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CICC research indicates South Korean stock market leverage has reached a historical peak of 2x-5x. While relative metrics aren't extreme, high leverage could amplify volatility and create liquidity pressure, with margin calls possible if markets fall 16-36%. Long-term trends remain fundamentals-dependent.
Read MoreShenzhen Basic Semiconductor has filed for a Hong Kong IPO, offering 27.4 million shares at HK$27.49 to HK$31.62 each to raise up to HK$866 million. Trading is expected to commence on July 8, with proceeds earmarked for SiC power device development and capacity expansion.
Read MoreBinance founder CZ discusses the multifaceted causes behind the 2026 crypto downturn and shares strategic adjustments for the US platform, including liquidity integration plans. He also comments on his evolving role and the current state of US crypto legislation.
Read MoreOn June 29, South Korea's benchmark KOSPI index fell sharply, dropping 2% to 8,342.96 points. The sell-off reflects growing market anxieties over global economic uncertainty, interest rate outlooks, and external risk factors. This article analyzes the drivers and implications of the decline.
Read MoreJapan's retail sales grew 1.9% in May, marking a third consecutive monthly increase. The rise, driven by wage gains and government subsidies, significantly exceeded forecasts. Year-on-year sales surged 5.3%, indicating strengthening domestic consumer momentum.
Read MoreThe BIS Annual Economic Report warns that rising public debt, financial vulnerabilities, and questions over the AI boom's sustainability are amplifying global risks. It urges coordinated, prudent policymaking to safeguard stability despite current economic resilience.
Read MoreChina's State Council issued a new five-year employment strategy, prioritizing gig and new forms of work. The plan aims to expand opportunities and safeguard rights for over 200 million flexible workers, focusing on platform accountability, worker consultation, and standardized employment relationships.
Read MoreRichmond Fed President Barkin noted the May core PCE rose 4.1% year-on-year, well above the 2% target. He warned inflation has spread beyond energy, with sticky service prices, AI infrastructure demand, and corporate pricing behavior posing persistent upside risks. The Fed remains data-dependent amid internal policy divisions.
Read MoreSPDR Gold Trust, the world's largest gold-backed ETF, reported a decrease of 2.00 tonnes in its holdings on June 26, bringing the total to 1005.08 tonnes. This move signals a potential shift in institutional sentiment towards gold prices.
Read MoreOn June 29, Nasdaq 100 futures surged, with gains expanding past 1%. This sharp rise reflects renewed optimism in tech and growth stocks, potentially driven by macro data, earnings outlook, or shifting rate expectations, drawing close investor attention for trend signals.
Read MoreA new wave of brokerage mergers is gaining momentum, driven by strategic synergy rather than scale alone. Different tiers of firms are pursuing tailored integration paths, signaling a profound reshaping of the competitive landscape with significant room for further consolidation.
Read MoreSpot silver prices fell below the key $59 per ounce level on June 29, declining 0.24%. This break below a major psychological support level raises questions about the near-term trajectory for precious metals, with technical factors and broader market sentiment coming into focus.
Read MoreSouth Korea's corporate giants, Samsung Group and SK Group, are reportedly formulating a massive investment strategy totaling 2000 trillion won for the next decade. This colossal capital is expected to be deployed in core future industries like semiconductors, AI, new energy, and biotech, aiming to solidify Korea's global tech leadership and potentially reshape industrial landscapes.
Read MoreZhipu AI's newly released open-weight model GLM-5.2, while trailing in general tasks, demonstrates competitive performance in cybersecurity vulnerability detection. Research indicates it surpasses Claude Opus 4.8 in some benchmarks and is comparable to Anthropic's Mythos. Its open nature offers flexibility but raises concerns about potential misuse.
Read MoreSpot gold and silver prices fell sharply in intraday trading on June 29. Gold extended losses to 0.6%, trading at $4,055 per ounce, while silver dropped 0.5%. The sudden decline highlights shifting market sentiment, potentially driven by dollar movements, rate expectations, or technical adjustments.
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