Global TradFi & Macroeconomics

Nvidia is planning a follow-on investment in Perplexity as part of a new round that would value the AI firm at $30 billion, Reuters reported on Monday, citing a report in The Information. The chipmaker first invested in the AI startup in late 2023. Technology critic Ed Zitron criticized the move, st

Per a working paper from the Federal Reserve Bank of Cleveland, beliefs about future returns—not demographics like age or income—are the primary driver of cryptocurrency ownership. Crypto holders surveyed expected average annual returns of 22%, compared with just 7% among non-owners, despite most

According to Hana Securities analysis on August 24, South Korea's KOSPI index has risen 31.4% from July lows this month. The rally's sustainability hinges on three key variables: shareholder returns from

Short-selling positions increased in several Korean stocks that experienced recent price surges, as of the 19th, according to Korea Exchange data. The positions expanded despite upward price momentum, reflecting divergent investor expectations about these stocks' future direction. The phenomenon

According to Korean Economic TV, Samsung SDI stock broke above 500,000 KRW for the first time since late April on August 24, hitting a high of 522,000 KRW intraday with a 9% gain. The surge followed the company's announcement on August 21 that it would sell its Samsung Display stake for

The Bank of Korea is conducting potential growth rate estimation work that could create opposing forces on monetary policy, according to an August 24 report. If the potential growth rate rebounds from its declining trend, the resulting GDP gap reduction could exert downward pressure on medium- and s

The Bank of Korea is revising its potential growth rate estimates, a process that could influence the Korean won's valuation over the medium to long term. The central bank previously estimated potential growth at an average of 2.0% for 2024-2026 in December 2024, citing declining working-age

Moderna (NAS:MRNA) and Merck (NYS:MRK) announced the success of their Phase 3 clinical trial for a personalized mRNA cancer vaccine on 23일(현지시간), as reported by The Washington Post (WP). Mark Owick, a 73-year-old tennis coach from California, completed the 1-year trial after facing high recurrence r

According to the Bank of Korea, on August 24, the central bank is recalculating the nation's potential growth rate, last estimated at 2.0% for 2024-2026. Market participants noted that if the revised rate is higher, it could improve long-term return expectations on Korean won assets and partially al

According to multiple strategists, U.S. Treasury yields face mounting pressure heading into Fed Chair Kevin Warsh's speech at the Jackson Hole economic symposium on Friday. The 30-year Treasury yield has surged to its highest level since 2007, despite Treasury Secretary Scott Bessent's

SK Telecom's stock price climbed on the 24th at 2:13 PM, according to Korea Exchange data, as US artificial intelligence company Anthropic — in which SK Telecom holds an equity stake — advanced plans for what is described as the largest-scale initial public offering to date. The stock movement

According to the Korean Exchange, SK Telecom shares surged 92% on August 24 as U.S. artificial intelligence firm Anthropic accelerated its initial public offering plans. The surge reflects anticipated gains from SK Telecom's earlier investment in Anthropic, coupled with expectations for expanded

Kang Ho-jun, CEO of education company Daekyo, purchased over 315 million won worth of company shares over 5 consecutive trading days from the 5th to the 11th, according to Financial Supervisory Service disclosures on the 24th. The purchases occurred exactly 5 days before the deadline for potential m

According to Korea Exchange filings on Aug 24, Kang Ho-jun, CEO of education company Daegyo, purchased over 315 million Korean won worth of company shares during five consecutive trading days from Aug 5–11. The purchases increased his shareholding from 26,000 shares to 324,796 shares, with an

According to Mark Dowding, fixed income head at RBC Capital Markets, the firm continues to favor inflation-linked bonds and interest rate swaps on August 24, citing unclear Middle East peace prospects. Dowding stated that hopes for a peace agreement have weakened further, with trade flows through th

The Philippines' Department of Energy announced fuel price increases starting August 25, with gasoline rising by P1.08 per liter, diesel by P2.31 per liter, and kerosene by P0.95 per liter. The adjustments were disclosed during a press conference on August 24. The increases stem from global crude pr

According to Societe Generale rate strategists, German 10-year Bund yields reached 3.25% on Aug 24, hitting the bank's fourth-quarter target. However, strategists noted the selloff is far from over, citing that term premium reconstruction

According to the Department of Energy, fuel prices in the Philippines are set to increase starting Tuesday, August 25, marking the second consecutive week of hikes. The DOE announced on August 24 the following adjustments: gasoline will rise by 1.08 pesos per liter, diesel by 2.31 pesos per liter, a

According to Goldman Sachs research published on August 21, MSCI Asia Pacific ex-Japan (MXAPJ) reported 135% year-over-year profit growth in the second quarter, with 46% of companies beating earnings expectations. The index trades at 11x forward price-to-earnings, nearly 2 standard deviations

According to Jin10, A stock CPO sector stocks declined sharply in afternoon trading on August 24. Zhongji Xuechuang fell nearly 10%, while Tianfu Communications dropped over 11%. Xinyisheng, Taichen Optoelectronics, Cizhou Electronics, Changguang Huaxin, and Dongshan Precision all declined more