Global TradFi & Macroeconomics

IREN announced on Aug. 13 that the “Horizon 1” AI data center at its Childress campus in Texas had passed Microsoft’s acceptance testing, sending IREN shares up more than 10% during U.S. trading that day. Horizon 1 is the first of four 50MW liquid-cooled data centers under the $9.7 billion, five-year contract IREN and Microsoft signed in November 2025, using direct-to-chip liquid cooling technology. Horizon 1 Delivery Details Horizon 1 is located at IREN’s Childress campus in Texas. In the offic

According to quantitative trading firm Susquehanna, demand in the gold options market has shifted markedly from downside protection toward bullish call options. Recently, investors purchased 8,000 contracts of SPDR Gold Trust (GLD) call options expiring in November with a $460 strike price. Susqueha

Semiconductor companies drove the USD-KRW exchange rate down approximately 150 won over the past month from early July, with the rate falling from the 1,560 level to the 1,410s. The decline stems from massive dollar selling by exporters, particularly Samsung Electronics and SK Hynix, which are

Samsung Electronics and SK Hynix are set to expand shareholder returns amid a historic semiconductor boom, according to South Korean securities firms on August 16. Both companies posted record-high second-quarter results this year, with surging cash generation fueling expectations that combined

Over 40 listed companies on South Korea's KOSPI and KOSDAQ markets received adverse audit opinions on their mid-year reports as of August 18, raising concerns about potential delistings. The rejection of audit opinions by accounting firms has prompted investors to exercise heightened caution

Gate News message, Riot Platforms(@RiotPlatforms) continues its Bitcoin sales. During the first half of 2026, Riot Platforms sold a total of 9,665 BTC valued at $732.46 million, with an average selling price of $75,785 per BTC.

According to Bitget market data, Hong Kong-listed AI model stocks Zhipu and MINIMAX-W declined on August 18, with Zhipu dropping over 10% and MINIMAX-W over 8%.

According to the Korean Exchange, a new securities market for fractional investment products will open in November. The market will enable trading of fractional stakes in art, real estate, music copyrights, and other alternative assets on the exchange. Traditional electronic securities will be

Hong Kong-based private equity firm Affinity Equity Partners is refocusing its exit strategy on SK Rent-a-Car after failing to acquire South Korea's leading rental car company, Lotte Rental. Affinity had originally planned to acquire SK Rent-a-Car and then merge it with Lotte Rental to create a

Alibaba (09988-HK) released the beta version of its AI music-generation model, “HappyShrimp 1.0,” on August 17, allowing users to generate complete songs with melodies, arrangements, lyrics, and vocals—or purely instrumental works—simply by entering text prompts. Users can also provide their own lyrics, with AI completing the composition, arrangement, and vocals. HappyShrimp 1.0 Feature Details HappyShrimp 1.0 offers two main creative modes, along with multiple customizable parameters: Text Prom

The 30-year U.S. Treasury yield climbed to 5.321% today, marking its highest level since mid-2007. The surge reflects ongoing market dynamics in the long-term bond market.

According to data from Korea Securities Depository, South Korean retail investors made net purchases of $4.5 billion in U.S. stocks in July, as cited by CNBC. Among these purchases, approximately $840 million was invested in SK Hynix American Depositary Receipts (ADR), making it the second-largest U

South Korean 30-year government bond yields hit a record high as the spread between 10-year and 30-year bonds widened to 40 basis points on the 12th. The ultra-long bond weakness stems from reduced demand by insurers and pension funds combined with aggressive short selling activity. According to

The USD/KRW exchange rate remained in a prolonged technical oversold zone as of August 18, with the pair trading at 1,415.60 won at 6 AM, up 2.60 won from the previous Seoul session close. The sustained decline occurred after the rate peaked at 1,559.20 won on July 1 and subsequently dropped

Jeffrey Gundlach, CEO of DoubleLine Capital known as the 'Bond King,' warned on '17일(현지시간)' that Wall Street's efforts to create artificial intelligence (AI) chips as a new investment asset class could signal a peak in risk assets, according to Business Insider. Gundlach expressed concern over

The Korea Corporate Governance Forum opposes the government's plan to extend a tax deferral privilege for holding company conversions, stating the measure undermines efforts to address Korea's market discount. The Ministry of Economy and Finance proposed in its tax reform plan announced on the 3rd t

According to Yonhapinfomax, South Korea's 30-year government bond yields reached historic highs on August 18, climbing to 4.660% on a private market basis. The yields peaked at 4.685% on August 12, marking the highest level on record. Meanwhile, the 10-year-30-year spread widened to 40 basis

According to Yonhap Infomax, Seoul forex dealers expect the dollar-won to trade in a range of 1,410–1,425 won on August 18, with upward pressure from Middle East geopolitical risks. President Donald Trump's decision not to extend a ceasefire memorandum with Iran has intensified tensions around the S

Bitcoin exchange balances increased by approximately 28,000 BTC after reaching a low on July 28, Santiment Intelligence reported on Aug. 17. The rebound reversed roughly 84% of a prior six-week decline that had removed about 33,000 BTC from exchanges between June 12 and July 28. Santiment's Supply o

SC crude oil main contract surged 6.00% intraday on August 18, trading at 602.90 yuan per barrel.