General Motors (GM.US) exits battery manufacturing, Samsung SDI takes full ownership of US joint venture factory

SK hynix is exploring the feasibility of producing memory chips in Japan through a joint venture, as one of several options to meet surging demand for artificial intelligence while keeping production costs under control. SK Group Chairman Chey Tae-won stated during a meeting of Korean and Japanese chamber of commerce members in Sendai that SK hynix is considering multiple locations to build a jointly operated plant. In an interview, Chey said, "We are looking at various sites across Japan. As l

National Bureau of Statistics: Price indices both rebounded in August. Driven by recent increases in crude oil and non-ferrous metal prices, the purchase price index and ex-factory price index for major raw materials in the manufacturing sector rose to 56.6% and 50.4% respectively, up by 3.4 and 2.6 percentage points from the previous month. The ex-factory price index has returned to the expansion range. By industry, both price indices for the non-ferrous metal smelting and rolling-processing i

White Line Weekly Preview｜Nonfarm payrolls, AI earnings reports, and global policy signals jointly test market expectations

Spot gold has just surpassed the $4,440.00 per ounce mark, now quoted at $4,439.82 per ounce, down 0.32% on the day; COMEX gold futures main contract is now at $4,489.50 per ounce, down 0.89% on the day.