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Retail Stock-Buying on Credit Surges as KOSPI Nears 9, 000; Secured Loans Approach $29 Billion

1+ hour, 27+ min ago  (413+ words) Amid the stock-market rally, borrowing to invest through **deposit-backed loans** and **insurance policy loans** continues to rise. Outstanding **overdraft loans** and **unsecured credit loans** at the five major banks are still climbing despite tighter rules. The government lowered its **household…...

Symbols: nyse:lc,nysearca:spy,nasdaq:cash,d05.S0,u11.S0,z74.S0
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en. bloomingbit. io > feed > news > 114636

SK Square Surges 44% in June, Outpacing SK Hynix and Hitting Record High

1+ hour, 26+ min ago  (343+ words) SK Square's market capitalization reached 234. 8859 trillion won, and it has firmly held the No. 3 spot on the Kospi, excluding preferred shares, since rising to that rank at the end of April. Its market value was about 127 trillion won at the…...

Symbols: 000660.ks,005930.ks,btc-usd
bloomingbit
en. bloomingbit. io > feed > news > 114637

Charles Schwab to Launch S&P 500 Prediction-Market Product With Cboe

1+ hour, 15+ min ago  (241+ words) Charles Schwab is joining Wall Street's prediction-market boom. The Wall Street Journal reported on June 19 that Schwab plans to work with Cboe Global Markets to launch options contracts tied to the performance of the S&P 500 Index. The product would…...

Symbols: btc-usd,nyse:schw
bloomingbit
en. bloomingbit. io > feed > news > 114613

Lee Orders All Available Measures to Tame Inflation, Support Livelihoods

12+ hour, 41+ min ago  (452+ words) President Lee Jae-myung on June 19 made price stability and the recovery of household livelihoods the government's top policy priorities, ordering officials to mobilize all available measures. At a senior aides' meeting he chaired at the presidential office that afternoon, Lee…...

bloomingbit
en. bloomingbit. io > feed > news > 114622

Iraq Boosts Output From Southern Oil Fields by 250, 000 Barrels a Day

8+ hour, 24+ min ago  (111+ words) Iraq has increased crude output from its southern oil fields by 250, 000 barrels a day. Walter Bloomberg reported on June 19 that production from the southern fields rose to about 1. 75 million barrels a day after the increase. The southern oil fields are…...

Symbols: d05.S0,u11.S0,z74.S0,blu.si,575.S0,y06.S0
bloomingbit
en. bloomingbit. io > feed > news > 114628

Israeli Strikes Kill 47 in Lebanon Ahead of New Ceasefire

4+ hour, 49+ min ago  (98+ words) At least 47 people were killed in Lebanon in Israeli airstrikes and shelling, according to an official tally. CBS News reported on June 19 that Lebanon's Health Ministry said at least 47 people were killed and 97 wounded in Israeli attacks that day. The…...

bloomingbit
en. bloomingbit. io > feed > news > 114629

TD Cowen Says CME Has Upper Hand Over CFTC in Perpetual Futures Lawsuit

4+ hour, 49+ min ago  (176+ words) TD Cowen said **CME Group** holds a stronger legal position in its lawsuit with the **CFTC** over the approval of perpetual futures. Jaret Seiberg, a managing director, said the central issue is whether **perpetual futures** with no expiration date legally…...

Symbols: btc-usd
bloomingbit
en. bloomingbit. io > feed > news > 114630

Charles Schwab to Launch S&P 500-Linked Event Options

6+ hour, 6+ min ago  (140+ words) Charles Schwab plans to launch a new options product tied to moves in the S&P 500 in partnership with Cboe Global Markets. Coin Desk reported on June 19 that the product will allow investors to bet on whether the S&P…...

Symbols: btc-usd,nyse:schw
bloomingbit
en. bloomingbit. io > feed > news > 114624

FBI Chief Kash Patel Vows to Track Down Crypto Fraudsters, Bring Them to Justice

8+ hour, 14+ min ago  (114+ words) FBI Director Kash Patel has pledged a hard-line response to crypto fraud. Patel told Bitcoin Magazine on June 19 that the FBI would find crypto fraudsters and "bring you to justice." He also emphasized the bureau's commitment to investigating crypto-related fraud…...

Symbols: btc-usd
bloomingbit
en. bloomingbit. io > feed > news > 114602

Strong Korea Stock Returns Push Back National Pension Fund Deficit to 2050, Depletion to 2069

15+ hour, 11+ min ago  (338+ words) An analysis found the depletion of the national pension fund could be delayed by four years from the previous forecast, driven by strong **stock** **returns** in South Korea. The report said the national pension fund's investment **return** was 18. 82%%, while domestic…...