Global TradFi & Macroeconomics

According to TSMC's July 16 earnings briefing, the chipmaker reported second-quarter revenue of US$40.2 billion and net profit of NT$706.6 billion (US$21.9 billion), up 23.4% sequentially, driven by strong AI-related demand. TSMC raised its 2026 revenue growth outlook in US dollar terms to

According to Jin10 data, Chinese stock indices fell on July 16, with Shanghai Composite declining 1.85% to 3,882.41 points, Shenzhen Component dropping 1.97% to 14,488.65 points, and ChiNext Index tumbling 2.95% to 3,692.46 points. China's Science and Technology 50 Index led losses with a 4.02% decl

According to Jin10 Futures, spot gold broke below the 4000 level in early Asian trading on July 17, while spot silver hit a new low. The movements mark continued weakness in both precious metals, with internal and external market prices showing convergence in early trading.

On July 16, SK Hynix ADR plunged 21.5% in two days, closing at $152.31, according to market data. The Philadelphia Semiconductor Index dropped 4.3%, with Micron, Intel, and AMD each declining 5–6%. TSMC reported a 77% increase in second-quarter net profit but its ADR fell 2.3%, suggesting market co

According to Netflix's Q2 earnings disclosure, the streaming company reported revenue of $12.56 billion, up 13.4% year-over-year. The company's advertising business is forecast to generate $3 billion in annual revenue. Despite the strong financial performance, Netflix's stock fell more than 8%

According to Jin10 Futures, as of 8:30 AM Beijing time on July 17, spot platinum fell 0.80% and spot palladium fell 0.42%.

According to South Korea's Financial Services Commission announcement on July 16, memory chip stocks tumbled following new regulatory curbs on single-stock leverage ETFs. The Philadelphia Semiconductor Index fell over 4%, while the Memory Chip Index declined 7%. Individual stocks posted steeper

According to Security Times, Baidu's board authorized the conversion of its Hong Kong listing from secondary to primary status on July 16, with the change expected to take effect this year. The move would give the Chinese search and AI company dual primary listings on Hong Kong Stock Exchange and

According to Odaily, Apple stock closed up 1.76% at $333.26 today, hitting an all-time high. On July 15, Apple Intelligence completed its first generative AI filing in China, with Alibaba's Qwen AI integrated as the primary capability provider. The service will offer text and image understanding, an

According to sources, on July 15, Stripe and Advent International jointly proposed acquiring PayPal at $60.5 per share, valuing the company at over $53 billion, representing approximately 28% premium to PayPal's Tuesday closing price. JPMorgan Chase and Morgan Stanley committed to provide $50 billio

According to Korea Exchange and ETF CHECK, 73.36 trillion won flowed into single-stock leveraged and inverse ETFs of Samsung Electronics and SK Hynix over the past month (June 16 - July 15). Among them, the KODEX SK Hynix single-stock leveraged ETF received 34.47 trillion won, accounting for the

The USD-KRW 1-month NDF contract closed at 1,479.20 won in overnight New York trading, down 0.35 won from Seoul's 1,480.40 won close after adjusting for swap points. The Bank of Korea raised rates by 25 basis points the previous day and signaled further hikes. A 4.29% drop in the Philadelphia

According to foreign brokers cited by Yonhapinfomax, the US dollar-won 1-month NDF in New York settled at 1,479.20 won (MID) on July 17, down 0.35 won from the previous Seoul market close of 1,480.40 won at 3:30 p.m. Bid quotes stood at 1,479.00 won and ask quotes at 1,479.40 won.

South Korean life insurance companies recorded increased sales of savings-type insurance in April, reversing a trend that had seen these products sidelined in favor of protection insurance. New contracts for individual savings insurance reached 245,854 cases totaling 14.1923 trillion won in April, u

According to Federal Reserve Vice Chair Jefferson, current monetary policy is in good shape, though he would reconsider the Fed's policy stance if inflation fails to cool down in the near term. Speaking Thursday in prepared remarks for a Stanford event, Jefferson said the Fed's current interest

According to the Korea Life Insurance Association, savings-type insurance new contracts through April 2026 reached 245,854 cases and 141.923 trillion won, up 1,000 cases and 400 billion won year-over-year. The increase comes as the KOSPI index hit 9,000 points, boosting sales of variable annuity ins

According to Jin10 Futures, LPG prices in South China saw narrowing gains on July 17, as downstream inventory remained elevated and buying sentiment weakened. Softer international crude prices and lingering geopolitical uncertainties further dampened market

According to Jin10, on July 17, Federal Reserve official Beth Logan stated the Fed should raise interest rates to combat persistently high inflation. She noted that June inflation data, released Tuesday, shows price growth is moderating but remains insufficient to confirm that inflation has