Japan

Korean retail investors margin calls in Korea; 1.2 million affected SRRF Commentary: When the chips are down SRRF Commentary: When the chips are down Higher oil prices and higher rate uncertainty led to high anxiety as equity market darlings started crashing lower. Is this just a technical wash out or the signs of something more sinister? The leveraged play on the AI buildout took a brutal hit in July, with the NYSE Semiconductor index down over 21% in US dollar terms, pushing AI heavy indices like Korea down 22%, the Nikkei down over 8% and Taiwan and the Nasdaq down over 6.5% over the month in local currency terms. Investors who had recently invested in levered ETFs, or even took out margin debt to participate in the parabolic rally, felt the brunt once this trend reversed sharply. According to Goldman Sachs, over 1.2 million retail investors in Korea, or roughly 3.5% of the adult population, received a margin call. But perhaps most publicly, the 25-year-old founder of hedge fund Situational Awareness, Leopold Aschenbrenner, was forced to sell the entirety of his public book to Ken Griffin’s Citadel (approximately US$16bn worth) to meet a margin call after his fund lost 78% in July. Given the selloff was predominantly isolated to the chips trade, emerging markets suffered the most, down over 3% for the month. Global equities and the overall US S&P 500 were mostly unchanged, thanks to a 2% rally in the Magnificent Seven, driven by strong earnings from Microsoft, Amazon and Apple, which stemmed the rout by the end of the month. ...

Ashok Varadhan, US stocks grind higher on AI momentum, Goldman Sachs Equities trading floor; High single-stock dispersion likely to persist Why US Stocks May Grind Higher 1 Goldman Sachs The Markets Why US Stocks May ‘Grind Higher' Ashok Varadhan, Co-Head of Global Banking & Markets Mike Washington, Host, Co-Head of New York & International High Touch Sales Trading, Global Banking & Markets Date of recording: August 5, 2026 Mike Washington: This is The Markets. I’m Mike Washington. Today is Wednesday, August 5th, and I’m on the Goldman Sachs Equities trading floor, joined by Ashok Varadhan. Ashok is the co-head of Global Banking and Markets at Goldman Sachs. Ashok, it’s great to have you. Ashok Varadhan: Yeah, it’s good to be here again. Mike Washington: I got to tell you, there’s a ton going on right now. I feel like there’s a bunch of different ways that we could take this conversation, but I want to start on AI and momentum. You were on this podcast back in Q4 of 2025. You said that stocks are going higher and AI specifically was going higher. We just had one of the most violent momentum drawdowns in history last week to a V-shaped recovery in tech, and S&P sits at all-time highs. Do you feel like this is the setup that markets could continue to grind higher on the go forward, or is there a wall of worry that we still have to get over? Ashok Varadhan: I think we probably grind higher. I’d say obviously July was a difficult month for markets across a bunch of variety of different things. I’d say first, obviously, the war re-escalated, and that obviously created some, some trepidation in the market. There was obviously nervousness that the Fed could potentially hike rates, and that created an item on the wall of worry. And then, of ...

Global equities edged higher in July 2026; Energy leads as oil rises amid Iran conflict Monthly markets review - July 2026 Monthly markets review - July 2026 A review of markets in July when commodities gained amid higher oil prices and value stocks performed well. Global equities, as measured by the MSCI World index, edged marginally higher in July. The month was marked by a rotation away from some high growth parts of the market that have previously performed well, and towards some lower valued sectors. Global bond markets were largely driven by expectations for higher inflation. Commodities gained amid higher oil prices as the Iran conflict escalated. ...

Truls Möregårdh defends Europe Smash 2026 in Malmö; first European to defend a Grand Smash. Table tennis Europe Smash 2026: Truls Möregårdh, Wang Manyu, Matsushima Sora and the Lebrun brothers in action in Malmö - schedule and how to watch live Table tennis Europe Smash 2026: Truls Möregårdh, Wang Manyu, Matsushima Sora and the Lebrun brothers in action in Malmö - schedule and how to watch live The season’s third Grand Smash returns to Malmö Arena from 8–16 August, with Sweden’s men’s world No. 2 Truls Möregårdh defending the title he won on home soil last year. Here’s everything you need to know. ...

Infineon Technologies AG 自動車用トラクションインバーターの完全システムソリューションを発表; 2030年 BEV部品原価約1650ドル MAPS2 Template 1 Public 2026年5月 車載トラクションインバーター アプリケーションプレゼンテーション 2 Copyright © Infineon Technologies AG 2026. All rights reserved. Public 05/2026 マーケット トレンド 要件 3 Copyright © Infineon Technologies AG 2026. All rights reserved. Public 05/2026 トラクションインバーターアプリケーション概要 ソリューション ‒ 「One Inverter, One Infineon」――インフィニオンは、パワー、センシング、コンピューティ ングを含む30以上のコンポーネントを網羅した完全なシステムソリューションを提供 ‒ インフィニオンのシステムソリューションは、各コンポーネントがシームレスに連携し、ハー ドウェア統合を通じてコスト最適化を実現: たとえば、EiceDRIVER 、XEV-PMIC、 AURIX MCU に機能安全メカニズムが統合されている ‒ インフィニオンは、あらゆる技術ノード(Si、SiC、GaN) を網羅する、最も幅広くスケーラブ ルなパワー製品ポートフォリオを有しており、B2/B6フレームモジュール、成形モジュール 、ベアダイ、ディスクリートなど、あらゆるパッケージオプションから自由に選択できる選択 肢を提供 アプリケーション ‒ トラクションインバーターは電気駆動系において最も重要な部品で、その主な機能 として、バッテリーの直流電力を三相交流電力に変換し、モーターのトルク、回転 数、および効率を精密に制御 ‒ Si、SiC、GaNなどのパワー半導体は、システムのスイッチング周波数、導通損失 、熱特性、および電力密度を決定し、半導体部品全体のBOMの75％以上を占め る ‒ ゲートドライバー、電流センサー、MCU、PMICなどの電圧レギュレータは、統合さ れた制御エコシステムを形成し、正確なスイッチングと機能安全規格への準拠を 保証 課題 ‒ OEM各社は、モジュラープラットフォームアプローチ、生産量の確保、および車両への統 合に対応するため、高効率、コストおよびスペースの最適化、スケーラブルなシステムソリ ューションを求めている ‒ OEMの市場シェアは再編が進んでおり、乗用車分野ではBYDなどの中国OEMが急速に シェアを拡大。商用車分野では、中国がEUや米国を抜き、生産台数で首位に立っており、 2030年には電動トラックおよびバスの市場シェアで70％以上を占めると予想されている ‒ 垂直的なバリューチェーンの統合が勢いを増しており、主要OEMは自社内の研究開発部 門を通じて、半導体の調達方針を主導あるいは決定している ‒ 市場は極めてダイナミックで価格競争が激化しており、イノベーション、差別化、そして迅 速な市場投入が求められている 市場規模(TAM*) (百万ユーロ) 6,124 5,816 6,341 7,088 7,882 8,867 9,540 2025 2026 2027 2028 2029 2030 2031 *戦略レポートに基づくインフィニオンの推計 ...

Global equities edged marginally higher in July; Energy led on oil prices amid Iran conflict. Monthly markets review - July 2026 Monthly markets review - July 2026 A review of markets in July when commodities gained amid higher oil prices and value stocks performed well. Global equities, as measured by the MSCI World index, edged marginally higher in July. The month was marked by a rotation away from some high growth parts of the market that have previously performed well, and towards some lower valued sectors. Global bond markets were largely driven by expectations for higher inflation. Commodities gained amid higher oil prices as the Iran conflict escalated. ...

Ashok Varadhan says US stocks grind higher on Goldman Sachs Equities trading floor; Fed not expected to hike rates in 2026 Why US Stocks May Grind Higher | Goldman Sachs We harness every resource, insight, relationship, and competitive advantage to drive superior results for our clients. Goldman Sachs’ weekly newsletter, offering economic and markets analysis from across the firm. Subscribe now. We help entrepreneurs create jobs and economic opportunity through rigorous business education programs, access to capital, and networking. ...

Ashmita Chaliha defeats top seed Hina Akechi at Korea Masters 2026, Asan Yi Sun-sin Gymnasium; India to have a finalist in women’s singles Korea Masters 2026 badminton: Ashmita Chaliha stuns top seed, sets up all-Indian semi-final with Rakshitha Ramraj Korea Masters 2026 badminton: Ashmita Chaliha stuns top seed, sets up all-Indian semi-final with Rakshitha Ramraj Ashmita Chaliha stunned top seed Hina Akechi of Japan while Rakshitha Ramraj ended Tanvi Sharma’s winning run to guarantee India a women’s singles finalist in Korea. ...

USA Flag Football-Qualifikation LA28; Gastgeber USA bereits qualifiziert, zwei Turniere insgesamt. So läuft die Qualifikation für Flag Football bei den Olympischen Spielen LA28 So läuft die Qualifikation für Flag Football bei den Olympischen Spielen LA28 Wie funktioniert die Flag Football-Qualifikation für die Olympischen Spiele LA28? Erfahren Sie alles, was Sie wissen müssen über das Format, die wichtigsten Events, die Teams im Fokus und die Anzahl der Athletinnen und Athleten. Olympischer Flag Football bei Los Angeles 2028 besteht aus z wei Turnieren mit jeweils sechs Teams , eines für die Männer und eines für die Frauen. Jedes Team wird mit 10 Spielerinnen oder Spielern antreten, so dass es insgesamt 12 Teams und 120 Athletinnen und Athleten sein werden. ...

Empa-Forschungsteam beleuchtet Protonentransport in keramischen Membranen in Dübendorf; bessere Membranen für Brennstoffzellen Die Protonen-Autobahn: Materialien für Wasserstoff-Verarbeitung unter der Lupe Medienmitteilung Veröffentlicht am 7. August 2026 Die Protonen-Autobahn: Materialien für Wasserstoff-Verarbeitung unter der Lupe Dübendorf, 07.08.2026 — Um grünen Wasserstoff effizienter herstellen und nutzen zu können, braucht es bessere Materialien – etwa robuste Membranen aus Spezialkeramiken, die Protonen aufnehmen und leiten können. Ein internationales Forschungsteam unter der Leitung der Empa will die Grundlagen des Protonentransports in solchen Materialien mit neuen Methoden beleuchten. Das Projekt wird vom Schweizerischen Nationalfonds (SNF) im Rahmen des «External Lead Agency»-Verfahrens unterstützt. ...