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Nvidia RTX graphics cards may rise again as memory price hike rumours rattle PC industry

Nvidia RTX graphics card prices could rise again as reports suggest the company is pushing to raise prices for GDDR6 and GDDR7 memory kits used in its GPUs. The move is linked to a prolonged memory supply crunch that is lifting manufacturing costs across the PC industry. Any change has not been confirmed for consumers, but higher kit prices could push up production costs and retail prices. Similar pressure is also affecting other PC product categories.

Finance

KOSPI rebounds 1 percent, recovers 6,750 despite foreigners\' 2.885 trillion won net selling

South Korea\'s KOSPI rebounded despite heavy foreign selling, supported by buying from retail investors and institutions. The benchmark index rose 0.97 percent to 6,755.75 after giving up early gains and sliding as low as 6,557.39 before recovering in afternoon trade. Retail investors bought 1.98 trillion won net and institutions 862.3 billion won net, while foreigners sold 2.885 trillion won net. The Kosdaq climbed 2.22 percent.

Finance

Small business credit scores to factor in sales, trading areas; 16 banks to apply 2.2 trillion won

A new credit scoring system for small business loan screening will start operating from late August, evaluating future growth potential using data such as sales, local trading areas, employment and online activity in addition to the owner’s past financial history. The scope will expand from 7 banks and 1.8 trillion won to 16 banks and 2.2 trillion won. Authorities also plan to use the model for a dedicated loan product and future guarantee reviews.