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Eleven shares changed hands at 1.168 million won each at 8 am Seoul time on August 6, about 30% below the previous Korea Exchange closing price. The stock quickly recovered most of the loss and ended Nextrade’s 50-minute pre-market session down roughly 2%, indicating that the extreme opening price was not driven by a change in the company’s business outlook.

The episode echoed a July 28 disruption when a single SK Hynix share traded at 1.272 million won, nearly 30% below the preceding close. That transaction triggered a volatility interruption on Nextrade and transmitted the distorted price into cryptocurrency derivatives linked to the chipmaker.

A perpetual futures contract tracking SK Hynix fell about 19% during the first event. Almost $60 million of leveraged long positions were liquidated within minutes, leaving more than 900 traders with estimated realised losses of $17.4 million. The platform operating the contract later offered to compensate eligible customers and said it would reassess the way external prices were incorporated into its valuation mechanism.

Thursday’s plunge again occurred at the start of Nextrade’s pre-market window, when order books are typically shallower than during the main session. The exchange allows stocks to move as much as 30% above or below the previous Korea Exchange closing price, meaning a small order can reach the limit when few competing bids are available.

The trade underscored the distinction between a price that is technically valid and one that accurately reflects the market’s consensus. Electronic systems can treat an executed transaction as authoritative even when only a handful of shares are involved. Prices may then spread through data feeds, trading algorithms, structured products and blockchain-based markets before human dealers can assess whether the move is credible.

Nextrade launched in March 2025 as the first serious challenger to the Korea Exchange’s long-standing dominance. It attracted investors with lower fees and trading hours stretching from 8 am to 8 pm, compared with the shorter core session on the main exchange. Retail traders account for most activity on the platform, which has at times handled a substantial share of the country’s equity turnover.

Its expanded trading day has improved access and competition, but the two SK Hynix incidents highlight risks when extended hours are combined with fragmented liquidity. Order books can be especially vulnerable at the opening instant, when market makers have not fully populated bids and offers and overseas price signals may still be feeding into domestic systems.

Regulators and exchange operators now face pressure to consider safeguards based on trade size, available depth and deviation from a volume-weighted reference price. Measures could include auction-style openings, minimum order-value requirements, stronger market-maker obligations or delayed dissemination of extreme prices produced by very small transactions.

The disruption comes during an unusually volatile period for SK Hynix and South Korean technology shares. The chipmaker has been at the centre of investor enthusiasm over high-bandwidth memory used in artificial-intelligence accelerators, but its shares have also recorded repeated double-digit moves as traders reassess valuations and future demand.

SK Hynix reported a sharp year-on-year increase in quarterly profit, supported by high-bandwidth memory sales, yet the results fell short of elevated market expectations. The disappointment contributed to a broad sell-off that erased trillions of dollars from South Korean equities at its peak and pushed measures of expected volatility to exceptional levels.

Leveraged exchange-traded funds linked to SK Hynix and Samsung Electronics have amplified those movements. Authorities have halted new sales of some single-stock leveraged products and proposed tighter investment limits, larger minimum deposits and higher transaction costs after retail investors suffered heavy losses.

Research into the market turbulence has also raised concerns that predictable rebalancing by leveraged funds can encourage traders to buy or sell ahead of compulsory end-of-day transactions. Such feedback loops may magnify price changes even when there is little new information about a company’s operations.

Zhongji Innolight dropped about 10% in both Shanghai and Hong Kong, while Eoptolink Technology also lost 10%. Suzhou TFC Optical Communication declined roughly 6%. The CSI 300 Telecommunication Services Index fell as much as 9% during early trading before trimming some losses.

The sell-off followed disclosures that the administration of US President Donald Trump is drafting a measure that would bar imports of new Chinese optical transceiver models on national security grounds. The Federal Communications Commission is working on the proposed restrictions and is seeking to publish them before the end of the year.

No final decision has been announced, and the proposed rules could be altered, delayed or abandoned. Neither the White House nor the FCC has publicly detailed the measure.

Optical transceivers are essential components in modern data centres. They convert electrical signals into light and allow vast volumes of information to move at high speed through fibre-optic cables connecting servers, switches and computing clusters.

Demand for the devices has surged as technology groups build larger facilities for training and operating artificial intelligence models. These systems require thousands of advanced processors to communicate rapidly, making optical networking a critical part of the AI supply chain.

Chinese manufacturers have secured a substantial position in the global market by combining high-volume production with competitive pricing. Zhongji Innolight holds an estimated 27% share of the global data-centre transceiver market and is among the leading suppliers of high-speed products used in AI computing systems.

The company derived 62% of its revenue from the United States during the first quarter of 2026. It has previously warned that an escalation in trade tensions could produce a steep decline in earnings or lead to losses.

Eoptolink is similarly exposed, generating about 96% of its sales from overseas markets. TFC Optical also depends heavily on foreign customers, leaving all three companies vulnerable to any restriction affecting shipments to US cloud-computing operators.

The proposed action would mark a further expansion of Washington’s technology controls. Earlier measures concentrated mainly on preventing China from acquiring advanced semiconductors, chipmaking equipment and other technologies with potential military applications.

US policy is now extending towards limiting Chinese companies’ access to the domestic market. The FCC has already imposed or prepared restrictions covering telecommunications equipment, drones, routers, connected power inverters and advanced robots.

Under the plan being considered, the agency could initially prohibit imports of all new optical transceiver models and then grant exemptions to suppliers outside China. Existing devices may remain unaffected, although the scope of any final regulation has yet to be established.

US officials are concerned that foreign-made components embedded in data centres could enable data theft, malware installation or service disruption. Supporters of tighter controls argue that Washington should act before Chinese equipment becomes deeply integrated into critical AI infrastructure.

The approach reflects lessons drawn from Huawei, whose telecommunications equipment became widely installed before security restrictions were introduced. Removing or replacing those systems proved costly and complicated for network operators.

A ban would also create challenges for US cloud-computing companies. Amazon Web Services and other operators may have to shift orders to suppliers such as Coherent and Lumentum, potentially increasing procurement costs and slowing the expansion of data-centre capacity.

Shares of US optical-networking companies rose after details of the proposal emerged. Lumentum gained about 7%, Coherent climbed 11% and Applied Optoelectronics advanced 18%, as investors anticipated greater demand for non-Chinese products.

Industry specialists have cautioned that US suppliers may lack the manufacturing scale required to replace Chinese vendors quickly. Any abrupt change could tighten global supplies of high-speed transceivers at a time when technology groups are spending heavily on AI infrastructure.

Some market analysts also viewed Wednesday’s declines as excessive. They said the proposal could serve as a negotiating tool before an expected visit by Chinese President Xi Jinping to the United States in September.

Trade relations remain shaped by mutual dependence. Washington relies on China for rare-earth minerals used in electronics and optical systems, while Chinese technology companies depend on US customers, processors and specialised equipment.

By Nitya Chakraborty Bangladesh Prime Minister Tarique Rahman emerged as a clear winner at the end of his crucial talks with the U.S. envoy for South Asia Sergio Gor last week as he was able to extract maximum concessions from the U.S. team on big investments in his country to help the struggling economy as […]

The article Bangladesh Is A Clear Winner In U.S.- China Diplomatic Battle Over Its Loyalty appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Revenue for the financial year ended March 2026 rose from nearly $9 billion a year earlier, driven mainly by demand for iPhones, Mac computers and services. The increase came as Apple widened its company-owned retail network, expanded financing options and deepened distribution beyond the largest metropolitan centres.

The performance marks a sharp acceleration from the roughly $8 billion recorded in the year ended March 2024. It also underlines Apple’s ability to gain ground in a price-sensitive market where devices using Google’s Android operating system account for the overwhelming majority of smartphone sales.

The iPhone remained Apple’s largest source of revenue in the country. Sales were supported by premiumisation in the smartphone market, trade-in programmes and instalment plans that reduced the upfront cost of devices. Older iPhone models also continued to attract buyers after price reductions following new product launches.

Apple does not disclose country-level sales in its global financial statements. The India figure reflects sales booked through its local operation and may include products distributed through company stores, online channels, authorised resellers and large electronics chains.

The company now operates six physical stores across Mumbai, Delhi, Bengaluru, Pune and Noida. Its latest outlet opened in Borivali, Mumbai, in February, adding to Apple BKC, Apple Saket, Apple Hebbal, Apple Koregaon Park and Apple Noida.

Further retail expansion is being prepared, including another store in Bengaluru. Apple has also been recruiting specialists, technical staff and customer-support employees for multiple locations, indicating that its direct-sales presence will continue to grow.

Company-owned stores offer Apple greater control over pricing, product presentation and after-sales support. They also provide space for training sessions, product demonstrations and technical services, helping the group build customer loyalty in a market where many purchases have traditionally been made through third-party retailers.

The Apple Store online, launched in 2020, remains an important part of the company’s strategy. It allows customers across the country to access trade-ins, custom Mac configurations, education pricing and direct delivery, including in cities without a physical Apple outlet.

Apple’s sales expansion has coincided with a substantial increase in local manufacturing. Contract manufacturers Foxconn and Tata Electronics have raised iPhone assembly capacity, while suppliers are expanding component operations to support a broader production ecosystem.

The country is expected to account for about a quarter of global iPhone production during 2026. Apple has also been working to supply a larger share of devices sold in the United States from factories operated by its partners in the country, reducing dependence on China.

The manufacturing network includes operations in Tamil Nadu and Karnataka, with further investment planned in assembly, enclosures, display components and semiconductor-related infrastructure. The expansion is being supported by production incentives and proposed tax concessions for foreign companies supplying equipment to contract manufacturers.

Authorities have proposed extending exemptions covering machinery provided to electronics producers until 2041. The measures are designed to reduce tax uncertainty for global suppliers and encourage longer-term investment in mobile phones, laptops, tablets and wearable devices.

Local production has helped Apple avoid some import duties and improve product availability. However, the company still relies heavily on components sourced from abroad, and manufacturing costs can remain higher than in China because of logistics, tariffs and a less developed supplier base.

India delivered another record quarter for Apple during the three months ended June. Mac sales reached an all-time high in the country, while demand for iPhones and other devices continued to expand.

Globally, Apple reported revenue of $109.42 billion for its fiscal third quarter, up 16 per cent from a year earlier. iPhone revenue climbed 22 per cent to $54.25 billion, while Mac revenue advanced 29 per cent to $10.35 billion.

Despite its growth, Apple remains a relatively small player by unit volume in the country’s smartphone market. Its share is considerably stronger in the premium category, where consumers are showing greater willingness to spend on high-end devices, financing plans and connected services.

From Thailand–Canada Collaboration to Industrial-Scale Deployment

TCMA announced progress in its strategic Thailand–Canada partnership under the project “Decarbonization of the Cement and Concrete Sectors in Thailand.” As part of the initiative, a Mobile Carbon Capture Unit (MCCU) has been deployed in Thailand for the first time to test the technology’s performance in real industrial conditions within the cement sector.

The deployment of the MCCU marks a significant step in strengthening technological readiness for carbon capture—one of the key solutions for high-emission industries such as cement—while supporting the Thailand 2050 Net Zero Cement and Concrete Roadmap.

Dr. Chana Poomee, Honourary Chairman of TCMA and President of the ASEAN Federation of Cement Manufacturers (AFCM), stated that the project reflects Thailand’s strong commitment to driving industry toward Net Zero through international collaboration. TCMA serves as a central platform linking industry, government, academia, and global organizations to develop practical carbon reduction solutions.

“The transition to Net Zero for hard-to-abate sectors such as cement cannot be achieved in isolation. It requires policy support from the government, as well as international collaboration in technology, finance, and knowledge transfer to accelerate real-world implementation,” Dr. Chana said.

Connecting Technology and Investment Through Global Collaboration

The project is funded by the Government of Canada through Environment and Climate Change Canada (ECCC), with the United Nations Industrial Development Organization (UNIDO) serving as the implementing agency. The initiative aims to develop a technology and innovation ecosystem for decarbonizing Thailand’s cement and concrete industries.

Ms. Richelle Bourgouin, Deputy Minister of Trade and Export Development, Saskatchewan, Canada, noted that the collaboration highlights the power of integrating knowledge, technology, and innovation to support the transition toward a low-carbon economy.

“This partnership also opens opportunities to connect expertise in clean technology, research, and innovation between the two countries, enabling the development of practical solutions and fostering future trade and investment cooperation in Thailand and across ASEAN,” Ms. Richelle said.

A key outcome of the project is the deployment of the MCCU, developed by the Clean Energy Technologies Research Institute (CETRI) at the University of Regina, Canada. The unit will be tested in Thailand to evaluate its performance and applicability within the Thai cement industry.

“Saraburi Sandbox”: A PPP Model for Accelerating Low-Carbon Industry

Under the project, TCMA is collaborating with Chulalongkorn University to study and transfer knowledge on carbon capture technology while building human capacity. The MCCU will be rotated across cement plants operated by TCMA member companies in Saraburi province to test performance, collect technical data, and assess future investment pathways.

The “Saraburi Sandbox” serves as a Public-Private Partnership (PPP) platform, bringing together government, industry, academia, and international partners to pilot and scale carbon reduction technologies, while establishing investment models for a low-carbon economy.

The area is being developed as a prototype low-carbon city, integrating technology, infrastructure, standards, and investment frameworks to support Thailand’s long-term industrial transition.

Accelerating Readiness for a Low-Carbon Future

Dr. Chana emphasized that deploying the MCCU in Thailand represents an important step in enhancing technological and knowledge readiness, particularly in carbon capture technologies that are essential for industries facing significant decarbonization challenges.

Preparation must begin today, as the transition to Net Zero requires time for technological development, workforce readiness, and infrastructure buildout, alongside appropriate support mechanisms. This is especially important as global carbon measures—such as carbon pricing and emissions trading systems (ETS)—become increasingly stringent.

“The success of decarbonizing the cement industry depends on collaboration across all sectors to create an enabling ecosystem for investment and to accelerate the adoption of technologies at scale,” Dr. Chana said.

TCMA’s efforts not only reflect the Thai cement industry’s commitment to translating decarbonization plans into action, but also reinforce the importance of Thailand–Canada collaboration in advancing clean technologies and innovation in the industrial sector. This includes knowledge transfer, technology development, and expanding future investment partnerships.

This collaboration represents a key mechanism in laying the foundation for Thailand’s cement industry to remain competitive in a low-carbon economy, while accelerating progress toward Net Zero 2050 and strengthening Thailand’s role as a regional model for low-carbon industrial development in ASEAN.

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By Nantoo Banerjee The U.S. President Donald Trump seems to be desperately looking for a graceful exit fast at least to save the U.S. partnership with the six-nation Gulf Cooperation Council (GCC) and also the massive financial cost of war. The financial cost of the Iran war already reached approximately $37.5 billion in direct Pentagon […]

The article US Security Umbrella Over Gulf States Is Crumbling appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).