Spot gold has just broken through the $4,480.00/ounce mark, now quoted at $4,479.90/ounce, down 0.95% on the day; the main COMEX gold futures contract is now quoted at $4,536.30/ounce, down 0.20% on the day.

The governor of the Bank of Korea states that the Korean won has sufficient resilience and emphasizes that monetary policy can act independently from the Federal Reserve.

SK Hynix CEO Kwak Noh-jung stated that the global memory chip shortage is expected to continue until the end of 2030, and the risk of oversupply is very low because, in the AI era, memory chips are no longer “purely standardized commodities.” Despite market concerns about an AI investment bubble, he said he “does not see” signs of oversupply risk or a potential memory downturn cycle, as demand from AI clients remains strong. If “we pass the AI peak, or if there is another downturn cycle in the

Governor of the Bank of Korea Rhee Chang-yong: The Korean won is highly resilient and is well-prepared to cope with various shocks

According to Yonhap News Agency, US President Trump’s financial disclosure shows that he traded shares of the e-commerce giant Coupang Inc. twice in June through a funds manager. Meanwhile, tensions remain between the US and South Korea over South Korean regulatory handling of a large-scale data breach involving this US-listed e-commerce giant. In July, the US House Judiciary Committee released an interim staff report accusing the South Korean government of “discriminatory attacks” against Coup