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According to South Korean media, the minimum hourly wage in South Korea will be set at 10,700 won in 2027, an increase of 3.7% compared to this year.

2026-08-05

According to South Korean media, the minimum hourly wage in South Korea will be set at 10,700 won in 2027, an increase of 3.7% compared to this year.

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2026-08-04

U.S. Treasury Secretary Bessenter: Japan is working to curb the undervaluation of the yen.

U.S. Treasury Secretary Bessenter: Japan is working to curb the undervaluation of the yen.
2026-08-04

Platinum-group metals have shown extreme divergence YTD: supply is tight across the board, but platinum and palladium have seen sharp swings and large pullbacks while iridium has rallied sharply, emerging as the standout in the precious-metals comple

Platinum-group metals have shown extreme divergence YTD: supply is tight across the board, but platinum and palladium have seen sharp swings and large pullbacks while iridium has rallied sharply, emerging as the standout in the precious-metals complex. Iridium crucibles remain indispensable for many ultra-high-temperature specialty crystals, limiting substitution; market contacts say domestic iridium is trading around 2,000 yuan/gram, well above gold. Data from major precious-metals reference platform Zhuangxin Wanfeng show iridium rose from $4,510.71 per troy ounce on Dec. 31 to $7,850/oz on Aug. 4, a gain of more than 70% YTD. Accelerating demand from AI and new-energy industries is cited as a new growth driver for iridium consumption.
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