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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Asian stocks declined, with Japanese, South Korean, and Australian shares falling, while Hong Kong stock futures also dropped. The yen steadied after reaching its weakest level against the dollar since July. Futures for the Nasdaq 100 rose, buoyed by strong earnings from Tesla, as traders adjusted expectations for Federal Reserve rate cuts amid rising Treasury yields. The term premium on 10-year Treasury notes reached its highest since November.
SK Hynix, a leading memory chipmaker, reported a record quarterly profit driven by robust sales of high bandwidth memory (HBM) for generative AI chipsets. In the third quarter, the company achieved a revenue of 17.57 trillion won ($12.7 billion) and an operating profit of 7.03 trillion won ($5.08 billion), surpassing expectations.
Asia markets are poised to open lower following declines on Wall Street, with South Korea narrowly avoiding a technical recession as its GDP grew 0.1% in Q3. The country has announced a financial support program of 75.9 trillion won to aid businesses affected by high interest rates. Meanwhile, U.S. crude oil prices fell over 1% due to a significant increase in stockpiles, reflecting a cautious economic outlook amid rising consumer price sensitivity.
SK Hynix Inc. achieved a record quarterly profit of 7.03 trillion won ($5.1 billion) in the September quarter, surpassing projections of 6.9 trillion won. Revenue surged 94% to 17.6 trillion won, slightly below the expected 18.2 trillion won, driven by strong demand for memory chips linked to AI development with Nvidia Corp. processors.
South Korea's economy recorded a modest growth of 0.1% in the third quarter, following a 0.2% contraction in the previous quarter. This growth fell short of economists' expectations of a 0.4% increase, highlighting concerns over a weakening export rally and rising geopolitical tensions.
ÖKK offers the cheapest basic health insurance premiums for 2025, while Helsana leads in alternative models. The Federal Council plans to reform widows' pensions, limiting them until children turn 25. Meanwhile, 3,000 North Korean soldiers are reportedly training in Russia, and Rudolph Giuliani must relinquish luxury assets to settle a $150 million damages claim.
The Healthcare Cybersecurity Solution market is rapidly expanding due to increasing risks of data breaches and cyberattacks in the healthcare sector. The digitalization of records and connected devices has heightened vulnerabilities, prompting healthcare organizations to invest in advanced security measures. Key players in the market include Atos, Bitdefender, and Cisco, with growth expected to accelerate as regulatory pressures and technological advancements drive demand for robust cybersecurity solutions.
Coca-Cola is poised to achieve the upper end of its organic sales forecast for 2024, driven by increased demand for its premium sodas and juices in the U.S., resulting in a surprise rise in quarterly sales. Despite a 10% increase in average selling prices, unit case volumes dipped by 1%, leading to a 5% to 6% growth forecast for annual adjusted profit. The company is also innovating with pack sizes, introducing 12-ounce slim cans in the U.S. and reformulated drinks in India and South Korea.
VPBank is offering exclusive culinary experiences at Michelin-starred restaurants in Vietnam, providing discounts of up to 50% for customers using VPBanque credit cards. This promotion, running until December 31, 2024, includes over 28 participating restaurants and additional benefits at duty-free stores across Asia. Customers can also enjoy various incentives for spending in sectors like supermarkets and travel, enhancing their overall experience with the bank's services.
VPBank is offering exclusive promotions for credit cardholders, including discounts of up to 50% at Michelin-starred restaurants and various incentives for shopping and dining. Customers can enjoy significant savings when using VPBank credit cards, with additional benefits for contactless payments and international spending. The promotional programs are available until December 31, 2024, enhancing customer experiences across dining, shopping, and travel.
KOR
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03:11 24.10.2024
01:53 24.10.2024
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15:46 23.10.2024
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Hai Anh
Thu Trang
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13:49 23.10.2024
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Hai Anh
Thu Trang
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13:48 23.10.2024
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