Global TradFi & Macroeconomics

According to BlockBeats, on August 29, Zhou Chenggang, CEO of China Pacific Insurance Investment Management (Hong Kong), stated that RWA tokens fundamentally differ from blockchain-native assets like Bitcoin. RWA tokens are not assets themselves but merely on-chain certificates representing

According to market reports, the S&P 500 rose 0.5% this week ending August 29, with the index nearly flat over the past three weeks. Nvidia delivered strong earnings on Thursday, August 27, with revenue growth of 106% year-over-year and gross margins holding at 75%; the stock surged 9% following the

According to financial industry sources, Samsung Electronics is set to distribute approximately 30 trillion Korean won in cash dividends in the third quarter, including a regular quarterly dividend of about 2.45 trillion won and a special dividend of approximately 27.55 trillion won. On August 29, t

According to Kitco News, the U.S. Bureau of Labor Statistics announced on Friday that the preliminary Current Employment Statistics benchmark revision showed total nonfarm employment was revised down 79,000 (-0.1%) for the 12 months ending March 2026, with private employment revised down 178,000 (-0

According to Jin10, China's largest DRAM maker CXMT reported H1 2026 revenue nearly 10 times higher than the same period last year, driven by surging memory demand from AI industry expansion and rising DRAM prices. The company swung to a profit of approximately 16 trillion Korean won in the first ha

On Aug. 29, Mastercard joined the XRP Ledger Hackathon in New York scheduled for Oct. 24-25 as a sponsor, according to XRPL Commons. The 36-hour event precedes Ripple's Swell conference and will focus on protocol development, agentic finance and lending. Mastercard's involvement extends beyond the d

According to CCTV Finance, COMEX gold futures fell 3.43% to $4,504.10 per ounce on August 28, triggering sharp price cuts across Chinese jewelry brands on August 29. Chow Sang Sang gold jewelry dropped to 1,344 yuan per gram (down 37 yuan), Laomiao to 1,345 yuan per gram (down 39 yuan), and Lao

According to Evercore ISI analyst Mark Mahaney, on May 1 the firm raised its Amazon price target to $335, with AI-powered shopping assistant Rufus identified as a key growth driver. More than 250 million customers used Rufus in 2025, showing 60% higher purchase intent compared to non-users. Rufus c

According to LPL Financial chief economist Jeffrey Roach, Fed Chairman Kevin Warsh's Jackson Hole speech delivered today will likely be light on direct policy guidance, with important clues buried in footnotes, citations, and references. Roach noted that market participants should listen for

According to Jin10, on August 28, Changxin Memory filed a lawsuit against the U.S. Department of Defense in the U.S. District Court for the District of Columbia, challenging its placement on a "Chinese military company" list. The company, first listed in January 2025, stated it is not a military en

According to Korea Exchange, Hanwha stock rallied 3.61% to 134,900 won on Aug 28, marking its fourth consecutive day of gains since Aug 25, when it reopened following a corporate reorganization. The stock has climbed 34.1% from its Aug 25 opening price of 100,600 won. The gains reflect market

According to Federal Reserve Chair Kevin Warsh's Friday speech at the Jackson Hole Economic Symposium, the central bank views price stability as a greater concern than the slowing labor market. Warsh stated that the Fed's preferred inflation measure, the 12-month PCE price index, stands at 3.7%,

According to LS Securities Research Center, Japanese yen is expected to strengthen significantly starting from the middle of Q2 2027, recovering from current 40-year lows. Currently, the yen has weakened sharply, with the exchange rate at 862 Korean won per 100 yen and USD/JPY reaching 160, driven

According to Grayscale on Aug. 27, Bitcoin's 90-day correlation with gold climbed above 50% while its Nasdaq 100 correlation fell from over 60% to roughly 33%, citing Bloomberg data through Aug. 24. The shift reflects investors increasingly treating Bitcoin as a scarce monetary asset rather than a t

According to the U.S. Securities and Exchange Commission and Evernorth Holdings Inc., the SEC declared Evernorth's Form S-4 registration statement effective on Aug. 27, advancing the planned merger between Evernorth and Armada Acquisition Corp. II (Nasdaq: XRPN). The development clears the way for a

According to President Trump, the United States secured a majority stake in over 65 billion barrels of Venezuelan oil reserves yesterday (August 28). Trump announced the agreement on his TruthSocial account, calling it "the largest oil deal in world history." The transaction was conducted through

According to CCTV, Iran's President Pezeshkian said yesterday (Aug 28) that Iran will open the Strait of Hormuz if the United States lifts its maritime blockade, removes sanctions on Iranian oil and petrochemical products, unfreezes Iranian assets, begins investment, forces Israel to cease

South Korean retail investors have increased gold investments by 200 billion won recently as gold prices strengthen amid concerns over U.S. dollar purchasing power. The strength in gold follows the U.S. Treasury's expanded buyback program for long-term bonds, which has raised concerns about