Global TradFi & Macroeconomics

According to Gate data, South Korea's KOSPI index pared intraday gains on July 22, with the benchmark closing at 6,952.26 points—up 3% for the day. SK Hynix surged 13.75%, while Samsung gained 3.86%.

According to BlockBeats, Hong Kong AI stocks declined on July 22, with MINIMAX-W (00100.HK) falling over 9% and Zhipu (02513.HK) declining over 3%, based on Bitget market data.

According to Yonhapnews, South Korea's long-term government bond yields surged to historic highs on July 21-22, with 20-year bonds reaching their highest level since May 2011 and 30-year and 50-year bonds setting all-time records. The 20-year yield rose 2.9 basis points, while 30-year and 50-year yi

Apple plans to partner with Swedish fintech company Klarna on July 28 to officially launch a lease-to-trade-in program called “Apple Upgrade.” After the news broke, Klarna’s stock surged as much as 11% during intraday trading and closed up 1.4%. Citing people familiar with the matter, Bloomberg said Apple Upgrade uses a “lease first, buy later” model, with Klarna serving as the financial support provider, while Apple itself does not bear financial risk. Apple Upgrade plan design: lease-term tier

US investment fund Terton Capital sent an open letter to the board of Golfzon Holdings on the 22nd, demanding independent review of a tender offer by the largest shareholder and measures to protect minority shareholders. SJ Investment Holdings, a wholly owned subsidiary of One&Partners established b

TSMC, the world's leading chipmaker, faces margin pressure from its U.S. manufacturing expansion driven by President Donald Trump's push for American-made semiconductors. Following Trump's return to power in 2025, TSMC announced $200

According to CNBC, TSMC announced a $100 billion investment into advanced semiconductor manufacturing and packaging facilities in the U.S. last week, bringing total commitments to the country to $200 billion since President Donald Trump returned to power in 2025. However, the aggressive U.S.

According to Financial News, South Korea's KOSPI index surged 143.5% from 2,770.84 on June 4 last year to 6,747.95 on July 21, reflecting government policy focus and retail investor enthusiasm. The benchmark reached 9,385.59 intraday on June 19, representing a 3.4x gain from the post-election low. P

US Democratic Congressman Rich Torres from New York has requested the Securities and Exchange Commission (SEC) to investigate whether Truth Social's paid API service plan violates federal securities law. Axios reported that it obtained a copy of the letter Torres sent to the SEC. Last week,

According to Kpler shipping data, no ultra-large tankers or liquefied natural gas carriers transited the Strait of Hormuz on July 21. Only three general cargo vessels passed through the waterway that day, down from four on July 20.

According to Guangda Futures, spot gold surged past $4,100 per ounce overnight as gold, copper, and oil moved higher in tandem. The rally follows U.S. trade policy shifts, with the U.S. announcing 50% tariffs on select Canadian products. Trade representative Grier signaled new global import tariff p

According to Axios, U.S. Representative Ritchie Torres called on the SEC to investigate Truth Social's plan to sell real-time access to Trump posts to Wall Street institutions on July 22. Truth Social earlier introduced a paid TruthAPI offering swift access to Trump's posts to institutional

According to the Financial Supervisory Service's pension portal, Mirae Asset Securities maintained its top ranking in Korea's defined contribution (DC) pension plan asset accumulation in Q2 2026, widening its gap over other financial institutions. Samsung Securities climbed to sixth place and is

According to Tom Lee, Fundstrat co-founder, Ethereum's outperformance against memory chip stocks has widened significantly over the past month. The relative excess return reached 7,200 basis points as Ethereum rose 24% while memory chip ETFs

Equinor, Norway's state-owned petroleum company, announced that scheduled maintenance work in 2026 is expected to reduce daily production by approximately 35,000 barrels of oil equivalent (BOE).

J.P. Morgan and Goldman Sachs raised their target prices for HSBC Holdings in recent reports, citing stronger banking net interest income and earnings growth. J.P. Morgan increased its target price nearly 10% from HK$182 to HK$200 while maintaining an 'Overweight' rating, driven by expectations

On July 22, global investment banks offered divergent outlooks on South Korea's recent stock market decline. JPMorgan maintained its overweight stance, noting that leverage unwinding has progressed substantially and the selloff reflects forced deleveraging rather than deteriorating corporate

JPMorgan Chase raised its HSBC Holdings (00005) price target by nearly 10 percent to HK$200 from HK$182, maintaining a "buy" rating. The firm also lifted its earnings-per-share forecasts for HSBC for 2026-2028 by around 2 percent, driven by stronger net interest income in banking operations. JPMorga

According to Korea Depository Trust & Clear, listed companies in South Korea completed or pursued 75 M&A deals in the first half of 2026, down 2.6% compared to the same period last year. Among these, KOSPI-listed companies accounted for 22 deals, while KOSDAQ-listed companies represented 53 deals.

According to SoSoValue data cited by ChainCatcher, Ethereum spot ETFs saw net inflows of $37.471 million yesterday (July 21), marking the third consecutive day of inflows. BlackRock's ETHA led the group with single-day inflows of $52.792 million, bringing its cumulative net inflows to $11.401