Global TradFi & Macroeconomics

Korean financial holding companies adjusted only 10% of performance bonuses exposed to reduction triggers in 2024, according to a Financial Supervisory Service audit. The FSS found that out of 576.5 billion won in bonuses exposed to direct or indirect adjustment causes, only 56.8 billion won was

Major Korean financial holding company chairmen have up to 20 billion won in future cash compensation through performance-linked stocks, according to semi-annual reports disclosed on the 24th. The scale of performance-linked stocks to be received in cash later more than doubled thanks to stock

According to the Inter-bank Foreign Exchange Market, on Aug 24, the USD/CNY midpoint rate was reported at 6.7841, up 24 basis points (CNY depreciation). EUR/CNY declined 43 points to 7.8863; GBP/CNY rose 43 points to 9.2144; AUD/CNY climbed 337 points to 4.8395. Other key pairs: HKD/CNY 0.86542 (+7.

According to Business Insider, MRB Partners strategist Phillip Colmar warned on Friday (August 21) that if 10-year U.S. Treasury yields approach 5%, the S&P 500 could decline 15-20% as investors trigger a broad "risk-off" event. Colmar noted this week that elevated long-term Treasury yields have

According to the Financial Supervisory Service, South Korea's financial holdings actually recovered only 568 billion won (10%) of the 5.76 trillion won in at-risk executive bonuses in 2025. Major banks including KB Financial, Woori Financial, and Hana Financial saw minimal or zero adjustments

According to Economic Daily, semiconductor silicon wafers have experienced their first significant price increase since the COVID-19 pandemic, with hikes of around 10% across 6-inch, 8-inch, and 12-inch specifications. Taiwan-based suppliers including GlobalWafers, Taisheng Technology, and Hejiing h

Federal Reserve Chair Kevin Warsh's shift toward less transparent communication will increase market volatility, according to Goldman Sachs chief economist Jan Hatzius. In a recent report cited by Business Insider on the 23rd (local time), Hatzius warned that reducing forward guidance will make it h

According to Business Insider, on August 23, Federal Reserve Chair Kevin Walsh signaled a potential shift in the Fed's communication strategy that could reduce forward guidance to investors. Goldman Sachs Chief Economist Jan Hatzius warned in a recent report that decreased transparency on the Fed's

According to Guru Club, fuel oil futures' main contract dropped 2% on August 24, trading at 3,773 yuan per ton.

According to Guru Club, Brent crude oil futures fell 2% to $90.798 per barrel today (August 24), while WTI crude slipped below $85 per barrel with a 1.52% daily decline.

Alibaba announced on Sunday the 23rd a placement of 710 million new shares at HK$112.7 per share, raising approximately HK$80 billion (around US$10.2 billion) in its first share issuance since listing in Hong Kong in 2019. The placement price represents an 8.4% discount to the Friday the 21st Hong K

Bitcoin rose approximately 23% last week, posting its best weekly performance in more than three years and breaking out of a trading range in which it had been trapped below $67,000 for months. It was briefly trading near $77,500 on August 24. Coinage founder Zack Guzman said Bitcoin “has established itself as a debasement trade,” with the rally driven primarily by direct buying rather than leverage. Market Impact of the U.S. Treasury Secretary’s Expansion of Treasury Buybacks Last Wednesday, Tr

MRB Partners warned this week that US stocks could decline 15-20% if long-term Treasury yields continue rising, with partner Philip Colmar stating the market is nearing a de-risking phase. The 10-year Treasury yield surpassed 4.7% this week while the 30-year yield exceeded 5.2%, driven by

Taiwan's stock exchange weighted index opened today at 45,240.30 points with minimal movement.

On Monday, August 24, Shanghai Gold Exchange's gold T+D contract rose 2.04% to 997.75 yuan per gram during early morning trading, while silver T+D surged 1.3% to 16,854 yuan per kilogram.

Shanghai silver futures main contract rose 2.00% intraday on August 24, trading at 16,944.00 yuan per kilogram.

According to Jin10 on August 24, SoftBank Group plans to issue a record 1 trillion yen (approximately $6.3 billion) in retail bonds. The seven-year bonds are expected to be priced on September 4, with an initial coupon range of 4.3% to 4.9%. The proceeds will support the company's commitment to

According to Caixin Quick News, Alibaba (BABA) announced on Sunday an equity offering of 710 million shares priced at 112.7 Hong Kong dollars per share, raising approximately 80 billion Hong Kong dollars (about 10.2 billion US dollars). The offering price represents an 8.4% discount to Alibaba's Hon

According to SBS's "Running Man" aired on August 23, actress Ji Ye-eun revealed that her stock investments resulted in a loss of -47%. She explained that she entered the market after hearing others discuss stocks, saying "I thought, why not try it too?" despite friends' warnings against

According to Bitget, WTI crude oil declined 1.00% to $85.44 per barrel today (August 24).