Global TradFi & Macroeconomics

South Korea's national tax revenue is projected to reach a record 478.6 trillion won this year, marking an increase of 104.7 trillion won from the previous year. The surge, driven by a semiconductor industry boom led by Samsung Electronics and SK Hynix, exceeds the March supplementary budget

Insurance companies increased purchases of ultra-long Korean government bonds since early September, with the sector and pension funds net buying 2.72 trillion won of KTBs during this period following 2.3 trillion won in August net purchases. The 30-year KTB yield rose 4.9 basis points to 4.552% sin

According to Japan's Statistics Bureau, Tokyo's core consumer price index rose 2.7% year-on-year in September, exceeding the market expectation of 2.4%. The core-core CPI (excluding fresh food and energy) climbed 3%, up 1 percentage point from the prior month. Following the data release, the

According to Yonhapinfomax, South Korea's national tax revenue is projected to reach a record 478.6 trillion won in 2026, surging 104.7 trillion won compared to last year. The increase is primarily driven by strong semiconductor earnings from Samsung Electronics and SK Hynix. The government plans to

Half of South Korea's matured New Deal Fund sub-funds recorded negative returns according to data submitted to the National Assembly. Lawmaker Park Jun-tae of the People Power Party received data from Korea Development Bank showing 8 out of 17 matured sub-funds posted losses, with an average

Major countries including Korea, Japan, China, and Saudi Arabia are undergoing a fundamental shift in foreign exchange asset management toward high-risk assets including US stocks, according to The Economist on local time October 1st. These governments are moving away from traditional safe assets

Korean semiconductor export companies have accumulated record dollar holdings, but actual dollar supply to the foreign exchange (FX) swap market shows significant variation by timing, according to market analysis. Yuanta Securities strategist Lee Jae-hyung stated that semiconductor boom-driven forei

Robin Brooks, former Goldman Sachs foreign exchange analyst and Brookings Institution senior fellow, published analysis stating that the European Central Bank is the root cause of the debt crisis triggered by France's surging bond yields. Brooks wrote on X and Substack that French long-term

South Korean securities firms saw equity issuance underwriting volumes plunge by more than half in Q1-Q3 compared to the same period last year, with total underwriting reaching 2.5719 trillion won versus 6.2372 trillion won previously, according to Yonhap Infomax data released on the 2nd. The

According to The Economist on October 1, major global nations' sovereign wealth funds and public pension funds are fundamentally shifting their overseas asset portfolios from traditional safe-haven assets like U.S. Treasury bonds and gold toward higher-yielding, higher-risk investments,

According to Hong Kong Exchanges and Clearing disclosures on September 30, Zhuhai Yiwei Technology passed the Main Board listing hearing, with China Index Securities and Guotai Junan International as joint sponsors. The company is a

According to Yuanta Securities strategist Lee Jae-hyung, South Korea's FX swap market experienced significant volatility in late September despite abundant dollar liquidity from semiconductor export booms. One-month FX swap points fluctuated between minus 0.25 won and minus 0.75 won from September 2

According to former Goldman Sachs analyst and Brookings Institution senior fellow Robin Brooks, on October 1, the root of France's debt crisis lies with the European Central Bank, not French finances itself. Brooks stated that France's long-term government bond yields have reached a 20-year high

According to NEWSIS, Taiwan's Taipei weighted index fell 0.18% to 48,266.76 points on October 2, retreating from an earlier 0.08% gain. The gauge opened higher following overnight strength in U.S. markets, but selling pressure in major tech stocks subsequently drove the index to fluctuate within a 4

ING published an analysis on October 1 (local time) stating that approximately 50% of long-term bond yield increases stem from inflation expectations, while artificial intelligence accounts for only 20% of the impact. The bank explained that within the 20% AI-related influence, 70% reflects

KONA I completed its 100% acquisition of US card manufacturer Protec Secure Card (PSC) on December 1 (local US time) in New York, finalizing the deal approximately one month after announcing the acquisition plan on November 1. The acquisition, executed through KONA America Holdings, cost 20.1

According to ING bank, on October 1, artificial intelligence accounts for only 20 percent of the increase in long-term bond yields, with inflation responsible for roughly 50 percent and fiscal deficits accounting for 30 percent. The bank further broke down AI's 20 percent impact: 70 percent stems

According to Fortune, Citibank has raised its 12-month Bitcoin price target from $82,000 to $113,000 and increased its Ethereum target from $2,240 to $3,028 over the next 12 months. The bank forecasts approximately $5 billion in inflows to crypto ETFs during this period, citing factors including

According to SMM, more than 1,020 members of the supervisory and staff union at BHP's Escondida copper mine in Chile recently rejected the company's final wage proposal by a 95% margin and voted to authorize a

According to South Korea's central bank and international financial data, the USD Index declined 4.32% from 108.4 on January 31 to 103.7 on October 14, reflecting reduced dollar demand amid U.S. recession concerns. Despite this, the Korean won depreciated 0.08% over the same period, with the