Global TradFi & Macroeconomics

Hanwha Ocean sold over $2 billion in currency forwards on the 13th, marking its second consecutive large-scale foreign exchange hedging operation following a $2 billion transaction on the 10th. The shipbuilder is executing a strategic shift announced last month to raise its hedge ratio

KOSPI stocks experienced a sharp decline in trading activity on July 13, with daily average trading volume falling to 37.2639 trillion won for the week of July 6-10, down from a peak of 59.8994 trillion won during June 1-5. The decline was driven by reduced retail investor participation, with

Major Korean preferred stocks traded at an average 52.74% discount to their common stock counterparts as of May 13, widening from 37.43% at the end of last year, according to Korea Exchange data. The discount expansion occurred as common stocks rallied on AI semiconductor, robotics, and nuclear

According to Yonhap Infomax, Hanwha Ocean sold over $2 billion in forward foreign exchange contracts on July 13, continuing a series of currency hedging operations. This follows a $2 billion forward sale on July 10. The company raised its hedging ratio to above 70% last month, marking a shift from i

According to Korea Exchange, South Korea's KOSPI index plunged 8.95% to 6,806.93 on July 13, breaking through the 7,000-point mark amid a dramatic decline in market activity. The benchmark's weekly average trading volume collapsed to 37.26

According to the Korea Exchange, preferred shares of major South Korean firms including Samsung Electronics, Hyundai Motor, and Mirae Asset Securities widened their discount to common stock to 52.74% as of July 13, expanding 15.31 percentage points from 37.43% at year-end 2025. The discount widened

According to Maeil Gyeongje, HLB closed at the daily limit of 25,650 Korean won on July 13 after the U.S. Food and Drug Administration rejected its approval for the combination therapy of ribociclib and camrelizumab, marking the second consecutive trading day decline. The stock has lost over 50% in

Citi cut its 12-month Bitcoin price target from $143,000 to $82,000 in mid-July 2026 and reduced its net exchange-traded fund inflow assumption from $10 billion to zero. The revision followed June 2026 posting the worst month on record for US spot Bitcoin ETFs with roughly $4.5 billion of net

According to Jin10, the European Union is set to approve new trade restrictions on Sudan's gold industry on Monday (July 14), following a proposal from the Netherlands and France. The sanctions include a ban on importing Sudanese gold, prohibiting the export of cyanide and mercury to Sudan, and rest

South Korea's KOSPI crossed the 9000 level this year and the country's stock market capitalization ranks around 7th globally, yet the Korean stock market remains classified as an emerging market by Morgan Stanley Capital International

Lee Chan-jin, Governor of South Korea's Financial Supervisory Service (FSS), warned asset management executives about false and exaggerated ETF advertising practices during a meeting on January 13 at the Korea Financial Investment Association in Seoul Yeouido. The warning followed recent

According to Citi, as of July 2026, the bank cut its 12-month Bitcoin target from $143,000 to $82,000 after removing its $10 billion net ETF inflow assumption, citing negative fund flows as a key driver. Bitcoin trades near $64,020 on July 13, down roughly 46.6% over twelve months. June 2026

According to MSCI, South Korea failed to be added to the MSCI Developed Markets Watch List in 2026, citing insufficient market accessibility as the primary barrier. The agency specifically identified restrictions on offshore won transactions and limited foreign exchange market liquidity as key

According to KOSCOM data as of July 13, Samsung Electronics and SK Hynix accumulated margin loan balances totaling 10.6 trillion won, raising concerns of large-scale forced liquidations as both stocks fell sharply on the day. Samsung Electronics recorded margin debt of 5.41 trillion won following a

According to industry sources, Samsung Biologics Epis has internalized PH20-based subcutaneous injection (SC) formulation technology to support its Keytruda and Enhertu biosimilar development programs. The company aims to apply the proprietary SC platform to these products ahead of original formulat

According to Seoul Economy, on July 13, Financial Supervisory Service (FSS) Chief Lee Chan-jin warned South Korean asset managers over misleading exchange-traded fund (ETF) advertisements during a meeting with 20 major company CEOs in Seoul. Lee stated that false or exaggerated advertising by asset

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to ZDNet Korea Semiconductor, South Korea's Ministry of Climate, Energy and Environment began formulating early-stage power supply plans for a new semiconductor industrial park in the Honam region on July 13, with plans to add new energy storage systems (ESS) and pumped hydro storage

Barclays economist Son Beom-ki released a report on July 13 warning that market participants are considering the risk of back-to-back rate hikes by the Bank of Korea in the fourth quarter. While the BOK is unlikely to signal consecutive increases at its monetary policy meeting scheduled this week, S

Japanese stocks declined on this trading day, with the Nikkei 225 index falling 1,315.00 points (1.92%) to close at 67,242.73, dragged down by sharp losses in artificial intelligence and semiconductor-related stocks. The decline intensified after South Korea's KOSPI index plunged over 8%, weighing o