The Economist
- Asia’s inexpensive AI stocks should worry American investors
- cyclically adjusted price-earnings (CAPE) ratio
- America’s bond market is quiet—almost too quiet
- MOVE index
- the term premium
- Oracle and the hard truths about software
- six measures of corporate performance
- operating margins
- free-cashflow margins
- operating profit to interest expense
- capex to revenue
- total debt to operating profit (before depreciation and amortisation)
- return on capital.
- six measures of corporate performance
Financial Times
- UK real estate groups can repel private equity bargain hunters
- Silver surges above $60 for first time on supply squeeze and industrial demand
- European banking regulator considers scrapping AT1 bonds
- Weinstein’s $2bn flagship hedge fund hit amid strong run for stocks
- Argentina sells local dollar debt as Milei plots trading return
- Ex-Evolution trader wins $5.4mn bonus in High Court
- US regulators scrap critical safeguard on risky lending
- Crypto adviser Clear Street plans to float in new year
- First Brands rescue loan falls in value as bankruptcy case drags on
- debtor-in-possession loan
- UBS stocks hit 17-year high on hopes of capital rules reform compromise
- AT1
- Regulators stymie Euronext’s proposals for ETF settlement
- Euronext
- Euroclear
- central security depository
- Apollo shifts lending unit out of buyout division
Hankyung (한경)
- ‘Separate taxation on dividend income’ passes parliamentary hurdle… How to earn more than bank interest
(국회 문턱 넘은 ‘배당소득 분리과세’…예금이자보다 더 벌려면 [한경우의 케이스스터디])- 배당성향
- Korea Exchange implements call auction method. 24 low-liquidity stocks selected
(한국거래소, 단일가 매매 적용…‘저유동성 종목’ 24개 선정) - Hanyang Securities begins ETF AP/LP operations
(한양증권, 상장지수펀드 AP·LP 업무 개시)- LP
- AP
- MM
- Invested 100 million won aiming for a fourfold profit, but it turned into 40 million won… Retail investors ‘panic’.
(‘따따블’ 노리고 1억 넣었더니 4000만원 됐다…개미들 ‘패닉’ [분석+])- SPAC
- 공모주
- 국민연금, 이지스운용 투자금 전액 뺀다…경영권 매각 급제동
- Note: I don’t translate the title because of the translation of ‘경영권’.
- LP
- “Reached 630,000 won”… Samsung Fire & Marine shares surge 28% in late trading — what happened?
(“63만원 찍었다”…장 막판 28% 폭등한 삼성화재, 무슨 일이 [종목+])- ETF
- They claimed financial difficulties, yet invested in a hair regrowth shampoo company right before early CB redemption?
(“자금난이라더니 CB 조기상환 앞두고 탈모샴푸회사 투자?” [진영기의 찐개미 찐투자])- CB
- EB
- 해외매출채권
- Hanwha Investment & Securities CEO Jang Byung-ho: “Issuing RWA for the defense industry… launching a high-net-worth investor platform next year.”
(장병호 한화證 대표 “방위산업 RWA 발행…내년 고액자산가 투자 플랫폼 출시”)- RWA(실물자산토큰)
- 토큰증권발행(STO)
- KB Financial Group raises 1.3 trillion won through interim dividends from subsidiaries
(자회사 중간배당으로 1.3조 조달한 KB금융)- 중간배당
- 보통주 자본비율 (CET1)
- 배당가능이익
- 감액배당
- YouTube to offer U.S. creators the option to be paid in stablecoins
(유튜브, 美 크리에이터에 스테이블코인 지급 옵션 도입)
Nikkei (日本経済新聞)
- Neutral rate of interest: Key factor in policy decisions, yet difficult to grasp.
(中立金利 政策判断で重視、把握難しく（きょうのことば）)- 中立金利
- 政策金利
- SBI Shinsei Bank to list on the 17th, urgently expanding regional bank partnerships
(１７日 ＳＢＩ新生銀が上場、地銀連携、拡大急ぐ（ＮｅｗｓＦｏｒｅｃａｓｔ）) - FX investors’ ‘profitability’ hits a record long streak; accounts with increased assets reach a record 60%. Trend-following bias strengthens, potentially lowering the deterrent effect on a weak yen
(ＦＸ投資家「黒字」最長に 資産増加の口座、最多の６割 強まる順張り志向 円安抑止力低下も)