Global TradFi & Macroeconomics

According to Shinhan Investment, on October 8, SK Innovation's target price was raised to 240,000 Korean won, a 20% increase, driven by the integration of Darwin LNG from the Barossa gas field. Shinhan's research team noted that SK Innovation's Energy & Solutions business now has a complete

Amazon's trailing price-to-earnings ratio (PER) hit 20x, the lowest level since its initial public offering, according to data from TrendSpider cited by Yahoo Finance. Over the last month, the stock declined 2.4% even as NVIDIA and AMD reached new highs and Meta surged 23%, closing at $259.92 on the

According to Jin10 Futures, CBOT soybean oil futures declined on Wednesday, with the benchmark contract closing 3.2% lower due to unwinding of long oil-short meal crush spread positions and weakness in international crude oil futures. Traders noted the combination of spread liquidation and falling c

According to Yahoo Finance citing TrendSpider data, Amazon's trailing price-to-earnings ratio hit 20x on October 7, marking the lowest level since the company's IPO. Despite the artificial intelligence boom that drove Nvidia, AMD, and Meta to surge in recent weeks, Amazon stock declined 2.4% over th

Japan reported a trade deficit of 687.7 billion yen for August, beating expectations of 715.2 billion yen and improving from July's 399.9 billion yen shortfall.

Foreign investors purchased 585.7 billion yen in Japanese government bonds during the week ending October 2, according to Japanese government data, compared to net selling of 1.34 trillion yen in the previous week.

During the week ended October 2, Japanese investors purchased 1.3246 trillion yen in foreign stocks, compared to 225.8 billion yen in the previous week, marking a surge of approximately 487 percent.

Japan's unadjusted current account for August came in at 4,062 billion yen, exceeding the forecast of 3,194.6 billion yen and the prior month's 2,988.9 billion yen.

Samsung Electronics' 2024 operating profit is projected to approach 370 trillion won, driving expectations for record-breaking shareholder returns of up to 110 trillion won, according to securities firm estimates disclosed following the company's Q3 results announcement. The projection stems from Sa

Foreign investors net purchased 2.19 trillion yen of Japanese stocks in the week ending October 2. The previous week's data was revised upward to negative 354.2 billion yen from an initially reported negative 362 billion yen.

Korea Investment Trust Management announced on the 8th that its ACE Life Asset Shareholder Value Active ETF achieved the top benchmark-relative performance among active ETFs over a 6-month period. According to Korea Exchange data from the previous day, the ETF recorded a 55.15% return over the

Broadcom, Oracle and SpaceX are seeking tens of billions of dollars in private credit financing to pay for artificial intelligence chips, according to reports from The Wall Street Journal and The Financial Times. Broadcom has been working in recent weeks to arrange more than $50 billion in financing

Japan's August trade balance posted a deficit of -399.884 billion yen, coming in better than the forecast of -803.1 billion yen. The figure was largely unchanged from the previous month's -399.9 billion yen.

In the week through October 2, Japan's purchases of foreign bonds totaled -347.6 billion yen, compared to a revised prior week figure of -682.3 billion yen.

According to Korea Exchange, Korea Investment & Securities' ACE Life Asset Value Active ETF ranked first among 336 listed active ETFs based on 6-month benchmark-relative performance on October 8. The fund delivered a 55.15% return over the period, outperforming its benchmark by 54.10 percentage

Japan Exchange Group (JPX) announced on the 7th a major restructuring of the Tokyo Stock Price Index (TOPIX), reducing constituent stocks meeting new criteria from 1636 as of September end to 986—a cut of approximately 40%. The overhaul, the second phase of Tokyo Stock Exchange reforms initiated in

Hanmi Pharmaceutical received domestic approval for its independently developed obesity treatment Epeglenatide on the 7th, prompting iM Securities to raise its target price for Hanmi Pharmaceutical stocks from 600,000 won to 650,000 won. The approval milestone, combined with progress in the

Pumtech Korea is expected to exceed third-quarter market forecasts, Daol Investment & Securities reported on the 8th. Analyst Park Jong-hyun cited the company's high capacity utilization and recent factory acquisition as evidence of strong demand for cosmetic containers driven by K-beauty

The Federal Reserve disclosed in September Federal Open Market Committee (FOMC) minutes that no Fed funds were used during late July currency market intervention conducted jointly with Japan to counter yen weakness. The Fed stated it acted purely as the Treasury Department's fiscal agent,

Korea Investment & Securities forecasts the Korean won will continue strengthening against the US dollar after the KRW/USD exchange rate touched the 1,330 won range on September 8. Researcher Moon Da-woon attributed the won's recent strength to increased dollar inflows from South Korea's trade