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Condensate Oil Refinery to Export Up to 70% of Fuel to Russia
79% of Bond Market Participants Expect the Base Rate to Remain Unchanged at the Monetary Policy Committee on the 27th
79% of bond market participants expect the base rate to remain unchanged at the Bank of Korea's Monetary Policy Committee on the 27th. This is a shift from the 66% who anticipated a rate hike in the July survey.
NVIDIA AI Module Found in Russian Missile Debris
An NVIDIA ($NVDA) commercial AI computer module has been identified in the debris of a Russian cruise missile. This raises concerns about the pathways for civilian semiconductor components entering the battlefield and the limitations of export control enforcement against Russia.
Shell Considers Sale of $8 Billion U.S. Chemical Assets
Shell's U.S. chemical business has emerged as a potential acquisition target valued at up to $8 billion, attracting interest from ExxonMobil, LyondellBasell, and Apollo.
KFTC Issues Guidelines to Curb Excessive Investment of Prepaid Funds in High-Risk Assets
The Korea Fair Trade Commission (KFTC) is preparing guidelines to curb excessive investment of prepaid funds in high-risk assets such as virtual currencies by prepaid installment transaction businesses. On the 24th, the KFTC announced that it would issue an administrative notice regarding the revise...
U.S. Imposes 50% Tariff on $20 Billion Canadian Goods, Canada Promises Retaliation
On the 22nd, the U.S. imposed a 50% tariff on approximately $20 billion (about 27.7 trillion won) worth of Canadian goods, and Canada announced it would respond with a similar retaliatory tariff starting September 8. The breakdown of negotiations...
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