Global TradFi & Macroeconomics

According to The First Financial on May 28, Futu and Longbridge have launched cleanup operations targeting accounts opened with false documentation and empty accounts with no assets or positions. Both platforms are processing account closures for these two account types. Futu's app has added a

According to Shanghai Steel Union data, MMLC battery-grade lithium carbonate (early session) was quoted at 175,550 yuan/ton today, up 100 yuan/ton from yesterday's 4:30 p.m. price.

Samsung Electronics narrowed its global market capitalization ranking gap with Bitcoin to just one position as of January 28, according to data from CompaniesMarketCap. Bitcoin held 13th place globally with a market cap of approximately $1.489 trillion (₩2,240 trillion), while Samsung Electronics ra

According to CompaniesMarketCap, on May 28, Bitcoin's market capitalization reached approximately $1.489 trillion, ranking 13th among global assets, while Samsung Electronics held 14th place with a market cap of $1.33 trillion. The two assets narrowed their ranking gap to one

According to Odaily, Zhipu (02513.HK) stock rose nearly 4% intraday on May 28, reaching an intraday high of 1,500 Hong Kong dollars and setting a new all-time high.

According to Jin10, Federal Reserve official Goolsbee stated on May 28 that heightened expectations for future productivity growth could require rate hikes in the United States and other countries.

According to Reuters, Newcleo announced on May 28 that it has agreed to merge with NewHold Investment Corp III to list on Nasdaq. The merger is expected to value the Italian nuclear company at $2.4 billion, with total proceeds reaching up to $429 million. The transaction is anticipated to close in t

According to Jin10 Futures, as of 10:15 on May 28, the CNEX broad-based sentiment index for yuan liquidity reported 49, up 1 point from 08:45. The sub-indices for large banks, mid-sized banks, and non-bank institutions stood at 47, 50, and 48 respectively, each rising 1 point. The index, ranging fro

According to Jin10, Shanghai gold traded at 963.14 yuan per gram in early trading on May 28 (Thursday), showing a premium of 2.7 yuan per gram above the international gold price of 960.44 yuan per gram.

According to Jin10 on May 28, Chicago Federal Reserve President Austan Goolsbee said on Thursday that energy inflation related to the Iran conflict has persisted longer than anticipated, imposing a "stagflation shock" on Asian economies. Speaking at a Bank of Japan Financial Research Institute

According to Guru Club, spot gold fell below $4,400 per ounce today (May 28), marking the first decline to this level since March 27. The precious metal dropped more than $50 intraday, representing a 1.25% decline.

According to Jin10 Futures, as of May 28 at 10:13, China's futures market saw significant inflows and outflows across major contracts. Lithium carbonate (LI2609) received 624 million yuan in inflows, followed by Shanghai silver (AG2608) at 444 million yuan, and PTA (PTA2609) at 398 million yuan.

According to Jin10, spot gold broke below $4,400 per ounce on May 28 for the first time since March 27, declining over $50 intraday or 1.25%.

According to Michio Saito, senior economist at Nomura Capital Market Research, Middle East tensions could complicate Japan's path to rate hikes. Swap market pricing shows traders expect a 75% probability of a June rate increase and 92% by July. However, Saito—a former key Japanese Finance Ministry o

According to an exclusive Tech in Asia interview with founder Sandeep Aggarwal, Droom seeks to raise between $20 million and $50 million at a pre-money valuation of $430 million, aiming to turn profitable this fiscal year. The Gurugram-based online automobile marketplace reported monthly gross

U.S. President Trump posted on Truth Social on May 28, claiming that former SEC Chair Gary Gensler and his so-called “anti-crypto army” nearly destroyed the U.S. crypto industry, but that he saved it all. Trump pledged to develop a “future-facing” digital asset market structure framework, so that crypto opponents would not be able to easily overturn it, and said the United States has become the “crypto capital of the world.” Full verbatim excerpt of Trump’s Truth Social post In the post, Trump w

According to Jin10 Futures, as of May 28, Malaysia's palm oil exports remain weak with elevated near-term supply pressure, weighing on price momentum. However, pending details on Indonesia's export policy, expected increases in biofuel consumption in the second half, and potential production cuts

According to Jin10 Futures, on May 27, China's standard-grade cotton (Grade 3128B) traded at 17,597 yuan per ton, down 77 yuan from the previous week. Market weakness was attributed to strengthened domestic policy adjustment expectations coupled with declining crude oil

Opening The Depository Trust & Clearing Corporation (DTCC) announced on January 27 (local time) a partnership with the Stellar Development Foundation (SDF) to tokenize real-world assets (RWAs) held by its subsidiary, the Depository Trust Company (DTC), on the Stellar public blockchain. The

According to a May 27 statement, the U.S. Depository Trust Company (DTCC) announced a partnership with the Stellar Development Foundation to tokenize real-world assets held by its subsidiary DTC on the Stellar public blockchain. Target assets include Russell 1000 constituents, major index ETFs,