Global TradFi & Macroeconomics

According to Yonhapnews, South Korea's short-term government bond yields have declined one month after the Bank of Korea's July rate hike—the first in 3.5 years—while ultra-long-term yields have surged sharply. Financial market participants attribute the yield curve divergence to supply-demand

Baidu reported Q2 revenue of 31.3 billion yuan, down 4.2% year-over-year and slightly below expectations. AI business accounted for over 50% of total revenue, with GPU cloud services posting robust growth of 283% year-over-year. Following the earnings announcement, Baidu's U.S.-listed stock fell

According to its interim report, Yunque Biopharmaceuticals (01952) posted revenue of 1.148 billion yuan for the six months ended June 30, 2026, up 157.29% year-over-year, with gross profit of 799 million yuan, up 166.98%. Net loss attributable to equity holders narrowed significantly to 5.944 millio

According to CNBC, JP Morgan initiated an 'Overweight' rating on Nuvation Bio (NYS:NUVB) on August 18 with a $13 price target. Analyst Priyanka Grover noted that early commercial results for taletmcetin, a first-line treatment for ROS1-positive non-small-cell lung cancer, are positive, with steady a

JST posted Q2 revenue of 29.3 billion KRW, up 159% year-over-year and 66% quarter-over-quarter, while operating profit reached 9.3 billion KRW, surging 346% YoY and 128% QoQ, according to a report released on the 19th by Hanwha Investment & Securities analyst Park Jun-young. Both figures exceeded

According to Hana Financial Investment analyst Park Jun-young on August 19, Justeem's second-quarter operating profit surged 346% year-over-year and 128% quarter-over-quarter to 9.3 billion Korean won, exceeding consensus forecasts by 43%. Q2 revenue reached 29.3 billion won, up 159% annually and 66

According to Motley Fool, Lumentum reported FY2026 Q4 revenue of $1.01 billion, up 109% year-over-year, on Aug 11. Adjusted EPS reached $3.23, up 270% from the prior-year period and surpassing consensus estimates of $2.97. The company guides FY2026 Q1 revenue to grow 134% to $1.25 billion, with

KOSPI is expected to open lower on the 19th following a surge in US long-term Treasury yields and weakness in technology stocks on Wall Street. The decline was triggered by the US 30-year Treasury yield breaking 5.3% during trading—the highest level since 2007—and the 10-year yield jumping to 4.76%,

According to Hong Kong stock exchange disclosure on August 18, Tianjin Chenxing Technology Co., Ltd. resubmitted its mainboard listing application to the Hong Kong exchange with Huatai International as exclusive sponsor. The company ranks first in China's high-speed industrial robot market by 2025 s

Mercury Systems (NASDAQ:MRCY), a defense and aerospace electronics component manufacturer, reported fiscal year 2026 fourth-quarter (April-June) earnings after market close on the 18th (US local time), with adjusted earnings per share of $0.37 missing the Wall Street consensus of $0.38 by $0.01.

Rocket Lab (NASDAQ: RKLB) secured a $397 million contract from the US Space Force (USSF), the largest in the company's history, according to investment media outlet Motley Fool on the 18th (local time). The contract involves supplying Flatellite stackable satellites for USSF's Space-Based Air

South Korean won offshore exchange rates (NDF) surged 1.55 won against the U.S. dollar on August 18, driven by concurrent rallies in crude oil prices and U.S. Treasury yields. The 30-year Treasury yield rose to 5.33%, marking its highest level in nearly 19 years, while climbing from an intraday

According to Yonhap Infomax, KOSPI 200 futures fell 4.3% overnight on August 19 as U.S. long-term bond yields surged to their highest levels since 2007, with the 30-year yield breaking 5.3% and the 10-year yield reaching 4.76%. The decline followed a broad selloff in U.S. tech stocks, with the

According to CNBC, Mercury Systems (NAS: MRCY) reported fourth-quarter fiscal 2026 earnings on August 18 (U.S. time), missing market expectations on profitability. The defense and aerospace electronics components company posted fourth-quarter revenue of $289.78 million, exceeding analyst estimates o

According to Motley Fool, Rocket Lab (NASDAQ: RKLB) secured a $397 million contract from the U.S. Space Force on August 18 to supply Flatellite stacked satellites for the Space-Based Air Moving Target Indication and Tracking program. The satellites will be deployed via Rocket Lab's next-generation N

According to CNBC, Toll Brothers reported third-quarter (May–July) adjusted earnings per share (EPS) of $2.97 on August 18, exceeding Wall Street estimates of $2.92 by $0.05. The luxury homebuilder's Q3 revenue reached $2.66 billion, surpassing the consensus forecast of $2.62 billion. However,

The KOSPI fell 108.11 points (1.55%) to close at 6869.83 on August 18, as US semiconductor stocks plunged and Middle East geopolitical tensions escalated. The decline was driven by three consecutive days of falls in US markets, with the Nasdaq dropping 1.33%, alongside rising US Treasury yields. The

ZTO, China's leading express delivery company, released H1 2026 results on August 18. Revenue reached 278.32 billion yuan, up 22.5% year-over-year, while net profit attributable to shareholders hit 51.69 billion yuan, up 31.5% YoY. Core express business revenue grew 22.8%, driven by a 9.6%

According to CNBC's Jim Cramer, memory stocks including Micron (MU), SanDisk (SNDK), Seagate (STX), and Western Digital (WDC) have delivered exceptional returns this year—SanDisk surging 490%, Seagate up 214%, Micron up 198%, and Western Digital gaining 164%—yet remain undervalued due to

Future Fund Managing Partner Gary Black stated in a post on X on Tuesday that Tesla stocks could remain 'moribund' until CEO Elon Musk demonstrates that Cybercabs can operate without safety monitors and expand beyond mapped cities. Black highlighted Tesla's underperformance compared to the