Global TradFi & Macroeconomics

According to BizWatch, Wonik Holdings' investment in health and beauty platform Carelabs has lost 655 billion won in value since the January 2023 acquisition, with the stock price falling 84% to 1,925 won as of August 27. The holding company's current 32.73% stake is valued at just 120 billion won a

On Monday (August 31), the U.S. Dollar Index (DXY) declined 0.29% to 99.41, though it remained near a two-week high. The decline came as markets increased bets on a September rate hike following hawkish comments from Federal Reserve Chair Kevin Warsh, who said the Fed still has "work to do" if

The US dollar declined on August 31 afternoon, with the dollar-yen exchange rate falling 0.331 yen (0.207%) to 159.751 yen as of 4pm ET, while the Dollar Index dropped 0.232 points (0.233%) to 99.423. The decline occurred as the euro gained strength following Germany's August inflation data and

According to Yonhapinfomax, on August 31, the U.S. dollar weakened as the euro strengthened, partially reversing gains from Fed Chair Kevin Walsh's Jackson Hole speech. The Dollar Index (DXY), which tracks the dollar against six major currencies, fell 0.232 points to 99.423 as of 4 p.m. ET. Dollar-

According to financial sources, KBI Group extended its stock purchase agreement with Sangsangin Savings Bank on August 31, postponing the disposal deadline from today to September 21. The group also withdrew its stock acquisition approval application with financial regulators but said the contract r

US President Donald Trump stated on the 31st (local time) that US interest rates are too high and should be the lowest in the world, directly contradicting Fed Chair Kevin Warsh's recent hawkish stance. Trump made the remarks as 10-year US Treasury yields broke 4.75%, the highest level since

Samsung Biologics announced a 3 trillion won rights offering on the 28th last month to fund the Polypeptide Group acquisition. The company plans to issue 2.27 million common shares at 1.322 million won per share, allocating 2.7 trillion won to the PPG acquisition and approximately 295 billion won to

According to Guru Club, New York gold futures broke through $4,500 per ounce on September 1, gaining 0.42% during the session.

According to Wells Fargo strategists, the U.S. overnight repurchase agreement market concluded a period of stable funding conditions at month-end (August 31), despite increased Treasury bill supply flowing into markets since July. The bank projects this trend to extend through early September

According to remarks made at the White House on August 31, President Donald Trump expressed confidence in Federal Reserve Chair Kevin Wash and stated that U.S. interest rates are too high. Trump told reporters he respects Wash and believes the country should have the world's lowest rates, citing tha

The Bank of Korea raised its base rate by 0.25 percentage points to 3.00% on the 27th of last month in a back-to-back rate increase, while US Federal Reserve Chair Kevin Warsh signaled a hawkish stance at the Jackson Hole meeting on May 28 (local time), increasing pressure on Korean stocks. The rate

According to Newsis, South Korea's central bank raised its benchmark interest rate to 3.0% on August 27, marking its second consecutive rate hike. The back-to-back increases represent the first such move in 3.5 years. Meanwhile, Federal Reserve Chair Kevin Wash signaled a hawkish stance at the

According to Korean Economic TV, AI startup Anthropic is expected to file its IPO prospectus shortly after the U.S. Labor Day, as the Wall Street investment banking community anticipates an influx of capital into the AI infrastructure space. The company has disclosed a total addressable market

Bitwise's Solana staking ETF (BSOL) surpassed $1 billion in assets under management exactly 10 months after launch, making Solana the third cryptocurrency to achieve a billion-dollar ETF product alongside Bitcoin and Ether. The milestone came as SOL climbed 46% in August, rebounding from earlier

According to Bitwise, the firm's Solana Staking ETF, BSOL, crossed $1 billion in assets under management 10 months after its launch, making Solana the third cryptocurrency with a billion-dollar ETF product alongside Bitcoin and Ether. U.S. Solana ETFs now hold approximately $1.43 billion in

According to FinanceFeeds, PG&E shares fell approximately 20% on Monday, Aug 31, closing at $13.27 after California lawmakers passed Senate Bill 492 without including broader wildfire liability reforms. The legislation failed to implement insurer subrogation elimination, a key change the utility

According to CME FedWatch, as of September 1, the Federal Reserve has a 34.6% probability of holding rates steady in September and 65.4% probability of raising rates by 25 basis points. For October, the market is pricing in a 25.4% probability of no change, 57.2% probability of a 25 basis point

Korean preferred stocks trade at steep discounts to common shares, with Samsung Electronics preferred stock closing at 186,500 won on the referenced date, 28.3% below its common stock price of 260,000 won. The Korea Corporate Governance Forum held its 55th seminar at the Korea Financial Investment E

According to JPM's U.S. market intelligence team led by Andrew Tyler, the trading desk shifted away from its bullish short-term stance on U.S. stocks ahead of the Federal Reserve's policy meeting on September 16, citing rising uncertainty over rate prospects. Fed Chair Waller's hawkish comments

According to Dailian, Korean preferred shares faced significant price discounts today (August 31), with Samsung Electronics preferred shares trading at 28.3% below ordinary shares, Hyundai Motor at 52.8% lower, and LG Electronics at 65.2% lower. Experts speaking at a Korean Corporate Governance