Global TradFi & Macroeconomics

Fitch Ratings assessed that recent Korean stock market volatility poses limited short-term credit risk to the financial sector in a report released on the 5th local time. The rating agency identified investment sentiment, housing markets, and financial company profitability as the primary

According to SMM, Indonesia's largest nickel ore supplier Weda Bay Nickel (WBN) has been approved for approximately 25 million additional tons of wet nickel ore RKAB quota for the second half of 2026, bringing its annual quota to about 37 million tons. The Indonesian Ministry of Energy and

Goldman Sachs on August 6 maintained its 12-month KOSPI target index of 12,000 points and Overweight investment rating, stating the current market reflects excessive pessimism relative to fundamentals. Timothy Moe, Goldman Sachs Chief Asia-Pacific Equity Strategist, issued a report titled 'Korea:

SoundHound AI, Inc. (SOUN) stock surged 24% overnight heading into Thursday after the voice-AI company reported Q2 revenue of $61.9 million, a 45% year-over-year increase that exceeded the $52.39 million Wall Street consensus. The company posted an adjusted loss of $0.02 per share, narrower than the

Goldman Sachs initiated coverage of SanDisk with a Buy rating on August 5, setting a target price of $2,200, implying approximately 54% upside. In the second quarter, SanDisk posted revenue of $89.7 billion, beating Goldman Sachs' forecast by 1.4% and consensus estimates by 2.9%, with a gross

According to Guru Club, on June 4, Indonesia's benchmark stock index fell 4.2% to 5688.574 points, marking its lowest level since December 2020.

Yesterday (August 5), Bitcoin spot ETFs recorded net inflows of $244 million, marking the third consecutive day of inflows. Ethereum spot ETFs saw net inflows of $60.86 million, with BlackRock's ETHA leading at $50.34 million. Meanwhile, Uniswap's Launchpad Pools deployed over 12,000 tokens on its f

According to Gate, gold (XAUUSD) pulled back to $4,250 per ounce and is now trading at $4,248.74, up 2.6% over the past 24 hours.

According to Korea Exchange (KRX) data from August 5, following regulatory tightening on single-stock leveraged ETFs in mid-July, Korean individual investors have rapidly shifted funds to U.S. leveraged ETFs. Trading volume of South Korea's 16 listed single-stock leveraged and inverse ETFs

According to Goldman Sachs, the firm maintained its 12-month KOSPI target at 12,000 on August 4, despite recent market weakness. Strategists including Timothy Moe characterized the ongoing selloff as a temporary correction within a broader bull market, rather than a reversal in the long-term

According to BlockBeats, on August 6, JPMorgan Chase raised its eBay (EBAY.O) target price from $100 to $107.

Japan's largest power company Japex agreed to acquire U.S. oil and gas company Fundare for $320 million. The acquisition marks Japex's expanded investment in North American energy assets.

CJ ENM reported improved profitability in the second quarter, driven by content competitiveness and platform expansion. The company announced on the 6th that consolidated revenue reached 1.203 trillion won with operating profit of 33.4 billion won for the quarter. The profitability improvement was l

South Korea's construction sector led all KRX industry indices in early August, surging 16.15% over three days according to Korea Exchange data. The KRX Construction Index rose from 1130.27 to 1312.85 between August 3-5, driven by AI data center and power plant contract expectations plus strong

According to U.S. Energy Information Administration (EIA) data released on Aug 6, American strategic petroleum reserves reached their lowest level since February 1983 during the week, driven by ongoing geopolitical pressures and energy demand. In the same period, U.S. weekly diesel exports surged to

According to News1 and Korea Exchange data, South Korea's KRX Construction Index jumped 16.15% from August 3–5, rising from 1130.27 to 1312.85 points—the strongest sectoral performance in August. Major builders posted significant gains: GS Engineering & Construction climbed 32.84%, Daewoo E&C

Oil prices have declined following reports of renewed diplomatic efforts between Iran and Oman aimed at facilitating a potential peace deal between the United States and Iran. According to prediction markets, the talks have increased optimism for a US-Iran diplomatic meeting by August 31, 2026,

Eight major shipping groups have appealed to the United Nations to intervene and block Iran's imposition of tolls in the Strait of Hormuz, according to reports from social media. The appeal stems from concerns that such fees could disrupt a critical global shipping route for oil and LNG traffic. The

RENK Group reported first-half 2026 orders of €1.2 billion, surpassing market expectations of €1.13 billion and marking 30% year-over-year growth. Adjusted EBIT reached €98.2 million, up 10% YoY and slightly above the €98 million forecast. Revenue came in at €637.2 million, up 2.8% but slightly

Mastercard completed its acquisition of BVNK, a London-based stablecoin infrastructure provider founded in 2021. The deal, announced in March, was valued at up to $1.8 billion including $300 million in contingent payments. BVNK's technology allows businesses to send, receive, store and convert