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Real-time News
According to a filing with the U.S. Securities and Exchange Commission (SEC), Micron Technology (MU.O) President and CEO Sanjay Mehrotra sold 40,000 shares of common stock on August 21 at an average price of $968.9 per share, for a total value of approximately $38.7562 million.On August 26th, according to foreign media reports, South Korean AI service platform Wrtn Technologies completed a funding round valued at 1.2 trillion won (approximately $870 million) to support its global expansion. The Seoul-based startup stated in a press release that it raised approximately 100 billion won in its Series C funding round. Following this round, Wrtns total funding reaches approximately 230 billion won. The statement also noted that Wrtns North American AI narrative platform, OOC, has achieved monthly revenue exceeding 10 billion won since its launch in May. The platform allows users to create or enter fictional worlds and interact with AI characters. Riding this momentum, Wrtn expects its annual revenue to exceed 200 billion won this year, a significant increase from approximately 47 billion won last year.According to the Iranian news agency IRNA, Irans ambassador to the United Nations stated that the so-called "economic pressure campaign" by the United States could have serious consequences. We call on all countries to reject and condemn the transnational unilateral coercive measures implemented by the US regime, which aim to force member states to comply with US policies, disregarding their sovereignty and legitimate policies.August 26 – According to the Wall Street Journal, a U.S. government official stated that Trump has submitted a landmark Saudi civilian nuclear agreement to Congress for consideration, but has not abandoned his last-minute demand that Saudi Arabia normalize relations with Israel. This move is expected to spark months of heated debate among lawmakers on how to promote the development of the U.S. nuclear industry while curbing the proliferation of weapons of mass destruction in the Middle East. Last month, when announcing the 30-year agreement, Trump administration officials stated that it would allow U.S. companies to play a central role in Saudi Arabias nuclear infrastructure development while excluding foreign competition. However, the agreement has been controversial because it could open the door to uranium enrichment activities on Saudi Arabian soil.A Reuters poll on August 26th showed that most economists believe the Bank of Japan (BOJ) will act sooner than previously expected, raising interest rates again in September, and the final rate level may be even higher. The survey found that 57% of economists expect the BOJ to raise rates next month, a significant increase from just 5% in July. A smaller minority (10 out of 58) expect the central bank to raise rates again in October or December, bringing the rate to 1.5%. Ayako Fujita, chief economist for Japan at JPMorgan Chase, said, "Since the market has largely priced in a September rate hike, delaying it would likely cause market turmoil, making an earlier policy adjustment inevitable." Looking beyond this year, nearly two-thirds of analysts (35 out of 54) expect the policy rate to reach at least 1.5% by the end of March next year, three months earlier than predicted in the July survey. About 60% of analysts expect the rate to reach at least 1.75% by the end of the third quarter of 2027. Furthermore, regarding the recent rare joint foreign exchange intervention by the US and Japan, more than two-thirds of the respondents (18 out of 26) said that the measures were "not very effective" or "completely ineffective." Many people believe that these measures only delayed the problem rather than truly solving the fundamental issue.
