News

According to South Korean media reports, SK Hynix received more than 17 trillion won in sales from Nvidia in the first half of this year, accounting for about 13% of the company's total sales.

The Ukrainian military stated that it hit the Ust-Luga complex in the Leningrad region of Russia.

Bank of America upgraded Lenovo's rating to "Buy" with a target price of HK$46.

The U.S. Energy Information Administration (EIA) projects that U.S. oil production will average 13.83 million barrels per day in August, compared with 13.82 million barrels per day in July; and will average 13.77 million barrels per day in September.

An Amazon subsidiary has reached an acquisition agreement with GlobalStar.

Poland's energy minister stated that the cost of reimposing fuel price measures would reach approximately 500 million zlotys within two weeks.

Marubeni plans to invest $12 billion over the three fiscal years ending March 2028, including capital expenditures. The CEO of Marubeni, backed by Berkshire Hathaway, expressed hope that the yen would remain strong.

Air Canada executives said the company plans to expand its leisure destinations in Europe, with fall and spring travel expected to make a significant contribution to the new routes.

Southbound capital saw a net outflow of HK$1.316 billion today. In the Shanghai-Hong Kong Stock Connect, Alibaba-W and Meituan-W saw net outflows of HK$879 million and HK$788 million respectively; Tencent Holdings saw the largest net inflow of HK$1.127 billion. In the Shenzhen-Hong Kong Stock Connect, Huahong Grace Semiconductor and Lenovo Group saw net outflows of HK$783 million and HK$293 million respectively; both saw the largest net inflow of HK$630 million.

Russia has stated that there is no reason to give Ukraine a "temporary respite" regarding the situation in the Black Sea.

Russia has stated that it cannot revive the 2022-23 Black Sea Initiative.

Russia has stated that it has not yet received a formal proposal from Türkiye regarding a ceasefire in the Black Sea and Ukraine.

According to Axios, Andy Baker, the White House's deputy national security advisor, will be leaving the government in the coming weeks.

The Eurozone's seasonally adjusted trade balance for June was €1.8 billion, compared to a previous reading of -€5 billion.

The final reading for seasonally adjusted employment in the Eurozone in the second quarter was 0.1% quarter-on-quarter, in line with expectations and unchanged from the previous reading of 0.10%.

The final reading for seasonally adjusted annualized employment in the Eurozone in the second quarter was 0.5%, below the expected 0.6% and the previous reading of 0.50%.

Eurozone second-quarter GDP annualized rate revised to 1%, in line with expectations and unchanged from the previous reading of 1.00%.

The Eurozone's second-quarter GDP growth rate was revised to 0.4%, in line with expectations and down from the previous reading of 0.40%.

The Eurozone's unadjusted trade balance for June was €8.6 billion, revised from -€7.8 billion to -€9 billion in the previous month.

The Russian Ministry of Defense stated that in the past week, 15 naval vessels serving the Ukrainian Armed Forces were attacked, including one oil tanker, seven bulk carriers, two tugboats, and five Ukrainian naval patrol boats.