Korea Economic Daily

Hundreds of Financial Supervisory Service employees gather "Revoke separation of the Financial Consumer Protection Agency·Revoke public institution designation" Financial Supervisory Service Governor Lee Chan-jin silent Financial Services Commission

New York Federal Reserve Bank survey: job-search confidence at a record low of 44.9% Sharp drop in corporate hiring, worsening unemployment outlook Rising expectations of a Fed rate cut Another sign has emerged that the U.S. labor market is faltering

Nasdaq hits record high…Dow·S&P also rise Semiconductors·AI stocks strong…Broadcom·NVIDIA drive prices Investors focus on this week’s PPI·CPI releases The Nasdaq Composite Index closed at a record high on the 8th (local time). Wall Street investors,

"If confidence in the Fed's ability to tackle inflation is undermined, the government will face enormous costs" Also criticized the dismissal of the Bureau of Labor Statistics chief for damaging the credibility of economic statistics There has been c

LDP, which lost its majority, expected to reflect opposition's demands for fiscal expansion Front-runner Sanae Takaichi, former secretary-general, supports stimulus measures Long-term Japanese government bonds plunged on the 8th (local time) after Pr

Issuance of stablecoins by various countries accelerates Coins linked to the Trump family also land WLFI 2 types listed on Upbit and Bithumb UNDP to rebuild Venezuela's economy Stablecoins to be given as relief funds Global stablecoin trading $27 tri

Kim Pil-gyu, Research Fellow, Capital Market Research Institute The world's No. 1 and No. 2 stablecoins also hold reserves centered on short-term government bonds Urgent establishment of a short-term government bond system Need to organize management

[Shin Min-kyung's Yeouido Bulletin(14)] Financial Services Commission on course for dissolution for the first time in 17 years Staff dispersing… Sejong move seen as a "disaster" Financial Supervisory Service also in collective panic Separation of Fin

The KOSPI is rising. The scale of buying by foreigners and institutions has expanded, pushing it beyond a firm close into bullish territory. As of 10:41 a.m. on the 8th, the KOSPI was trading at 3219.16, up 14.04 points (0.44%) from the previous day.

It was revealed that the new government borrowed nearly 75 trillion won from the Bank of Korea over three months following President Lee Jae-myung's inauguration. The cumulative loan amount from January to August this year reached 150 trillion won. A

After mass arrests and detentions of Koreans, "Good relations with South Korea" "Just concluded a trade agreement…Considering bringing in battery workers" At the Hyundai Motor Group–LG Energy Solution joint battery plant in Georgia, about 300 Korean

Overnight air raids by 805 drones Despite Trump's pressure for a ceasefire, the offensive intensifies Kyiv's government building was struck by a Russian drone attack on the 7th (local time). Russia, which has recently been under pressure from U.S. Pr

This week, investors in the New York market are expected to gauge the size of the September rate cut based on the August Producer Price Index (PPI) and Consumer Price Index (CPI) to be released on the 10th and 11th. With the labor market slowing and

"Unable to withstand calls to step down within the party" Press conference at 6 p.m. today Expected to officially declare intention to resign Shigeru Ishiba, Japan's prime minister, firmed up his intention to resign on the 7th. It is one day before a

Unprecedented $1 trillion scale Condition to increase market cap eightfold A new Tesla compensation plan that would grant Tesla CEO Elon Musk, already the world's richest person, up to $1 trillion (about 1,400 trillion won) in shares has been disclos

CNN reported on the 6th (local time) that U.S. President Donald Trump is preparing to attend the Asia-Pacific Economic Cooperation (APEC) summit to be held in Gyeongju late next month. With uncertainty over whether North Korean State Affairs Commissi

Employment slowdown, focus on CPI·PPI Expectations grow for a 50bp cut at the September FOMD This week on the New York market (8–12), investors are expected to gauge the size of the September rate cut based on the Producer Price Index (PPI) scheduled

Regular National Assembly session begins…Expectations for Commercial Act amendment September FOMC: expectations of a US rate cut The KOSPI index recovered the 3,200 level last week as foreign investors switched to net buying. Securities firms expect

Amid a deterioration in the U.S. labor market in August, international gold prices hit a new record high. On the 5th (local time) at the New York Mercantile Exchange, the December gold futures settlement price closed at 3653.3 dollars per ounce, up 1

U.S. 'employment shock' strengthens expectations of a rate cut Investors shift focus to fears of an economic recession The three major indices on the New York market closed lower. This was due to the U.S. labor market weakening unexpectedly, increasi

Seodaemun District directly sold a delinquent taxpayer's virtual assets to collect overdue local taxes. Among Seoul's 25 autonomous districts, this is the first case to handle 'seizure → transfer → cash conversion' of virtual assets entirely in-house

Nonfarm jobs up 22,000, below expectations Lowest figure since October last year Unemployment rate rose to 4.3% … employment deterioration The U.S. August job increase fell far short of market expectations, making the slowdown in the labor market cle

As a stagflation hedge… gold prices hit record highs day after day Investor preference for safe assets expands Overlapping interest rate cuts and dollar weakness 'Gold rush' as confidence in US Treasuries wavers $22.1 billion flowed into ETFs in Nort

Physical gold ownership may be tradable A plan is being pursued to convert gold, a representative safe-haven asset, into a digital asset. As the institutional integration of virtual assets such as stablecoins accelerates, measures are being devised t

The U.S. trade balance in July was found to have worsened sharply compared with the previous month. The trade deficit surged as imports of gold and capital goods increased. On the 4th (local time), according to the New York Times (NYT) and others, th

Fourth consecutive gain…KOSDAQ also breaks 811 U.S. private employment slowdown raises odds of a cut SK Hynix and biotech stocks surge together Expectations for a U.S. benchmark rate cut grew, pushing the KOSPI and KOSDAQ up for the fourth straight d

The Democratic Party of Korea will launch a task force (TF) centered on the floor leader to discuss digital asset (virtual asset) bills as early as next week. On the 5th, according to Hankyung.com reporting, the Democratic Party suddenly dropped its

The three major U.S. stock indices in New York closed higher together. As U.S. employment-related indicators slowed, expectations grew that the central bank (Fed) will cut the policy rate, and optimism was maintained as the services sector continued