EUR/USD
1.15678
0.343%
Gold
4376.09
0.578%
Oil
81.485
1.319%
USD/JPY
159.356
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GBP/USD
1.35343
0.362%
GBP/JPY
215.682
0.268%
Real-time News
US President Trump: The Senate must pass the "No More Clock-Changing Act" as soon as possible. More sunlight is always good (it even helps fight crime!), but more importantly, stop the absurd habit of turning clocks and watches back and forth twice a year—its confusing and inconvenient. Get it fixed now!August 16th - Despite a significant rebound in the stock market from the panic triggered by the plunge in chip and AI-related stocks, data shows that short selling is still on the rise. According to data released by the Korea Exchange on Sunday, as of Tuesday, the outstanding short position in the South Korean stock market was approximately 19 trillion won (about $13.4 billion), an increase of 2.27 trillion won, or 14%, from 16.73 trillion won at the end of last month. At the end of February this year, the short position was 15 trillion won, briefly fell to 12 trillion won in early March, and then rose again to 23 trillion won in early June. So far this month, the benchmark KOSPI index has risen by 6%, while the tech-heavy KOSDAQ index has surged by 20%. Last month, the South Korean stock market experienced a sharp drop due to market concerns about the profitability of AI-related investments (which could weaken chip demand). However, investors remain concerned about the rapid short-term gains and are uncertain whether the chip industry has peaked.On August 16, Libyas National Electricity Corporation announced that an explosion occurred near the Zawiya power station in western Libya on August 15. The explosion caused multiple power plants to shut down, paralyzed the power grid, and resulted in power outages in the capital Tripoli and large areas of western Libya. In a statement, the company said that maintenance teams were working to resolve the fault and power supply to the affected areas was being gradually restored. Technical teams have begun investigating the cause and technical details of the explosion.According to Al Arabiya satellite television: Libyan sources say the Al-Hashah power station in Zawara was attacked by drones.On August 16th, local time, police in Virginia, USA, arrested a 19-year-old man suspected of involvement in a shooting that day that injured five people. No one was killed in the shooting, but one victim is in critical condition. Chesterfield County Sheriffs Office announced the arrest of Camron Harris, from Henrico, Virginia. Authorities stated that he is not a student at the school. Police said they have issued eight felony warrants for the man, including charges of intentional assault and use of a firearm during a felony. Although the shooting occurred on school grounds, only one of the five injured was a student at the school. Authorities stated that the other four victims are between 17 and 23 years old.
