Global TradFi & Macroeconomics

According to Yonhap Infomax, Japan's Nikkei 225 index rose 370.58 points (0.56%) to 66,502.56 as of 9:13 AM on Aug 28, while the TOPIX index gained 26.46 points (0.64%) to 4,143.68. The rally was supported by overnight optimism from Nvidia's earnings outlook on Wall Street, though Jackson Hole

South Korea's KOSPI index declined 79.17 points on the morning of August 28 amid foreign investor selling pressure, as markets awaited Federal Reserve Chair Kevin Walsh's Jackson Hole speech scheduled for later today. The market has adopted a cautious stance ahead of the Fed address. Domestic

According to The Fact, South Korean individual investors' margin trading debt surged to 33 trillion won three weeks after August's low, with borrowing costs rising to as high as 9% annually depending on customer tier and tenure. The debt increased by 5.7 trillion won in the three-week period,

According to Jin10, Shanghai gold quoted at 989.36 yuan per gram in early trading on Friday, August 28, trailing the international spot gold price of approximately 989.8 yuan per gram by 0.44 yuan.

According to Jin10 data, the Philippine peso broke the 1 USD = 62 PHP level on Friday, hitting a historic low of 1 USD = 62.25 PHP with a 0.6% decline. Traders are now watching for potential central bank intervention, with Sumitomo Mitsui Bank and Philippine China Bank previously marking 62 as a

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