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HSBC economists say AI is likelier to produce direct inflation in South Korea, where upstream hardware suppliers are concentrated. Bottlenecks in high‑tech components and logistics are pushing up producer prices in those upstream markets. HSBC expect

2026-07-20

HSBC economists say AI is likelier to produce direct inflation in South Korea, where upstream hardware suppliers are concentrated. Bottlenecks in high‑tech components and logistics are pushing up producer prices in those upstream markets. HSBC expects the Bank of Korea may need to tighten policy and forecasts one more rate hike by year‑end, with upside risk of further tightening into 2027 depending on how strongly AI-driven export growth transmits to domestic activity.

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2026-07-20

On July 20 Hengrui Medicine said its GLP‑1/GIP dual‑receptor agonist HRS9531 (KAI‑9531 outside Greater China) achieved positive top‑line results in the phase III HRS9531‑302 trial in treatment‑naive Chinese adults with type 2 diabetes; the primary en

On July 20 Hengrui Medicine said its GLP‑1/GIP dual‑receptor agonist HRS9531 (KAI‑9531 outside Greater China) achieved positive top‑line results in the phase III HRS9531‑302 trial in treatment‑naive Chinese adults with type 2 diabetes; the primary endpoint and all key secondary endpoints demonstrated superiority. Hengrui plans to submit a new drug application in China shortly for HRS9531 injection for glycaemic control in adult T2D patients. Kailera Therapeutics (U.S.) is advancing global clinical development of HRS9531 for obesity.
2026-07-20

WTI and Brent crude continued lower; WTI fell over 1% intraday to $81.50/bbl, Brent slipped 0.64% to $86.19/bbl.

WTI and Brent crude continued lower; WTI fell over 1% intraday to $81.50/bbl, Brent slipped 0.64% to $86.19/bbl.
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