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Sources said South Korean shipbuilder Hanwha Ocean sold about $2 billion of USD/KRW forward contracts on Friday. Hanwha Ocean did not immediately comment.

2026-07-10

Sources said South Korean shipbuilder Hanwha Ocean sold about $2 billion of USD/KRW forward contracts on Friday. Hanwha Ocean did not immediately comment.

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2026-07-10

The White House said Trump directed the commerce secretary and the U.S. Trade Representative to negotiate with trading partners to address issues that threaten U.S. national security.

The White House said Trump directed the commerce secretary and the U.S. Trade Representative to negotiate with trading partners to address issues that threaten U.S. national security.
2026-07-09

The State Council issued the 15th Five-Year Carbon Peak Action Plan, directing measures to boost the power system’s ability to absorb and manage renewable generation. It calls for faster build-out of interprovincial and interregional transmission, ac

The State Council issued the 15th Five-Year Carbon Peak Action Plan, directing measures to boost the power system’s ability to absorb and manage renewable generation. It calls for faster build-out of interprovincial and interregional transmission, accelerating UHV outbound corridors to add more than 80 GW of west‑to‑east transfer capacity and advancing province-to-province power mutual‑aid projects. The plan supports local consumption of renewables via green‑power direct links, nearby incremental distribution access and green direct‑supply models, and promotes generation‑grid‑load‑storage integration. It orders enlargement of system flexibility resources — accelerate pumped storage construction, scale up new‑type storage with emphasis on long‑duration storage — and mobilize demand‑side flexibility through virtual power plants and participation of adjustable loads and distributed distributed resources in system regulation.
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