Global TradFi & Macroeconomics

KB Kookmin Bank economists projected on August 28 that the won will strengthen against the dollar as South Korea's central bank pursues rate hikes while the US Federal Reserve holds or cuts rates. The Bank of Korea raised its base rate to 3.00% with a 25 basis point increase at its August monetary p

CNBC's Jim Cramer stated on local time 27th that NVIDIA and Salesforce delivered strong quarterly earnings that refuted two prevailing bearish narratives about technology stocks on Wall Street. NVIDIA shares surged 8% and Salesforce shares jumped 22% following their after-market earnings

According to CNBC, CrowdStrike CEO George Kurtz said AI's rapid rise is exposing enterprise cybersecurity vulnerabilities, with even well-resourced companies struggling to defend themselves. Kurtz pointed to Anthropic's Mythos model, which has made cyberattacks faster and more complex. The growing t

Korean government bond futures opened lower on August 28, with 3-year futures falling 5 ticks to 103.46 and 10-year futures dropping 34 ticks to 105.99, according to Yonhap Infomax. The decline followed a slight rise in US Treasury yields overnight and market digestion of the September government bo

According to KB Kookmin Bank economists, South Korea's central bank raised the base rate by 25 basis points to 3.00% on August 28 in its second consecutive rate hike, citing preemptive response to inflation. The central bank also raised its economic growth forecasts for 2026

According to Yonhapnews, SK Telecom announced that it will spin off the data center and submarine cable business from its subsidiary SK Broadband to establish AI Data Center (AIDC) specialist company 'SK Horizon', raising 3.08 trillion won in combined funding from global private equity firm KKR and

Korean stocks fell over 1% on May 28 as the KOSPI index dropped 94.10 points (1.36%) to 6,818.27 by 10:46 AM local time, erasing the previous session's 1.53% gain. Foreign investors sold 396.5 billion won and institutions offloaded 52.1 billion won in net selling during morning trading. The

According to Reuters, on August 27, Nvidia reported second-quarter fiscal 2027 revenue of $96.21 billion, up 18% quarter-over-quarter and 106% year-over-year, beating expectations. Data center revenue reached $89 billion, up 117% annually. The company provided full-year 2028 guidance of

When a Bitcoin miner begins removing racks and power from mining machines and replacing them with NVIDIA GPUs, its financial results are bound to go through a painful transition period of being “neither here nor there.” IREN latest earnings report happens to capture a cross-section of this transition: quarterly AI Cloud revenue surpassed $70.5 million, overtaking Bitcoin mining for the first time, but the company’s total revenue declined sequentially, while adjusted EBITDA came in far below Wall

According to Okasan Securities economist Ko Nakayama, Tokyo's August consumer prices rose 1.9% year-over-year on August 28, up from 1.8% in July, reflecting mounting cost pressures from Middle East-driven oil price increases. Daily household goods including tissue paper, plastic bags, and food

According to CoinDesk’s report on Aug. 28, NBA star Kevin Durant’s early investment in Hugging Face through Thirty Five Ventures is estimated to have generated proceeds of more than $60 million following NVIDIA’s announcement that it had agreed to acquire Hugging Face for $12.9 billion. Hugging Face: From a Teen Chatbot to an Open-Source AI Platform Based on publicly available financial records, the timeline of Hugging Face’s funding rounds and Durant’s participation is as follows: 2018 Seed Rou

Japan's Chief Cabinet Secretary Minoru Kihara said today that if additional budget measures are necessary, they should be limited to emergency situations only. The statement reflects the government's cautious approach to fiscal policy amid economic

South Korea's 91-day Certificate of Deposit (CD) rate surged 15 basis points to 3.120% in a single day following the Bank of Korea's August rate hike, its second consecutive monthly increase after July. The jump narrowed the spread with 3-month AAA-rated bank

Japan's Ministry of Internal Affairs and Communications reported that Tokyo's August core consumer price index (CPI), excluding fresh food, rose 1.8% year-over-year, exceeding the market expectation of 1.7%. The increase was slightly lower than the previous month's 1.9% rise. Tokyo's core CPI has re

According to Yonhapinfomax, South Korea's Korea Investment Corporation (KIC) held the 31st New York Financial Forum on August 27 at the Consulate General of Korea in New York, bringing together Korean financial professionals and local

According to Financial Supervisory Service disclosures, private equity firm Glenwood Credit divested its entire 6.72% stake in South Korean cosmetics exporter SiliconToo (257720) via block deal yesterday, selling 4.404 million shares at 47,800 won per share for approximately 210.5 billion won. The f

According to Yonhapnews, on August 28, South Korea's CD (Negotiable Certificate of Deposit) rates surged 15 basis points to 3.120% following the Bank of Korea's back-to-back interest rate increases in July and August. The 91-day CD rate jump narrowed the spread against three-month bank bonds to

According to Japan's Ministry of Internal Affairs and Communications on August 28, Tokyo's core consumer price index (excluding fresh food) rose 1.8% year-over-year in August, exceeding market expectations of 1.7%. The core-core CPI (excluding fresh food and energy) increased 2.0%, unchanged from

South Korea's foreign exchange swap market is experiencing a dollar surplus and won shortage, which analysts say may become a variable at the Bank of Korea's October monetary policy committee meeting. The central bank raised its benchmark rate

Federal Reserve Chair Kevin Warsh faces calls from Wall Street experts to use his Jackson Hole symposium debut speech to clarify communication missteps from the July Federal Open Market Committee meeting. Former Dallas Federal Reserve President Robert Kaplan stated on '27일' through Yahoo Finance