Gate Insights and Crypto Market Analysis

Dong-A Socio Holdings is absorbing its 100% subsidiary Dong-A Pharmaceutical to become an operating holding company, expanding the group's investment capacity according to analysis by NICE Credit Rating published on the 24th. The merger was disclosed on the 23rd and follows small-scale merger

Japan's Ocean Research and Development Agency (JAMSTEC) announced that seabed mud extracted near Minamitorishima Island contains medium-heavy rare earths essential for high-tech manufacturing. The drilling ship 'Chikyu' retrieved approximately 50 tons of mud from 6,000 meters depth in the island's e

Verizon Communications Inc. and Charter Communications Inc. are set to report Q2 earnings results on Friday. Verizon is expected to post about a 2% increase in Q2 revenue to $35.11 billion and a 4% increase in earnings per share to $1.27, according to Fiscal.ai data. Charter is expected to post a 2%

Global AI workspace company Zenspark unveiled AI Workspace 6.0 on the 24th, introducing a persistent memory layer called SecondBrain that remembers user work context from emails, documents, and meetings for subsequent tasks. The system integrates information scattered across work tools including

Blackstone, the world's largest alternative asset manager, announced on the 24th that its assets under management (AUM) surpassed $1.35 trillion in Q2, marking an all-time high. The figure represents an 11% increase compared to the same period last year, driven by the firm's strategic focus on

Seoul High Court ruled on July 24 that SK Group Chairman Choi Tae-won must pay 944 billion won in asset division to Roh So-young, director of Art Center Nabi, in their divorce retrial case. The court announced the decision at 2:06 PM, setting the asset division ratio at

Hana Financial Group reported a net profit of KRW 1.1928 trillion for the second quarter of 2024, announced on July 24. The result represents a 1.66% increase compared to the same period last year (KRW 1.1733 trillion), driven by solid interest income centered on corporate lending and non-interest i

Kia announced Q2 financial results showing operating profit of 2.6285 trillion won, down 4.9% year-over-year. Revenue surged 12.6% to 33.037 trillion won as the automaker achieved record quarterly sales of 851,639 units. The profit decline stemmed from aggressive pricing and incentive policies

OKX exchange app became unsearchable and uninstallable on South Korea's Google Play Store as of January 24 at 10:49 AM, according to Digital Asset verification. The restriction follows South Korea's Financial Intelligence Unit (FIU) designation of unregistered overseas virtual asset service

Sui network has introduced a sponsored transaction model enabling gas-free stablecoin transfers, allowing users to move supported stablecoins without holding native SUI tokens for transaction fees. The feature addresses a core user experience problem in crypto payments where users must acquire nativ

Singapore's sovereign wealth fund GIC stated that Chinese AI models DeepSeek and Kimi are driving down global AI application costs and intensifying model competition. GIC Group CIO Bryan Yeo told the Financial Times that the performance gap between Chinese open-weight models and US closed-source

Hong Kong stocks fell in morning trading after US markets declined significantly Thursday, with the Hang Seng Index dropping 318 points to 24,891, surrendering the 25,000 level. US stocks faced sharp losses with the Dow falling 506 points or 0.97% to 51,711, the S&P declining 90 points or 1.21% to 7

Advanced Micro Devices, Inc. stock rose 1% to $544.98 in the overnight session ahead of Friday as its Advancing AI conference wrapped up on Thursday, with analysts turning more optimistic after product announcements and the company's bullish outlook for the CPU and AI markets. CEO Lisa Su unveiled t

Hyundai Rotem reported Q2 operating profit of 232.4 billion won, falling 19.6% short of market consensus of 289.1 billion won, according to a disclosure on the 24th. The company's Q2 revenue reached 1.606 trillion won, up 13.3% year-over-year, driven by continuous production of defense export

Korea Investment & Securities announced on the 24th its participation as an underwriter in Hyundai Commercial's 400 million yuan (approximately 87.5 billion won) public kimchi bond issuance. KB Securities served as lead underwriter with Korea Investment & Securities as co-underwriter, each taking

Align Partners Asset Management responded on the 24th to Macquarie Asset Management Group's defense of its tender offer price for Gabia stocks, stating that the core issue is not the price or Macquarie itself but rather the procedural fairness of Gabia's board of directors. Align issued the

Individual investors in South Korea accumulated record leveraged stock positions in Q2 2025, with total leverage reaching approximately 62 trillion won, but July market volatility triggered a wave of forced liquidations and a 5 trillion won decline in credit balances. The aftermath stems from

Hims & Hers Health, Inc. (HIMS) shares climbed 1% in overnight trading late Thursday after a divided FDA advisory panel recommended easing restrictions on four peptides—BPC-157, KPV, TB-500 and MOTS-C—potentially opening a new market for telehealth firms. The FDA's Pharmacy Compounding Advisory

J.P. Morgan upgraded BOC Hong Kong (stock code 02388) to 'Overweight' from 'Neutral' and raised its target price 23% to HK$53.3 from HK$43.3. The upgrade follows the stock's 29% year-to-date outperformance against the Hang Seng Index, with J.P. Morgan projecting continued outperformance over the

Taiwan exported a record volume of drones to Saudi Arabia in June, with the Middle Eastern nation purchasing US$47.2 million (approximately 69.4 billion won) worth of Taiwanese-manufactured drones, according to statistics released by Taiwan's Ministry of Finance and reported by Taiwan's Central