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According to Yonhap News Agency, South Korea's National Arms Procurement Agency showcased a prototype of a domestically produced drone engine on Tuesday. Officials stated that this move aims to reduce reliance on foreign technology. The two engines o

2026-07-07

According to Yonhap News Agency, South Korea's National Arms Procurement Agency showcased a prototype of a domestically produced drone engine on Tuesday. Officials stated that this move aims to reduce reliance on foreign technology. The two engines on display are reportedly under development, have been assembled, and are currently undergoing ground testing. The successful completion of this project will enable South Korea to achieve complete domestic production of drones.

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2026-07-07

International 1. AMP Economist: Trump may increase overseas military operations after the midterm elections; the market needs to be wary. 2. JPMorgan Chase: Robotics and autonomous driving may become the next winners in AI. 3. OCBC Bank: A weaker

International 1. AMP Economist: Trump may increase overseas military operations after the midterm elections; the market needs to be wary. 2. JPMorgan Chase: Robotics and autonomous driving may become the next winners in AI. 3. OCBC Bank: A weaker yen and rising Japanese bond yields may trigger global volatility. 4. Capital Economics: Slowing wage growth in Japan is unlikely to prevent the Bank of Japan from raising interest rates. 5. Societe Generale: A sustained recovery in the yen requires a better growth outlook. 6. Societe Generale: The US dollar may rise further, boosted by a strong growth outlook. Domestic 1. CITIC Securities: Strongly optimistic about the overseas expansion of domestically produced gas turbines. 2. CITIC Securities: Market style faces a phase of testing; recommends allocating to four main themes. 3. CITIC Securities: Recommends focusing on bearing-related products in Tesla's patented designs. 4. CITIC Securities: Empowered by a second growth curve, lithium battery equipment enters a new stage of growth. 5. CITIC Securities: We recommend focusing on high-quality mid-sized securities firms with strong industry resources and leading securities firms with robust investment banking capabilities. 6. Galaxy Securities: Electronic fabric prices are rising monthly, and the high growth rate is boosting corporate performance. 7. Galaxy Securities: Cement prices rebounded slightly in June due to cost support, and are expected to remain low and weak in July. 8. China Merchants Securities International: Tencent's Hy3 has entered the first tier, accelerating the development of its AI product ecosystem.
2026-07-06

German federal cabinet approved the 2027 federal budget draft, which includes increased defense spending; by 2030 defense will account for one-third of the federal budget.

German federal cabinet approved the 2027 federal budget draft, which includes increased defense spending; by 2030 defense will account for one-third of the federal budget.
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