Global TradFi & Macroeconomics

According to CryptoQuant analyst Axel Adler, Bitcoin retreated to around $64,300 in July, after rising nearly 11% from a June low of approximately $59,000, as U.S. 10-year Treasury yields climbed to about 4.7%, the highest level in five years. Higher rates are tightening financial conditions and

A 60-year-old investor in South Korea sought tax advice on gifting stocks and financial products to family members. On July 26, KB Securities published guidance explaining how gift tax is calculated for stocks versus cash, and key regulatory considerations. The investor's portfolio had appreciated s

According to Maeil Business Newspaper, Philip Morris International (PMI) reported second-quarter net revenue of $11.9 billion, up 10% year-over-year, with adjusted earnings per share of $2.20, exceeding Wall Street expectations. The tobacco giant's stock has reached record highs, driven primarily b

According to Korea Exchange, KONEX market trading volume has fallen to levels last seen 12 years ago. As of July 24, the daily average trading value stood at 628.85 million Korean won, marking the first time since December 2014 that monthly average daily trading fell below 700 million won. The mark

According to Hong Kong Exchanges and Clearing disclosure on July 24, Zhongan Xinke (Shenzhen) Co., Ltd. submitted an IPO application to HKEx's Main Board, with ICBC International and China United Securities International as joint sponsors. This is the company's second submission; it previously

According to the German Chamber of Commerce and Industry and the German Wholesale and Foreign Trade Association, on July 24, both organizations issued statements criticizing the U.S. for frequently adjusting tariff policies, which they said increases uncertainty for business operations and

According to Odaily and Jin10, global central banks are facing mounting pressure to consider interest rate increases as crude oil prices approach $100 per barrel. The Federal Reserve, Bank of England, and Bank of Japan are preparing for energy-driven inflation, while the European Central Bank has si

According to Huaxia Fund's disclosure, Longsing Technology will list on the STAR Market on July 27, with several of the fund's ETFs participating in its IPO subscription. The stock was priced at 8.66 yuan per share ahead of listing. Because the first day of trading allows unlimited daily price

According to Citrini analyst Jukan on X, Changxin Storage, a Chinese chip manufacturer, will list tomorrow, July 27.

According to Korea Exchange, on July 26, average daily trading volume in KRX gold spot market (99.99% purity, 1 kg unit) dropped 49% month-over-month to 239,116 grams, while daily transaction value fell 51.5% to 47.09 billion won. Gold prices declined to 189,810 won on July 24, down 29.7% from the J

Korean investors moved 723.9 billion won into parking-type and dividend-type exchange-traded funds during a week of heightened stock market volatility, according to data from KOSCOM ETF CHECK reported July 26. The fund inflows occurred as the KOSPI index fell 21.07% from 8476.48 at end-June to 6690.

Global financial institutions are conducting climate vulnerability assessments on assets as this summer's extreme heat accelerates asset value deterioration. Private equity firms managing over $700 billion doubled their mentions of 'physical risk' in reports year-over-year, according to Bloomberg an

According to Bloomberg's analysis of 12 major asset managers and Fidelity projections, climate change from extreme heat this summer is reducing expected stock returns by up to 1.2 percentage points annually over the next decade if climate-related damage worsens. Extreme temperatures and weather

According to CITIC Securities, on July 26, the institution released a report stating that the current Middle East oil shock differs fundamentally from previous patterns due to depleted buffers, meaning the market is unlikely to repeat second-quarter trading dynamics. While near-term market

Samsung Electronics and Alphabet both reported record quarterly results in July but saw their stocks plummet, driven by investor concerns over Big Tech's AI infrastructure spending and its impact on semiconductor demand. Samsung Electronics announced Q2 operating profit of 89.4 trillion won on July

Hwang Seong-yeop, Chairman of the Financial Investment Association, will lead a delegation of Korean securities and asset management CEOs to Tokyo in November. The group will study Japan's value-up programs and stock market innovations. Approximately 10 CEOs have confirmed participation, marking the

Korean quantum computing ETFs experienced sharp performance divergence in the recent one-month period, with concentrated pure-play funds suffering the steepest losses. SOL US Quantum Computing TOP10 recorded a -32.00% return over the recent month, marking the largest decline among domestic ETFs

KOSDAQ-listed companies recorded 29 stock consolidation decisions from the 1st through the 24th of this month, the highest count since March. The Korea Exchange implemented strengthened delisting criteria from the 1st of this month, requiring companies to maintain market capitalization above 20

According to the Korea Exchange, listed companies decided on 29 stock par value consolidations from July 1-24, marking the highest level in four months as stronger delisting standards took effect this month. The surge comes as KOSDAQ index fell to 700 points and the exchange strengthened delisting c

According to Maeil Economics, Google's free cash flow turned negative in the second quarter of 2026 for the first time since going public in 2004, as capital expenditure of $44.9 billion exceeded operating cash flow of $39.1 billion. The company's cloud revenue surged 82% year-over-year to $24.8 bil