Global TradFi & Macroeconomics

Gabia, a cloud and IT infrastructure company, launched a tender offer from May 21 to September 17 at 48,000 won per share in partnership with Macquarie Asset Management to delist and resolve its dual-listing structure. Macquarie will acquire the 24.4% stake held by Gabia co-CEO Kim Hong-guk and

Foreign investors classified as overseas institutions received preferential stock allocations in South Korean IPOs without mandatory lock-up commitments, while domestic institutional investors faced stricter holding requirements. In the HLGenomics IPO scheduled

SpaceX stock closed at $119.85 on the 20th (local time), down 3.34%, marking the 10th consecutive day of decline and falling below its IPO price of $135 for the first time since listing last month. The company, which debuted on the New York Stock Exchange in what was described as the largest IPO in

KOSPI opened at 6553.88 on the 21st, up 37.61 points (0.58%) from the previous trading day, after closing at 6516.27 the day before with a sharp decline of 304.33 points (4.46%). The Korean stock index has dropped approximately 2900 points in one month from its intraday high of 9385.59 recorded on t

According to financial industry sources on July 21, South Korean domestic institutional investors are facing disadvantages in initial public offerings as overseas institutions classified as foreign investors receive larger allocations while avoiding mandatory holding commitments, despite some

According to Financial News, on July 20, SpaceX stock closed at $119.85, down 3.34%, marking its 10th consecutive trading day of losses. The company broke below its IPO price of $135 for the first time since listing last month, when it had surged to a peak of $225. The company's market

According to BlockBeats, citing Bitget data, on July 21, Japan's Nikkei 225 index (Japan's benchmark equity index) closed up 2,091.07 points, or 3.26%, to 66,232.19. South Korea's KOSPI index (South Korea's benchmark equity index) rose 231.68 points, or 3.56%, to 6,747.95. SK Hynix gained 4%,

According to E-Daily MarketIn, Koryoazinc (010130) nominated five director candidates on July 21, including Seo Eun-suk, professor of economics and finance at Sungmyungwan University, as an outside director candidate, and Baek In-gyu, chair of Deloitte Anjin, as an audit committee candidate. The nom

According to Guru Club, spot silver rose 4% to $58.66 per ounce on July 21, marking a significant daily gain in the precious metals market.

According to Jin10 Futures, as of 14:30 on July 21, the CNEX market-wide funding sentiment index reported 48, up 1 point from 10:15. Large banks, mid-sized banks, and non-bank institutions registered sentiment indices of 47, 49, and 47 respectively, each rising 1 point.

According to Jin10 Data, on July 21, U.S. core PCE inflation is forecast to rise modestly 0.18% month-over-month to 3.3% year-over-year in June, marking the lowest monthly pace since November last year. Andy Burnham was formally appointed as UK Prime Minister by King Charles. Separately, South

London Copper rose 0.8% today on July 21, reaching $13,731 per ton. The move brings prices to their highest closing level since June 17, marking a notable recovery in the base metals complex.

According to Goldman Sachs, Persian Gulf liquefied natural gas exports are expected to face further delays in returning to normal operations due to sustained uncertainty in the Middle East.

Goldman Sachs raised its Q3 and Q4 TTF natural gas price forecasts to €60 and €53 per MWh respectively, up from previous estimates of €41 and €40.

Bitcoin, gold, Nasdaq 100 ETF (QQQ), and South Korea's KOSPI showed synchronized movements in early July 13-20 trading before diverging sharply later in the period, per Digital Asset analysis of Binance API data. Bitcoin rebounded to a period high while QQQ and KOSPI reversed gains; gold remained ra

According to Digital Asset's analysis based on Binance API data from July 13 to 20, Bitcoin outperformed other major assets, gaining 4.68% to reach $65,224 while gold remained relatively flat with a 0.29% gain. In contrast, the Nasdaq-100 tracking asset QQQ fell 2.05% and South Korea's KOSPI index d

According to Korea Exchange, KOSDAQ's liquidity is deteriorating rapidly as of today, July 21. Daily trading volume fell below 5 trillion Korean won for the second consecutive day, with July 20 trading value reaching 4.83 trillion won. Over one month, trading volume dropped 54.9% from 10.7 trillion

According to South Korea's investment banking sector, Gabia, a cloud and IT infrastructure company, launched a delisting process on July 21 in partnership with Macquarie Asset Management to eliminate its duplicate listing structure by deregistering its parent company. The public offer will run

Platinum futures (main contract) rose over 2% during intraday trading on July 21, now quoted at 400.85 yuan per gram.

General Motors reported its second-quarter financial results before the New York Stock Exchange opening on July 21. According to LSEG analyst consensus, GM's Q2 revenue reached $47.01 billion, down 0.2% year-over-year, with adjusted earnings per share (EPS) estimated at $3.20, up approximately 26% c