Global TradFi & Macroeconomics

According to South Korea's Financial Services Commission (FSC), individual investors must maintain at least 3 billion won in cash as collateral to purchase or increase holdings in single-stock leveraged ETFs and ETNs starting July 31. The measure applies to products listed on Korean and overseas

According to industry sources on July 23, SK Hynix accelerated the startup of its first cleanroom at Cheongju P&T7 advanced semiconductor packaging facility to July 2027, three months earlier than the originally planned October 2027. The company has initiated tender work for the cleanroom's

Hana Financial Group reported a net profit of KRW 1.1928 trillion for the second quarter of 2024, announced on July 24. The result represents a 1.66% increase compared to the same period last year (KRW 1.1733 trillion), driven by solid interest income centered on corporate lending and non-interest i

Kia announced Q2 financial results showing operating profit of 2.6285 trillion won, down 4.9% year-over-year. Revenue surged 12.6% to 33.037 trillion won as the automaker achieved record quarterly sales of 851,639 units. The profit decline stemmed from aggressive pricing and incentive policies

Singapore's sovereign wealth fund GIC stated that Chinese AI models DeepSeek and Kimi are driving down global AI application costs and intensifying model competition. GIC Group CIO Bryan Yeo told the Financial Times that the performance gap between Chinese open-weight models and US closed-source

According to Societe Generale's rate strategists, eurozone sovereign debt yield spreads have not displayed expected seasonal narrowing on July 24 amid renewed geopolitical tensions. The strategists noted that typical seasonal patterns have not materialized as investors remain reluctant to hold yield

According to GIC's latest annual report, Singapore's sovereign wealth fund reported that its 20-year inflation-adjusted annual returns fell to 3.4% as of March 2026, down from 3.8% a year earlier and marking the lowest level since 2020. GIC said Chinese AI models such as DeepSeek and Kimi are

Germany will release its August GfK Consumer Confidence Index and the UK will publish its June seasonally adjusted retail sales month-on-month rate in approximately 10 minutes.

According to BlockBeats, on July 24, a whale account (0x4e2) on Hyperliquid placed 209 orders totaling approximately $30.68 million across tech stock futures, according to Hyperinsight monitoring. The account is executing a multi-leg strategy: covering approximately $4.01 million in AMD short

According to Morgan Stanley strategists cited by Jin10, the Federal Reserve will likely hold rates steady at its July meeting, keeping the federal funds rate in the 3.5%-3.75% range. The strategists noted that money markets have already priced in expectations for nearly two rate hikes by year-end, b

Japan's 5-year government bond yield rose to 2.045% today, marking the highest level since its first issuance in 2000. The increase reflects broader shifts in global bond markets amid persistent inflationary pressures and evolving monetary policy

Hong Kong stocks fell in morning trading after US markets declined significantly Thursday, with the Hang Seng Index dropping 318 points to 24,891, surrendering the 25,000 level. US stocks faced sharp losses with the Dow falling 506 points or 0.97% to 51,711, the S&P declining 90 points or 1.21% to 7

European Central Bank Governing Council member Kochler said today that if the inflation outlook worsens and inflation expectations also deteriorate, action will be necessary. The statement reflects the ECB's conditional approach to monetary policy adjustments based on medium-term price stability

Kia reported second-quarter operating profit of 2.63 trillion won, falling short of the market estimate of 2.8 trillion won. Net profit reached 2.33 trillion won, slightly below the forecast of 2.37 trillion won. However, the automaker exceeded expectations on sales, posting 33.04 trillion won

Advanced Micro Devices, Inc. stock rose 1% to $544.98 in the overnight session ahead of Friday as its Advancing AI conference wrapped up on Thursday, with analysts turning more optimistic after product announcements and the company's bullish outlook for the CPU and AI markets. CEO Lisa Su unveiled t

AMD stock rose 1% to $544.98 overnight ahead of Friday (July 24) following the close of the company's Advancing AI conference on Thursday, when CEO Lisa Su unveiled the Helios rack-scale AI system in full production and detailed a multi-year roadmap through 2030. Jefferies raised its price target on

According to financial industry sources, Korea Exchange has selected Anjin Accounting on July 24 to lead consulting efforts for shortening the settlement cycle from T+2 to T+1. The move comes as major markets including the U.S., Europe, and Hong Kong have already adopted T+1 settlement cycles. The c

According to Guru Club, Indonesia's Jakarta Composite Index fell 4.2% to 5688.574 points on June 4, marking its lowest level since December 2020.

KB Securities exceeded 20 percent of KB Financial Group's net profit contribution for the first time in the first half of 2026, marking a successful turnaround a decade after the brokerage's establishment. The achievement reflects the realization of integration synergies following the subsidiary's 2

According to CNBC, IBM CEO Arvind Krishna stated on Thursday (July 23) that only 2% of the company's software could be replaced by artificial intelligence-generated applications, attempting to calm investor concerns following disappointing Q2 results. Krishna noted that the remaining 98% of IBM's so