Global TradFi & Macroeconomics

According to Reuters, Jane Street recorded a $15 billion monthly trading loss in July, marking the major market maker's first negative monthly trading result in a decade. The loss stemmed from the company's exposure to the Situational Awareness hedge fund, led by OpenAI researcher Leopold

Online fast-fashion platform Shein plans to begin accepting subscriptions from Hong Kong IPO investors in late August, targeting a valuation of more than $30 billion. If achieved, this would surpass H&M’s market cap of approximately $26 billion but remain far below Inditex’s valuation of approximately $208 billion. Internal documents obtained by the South China Morning Post show that Shein’s FY2025–2028 net profit CAGR is projected at 12%. Shein’s LATR Model and Inventory Turnover Figures Shein

According to NYT, the 60-day negotiation deadline for the U.S.-Iran ceasefire agreement ended on August 17, shifting the conflict from diplomatic talks to economic pressure and endurance. The two sides remain deadlocked over Hormuz Strait reopening conditions: the U.S. demands Iran lift its

According to supply chain sources reported by Pear Video, Apple plans to complete a global price increase for the iPhone 17 series by the end of August 2026. The price hike will not exceed 1,000 yuan per unit and will follow the pricing adjustments applied in the Japan market on July 18, marking App

According to TD Cowen, on August 17, the investment bank raised Berkshire Hathaway's price target from $481 to $529, representing an approximately 10% increase.

Thailand's SET Index rose 1.1% during intraday trading on August 17.

According to Guru Club, on August 17, London Metal Exchange (LME) copper spot premium expanded to an abnormal level, reaching $478 per ton above three-month contracts—the highest spread since the 2021 squeeze event. The backwardation structure reflects tight near-term supply relative to

According to Zhitong Finance, China Lilang (01234) released interim results for the six months ended June 30, 2026, on August 17. The company reported revenue of RMB 20.65 billion, up 19.5% year-over-year, while profit attributable to

China Lilang (01234) will distribute an interim dividend of HK$0.1 per share on September 23, 2026, according to the company announcement. The dividend covers the six-month period ending June 30, 2026.

China Linglong (01234) will distribute a special dividend of HK$0.04 per share on September 23, 2026, according to its announcement.

According to Financial News, South Korea's Korea Exchange (KRX) will officially open a new securities market dedicated to fractional investment products on November 16, 2026. The market will enable individual investors to buy and sell fractional stakes in diverse assets—including real estate,

According to Coinglass, the Crypto Fear and Greed Index stood at 30 as of August 17, down 5 points from yesterday. The 7-day average was 30, while the 30-day average was 28.

Japan's 30-year government bond yield climbed 5.5 basis points to 4.065% on August 17.

Japan's tertiary industry activity index declined to -0.2% month-over-month in June, reversing from growth of 1.10% in the preceding month.

Securities firms acting as liquidity providers (LPs) for exchange-traded funds (ETFs) face increased operational burdens starting May 19 as deviation rate management standards tighten. Domestic asset-based ETF deviation rate limits drop from 3% to 2%, while overseas asset-based products see limits r

Japan's industrial production posted a year-on-year final reading of 4.9% in June, up from the previous figure of 4.2%, according to official data.

Samsung SDI, L&F, and other Korean battery stocks posted sharp gains this month, with L&F rising 49.7%, Samsung SDI climbing 30%, and POSCO Future M advancing 23.8%, according to MPDoctor data. The rally reflects growing expectations that the secondary battery sector is exiting a prolonged

According to EdailyNews, South Korean battery makers including Samsung SDI, L&F, and POSCO Future M surged this month as energy storage system (ESS) and AI data center power demands reshape the industry. L&F jumped 49.7%, Samsung SDI rose 30%, and POSCO Future M climbed 23.8% in August. Driven by E

According to E Daily, from August 19, South Korean authorities are tightening liquidity provider (LP) obligations for ETFs and ETNs. Domestic asset-based products' tracking error management standard will fall to 2% from 3%, while overseas-focused products drop to 5% from 6%. LPs are responsible for

According to Zhong An Group's filing, the company expected a mid-year loss of up to 224 million yuan for the six months ended June 30, 2026, compared to a profit of 64.6 million yuan in the same period of 2025. The shift to loss was mainly attributed to a more than 70% decline in property delivery a