Global TradFi & Macroeconomics

Finger announced on September 23 that it has signed a stock purchase agreement to acquire 100% stakes in SeahAFSI and S&G Holdings from Aramis Holdings Investment Corporation for 155 billion won. The transaction is scheduled to close on October 30. Finger will establish a special purpose company (S

South Korea's won currency recorded a real effective exchange rate of 89.89 in August, rising 5.2% from July's 85.45, according to data from the Bank for International Settlements. The increase moved Korea from the second-lowest to third-lowest position among 64 economies tracked by BIS, a ranking t

Kyobo Asset Management completed a name change from Kyobo AXA Asset Management at a shareholder meeting held the previous day, according to Kyobo Life Insurance on the 23rd. The rebranding follows Kyobo Life Insurance's acquisition last month of the 50% stake held by BNP Paribas Asset Management

According to Kyobo Life Insurance, Kyobo Asset Management (formerly Kyobo AXA Asset Management) completed its company name change on September 23 after acquiring the remaining 50% stake from BNP Paribas Asset Management Holdings for 107.5 billion Korean won. The acquisition concluded an 18-year

The Korean securities sector index traded at 5017.55 as of 9:40 AM on the 23rd, up 0.41% from the previous trading day but down 13.3% from its August 13 high of 5786.32, according to Korea Exchange data. The decline reflects concerns over earnings slowdown driven by reduced trading volumes and

According to the Bank for International Settlements, the Korean won's real effective exchange rate rose to 89.89 in August from 85.45 in July, up 5.2% and marking the second consecutive month of gains. The improvement moved South Korea's ranking from second-weakest to third among 64 BIS-tracked econ

3billion's stock surged 23.06% on the 23rd after announcing its selection for Korea's ARPA-H rare disease treatment project. As of 9:49 AM, the AI-based rare disease genetic diagnostics company traded at 5,790 KRW on the KOSDAQ market, up 1,085 KRW from the previous trading day. The company's

According to official announcement, Three Billion's stock surged 23% to 5,790 Korean won on September 23 after being selected as a collaborative research partner for South Korea's ARPA-H initiative ARISE. The AI-based rare disease diagnostics company was selected to participate in the rare disease d

According to Korea Exchange data, on September 23, the KOSPI Securities Index fell to 5017.55, down 13.3% from its August 13 peak of 5786.32. Daily average trading volume in Q3-Q4 totaled 52 trillion Korean won, a 43% decline compared to 91.1 trillion won in Q2-Q4, and credit balance dropped

According to Jin10, as of 08:45 on September 23, the CNEX money market sentiment index reported 49, down 2 points from 16:00 the previous day. Sentiment indices for major banks, mid-sized banks, and non-bank institutions stood at 47, 50, and 49 respectively, each declining 2 points.

Wiseplanet Company (0010S0) surged over 250% above its offering price on the 23rd during its KOSDAQ debut. The media commerce company's stock traded at 42,500 won as of 9:15 AM, representing a 254.17% gain from the 12,000 won offering price, according to Korea Exchange data. The opening price was se

According to the Korea Exchange, media and commerce company WisePlanetCompany surged 254.17% on its KOSDAQ debut today (September 23), with shares opening at 42,750 won versus an offering price of 12,000 won. The stock reached a session high of 46,000 won before settling near opening levels. The com

According to BMI, the research arm of Fitch, South Korea's downstream oil and gas sector is set to remain stable in 2026 despite rising freight costs and geopolitical risks. The country is shifting toward a broader energy security strategy, aiming to reduce its reliance on Middle Eastern crude. Acco

According to Financial News, WisePlanet Company surged on its first trading day on September 23, opening at 41,050 won, a 242% increase from its 12,000 won IPO price. The stock climbed to an intraday high of 46,000 won, representing a 283% gain from the offering price. WisePlanet is a brand

Federal Reserve research shows US Treasury yield sensitivity varies dramatically by investor type during large-scale selling. When Foreign Official Investors sell $500 billion in Treasuries, 5-year yields rise 14 basis

Meta's AI agent Muse triggered a 3% drop in US banking stocks on the 22nd (local time) as investors feared AI disruption of asset management. Charles Schwab plunged 6.1%, Ameriprise Financial fell 4.4%, and Raymond James declined over 3% after Muse overtook ChatGPT in Apple iPhone free app

Fadu stocks surged 9.82% to 79,400 won at 9:32 AM on the 23rd, driven by investor expectations of increased demand tied to Meta's AI agent 'Muse.' The Korean semiconductor component manufacturer supplies enterprise solid-state drive (eSSD) controllers to Meta for AI infrastructure. Market

Nvidia director Mark Stevens sold $300 million in Nvidia stock on September 18, completing a series of sales totaling $947 million over the past month. According to securities disclosures, Stevens sold $410.8 million between August 31 and September 2, and $235.6 million on September 4. Stevens

According to a Federal Reserve research paper released on September 23, the impact of large Treasury selloffs on bond yields varies dramatically by investor type. Foreign official investors (FOI) selling $500 billion in U.S. Treasuries would raise 5-year yields by just 14 basis points, while