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Yonhap reports Seoul Mayor Oh Se-hoon criticized the government for permitting leveraged derivatives that have driven extreme stock-market volatility and for President Lee’s ‘active debt relief’ proposal, urging prompt structural measures. He said th

2026-07-17

Yonhap reports Seoul Mayor Oh Se-hoon criticized the government for permitting leveraged derivatives that have driven extreme stock-market volatility and for President Lee’s ‘active debt relief’ proposal, urging prompt structural measures. He said the KOSPI has triggered temporary automated-trading restrictions 37 times so far this year, exceeding the 26 triggers recorded during the entire 2008 global financial crisis. Oh added the government approved single-stock leveraged products despite knowing their large risks and then stood by as retail investors’ assets evaporated, producing the current market turmoil.

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2026-07-17

According to CUSTOMS’ Guangdong office, Guangdong’s goods trade reached 5.49 trillion yuan in 1H2026, the first time above 5 trillion yuan for the period, up 20.8% YoY. The province accounted for 21.6% of China’s foreign trade; its trade expansion ad

According to CUSTOMS’ Guangdong office, Guangdong’s goods trade reached 5.49 trillion yuan in 1H2026, the first time above 5 trillion yuan for the period, up 20.8% YoY. The province accounted for 21.6% of China’s foreign trade; its trade expansion added 944.71 bln yuan and contributed 25.6% of national trade growth. Exports were 3.22 trillion yuan, +11.6%; imports were 2.27 trillion yuan, +36.8%. June trade exceeded 1 trillion yuan for the first time on record. Mechanical and electrical exports were 2.27 trillion yuan, +16%, representing over 70% of provincial exports and up 2.7ppt year‑on‑year. Integrated circuit exports were 266.7 yuan yuan, +61.4%; computers and parts 246.12 yuan yuan, +14.6%. High‑end manufacturing exports showed strength: drones +24.6%, high‑end machine tools +20.1%, industrial robots +16.8%. Low‑carbon product exports were notable: lithium batteries +42.7%, electric vehicles +35.3%.
2026-07-17

Xi Jinping announced major measures for China to support global artificial intelligence intelligence development, Xinhua reports.

Xi Jinping announced major measures for China to support global artificial intelligence intelligence development, Xinhua reports.
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