Korean Stock & Equity Research

Global Markets/AI & Tech Finance

In the late 1990s, the promise that "the internet would change everything" fueled a wave of fiber-optic cable buildout that ultimately buried 2 trillion dollars in telecom value and left 95% of laid cable dark for years. Today, a similar circular financing structure is emerging around AI infrastructure — this time centered on Nvidia, OpenAI, and Oracle. Understanding the parallels, and the diffe..

Global Markets/AI & Tech Finance

Japan's US Treasury holdings created a structural bottleneck for any Yen-supporting intervention: to buy Yen, authorities need Dollars, and the traditional way to raise them — selling US Treasuries on the open market — risks spiking US bond yields and drawing political friction with Washington. A previous post covered how the FIMA Repo Facility solved half of this problem. This post looks at the..

Global Markets/AI & Tech Finance

2026.08.05 - [Finance] - The Other Half of the Yen Intervention: Inside the Exchange Stabilization Fund The Other Half of the Yen Intervention: Inside the Exchange Stabilization FundJapan's US Treasury holdings created a structural bottleneck for any Yen-supporting intervention: to buy Yen, authorities need Dollars, and the traditional way to raise them — selling US Treasuries on the open market..