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Hang Seng Index futures opened the day session up 0.23% at 25,893, trading 40 pts above the cash index.

2026-08-05

Hang Seng Index futures opened the day session up 0.23% at 25,893, trading 40 pts above the cash index.

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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.
2026-08-05

SpaceX (SPCX.O) reported revenue of $7.8 billion in Q2 2026, compared to market expectations of $6.934 billion.

SpaceX (SPCX.O) reported revenue of $7.8 billion in Q2 2026, compared to market expectations of $6.934 billion.
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