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Phillip Securities maintained a sell rating on SpaceX (SPCX.O) with a PT of $75, citing high capex, concentration of AI clients and reliance on short-term cloud-service contracts; said a valuation re-rate would require clients to commit to longer-ter

2026-08-17

Phillip Securities maintained a sell rating on SpaceX (SPCX.O) with a PT of $75, citing high capex, concentration of AI clients and reliance on short-term cloud-service contracts; said a valuation re-rate would require clients to commit to longer-term contracts.

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2026-08-17

On the 17th (local time), Islamic Revolutionary Guard Corps political deputy commander Yadollah Javani said the Strait of Hormuz will reopen once the US fulfills commitments under the Islamabad memorandum.

On the 17th (local time), Islamic Revolutionary Guard Corps political deputy commander Yadollah Javani said the Strait of Hormuz will reopen once the US fulfills commitments under the Islamabad memorandum.
2026-08-17

The ruling Democratic Party held a national congress in Daejeon on the 17th and elected former prime minister Kim Min-sik as its new leader. His two-year term gives him control over candidate nominations for the 2028 National Assembly elections and w

The ruling Democratic Party held a national congress in Daejeon on the 17th and elected former prime minister Kim Min-sik as its new leader. His two-year term gives him control over candidate nominations for the 2028 National Assembly elections and will materially affect the Lee Jae-myung administration's governance and the party's internal power balance.
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