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The onshore yuan closed at 6.7019 against the US dollar at 16:30 on September 22, down 64 points from the previous trading day.

2026-09-22

The onshore yuan closed at 6.7019 against the US dollar at 16:30 on September 22, down 64 points from the previous trading day.

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2026-09-23

Daiwa Securities analyst SK Kim says Samsung Electro-Mechanics’ revenue growth is likely to be driven by demand for multi-layer ceramic capacitors (MLCCs) used in AI data servers. The company has signed multi-year supply contracts with several large

Daiwa Securities analyst SK Kim says Samsung Electro-Mechanics’ revenue growth is likely to be driven by demand for multi-layer ceramic capacitors (MLCCs) used in AI data servers. The company has signed multi-year supply contracts with several large tech customers for delivery starting next year. Daiwa expects AI servers to account for 40% of the company’s MLCC revenue by 2027 and notes AI servers use about 30% more MLCCs than previous-generation data servers. Daiwa retains a Buy rating but trims its PT from 3.3 mln won to 3.0 mln won to reflect lower peer P/E multiples.
2026-09-23

Preliminary shipping data from Kpler show three commercial vessels transited the Strait of Hormuz on Tuesday, down from four the previous day and well below the roughly 15-vessel 10-day average. The three vessels, including one Panamax tanker, were r

Preliminary shipping data from Kpler show three commercial vessels transited the Strait of Hormuz on Tuesday, down from four the previous day and well below the roughly 15-vessel 10-day average. The three vessels, including one Panamax tanker, were recorded outbound. Kpler also reported the LNG tanker Al Mafyar — listed as ballast — reappeared inside the strait on Tuesday after last being tracked outside the waterway on Sept. 19. Separately, 22 commercial vessels transited the Bab al-Mandeb on Tuesday: 14 bound for the Red Sea and eight for the Gulf of Aden. The convoy comprised five Panamax tankers, six supramaxes, four Aframaxes, one Suezmax and one VLCC, down from a 10-day average of 26.
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