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Third Agreement Following the U.K. and Vietnam Indonesia to Purchase Agricultural Goods, Energy, and Aircraft Market Opening and Mutual Tariff Reduction The United States and Indonesia have concluded a trade agreement. Indonesia has opened its market
Some Republicans Voted Against Criticized as Lacking CBDC Issuance Ban Clause Bitcoin Temporarily Dropped 3% US House Opts for Single Vote Review Instead of One-Shot Deliberation on 3 Bills Possible Standalone Process for 'Stablecoin' Bill Vote Could
"Semiconductors on Similar Timeline" Donald Trump, President of the United States, plans to impose itemized tariffs on foreign pharmaceuticals as early as the end of this month. According to the White House media pool on the 15th (local time), after
"Building More Computing Capacity Is Essential" Masayoshi Son, Chairman of Japan's SoftBank Group, and Sam Altman, CEO of OpenAI, agreed that it is essential to continue building more computing capacity due to the growing demand for artificial intell
KB Financial Group Digital Innovation KB Financial Group is pushing the adoption of more than 250 AI agents across approximately 39 key business areas, based on the 'KB AI Strategy' and the 'KB AI Agent Roadmap.' The goal is to generate tangible valu
Shinhan Financial Group's Digital Innovation 'Easier, more comfortable, and newer finance' is the vision set by Shinhan Financial Group. Shinhan Financial is pursuing comprehensive digital innovation and reinforcement strategies in line with this vis
The U.S. Congress’s push for stablecoin regulation, the 'GENIUS Act,' was stalled in the House of Representatives. This happened as disagreements arose over passing three virtual asset-related bills, including the GENIUS Act, as a package. With U.S.
Negative approval at 43% at inauguration Negative evaluations of President Donald Trump's administration have reached their highest level since the beginning of his second term. According to The Hill on the 15th (local time), a poll conducted by The
BNK Financial Group Digital Innovation BNK Financial Group is concentrating its capabilities on digital transformation to overcome the limitations as a regional financial holding company. The company has determined that 'digital' is the breakthrough
Net selling by foreigners and institutions in KOSPI and KOSDAQ markets The KOSPI is attempting to recover the 3,200 mark during intraday trading. The KOSDAQ index is also reducing its losses and has approached the break-even zone. As of 11:00 a.m. on
Major U.S. banks are expressing positive views on issuing stablecoins. A stablecoin is a type of cryptocurrency designed to minimize price volatility by pegging its value to a specific asset. Stablecoins are primarily structured to maintain a fixed e
After news that cryptocurrency-related bills promoted by President Donald Trump were rejected in the House of Representatives, Korean won stablecoin theme stocks are collectively weak in the domestic stock market early on the 16th. As of 9:30 a.m. to
On the 16th, Lee Chang-yong, Governor of the Bank of Korea, stated, "The macroprudential role of central banks should be further strengthened." This is because, unlike major countries, the Bank of Korea lacks supervisory authority, leading to concern
Trump: “Pharmaceutical tariffs could start as early as the end of this month… Semiconductor tariffs coming soon” Song-ryeol Lee, Hankyung.com journalist yisr0203@hankyung.com
Standing Against President Donald Trump Jamie Dimon, Chairman of JPMorgan Chase, the largest bank in the United States, has expressed his support for Jerome Powell, Chairman of the Fed, who is facing attacks from President Donald Trump. According to
Trump: "Tariff letter to small countries soon... a single tax rate just over 10%" Lee Song-ryeol, Hankyung.com journalist yisr0203@hankyung.com
Trump: "Tariffs to be imposed on the 1st of next month... Working on an additional 5–6 trade agreements" Song-ryeol Lee, Hankyung.com reporter yisr0203@hankyung.com
NASDAQ Hits Record High The main indices of the New York stock market moved in mixed directions. With inflation rising, investor caution grew, while U.S. government approval of NVIDIA’s exports to China boosted tech stocks. On the 15th (local time) a
◆ New York Stock Market Mixed Amid CPI Concerns and NVIDIA Expectations The three major indices on the New York stock market showed a mixed trend on the 15th local time. As concerns heightened over the June U.S. Consumer Price Index (CPI) posting a l
NVIDIA, AMD, and Rising Chinese Tech Stocks CPI, Vessent Treasury, Powell Replacement Process Mentioned, Leading to Higher Bond Yields On June 15 (local time), the S&P 500 and Nasdaq showed gains on the New York Stock Exchange, driven by a surge in t
U.S. President Donald Trump announced on the 15th (local time) that a trade agreement had been concluded with Indonesia. President Trump wrote on his social network service, Truth Social, "An excellent agreement with Indonesia for everyone has just b
Largest increase in 4 months Slightly exceeded expert estimates Trump: “Interest rate should be lower than 1% per year” Again presses Powell for dismissal US consumer prices surged sharply in June. This is interpreted as a sign that the limited tarif
Tariff Impact by Sector and Effects on Chinese Consumer Goods Core CPI Remains More Stable Than Expected, Positive Signal for September Rate Cut The impact of tariffs, which US economists have consistently warned about, has begun to be reflected in U
Vanguard, which primarily manages index funds, reluctantly includes Strategy Vanguard still does not broker Bitcoin ETF trades The Vanguard Group, which has long dismissed Bitcoin as an 'immature asset class with no intrinsic value,' is projected to
NVIDIA surges 4.5% pre-market, NASDAQ index futures also rise H20 orders from China's ByteDance, Tencent, etc., Hong Kong H-shares also climb NVIDIA announced that it expects approval from the U.S. government to sell its lower-spec AI chip H20 in Chi
The Onslaught of Stablecoins (11) Won-Pegged Coin on the National Agenda Lee's Presidential Campaign Pledge, Ruling Party Accelerates Efforts "Need to Build a Barrier to Block Dollar Coins Creating New Demand by Combining With K-Content" Bank of Kore
Securities Firms: "Market Expectations Are Excessive" In the Korean stock market, theme stocks related to won-based stablecoins are experiencing repeated sharp fluctuations. Even though legislation for won-based stablecoins has not been established,
Spotlight as the AI Agent Market Grows Traditional Finance Struggles to Keep Up Overseas Experiments with AI-based Crypto Payments As the era where artificial intelligence (AI) entities buy and sell data and services among themselves approaches reali
Trump pressures Putin for ceasefire deal Secondary tariffs also on Russian oil importers Donald Trump, President of the United States, warned on the 14th (local time) that if Russia does not agree to a ceasefire in the Ukraine war within 50 days, "ha
10-year government bond yield at 1.595% per annum Impact from opposition party's consumption tax cut pledge Japan's 10-year government bond yield, a key long-term interest rate indicator, surged to its highest level in about 17 years (implying a fall