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Capital Markets

Coupang: Korea’s Own Amazon

Often referred to as the “Korean” Amazon, South Korean e-commerce retailer Coupang saw its share price pop — peaking at $69 a share, up 84% — after originally listing at $35/share on the NYSE last Thursday. With its IPO, Coupang raised $4.6bn in an enlarged offering after raising its share […]

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Market Trends Macroeconomic News

The Biotech Boom

The biotech industry has stolen the limelight after being pushed to the forefront of people’s minds as the world races to manufacture vaccines and restore a sense of normality. Early this month, we passed a historic milestone – the number of Covid-19 vaccinations globally finally surpassed the total number of […]

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Market Trends

A Dangerous Game(Stop)

As of the time of writing, the current valuation of GameStop stands at 8.94bn USD with a closing price on January 28th of $193.60 per common unit — this is after a one-day drop of 44%. It truly is a sign of the times when in a short few days […]

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Market Trends Macroeconomic News

Banking with Bitcoin and Beyond

Bitcoin hit an all-time high again. Of course, not before slumping shortly afterwards. It peaked at an intraday all-time high of $19,510, more than 300% above its low point in March earlier this year. It last attained such numbers in December 2017, a year which saw its value skyrocket nearly […]

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Market Trends

Semiconductors: The real blue chips

Chip-manufacturing giants Taiwan Semiconductor Manufacturing Co Ltd. (TSMC) and Qualcomm have both recently reported blowout earnings, raising their revenue forecasts following a year of record highs. Worldwide sales of semiconductors totalled $113.6bn during the third quarter of 2020, an increase of 11% over the previous quarter and 5.8% more than […]

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Market Trends

An electrifying rollercoaster ride

When the opening bell rang at the NYSE a few weeks ago, founder and CEO of Hyliion Inc. Thomas Healy earned the dubious distinction of becoming one of the world’s youngest self-made billionaires. With a stake in Hyliion Holdings Corp. — the newly formed company from the merger with special […]

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Macroeconomic News

A new era in Japan: Suganomics?

As Japan’s longtime PM, Shinzo Abe, steps down after almost a decade of service, his successor inherits the third-largest economy which has emerged relatively unscathed from the aftermath of a cancelled Olympic games and the largest fall in GDP since records began in 1980. Yoshihide Suga was confirmed as the […]