Korea Economic Daily

13 to 11, Democrats unanimously opposed Will hold concurrent posts without resigning from the White House Council of Economic Advisers The U.S. Senate Banking Committee on the 10th (local time) passed the nomination of President Trump's White House c

Oracle 30% surge, Nvidia·AMD·Broadcom also rise in unison A week before the Federal Reserve's rate policy meeting, U.S. producer prices for August unexpectedly fell, and Oracle's bullish AI investment outlook propelled markets, sending U.S. stocks to

Core PPI rose 0.3%p After July's surge followed by a shift to a decline, calls for rate cuts gain strength The U.S. Producer Price Index (PPI) for August unexpectedly fell 0.1% on a monthly basis. Contrary to economists who had expected a 0.3% increa

Policy effects and tech strength push South Korea and Taiwan markets to record highs MSCI Emerging Markets Index also hits highest level in four years South Korea's KOSPI hit a record high at 3,314.53, up 1.67% from the previous day. On the back of p

"Under the Federal Reserve Act, grounds for removal are interpreted as 'misconduct while in office'" The Trump administration is highly likely to appeal to the conservative-leaning Supreme Court A U.S. federal court has temporarily barred President T

As a pretext of buying Russian crude The United States is preparing trade talks with India this week It was reported that President Trump asked the European Union (EU) to impose tariffs of up to 100% on China and India, which are buying Russian crude

910,000 Downward Revision…Largest Adjustment "91.7% Probability of a Rate Cut This Month" The U.S. employment situation turned out to be much weaker than initially reported. The U.S. Department of Labor said on the 9th (local time) that it had downwa

Court: "No basis to remove board member" Lisa Cook, the board member Trump tried to remove Court grants injunction protecting position 'Pro-Trump' majority on FOMC blocked A U.S. federal court ruled that Lisa Cook, a Fed board member whom President D

Hamas leadership struck in Doha Trump: "Qatar is a U.S. ally Instructed Rubio to finalize defense agreement" Qatar: "We will not tolerate Israel" Israel carried out an airstrike even on mediator Qatar, citing the elimination of Hamas leadership as th

Kim Min-seung's ₿Official As discussions around stablecoins deepen, conversations about a 'K-mainnet' that would issue won-denominated stablecoins have also begun. While progress in the discussion is welcome, the reality is regrettable. Under the cur

KOSDAQ also hits a year-to-date high On the 10th, the KOSPI rose more than 1% intraday, breaking the 3,300 level and recording a year-to-date high. This is interpreted as the result of a combination of the upbeat U.S. stock market and expectations fo

The United Nations Security Council (UNSC) will hold an emergency meeting on the 10th (local time) regarding Israel's airstrike on the leadership of the Palestinian militant group Hamas in Doha, Qatar, on the 9th (local time). According to foreign me

'Israel Qatar airstrikes' UN Security Council convenes…South Korea presiding Shin Min-kyung Hankyung.com reporter radio@hankyung.com

◆ "Detained Koreans to depart around 2:30 p.m. local time on the 10th" About 300 Koreans detained in a large-scale crackdown at the Hyundai Motor and LG Energy Solution joint battery factory construction site in Georgia, U.S., are expected to depart

Supreme Court Decides to Hear Trump's Tariff Appeal Expeditiously Small Businesses "Threatened with Survival by Price Surges and Supply Chain Disruptions" Repeated Losses in Lower Courts over Interpretation of IEEPA Authority The U.S. Supreme Court o

All three major indices simultaneously hit record highs U.S. Bureau of Labor Statistics sharply revises employment increase down by 911,000 Dimon "Economy weakening…possibility of recession unknown" The U.S. New York stock market closed at record hig

Despite hopes for rate cuts, Treasury yields rise and gold prices climb On the 9th (local time), U.S. stocks turned slightly lower as Treasury yields rose again amid worries over revised U.S. employment figures that were worse than expected and infla

On the 9th (local time), Israel carried out a targeted airstrike against senior members of the Palestinian armed group Hamas located in Doha, the capital of Qatar. Reuters, AFP and other agencies reported that around 3:50 p.m. local time, a loud expl

Increased by 1.215 trillion over a month, highest this year Kakao Pay·EcoPro etc. concentrated As trapped in a trading range, bets on declines increase The short-selling balance in the domestic stock market reached the highest level so far this year.

KRX Gold Market's daily trading volume exceeded 1t, marking the highest level since the market opened. On the 9th, according to the Korea Exchange, the KRX Gold Market's daily trading volume was recorded at 1093kg. It is the largest scale ever since

KDI September economic trends The Korea Development Institute (KDI) said on the 9th in its 'September economic trends' that "the construction sector remains weak, but consumer sentiment is reviving and the Korean economy is recovering." It pointed ou

Samsung Securities on the 9th signed a memorandum of understanding (MOU) at Kanto's New York headquarters to strengthen cooperation across its securities business with global integrated financial firm Kanto. At the signing ceremony, President Park Jo

Attendance at the Korea-Japan Financial Cooperation Seminar "Will lend support to building the relevant market" Also emphasized finance for green transition Shinhan Financial Group Chairman Jin Ok-dong (left) expressed his determination to lend suppo

Treasury yields fall to around an annual 4% "Reflecting concerns over slowing U.S. economic growth" The U.S. 10-year Treasury yield, which nearly reached an annual 5% earlier this year, has fallen to around an annual 4%, raising market concerns. Fore

Prime minister election on the 4th of next month…high inflation and other problems pile up Expectations of fiscal expansion push up the stock market Takaichi ahead in next prime minister support ratings Expectations for 'a second Abenomics' revival B