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BOK Governor Shin Backs Won Appreciation to Address K-Shaped Economy

Bank of Korea Governor Shin Hyun-song made consecutive statements supporting won appreciation at a parliamentary audit on the 12th and an IMF-hosted event in Bangkok on the 13th. At the parliamentary audit, Shin said the current exchange rate is higher than usual levels and has room to fall
GateMacroTradfiHub·8m ago
BOK Governor Shin Backs Won Appreciation to Address K-Shaped Economy

CoreWeave Bond Yields Hit 14.8% Amid AI Credit Bubble Concerns

CoreWeave's corporate bonds experienced a sharp decline on 14일 (현지시간), with the 2032 maturity bonds (9.625% coupon) seeing yields surge to 14.8% as the AI cloud company's borrowing costs escalated. The bond price dropped below 78 cents per dollar of face value, entering distressed territory
CRWV-15.44%
ORCL-8.87%
NVDA-3.08%
GateMacroTradfiHub·35m ago
CoreWeave Bond Yields Hit 14.8% Amid AI Credit Bubble Concerns

HUG Housing Fund Execution Rate Plunges to 3.1% Amid Policy Shift

Housing and Urban Guarantee Corporation (HUG), which manages the Housing and Urban Fund, saw the execution rate of its policy finance products for housing purchase and lease funds (Didimdol and Buttermok loans) plunge to 3.1% last year. The sharp decline resulted from a combination of factors
GateCryptoFrontier·43m ago
HUG Housing Fund Execution Rate Plunges to 3.1% Amid Policy Shift

Aave Transfers 133.9M USDC to Unknown Wallet Address

Aave executed a transfer of 133.9 million USDC to an unidentified wallet address, according to monitoring service @whale_alert on CryptoTwitter. The decentralized finance lending platform moved the stablecoin in a single transaction that has drawn attention from market observers. USDC is a
USDC0.03%
GateCryptoFrontier·45m ago
Aave Transfers 133.9M USDC to Unknown Wallet Address

Kospi Triggers Sell Sidecar After 5% Drop on Oct. 15

South Korea's Kospi triggered a sell sidecar at 9:07 a.m. on Oct. 15 after the benchmark fell more than 5% shortly after the open. The circuit breaker was activated because futures prices fell more than 5% for at least one minute, meeting the threshold for the market-stabilization mechanism. This ma
INDEX2.58%
Bloomingbit·45m ago
Kospi Triggers Sell Sidecar After 5% Drop on Oct. 15

South Korea Completes Arctic Route Pilot Voyage Covering 30,354 Kilometers

South Korea's Pan Star Acro vessel completed a pilot voyage through the Arctic route, arriving in Busan on the 11th after a 50-day journey covering 30,354 kilometers, according to the government on the 15th. The vessel carried 837 TEU of cargo including chemical products, used cars, and auto
GateCryptoFrontier·1h ago
South Korea Completes Arctic Route Pilot Voyage Covering 30,354 Kilometers

South Korea Completes First Arctic Route Trial Amid Great Power Competition

South Korea completed its first Arctic route trial navigation as the Panstar Acro vessel returned to Busan on October 11 after a 50-day voyage. The container ship departed Busan in August, transited the Arctic Ocean, and visited UK's Felixstowe, Netherlands' Rotterdam, and Poland's Gdansk before ret
GateCryptoFrontier·1h ago
South Korea Completes First Arctic Route Trial Amid Great Power Competition