Global TradFi & Macroeconomics

According to Yonhapinfomax, on July 20, DCK Investment, a subsidiary of Macquarie Asset Management, launched a public tender offer for KOSDAQ-listed Gabia at 48,000 won per share. The bid is 41.6% higher than the previous trading day's closing price of 33,900 won and 56% above the one-month

Liquefied petroleum gas (LPG) futures rallied intraday on July 20, gaining over 6% to reach 5,522 yuan per ton.

According to Korea Exchange, KOSPI fell to 6,794.29 on July 20 morning session, down 0.39% from the previous close, after opening down 2.60% and briefly plunging over 4% amid weakness in U.S. markets and Middle East tensions. Foreign investors and institutions purchased a combined 2.69 trillion

According to CNBC, on July 18, Warren Buffett disclosed for the first time that Berkshire Hathaway's past decision not to invest in Google (Alphabet) was a mistake, calling the company more likely to succeed than 90-95% of companies trading on Wall Street. Berkshire currently holds

Taiwan's Weighted Stock Index (TAIEX) opened 0.3% higher today at 42,793.15.

Bitcoin was reported at $64,543 on July 20, and it held steady with strong bullish momentum amid rising risks in the U.S. stock market and escalating geopolitical tensions. The main support comes from institutional capital inflows into spot Bitcoin ETFs for four straight days. On the geopolitical front, Iranian ballistic missiles struck the Muwaffaq Salti airbase in Jordan, killing 2 U.S. personnel. The U.S. subsequently launched another round of strikes against targets in Iran; Iran said it wou

According to the Shanghai Gold Exchange, gold futures (T+D) rose 0.49% to 875 yuan per gram on Monday morning (July 20), while silver futures (T+D) gained 1.64% to 13,700 yuan per kilogram during the same

According to official prospectus, Changxin Technology launched its initial public offering on Shanghai Stock Exchange on July 16, priced at 8.66 yuan RMB per share, valuing the company at 579 billion yuan RMB and raising approximately 57.9 billion yuan—the largest IPO in Shanghai Stock Exchange

According to Jin10, on July 20, the People's Bank of China left one-year and five-year loan prime rates (LPR) unchanged at 3% and 3.5% respectively, marking the 14th consecutive month of no change.

China's one-year loan prime rate (LPR) remained at 3% as of July 20, unchanged from the previous month. The rate matched market expectations of 3.00%.

China's five-year loan prime rate (LPR) stood at 3.5% on July 20, unchanged from the previous reading and in line with market expectations.

According to iM Securities analyst Kim Jun-young on July 20, South Korea's KOSPI index is unlikely to recover its earlier highs by the end of Q3 and is expected to trade range-bound and search for direction through year-end. The analyst noted that elevated

Doosan Bobcat's profitability is forecast to decline in Q2 this year, driven by continued weakness in the North American housing market, its primary market. According to average estimates from four major domestic securities firms compiled by Yonhap Infomax within the past three months, the company's

Standard & Poor's downgraded Oracle's credit rating from BBB to BBB- this month, prompting Tyler Richey, an analyst at Sevens Report Research, to warn that the move represents an early warning signal of difficulties the market will face ahead. The downgrade places Oracle one notch above junk bond st

According to Union Infomax, Doosan Bobcat is expected to report Q2 2026 operating profit of 180.6 billion KRW, down 12.99% year-over-year, while revenue is projected to decline 0.92% to 221.65 trillion KRW. The operating margin is forecast at 8.1%, down approximately 1.1 percentage points from the p

According to Business Insider on July 19, S&P downgraded Oracle's credit rating from BBB to BBB-, placing the software and cloud services company just above junk bond status. Analysts at Seven Star Research noted the downgrade represents an early warning of economic headwinds ahead, with the bond

According to Jinlian and Jin10 Futures, on July 20, China's gasoline and diesel prices are forecast to rise 450 yuan/ton, with the adjustment window set for July 31 at 24:00. The crude oil price change rate reached 9.54%, with reference oil types averaging $85.30 per barrel. Regional markets,

According to Jin10 Futures, the CFETS-NEX renminbi funding sentiment index rose to 55 on July 20 (as of 08:45), up 4 points from the previous day's close. By institution type, large banks reported 55 (up 5 points), mid-size and small banks reported 58 (up 6 points), and non-bank institutions reporte

Seoul bond market participants adopted a cautious stance on July 20, monitoring international oil prices and semiconductor manufacturer stock movements following escalating geopolitical tensions and central bank policy signals. Iran officially announced over the weekend it would no longer fulfill

South Korean Deputy Prime Minister and Finance Minister Koo Yun-chul marks his one-year anniversary on July 19, with a town hall meeting scheduled for July 20 to outline his second-year agenda. Koo faces a critical test as economic chief amid an upcoming real estate tax reform announcement