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2-year yield rises to highest since January 2025 after hot jobs report boosts expectations that the Fed could raise rates

Treasury yields rose as the hot jobs report along with sticky inflation may give the Fed more cover to hike interest rates in September.

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Korea's Current Account Surplus Jumps to Second-Larget Globally

As the strong export trend continued, the current account surplus for July recorded the second-largest ever. The current account surplus for the first half of this year from January to June ranked…

  • South Korea's current account surplus in July hit $42.08 billion, second-largest globally.
  • July surplus decreased from June's $49.73 billion, due to export focus shift.
  • Semiconductor exports surged, driving goods account surplus to $40.43 billion.

Nomura Sees Samsung, Hynix Severely Undervalued

Global investment bank Nomura analyzed on Sept. 4 that the stock prices of memory companies such as Samsung Electronics and SK hynix are relatively undervalued compared to the fundamentals of strong…

  • Nomura sees Samsung and Hynix stocks as severely undervalued
  • Analyst CW Chung maintains Buy rating with target prices set at $496 and $3,481
  • Memory demand and supply constraints drive significant undervaluation

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