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Today · 2026-08-05 · Wed

Moody: South Korea could slow down in the second quarter

IN A REPORT, MOODY ' S ANALYSIS INDICATED THAT THE REPUBLIC OF KOREA ' S ECONOMIC GROWTH RATE IN THE SECOND QUARTER COULD SLOW FROM 1.8 PER CENT TO 0.9 PER CENT IN THE FIRST QUARTER. AS A RESULT OF THE BOOM IN THE SEMICONDUCTOR INDUSTRY DRIVEN BY ARTIFICIAL INTELLIGENCE, EXPORTS (ESPECIALLY SEMICONDUCTOR EXPORTS) WILL AGAIN TAKE ON THE MAIN TASK. DOMESTIC DEMAND IS EXPECTED TO REMAIN WEAK AND CONSUMPTION HAS IMPROVED ONLY SLIGHTLY. HIGH ENERGY COSTS HAVE EXACERBATED INFLATIONARY PRESSURES, WHILE MEASURES TAKEN BY GOVERNMENTS HAVE ONLY PARTIALLY EASED. THE REPUBLIC OF KOREA'S SECOND QUARTER GDP OPENING WILL BE ANNOUNCED ON THURSDAY。

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Kyoto: Lowering the Korean General Index pessimism target to 6,000 points due to low investor sentiment Fancy

On 20 July, Morgan Stanley lowered the Korean Grossing Price Index (KOSPI) pessimistic scenario from 6,500 points to 6,000 points, claiming that the sharp increase in the index earlier this year had left many investors in a state of panic and highs. In his research, the analyst wrote: “The leverage exchange trading fund (ETF) has pushed the Korean composite index and chip plate to a continuing high and the market has shown that the trade is tired.” The Republic of Korea consolidated index benchmark target of 9,000 points was maintained in the city, while the index was adjusted downwards from 3 to 6 months to 6,000 to 9000 points. In terms of industry configuration, the Bank has increased the level of its communication services to a high level; the bank blocks have been given top priority, followed by information technology, industrial manufacturing and health care. Within the industrial plate, F-FDTL workers are the first choice, followed by shipyards, power generation/nuclear power, overseas engineering and contracting. " From a medium-to-long-term market perspective, market-side staggered proliferation is a trend; however, in the short term, it will not be possible to reverse the trend significantly, unless the reforms lead to a valuation revaluing or a strong rise in industrial manufactures alone.”

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Faba: Federal Reserve interest rate increase expected to restart to 4.0 per cent in December or one step

On 20 July, BNP Paribas maintained a neutral view of the global stock market, suggesting that investors should strengthen the multidimensional configuration. In the face of persistent US inflation and a slowdown in economic dynamism, the Agency adjusted its earlier expectation that the Fed would keep interest rates constant this year to expect a one-time to 4.0% increase in December. The Bank synchronized the upgrading of the Japanese stock market to “enrichment”, moving the stock markets of Europe, South Asia and South-East Asia to “neutral”, and stressed the importance of decentralization in response to market fluctuations in the second half of the year。

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Morgan Stanley down to 6,000 for Kospi pessimism

According to early release In A, Morgan Stanley reduced the Kospi pessimism scenario target from 6,500 points to 6,000 points, maintained the benchmark target of 9,000 points and adjusted the fluctuations between three and six months to 6,000-9,000 points. The Bank increased the number of communication services to a high level, with banks, information technology, industrial manufacturing and health-care units being the preferred。

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BNP Paribas adjusted the Fed interest rate increase to an expected 4.0 per cent

BNP Paribas wealth management adjusted the expected interest rate increase to 4.0 per cent in December. The Bank maintains a neutral view of the global stock market and recommends that investors strengthen the multidimensional layout. At the same time, BNP Paribas wealth management has raised the Japanese stock market rating to a higher to a higher level, as well as the European, South Asian and South-East Asian stock market rating to a more neutral level。

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THE JAPAN LARGE LOGISTICS ENTERPRISE, AZ-COM MARU AND HOLDINGS, PLANS TO USE JPYC TO MAKE PAYMENTS TO CO-WORKERS AND TRUCK DRIVERS

ON 20 JULY, ACCORDING TO THE JAPANESE ECONOMIC NEWS, A LARGE LOGISTICS COMPANY, AZ-COM MARU, AND A HOLDING STOCK SOCIETY, PLANS TO USE JPYC TO PAY COOPERATIVE BUSINESSES AND TRUCK DRIVERS IN JAPANESE YEN STABILIZATION CURRENCY. THIS WAS THE FIRST TIME THAT JPYC STABILIZATION CURRENCY HAD BEEN USED FOR LARGE-SCALE BUSINESS LANDINGS. IT IS WORTH MENTIONING THAT THE AMAZON JAPANESE STATION IS ONE OF THE CORE CLIENTS OF MARU AND HOLDINGS。

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Japanese inflation is announced Friday, and the dollar/Japanese yen may continue trading this week near the height of the year

ON 20 JULY, THREE MEMBERS OF THE GLOBAL ECONOMIC AND MARKET RESEARCH BRANCH OF THE AUSTRALIAN FEDERAL BANK (CBA) NOTED IN A STUDY THAT THE UNITED STATES DOLLAR/JAPANESE YEN COULD CONTINUE TO BE AROUND THE HEIGHT OF 162.84 THIS WEEK. JAPAN WILL PUBLISH INFLATION DATA THIS FRIDAY, AND MARKET ATTENTION WILL FOCUS ON THAT DATA. IF THE CORE INFLATION RATE IS WEAKER THAN EXPECTED, IT MAY AFFECT THE MARKET’S EXPECTATIONS OF THE NEXT INTEREST RATE HIKE FOR THE JCB, WHICH COULD LEAD TO A RISE IN THE US DOLLAR/JAPANESE YEN TO A HIGH RESISTANCE POINT DURING THE YEAR. KIM XIAN

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MINISTRY OF INDUSTRY AND COMMUNICATIONS: ACCESS TO AI TECHNOLOGY FOR MANUFACTURING ENTERPRISES ABOVE 30 PER CENT IN THE FIRST HALF OF THE YEAR

On 20 July, the Press Office of the State Council held a press conference on developments in industry and information in the first half of 2026. Wang Wei Ming, Chief Engineer, Ministry of Industry and Informatics, stated that in the first half of the year, the innovation capacity in industry and informatization was growing, and the expansion of artificial intelligence + was deepening, that the use of artificial intelligence technology in manufacturing enterprises of more than 30 per cent had been extended, and that the cumulative global downloads of large artificial intelligence open-source models had exceeded 10 billion times. (Security Times)

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The White Paper on Ten Principles of the Rule of Law for the Health Development of Smart Services

On 20 July, the 2026 World Congress of Artificial Intelligence sub-forum, the Artificial Intelligence Rule of Law Forum, was held today. The theme, “The rule of law response to smart development”, was the focus of in-depth discussions among the panellists. The White Paper on the Ten Principles of the Rule of Law for the Health Development of Smart Services was launched on the spot. The White Paper sets out a three-dimensional governance logic: first, to cover the development, training, operation, and iterative processes of intelligent bodies, and to establish a closed-ring risk control mechanism for autonomous decision-making, cross-domain interactions; second, to safeguard the digital rights of users, with a focus on vulnerable groups such as the elderly and minors, through the rules of service identification, layering of consent, minimum authority, and credible output; and, third, to clarify industrial responsibilities, to promote the interconnectivity of intelligent bodies, to adhere to the “end-of-the-human-responsibility” line and to prevent enterprises from evading their responsibilities by using smart autonomy。

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ALL OVER THE UNITED STATES AND ACROSS THE COUNTRY, PROTEST AGAINST THE DISORDERLY EXPANSION OF THE AI DATA CENTRE

On 20 July, according to Reuters, at least 125 sites across the United States, led by civil society organization Humans First, held a simultaneous protest on Saturdays of local time against the uncontrolled expansion of the AID data centre and its violation of the livelihood rights and interests of the population. The protests focused on the chain problems caused by the construction of the information centre. Despite a strong backlash by the population, some local officials have entered into confidential agreements with developers and have been released for the project without public supervision, resulting in soaring community electricity costs, diversion of water resources and deterioration of the environment. According to the Reuters poll last month, only 33 per cent of respondents felt that the overall benefits of the rapid construction of the resource centre outweighed the disadvantages, and only 14 per cent supported the construction of the centre in their own communities. The organization makes four core demands: ensuring that development processes are open and transparent, protecting local resources and the environment, sharing development dividends such as high-paying trade union positions with communities, and putting in place strict accountability mechanisms to prevent developers from making promises to skip tickets。

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Mitsubishi yen: the rebound in oil prices could put pressure on Asian currencies

In a study, the Mitsubishi Union monetary analyst indicated that the rebound in oil prices could put pressure on Asian currencies. Oil prices rebounded at a time of rising geopolitical risk premiums and declining oil rotations in the Strait of Hormuz. Asian currencies such as Thai baht and Indian rupee have shown greater sensitivity to the rebound in oil prices, with the exchange rate falling by about 1 per cent against the United States dollar last week. For the Thai baht, downside risk continues to dominate, especially at a time when Thailand ' s balance of payments situation has deteriorated。

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The group rebounded in the chip storage unit, with the co-generation data rising by over 12 per cent and the large-scale micro-up by 6 per cent

ON 20 JULY, LAST FRIDAY, THE COLLECTIVE POOL OF CHIP STOCKS, WHICH RETURNED TO COLLECTIVE CALLS LAST FRIDAY, REBOUNDED THIS MORNING. AMONG THEM, THE CO-GENERATION DATA ROSE BY MORE THAN 12 PER CENT, THE SILICA BY MORE THAN 11 PER CENT, THE SANFU 10CM STOCK BY MORE THAN 8 PER CENT, THE KOSHANG SHARES BY MORE THAN 7 PER CENT, THE PULAU SHARES, THE POWER SOURCE INFORMATION, THE TE PHEN SCIENCE AND TECHNOLOGY BY 7 PER CENT, THE RAINBOW MACROPOWER, THE CRYSTALS, THE GREAT PLU-UW, THE SAGAWA SCIENCE AND TECHNOLOGY BY 6 PER CENT, THE SICHUAN SCIENCE AND TECHNOLOGY, THE DEEP SOUTH CIRCUIT, THE COMMERCIAL ELECTRONICS, THE SCANDING SHARES BY 5 PER CENT, THE NORTH HUAI GANG, THE RICH MICRO, THE MIDDLE CRICKS INTERNATIONAL, THE STATE COVE, THE BOJE SHARES, THE YACHENG ELECTRONICS, THE NEW MATERIALS AND THE TON-FOO. IN INDUSTRY NEWS, PRESIDENT CHOI TAE-JIN OF THE SK GROUP RECENTLY STATED AT A MEDIA SYMPOSIUM AT THE JEJU FORUM THAT GLOBAL SEMICONDUCTOR DEMAND IS EXPECTED TO INCREASE BY AS MUCH AS 60-100% OVER THE CURRENT YEAR, WITH DEMAND FOR THE AI SECTOR AS A WHOLE INCREASING BY AT LEAST 50-60%. HOWEVER, CHOI TAE-JIN WARNED THAT THE NEW SUPPLY TO THE MARKET NEXT YEAR WOULD BE “ALMOST ZERO”, THAT THE SUPPLY AND DEMAND GAP WAS THREATENING TO WIDEN FURTHER AND THAT THE CURRENT SITUATION WITH REGARD TO THE SUPPLY AND DEMAND OF GLOBAL STOCKS OF CHIPS WOULD BE DESCRIBED AS NEAR “DISTURBED”. ON THE BASIS OF THE INFORMATION RECEIVED FROM THE STOCK EXCHANGE, THE SYNDICATE SUNDAY ANNOUNCEMENT STATED THAT THE NET PROFITS EXPECTED TO BE ATTRIBUTED TO SHAREHOLDERS IN LISTED COMPANIES IN THE SEMI-ANNUAL PERIOD 2026 WERE $1.500 BILLION-1900 BILLION, AN INCREASE OF 247.18 PER CENT-339/76 PER CENT OVER THE SAME PERIOD. ON THE BASIS OF Q1 NET PROFITS OF $750.4 MILLION, THE COMPANY ' S NET PROFITS OF Q2 ARE PROJECTED AT $749.6 MILLION - $1,149.6 MILLION, AND THE NET PROFITS OF Q2 ARE PROJECTED TO VARY BY 0-53 PER CENT。

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