Global TradFi & Macroeconomics

South Korea's Deputy Prime Minister and Minister of Economy and Finance Koo Yoon-cheol announced plans to maximize housing supply through non-apartment housing and public rental options, with housing finance support measures to be unveiled soon. Speaking on YouTube channel SamproTV on the 9th, Koo s

According to South Korea's Deputy Prime Minister Koo Yun-chul, on August 9, the government's real estate tax reform will benefit most citizens, while increasing tax burdens on high-value properties and multi-property owners. The government plans to expand housing supply through non-apartment

Hewlett Packard Enterprise (HPE) saw its stock price surge more than 120% in 2024, ranking among the top performers in the S&P 500 index this year. The rally was driven by explosive earnings growth as corporate AI investments fueled demand for the company's enterprise servers, network equipment, sto

Corning stocks closed at $165.68 on local time, up 5.41%, as the materials and optics company recovers from a sharp decline triggered by cooled expectations for its AI data center optical communications business. The stock reached an all-time high of $271.78 on June 30 before plunging to an

According to NYSE data, Hewlett Packard Enterprise (HPE) stock rose to $53.22 on August 7, up 120.19% year-to-date from $24.17 on January 2, ranking among the top performers in the S&P 500. The surge reflects strong earnings driven by increased enterprise AI infrastructure spending. HPE reported

According to Maeil Business Newspaper, Corning Inc.'s stock fell approximately 40% from its June 30 peak of $271.78 to a low of $114.50 last month, but recovered to $165.68 on August 7 as market sentiment around AI data center optical fiber demand shifted. The company posted Q2 results on July 28

According to the Seoul Foreign Exchange Market, the KRW/USD exchange rate broke through the 1,420 won level—previously regarded as a key psychological resistance—and recorded its lowest level so far this year on August 7, reflecting Korean won strength. Market experts suggest entry into the 1,300 wo

According to Benzinga, U.S. nonfarm payrolls unexpectedly declined by 23,000 in July, contrary to market expectations for an increase of approximately 80,000. The government sector saw weak hiring, while private enterprises added only 30,000 positions, falling short of the expected 78,000. The

According to Jin10, Moore Threads' board of directors approved a proposal on August 9 to issue H shares and apply for listing on the Hong Kong Stock Exchange's main board. The company plans to select an appropriate timing and issuance window to complete the offering and listing within the validity p

According to BlockBeats, on August 9, Meleor Thread's board approved a plan to issue H-shares and list on Hong Kong Stock Exchange's main board. The company intends to apply for listing on the HKEx main board, selecting an appropriate timing and issuance window within the validity period of

Circle Internet Group (CRCL) maintained stable Q2 performance despite declining rates, driven by 20% year-over-year USDC circulation growth and cost efficiency gains. Reserve yield declines were offset by increased circulation volume. Samsung Securities analyst Hong Jin-hyun stated Circle remains th

SK Hynix announced a quarterly dividend of 375 won per share on the 7th and stated that an additional shareholder return plan will be finalized and announced in the third quarter. The company's stock fell 52.39% from its all-time high of 2,987,000 won on June 24 to 1,422,000 won on the 8th. The

According to Yonhapnews, South Korea's KOSPI index fell 5.1% last week while the KOSDAQ rose 10.98%, marking the seventh consecutive week of declines for KOSPI. Analysts expect the broader market to focus on U.S. inflation data this week, as interest rate stability and foreign investor inflows are s

According to Yonhap News, SK Hynix' stock fell to 1.422 million won on August 9, down 52.39% from its all-time high of 2.987 million won on June 24. The company announced a quarterly dividend of 375 won per share on August 7 and pledged to finalize and disclose an additional shareholder return

Berkshire Hathaway posted net income of $25.67 billion for the second quarter, more than double the year-earlier total of $12.37 billion, while its cash stockpile declined for the first time in over three years. The Omaha-based conglomerate held $364.7 billion in cash and Treasury bills at the end o

According to The Wall Street Journal, Berkshire Hathaway's cash reserves declined 4% to $364.7 billion at the end of June, marking the first quarterly drop in four years. The conglomerate posted net income of $25.67 billion for Q2, more than double the year-earlier $12.37 billion. The cash decline f

According to Houthi statements, on August 9, Yemen-based Houthi forces conducted a drone attack on Saudi Aramco's refinery located in Jizan, Saudi Arabia, claiming the strike successfully hit its target. The group stated the operation was in response to what it described as Saudi drone incursions in

Samsung Electronics and SK Hynix saw their combined share of KOSPI's total market capitalization fall to 48.95% as of the 7th, down from 54.04% on the 31st of last month. The two semiconductor giants, along with Samsung Electronics preferred shares, held a combined market cap of KRW 2,525.7338

Korean cosmetics stocks posted double-digit gains last week as the broader KOSPI index fell 5.10%. APR surged 20.16%, LG Household & Health Care climbed 16.20%, Kolmar Korea rose 12.08%, Cosmax advanced 11.26%, and Amorepacific gained 9.08% during the period. The gains were driven by improved

According to Korean Exchange, on August 7, Samsung Electronics and SK Hynix' combined market capitalization share in KOSPI fell to 48.95%, down 5.09 percentage points from 54.04% a week earlier. Non-semiconductor sectors gained strength, with construction rising 29.64%, machinery and equipment