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Hanwha Group said it will invest 55 trillion won in South Korea to develop satellites, space launch vehicles and a defense AI data center.

2026-07-03

Hanwha Group said it will invest 55 trillion won in South Korea to develop satellites, space launch vehicles and a defense AI data center.

Other News
2026-07-03

CITIC Securities says June 2026 US unemployment was 4.2%, below expectations, and nonfarm payrolls also missed. Leisure and hospitality — a May jobs contributor — dragged June nonfarm; unadjusted employment in the sector still rose but weaker-than-no

CITIC Securities says June 2026 US unemployment was 4.2%, below expectations, and nonfarm payrolls also missed. Leisure and hospitality — a May jobs contributor — dragged June nonfarm; unadjusted employment in the sector still rose but weaker-than-normal month-on-month gains produced a negative seasonal adjustment. The unemployment drop was aided by a fall in labor force participation; a sharp one-month decline in 25–54 prime-age participation may be World Cup-related and should not be read as a structural trend. Wage growth remains elevated, implying persistent inflationary pressure. Markets pared rate-hike pricing after the print, but the underlying nonfarm strength is not enough to prompt expectations of materially easier liquidity. CITIC maintains its view that the Fed will hold rates unchanged this year and judges there is still downside risk to market rate-hike expectations.
2026-07-03

HKEX filing shows Citigroup cut its short position in CATL (03750.HK) H-shares to 3.40% from 4.91% on June 26.

HKEX filing shows Citigroup cut its short position in CATL (03750.HK) H-shares to 3.40% from 4.91% on June 26.
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