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South Korea recorded its largest monthly current account surplus on record in May.
2026-07-08
South Korea recorded its largest monthly current account surplus on record in May.
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2026-07-07
Huatong Cable shares hit the daily upper limit yesterday and the lower limit today. On July 6 reports said the company's Angola electrolytic aluminum Phase II project was accelerating; market participants flagged a significant inventory build in 2025
Huatong Cable shares hit the daily upper limit yesterday and the lower limit today. On July 6 reports said the company's Angola electrolytic aluminum Phase II project was accelerating; market participants flagged a significant inventory build in 2025 and large working-capital tied up in copper and aluminum. Huatong said “accelerating” was not the company's wording and the project is progressing as planned. The company said it prepays for copper and aluminum while Downstream collections are cyclical, calling this an industry-wide feature. Copper and aluminum account for roughly 90% of total costs; Huatong said it will pass raw-material price increases downstream but repricing cycles vary by region and customer. It also cited exposure to higher shipping costs, raw-material price swings and foreign-exchange volatility from its overseas business.
2026-07-08
On the 7th in Ankara, ahead of a bilateral meeting with Turkish President Erdogan, US President Trump reiterated that Greenland should be controlled by the United States rather than Denmark, saying Greenland is of little use to Denmark and Denmark ha
On the 7th in Ankara, ahead of a bilateral meeting with Turkish President Erdogan, US President Trump reiterated that Greenland should be controlled by the United States rather than Denmark, saying Greenland is of little use to Denmark and Denmark has not spent money on it. He said Greenland is important to the US and tied the point to force posture in Europe, threatening to withdraw all US troops because Europe is "very different" from 20 years ago.
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