Futures market liquidates $149 million USD in 12 hours

South Korea's exports continued robust growth in August, with artificial intelligence (AI) demand boosting chip shipments and the overall economy, likely supporting the Bank of Korea's hawkish stance after two consecutive rate hikes. According to data released by South Korea Customs on Tuesday, exports rose by 72.5% year-on-year in August after adjusting for working day differences, with imports up 22.5% and the trade surplus reaching 34.7 billions USD. Unadjusted exports grew by 68.7%, followi

Spot gold has just broken through the $4,460.00/oz mark, now trading at $4,460.10/oz, up 0.25% on the day; COMEX gold futures main contract is now at $4,509.30/oz, up 0.62% on the day.

According to the Wall Street Journal, the US Securities and Exchange Commission (SEC) has intensified its scrutiny of companies behind so-called special purpose vehicles (SPVs). Sources familiar with the matter revealed that SEC examiners have been requiring registered investment advisers to provide evidence that their SPVs do in fact own or hold the shares of private companies they claim. Some sources noted that ahead of SpaceX's high-profile initial public offering and Anthropic's planned lis

According to The Wall Street Journal, billionaire Joesley Batista, a shareholder of JBS, once lobbied Donald Trump to lower beef import tariffs in order to curb the rise in domestic beef prices in the United States.