Korea Economic Daily

Sergey Shoigu, Secretary, Visits North Korea Again Just One Month After Previous Visit Sergey Lavrov, the Russian Foreign Minister, is scheduled to visit North Korea from the 11th to the 13th at the invitation of the North Korean Ministry of Foreign

Trump hints at extension, then reverses statement United States President Donald Trump announced on the 8th (local time) that the tariff imposition deadline scheduled for August 1 would not be postponed. He asserted that the date specified in the 'ta

In the era of Donald Trump, 'flattery' is making open appearances on the diplomatic stage. According to The New York Times (NYT) on the 8th (local time), Benjamin Netanyahu, Israel's Prime Minister, personally delivered a letter on the 7th at the Whi

It was tallied that household loans in the financial sector increased by ₩6.5 trillion last month. Fueled by rising expectations for housing prices, especially in the Seoul metropolitan area, the market has overheated, resulting in the largest monthl

KOSPI climbed for the third consecutive day on the 9th, setting a new intraday high. As of 2:13 p.m., KOSPI stands at 3131.75, up 16.7 points (0.54%) from the previous day. The index opened at 3123.22, up 8.27 points (0.27%) from the previous session

If 25% is imposed, growth rate drops to 0.5% Critical juncture for negotiations until August As the United States has announced a 25% reciprocal tariff on South Korea, an analysis suggests that the growth rate could be reduced to half the previous fo

Dollar Experiences Largest Drop in Value in 52 Years Trump’s 'Dollar Shaking' Erodes Credibility Opinions are divided among securities experts about whether former President Donald Trump's 'dollar shaking' will become a variable for the domestic stoc

The Ministry of SMEs and Startups is promoting a plan to grant 'venture business' status to virtual asset (cryptocurrency) operators. The intent is to consider virtual asset operators as 'technology-based startups or growth companies,' allowing them

The three major indices of the New York stock market remained in a tight range, showing mixed movements after a dull session. Although former U.S. President Donald Trump declared that he would not extend the imposition of tariffs beyond August 1, the

Summary ·Concerns over global supply chain disruptions due to Trump’s reciprocal tariffs ·Tariffs on resource-rich nations impact costs for electric vehicle and battery makers ·Tariffs on Bangladesh and Cambodia hurt Korean apparel firms Recent analy

President Donald Trump revealed plans to impose item-specific tariffs during a Cabinet meeting at the White House on the 8th (local time), telling the attending press he would soon announce a copper tariff. He mentioned that the tariff rate would be

◆NVIDIA Hits All-Time High...Market Cap Nears $4 Trillion Overnight, the New York stock market closed mixed amid ongoing tariff uncertainty. At the New York Stock Exchange early this morning, the Dow Jones Industrial Average and S&P 500 Index fell by

Tesla rebounds 1.6% after a sharp drop After President Trump suggested further postponement of tariff deadlines and indicated flexibility for countries willing to negotiate, the US stock market on the 8th (local time) attempted a rebound from the pre

The previous day, BofA also raised its target from 5,600 to 6,100 "Favorable conditions such as rate cuts in the second half, falling bond yields, strong large-cap earnings, investor appetite, etc." Wall Street average year-end target index: 6,300 Go

"Expectations for Increased Sales Over the Next 3 Months Also Declined" With ongoing trade conflicts, small business confidence in the US declined in June. The decrease was attributed to continued trade uncertainty and a buildup in inventories. Accor

South Korea: "Responding to Requests to Lower Non-Tariff Barriers" Japan: "All Measures Taken to Lessen Impact of 25% Tariff" Taiwan: "Focusing on Cooperation in Technology and Security Negotiations" After President Trump postponed the mutual tariff

US stock index futures show mixed trend "Possibility of extended negotiations already reflected in the market" President Donald Trump sent a new tariff notification letter to South Korea, Japan, and other countries, strengthening pressure on trade ne

Wi Sung-rak proposes early summit Rubio, only 'agrees' without a definite answer Wi Sung-rak, Director of the National Security Office (pictured left), who is visiting the United States, met with U.S. Secretary of State and National Security Advisor

Large Trade Surplus with the U.S. and Linked by Security Shock to Other Countries by Pressuring Economic Powerhouses in Asia Ishiba: "No Hasty Compromises" On the 7th (local time), President Donald Trump of the United States sent 'tariff letters' to

"For U.S. tariffs, upholding national interests is more important than rushed talks" Presidential office holds emergency meeting after Donald Trump announces 'August 1 tariffs' U.S. demands removal of tariff and non-tariff barriers—pressures allies l

U.S. Tariff Uncertainty Remains a Risk Factor Despite the implementation of the first supplementary budget, the Korea Development Institute (KDI) evaluated that the economic trend remains sluggish. However, it left open the possibility that domestic

Q1 net fund operations surge by ₩30 trillion Consumption shrinks despite year-beginning bonuses Fewer new apartment move-ins also influenced results It was found that in the past first quarter, Korean households' surplus funds increased to their larg

Trump Who Said 'No Further Extension,' Postpones Reciprocal Tariffs Again Return of the 'Coward Trump (TACO)' Taunt As Donald Trump, President of the United States, postponed the implementation of reciprocal tariffs—previously delayed by 90 days from

Stock price plunges 6.8% after 'new party' announcement Down 27% this year... Even Tesla bulls turn away NYT: "Launching a new nationwide party is harder than exploring Mars" Elon Musk, CEO of Tesla, who had consistently criticized U.S. President Don

25~40% Notification to 14 countries On the 7th (local time), U.S. President Donald Trump sent letters notifying Korea and 14 other countries of new tariff rates. President Trump publicly disclosed on Truth Social that at around 12:20 p.m. he sent let

Naver, poised for further gains if domestic demand recovers Mixed outlook for Kakao Naver and Kakao, once dubbed ‘national villains’ among stocks, have rebounded sharply after a long slump. While some profit-taking has recently occurred, experts pred

Presidential Office Spokesperson Briefing On the 8th, the Presidential Office commented on the tariff negotiations with the United States, stating, "We will continue to strive for a solution more beneficial to the national interest through various di