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2026-08-21

YONHAP — South Korea's Budget Office said on Friday it will use windfall tax revenue from an AI-driven chip boom to establish a Future Fund to support long-term growth. The office said AI-driven change is reshaping economic and social systems and, pr

YONHAP — South Korea's Budget Office said on Friday it will use windfall tax revenue from an AI-driven chip boom to establish a Future Fund to support long-term growth. The office said AI-driven change is reshaping economic and social systems and, propelled by a global chip upswing and higher corporate tax receipts, domestic tax revenue is expected to rise sharply. The fund will operate as a strategic investment platform to raise Korea's potential growth rate and help secure a leading position in global technology competition.
2026-08-21

Deputy Minister Liao Min said the demand‑support package, rolled out just over six months ago, is proceeding as expected; about 113 million residents person‑times and 6.22 million enterprises have received support. From Jan–Jul, six loan‑subsidy tool

Deputy Minister Liao Min said the demand‑support package, rolled out just over six months ago, is proceeding as expected; about 113 million residents person‑times and 6.22 million enterprises have received support. From Jan–Jul, six loan‑subsidy tools (SME, equipment renewal, service‑sector operators, consumer loans, etc.) helped channel more than CNY20 trillion of new lending into targeted fields, up CNY880 billion YoY (+4.5%). Support spans traditional sectors (agriculture, forestry, animal husbandry and fisheries, cultural tourism, health and elderly care) and emerging industries (high‑end equipment, AI, green/low‑carbon, biomanufacturing). Two consumption measures have supported roughly CNY1.88 trillion of household spending by boosting service‑sector supply (restaurants, accommodation, culture, health/elderly care) and strengthening demand via subsidies, trade‑in and invoice‑lottery Incentives.
2026-08-21

JP Morgan raises PT on Moderna (MRNA.O) to $77 from $40.

JP Morgan raises PT on Moderna (MRNA.O) to $77 from $40.
2026-08-21

JPMorgan Chase raised its price target for Moderna (MRNA.O) from $40 to $77.

JPMorgan Chase raised its price target for Moderna (MRNA.O) from $40 to $77.
2026-08-21

Platinum front-month contract up more than 4.00% intraday, trading at 460.65 yuan/gram.

Platinum front-month contract up more than 4.00% intraday, trading at 460.65 yuan/gram.
2026-08-21

The main platinum futures contract rose more than 4.00% intraday, currently trading at 460.65 yuan/gram.

The main platinum futures contract rose more than 4.00% intraday, currently trading at 460.65 yuan/gram.
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