Global TradFi & Macroeconomics

According to Korea Exchange, Hyundai Motor shares fell 27,000 KRW (6.25%) to 405,000 KRW in morning trading on July 24, pressured by second-quarter earnings deterioration and delayed expectations for its humanoid robot business development. The automotive sector weakness combined with reduced

Eli Lilly announced positive results from two additional Phase 3 clinical trials for retatrutide, a next-generation obesity treatment administered once weekly, on the 23rd (US local time) according to CNBC. The trials demonstrated significant weight loss in patients with obesity-related

According to Seoul forex market data, the Japanese yen-Korean won exchange rate dropped below the 900-won psychological support level on July 24, falling to 100 yen per 895.84 won during intraday trading. This marks the first time the rate has breached this level since November 2024. The decline

According to CNBC, on July 23, Eli Lilly announced positive results from two Phase 3 clinical trials of retratrutide, a once-weekly obesity treatment. In diabetic patients, retratrutide reduced body weight by up to 20.8% at week 80, with meaningful improvements in key blood glucose markers. In

According to Financial News, South Korea's financial regulator is tightening oversight of single-stock leveraged exchange-traded funds (ETFs) on Samsung Electronics and SK Hynix following rapid growth. The combined market capitalization of 16 single-stock leverage ETF products surged from 4.4

According to the securities industry, LG Electronics completed a 100 billion won share buyback program today (July 23) more than two months ahead of schedule. The early completion reflects the company's shareholder return strategy progressing smoothly to enhance corporate

According to Business Insider, Alphabet's headcount grew from 187,103 to 198,933 employees in the year ended June 30, 2026, adding 11,830 staff net. Q2 alone saw hiring surpass 4,000, marking the largest quarterly increase in recent years and accounting for more than one-third of the annual

According to CriptoNoticias, Argentina's government on July 24 proposed allowing mutual investment funds (FCI) to invest in Bitcoin and cryptocurrencies, with virtual assets eligible as collateral. The measure, drafted by Economy Minister Federico Sturzenegger as part of a deregulation bill, is

Nine firms including BlackRock and Fidelity launched the Bitcoin Security Consortium on the 23rd via X to support the long-term security and stability of the Bitcoin protocol. The consortium was formed to address Bitcoin security challenges through collaborative research and development. Members

AION, a leading AI data center infrastructure EPC (Engineering, Procurement, Construction) and SI (Systems Integration) company, signed an IPO lead underwriting contract with Shinhan Investment & Securities on July 23, the company announced July 24. The partnership targets a KOSDAQ listing in the

According to Jin10 Futures, as of 8:30 AM Beijing time on July 24, spot platinum rose 0.03% while spot palladium fell 0.34%.

Japan's composite PMI for July came in at 53.1 in the preliminary reading, up from 52.8 in June, indicating continued economic expansion.

Japan's services sector PMI for July came in at 51.9 in its initial reading, down from 52.2 in the previous month, according to preliminary data.

According to ARK Invest's official disclosure, the firm's multiple funds completed portfolio rebalancing on July 23, with a net shift toward tech and crypto-related holdings. ARKK, ARKQ, ARKW, and ARKX simultaneously increased Tesla (TSLA) positions by a combined 160,000 shares, marking the

Hotel Lotte joined Lotte Biologics' shareholder roster at the end of last year and will participate in the biopharmaceutical company's seventh capital increase worth 255.3 billion won next month, according to the Financial Supervisory Service's electronic disclosure system on the 24th. The capital i

Japan's manufacturing PMI initial reading came in at 54.7 in July, down from 54.8 in June.

Intel forecast third-quarter revenue of $15.8 billion to $16.8 billion and adjusted earnings of 38 cents per share on July 23, both exceeding Wall Street estimates. Stronger AI-related demand for data center chips drove second-quarter results. The company reported Q2 sales of $16.13 billion and adj

According to VanEck digital assets research head Matthew Sigel, multiple public companies employing digital asset treasury (DAT) strategies have abandoned or adjusted their bitcoin holdings since 2026. Satsuma Technology, Bitdeer, Prenetics, Genius Group, Vaultz Capital, and MAIA Biotechnology have

HSBC Holdings (00005) announced the sale of HSBC Life Singapore to Allianz for SGD 2.7 billion (approximately HKD 16.373 billion), with the transaction expected to complete in the first half of 2027 pending regulatory approval. The sale follows a strategic review of HSBC Life Singapore, with HSBC co

According to a CITIC report, AI capital expenditures by major cloud providers are expected to drive approximately $3.5 trillion in external financing needs over the next five years, as capex intensity rises from 12% of revenue in 2023 to over 40% by 2027. The core challenge centers on debt