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1 In 30 Koreans Margin-Called As Kospi Crashes, Regulator Suspends New Levered ETFs, Hikes Margins
1 In 30 Koreans Margin-Called As Kospi Crashes, Regulator Suspends New Levered ETFs, Hikes Margins
For the first time in over three years, South Korea’s central bank raised its policy interest rate by 0.25% points to 2.75%, inline with expectations, and kicking off a monetary tightening cycle aimed at containing inflationary pressures spurred by the AI-driven semiconductor boom. It also helped spark a fresh rout in Korean stocks whose daily volatility has become borderline farcical with daily 5% swings having become the norm.
The move on Thursday was the Bank of...
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Jun 10, 2026 / Tyler Durden
JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes
JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes
For several quarters, we have described the Trump administration's massive push to reshape the military-industrial complex, from DOGE-driven efforts inside the Department of War to reset the procurement process, to a broader pivot toward fast-moving "war unicorns," like Anduril, rather than bloated legacy defense primes.
The urgency of that transition is now capturing Wall Street's attention. JPMorgan analysts frame it as a major inflection point: America's defense industrial base must shift away from slow-moving, costly production...
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Jul 1, 2026 / Jason Ditz
IDF Postpones Token Pullouts From Lebanon ‘Pilot Zones’
In an effort to make the latest Israel-Lebanon ceasefire agreement seem like it was doing something more than the half dozen that came before, there was talk during negotiations of Israel agreeing to “symbolic” withdrawals from small segments of Lebanon as a good faith gesture. It wouldn’t impact the overall occupation, but it’d be something […]
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Apr 15, 2026 / Dave DeCamp
US Bombs Somalia for 54th Time This Year
The US launched another airstrike in Somalia on April 13, US Africa Command said in a press release on Wednesday, as the bombing campaign continues with virtually no US media coverage. AFRICOM said the strike targeted al-Shabaab in the village of Mido, approximately 55 miles northwest of the southern port city of Kismayo in Somalia’s […]
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