Global TradFi & Macroeconomics

According to Qiao Lian, major steelmakers in Tangshan, Tianjin, and Zhangjiakou cut coke prices on September 30. Wet quenched coke prices fell 100 yuan/ton, while dry quenched coke fell 110 yuan/ton, effective

Hana Securities forecasts LX International's third-quarter earnings will surpass market expectations, driven by rising energy commodity prices and strengthening shipping rates. Analyst Yu Jae-seon stated in a report on the 30th that the company's Q3 revenue is projected to increase 12.8% year-over-y

KB Securities downgraded the target price for Grand Korea Leisure (GKL) stocks from 13,000 won to 10,000 won on the 30th, citing long-term growth uncertainties and the need for capital expenditure. The brokerage maintained its 'Hold' rating while noting that GKL's stock price has declined despite th

Gigabis, a semiconductor substrate inspection equipment company, secured over 100 billion won in new orders during Q3, prompting Meritz Securities analyst Yang Seung-soo to raise the target price to 200,000 won from 190,000 won on the 30th. The upgrade reflects a 7.7% increase in the 2027 EPS

KB Securities downgraded Grand Korea Leisure (GKL) stock target price to 10,000 won from 13,000 won on the 30th, while maintaining a 'hold' investment rating. Analyst Choi Yong-hyun cited long-term growth uncertainties and the need for capital expenditure (CAPEX) as the company faces aging

According to Daishin Securities analyst Ho Min-ho, Gaon Electric Wire & Cable received a BUY investment rating with a target price of 360,000 KRW, compared to the previous closing price of 314,500 KRW. The upgrade reflects expectations that busduct and medium-low voltage cable revenues will

According to Hana Securities analyst Yoo Jae-seon on September 30, LX International's third-quarter operating profit is expected to surge 109.8% year-over-year, with revenue rising 12.8%. The outlook is driven by strong energy commodity prices and elevated shipping rates. The analyst noted that risi

According to KB Securities, the brokerage downgraded Grand Korea Leisure's target price to 10,000 Korean won from 13,000 won on September 30, citing long-term growth uncertainty. Analyst Choi Yong-hyun noted that while GKL maintains mid-single-digit annual revenue growth and a 50% shareholder

DS Securities raised its target price for Innocean Korean Stocks from 25,000 won to 28,000 won, a 12% increase, on the 30th while maintaining a 'buy' rating. Analyst Jang Ji-hye attributed the upgrade to upward revisions in performance estimates for the advertising agency. Innocean has maintained a

DS Securities raised its target price for Innocean stocks from 25,000 won to 28,000 won, a 12% increase, on the 30th, while maintaining its 'buy' investment rating. Analyst Jang Ji-hye attributed the adjustment to upward revisions in earnings estimates, noting that Innocean has maintained a 40%

LG Innotek is negotiating long-term supply agreements (LTA) with major clients for 3-5 year volumes starting post-2028, according to Daol Investment & Securities analyst Kim Yeon-mi on the 30th. The contracts focus on production capacity (CAPA) allocation and are being discussed to include penalty c

Multiple Wall Street investment banks issued stock analyses recently, focusing on tech and non-tech companies' growth potential. Since late July, large-cap growth and tech stocks rose 14% while the rest of the S&P 500 declined 3%, according to Deutsche Bank data. Analysts from Citi, Bank of

According to DS Securities, the brokerage raised its target price for South Korean advertising company Innocean to 28,000 Korean won from 25,000 won on September 30, representing a 12% increase, while maintaining a buy rating. Analyst Jang Ji-hye attributed the upgrade to rising earnings estimates a

According to Daol Investment & Securities on Sept 30, LG Innotek is in talks with major customers for long-term supply agreements covering 3-5 years of capacity starting 2028. The company plans to begin with general server CPUs before expanding into high-end server CPU packaging. Daol lowered its ta

According to Yonhap Infomax, South Korea's 3-year government bond futures rose 3 basis points to 102.22 in overnight trading on September 30, while 10-year futures gained 9 basis points to 103.95. Meanwhile, U.S. 10-year Treasury yields climbed to 5.294%, marking the highest level since June 2007.

The People's Bank of China cut the secured lending facility (PSL) rate by 25 basis points to 1.5% on Sept. 30, reducing the one-year PSL rate from 1.75%. This marks an adjustment to monetary policy tools aimed at supporting economic

According to CNBC's analysis of financial disclosures, Trump's municipal bond portfolio has grown to over 1,000 positions valued between $300 million and $1 billion. Some holdings are tied to cities, hospitals, schools, utilities, and facilities directly affected by Trump administration policies, in

NH Investment & Securities maintained a 'Buy' rating and 3.4 million won target price for SK Hynix on the 30th, projecting continued memory demand growth driven by artificial intelligence expansion despite concerns over high-bandwidth memory contract and quality issues. Analyst Ryu Young-ho stated t

According to CNBC, Carnival Corporation (NYSE:CCL) reported third-quarter adjusted earnings per share of $1.43 on September 30, beating consensus expectations of $1.35. Revenue for the quarter reached $8.44 billion, up 3.5% year-over-year and surpassing the market consensus of $8.39 billion,

Samsung Electro-Mechanics announced on the 28th a 6.78 trillion won investment to expand production capacity for high-value semiconductor package substrates, prompting nine securities firms to issue 'buy' ratings on the 30th. The investment allocates 4.27 trillion won to build a new fabrication