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Federal Reserve's Daly: Providing forward guidance at this time could be misleading.

2026-06-04

Federal Reserve's Daly: Providing forward guidance at this time could be misleading.

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2026-06-05

Bank of Korea data showed South Korea's current-account surplus was $28.3bn in April, down from March's record $37.9bn but still the second-highest monthly surplus on record. Exports rose about 55% YoY, leaving a goods trade of surplus $33.9bn (also

Bank of Korea data showed South Korea's current-account surplus was $28.3bn in April, down from March's record $37.9bn but still the second-highest monthly surplus on record. Exports rose about 55% YoY, leaving a goods trade of surplus $33.9bn (also the second-highest); semiconductors and IT products were the primary drivers, petroleum product exports also increased, and imports were up 16.1% YoY. The data underscore that Korea's trade sector remains a key beneficiary of the global AI investment surge, with chip exports continuing to offset geopolitical disruption to global commerce.
2026-06-05

Many A-share memory chip stocks opened lower, with Jiangbolong falling more than 5%, GigaDevice falling more than 4%, and Huahong Company and Demingli following suit.

Many A-share memory chip stocks opened lower, with Jiangbolong falling more than 5%, GigaDevice falling more than 4%, and Huahong Company and Demingli following suit.
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