Global TradFi & Macroeconomics

According to Nikkei, Japan's Financial Services Agency is reviewing adjustments to the cap on private trading system (PTS) transactions, currently limited to 10% of total stock trading volume. The review follows a surge in trading activity driven by increased interest in artificial intelligence

Morgan Stanley has characterized the recent steep correction in memory semiconductor stocks as nearing completion, with current valuations presenting a tactical re-entry opportunity. Micron, Samsung Electronics, SK Hynix, and memory ETFs have all declined over 20% from recent highs, triggered in

According to Bloomberg, Singapore-based data center operator DayOne has confidentially submitted an IPO application to the U.S. Securities and Exchange Commission, planning to go public as early as Q4 2026. The company aims to raise approximately $5

According to interim results released on August 11, 2026, Yangtze River Life Technology (00775) reported first-half revenue of HK$2.716 billion, up 4.22% year-over-year, with shareholders' loss attributable to the company of HK$28.73 million, down 80.95% from the prior year. Loss per share was HK$0.

The KOSPI index recorded its seventh consecutive weekly decline this week, marking the longest losing streak since 2022. The index dropped 5.1% this week and now sits 33% below its June peak of 9,385.59. Samsung Electronics and SK Hynix drove 76% of total market losses during this period. The declin

According to Hedgeye, German stocks rose 0.7% this morning (August 11), continuing recent bullish momentum.

Korean stocks attempted a rebound on 08/07 09:39 KST, with the KOSPI rising 0.15% to 6,305.72 after a 4.58% decline the previous day to 6,296.38. Foreign investors switched from net selling of 3.327 trillion KRW on the prior session to net buying of 285.7 billion KRW on 08/07. The reversal

TSMC has approved establishing a new joint venture with Sony Semiconductor, with the company planning to invest approximately 282 billion yen. The joint venture is expected to begin mass production in 2029.

Saudi Arabia declared readiness to take all necessary measures against any invasion, emphasizing its cooperation with the United States remains at a very high level, including operational coordination with US Central Command. The statement follows escalating tensions in the Red Sea, where Houthi

On August 11 at 10:30 KST, Gwangjeon Electronics shares surged 19.9%, with trading volume reaching 96.4 billion Korean won.

St. Louis Federal Reserve President Alberto Musalem stated that underlying inflation likely remains between 2.5% and 3%, significantly above the Federal Reserve's 2% target, while emphasizing that the labor market is not the cause of price increases. Musalem's assessment shifts focus away from

Saudi Arabia stated it is prepared to take all necessary measures against any invasion, including maintaining operational cooperation with the US Central Command, following Houthi declarations of a maritime blockade in the Red Sea and an August 5 attack on a Saudi oil tanker in the Gulf of Aden.

According to Pars news agency, Iran's parliamentary committee on national security and foreign policy is reviewing draft legislation titled "Strategic Measures for Security and Sustainable Development in the Strait of Hormuz and Persian Gulf." The bill would prohibit vessels from the United

South Korea's KOSPI index declined 5.1% this week, extending losses to seven consecutive weeks—the longest streak since 2022—and fell to 33% below its June 9 record high of 9,385.59. Samsung Electronics and SK Hynix led the decline, accounting for 76% of losses as deleveraged positions in AI

According to Morgan Stanley, the memory chip industry is entering the final phase of its recent downturn, with Micron, Samsung, and SK Hynix shares down over 20% from recent highs, alongside memory-related exchange-traded funds. The selloff was partly triggered by a local brokerage's estimate for SK

Bitcoin held the $64,000 level on August 5 (local time), closing near $64,200 to $64,300 with a 24-hour gain of approximately 0.9% to 1.0%, while Ethereum traded around $1,870 in a moderately bullish session. The crypto market absorbed three key drivers: Bitcoin spot ETF net inflows of $211.5

Strait of Hormuz tanker traffic remains far below pre-war levels more than five months after the US-Iran conflict began, with August 5 data showing 5 vessels passed in 24 hours compared to a pre-crisis daily average exceeding 20 vessels, according to Kpler. An alternative count recorded 2 vessels on

According to its audited quarterly report, Tether purchased an additional 14 metric tons of gold in Q2 2026, bringing its total holdings to 146 metric tons valued at approximately $18.8 billion, a record high. The purchase follows a wave of acquisitions between Q3 2025 and Q1 2026, when Tether

Bloom Energy is expanding its partnership with Meitak Computing to build a standalone fuel cell microgrid at an AI server manufacturing campus in Fremont, California. The expansion follows an existing facility in San Jose, adding a second California site to the contract. Grid connection

Alphabet attracted $115 billion in orders for a $25 billion bond issuance, marking the second-largest demand in history. The company raised its 2026 capital expenditure outlook to $195 billion-$205 billion to fund AI infrastructure investments. Investor demand rebounded after last month's selloff in