Global TradFi & Macroeconomics

Choi Hee-moon served as CEO of Meritz Securities for 165 months from February 2010 to November 2023, setting a record as the longest-serving chief executive in Korean securities industry history. The tenure surpassed the previous record of 153 months held by former Kyobo Securities President Kim

According to Korea Exchange, KOSPI closed at 6835.80 on September 1, up 15.78 points (0.23%), rebounding from early session losses despite net selling by foreign and institutional investors. The index fell as low as 6732.47 in morning trading, down 1.28% from the previous close, before

Switzerland's manufacturing PMI rose to 57.1 in August, according to official economic data, beating the expected 53.5 and the previous month's reading of 53.2.

According to Guru Club, on June 4, Indonesia's benchmark stock index fell 4.2% to 5,688.574 points, marking its lowest level since December 2020.

Switzerland's SVME purchasing managers index reached 57.1 in August, exceeding expectations of 54.2 and up from 53.2 in July.

According to the Korea Fair Trade Commission on September 1, TPG-affiliated Lexicon Korea Holdings received approval to acquire a 61.17% stake in Lotte Rental with no identified competitive concerns. The regulator determined that TPG's private equity operations and infant nutrition business have no

Hanjin KAL and Korea Zinc saw their corporate control disputes reignite, affecting stock prices on September 1. Hoban Construction increased its Hanjin KAL stake to 20.15%, trailing Chairman Cho Won-tae's holdings by only 0.41 percentage points, while Korea Zinc faces a critical audit committee

According to MoneyToday, Hanjin Kal's second-largest shareholder has increased its stake to 20.15% as of September 1, narrowing the gap with the largest shareholder to just 0.41 percentage points, fueling market expectations of further acquisitions and potential control battle. Separately,

According to a forum held at South Korea's National Assembly on Sept 1, academics and industry officials raised concerns over the government's proposed consolidation of five state-owned power generators into a single entity. Soongsil University Professor Lee You-soo noted that the five companies

On Tuesday, SHEIN Global Holdings shares fell as much as 10% on their Hong Kong IPO debut, dropping from an opening price of HK$48.56 to an intraday low near HK$43.70 before recovering to close around HK$46.56, approximately 4% below the opening level. The IPO pricing of HK$48.56 was already below t

Brent crude gained over 1% intraday today, trading at $91.24 per barrel.

Take-Two Interactive (TTWO) shares fell 7% on Monday as investors took profits following the company's Friday rally tied to the new Grand Theft Auto VI extended gameplay reveal. Bank of America praised the footage released on Aug. 27 but said the presentation alone is unlikely to alter the

Spain's manufacturing PMI declined to 49.5 in August, falling short of the expected 50.3 and down from July's 50.2, signaling a contraction in the manufacturing sector.

According to Shanghai Futures Exchange, copper, aluminum, zinc, gold, and silver futures warehousing receipts showed mixed movements on September 1. Copper futures receipts fell to 29,766 tons, down 574 tons from the previous trading day. Aluminum dropped to 238,373 tons, declining 3,321 tons.

According to Jin10, the China Foreign Exchange Trade System released the Offshore RMB Foreign Exchange Business Guidelines today, September 1. The new guidelines specify offshore RMB trading hours as 07:00–03:00 Beijing time daily, with no trading on Saturdays, Sundays, or Chinese public holidays. T

According to Jin10 and Shanghai Futures Exchange data on September 1, pulp futures warehouse inventory increased to 387,339 tonnes, up 1,464 tonnes from the previous trading day. Petroleum bitumen futures warehouse inventory declined to 8,890 tonnes, down 1,000 tonnes. Inventory levels for fuel

According to Yonhapnews, on September 1, Samsung Electronics closed up 0.38% at 261,000 Korean won and SK Hynix gained 1.14% to 1,693,000 won after morning weakness, reversing earlier declines. Both chipmakers initially dropped following overnight U.S. stock market losses triggered by renewed