Global TradFi & Macroeconomics

LS Securities on May 29 upgraded its target price for GS Engineering & Construction from 44,000 won to 50,000 won while maintaining a buy rating. Analyst Kim Se-ryeon stated the valuation adjustment reflects the company's strengths in artificial intelligence (AI) data centers and nuclear power

SPDR Gold Trust, the world's largest gold ETF, increased its holdings by 4.277 tons on September 27, bringing current total holdings to 1,058.832 tons.

According to LS Securities analyst Kim Se-ryeon, the firm raised its target price for GS Engineering & Construction from 44,000 won to 50,000 won on September 29, maintaining a buy rating. Kim cited the company's strength in AI data center development and nuclear power projects as key drivers for th

According to CNBC's Jim Cramer, stocks fell on Monday (September 28) as Treasury yields jumped and oil prices surged. The Dow Jones Industrial Average dropped 347 points, or 0.7%, while the S&P 500 and Nasdaq declined 0.8% and 0.9%, respectively. Cramer said investors should remain selective

According to Goldman Sachs, global equity markets may face clearer upside opportunities before year-end without waiting for the U.S. midterm elections to conclude. Goldman partner Mark Wilson said markets have already priced in stagflation risks adequately, and if the economy develops toward a "Gold

Hana Securities researcher Kim Du-eon stated in a September 29 report that market attention in October will shift from diplomatic expectations to corporate earnings. The US and China extended their trade truce from November 10 to January 10, lowering immediate collision risks, but core tariff and ad

Goldman Sachs and BlackRock executives expressed optimism about Korean stocks during meetings with Financial Services Commission Chairman Lee Eok-won on the 28th at 'Korea Premium Week 2026'. Kevin Sneider, Goldman Sachs Asia-Pacific Representative, reaffirmed the firm's earlier forecast that

According to South Korea's Financial Services Commission, announced on September 28 at Korea Premium Week, the regulator will accelerate adoption of Bear Hug disclosure rules requiring listed companies to mandatorily announce M&A offers and board opinions to all shareholders. The measure aims to

According to the Financial Services Commission on Sept 28, Goldman Sachs and BlackRock executives met with South Korea's financial leadership to reassess the nation's capital market outlook. Goldman Sachs Asia-Pacific head Kevin Snyder reiterated the bank's 12,000-point KOSPI target, citing South Ko

According to a Hana Securities report on September 29, the U.S. and China have extended their trade truce by two months to January 10, 2027, easing immediate tariff escalation risks. However, the extension does not lower actual tariff costs for companies, as key tariffs and tech-focused disputes

According to iShares Silver Trust data, the world's largest silver ETF saw its holdings decline by 14.05 tons yesterday, bringing total holdings to 15,364.64 tons.

Korean companies cancelled trillions of won worth of treasury stocks following a mandatory cancellation law implemented in March, but the large-scale buyback cancellations failed to deliver sustained stock price gains, with some major firms seeing double-digit percentage declines instead. Hyundai

Navitas Semiconductor Corp. (NVTS) was selected for the U.S. Army's ALATTIS program on Monday, causing NVTS Stocks to jump 20% in after-hours trading. The company was chosen after a competitive evaluation of leading U.S. silicon carbide technology companies to develop ultra-high-voltage silicon carbide (SiC) power semiconductor technology. The ALATTIS program, which stands for Accelerated, Large-Area, 10 kV SiC IGBT, is sponsored by the Army Research Laboratory under the U.S. Army Combat Capabil

Shinhan Securities maintained its 'buy' investment rating and 170,000 won target price for EcoPro BM on the 29th. Analyst Park Jin-soo cited short-term sales contraction as unavoidable due to major clients' weak sales performance, but identified large-scale European customer deliveries expected

According to South Korea's financial investment industry, Hyundai Motor decided to cancel 2.505 million shares (worth approximately 789 billion Korean won) on Sept 28. However, the stock price fell 15.8% from Sept 27 closing, ending at 353,500 won. Large-scale share buybacks have failed to drive

According to Shinyang Securities analyst Park Jin-soo on September 29, the brokerage maintained a buy rating and 170,000 Korean won price target for EcoPro BM. While short-term sales headwinds persist at major customers, Park expects a significant boost from European customer deliveries beginning in

According to Iranian media outlet Fars News, on September 29, Iran's deputy chief of the parliamentary committee on national security and foreign policy stated that the nuclear issue is no longer the core focus of negotiations. The Strait of Hormuz has become the central point in talks with the

According to Michael Hartnett, Bank of America's chief strategist, if the MOVE index—which measures U.S. Treasury volatility—surges above 125 while the iShares Global Finance ETF (IXG) falls below $125, equity markets may face a sharp "risk-off deleveraging event." In recent days, the MOVE index sur

Korean investors' net purchases of US stocks fell 57.7% in August to $1.962 billion, down from $4.642 billion in July, according to Korea Securities Depository data released on the 29th. The sharp decline reflected reduced bargain-hunting demand as US markets rebounded and heightened interest rate u

BigWave Robotics, an industrial physical AI platform company, listed on the KOSDAQ market on the 29th. The company's initial public offering was priced at 18,000 won per share, resulting in a market capitalization of approximately 184.9