According to reports, Kioxia Holdings will invest more than 1 trillion yen to build a new manufacturing plant in Iwate Prefecture, Japan, for mass production of NAND flash memory. Kioxia is expected to announce the construction plan on August 27.

The Bank of Korea announced a 25 basis point interest rate hike, raising the benchmark rate from 2.75% to 3.0%. This is the second consecutive rate hike, in line with market expectations.

Amazon (AMZN.US) places another major order of 2 million Nvidia GPUs, underscoring strong demand for AI computing power

Spot gold has just broken through the $4,610.00/oz mark, currently quoted at $4,609.83/oz, up 0.33% on the day; the main COMEX gold futures contract is currently quoted at $4,664.20/oz, up 0.23% on the day.

According to a research report by CITIC Securities, since June of this year, U.S. long-term Treasury yields have faced upward pressure, while recently the U.S. Treasury Department has frequently signaled its intention to stabilize the market. Additionally, there have been signs of progress in negotiations over passage through the Strait of Hormuz on August 25, leading to a recent decline in long-term U.S. Treasury yields. The rapid increase in U.S. long-term Treasury yields in the near term has