Global TradFi & Macroeconomics

SK Hynix ADR fell 5.57% to $161.83 in US pre-market trading as of 8:51 AM local time on August 18, pressured by surging Treasury yields. The decline was driven by concerns that rising bond rates increase discount rates used in corporate valuations and enhance the appeal of fixed-income assets over e

U.S. industrial production rose 0.2% month-over-month in July, missing economist expectations of 0.3%, according to Commerce Department data. The reading marked a slowdown from the previous month's 0.1%

U.S. industrial capacity utilization reached 76.3% in July, matching the expected forecast, up 0.2 percentage points from 76.1% in June.

Multiple securities firms raised their target prices for Nongshim following the company's Q2 earnings report, reflecting improved export performance. Financial data provider FnGuide reported Nongshim's consensus target price at 569,091 won on the 18th, up 4.80% from 543,000 won recorded on the 13th

Super League Enterprise will be renamed Superplanet, Inc. and transformed into a Nasdaq-listed Bitcoin treasury platform majority-owned by Tokyo-listed Metaplanet, Inc. The transaction involves Metaplanet contributing 2,100 Bitcoin worth approximately $132.1 million plus $2.5 million in cash in

Klarna (NYSE: KLAR) reported Q2 results on Tuesday, August 18, delivering revenue of $1.042 billion, up 27% year over year and above its $960 million to $1 billion guidance, with net income of $9 million and earnings of $0.01 per share, reversing a $53 million loss from a year earlier. The stock

According to Hankyung, South Korean brokerages raised Nongshim's price target to 569,091 won on August 18, up 4.80% from 543,000 won on August 13, following the food company's better-than-expected Q2 earnings. Nongshim posted Q2 operating profit of 59.3 billion won, up 47.6% year-over-year and

According to Klarna's Q2 earnings report released on August 18, the company beat on revenue at $1.042 billion, up 27% year over year and above its own $960 million to $1 billion guidance, swinging to net income of $9 million and earnings of $0.01 per share from a $53 million loss a year earlier.

According to Smart Finance, Vitech (06133) expects a net loss of approximately 6.2 to 6.5 million RMB for the six months ended June 30, 2026, compared to a net loss of about 8.41 million RMB for the same period in 2025. Revenue for the first half of 2026 is expected to be zero, down from approximate

Dafang Guangrui Holdings Limited (00755) expects net profit attributable to shareholders of approximately HK$12 million for the six months ended June 30, 2026, according to an earnings guidance announcement. This represents a turnaround from a net loss of approximately HK$16 million in the same

SC crude oil futures, the main contract on Shanghai International Energy Exchange, gained more than 2% intraday on August 18, reaching 587 yuan per barrel.

During tonight's night session opening, China's commodity futures main contracts showed mixed gains and losses. SC crude oil, low-sulfur fuel oil (LU), rapeseed meal, propylene, coking coal, and fuel oil rose over 1%, while synthetic rubber, iron ore, bottle flakes, and soybean meal two climbed

According to Zhitong Finance, Baima Tea (06980) reported first-half 2026 profit of 189 million yuan, up 65.3% year-on-year, as revenue rose 31.8% to 1.4015 billion yuan. Tea products drove growth, with oolong tea, black tea, and tea combination sets seeing significant increases, pushing tea revenue

According to Zhitong Finance, Baima Tea (06980) proposed an interim dividend of 1.2 yuan per share on August 18.

Jane Street posted a $15 billion loss in July, marking the trading firm's first monthly loss in over a decade, with average daily losses of approximately $650 million. The significant downturn was primarily driven by losses in AI-related investments, including exposure to the Situational Awareness h

According to BlockBeats, Fabrinet's stock plunged over 11% in premarket trading on Aug. 18 despite beating earnings expectations, with fourth-quarter adjusted earnings per share of $4.10 versus the consensus estimate of $3.81. Revenue surged 45% year-over-year to $1.32 billion, also exceeding

According to Zhitong Finance, for the six months ended June 30, 2026, Lemo Technology (02539) reported revenue of RMB 443 million, up 2.3% year-over-year, with net profit of RMB 36.75 million, down 3.2% from the same period last year. Basic earnings per share stood at RMB 0.66. As of June 30, the c

According to reports, Shenzhen-based robot maker Zhiji Motion has confidentially submitted a Hong Kong IPO application, targeting to raise up to $300 million. The company is working with CITIC Securities on the listing process. Zhiji Motion CFO Jesse Liu recently stated the company is preparing

According to ChainCatcher, Yushu will list on August 19, with Hyperliquid pre-market futures priced at $102 (approximately 683 yuan), valuing the company at 276.4 billion yuan. The price represents a 6.7x increase relative to the 150.8 yuan IPO subscription price.

Alpaca has registered its subsidiary Alpaca Derivatives as a futures commission merchant with the Commodity Futures Trading Commission and joined the National Futures Association, establishing the regulatory foundation to intermediate event contracts for customers. The brokerage infrastructure