Global TradFi & Macroeconomics

On August 12, the interbank foreign exchange market reported the RMB central parity rate against the U.S. dollar at 6.7882, appreciating 18 points. The euro/RMB rate was 7.8095, down 58 points, while the British pound/RMB rate stood at 9.1407, down 49 points. The Swiss franc/RMB rate was 8.3461,

KT announced on August 12 that its Q2 2025 operating profit declined 36.1% year-over-year to 648.3 billion won, beating market expectations of 560.5 billion won despite the drop. The telecom operator attributed the year-over-year decline to its customer compensation program following last year's

General Motors has established a $4.5 billion supply chain protection plan to safeguard critical auto parts from disruptions caused by extreme weather, natural disasters, and cyberattacks, according to an announcement on the company's official

Spot gold climbed to $4,390 per ounce with a 0.50% intraday gain on August 12, while NYMEX gold futures rose to $4,450 per ounce, also up 0.50% for the day.

Babcock & Wilcox Enterprises (BW) shares rose 3.5% Tuesday and continued climbing about 0.33% overnight after announcing an agreement with Siemens Energy to begin work on 20 steam turbine generator sets totaling 1 GW of capacity for its FastPower program targeting data center projects. The agreement

Babcock & Wilcox Enterprises (BW) shares climbed 3.5% on Tuesday overnight after the company announced an agreement with Siemens Energy to supply 20 steam turbine generator sets totaling 1 GW of capacity for its FastPower program targeting data center projects. The agreement positions BW to

WTI crude oil futures rose 0.93% intraday to break above $84 per barrel on August 12.

Global institutional investors are increasing their focus on Korean stocks despite recent market volatility, according to Korea Exchange data released on the 12th. Major funds including Abu Dhabi Investment Authority (ADIA) and family offices linked to Silicon Valley executives have initiated invest

According to Jin10 Futures, yesterday (August 11), Mongolia's coking coal market surged, with prices across varieties rising significantly. The rally was driven by concerns over fuel shortages in Mongolia, which may impact future mine production and transport operations, pushing up shipping costs an

Taiwan's overnight interbank rate held steady at 0.805% at the start of trading today (August 12).

Bitcoin traded around $63,700 on August 12, remaining trapped in the $62,000–$66,000 sideways range for more than five weeks. Wincent executive Paul Howard noted that steady ETF inflows are being offset by over-the-counter selling from miners and Strategy (MSTR), while cryptocurrency trading volume has fallen to its lowest level in three years. Bitcoin Trapped in the $62,000–$66,000 Range (Source: SoSoValue) According to analysis by Paul Howard of Wincent, Bitcoin’s recent price action is being

According to a Twitter post, Kolmar Korea recorded its highest quarterly earnings in company history during the second quarter of 2026.

Lotte Engineering & Construction is returning to the public bond market after a 1 year 1 month absence, planning to raise up to 100 billion won through a demand forecast scheduled for the 19th. The company aims to refinance upcoming debt maturities of 70 billion won in September and 118 billion won

Korean stocks surged on the morning of the 12th, with the KOSPI index rising 2.44% to 6500.29 at 9:27 AM, breaking the 6500 level. The rally was driven by strong buying from foreign investors (274.4 billion won net purchase) and institutional investors (12.7 billion won net purchase), while

According to Jin10 Futures, on August 12, China's fuel oil market was supported by continuous crude oil gains and improving market sentiment. However, downstream buyers remained cautious due to elevated costs, resulting in slow buying momentum that limited upside gains. The market was expected to tr

According to The Kobeissi Letter on X, a concentration of trading activity in a handful of stocks has emerged in the U.S. market year-to-date. Nvidia is the most actively traded stock, accounting for 3.0% of total market nominal turnover, followed by Micron at 2.8%, Tesla at 2.1%, and SanDisk at 1.5

According to Bloomberg, Bitwise Asset Management reduced its workforce by 14%, cutting staff from approximately 180 to 155 employees, citing the ongoing downturn in digital asset prices. The company's assets under management (AUM) stand at roughly $9 billion, with its Bitcoin ETF accounting for appr

U.S. physical gold ETF GLD saw retail inflows of $50 million on Wednesday, marking its highest single-day retail flow since March and double the previous record from early April. Total inflows across all investors reached $637 million on Wednesday, the largest single-day flow since June

According to ChainCatcher citing SoSoValue data, Morgan Stanley Solana Trust (MSOL) saw net inflows of $1.4292 million on August 11. This was the sole U.S. Solana spot ETF recording inflows yesterday, bringing MSOL's historical cumulative net inflows to $22.291 million.

CoreWeave disclosed during a recent earnings call that it signed a new contract for NVIDIA A100 GPUs extending through 2029. The A100, originally released in 2020, demonstrates continued market demand despite newer GPU generations entering the market. The contract signing challenges investment