawmakers Clash Over Family Business Succession Tax Reform

South Korean lawmakers engaged in fierce debate on the 9th over the government's proposed family business succession tax deduction reforms. At a parliamentary budget committee hearing on the 2026 tax reform bill, Democratic Party lawmaker Oh Ki-hyung, serving as the ruling party secretary for the
GateMacroTradfiHub·13m ago
South Korean Lawmakers Clash Over Family Business Succession Tax Reform

Alibaba Cloud Model Studio Lists Qwen3.8 Max for OpenCode Use

Alibaba Cloud Model Studio’s OpenCode guide lists Qwen3.8 Max as a selectable model. The documentation explains how to connect OpenCode using a billing-plan provider and API key, then choose a model through /models. ## Alibaba Cloud Model Studio Connects OpenCode Through Billing Plans To connect
GateGlobalTech·16m ago
Alibaba Cloud Model Studio Lists Qwen3.8 Max for OpenCode Use

Innodisk Q3 EPS Hits 93.09 TWD, AI Revenue Exceeds 40% of Total

Innodisk (stock code 5289) released its third-quarter financial results, reporting net profit of 90.47 billion TWD, down 12.74% quarter-over-quarter but up 13.07-fold year-over-year, with earnings per share of 93.09 TWD marking the second-highest record in company history. The company's dual-track o
GateMacroTradfiHub·27m ago
Innodisk Q3 EPS Hits 93.09 TWD, AI Revenue Exceeds 40% of Total

Hung Chih Q3 EPS Hits 1.42 TWD, 2027 Revenue Growth Seen Above 20%

Connector manufacturer Hung Chih (stock code 3605) reported third-quarter earnings slightly below analyst expectations, with earnings per share of 1.42 TWD, as ASIC AI server platform transitions affected results. The company's AI-related revenue ratio rose to 26% in Q3 from 20% in the previous quar
BE+3.38%
GateMacroTradfiHub·33m ago
Hung Chih Q3 EPS Hits 1.42 TWD, 2027 Revenue Growth Seen Above 20%

Berkshire Hathaway Q3 Buyback Hits $9.6B Record, Slows in October

Berkshire Hathaway, led by Honorary Chairman Warren Buffett and CEO Greg Abel, repurchased $9.6 billion in shares during Q3 (July-September), setting a single-quarter record that surpassed the previous high of $9 billion in Q4 2020 and more than doubled the $4.5 billion bought back in Q2. This
GateMacroTradfiHub·40m ago
Berkshire Hathaway Q3 Buyback Hits $9.6B Record, Slows in October

SMIC Guides 2%–4% Revenue Growth and 26%–28% Gross Margin

SMIC said in its August earnings briefing that third-quarter shipments would continue to grow while prices remained stable. The company guided for 2%–4% quarter-on-quarter revenue growth and a 26%–28% gross margin. The guidance came as global wafer-fabrication capacity utilization remained high and
SMIC+0.92%
GateGlobalTech·53m ago
SMIC Guides 2%–4% Revenue Growth and 26%–28% Gross Margin