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U.S.-Iran clashes resume, Asian stock markets fall, Japanese stocks drop 1.5%, Korean stocks plunge as much as 4%

U.S.-Iran clashes resume, Asian stock markets fall, Japanese stocks drop 1.5%, Korean stocks plunge as much as 4%

``` The military conflict between the US and Iran has escalated, triggering a sharp rise in global market risk-aversion sentiment, with Asian stock markets opening lower and declining across the board on Thursday. The US Central Command announced a new round of "self-defense strikes" against Iran on Wednesday night,

South Korea’s brutal deleveraging: KOSPI plunges 17% in a single week, forced liquidations sweep retail investors

South Korea’s brutal deleveraging: KOSPI plunges 17% in a single week, forced liquidations sweep retail investors

``` Chasing gains is easy, deleveraging is hard. The Korean KOSPI index plunged 17% from its high in a single week, catching Korean retail investors who had previously bet on Samsung Electronics and SK Hynix off guard—a record amount of margin accounts were forced to liquidate, reaching the highest level

Global government bond issuance hits record high, driven mainly by defense and energy.

Global government bond issuance hits record high, driven mainly by defense and energy.

``` Governments around the world are accelerating their borrowing from the markets—energy transition, national defense, and aging populations all require money, and interest rates are still on the rise. According to the latest analysis from Bloomberg, in the first half of this year, the volume of global sovereign bond syndications

Wall Street debates “Tokenomics”: Has the AI bill spiraled out of control?

Wall Street debates “Tokenomics”: Has the AI bill spiraled out of control?

A Token index chart has ignited anxiety over AI growth and runaway bills. This chart is the LLM Token expenditure index compiled by Silicon Data. On June 11th, it had fallen for seven consecutive days, marking the longest streak since January this year; in the past 12 days, it dropped

The three major A-share stock indexes fluctuated lower, semiconductors rose against the trend, non-ferrous metals strengthened, the Hang Seng Index and Hang Seng Tech Index both fell, and tech internet stocks diverged.

The three major A-share stock indexes fluctuated lower, semiconductors rose against the trend, non-ferrous metals strengthened, the Hang Seng Index and Hang Seng Tech Index both fell, and tech internet stocks diverged.

``` On June 11, A-shares fluctuated and diverged, with the three major stock indexes showing mixed results at the opening. The Shanghai Composite Index opened lower and continued downward, while the ChiNext Index once surged over 1% intraday before falling back into the red. The semiconductor sector bucked the trend and

OpenAI is considering a significant price reduction, lowering token fees.

OpenAI is considering a significant price reduction, lowering token fees.

``` OpenAI is brewing plans to implement significant price cuts for its AI services, directly targeting competitor Anthropic. A price war centered on enterprise customers is taking shape. According to a report by The Wall Street Journal on Wednesday, people familiar with the matter revealed that OpenAI is evaluating a plan

In the first 10 days of June, South Korea's exports hit another record high, with semiconductor exports surging by 206%.

In the first 10 days of June, South Korea's exports hit another record high, with semiconductor exports surging by 206%.

South Korea's exports are surging, with data from early June setting a new historical record, as explosive growth in semiconductor demand becomes the most crucial driving force. According to data released by the Korea Customs Service on June 11, from June 1 to 10, South Korea’s total