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Live Updates  >  Live Update Details

2026-07-15 10:30:12

[South Korea shelved its plan to establish an independent sovereign wealth fund and instead set up a strategic investment account within the existing Korea Investment Corporation (KIC)] (1) The South Korean government has abandoned its original plan to establish an independent sovereign wealth fund (which was originally intended to be modeled after Singapore's Temasek and Australia's Future Fund), and has instead decided to add a strategic investment account within the existing Korea Investment Corporation (KIC). (2) The South Korean Ministry of Finance stated that the strategic account will focus on investing in domestic and international sectors that are crucial to enhancing national competitiveness and economic security. (3) Specific investment areas cover strategic industries such as nuclear energy and aerospace, core sectors such as finance and infrastructure, and overseas supply chain security projects.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

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4.58

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1.305

(2.34%)

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1.71

(2.09%)

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 90.09

2.01

(2.28%)

USD

 100.725

-0.035

(-0.03%)

EURUSD

 1.1441

0.0003

(0.03%)

GBPUSD

 1.3461

0.0006

(0.04%)

USDCNH

 6.7714

-0.0055

(-0.08%)

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