Global TradFi & Macroeconomics

Korea Investment & Securities on October 2nd maintained a 'BUY' investment rating and 360,000 won target price for Naver stocks, stating that the current stock price has largely reflected major negative factors. Naver's closing price on the previous trading day stood at 191,200 won. Analyst Jeong

According to Mizuho, on October 1, the brokerage upgraded BJ's Restaurants (NASDAQ: BJRI) to Outperform from Neutral, raising the price target to $76 from $74. The firm also raised its Q3 same-store sales growth forecast to 5.5% from 4.6%, exceeding the Wall Street consensus of 4.3%. The upgrade

According to Korea Investment & Securities analyst Jung Ho-yoon, Naver's current stock price has mostly reflected major headwinds, maintaining a BUY rating with a target price of 360,000 KRW on October 2. The stock closed at 191,200 KRW on the previous trading day. The analyst noted that stock

According to an announcement on October 1, Intercontinental Shipping (02409) agreed to sell 100% stake in Seacon subsidiaries to Cetus Maritime Holdings Limited for a total consideration of $134 million. The transaction includes a long-term charter arrangement for the subsidiaries'

According to Nick Timiraos on October 2, Federal Reserve Vice Chair Barr Jefferson signaled the Fed may need to wait longer before raising rates again. The remarks echo New York Federal Reserve President John Williams' recent stance. Both top Fed officials are now subtly questioning a potential Octo

BlackRock announced a collaboration with Ondo to tokenize model portfolios using Ondo's tokenization platform. The partnership aims to enhance the accessibility and liquidity of investment products by converting real-world assets into Ethereum-based tokens that enable 24/7 trading and management. Th

SPDR Gold Trust, the world's largest gold ETF, added 0.855 tons to its holdings yesterday, bringing total assets to 1,056.551 tons.

According to X discussions, BlackRock announced a collaboration with Ondo to tokenize model portfolios using Ethereum-based tokens, enabling 24/7 trading and management. The partnership leverages Ondo's tokenization platform to convert real-world investment products into blockchain-based assets,

According to KIS Vietnam, the company on September 17 is expanding its stock margin lending business through capital reinforcement. Margin lending in Vietnam carries interest rates of 8-10%, a high-yield revenue driver that regulators allow securities firms to extend up to twice their capital

According to Jim Cramer of CNBC, enterprise software's comeback was the defining stock market story of the third quarter. The iShares Expanded Tech-Software Sector ETF (IGV) rose 17% during Q3, compared with an 11% decline for the iShares Semiconductor ETF (SOXX), as market leadership shifted away f

On Wednesday, Michael Burry, the investor famous for shorting mortgage-backed securities during the 2008 financial crisis, called for a sharp market crash to prevent OpenAI and Anthropic from going public. In a post on X, Burry stated: "For the welfare of all humanity, the market should crash and

According to Guru Club, Venezuela's oil exports to the United States rose to 629,000 barrels per day in September, while total oil exports declined to 1.08 million barrels per day during the same period.

According to Barron's, Tesla postponed its Roadster showcase event originally scheduled for October 1 to October 15 due to severe weather conditions. The company announced the delay on Monday evening, citing "severe weather situations." The highly anticipated Roadster, first teased in 2017, is

On October 1, U.S. stock indices closed mixed as bond yields fluctuated throughout the session. The Dow Jones Industrial Average rose 20.51 points (0.04%) to 50,926.56, while the S&P 500 advanced 14.91 points (0.19%) to 7,666.45. The Nasdaq Composite gained 10.53 points (0.04%) to 26,871.60. The

Korean stock investors held 107.7257 trillion won in brokerage deposit accounts as of the 29th of last month, an 8.0% increase from August, according to the Korea Financial Investment Association. Despite the 8.0213 trillion won surge in available funds, daily trading volume on the KOSPI fell to

According to the Financial Investment Association of Korea, investor deposits in securities accounts reached 107.7 trillion won as of September 29, up 8 trillion won (8.0%) from 99.7 trillion won at the end of August. However, the increase in cash reserves has not translated into active trading.

According to Financial News, on October 2, DIO minority shareholders mobilized 9% of shares through the Act platform to formally demand value-enhancement and shareholder return plans, citing a disconnect between improved financials and stock performance. H.PE invested 700 billion won in DIO in 2024

According to CME's Fed Watch tool, on October 2, the probability of the Federal Reserve holding interest rates unchanged at its October meeting stands at 75.1%, with a 24.9% chance of a 25-basis-point rate hike. For December, the probability of holding rates steady drops to 20.6%, while the

According to Wall Street Journal and Iranian state media, Iran's 45-day ultimatum to the U.S. expired on October 1, and a VLCC oil tanker carrying 2.5 million barrels was attacked and caught fire off Oman's coast on Thursday. Iran's National Security Council had warned on August 16 that if the U.S.

Korean securities firms operating in Vietnam have begun generating profits after years of preparation, intensifying market share competition in the Southeast Asian nation. Six firms—Mirae Asset Securities, Korea Investment & Securities, Shinhan Investment, KB Securities, NH Investment & Securities,