Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Hankook Tire & Technology is seen benefitting the most among South Korean tire makers in the increasing global demand for used cars due to its large proportion of replacement tire sales at 80 percent and expected price hikes in the second half.
Being a second-tier maker group, Hankook is better positioned to increase tire prices than its local competitors, such as Nexen Tire and Kumho Tire Co., which are in the third-tier.
After raising prices by 3 to 5 percent due to higher rubber costs earlier this year, Hankook may further hike prices by up to two times later this year.
Hankook Tire’s second-quarter operating profit is forecast at 191.4 billion won, surpassing a market consensus by 14 percent, according to Korea Investment & Securities analyst Kim Jin-woo.
Used car prices in the US jumped 45.2 percent on-year with the average selling price just $80 lower than a new car of the same model.
Analyst Yoo Ji-woong of eBest Investment & Securities noted that more people are buying used ones as their last combustion engine cars while awaiting for electric vehicles to be released in the next two or three years.
The global chip shortage that hit car production also boosted demand for used cars in the US.
