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Asian bank stocks rally as investors seek shelter from AI volatility

Asian bank stocks are enjoying one of their strongest runs in years as investors rotate away from the increasingly volatile artificial intelligence trade and towards companies offering dividends, resilient earnings and greater exposure to domestic economies, according to a report by Bloomberg.

We haven't written up this one. Hedgeweek has the full story — the link below goes straight to it.

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Bitcoin Trades Lower In South Korea

This year, the reverse Kimchi Premium phenomenon, where domestic virtual asset prices trade lower than those overseas, has occurred for 123 days, marking the first time the inversion period has…

  • Bitcoin trades lower in South Korea, trading below international prices.
  • Bitcoin Kimchi Premium index averaged -0.48% from August 1 to 9.
  • Domestic investors shifting to stock market contributes to price decline.

Hankook Tire, Q2 Revenue of Over 5.6 Trillion Won

A leading global tire company Hankook Tire & Technology (Hankook Tire) announced its consolidated global financial results for the second quarter of 2026, reporting revenue of 5.6824 trillion ($4.01…

  • Hankook Tire reported Q2 revenue of 5.6824 trillion won ($4.01 billion) in 2026.
  • Growth driven by high-value-added products and EV tire demand in Europe and China.

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