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Iraq National Oil Company set August official selling price for Basra medium crude to North and South America at a $7.10/bbl premium to the Argus Sour Crude Index (ASCI).

2026-07-11

Iraq National Oil Company set August official selling price for Basra medium crude to North and South America at a $7.10/bbl premium to the Argus Sour Crude Index (ASCI).

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2026-07-10

According to foreign media analysis, large IPOs typically lower the IPO price to attract investors. However, SK Hynix successfully completed its offering at a price higher than par value. Analysts believe this is because the global financial market h

According to foreign media analysis, large IPOs typically lower the IPO price to attract investors. However, SK Hynix successfully completed its offering at a price higher than par value. Analysts believe this is because the global financial market highly recognizes the company's leading position in HBM and next-generation memory technologies, resulting in oversubscription. The 40 trillion won raised will be used entirely to drive the company's expansion in the global artificial intelligence field. A large portion of the funds will be used to build an advanced packaging production base in Indiana, USA, and for research and development of next-generation AI memory semiconductors. Since the price of US dollar ADRs is higher than that of ordinary shares in South Korea due to a high exchange rate, this is expected to put upward pressure on SK Hynix's share price on the KOSPI market in the short term. Analysts also stated that as arbitrage demand between the US and South Korean stock markets increases, the phenomenon of synchronized share price movements may become more pronounced.
2026-07-11

Shanghai Gold Exchange gold T+D closed down 0.34% at 895.57 yuan/gram in the evening session on Friday, July 10; Shanghai Gold Exchange silver T+D closed down 0.69% at 14,535.0 yuan/kilogram.

Shanghai Gold Exchange gold T+D closed down 0.34% at 895.57 yuan/gram in the evening session on Friday, July 10; Shanghai Gold Exchange silver T+D closed down 0.69% at 14,535.0 yuan/kilogram.
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