Global TradFi & Macroeconomics

South Korea's Financial Supervisory Service approved major banks to exclude past operational risk losses from risk-weighted asset calculations, with Shinhan Bank receiving approval last week for Lime Fund-related losses and Hana Bank also obtaining approval. The regulatory action allows banks to

According to Israeli media, Intel's manufacturing facility in Gedera, Israel experienced an explosion on October 14, injuring three workers with severe burns. Two of the workers remain in critical condition. Israeli firefighters extinguished the blaze after dense black smoke and loud explosions

According to South Korea's Financial Supervisory Service, the country's four largest banks received approval today to exclude operational risk losses from risk-weighted assets (RWA), enabling them to expand corporate lending by approximately 4 trillion won. Shinhan Bank and Hana Bank obtained approv

According to Bitwise analyst Ishmael Asad via an X post, Bitwise is working with over 20 wealth management platforms with a combined $24 trillion in assets under management to drive crypto asset exchange-traded product (ETP) approvals. Among Bitwise's partner institutions, 17 have already approved c

According to Bloomberg, AI-powered biotech company Iambic Therapeutics, backed by Nvidia, raised $150 million in its U.S. IPO on October 15, pricing 9.38 million shares at $16 each, within its targeted range of $15 to $17. The offering values the company at approximately $758 million. Iambic began t

According to Yonhapnews, South Korea's main stock indices plunged on October 15 morning, with trading halts activated due to sharp selloffs. KOSPI fell 387.69 points (6.45%) to 5,621.12 and KOSDAQ dropped 56.57 points (6.87%) to 767.31 as of 9:19 a.m., marking KOSDAQ's lowest close since

As of 8:30 AM Beijing time on October 15, spot platinum rose 0.31% while spot palladium gained 0.72% in early trading.

EUR/USD surged past 1.12 today, gaining 0.40% intraday. Separately, USD/CHF declined over 0.50%, trading at 0.8307.

CoreWeave's corporate bonds experienced a sharp decline on 14일 (현지시간), with the 2032 maturity bonds (9.625% coupon) seeing yields surge to 14.8% as the AI cloud company's borrowing costs escalated. The bond price dropped below 78 cents per dollar of face value, entering distressed territory

According to China Citic Securities, on October 15, the U.S. September CPI exceeded expectations, with core monthly inflation remaining elevated, indicating inflation is not falling to target "at a sufficiently fast pace." The research firm maintains its forecast for one additional rate hike this

Australia's unemployment rate rose to 4.7% in September, exceeding the forecasted 4.6%, according to official labor statistics. The increase represents a 0.1 percentage point rise from the previous month's 4.6%, marking a deterioration in the employment

Australia's employment contracted by 39,300 people in September, significantly missing the forecast of 20,000 new jobs and reversing the previous month's gain of 39,500 positions.

Australia's full-time employment rose by 34,400 in September, according to employment data, marking a reversal from the prior month's decline of 6,300.

Australia's employment participation rate declined to 66.8% in September, falling short of the forecast of 67% and down from the previous month's 67.1%, according to the latest official labor data.

According to Odaily, VanEck is seeking to withdraw its Lido staking Ethereum ETF registration application. The proposed fund, which was designed to hold stETH directly and provide investors exposure to Lido's liquid staking token through brokerage accounts, has not yet become effective, meaning the

According to Odaily, South Korea's KOSPI index has declined for seven consecutive trading days, falling over 6% and hitting its lowest level since July 31. Semiconductor stocks, including Samsung Electronics and SK Hynix, were the primary drivers of the decline, with Samsung Electronics

According to Yonhapinfomax, on October 14, Coreweave's 2032-maturity corporate bonds surged to a 14.8% yield, with prices falling to 78 cents per dollar—well below the 80-cent threshold that typically signals distressed debt. The bonds were issued at par value four months earlier. Coreweave,

According to Yonhapinfomax, Shinhan Financial Group signed a purchase agreement on October 13 to acquire 239.08 million shares (77.35% stake, excluding treasury shares) of Lotte Insurance from JKL Partners. The group plans to complete regulatory approval and thereafter acquire the remaining 22.65% s

According to Yonhapnews, Samsung Electronics DS division CTO Song Jae-hyuk and SK Hynix CDO Ahn Hyun attended the SEDEX 2026 semiconductor exhibition in Seoul on October 14, as Chinese DRAM rival CXMT plans to launch advanced 4F² architecture DDR5 server memory by year-end. The two technology