Global TradFi & Macroeconomics

According to E-Daily, Hoban Group's stake in South Korean airline holding company Hanjin Kal (180640) increased to 20.15% on July 16, with the investment spread across four subsidiaries. The group has now narrowed its shareholding gap with chairman Jo Won-tae and related parties, who hold 20.56%, to

According to Natixis Chief Economist Christopher Hodge, a former chief economist at the New York Federal Reserve, the Federal Reserve will maintain interest rates unchanged throughout 2026. Hodge previously highlighted potential risks in Fed Chair Warsh's hawkish policy

According to Odaily and Gate data, Japan's Nikkei 225 index fell 1,915.97 points, down 2.79%, closing at 66,835.54 on July 16 (Thursday), with chipmaker Kioxia dropping 14%. South Korea's KOSPI index slid 466.06 points, down 6.4%, to 6,818.35, while SK Hynix declined 11% and Samsung Electronics fell

According to Jin10, French energy giant Total Energies said on July 16 that its second-quarter oil trading business performed strongly amid market volatility triggered by Middle East tensions, while natural gas trading faced headwinds. The company forecast oil trading profits will maintain first-qua

According to Bloomberg, Uber Technologies agreed on Thursday to acquire German food delivery company Delivery Hero SE for $14.8 billion, offering 41.50 euros ($47.60) per share. The deal covers most of Delivery Hero's global operations across 50 markets. As part of the transaction, Uber will acquire

Foreign institutional investors including BlackRock, Fidelity, and Norway's sovereign wealth fund increased their stakes in Korean listed companies as of end-June, according to CEO Score data released on the 15th. The research firm reported 123 cases where foreign entities held 5% or more stakes in

According to Iran's student news agency ISNA, Iranian officials stated on July 15 that the Strait of Hormuz will remain closed until the U.S. accepts Iranian law. Meanwhile, the U.S. military reported striking an oil tanker attempting to reach Iranian ports. Two Iranian crude oil tankers have

According to CEO Score, overseas investors held stakes of 5% or more in 123 of South Korea's top 500 listed companies as of June, up from 95 companies a year earlier. BlackRock led foreign investment activity, becoming a major shareholder in 19 domestic firms including Samsung Electronics (5.14%), S

According to BlockBeats citing Hyperinsight monitoring, a whale address (0xf929) that began shorting SPCX on July 6—a day before the stock's inclusion in the Nasdaq-100 index on July 7—has accumulated unrealized profits of $1.167 million with a return rate of 327.2% as of July 16. The address

Micron (MU), SanDisk (SNDK), SK hynix (SKHY), and Western Digital (WDC) stocks declined overnight Wednesday after an 8% to 9% selloff earlier in the day. The reversal followed a Tuesday rally triggered by IBM CEO Arvind Krishna's statement that clients shifted quarterly capex spending toward

Eli Lilly, the world's largest pharmaceutical company, announced a transformation to a preventive medicine platform. CEO Dave Ricks stated in an interview with The Economist on the 15th (local time) that the company's goal is to help people maintain health, not simply treat diseases. The

KB Securities announced on May 16 that it will abolish the basic deposit exemption system for single-stock leveraged and inverse exchange-traded products (ETPs) starting May 20. The brokerage notified customers via text message that all investors will be required to maintain a basic deposit of 10

According to CEO Dave Ricks in an interview with The Economist on July 15, Eli Lilly announced a major strategic transformation from a traditional drug manufacturer to a preventive medicine platform company. Ricks stated that the company's goal is not simply to treat diseases but to help people

According to Yonhap Infomax, KB Securities on July 16 announced the elimination of the minimum deposit exemption for single-stock leveraged and inverse ETF/ETN transactions, effective July 20. All investors must now maintain a minimum deposit of 10 million won to trade these products, regardless of

According to Emirates NBD, on July 14, the Dubai-based bank went live on the Partior network to offer instant cross-border U.S. dollar payments, becoming one of the first financial institutions in the Middle East, North Africa and Türkiye region to deploy blockchain-based settlement technology.

Spot palladium declined below $1,300 per ounce today, down 1.17% intraday.

As of 2:30 PM on July 16, according to Jin10 Futures, China's interbank offered rates money-sentiment index (CNEX) reported 50, down 4 points from 10:15 AM. The index for large banks, mid-to-small banks, and non-bank institutions stood at 49, 52, and 49 respectively, each down 4 points. The index ra

Japan's Nikkei 225 index fell 2.8% to close at 66,835.54 points on July 16, while the Tokyo Stock Exchange index declined 1.5% to 4,028.79 points.

According to the Wall Street Journal, citing people familiar with the matter, DeepSeek is preparing to go public on Shanghai's STAR board (Science and Technology Innovation Board). The AI company plans to file its IPO application by the end of 2026, with the earliest listing targeted for the

TSMC reported Q2 net profit of 706.56 billion TWD (approximately 32.59 trillion KRW), a 77.4% increase from the same period last year and significantly above the market estimate of 632.6 billion TWD. The results mark a record high for the company on a quarterly basis and represent the ninth