Global TradFi & Macroeconomics

According to the Guangzhou Intermediate People's Court, on August 21, the court accepted a bankruptcy liquidation application against Evergrande Property Group Co., Ltd., filed by the Huaxia Branch of Guangzhou Rural Commercial Bank Co., Ltd. The applicant cited the company's inability to repay

From 00:00 to 04:00 (UTC) on August 21, 2026, BTC fluctuated upward in the short term, gaining 0.64%. Its price ranged from 73,020.4 to 73,497.6 USDT, with an amplitude of 0.65%. Over the 24-hour period, BTC rose 6.07% overall, rebounding from a low of $68,807 to $73,781 and approaching the intraday high of $73,890. Market attention increased significantly, and volatility intensified. The primary driver of this move was the liquidity-support signal from the U.S. Treasury’s bond buyback program.

According to Bitwise CEO on X, Bitwise ETFs recorded trading volumes exceeding $300 million for the second consecutive day on August 21. Bitwise Bitcoin ETF (BITB) led with approximately $106 million in daily trading volume, followed by the Bitwise XRP ETF (XRP) at around $82 million.

Walmart shares fell 10% on Thursday, 20 August, after the retailer missed quarterly comparable sales estimates. The slowdown came as shoppers pulled back on spending amid rising gasoline prices, while pricing pressure in Walmart's pharmacy business also weighed on US sales due to federal negotiations that resulted in lower drug prices.

French investment bank Natixis forecasts that the Democratic Party is positioned to gain control of the US House of Representatives in the upcoming November midterm elections, potentially leading to increased government fiscal spending. Christopher Hodge, Natixis' senior US economist, stated in a re

According to SEC filings disclosed by ChainCatcher, Robinhood CFO Verma Shiv and director Bhatt Baiju collectively sold over $5.25 million in company stock within 3 days from August 14-17. Verma Shiv sold 3,982 shares on August 17 at an average price of $95.07 per share, totaling

According to Yonhap Infomax, South Korea's benchmark inter-bank offered rates (KORIBOR) rose across all tenors on Aug 21. The 3-month KORIBOR climbed 2 basis points to 3.07%, marking the largest single-day move. Other key rates also increased: 1-month KORIBOR rose 1 basis point to 2.86%, 2-month

According to Electrek, Tesla halted production of solar roof tiles on August 21, citing economic challenges that made the business model difficult to sustain. The company discontinues the product line as it reassesses its energy-related business

Daesin Securities forecasted on August 21 that the USD/KRW exchange rate will fall to 1,350 won by year-end amid a dollar-selling dominant market. Analyst Lee Jung-hoon cited improved supply conditions in the second half and additional foreign exchange demand from semiconductor companies'

Daeshin Securities analyst Lee Jung-hoon forecasted on August 21 that the Korean won could strengthen to 1,350 per dollar by year-end amid improved dollar supply conditions. The currency was trading around 1,380 per dollar on the day. Lee attributed the won's strength to increased dollar sales by

Apple laid off at least 60 employees working on virtual reality efforts, according to AppleInsider, as the company scales back its Vision Pro headset focus ahead of a CEO transition on Sept. 1. The cuts affected workers across Apple's Vision Group and other VR-related positions, signaling a

According to AppleInsider, Apple laid off approximately 60 employees in its vision products group and VR-related positions on Thursday (August 20). The cuts signal a strategic shift away from the Vision Pro headset as the company redirects resources toward artificial intelligence, Siri, and

According to Jin10, Shanghai's Lingang New Area released its 15th Five-Year Development Plan on August 21, targeting 100 billion yuan in bonded maintenance imports and exports, and 50 billion US dollars in offshore trading transactions by 2030. The plan also emphasizes advancing offshore finance

According to Abbas Keshvani, head of Asia macro strategy at Royal Bank of Canada, Japan's inflation data supports the Bank of Japan's expected rate hike in September. Markets are pricing in a 20 basis point increase, Keshvani noted, adding that the BoJ signaled a more hawkish stance on inflation at

Bank of Korea Vice Governor Kwon Min-soo stated on May 21 that the recent decline in the dollar-won exchange rate was largely driven by short-term capital flows, though the fundamental direction remains downward. Kwon made the remarks during a post-appointment

Top 1% profit investors at Mirae Asset Securities net-bought Samsung Electronics, Samsung Electro-Mechanics, and LS on May 21 by 11:00 AM. Samsung Electronics traded at 278,500 won, up 2.77% from the previous trading day. The buying activity followed growing expectations that Samsung Electronics

According to Yonhapinfomax, on August 21, newly appointed Bank of Korea Deputy Governor Min-soo Kwon took office and stated he will not predetermine his monetary policy stance as hawkish or dovish, instead deciding based on economic data. In his first media comments, Kwon said the won-dollar

T. Rowe Price is acquiring F/M Investments, an independent asset manager that recently crossed $10 billion in ETF assets under management. The deal is designed to bolster T. Rowe Price's fixed income ETF and separately managed account capabilities. Institutional and retail demand has been surging in

According to Wired, a simulated cyberattack scenario highlighting China's potential to target U.S. civilian infrastructure has influenced market pricing for geopolitical risk. Market odds for a Chinese invasion of Taiwan by the end of 2027 rose from 12% to 13.5% over the past 24 hours, reflecting in