Global TradFi & Macroeconomics

According to CNBC, IBM CEO Arvind Krishna stated on Thursday (July 23) that only 2% of the company's software could be replaced by artificial intelligence-generated applications, attempting to calm investor concerns following disappointing Q2 results. Krishna noted that the remaining 98% of IBM's so

According to Chosun, South Korea's Financial Supervisory Commission (FSC) will raise the minimum cash margin requirement for individual investors purchasing single-stock leveraged ETFs and ETNs to 30 million won, effective July 31. The previous requirement was 10 million won and allowed other

Hyundai Rotem reported Q2 operating profit of 232.4 billion won, falling 19.6% short of market consensus of 289.1 billion won, according to a disclosure on the 24th. The company's Q2 revenue reached 1.606 trillion won, up 13.3% year-over-year, driven by continuous production of defense export

Korea Investment & Securities announced on the 24th its participation as an underwriter in Hyundai Commercial's 400 million yuan (approximately 87.5 billion won) public kimchi bond issuance. KB Securities served as lead underwriter with Korea Investment & Securities as co-underwriter, each taking

According to CoinDesk, BlackRock, Fidelity Digital Assets, Coinbase, Strategy, Anchorage Digital, Ark Invest, Block, Blockstream, and Galaxy Digital have formed the Bitcoin Security Alliance. The coalition committed to providing $15 million in funding over three years to support Bitcoin

According to Yonhap Infomax, on July 24, Korea Investment & Securities participated as an underwriter in a 400 million CNY (approximately 87.5 billion Korean won) dim sum bond offering for Hyundai Commercial. KB Securities led the issuance while Korea Investment & Securities served as an underwriter

According to Jin10 data, on July 24, European Central Bank Governing Council member and Bundesbank President Nagel stated that the ECB's decision to maintain key rates unchanged is the correct choice. He noted that the June interest rate increase has positioned the ECB favorably to monitor

Align Partners Asset Management responded on the 24th to Macquarie Asset Management Group's defense of its tender offer price for Gabia stocks, stating that the core issue is not the price or Macquarie itself but rather the procedural fairness of Gabia's board of directors. Align issued the

According to BlockBeats citing Hyperinsight monitoring, three whales liquidated their long positions during trading hours on July 24, incurring combined losses of approximately $798,000 on total trades of $7.26 million. SK Hynix fell 5.8%, Google declined 4.2%, and the Nasdaq-100 index

Individual investors in South Korea accumulated record leveraged stock positions in Q2 2025, with total leverage reaching approximately 62 trillion won, but July market volatility triggered a wave of forced liquidations and a 5 trillion won decline in credit balances. The aftermath stems from

Hims & Hers Health, Inc. (HIMS) shares climbed 1% in overnight trading late Thursday after a divided FDA advisory panel recommended easing restrictions on four peptides—BPC-157, KPV, TB-500 and MOTS-C—potentially opening a new market for telehealth firms. The FDA's Pharmacy Compounding Advisory

According to Financial News, South Korea's margin financing balances declined approximately 5 trillion won in July as volatile market conditions triggered forced liquidations. The financing balance fell from a record 38.63 trillion won on June 24 to around 33 trillion won by late July, with single-d

J.P. Morgan upgraded BOC Hong Kong (stock code 02388) to 'Overweight' from 'Neutral' and raised its target price 23% to HK$53.3 from HK$43.3. The upgrade follows the stock's 29% year-to-date outperformance against the Hang Seng Index, with J.P. Morgan projecting continued outperformance over the

According to JPMorgan Chase, the bank raised its target price for Bank of China Hong Kong (02388) by 23% to HK$53.3 from HK$43.3 today (July 24), upgrading its rating from Neutral to Overweight. The stock has outperformed the Hang Seng Index by 29% year-to-date, though JPMorgan expects an

According to PV GAS, Vietnam's state-owned natural gas company issued a spot liquefied natural gas supply tender on August 24, seeking to procure 1.5 to 1.7 million MMBTU of LNG for delivery between August 10

India's services sector PMI (Purchasing Managers' Index) initial reading for July fell to 53.1, down 4.3 points from the previous month's 57.4, indicating a significant contraction in business activity.

According to Yonhap Infomax on July 24, Hyundai Rotem reported Q2 revenue of 1.6061 trillion won and operating profit of 232.4 billion won, missing market consensus forecasts. Revenue grew 13.3% year-over-year, but operating profit declined 9.7%. Analyst forecasts from four major South Korean

According to official data, India's composite PMI initial reading came in at 54.3 in July, declining from 57.1 in the prior month, signaling slower economic growth momentum.

According to the Seoul Exchange, both KOSPI and KOSDAQ markets triggered sell-side circuit breakers on July 24 following sustained selling pressure from foreign investors and institutional traders. As of 1:22 p.m., the KOSPI index fell 394.01 points (5.55%) to 6,702.88. Samsung Electronics and SK

According to Guru Club, Singapore's benchmark stock index fell 1.2% on June 4, closing at 5,076.81 points.