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Glonghui, February 24th｜As investors assess tariff developments, Japanese stocks may rise. Media reports citing informed sources stated that the Trump administration is considering imposing new national security tariffs on six industries. Previously, U.S. President Trump said over the weekend that he would raise a new global tariff rate to 15%, aiming to replace several tariffs that were ruled illegal by the Supreme Court last week. Nikkei index futures on the Singapore Exchange rose 0.2% to 56,770 points. The USD/JPY was quoted at 154.69 yen, compared to 154.66 yen in New York on Monday night. The Nikkei index fell 1.1% last Friday to 56,825.70 points. The Japanese market was closed on Monday due to a holiday.

UBS reiterated its positive stance on gold, expecting the international spot gold target price to reach $6,200 per ounce in the coming months. Analysts believe that escalating geopolitical risks due to tensions between the United States and Iran, as well as the Federal Reserve's easing cycle putting pressure on real interest rates, will support gold prices. UBS expects global gold demand to exceed 5,000 tons in 2025, with increased investment flows and continued central bank purchases driving prices higher. On the supply side, Wood Mackenzie estimates that around 80 mines will exhaust their production plans by 2028, indicating limited supply flexibility in the short term.

According to Odaily, IoTeX has announced a 10% white hat bounty (approximately $440,000) to the hacker who attacked its ioTube cross-chain bridge, on the condition that the hacker returns the stolen assets of about $4.4 million within 48 hours. IoTeX co-founder and CEO Raullen Chai stated that if the funds are returned, the team will not pursue legal responsibility nor disclose identity information to law enforcement agencies.