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South Korean minister: We are discussing the energy sector, mainly involving US investment.
Market news: South Korea's Ministry of Finance will hold a market assessment meeting at 8:00 a.m. local time on Friday.
Statoil, the Norwegian state-owned oil company, has reached an agreement to sell crude oil to Orlen in Poland. The agreement covers the sale of crude oil to Orlen's refineries in Poland, Lithuania, and the Czech Republic. The agreement will begin in early September and last for three years, increasing the annual supply from 5 million tons to over 9 million tons.
[Wang Yi Holds Strategic Dialogue with South Korean National Security Advisor Wi Sung-rak] On August 20, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Foreign Affairs Commission, held a strategic dialogue with South Korean National Security Advisor Wi Sung-rak in Seoul. The two sides exchanged in-depth views on regional security issues. Wang Yi elaborated on China's principled position on regional and Korean Peninsula issues, pointing out that we should be vigilant against the words and deeds of Japanese right-wing forces that attempt to reverse the course of history, and that we will never allow Japanese militarism to resurface. The fundamental way to resolve the tensions on the Korean Peninsula lies in eliminating the root causes of the problem and urging the United States to abandon its hostile policy towards North Korea. He hoped that all parties would do more to restart dialogue and restore mutual trust, and welcomed the prospect of the Korean Peninsula moving towards peaceful coexistence between North and South Korea, ultimately achieving a peace mechanism and lasting stability on the peninsula.
The Hang Seng Index (HSI) closed up 203.42 points, or 0.8%, at 25,698.49 on Thursday, August 20th. The Hang Seng Tech Index closed up 18.48 points, or 0.39%, at 4,700.53 on Thursday, August 20th. The Hang Seng China Enterprises Index (HSCEI) closed up 76.63 points, or 0.9%, at 8,547.84 on Thursday, August 20th. The Hang Seng Red Chip Index (HSC) closed up 57.66 points, or 1.39%, at 4,210.87 on Thursday, August 20th.
The Central Bank of Greece reported that tourism revenue in Greece rose to €3.476 billion in June from €3.435 billion in the same period of 2025.

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