Stock futures mixed as hopes for Hormuz reopening fade
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Non-Chinese EV Market Grows As Hyundai Share Slips
In the first half of this year, the global electric vehicle market excluding China approached 4,600,000 units, growing by more than 30% compared to the previous year.
- Non-Chinese EV market grew 30.3% YoY to 4.6 million units
- Hyundai and Kia saw market share decline, lagging behind average growth
- BYD surged 81.4% YoY to 3rd place with 497,000 units sold
[Closing Market] KOSPI Edges Up While KOSDAQ Surges Nearly 7%
On Aug. 10, the domestic stock market closed with slightly divergent sentiments amid contrasting trends between the KOSPI and KOSDAQ markets.
- KOSPI index edges up 0.65% to 6,299.66, failing to reach 6,300 level
- KOSDAQ index surges 6.97% to 854.47, driven by capital inflow and sector rotation
Gold edges higher as Fed hike bets fade, US inflation data in focus
NEW YORK: Gold inched higher on Monday after prices hit a seven-week high in the previous session, as weak US jobs data tempered expectations for Federal Reserve rate hikes and investors look ahead to…
Global stocks rise as weak US jobs data eases rate fears
Global stocks surged after weak US jobs data in July reduced fears of a Federal Reserve interest rate hike, despite a spike in oil prices. Find out more.
Indonesian president nominates acting central bank governor
Indonesia’s President Prabowo Subianto has nominated Destry Damayanti as the sole candidate for central bank governor, a move closely watched by markets.
Usiminas Profit Jumps 236% But Faces Slower Quarter Ahead
Usiminas posted net profit of R$ 428.2 million (about US$84 million) in 2Q26, up 236% year-on-year but down 52% sequentially.
- Usiminas profit jumps 236% in Q2 2026, surpassing R$428.2M mark
- Adjusted EBITDA rises 17% from R$653.2M to R$761.3M
- Management warns of slower quarter due to market instability and economic factors