Global TradFi & Macroeconomics

Today, South Korea's KOSPI index plunged 670 points, closing down 8.95%, while semiconductor giant SK Hynix tumbled 15.4%, marking its largest single-day decline on record.

According to investment sector analysts, a securities firm projected the KOSPI index could reach 11,450 on July 13, citing continued upside potential from semiconductor and artificial intelligence investment cycles. The firm noted that while near-term momentum remains supported by chip and AI

Metaplanet completed its acquisition of Siiibo Securities for JPY 2.1 billion on July 13, 2026, and launched Metaplanet Securities as a regulated digital asset investment banking subsidiary. The acquisition enables Metaplanet to structure and distribute Bitcoin-backed financial products within

According to Barclays analysts on July 13, rising oil prices stemming from U.S. strikes on Iranian targets and Iranian attacks on shipping in the Strait of Hormuz over the weekend could prompt Bank of England monetary policy committee members to signal inclination toward interest rate increases in c

On July 13, 2026, Metaplanet completed its acquisition of Siiibo Securities for JPY 2.1 billion and formally launched Metaplanet Securities as a regulated digital asset investment banking subsidiary. The new subsidiary operates under a Type I Financial Instruments Business Operator licence from

South Korea's stock market has experienced its most severe volatility since the 1998 Asian financial crisis, with the 60-day price swings of the MSCI South Korea Index reaching their highest level in over 28 years. The benchmark index has fallen 28% from June highs, with a 10% plunge in early

Hana Securities analyst Lee Jae-man stated that KOSPI reached a technical bottom after falling 8.95% to 6,806.93 on July 13. SK Hynix declined 15% and Samsung Electronics dropped over 10% on the same day. Lee forecasts the index could rise to 11,450, citing three factors: a maximum drawdown rule

On Monday, Microsoft shares rose 0.2% in overnight trading, bucking declines across the broader market. Retail traders on Stocktwits called MSFT 'the safest earnings play,' citing upcoming results scheduled for July 29. Analysts expect revenue to reach $87.66 billion and adjusted profit to

Memory chip companies and AI-related technology firms are expected to report significant sales increases as earnings season arrives, driven primarily by the AI boom serving as a catalyst for growth. Wall Street analysts have identified several companies anticipated to deliver substantial year-over-y

According to MoneyDj, Hong Kong's Hang Seng Index rose 0.16% to close at 24,213.72 points today (July 13), with the daily candlestick turning positive. The Hang Seng Tech Index fell 0.96% to 4,676.43 points. Blue-chip and resource

Market rumors circulated on July 13 afternoon that quantitative trading strategies had incorporated South Korean tech stock movements into their factor models, potentially triggering cascading reactions across A-share tech sectors. Multiple leading quant funds subsequently responded, stating that th

According to India's Ministry of Trade, the country's imports of crude oil and petroleum products totaled $19.33 billion in June.

According to India's Ministry of Commerce, the country's gold imports reached $1.97 billion in June.

According to the China Pharmaceutical Industry Information Center, Conson Pharmaceuticals (01681) entered China's top 100 pharmaceutical industrial enterprises list for the first time on July 12 and was rated as a company with investment potential in the sector. The company reported full-year

According to Iranian state television, on July 13, Iran stated the Strait of Hormuz remained closed due to alleged U.S. violations of the Islamic Baku memorandum. Iran said the strait's closure aims to establish Iranian sovereignty over the waterway in

The USD-KRW exchange rate sharply declined during the London trading session on the 13th, briefly falling to the early 1,490 won range. As of 5:40 PM, the exchange rate stood at 1,496.00 won, down 5.40 won from the previous trading day's Seoul close of 1,501.40 won. The decline accelerated after

According to a Reuters survey, economists expect the Bank of Canada will not adjust its interest rate policy before 2027. Some economists noted they cannot rule out the possibility of future rate cuts.

According to Hyperliquid News, TradeXYZ announced plans to launch the KraneShares SSE STAR Market 50 Index ETF (KSTR). The ETF, issued by U.S.-based KraneShares, will track the Shanghai Stock Exchange Science and Technology Innovation Board 50 Index.

According to Financial Times and Bloomberg, major global asset managers including Fidelity International, BlackRock, Invesco, and JP Morgan Asset Management are reducing their exposure to Asian semiconductor stocks today (July 13), citing excessive concentration risk. The combined weight of