News

Citigroup raised its target price for ASML (ASML.O) from €2,200 to €2,300.

S&P Global Market Intelligence: Oracle (ORCL.N) 5-year credit default swap spread widened by 26 basis points to a record high of 288 basis points.

German Finance Minister: Our support for Ukraine is clear, but this comes with a clear expectation of political reform.

An IMF official stated that the economic forecast for the Middle East is based on the assumption that oil prices will remain high, and that trade and shipping are expected to return to normal in the first quarter of 2027.

According to TASS, the Russian Ministry of Defense stated that Russian forces attacked the port of Izmail in Ukraine.

Japan's capacity utilization index was 103.2 in August, compared with 107.7 in the previous month.

Japan's final August inventory month-on-month rate was -0.6%, compared to -0.5% previously.

Japan's capacity utilization index fell 4.2% month-on-month in August, compared with 0.50% in the previous month.

Japan's final industrial production annual rate for August was 2.7%, down from 3.40% previously.

Japan's final industrial production figure for August was -2.4% month-on-month, compared to -1.70% in the previous month.

India's NIFTY IT index rose 2.5%.

ECB Governing Council member Kochel: The ECB is not yet at the stage of discussing bond market intervention tools.

According to the Financial Times, Ukrainian President Zelenskyy stated that Ukraine will resume its attacks on Russian oil refineries.

Bank of England Chief Economist Peel: We should not give the impression that "the current rate hike is the beginning of a series of rate hikes".

NI225 fell 5.3% recently, poised for its biggest single-day drop since April 2025.

NI225 continued its downward trend, plunging 5%.

At the close of the morning session, most domestic futures contracts declined. Shanghai silver fell over 5%, SC crude oil and Shanghai tin fell nearly 4%, coking coal, TSR20 rubber, apples, and methanol fell over 3%, and platinum fell nearly 3%. On the upside, container shipping to Europe rose nearly 2%, and peanuts rose nearly 1%.

Sources familiar with the matter say that amid a global shortage of memory chips leading to rising prices, SK Hynix's U.S. subsidiary, Solidigm, hopes to install new equipment in idle space at SK Hynix's Dalian, China plant to produce NAND flash memory chips. Solidigm told Washington that expanding production in China would help the company raise funds for a new NAND factory in the United States.

Japanese Minister of Economy, Trade and Industry Ryosuke Akazawa: Chip projects are of great significance in the era of artificial intelligence.

Japanese Minister of Economy, Trade and Industry Ryomasa Akazawa: The United States and Japan have reached an agreement on the first chip project under a $550 billion cooperation plan.