Global TradFi & Macroeconomics

According to Yonhap Infomax, South Korea's foreign exchange authorities are set to finalize the calculation method for the 4 p.m. time-weighted average rate (TWAP) by November, which will replace the current market average rate (MAR) starting January 2027. The Seoul Foreign Exchange Market

Samsung Electronics and SK Hynix announced dividend payments totaling approximately 44.1 trillion won, with Samsung's 30.03 trillion won dividend scheduled for payment on the 27th. The decisions were made on the 29th and 28th of last month respectively, with Samsung's dividend based on a record

According to Yonhapinfomax, Samsung Electronics announced a 30.03 trillion won cash dividend on October 29, with payment scheduled for November 27. The record date was September 30. As of the second quarter, foreign investors held approximately 46% of Samsung's common

According to LG Energy Solution's CFO at its Q3 earnings call on November 3, the company plans to begin sample production of sodium-ion batteries for energy storage systems (ESS) this year, with test product shipments to North American customers expected in 2027. The company also targets mass produ

Bloomberg reported on Nov. 3, citing people familiar with the matter, that The Walt Disney Company plans to review thousands of employees, with some managers asked to cut annual costs by 20%. The sources said Disney will save costs through reviews and spending cuts; CEO Josh D’Amaro plans to reinvest some of the savings in film and television production, technology research and development, and its theme park and cruise businesses. The report on the review plan did not say how many positions cou

According to Benzinga, Wall Street experienced significant sector rotation in October, with technology stocks plunging while investors rotated into consumer staples. The State Street Technology Select Sector SPDR ETF (XLK) fell 8.3% for its worst month since March 2025, while the State Street

According to Odaily, Hong Kong storage concept stocks declined at market open on November 3. Lanqi Technology (06809.HK) fell over 6%, while Ziguang Unisoc (03986.HK) dropped over 3%. Jiangbo Dragon and Weishi Jiajie followed the broader weakness in the

Wellington Altus Chief Market Strategist James Sohn stated in a report on November 2 (local time) that Wall Street is misreading the future and the US Treasury yield curve will steepen sharply. Sohn argued that market narratives ahead of the US midterm elections amount to speculation disguised as an

NVIDIA is set to become Naver's third-largest shareholder through a third-party share allocation priced at 204,500 won per share, with payment scheduled for the 6th. The investment totaling approximately 1.48 trillion won will secure NVIDIA a 4.54% stake in the Korean tech company. The strategic par

According to Jin10, bankers from a state-owned major bank and a national joint-stock bank said on November 2 that the interest rate for stock buyback and equity increase re-lending is expected to decline to 1.6%. The rate is set through financial institutions' add-on points based on the latest re-le

Apple signaled it may boost services revenue through third-party artificial intelligence apps, Chief Financial Officer Kevan Parekh said on Monday's earnings call. The company's services business remains at record levels but faces growing pressure from App Store regulatory challenges and a mobile

According to CoinDesk, tZERO, a US blockchain-based securities infrastructure firm, plans to go public through a merger with special purpose acquisition company FG Imperii Acquisition Corp. The transaction could provide up to US$231 million from the SPAC trust, subject to shareholder redemptions

US beauty company Estée Lauder (NYS:EL) reported Q1 results that exceeded market expectations, driven by explosive growth in its fragrance division, according to Yahoo Finance on the 2nd (US local time). The company's Q1 fragrance division net sales surged 20% year-over-year, marking the fastest growth rate among all business units. CEO Stephan de La Faverie attributed the performance to a pronounced global trend of younger consumers entering the fragrance market, with key brands like Tom Ford a

Chip technology company Marvell Technology (MRVL) announced on November 3 that it would acquire data center photonics technology producer Lumentum Holdings in an all-stock deal valued at $115 billion; following the announcement, Marvell shares fell nearly 13%. Bank of America analysts lowered their price target for MRVL from $400 to $225. Marvell announces $115 billion all-stock acquisition of Lumentum; shares fall nearly 13% after announcement Marvell Technology announced it would acquire data

According to Yahoo Finance, Estée Lauder (NYSE: EL) reported on November 2 that its Q1 perfume division net sales surged 20% year-over-year, the company's fastest-growing segment. The beauty giant delivered adjusted EPS of $0.72, beating consensus of $0.51, with revenue reaching $3.72 billion versus expected $3.65 billion. CEO Stéphane de la Faverie attributed growth to younger consumers increasingly diversifying fragrance portfolios across occasions. Luxury brands including Le Labo, Tom Ford, a

South Korea's carbon credit prices have surged to 30,000 won per ton as the country enters Phase 4 of its emissions trading system (K-ETS) covering 2026-2030. The price increase stems from the government's decision to reduce annual emission allowance quotas by 5-6% each year during Phase 4,

According to Yonhap Infomax, South Korea's carbon emission allowance (26-vintage) reached 30,000 won per ton on November 3, marking a 250 won decline from October 30. The Phase 4 emissions trading scheme (2026-2030) has begun with annual allocation decreases, pushing prices to their highest

According to CNBC analysis of data from 1980 to 2024, the S&P 500 index rose an average of 13.7% in the year following U.S. midterm elections. The index showed even stronger performance when power was divided between the executive branch and Congress—averaging 15% gains across 15 such elections,