Global TradFi & Macroeconomics

Zhipu, MiniMax, and DeepSeek’s leaders of three Chinese AI companies have successively announced major plans around July. Their stock and valuation trends have diverged. As the head of “the world’s first publicly listed large-model company,” Zhipu Tang Jie announced the “Touch High” plan via an internal email after listing for half a year, asking the team to ease pressure from commercial monetization over the next two years and to focus resources on long-range missions, autonomous agents, and se

On July 15, the U.S. Trade Representative's Office imposed a 25% tariff on certain Brazilian goods following a year-long investigation into alleged unfair trade practices including digital trade barriers, intellectual property concerns, and illegal deforestation. The U.S. will exempt Brazilian

China’s National Cyberspace Administration announced on July 15 that the key regulatory hurdle involving Apple’s (AAPL-US) China business has been cleared. Apple Intelligence has completed registration for its generative AI services, removing the regulatory prerequisite for this service to enter the world’s largest smartphone market. Alibaba’s official announcement said that its Tongyi Qianwen (Qwen) will be integrated into the Apple Intelligence experience for users in China. China’s National C

According to Reuters, on July 15, ChangXin Storage (CXMT) set the stock IPO issue price at RMB 8.66 per share, valuing the deal at RMB 579.18 billion. This is the largest IPO in Asia so far this year and the largest public offering by a Chinese chipmaker in history. ChangXin Storage is currently the world’s fourth-largest DRAM manufacturer, behind SK hynix, Samsung Electronics, and Micron. ChangXin Storage IPO Size and Subscription Timeline Based on Reuters’ July 15, 2026 report, the key IPO dat

Brent crude fell below $84 per barrel, declining 0.81% intraday today (July 16).

Major financial institutions issued divergent US dollar forecasts following June consumer price index (CPI) and producer price index (PPI) releases that came in below market expectations. ING Bank, Brown Brothers Harriman (BBH), and Mitsubishi UFJ Financial Group (MUFG) presented contrasting views o

According to BlockBeats, on July 16, the U.S. International Trade Commission voted to initiate a Section 337 investigation (Investigation No. 337-TA-1511) into specific dynamic random-access memory devices and downstream products and components. Samsung Electronics, Google, and Nvidia are among the

In January, Claude Code became popular and sparked debates about the end of SaaS, with software-related stocks erasing about $300 billion in a single day. Tech writer Joan Westenberg then responded with the bread paradox: Americans buy about 10 million pre-baked bread loaves every day—despite bread machines costing less than $100 and recipes having been around for thousands of years—because the hidden costs of making it at home determine that demand for external purchases continues, and enterpri

ING Bank forecasts inflation will slow through 2027 for four reasons, according to a statement on May 15 (local time). The bank cited potential oil price declines if US-Iran negotiations resume, housing cost deceleration showing sub-1% year-over-year growth, labor market rebalancing from 2022's

According to Yonhapinfomax, on July 15, Bank of America CEO Brian Moynihan said the U.S. economy functions best when nobody pays attention to Federal Reserve decisions, adding that focus should shift to the real economy rather than central bank actions. Speaking at the Axios House News Shapers

According to Yonhapinfomax, E-mini S&P 500 futures traded at 7,615.50, up 0.01%, as of 9:52 AM KST on July 16. E-mini Nasdaq 100 futures declined 0.07% to 29,667.50. U.S. equity markets rallied overnight, with all three major indices closing higher following a softer-than-expected June Producer

The Bank of Korea's Governor stated that the central bank will monitor the impact of the 24-hour Korean won non-deliverable forward (NDF) market on July 16. The move signals increased oversight of the expanded trading hours for won NDF

According to financial data firm S3 Partners, short-sellers betting against SpaceX have accumulated unrealized gains of $3.88 billion as the company's stock continues to decline. Approximately 181 million SpaceX shares are currently shorted, representing 28% of outstanding shares—an unusually high l

According to the People's Bank of China, credit outstanding growth slowed by 0.3 percentage points to 5.2% year-over-year in June, while social financing stock growth fell to 7.4% and M2 growth declined to 8.0%. To support economic recovery, the PBOC increased liquidity operations, injecting 700

According to Jin10, domestic gold jewelry prices dropped slightly on July 16, with multiple brands quoting foot gold jewelry at around 1,229 yuan per gram, down from the previous day.

Financial Supervisory Service (FSS) Governor Lee Chan-jin directed monitoring of securities firms' credit financing and margin trading trends on the 16th, citing concerns that retail investor losses could expand amid stock market volatility following a 25 basis point base rate hike. The directive

According to Nikkei, Japan's ruling Liberal Democratic Party and government plan to raise the voting rights threshold required to convene extraordinary shareholder meetings from 3% to 5% or higher.

Kwon Dae-young, Vice Chairman of South Korea's Financial Services Commission (FSC), met with Nguyen Duc Chi, Vietnamese Deputy Minister of Finance, on the 16th at the government complex to discuss strengthening cooperation in the

According to South Korea's Korea Securities Depository (KSD), SK Hynix ADR and Korean-listed ordinary shares will enable mutual conversion on July 29, following the scheduled listing of new ordinary shares. However, retail investors are unlikely to execute arbitrage strategies as

The U.S. will impose 25% tariffs on certain Brazilian goods starting July 22.