Global TradFi & Macroeconomics

According to the Ministry of Natural Resources, a major copper-gold ore deposit has been discovered in the Chating area of Xuancheng, Anhui Province, marking a significant breakthrough in China's new round of mineral prospecting initiative. The main ore body measures approximately 1.2 kilometers

SK On signed a 9-gigawatt-hour (GWh) lithium iron phosphate (LFP) battery cell supply contract with US energy storage system company Neovolta Power, the company announced on August 31. Industry sources estimate the contract value at approximately 1.5 trillion won. The batteries will be produced at S

According to iM Securities, SK On, a subsidiary of SK Innovation, signed a 9-gigawatt-hour (GWh) lithium iron phosphate (LFP) battery cell supply contract with U.S. ESS company Neobolt Power on September 1. The contract is valued at approximately 1.5 trillion Korean won and will run for five years f

According to Han Kyung Economic Daily, South Korean battery and energy storage stocks surged in August 2026 as capital rotated from semiconductors. L&F jumped 100.14% in August, closing at 146,700 won on September 1, while Samsung SDI and LG Energy Solution gained 45.34% and 15.24% respectively

According to Baidu's announcement, the company's transition from secondary listing to dual primary listing status on Hong Kong Exchanges and Clearing took effect today (September 1). The change reflects Baidu's enhanced standing on the

South Korea's three largest department store operators—Shinsegae, Lotte Shopping, and Hyundai Department Store—are confronting uncertainty over exchange rate fluctuations that threaten the revenue foundation established in the first half of this year. The dollar-won exchange rate fell 3.90 won to

South Korea's August trade balance came in at $34.75 billion, exceeding the forecast of $30.74 billion. The prior month's figure was also revised upward to $30.39 billion from the initial $30.32 billion.

According to South Korea's official trade data released in early September, exports surged 68.7% year-over-year in August, significantly exceeding the forecast of 62.9% and the prior month's 62.8%. The stronger-than-expected export growth outpaced both analyst expectations and prior-month

According to BlockBeats, on September 1, U.S. President Donald Trump stated that American GDP growth could reach 14%, 15%, 16%, or even 20%, and asserted that such high growth should not prompt the Federal Reserve to raise interest rates. Trump said economic growth "will not trigger inflation" and d

According to Reuters, on August 31, Huawei reported first-half net profit fell 36% year on year to 23.8 billion yuan (US$3.54 billion), while revenue rose 9.6% to 467.8 billion yuan (US$69.6 billion). The profit decline was driven by higher input costs, increased research and development spending wh

Korea's National Participation Growth Fund second-phase launch has been delayed beyond its original August timeline as the KOSDAQ market declined approximately 25% from first-phase levels. The fund manager selection process, which began with proposal submissions on July 20, has not yet announced

Robinhood Chain recorded $875 million in decentralized exchange volume on Aug. 30, according to Wu Blockchain Data Center. The surge was driven by tokenized stock trading, with Uniswap v4 accounting for $432 million of the total. The network processed 5.52 million transactions during the day, both v

According to Yonhapinfomax on August 31, South Korea's second-phase People Growth Fund (PPF) has postponed the selection of asset managers and investor recruitment due to deteriorating market conditions. The Korea Exchange's KOSDAQ index has fallen to the 800s, down approximately 25% from the 1,105.

According to BIT (bit.com), cryptocurrency-linked stocks rallied on September 1 at the close, with Circle (CRCL) leading gains at up 9.67%. Coinbase (COIN) rose 5.31%, BitMine (BMNR) gained 6.55%, and MicroStrategy (MSTR)

According to Melick, global commodities strategist at TD Securities, traders reduced their net crude oil positions this week amid ongoing uncertainty surrounding the next phase of the Iran conflict. The strategist noted that no signs indicate normal passage through the Strait of Hormuz will resume i

The USD/KRW exchange rate fell to 1,368.00 won at 6 AM on September 1st, down 0.60 won from the previous Seoul close of 1,368.60 won, according to foreign exchange market data. The decline was driven by month-end selling pressure and the fading impact of Federal Reserve Chair Kevin Warsh's hawkish r

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,368.00 won on Sept 1, down 0.60 won from the previous Seoul market close and 11.90 won lower than August 29, marking the lowest level in 13 months. The decline was driven by month-end selling pressure and a pullback in U.S. dollar

According to Jin10, Japan's 10-year government bond auction scheduled for Tuesday faces demand pressure as yields approach the 3% milestone, with rates hitting 2.95% on Monday—the highest level in 30 years. The Bank of Japan is set to announce its policy decision on September 18, with Deputy

According to ChainCatcher, bitcoin miner Cango Inc. (NYSE: CANG) reported Q2 2026 financial results on August 31, with total revenue of $50.8 million and net loss of $81.6 million, primarily driven by non-cash impairment and disposal losses on mining equipment. Bitcoin mining revenue reached $47.4 m