Global TradFi & Macroeconomics

KOSPI decoupled from the S&P 500 in July, with their monthly correlation coefficient falling to 0.025 from 0.5 in February. Samsung Electronics and SK Hynix account for 52.30% of KOSPI's market capitalization as of the previous day's closing. This month through the previous day, the Philadelphia

According to South Korea's Financial Supervisory Service (FSC), on July 16, the regulator concluded its on-site inspection of Mirae Asset Securities regarding the SpaceX zero-share allocation incident after approximately one month. The FSC focused on investor protection during the investigation,

On July 16, MiniMax successfully issued HK$6.5 billion in guaranteed convertible bonds in the offshore debt market, according to system data. The initial conversion price was set at HK$335 per share, representing a 25% premium over the reference price of HK$268.

According to Herald Economy analysis, South Korea's KOSPI index has sharply decoupled from the U.S. S&P500 in July, with their monthly correlation coefficient falling to 0.025 from 0.5 in February, indicating a breakdown in synchronized movement. Samsung Electronics and SK Hynix now

The South Korea government is preparing amendments to the Korea Investment Corporation Act to enable KIC to invest in domestic won-denominated assets. The legislative changes will establish a separate domestic strategic investment account within KIC by year-end, transforming the institution into a '

LigaChem Biosciences revised the terms of its 500 billion won fundraising deal on the 16th, lowering the conversion price from 149,300 won to 121,400 won per share. The adjustment resulted from a stock price decline, increasing the number of convertible preferred shares (CPS) that may be issued by a

According to News1, South Korea's financial authorities tightened requirements for single-stock leveraged ETF trading on July 16, raising the minimum cash deposit requirement from 10 million won to 30 million won. Education requirements were also extended from 2 hours to 3 hours, with scores

According to sources, all crude oil shipments from Iraq's petroleum export terminals have been halted following a drone collision with an oil tanker. The sources did not provide specific timing details for when operations may

According to South Korea's securities industry, 24 ultra-concentrated exchange-traded funds launched this year, with the top 5 products attracting a combined 7.32 trillion won in net assets as of July 16. Unlike traditional sector ETFs that hold 30 to 50 stocks, these new products concentrate on 2 t

According to Citibank, South Korea's central bank is expected to raise its benchmark rate by 25 basis points in both July and August (today July 16), citing robust Q2 GDP growth and sustained demand-side inflation pressures. Citibank economist Kim Jin-wook raised the central bank's Q2 GDP forecast t

According to Yonhapinfomax, on July 16, the one-year FX swap point in South Korea rose 0.20 won to -13.90 won amid a narrowing Korea-U.S. rate differential. The six-month maturity climbed 0.10 won to -7.10 won, while the three-month increased 0.15 won to -3.15 won. The move reflected

According to Jin10, the Eurozone's May trade deficit widened to €50 billion (seasonally adjusted), marking the largest deficit since January 2023, driven by surging energy imports and weakening export growth. Energy trade deficit reached €303 billion in May, significantly above the pre-conflict

According to U.S. officials, Iraq and Syria plan to rebuild a defunct cross-border oil pipeline to transport crude from northern Iraqi oilfields to Syria's Mediterranean port, bypassing the Strait of Hormuz, according to reports by Jin10 on July 14. The pipeline, originally

According to Smart Finance, Hang Seng Index July futures opened at 25,019 points on July 16 (Beijing time 5:15 PM) and reported 25,021 points, up 31 points or 0.124%. The contract traded at a premium of 12 points with a trading volume of 73

According to Korea Exchange data released on July 16, South Korea's KOSPI index plummeted 6.37% to 6,820.60, marking a reversal after a 6.24% surge the previous day. Over the same one-month period, the KOSPI has fallen 23%, while the S&P 500 rose 2%, prompting domestic retail investors to redirect c

According to BitcoinTreasuries.NET monitoring data released today, Swedish bank Swedbank AB increased its holdings in Microstrategy (MSTR) by 8,278 shares, bringing total holdings to 90,590 shares worth approximately $8.81

BlackRock CEO Larry Fink stated on July 15 that the Bitcoin and crypto market is in a strong position following the unwinding of excessive leverage. Fink made the comments during an interview with CNBC's 'Squawk on the Street,' where he addressed concerns about leveraged speculation in digital

According to BlackRock CEO Larry Fink, during a July 15 CNBC interview, Bitcoin and the crypto market are in a stronger position following the unwinding of excessive leverage. Fink stated that many market participants had been operating with excessive leverage, which he believed contributed to the r

According to E-Daily, Samsung Electronics and SK Hynix extended losses on the NXT aftermarket today (July 16), following sharp declines in regular trading. The declines persisted despite the government's announcement of measures to restrict single-stock leverage products, with analysts noting that t