Global TradFi & Macroeconomics

According to statements by Tiantian Liquor Industry Limited (00389) and Wang He, on August 6, 2026, Wang He proposed to acquire 56.32 million shares (18.68% of the company's issued capital) at HK$0.20 per share through a partial takeover offer. Wang He and his concert party currently hold 33.84 mill

According to the Russian Central Bank, the country's gold and forex reserves reached $740 billion as of the week ending August 7, 2026, up from $720.3 billion the previous week, representing a weekly increase of

According to Jin10, Federal Reserve official Hamrick said on August 13 that interest rate hikes may bring near-term pain, but are necessary to prevent the economy from growing and investing too quickly, which would lead to overheating. He added that inflation is broad-based across industries and

According to multiple Anthropic investors, the AI startup is expected to go public in October at a valuation of $2 trillion or higher, which would make it the largest IPO on record and exceed SpaceX's current valuation. Separately, chipmaker Cerebras plummeted 16% in premarket trading after

Robinhood Ventures Fund II raised $200 million through its initial public offering, according to market sources.

Natixis economists Christopher Hodge and Selin Aker stated Wednesday morning's CPI report demonstrates easing inflationary pressures, but last Friday's dismal nonfarm payrolls data means the Federal Reserve must now consider both sides of its dual mandate between now and the September meeting. The e

SpaceX stock (SPCX) rose 12% on Wednesday to $149.29, marking a 36% gain over five sessions and adding more than $500 billion in market value. The rally was triggered by the release of Grok 4.6 from SpaceXAI, the company's artificial intelligence division. The AI unit lost $1.26 billion last

US government interest payments reached $1.17 trillion since October, surpassing the $804 billion spent on national defense over the same period. The gap widened as total US debt reached $39.89 trillion on August 10, leaving only $108 billion before the $40 trillion threshold. Rising bond yields

On Wednesday (August 12), SpaceX (SPCX) stock surged 12% to $149.29, adding $500 billion in market value—a 36% gain over five trading sessions. The rally followed SpaceXAI's release of Grok 4.6, marking a significant product update. However, SpaceXAI's AI division lost $1.26 billion last quarter

According to US Treasury data, interest payments on public debt have reached $1.17 trillion since October, surpassing defense spending of $804 billion. This marks a significant acceleration of a trend that first emerged in fiscal 2024, when net interest exceeded defense by $123 billion annually;

According to U.S. data released on August 13, the July Producer Price Index rose 4.2% year-over-year, a significant decline from 5.5% in June, beating market expectations and signaling cooling inflation pressures. Federal Reserve officials remain divided on policy direction; Cleveland Fed

According to BlockBeats, Richmond Federal Reserve President Thomas Barkin said today that many Federal Reserve officials believe current interest rates are sufficiently restrictive to control inflation. Barkin did not explicitly state his personal position on rate increases. However, he also noted t

Saudi Arabia's Public Investment Fund-led consortium completed the $55 billion acquisition of video game publisher Electronic Arts in August, marking the largest leveraged buyout on record. The deal delisted EA from Nasdaq after nearly 37 years and provided shareholders with $210 per share in

Samsonite (01910.HK) announced interim results for the period ending June 30, reporting profit attributable to shareholders of 90.9 million USD, down 23.1% year-on-year. The Hong Kong-listed travel goods company attributed the decline to ongoing conflicts in Iran and other Middle East regions,

Dickson Concepts announced today that Harvey Nichols UK's business and assets have been sold. The company clarified that Harvey Nichols UK is not a group member and that Dickson holds no ownership stake, shares, or financial ties to the UK entity. The group's Harvey Nichols retail operations in

Samsonite (01910) reported for the first half of 2026 that shareholders' net profit was $90.9 million, down 23.1% year-over-year, with basic earnings per share of $0.066. Revenue rose 1.14% to $1.681 billion. Gross margin was 60.5%, up 130 basis points, boosted by a $16.6 million gain from U.S. tariff refunds following a Supreme Court ruling. Excluding the tariff benefit, gross margin improved 30 basis points. The company cited Middle East conflict-driven inflation pressuring travel demand and c

Gold futures gained $41.20 on Wednesday following a July Consumer Price Index report that matched economist expectations, with CPI rising 0.1% month-over-month and Core CPI increasing 0.2%. The inflation data provided relief to gold markets concerned about potential Federal Reserve rate hikes,

According to reports from the Western Pharmacy Conference, on August 12, 2026, major Chinese pharmaceutical companies including Tsingtao Da Ren Tang, Yunnan Baiyao (000538.SZ), East Aiao (000423.SZ), China Resources Jiangzhong, and Pfizer China, alongside leading pharmacy chains like

According to the Korean Corporate Governance Forum, on August 13, SK Hynix drew criticism over its plan to list U.S. subsidiary Solidigm, with the forum calling it a "five-tier cascading listing" structure that has no precedent globally. The forum's statement directly addressed SK Group Chairman

According to Richmond Federal Reserve President Barkin's latest comments, AI investments appear immune to interest rate levels. Current inflation is largely driven by transitory shocks that should fade, though some inflation factors including artificial intelligence may prove persistent. U.S.