Korea Economic Daily

July $10.78 billion… 27 months in surplus Bank of Korea "This year up to $110 billion expected" The current account surplus exceeded $10 billion for three consecutive months due to strong semiconductor and automobile exports. The Bank of Korea said i

'Tariff truce' sees up to 78% imposed Countermeasure to US semiconductor equipment sanctions China, which is in a tariff-war truce with the United States, imposed anti-dumping duties of up to 78.2% on US specialty optical fibers immediately after the

Batch applications for provisional approval next month The Financial Services Commission will start accepting applications for authorization to operate over-the-counter exchanges (distribution platforms) for fractional investment securities from next

Seohak investors who bought 1 trillion won worth of Circle 'hit by a sudden blow' "Returns plunge -34%" The returns of Seohak investors who swept up crypto-related stocks are plunging. Major stocks are weak as investment sentiment has weakened due to

U.S. President Donald Trump said on the 3rd (local time) that if his administration loses the reciprocal tariffs lawsuit, trade agreements the United States has concluded with South Korea and other countries could be invalidated. At a meeting with th

Major indexes on Wall Street showed strength as technology stocks rose, after a local court ruling that Google does not have to divest the Chrome web browser. On the 3rd (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Ave

◆ Trump "Will not remove US troops from Poland…considering other countries" President Donald Trump said he has no plan to withdraw or reduce US troops stationed in Poland, a NATO ally, but that he is considering that for other countries. At a meeting

A rate cut at the September meeting is almost certain Federal Reserve governors and regional Federal Reserve bank presidents are expressing differing views on U.S. rate cuts. On the 3rd (local time), Christopher Waller, a Fed governor who is one of t

Russian President Vladimir Putin on the 3rd proposed to Ukrainian President Volodymyr Zelensky that "if he is ready to hold talks, come to Moscow." President Putin traveled to China on the 31st of last month to attend the Tianjin SCO leaders' summit

Alphabet stock up 8% as it avoids selling Chrome browser Tech stocks staged a rebound on Friday, lifting U.S. stocks after an antitrust ruling that said Google would not have to sell its Chrome browser. At 10 a.m. Eastern Standard Time, the Nasdaq wa

Amid a surge in U.S. and European government bond yields and heightened political uncertainty in Japan Attention on whether the 30-year auction on the 4th will break 3.5% With long-term bonds in the U.S. and Europe weak, long-term Japanese government

Morning: "I'm not worried at all" — nonchalant Afternoon: "Give my regards to Putin and Kim" Threw a rhetorical jab to check them Donald Trump, the U.S. President (photo), expressed discomfort regarding China's Victory Day 80th anniversary military p

Backlash after court halts legality Aiming for reversal in conservative-leaning Supreme Court U.S. President Donald Trump has requested expedited review by the U.S. Supreme Court on the legality of imposing tariffs. After the appeals court put a hold

Superconductor-themed stocks are stirring in the domestic stock market trapped in a trading range. As market momentum has waned and the former leading stocks that rose on earnings and orders have lost strength, it appears that investment flows are co

KOSDAQ trades near unchanged The KOSPI index is trading in firm territory as investors are cautious over U.S. tariff uncertainty and rising bond yields. As of 9:10 a.m. on the 3rd, the KOSPI index was at 3,175.29, up 2.94 points (0.09%) from the prev

The preliminary real economic growth rate for the second quarter was estimated at 0.7%. Exports and construction investment performed better than expected, raising the flash estimate (0.6%) by 0.1%percentage points. On the 3rd, the Bank of Korea said

"Bond market anxiety intensifies amid fears of widening fiscal deficit" As uncertainty grew after a court ruling that the Trump administration's tariff policy is unlawful, the three major U.S. stock indices closed lower on the 2nd (local time) in New

◆ New York stock market falls amid tariff and interest rate uncertainty Amid uncertainty over U.S. tariff policy and growing concerns about bond yields, the three major New York stock indices closed lower today. At the New York Stock Exchange, the Do

The introduction of sugar taxes in countries around the world is changing the landscape of the global beverage business. Global food companies such as Coca-Cola have rushed to introduce 'Zero Sugar' products. Demand for sweeteners to replace sugar ha

Trump administration tariffs blocked by federal appellate court Concerns over fiscal deterioration rise on possible tariff refunds The U.S. Court of Appeals for the D.C. Circuit recently ruled that most of the Trump administration's tariffs were unla

Tariff-affected prices-paid index remains high, inflationary pressure U.S. factory activity in August was reported to have contracted for the sixth consecutive month. However, investment in AI hardware and other factors led some industries to show st

Impact of rising government debt and the effects of pension reform in the Netherlands, the largest in the EU UK, France, Germany government bond yields at highest levels in 14 to 27 years Following the United States, European long-term government bon

"Even if it isn't overturned, we have a Plan B based on the Smoot-Hawley Tariff Act" "Russia, China, India, who are colluding, are villains" U.S. Treasury Secretary Scott Vincent said he is confident the U.S. Supreme Court will uphold President Trump

Headline inflation higher than expected, core inflation unchanged from the previous month The eurozone's inflation rate for August rose by 2.1%, exceeding expectations. On the 2nd (local time), Eurostat, the statistical agency of the European Union (