Global TradFi & Macroeconomics

Daishin Securities recorded 403.3 billion won in net profit during the first half of 2024, more than double its full-year 2023 earnings, yet lacks a comprehensive framework for disclosing inclusive finance activities despite regulatory calls for expanded social responsibility. The company's

According to Korea Exchange, Jusung Engineering (036930) climbed 4.73% to 232,500 Korean won on Sept 30, lifting its market capitalization to 10.8 trillion won and ranking 3rd on KOSDAQ, surpassing EcoPro BM (10.6 trillion won). The semiconductor equipment maker's ranking has surged 54 positions si

According to Jin10 Futures, on September 30, fuel oil futures warehouse inventory fell to 550 tonnes from 2,550 tonnes the previous trading day. Low-sulfur fuel oil futures warehouse inventory increased to 35,000 tonnes, up 35,000 tonnes from the prior session. Other energy and chemical futures

On Sept 29, South Korea's Financial Supervisory Service (FSS) criticized Daeshin Securities and other brokerage firms for insufficient inclusive finance activities compared to banks. FSS chief Lee Chan-jin stated, "The securities industry's social contribution performance lags significantly behind b

According to BlockBeats, Robinhood's blockchain and crypto-related topics were sidelined on Day 1 of HOOD Summit '26 on September 30, despite founder Vlad Tenev announcing new products including crypto perpetual futures and weekend stock trading. The oversight caused related token prices to

European benchmark indexes opened higher on September 30. The Stoxx 50 index rose 0.23%, Germany's DAX gained 0.43%, the UK's FTSE 100 advanced 0.39%, and France's CAC 40 increased 0.04%.

According to Bank of Korea, the net forex intervention transactions for market stabilization in the second quarter totaled -$9.612 billion, compared to -$13.628 billion in the first quarter. The negative figures indicate net foreign currency outflows during the respective

According to Swedish think tank NIER, on September 30, the institute raised its inflation forecasts for both 2026 and 2027. NIER now expects 2026 CPIF overall inflation to reach 1.6%, up from 1.3% projected in August. For 2027, the forecast was upgraded to 2.6%, compared to the previous estimate

According to Jin10, Shanghai gold afternoon price was 907.5 yuan per gram on Wednesday, September 30, trading 3.51 yuan higher than the international gold price of 903.99 yuan per gram.

The USD/KRW exchange rate fell 3.9 won to 1352.8 won as of 3:30 PM on September 30, despite US long-term Treasury yields remaining near historic highs. The Korean won strengthened on expectations of improved trade terms following a decline in international oil prices, with West Texas Intermediate (W

Samsung Electronics stocks closed down 1.47% at 268,500 won on the 30th as investors adopted a cautious stance ahead of Micron's earnings announcement scheduled for tomorrow dawn Korean time. SK Hynix stocks closed up 0.62% at 1,776,000 won. Both semiconductor stocks exhibited a 'strong open, weak c

On Sept 30, China's futures market closed with more gainers than losers in afternoon trading. Natural rubber (NR) led gains with a 5% rise, followed by polyvinyl chloride (PVC) up 4% and synthetic rubber up 3%. In declines, asphalt fell over 3%, while shipping index (China Containerized Freight

According to Interfax, Russia extended its diesel export ban into October. The extension of the fuel export restrictions continues Moscow's measures amid ongoing geopolitical tensions and domestic energy management

On September 30, major European stock indices opened with mixed performance. Germany's DAX 30 index rose 105.40 points, up 0.42%, to 25,480.69. The UK's FTSE 100 index gained 31.48 points, up 0.30%, to 10,668.19. France's CAC 40 index declined 1.23 points, down 0.02%, to 8,034.64. Spain's IBEX 35 in

According to South Korea's Banking Association, the loan-deposit rate spread at the country's five major banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup) widened to 1.456 percentage points in September, expanding by 0.158 percentage points from the previous month. The reversal marks an

According to Yonhapnews, on September 30, Samsung Electronics declined 1.47% to 268,500 won while SK Hynix rose 0.62% to 1,776,000 won during Seoul trading, as investors grew cautious ahead of Micron's earnings announcement expected overnight. Foreign investors and institutions were net sellers of

According to Odaily, South Korea's KOSPI index (benchmark equity index) fell 19.3% in the third quarter, marking its largest quarterly decline since Q1 2020. The index closed at 6838.04 points on Sept 30, down 0.48% for the

According to Odaily, the Nikkei 225 Index closed up 1,272.45 points, or 1.94%, on September 30, settling at 66,753.72 points.

South Korea's KOSPI stock index closed lower on the 30th, reversing early gains as foreign investors sold heavily ahead of key US economic data. The benchmark KOSPI fell 0.48% to 6838.04, after opening 1.06% higher at 6943.47. Foreign investors sold a net 2.05 trillion won and institutions

According to Bloomberg, on Sept 30, Phil Clifton, founder of Pomerium Capital and former portfolio manager at Michael Burry's Scion Asset Management, warned that South Korean undervalued stocks risk falling into value traps. During recent visits to Korea and Japan last month where he met 24