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BlackRock said the transaction is expected to close within the next few days; the associated production capacity is expected to come online in 2028.

2026-07-28

BlackRock said the transaction is expected to close within the next few days; the associated production capacity is expected to come online in 2028.

Other News
2026-07-28

UBS said Microsoft's recent share pullback has already priced in some risk ahead of the fiscal fourth-quarter print, leaving downside relatively limited. The bank retains a Buy rating but trims its PT to $480 from $510, citing the risk Microsoft may

UBS said Microsoft's recent share pullback has already priced in some risk ahead of the fiscal fourth-quarter print, leaving downside relatively limited. The bank retains a Buy rating but trims its PT to $480 from $510, citing the risk Microsoft may raise its capex outlook while merely maintaining — not upping — Azure growth guidance. UBS warned that higher spending coupled with limited revenue growth would be poorly received by markets. The note also flagged Microsoft’s exposure to OpenAI, substitution risk from open‑source models, and renewed scrutiny of its core productivity software business. UBS said it maintains Buy but will take a more balanced view of this report.
2026-07-28

Bank of Korea data released Tuesday showed banks' new-loan average rate rose 12 bps month-on-month to 4.31% in June as market rates climbed. Corporate lending costs increased 14 bps to 4.27%; new household loan rates rose 4 bps to 4.50%. Household ho

Bank of Korea data released Tuesday showed banks' new-loan average rate rose 12 bps month-on-month to 4.31% in June as market rates climbed. Corporate lending costs increased 14 bps to 4.27%; new household loan rates rose 4 bps to 4.50%. Household housing mortgage rates averaged 4.36% in June, up 4 bps and the highest since November 2023. Non-mortgage household loan rates jumped 23 bps to 5.72%. The Bank of Korea said retail lending rates have been rising in recent months amid higher market rates; the central bank delivered its first rate increase in 3.5 years earlier this month.
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