Global TradFi & Macroeconomics

Hanall Biopharma's stock fell 6.87% to 43,400 won on the previous trading day following news that partner company Immunovant discontinued development of the cutaneous lupus erythematosus (CLE) indication for autoimmune disease drug candidate IMVT-1402 (imeloprubart). Immunovant announced on

Korean securities stocks declined on the previous trading day as reduced trading volumes and rising interest rates created an unfavorable business environment. The KRX Securities Index fell 1.67% to 1776.17, with major firms including Kiwoom Securities, Samsung Securities, and Korea Financial

Hanall Biopharma stocks fell 6.87% to 43,400 won on the 28th following news that partner company Immunovant discontinued development of drug candidate IMVT-1402 for cutaneous lupus erythematosus (CLE). Immunovant announced on the 23rd (local time) that the Phase 2 proof-of-concept trial in 57

According to Korea Exchange, South Korean brokerage stocks fell on September 29 as third-quarter trading activity weakened significantly. Average daily trading volume declined 37.6% to 34.9 trillion won in Q3 through September 28, compared to 55.9 trillion won in Q2. The KRX Securities Index

Immunovant, Hanall Biopharma's partner, halted the Phase 2 clinical trial for IMVT-1402 targeting cutaneous lupus erythematosus (CLE) on September 23 after the trial failed to meet its primary efficacy endpoint against placebo. Hanall's stock declined 6.87% to 43,400 Korean won on September 29.

According to CNN, Palantir's CEO will attend a lunch meeting with President Trump and House Speaker John Johnson on Tuesday, September 29.

International oil prices rebounded slightly on May 28 (US Eastern Time) after US President Donald Trump rejected Iran's proposed 7-day ceasefire, which had initially sent crude prices surging over 4 percent intraday. West Texas Intermediate (WTI) crude for November delivery closed at $92.60 per

According to Odaily and Gate data, the U.S. dollar to Chinese yuan exchange rate (USD/CNH) fell to 6.710 in the past 24 hours, currently trading at 6.70959 with a 0.2% decline.

On September 28 (U.S. Eastern time), crude oil futures closed with modest gains as geopolitical tensions between the United States and Iran fluctuated. West Texas Intermediate (WTI) crude for November delivery rose $0.19, or 0.21%, to $92.60 per barrel, while Brent crude for November closed at $105.

On Monday (Sept 28), U.S. 10-year Treasury yield surged to 5.2361%, marking the highest level since 2007 and approaching the 5.3228% peak from mid-2007. The 2-year Treasury yield climbed 7.89 basis points to 4.9305%, nearing the April 30, 2024 intraday high of 5.0434% and inching toward the 5%

According to Jin10, on Monday (September 28), U.S. President Trump said Canada will likely reach out to the U.S. within three to four weeks to announce it will cancel all tariffs. Trump noted that 95% of Canada's trade is conducted with the U.S., while trade with Canada represents only a small

SpaceX and Google have announced major space industry events scheduled for late May and early June, drawing attention to whether underperforming space-related exchange-traded funds (ETFs) might rebound. SpaceX's Starship is set for its 14th test flight on May 28 (local time), marking the first

Meritz Financial Holding stock surged 5.57% to close at KRW 132,600 on the 28th, following subsidiary Meritz Securities' approval to operate a commercial paper (CP) issuance business as a comprehensive financial investment firm with over KRW 4 trillion in equity capital. The approval enables Meritz

The KOSDAQ market showed resilience on September 28, rising 0.25% to 846.58 while the KOSPI fell 2.70% to 6889.74 amid Middle East geopolitical risks and surging US Treasury yields during the holiday period. This contrasting performance has drawn attention to whether KOSDAQ can sustain a year-end reversal against large-cap dominated KOSPI, breaking a historical pattern where KOSDAQ underperformed during the post-Chuseok to year-end period in 15 of the past 20 years. The divergence comes as gover

According to Yonhapnews, on September 28, the three major U.S. stock indices declined after Washington rejected Iran's 7-day plan, which included proposals to reopen the Strait of Hormuz. The Dow Jones Industrial Average fell 347.11

According to the Financial Supervisory Service, complaints in South Korea's financial investment sector jumped 86.1% year-over-year to 9,548 cases in the first half of 2026, with securities firms and asset managers reporting the largest increases. Securities companies saw complaints rise 99.6% to 3,

According to Korea Exchange, on September 28, Meritz Securities received approval for commercial paper (CP) business operations as a comprehensive financial investment company with more than 4 trillion

According to Korea Exchange, on September 28, KOSDAQ rose 0.25% to 846.58 while KOSPI fell 2.70% to 6,889.74 amid global headwinds including Middle East tensions and rising U.S. Treasury yields. The outperformance marks a shift in market dynamics, as KOSDAQ has historically underperformed KOSPI from September through year-end. Data shows KOSDAQ's ownership structure is changing: individual investors' share dropped from 70% in April to 54% in July, while foreign investors increased from 21.5% to

South Korea's Financial Supervisory Service (FSS) reported that financial complaints surged 39.5% in the first half of 2026, reaching 78,979 cases compared to 56,633 in the same period of 2025. The increase was driven by complaints related to stock and ETF trading, requests for unfair trading

Bank of Korea reported that South Korea's corporate business sentiment fell in September after three months of gains, with the all-industry Corporate Business Sentiment Index (CBSI) dropping 0.5 points to 99.1. The decline was driven by manufacturing sector weakness stemming from reduced operating d