Global TradFi & Macroeconomics

IBM (NYSE: IBM) stock closed down more than 25% on July 14, at $217.07, marking the largest single-day drop since at least 1968. The decline was triggered by the company’s pre-announced earnings coming far below Wall Street expectations: adjusted EPS of $2.93 (vs. $3.02 expected) and revenue of $17.2 billion (vs. $17.86 billion expected). IBM earnings: EPS of $2.93 and $17.2 billion revenue both miss expectations According to reports, the gaps between IBM’s pre-announced earnings and market expe

According to South Korea's Financial Investment Association, on July 15, 10 major asset managers' CEOs discussed investor protection measures for leveraged individual stock ETFs, including raising the minimum deposit requirement from 10 million won ($6,714) and staggering rebalancing trade timing. T

South Korea's finance minister stated the government plans to prepare all measures by early 2027 to facilitate the country's inclusion in the MSCI emerging markets index.

Foreign investment banks including Goldman Sachs and JP Morgan attributed the recent KOSPI decline to profit-taking after a short-term rally and forced liquidation of leveraged investments, according to a report published on May 14 by the Korea Financial Center. The report titled 'Overseas

Lucid Group (NASDAQ: LCID) shares plunged more than 40% at one point during intraday trading on July 14, triggering multiple trading halts due to volatility; it ultimately closed down 16%, at $4.62 per share. The sell-off was triggered by a report from the EV-focused website EV claiming that Lucid is considering going private or filing for Chapter 11 bankruptcy protection. In response, Lucid issued a statement saying the rumors are completely false. Lucid Stock Dips More Than 40% Intraday, Trigg

Mirae Asset Asset Management announced on the 15th the launch of 'Mirae Asset Alpha Selection Mixed Asset Investment Trust (Private Investment Re-Indirect Type),' a public fund that invests in private funds. The new product focuses on long-only equity strategies, expanding the company's lineup

According to Korea Exchange, Sangsangin Securities traded at 747 KRW as of July 15 at 10:20 AM, facing the risk of delisting from the won-denominated stock category as the only securities firm stock below 1,000 KRW. The stock rose 38 KRW, or 5.36%, from the previous trading day, though a recent stoc

According to Mirae Asset Wealth Management, the company launched the AlphaSelection Mixed-Asset Investment Trust (private fund indirect investment type) on July 15. The fund invests in diversified domestic private equity funds and allows retail investors to access top-tier private funds with lower m

On July 15 at the open, Hong Kong's key stock indices rose, with the Hang Seng Index up 0.87% and the Hang Seng Tech Index up 0.78%. Tech shares led gains, with Tencent Holdings up 2.1%, Lenovo Group surging 3%, and Baidu rising 1%. Long Fei Fiber-optic Cable jumped nearly 15%, with the company

Aston Robotics (02715) reported first-half net profit guidance of 153 million to 180 million yuan, representing a year-over-year increase of 2,144% to 2,594%, according to company announcement. The stock rose 4% to 21.32 Hong Kong dollars as of press time. The earnings improvement was driven by

According to Guru Club, spot silver touched $59 per ounce on July 15, with intraday gains of 0.58%.

HSBC issued a report stating that while investor sentiment toward memory semiconductor stocks has weakened due to concerns about a semiconductor cycle peak, it is too early to worry. According to Investing.com on the 14th (local time), HSBC noted in a recent report that investors cited slowing

The Hang Seng Index opened 210 points or 0.9% higher at 24,551 points today, with the National Index up 49 points or 0.6% to 8,152 points and the Tech Index advancing 36 points or 0.8% to 4,716 points. Tech stocks broadly gained, with Tencent up 2.5% to

South Korea's National Tax Service collected 620 billion won from tax evasion investigations during the first half of the year, targeting price manipulation, stock market irregularities, and real estate violations. The agency announced the results during a briefing at the Blue House Yeongbingwan on

According to YTN radio on July 14, psychiatrist Park Jong-seok, a specialist in stock addiction, advised investors experiencing fatigue from South Korea's stock market volatility to uninstall stock apps, limit smartphone use, and focus on daily routines and their primary work. The

According to HSBC's latest report released on July 14, the investment banking firm dismissed concerns that the memory semiconductor industry has reached a cycle peak, citing emerging growth drivers. HSBC identified higher-bandwidth memory (HBM) pricing gains from rising DRAM costs, next-generation H

According to the European Central Bank on July 14, the ECB selected 36 payment service providers to participate in a digital euro pilot program launching in the second half of 2027 and running for 12 months. The trial will span the ECB and 19 national central banks across the euro area, testing

As of 09:30 Beijing time on July 15, WTI crude oil futures rose 0.31% and U.S. natural gas futures rose 0.45%.

Bitcoin (BTC) once again rebounded, temporarily around $64,707 on July 15. U.S. Treasury Secretary Bessent said he froze more than $130 million in Iranian digital assets. According to Reuters, the European Central Bank (ECB) has selected 36 banks and payments companies from 50 applicant institutions to take part in the digital euro pilot program. Macro Events & Crypto Hotspots U.S. Treasury Secretary Bessent said he froze more than $130 million in Iranian digital assets. According to on-chain an

Korea Land and Housing Corporation (LH) expanded its bond issuance limit to 20 trillion won this year, emerging as a major player in the public bond market. The state-owned housing developer increased issuance to secure funding for metropolitan housing supply projects, particularly the Third New