Korea Economic Daily

◆ New York Stock Exchange closes lower amid fading momentum from successive trade agreements...S&P500 and Nasdaq hit record highs The three major indices on the New York Stock Exchange closed lower on the 29th (local time). With the Federal Open Mark

The United States government urged South Korea on the 29th to present its final proposal regarding trade negotiations. On the same day, President Donald Trump stated that the third high-level trade talks with China “went well,” hinting at the possibi

Improved consumption and investment due to supplementary budget effects Largest increase among major advanced economies Global growth this year revised up to 3.0% US tariff hikes lower than expected The International Monetary Fund (IMF) projected tha

The Unexpected Biggest Beneficiary of U.S.-EU Trade Negotiations: 'United Kingdom' United Kingdom and EU Have Similar Export Items to the U.S., But United Kingdom's Tariffs Are 5%p Lower "U.S. Companies May Increase Imports of United Kingdom Products

EU Commission President: "Pharmaceuticals Also Included in the 15% Tariff Agreement" Trump Hints: "The Pharmaceutical Industry is Unrelated to This Deal" There are numerous questions regarding the details of the US-EU (European Union) trade agreement

The Bank of Korea has decided to remove 'Research' from the name of the Digital Currency Research Office under the Payment and Settlement Systems Bureau, renaming it Digital Currency Office. This move appears to emphasize its role as an actual operat

In the second quarter, the volume of foreign exchange transactions reached an all-time high. Trading became more active as the volatility of the won-dollar exchange rate increased. The rising investments by foreigners in domestic stocks also had an i

Howard Lutnick, the U.S. Secretary of Commerce, confirmed on the 28th (local time) that Korean officials had traveled to Scotland to meet him for trade negotiations. Secretary Lutnick said in an interview with Fox News that "the Koreans flew to Scotl

Tesla and Nike rise over 3% The three major indices of the New York Stock Exchange closed mixed around the flatline. Caution was evident ahead of big tech companies' earnings releases and the regular meeting of the Federal Open Market Committee (FOMC

U.S. President Donald Trump announced on the 28th (local time) that countries which have not yet finalized trade agreements will be subject to reciprocal tariffs of 15~20%. According to Yonhap News and others, President Trump made these remarks in re

Optimism Spreads Ahead of Trade Agreement, Key Economic Indicators, and Fed Meeting Ahead of the Federal Reserve Board's policy meeting, key economic indicators, and earnings releases from major tech giants, U.S. stocks opened slightly higher on the

Differences Over Overproduction and Fentanyl Tariffs Possibility of a Decision at the APEC Leaders' Summit The United States and China began their third high-level trade negotiations in Stockholm, Sweden, on the 28th. Unlike Japan and the European Un

"Disappointed in Putin" Deadline moved up by 2 weeks, originally set for early September "Putin says he'll agree on the phone but continues airstrikes" United States President Donald Trump, on the 28th (local time in the United Kingdom), demanded tha

Bo-bae Lee, contributing reporter for Hankyung.com newsinfo@hankyung.com

Bobae Lee, Hankyung.com Guest Reporter newsinfo@hankyung.com

Bo-bae Lee, contributor at Hankyung.com newsinfo@hankyung.com

Bo-bae Lee, Hankyung.com Guest Reporter newsinfo@hankyung.com

U.S.-EU Trade Agreement Drives U.S. Stock Futures Higher "Tariff uncertainty will not disappear immediately on August 1" This week is considered the most important week that could determine the mood of the U.S. stock market and economy in the second

Samsung Electronics and SK hynix on Edge U.S. Accounts for 7.5% of Total Export Value With the U.S. planning to announce semiconductor tariffs around the middle of next month, Samsung Electronics and SK hynix are growing increasingly tense. Since par

Big Tech's 'TSMC Check' Atmosphere Samsung Rises as the Sole Rival Jae-yong Lee's Role Expected to Grow "I handled several appointments." On the 14th, Jae-yong Lee, Chairman of Samsung Electronics, spoke to reporters at Incheon Airport upon returning

'15% mutual tariff' agreement reached, following Japan $750 billion purchase of U.S. energy Additional $600 billion investment promised Disagreements remain over the 'details' Timing and content of EU investment in the U.S. not specified Divergent st

Restoration activities using Non-Fungible Tokens (NFTs), driven by the Environment Foundation, Dunamu, and Korea Arboretum and Garden Management Service, are gaining attention. For the past three years, they have carried out an experiment called the

The Ministry of the Interior and Safety announced on the 28th that, within just a week of the first round of applications for the 'Livelihood Recovery Consumer Coupon,' 39,673,421 people, or 78.4% of all eligible recipients, had completed their appli

EU states pharmaceuticals included, US does not mention Trump: "EU promises to purchase $750 billion worth of energy" The European Union (EU) and the United States reached a trade agreement on the 27th (local time) to impose a 15% tariff on EU produc

Monday Interview Trump's first National Security Advisor Robert O'Brien US closely observing Korea's pragmatic diplomacy Lee Jae-myung administration should lower reliance on China Expand partnerships with Japan, Australia, etc. to counter Chinese ec

Trump intervenes as fighting intensifies Leaders of both countries agree to enter ceasefire negotiations Over 30 civilians killed in four days President Donald Trump of the United States warned Thailand and Cambodia, currently engaged in conflict, th

The deadline for the Korea-U.S. reciprocal tariff imposition announced by U.S. President Donald Trump is just five days away. The Presidential Office announced on the 27th that President Lee Jae-myung is engaging in negotiations with the U.S. governm