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China's National Bureau of Statistics said Jan–Aug 2026 profits at industrial enterprises above designated size improved. Raw-materials manufacturing profits rose 47.3% YoY, contributing 6.2 percentage points to overall profit growth for above-design

2026-09-28

China's National Bureau of Statistics said Jan–Aug 2026 profits at industrial enterprises above designated size improved. Raw-materials manufacturing profits rose 47.3% YoY, contributing 6.2 percentage points to overall profit growth for above-designated-size industrial enterprises. Rising international crude and nonferrous metals prices boosted related sectors: chemical industry profits +51.0% YoY, nonferrous metals +82.9% YoY. Petroleum processing swung from loss to profit, recording total profits of 56.29 bln yuan, NBS Industrial Department chief statistician Yu Weining said.

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2026-09-28

SME Daily on the 28th cited industry sources saying SK Hynix has begun preliminary construction, including foundation work, at a wafer fab site in Japan’s Tohoku region. Sources say it is unclear whether the project would be run independently or in p

SME Daily on the 28th cited industry sources saying SK Hynix has begun preliminary construction, including foundation work, at a wafer fab site in Japan’s Tohoku region. Sources say it is unclear whether the project would be run independently or in partnership with Kioxia. SK Hynix states the Japan The memory-fab project remains under evaluation with no further progress. The The company is also asking Korean component suppliers to ramp output to address memory-chip shortages. If confirmed, the site would accelerate deployment of memory capacity in Northeast Japan and, alongside TSMC’s Kyushu and Rapidus’s Hokkaido projects, form a Japan semiconductor production triangle.
2026-09-28

Spot gold fell to $4,220/oz, down 1.53% on the day.

Spot gold fell to $4,220/oz, down 1.53% on the day.
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