Gate Insights and Crypto Market Analysis

WTI crude oil prices rebounded over 4% on the 29th following reports of an Iranian attack on a US military base in Jordan. September delivery West Texas Intermediate (WTI) crude traded at 83.52 USD, up 4.11% from the previous session, as of 7:52 AM. The price surge reversed a three-day decline

SK Hynix completed long-term supply agreement (LTA) negotiations with approximately 10 customers including core clients, securing memory demand on a multi-year basis, the company disclosed during its May 29 earnings conference call. The South Korean chipmaker is shifting memory transactions from

Seo Eun-jong, Head of Global Markets at BNP Paribas Seoul Branch, stated on the 29th that foreign investor interest in the Korean won and won-denominated assets has reached its highest level since he began trading in 2002. In an interview, Seo assessed the government's won internationalization

Morgan Stanley, previously known as the 'semiconductor grim reaper' for repeated pessimistic forecasts on Korean semiconductors, has issued an optimistic outlook on the artificial intelligence industry. According to Morgan Stanley Research, AI infrastructure-related stocks including semiconductor

BNK Financial Group, iM Financial Group, and JB Financial Group reported a combined first-half net profit of 1.0931 trillion won, marking a 5.4% decline compared to the same period last year, according to financial sector data released on the 29th. The downturn stems from surging corporate loan

German luxury automaker Audi unveiled its full-size Q9 SUV on Tuesday, marking the brand's first vehicle with this designation and the latest addition to a product push targeting the American market. The three-row Q9 and high-performance SQ9 variant will serve as Audi's flagship U.S. models, with pr

Seagate Technology reported fiscal fourth-quarter 2026 results on 2026-07-28 that exceeded Wall Street expectations. Revenue climbed 48% year over year to $3.63 billion against estimates near $3.5 billion, while non-GAAP earnings per share of $5.71 beat the $5.10 consensus. CEO Dave Mosley

KOSPI rebounded on the morning of July 29, recovering from the previous day's 'Black Tuesday' decline. The index opened 1.09% higher at 6089.11 and touched 6228.52 at 9:13 AM, marking a 3.4% gain, before paring gains to 1.4% by 9:26 AM. Institutional investors drove the recovery with net purchases e

134 bank leaders urged U.S. Senate lawmakers to strengthen stablecoin interest and yield restrictions in the CLARITY Act. The group sent a letter to Senate Majority Leader John Thune (R-SD) and Minority Leader Charles Schumer (D-NY) requesting revisions to Section 10404, which establishes restrictio

The USD-KRW exchange rate posted its steepest monthly decline in 44 months through the previous day, falling 5.61% this month, according to the Bank of Korea Economic Statistics System on July 29. The rate dropped from 1,549.40 won at the end of last month to 1,462.50 won, driven by improved

Shinhan Asset Management completed the selection of general partner (GP) firms for its 2026 Science and Technology Innovation Fund sub-funds on the previous day. The asset manager selected six GPs across artificial intelligence, advanced robotics, biotechnology, aerospace, and quantum computing

Saudi Prince Alwaleed bin Talal acquired approximately 5% of US electric vehicle maker Lucid Motors, according to an SEC filing disclosed on the 29th (local time). The prince's investment firm purchased about 19.5 million shares, valued at approximately $126.8 million (approximately ₩184.7

South Korean financial authorities held a meeting with five major banks on day 28 to discuss exempting balance-payment mortgage loans from household loan quota restrictions for buyers whose contracts were finalized before the new regulations took effect. The move follows complaints raised at a

Seoul bond markets will track semiconductor stocks and Bank of Korea Governor Shin Hyun-song's remarks on July 29. Shin testifies at the National Assembly Finance and Economy Committee starting around 10am. Market participants will focus on his assessment of Q2 real Gross Domestic Income (GDI)

Samsung Electronics and SK Hynix attempted a limited rebound on day 29 after dropping 13% and 14% respectively the previous day. The two semiconductor stocks rose approximately 4% and 2% in the securities market, though the gains did not match the previous day's decline magnitude. Securities

Enchem, a battery materials company, completed the sale of its 11th and 13th series convertible bonds on the 24th, receiving 97,767 shares of unlisted company Wisdom instead of cash as payment. The transaction, valued at approximately 7.8 billion won based on conversion price, concluded nearly six m

ASMPT (stock code 00522) announced H1 results ending June 30, reporting profit attributable to shareholders of HK$589 million, up 174% year-over-year, with basic earnings per share of HK$1.41 and an interim dividend of HK$0.97. Revenue reached HK$8.903 billion, up 42.46% YoY. The surge was driven

Ten European financial institutions launched Regulated Layer One (RL1), a blockchain cooperative for regulated financial markets and tokenized assets, on Tuesday. The cooperative was established as a European Cooperative Society in Luxembourg with founding members including ABN AMRO, Cecabank,

Thailand's Securities and Exchange Commission filed a criminal complaint against Bitkub Online Co. Ltd. and two former directors, Sakolkorn Sakavee and Thaweesap Rawan, alleging the cryptocurrency exchange submitted false financial reports following a May 2021 cyberattack that resulted in the

Shinhan Asset Management has not launched new exchange-traded funds for nearly two months, with its most recent product 'SOL Aerospace Value Chain' listed on June 16. The company confirmed no new ETF listings are scheduled for this month, while