Global TradFi & Macroeconomics

Bank of America identified 16 growth stocks with low correlation to major AI stocks in a client note issued on the 21st by Savita Subramanian, head of US equity and quant strategy. The selection addresses what BofA termed 'AI fatigue' among growth investors seeking to reduce AI concentration while m

Korea Zinc and Youngpoong/MBK Partners clashed over allegations regarding Won Asia Partners investments. Youngpoong/MBK claimed that over 69 billion won in Korea Zinc funds flowed into three unlisted entertainment and content companies after initial investments by Chairman Choi Yun-beom's family. Ko

According to Bank of America equity strategist Savita Subramanian, on August 5 the firm identified 16 non-AI growth stocks as an alternative for investors facing "AI fatigue." The stocks, selected from BofA's buy-rated universe, meet two criteria: projected EPS growth in the top 20% of the S&P 500 o

According to The Fact, on August 26, Koryogin and Young Poong/MBK Partners clashed anew over OriginAsia Partners investments, with YP/MBK alleging over 69 billion won in company funds were deployed as follow-on investments after Chairman Choi Yoon-beom's family made initial investments. Koryogin

According to Thailand's central bank, the baht has strengthened in recent trading driven by gold purchases, the central bank said.

According to BlockBeats, citing TradingBeats monitoring, NVIDIA futures contracts on Hyperliquid saw open interest plummet 37.2% to $97.9 million on August 26 ahead of earnings. The contract was trading at $213.72, up 1.4% in 24 hours. Among mega-sized addresses, the largest long position (0xbbf) h

According to market analysts, foreign investors sold over 4 trillion won in Samsung Electronics and SK Hynix shares in the past week as of August 26. The KOSPI index closed up 0.97% to 6808.21 on the day.

According to IDC and Central Television Finance, major tech companies including Amazon, Apple, Microsoft, and Dell have recently raised hardware prices in response to surging demand for AI computing power and resulting storage chip price increases. IDC warned that global memory shortages may

Bitwise Asset Management launched Automated Token Portfolios for qualified non-US investors. The product allows investors to hold tokenized US equities in self-custodial wallets with automated rebalancing. Bitwise introduced the portfolios, branded ATPs, one day after Coinbase launched tokenized

Switzerland's investor confidence index climbed to 12.1 in August, up from 10.0 in the previous month, marking a gain of 2.1 points.

Foreign investors net sold 4.4476 trillion won in Samsung Electronics and SK Hynix stocks during the one-week period from August 20 to 26, accounting for 73.8% of total foreign net selling in Korean stocks. The selling occurred despite reduced volatility in the KOSPI index compared to the previous m

According to Guru Club, on August 26, a tanker carrying 4 million barrels of Saudi crude conducted a ship-to-ship transfer in the Strait of Oman, with cargo bound for Asia.

Switzerland's ZEW investor sentiment index reached 12.1 in August, up from 10 in the previous month, reflecting a month-over-month improvement of 1.1 points.

According to MSX.COM data, U.S. storage sector stocks traded lower in premarket trading on August 26. Micron Technology declined 0.65%, SK Hynix fell 0.87%, SanDisk dropped 0.62%, Western Digital slid 0.76%, and Seagate Technology

South Korean government officials confirmed on the 26th that Korea Treasury Bond (KTB) issuance will remain stable despite the creation of a Future Response Fund. A Blue House official stated Korea's bond market is still relatively small and should expand to maintain its benchmark function. The gove

According to a Blue House official on August 26, the South Korean government clarified it will not significantly reduce government bond issuance following the establishment of a new future response fund. The official stated that Korea's government bond market remains relatively small and requires

Hyundai Engineering & Construction and Doosan Enerbility led South Korean construction stocks to a 25% surge this month, the largest gain among KOSPI sector indices, driven by expectations for accelerated US nuclear power plant construction. Hyundai E&C disclosed completion of basic design (FEED) fo

According to Herald Economy, South Korean construction stocks surged today (August 26), with the construction sector index rising approximately 25% for the month. Hyundai Engineering and Doosan Enerbility led gains, climbing 28.22% and 20.27% respectively, driven by accelerating U.S. nuclear

According to sources, Saudi Aramco is providing Asian refiners Arab Medium and Arab Heavy crude oil for September shipment.

According to South Korea's Trade Statistics Service (TRASS) released on August 26, Korean DRAM export prices reached $92,183 per kilogram during August 1-20, surging 401% year-over-year and climbing 12.5 times from January 2023's low of around $7,400/kg. At current levels, DRAM export prices are