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After firing Cook, who opposed interest rate cuts 30-year rates jump, 2-year notes fall "Loss of Fed independence could trigger inflation" As President Donald Trump accelerated his push to control the US central bank (Fed), the spread between long- a
The Trap of National Debt... Next Year, Japan Alone Faces ¥13 Trillion in Bond Interest; France's Cabinet 'Staggers' Japan, Government Debt '236%' of GDP Expectations of a Rate Hike in October Soar 10-Year Bond Yield Hits 17-Year High Projected Inter
Russia enters Dnipropetrovsk Expansion of occupied areas beyond the four Ukrainian oblasts Russian forces have expanded the frontline by advancing as far as Dnipropetrovsk in east-central Ukraine. As peace talks between Russia and Ukraine stall due t
After Donald Trump, the President of the United States, abruptly dismissed a Federal Reserve System (Fed) Board member, demand for gold, known as the 'king of safe-haven assets,' skyrocketed. The price of gold approached an all-time high, driven by u
The Biden administration cracked down on crypto. The long-suppressed crypto industry strongly supported Trump. The United States has a lot of debt and needs a lot of money. Newly inaugurated President Trump and the crypto industry found their answer
Circulating supply of USDC surges 90%, Q2 revenue up 53% to $660 million Share price correction phase post-IPO due to large-scale rights offering… Expected to benefit from regulatory tailwinds Circle Internet Group (CRCL), the issuer of the stablecoi
The KOSPI index, which started with slight gains, is moving without a clear direction in early trading. As of 9:05 a.m. on the 27th, it was trading at 3,174.95, down 4.41 points (0.14%). The index opened at 3,185.87, up 6.51 points (0.2%). Foreign in
The three major stock indices on the New York Stock Exchange rose slightly. Donald Trump, the former US president, attempted to dismiss Lisa Cook, a member of the Fed Board, but Cook countered with legal action, putting the brakes on Trump’s attempt
◆ New York Stock Market Closes Higher as Concerns Over Trump’s Fed Takeover Ease The three major New York stock indices closed higher on the 26th (local time). Former President Donald Trump attempted to dismiss Lisa Cook, a member of the US central b
Summary ·Surge in nuclear power and uranium demand due to AI expansion. ·Uranium supply concentrated in certain countries is intensifying. ·Uranium prices surge due to supply shortages and speculation. ·South Korea’s vulnerability due to heavy relian
No Concrete Regulatory Proposals in Korea...Zero Predictability The U.S. White House Publishes a 166-Page Report on Digital Asset Regulations "A Predictable Digital Business Environment Must Be Established" HanKyung Law & Biz's 'Law Street' column pr
President Lee Jae-myung, who is visiting the United States, visited Hanwha Philly Shipyard in Philadelphia on the afternoon of the 26th (local time). Immediately after completing a summit with U.S. President Donald Trump the previous day, he visited
The gap between 30-year and 5-year Treasuries widens to the largest since 2021 NVIDIA, AMD, and TSMC see stock price increases Amid Donald Trump’s attempts at political intervention in the Federal Reserve, on the 26th (local time), the New York stock
In Response to Trump's Dismissal Letter, Cook "Refuses to Resign" and Hires Attorney No Precedent for U.S. President Dismissing a Federal Reserve Board Member—Legal Battle Expected Lisa Cook, a Federal Reserve Board member whom President Trump announ
Asian Markets in China, Japan, and Korea Also End Lower European Stocks Weaken Amid French Political Turmoil After President Donald Trump announced the dismissal of Federal Reserve Board member Lisa Cook, U.S. long-term Treasury bonds and stock futur
Kwang-Hyuk Choi, Head of the LS Securities Research Center, Outlook The Korean won, which had shown strength on expectations of domestic demand stimulus following the inauguration of the new government, has turned weak once again. There are now forec
Heiress of Reuters Media Group, Invests in cryptocurrency following psychic's advice Legal dispute with '10-year best friend' business partner Partner continues to make a living as an Uber driver Taylor Thomson (66), heiress to the Canadian media gia
"Discriminating Against American Technology While Exempting Chinese Companies" Digital tax is implemented in countries such as the UK, France, and other EU nations; South Korea is still pre-legislation President Donald Trump of the United States thre
The amount of money that individuals and corporations residing in Korea managed through overseas accounts last year totaled 95 trillion won. As overseas stock markets soared last year, the reported amount increased by about 24 trillion won compared t
Board member Cook pushes back, stating "I will not resign" U.S. President Donald Trump has abruptly dismissed Lisa Cook, a member of the Fed, who was recently accused of mortgage fraud. On the 25th (local time), President Trump made public a letter t
Ministry of Finance, interest payments on government bonds set at ¥13,043.5 billion next year Expected to rise by 24% from this year, setting an all-time high 10-year government bond yield at highest level in 17 years Fiscal spending pressure grows a
Disregarding the goal of 'AI for humanity' Continual mutual accusations and lawsuits OpenAI and xAI, both founded with the mission to develop artificial intelligence (AI) beneficial to humanity, are now engaged in a mud-slinging conflict. Both compan
Experts on the Korean Peninsula in the United States gave a positive assessment of the outcome of the U.S.-South Korea summit. However, they noted that uncertainties still remain in the areas of trade and security. The analysis suggests that follow-u
16 Entrepreneurs Attend Business Round Table Large-Scale Investment in Advanced Industries From Semiconductors and Shipbuilding to AI and Biotech Expansion of US Investments to Satisfy Trump 'Actively Fulfilling the Role of Civilian Diplomats' Key US
The three major indices on the New York Stock Exchange all fell amid caution that a U.S. rate cut in September is not guaranteed. On the 25th (local time), at the New York Stock Exchange, the Dow Jones Industrial Average closed at 45,282.47, down 0.7
The leading cryptocurrency, Bitcoin, dropped below the $110,000 mark amid a broad decline in major cryptocurrency prices. According to U.S. cryptocurrency exchange Coinbase on the 25th (local time), as of 5:07 pm Eastern Time (1:44 pm Pacific), the p
Presidential Office: "Kim Jong-un's APEC invitation likely tied to Trump's participation" Lee Song-ryeol Hankyung.com Journalist yisr0203@hankyung.com
Trump calls President Lee's request for a 'meeting with Kim Jong-un' a "wise proposal" Song-ryeol Lee, Hankyung.com reporter yisr0203@hankyung.com
On the 25th (local time), regarding the U.S.-South Korea summit between President Lee Jae-myung and U.S. President Donald Trump held at the White House, U.S. media evaluated that 'the anticipated tension was avoided.' On this day, U.S. President Dona
Today was a tense day for Korean journalists in Washington as well. The summit held at the White House had a friendlier atmosphere than expected. Although the schedule started about 30-40 minutes later than planned and there were some tense moments d