Global TradFi & Macroeconomics

The onshore yuan closed at 6.7037 against the U.S. dollar on September 29 at 4:30 p.m., appreciating 91 pips from the previous trading day.

According to Zhitong Caijing, Wootek Technology (06802) will list on the Hong Kong Stock Exchange on September 30. In today's pre-board trading, the stock traded at 150.1 HKD per share according to Jefferies Dark Board data, representing a 155.06% gain from the IPO price of 58.85 HKD. Each lot

According to Zhitong Finance, on Sept. 29, the Hang Seng Index declined 0.48% or 118.94 points, closing at 24,523.57 points with daily turnover of 184.63 billion Hong Kong dollars. The Hang Seng China Enterprises Index fell 0.46% to 8,178.81 points, while the Hang Seng Tech Index dropped 1.08% to 4,

According to Odaily, shareholders of The Smarter Web Company recently approved the launch of MORE, the UK's first bitcoin-backed preferred stock. The company plans to raise $20 million to $33 million through an initial public offering to purchase additional bitcoin and fund cash-generating

According to Jin10 data, China's central bank and eight other departments today issued guidance to support financing for eligible service industry enterprises through bond issuance. The policy aims to strengthen long-term financing for emerging technologies. Hong Kong's government today issued

According to UK central bank data released in August, consumer credit reached £2.464 billion, exceeding the forecast of £1.9 billion. The previous month's figure was revised upward to £2.097 billion from the initially reported £2.006 billion.

Kwon Min-kyung, a senior researcher at the Capital Market Institute, presented findings on the 29th at Korea Premium Week 2026 showing that passive funds and ETFs now account for 78.5% of Korean equity public funds, up from 17.2% at end-2010, a ratio exceeding the United States' 64.1%. The rapid

Strategy purchased 1,665 Bitcoin for $142.7 million between May 21-27, according to an SEC filing disclosed on May 28. The purchase at an average price of $85,681 per coin brings the company's total Bitcoin holdings to 847,666 BTC, surpassing its previous record of 847,363 BTC set on June 22. The ac

Kiwoom Securities, Korea's leading retail brokerage, will launch direct US stock trading services through its New York office in October, according to Lee Yun-gu, head of the firm's New York office, in an interview on May 15 local time in Manhattan. The move aims to provide differentiated US stock i

Korean securities firms operating in New York reported a surge in foreign investor inquiries about Korean stocks this year, following the opening of foreign omnibus accounts. NH Investment & Securities NY branch head Jin Sang-won stated that at least one to two inquiries from major overseas investor

Korea Exchange announced on the 29th at 'Korea Premium Week 2026' that the introduction of the KOSDAQ segment system, which will categorize KOSDAQ stocks into premium and general tiers, has been postponed to next year. The exchange stated it will hold a public hearing in the 4th quarter this year be

According to BlockBeats citing BIT trading data, crypto-related stocks rose in U.S. premarket trading on September 29. Strategy (MSTR) traded at $159.420, up 1.45%; Circle (CRCL) at $86.497, up 0.81%; Bitmine Immersion (BMNR) at $27.491, up 2.42%; SharpLink (SBET) at $9.630, up 1.37%. Most

According to Foresight News, Kakao Pay has signed separate memorandums of understanding with Ondo Finance and Dinari to jointly research offshore distribution and tokenization of Korean-listed stocks, the Seoul Economic Daily reported. The parties plan to establish a joint working group this year to

Align Partners Asset Management filed a lawsuit on September 28 requesting a court-appointed inspector for Gabia's extraordinary shareholder meeting scheduled for October 8, escalating the corporate control dispute despite Macquarie Asset Management's failed tender offer. The lawsuit followed Gabia'

According to Money Today reporters who visited New York from September 14-17, foreign institutional investors' interest in Korean stocks surged significantly this year, with major funds inquiring about Korean market investments at least once or twice weekly. Investors are expanding beyond

According to financial sector reports, Gwangju Bank raised its 1-year fixed deposit rate to 4.04% on September 29, marking the first time in over two years that South Korean banks offered rates exceeding 4%. The bank increased the rate by 0.02 percentage points from the previous day's 4.02%. The rat