Global TradFi & Macroeconomics

According to CCTV Finance, on September 23, Tesla CEO Elon Musk praised the Shanghai Gigafactory during a televised interview, attributing its success to the Chinese team. Musk described the workforce as talented and reliable, highlighting the factory's top-tier product quality and high production e

South Korean stocks rose on the 23rd, with the KOSPI index opening above the 7100 level and the KOSDAQ expanding gains to over 1% during early trading. As of 9:13 AM, the KOSPI traded at 7129.23, up 1.59% from the previous session, according to Korea Exchange data. The gains were driven by foreign i

According to Joachim Nagel, ECB Governing Council member and head of the Bundesbank, on Tuesday evening the official stated that if energy prices remain elevated for the long term, monetary policy may need to enter a mildly restrictive range. However, Nagel noted it is too early to determine

According to Bloomberg data compiled by PANews, only 3 companies completed IPOs in September 2026 following the U.S. Labor Day holiday. Among over 24 companies that publicly filed IPO applications since July while working with major Wall Street investment banks, just 9 have completed their

According to KB Securities on September 23, a large-scale U.S. nuclear project is increasingly likely to be included as South Korea's second major U.S. investment initiative, boosting visibility for domestic nuclear firms including Doosan

According to MoneyToday, WisePlanetCompany, a consumer goods retailer, jumped 256.67% to 42,800 Korean won on its first day of trading on South Korea's Kosdaq market on September 23 morning, up from its initial public offering price of 12,000 Korean won. The company, established in 2013 and

According to Money Today, Padu surged 13% to 81,700 won on the morning of Sept. 23, driven by Meta's agent AI application Muze gaining momentum. The South Korean chipmaker supplies AI eSSD controllers and components to Meta. Uanta Securities raised Padu's target price to 110,000 won and

According to MoneyToday, WisePlanet Company, a consumer goods retailer, surged 256% on its first day of trading on South Korea's KOSDAQ market on September 23. The stock rose from its IPO price of 12,000 won to 42,800 won as of 9:20 a.m. local time. The company, founded in 2013, sells shower

According to Jin10 Futures, on September 23, the polypropylene powder market is expected to continue its downward trend as crude oil retreats from elevated levels, weakening cost support. Downstream sentiment remains negative, with pre-holiday purchasing

According to Einfomax, U.S. stock markets showed mixed performance on September 22 amid news of face-to-face talks between American and Iranian delegations at the UN General Assembly in New York. The Dow Jones Industrial Average fell 0.36%, while the S&P 500 remained flat and the Nasdaq

Samsung Electronics and SK Hynix saw Korean stocks rise on the 23rd at 9:07 AM amid expectations of increased demand for memory semiconductors including DRAM. Samsung Electronics traded at 284,000 won, up 7,500 won (2.71%) from the previous day's after-market closing price, while SK Hynix stood at 1

According to the Financial Supervisory Service on September 23, KDB Life Insurance decided to implement an 83.33% capital reduction via a temporary shareholder meeting scheduled for October 15. The move will reduce outstanding shares from 116.61 million to 19.43 million and capital from 583.1

According to Money Today, on September 23, Samsung Electronics and SK Hynix gained 2.71% and 2.12% respectively, trading at 284,000 and 1,879,000 Korean won, as investors expect increased demand for DRAM and memory semiconductors. The Philadelphia Semiconductor Index rose over 2% overnight on

According to Edaily, South Korea's KOSPI index rose 1.94% to close at 7,150 points today (September 23), while the technology-focused KOSDAQ index gained 0.88%.

According to Frank Heemskerk, ASML executive vice president, the Dutch lithography company has zero sales of chip manufacturing equipment in continental Europe. "We have completely nothing to sell in Europe," Heemskerk said, citing a lack of investment and new fab construction in the region. Net

According to PANews, South Korea's KOSPI index rose 1.73% (up 121.17 points) to 7,139.08 at the open on September 23.

The Asian Development Bank (ADB) raised South Korea's economic growth forecast to 3.2% from 2.6% on September 23, marking a 0.6 percentage point increase. The upward revision reflects strong manufacturing indicators including July and August PMI and BSI data, alongside

According to Guru Club, Brent crude oil futures fell toward $98 per barrel on September 23, down for the sixth consecutive trading day.

According to the Asian Development Bank (ADB), on September 23, South Korea's 2026 economic growth forecast was raised to 3.2%, up 0.6 percentage points from July's projection of 2.6%. The ADB also set 2027 growth at 2.3%. Inflation is projected at 2.7% for 2026 and 2.2% for 2027. The upward

The Asian Development Bank (ADB) raised its 2026 growth forecast for Asia-Pacific developing economies to 5.0%, up from 4.9% previously, while lowering inflation expectations. The ADB cited strong investment, government stimulus measures, and artificial intelligence-related exports as offsetting