Global TradFi & Macroeconomics

According to Herald Economics, on July 13, South Korean authorities are reviewing regulatory measures for single-stock leveraged ETFs tracking Samsung Electronics and SK Hynix, which have drawn scrutiny for amplifying market volatility since their launch 1.5 months ago. Current proposals include

NVIDIA has decided to temporarily abandon TSMC’s COUPE (Compact Universal Photonic Engine) co-packaged optics solution and instead switch to Tower Semiconductor’s silicon photonics platform. According to engineering analysis from Irrational Analysis, the main reasons NVIDIA launched Plan B were delays in the development of TSMC’s titanium nitride (TiN) PDK and the fact that the development of 2D grating couplers did not meet expectations. Plan A Exit: TSMC COUPE Faces SiN PDK Delays and 2D Grati

AI hyperscalers including Amazon, Alphabet, NVIDIA, Meta, and Oracle are issuing unprecedented bond volumes this year to finance AI infrastructure construction, disrupting traditional bond market order and capital flows. Last week, Amazon issued $25 billion in bonds, marking the seventh instance thi

Big Tech companies are deploying off-balance-sheet bond issuance to fund AI infrastructure construction, according to a May 13 report by Columbia Business School professor Steen van Nieuwerburgh. The financing approach allows hyperscalers to raise capital for data centers and power grids without

According to Farside Investors data, for the week ending July 11, U.S.-listed spot Bitcoin ETFs recorded net inflows of $197.4 million, ending eight straight weeks of weekly net outflows since May 11. However, 10x Research founder and CEO Markus Thielen said it is too early to call that institutional demand has recovered. BlackRock Bitcoin ETF sees $291.9 million net inflows; Grayscale, Fidelity, and ARK see outflows According according to Farside Investors data, the fund flows for major Bitcoin

MIT professor Ricardo Caballero published a paper last month analyzing that artificial intelligence (AI)-generated wealth will likely concentrate among corporations and capital owners rather than workers, as AI functions as 'labor-like capital' that directly performs tasks previously handled by

According to ZhiTong Financial, on July 9, Wangidata (09698) shared its latest green energy practices at the "Datacenter Green and Low-Carbon Transformation Forum" organized by China's National Energy Conservation and Carbon Reduction Center in Beijing. The company announced that its nationwide

Japanese stock indices rose in morning trading, with the Nikkei 225 gaining 238.68 points (0.35%) to 68,796.41 and the Topix advancing 26.78 points (0.66%) to 4,062.86 at 9:19 AM. The gains followed strength in US artificial intelligence and semiconductor stocks on the 10th (local time), which

Foreign investors reduced their selling in South Korea's KOSPI market on the 10th, recording a net sale of 330.1 billion won, according to data released by the Korea Exchange on the 13th. While the selling bias persists, the magnitude was lower than the early last week session on the 6th.

According to Yonhap Infomax, hyperscale AI operators issued record bond offerings this week, with Amazon's $25 billion issuance marking the seventh instance of a $25+ billion single offering by tech firms in 2026. Amazon, Alphabet, Nvidia, Meta, and Oracle's combined bond issuances account for

According to Columbia Business School Professor Steen van Nieuwerburgh's report on July 13, AI hyperscalers are financing massive datacenter infrastructure through off-balance-sheet special purpose vehicles (SPVs), masking actual leverage ratios that can reach 70-80% or even 90% on individual

According to Yonhap Infomax, on July 13, Japan's Nikkei 225 index rose 238.68 points or 0.35% to 68,796.41, while the Topix index gained 26.78 points or 0.66% to 4,062.86. The rally followed strength in U.S. technology and semiconductor stocks on July 10 (local time). SK Hynix's American

According to MIT professor Ricardo Caballero and multiple Wall Street analysts, AI-generated wealth concentration among capital owners could lower long-term interest rates as a secondary effect. Caballero's research suggests that as AI boosts corporate profits and capital gains, wealth flows to capi

Korean retail investors poured approximately 100 trillion won into the domestic stock market through June, with margin debt ballooning to a record 38 trillion won last month, as concentration in Samsung Electronics stocks and leverage exchange-traded funds (ETFs) reached 70% of total KOSPI trading v

Standard Chartered Bank’s global head of crypto asset research, Geoff Kendrick, said in an analysis report sent to clients on July 11 that Strategy chairman Michael Saylor’s communication about its Bitcoin strategy shift was not clear enough, which may confuse the market about the BTC price in the short term. MSTR stock closed on Friday at $94.64, down more than 70% since July 2025. Strategy’s Strategy Shift: From “Never Sell” to Selling BTC to Prioritize STRC Preferred Dividend Payments Accordi

SpaceX, which listed on Nasdaq at $135 per share with a market capitalization of $1.77 trillion (approximately 2,700 trillion won), experienced a 7.2% surge on May 29 amid extreme post-IPO volatility, prompting LS Securities senior researcher Lee Jae-kwang to analyze the company's stock outlook

Kiwoom Securities analyzed hourly order patterns in the Korean stock market during June and found that 52% of retail investor participation occurs in the first hour after market opening (9–10 AM), with an additional 28% occurring pre-opening (8–9 AM). Experts attribute this concentration to

Samsung Electronics and SK Hynix single-stock leveraged exchange-traded funds (ETFs) recorded losses of up to 43% from their May 27 launch through July 10, according to Korea Exchange data released July 13. Individual investors poured over 13 trillion won into the 16 related products during this

Global PC shipments declined 4.9% in the second quarter, marking the first drop in two years, according to market analysis firm IDC as reported by Yahoo Finance on local time. The decline is attributed to rising memory costs driven by a global memory shortage. IDC's research director for consumer de

According to researcher Han Ji-young of Kiwoom Securities, South Korea's KOSPI has triggered circuit breakers (trading halts) 6 times in 9 trading days this month as of July 13, marking unusual market volatility. The frequency has reached roughly once every four days, driven by a combination of