PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS) - Co. narrowed the gap with market leader SK Hynix (000660 KS) in the global high-bandwidth memory market in Q2
Market-share readings in high-bandwidth memory have become the central swing factor for the Korean semis complex, with the Samsung versus SK Hynix spread effectively functioning as the sector's pricing benchmark.
Japan's top FX diplomat Mimura affirms always in contact with US authorities and continues to be ready on FX, adds there's no change in fighting stance on FX
[MARKET ANALYSIS] Asia-Pac stocks begin higher amid the positive global risk sentiment and lower yield environment after Fed's Waller kept a September hold in play
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS) - Co. narrowed the gap with market leader SK Hynix (000660 KS) in the global high-bandwidth memory market in Q2
Japanese PM Takaichi will keep Finance Minister Katayama, in cabinet reshuffle, according to Mainichi
Explosions heard in the Yemen's city of Hodeidah
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
AUSTRALIA
ASX (ASX AT) - Co. reported August total cash market value of AUD 199.68bln, with average daily value rising 11% Y/Y to AUD 9.51bln and the average number of cash market trades rising 22% Y/Y. (Newswires)
Nine Entertainment (NEC AT) - WIN Group bought 47.0mln shares in the Co. on-market, lifting its aggregate economic interest to 31.18% from 28.22% and voting power to 25.94% from 22.98%. (Dow Jones Newswires)
Stanmore Resources (SMR AT) - Co. agreed to acquire the Moranbah South tenements from Exxaro for USD 105mln, extinguishing up to USD 60mln of deferred contingent consideration, with completion expected before the end of Q4 2026. (Dow Jones Newswires)
JAPAN
Dai-ichi Life Holdings (8750 JT) - Co. will acquire New Zealand-based Fidelity Life Assurance for USD 370mln as it seeks to increase the share of profit generated overseas. (Nikkei)
Itochu (8001 JT) - Chairman Masahiro Okafuji said Co. would welcome additional investment from Berkshire Hathaway following CEO Greg Abel’s meetings with Japan’s major trading houses. (Nikkei)
Kioxia Holdings (285A JT) - Co. plans to use enhanced NAND flash memory as an alternative to some DRAM applications to capture AI demand, deepen ties with major US technology companies and compete with Chinese rivals. (Nikkei)
Mitsui O.S.K. Lines (9104 JT) - Co. is benefiting from higher freight rates for vessels carrying essential goods amid the de facto closure of the Strait of Hormuz, according to CFO Kazuya Hamazaki. (Nikkei)
Subaru (7270 JT) - Co. and other Japanese aviation parts makers are forming a joint delivery network for components from subcontractors to reduce costs and workloads as Boeing raises aircraft production. (Nikkei)
Sumitomo Corp. (8053 JT) - Co. is to retire treasury shares equivalent to 1% of outstanding shares. (Newswires)
SOUTH KOREA
Hyundai Motor (005380 KS) - Co. Executive Chair Euisun Chung met President Lee Jae Myung in a closed-door meeting, with the two reportedly discussing investment matters. (Yonhap)
Samsung Electronics (005930 KS) - Co. narrowed the gap with market leader SK Hynix (000660 KS) in the global high-bandwidth memory market in Q2, according to industry data. (Yonhap)
Other News
South Korea’s Industry Minister Kim Jung-kwan said Seoul and Washington are continuing talks on US semiconductor tariffs under the understanding that South Korea will not be put at a disadvantage versus competitors. (Yonhap)
South Korea will develop two next-generation land observation satellites for launch starting in 2030 to strengthen land monitoring and disaster response capabilities. (Yonhap)
The established pattern in this cycle is that HBM positioning tracks qualification progress at the leading AI accelerator customer: share gains by Samsung have historically followed passed qualification tests on next-generation stacks, while slippage has followed failed or delayed certification. The note that the gap narrowed in Q2 fits that template, with the tell being which generation of HBM the share shift sits in, since gains in current-generation supply carry less multiple weight than qualification on the forthcoming node. Watch for confirmation through contract pricing and any commentary on supply commitments, which in past episodes have been the channel through which share data has repriced the pair relative to each other rather than the complex as a whole. The adjacent tariff line is relevant context: Seoul-Washington semiconductor talks framed around parity with competitors have tended to matter most where they differentiate Korean supply from Taiwanese or domestic US output. Broader items in the wrap, Berkshire rhetoric on the trading houses and Hormuz freight, follow well-worn transmission channels through the sogo shosha peer set and tanker rates respectively.
Related headlines
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat12 hours ago
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms11 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates16 hours ago
- BoJ accounts show there was no large-scale yen intervention on Wednesday16 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed16 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources16 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday17 hours ago
- USTR Greer US Trade Representative Greer says that Canada wanted more tariff relief and that he's had a couple of texts and outreach with Canada, but haven't had negotiations with Canada3 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS HIGHER AT 107-215 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 0.29 HIGHER AT USD 91.30/BBL; BRENT (X6) SETTLES USD 0.11 LOWER AT USD 95.52/BBL6 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee13 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port14 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Scientech (3583 TT) expects shipments to rise 50% Y/Y this year26 min ago
- PBoC is expected to set USD/CNY mid-point at 6.7093 (prev. 6.7807)1 hour ago
- Japanese PM Takaichi will keep Finance Minister Katayama, in cabinet reshuffle, according to Mainichi1 hour ago
- Japanese Household Spending (Jul MM) 0.5% vs. Exp. 2.6% (Prev. -6.4%)1 hour ago
- Japanese Household Spending (Jul YY) -3.6% vs. Exp. -1.6% (Prev. -3.3%)1 hour ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike11 hours ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass14 hours ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits15 hours ago
The whole workspace, free to try.
Try it free