Global TradFi & Macroeconomics

SK Group Chairman Chey Tae-won sold 1,653,924 shares in SK Inc. to raise funds for a $679 million divorce settlement payment to Roh Soh-yeong, director of Art Center Nabi, according to a stock disposal filing posted November 5 on the Financial Supervisory Service's electronic disclosure system.

According to Taiwan Times, Qiyi Xin (stock code 7848) priced 4.5 million shares at 249.65 yuan each for its pre-listing capital increase on November 5. The public subscription period runs from November 4 to November 6, with the final price set through a competitive bidding process, where the

Asian government bond yields declined on November 5th as US Treasury yields extended losses alongside Japanese and Australian bonds. Risk-off sentiment intensified following the US midterm election results and a sharp drop in crude oil prices, driving investors toward safe-haven assets. The moves re

Taiwan's foreign exchange reserves declined to $596.44 billion in October, down from $600.75 billion in September. The monthly decrease of $4.31 billion marks a 0.72% decline from the previous month.

According to ChainCatcher, Foxconn reported October revenue of 1.31 trillion Taiwan dollars (approximately $39.7 billion) in October, up 46% year-over-year. Cloud computing and networking businesses drove the growth, fueled by strong demand for AI

Netmarble reported Q3 revenue of 634.7 billion won and operating profit of 50.4 billion won on the 5th, with both figures declining due to delayed new game releases. Revenue decreased 8.8% year-over-year while operating profit fell 44.6%, missing analyst consensus estimates of 717.7 billion won in r

According to BlockBeats, on November 5, South Korea's KOSPI and KOSDAQ indices both triggered circuit breakers after falling 5.5% and 5.11% respectively, amid concerns over potential data center regulation tightening following U.S. midterm election results. Semiconductor stocks led declines, with S

According to Yonhap Infomax, Netmarble reported Q3 revenue of 634.7 billion Korean won on November 5, down 8.8% year-over-year, with operating profit declining 44.6% to 50.4 billion Korean won. The results missed analyst expectations, which had forecast Q3 revenue of 717.7 billion Korean won and ope

China Steel Corporation (stock code 2002-TW) announced on the 5th a December pricing adjustment for its monthly contract steel products, raising prices by NT$300 per ton. The increase reflects strengthening international steel prices in certain markets and continued growth in downstream export

According to Jin10, Hong Kong's Hang Seng Index surged 3.67% to close at 24,796.98 points on November 5, while the Hang Seng Tech Index rose 5.55% to 4,154.29 points. The market saw significant volume expansion, with trading turnover reaching 356.67

South Korean defense companies including Hanwha Aerospace, LIG D&A, Hyundai Rotem, and Korea Aerospace experienced a sharp stock sell-off this year, with their combined market value plunging to about 62 trillion won ($46.18 billion) as of end-October from a 52-week peak of 170 trillion won,

According to Citigroup, the bank expects gold prices to reach $4,500 per ounce within 0 to 3 months, and $5,000 per ounce within 6 to 12 months. Meanwhile, Goldman Sachs noted that U.S. midterm election results could accelerate capital expenditure growth among technology companies into 2027.

According to WuBlockchain, Fidelity's spot Bitcoin ETF (FBTC) recorded $237 million in inflows on November 4, while U.S. spot Bitcoin ETFs captured $74.57 million in net inflows overall. Spot Ether ETFs also turned positive with $53.02 million in inflows, signaling a shift in institutional

According to Jin10, on November 5, European natural gas futures fell for a fourth consecutive trading day as markets bet that a Democratic sweep in U.S. midterm elections could accelerate Middle East conflict resolution, with prices down 18% week-to-date. The Middle East conflict has removed

On November 3, the People's Bank of China and Bank Indonesia held a joint working mechanism conference. Deputy Governors Xuanchang Xuanchang and Thomas Giwan Donoto attended, and both sides exchanged views on cooperation progress and priorities for bilateral financial

According to Jin10 Futures, the CNEX market-wide sentiment index fell to 50 as of 4 p.m. on November 5, down 1 point from 2:30 p.m. Large banks, mid-sized banks, and non-bank institutions reported sentiment indices of 47, 50, and 52 respectively, each declining 1 point. The index ranges from 0 to 10

According to Singapore's Economic Development Board, middle distillate oil inventories declined 472,000 barrels to 8.03 million barrels, the lowest level in 9 weeks, as of the week ended November 4.

European stock indices opened higher on November 5, with the DAX up 0.05%, the FTSE 100 rising 0.95%, the CAC 40 gaining 1.01%, and the Stoxx Europe 50 advancing 0.32%.

According to Singapore's Economic Development Board (EDB), light distillates inventory declined by 221,000 barrels to 11.083 million barrels for the week ending November 4, reaching a two-week low.

According to CryptoQuant analyst Darkfost, the 90-day rolling correlation between Bitcoin and S&P 500 returns surpassed zero for the first time since 2015, reaching a cumulative Z-score of 98.5 on November 5. A Z-score above zero indicates elevated correlation compared to historical averages,