Korea Economic Daily

This year, the yield on the 10-year US Treasury bond has been swinging. The 10-year US Treasury is considered the benchmark safe asset in the global financial market. Some analysts say that the volatility in US Treasury yields has increased the overa

South Korea's foreign exchange reserves returned to the $410 billion level at the end of last month. This increase—by more than $5 billion—is attributed to the weakening of the US dollar. According to foreign exchange reserve statistics released by t

On the 3rd, President Lee Jae-myung stated, "(Negotiations on tariffs with the United States are) clearly very difficult," and added, "It’s hard to guarantee whether the negotiations (with the U.S. government’s mutual tariff suspension deadline) can

President Lee Jae-myung, in his opening remarks at the "30 Days of the President: The Press Asks, the People Get Answers" press conference held at the State Guest House of Cheong Wa Dae on the 3rd, stated, "The top priority is reducing the burden on

President Donald Trump's long-cherished 'One Big and Beautiful Bill (OBBBA)' has narrowly passed the U.S. Senate after much turmoil. Now, the bill moves to the House of Representatives, where more turmoil is anticipated. The Senate and House must pas

Stock price jumps over 500% within a month of listing Korean retail investors hold 2% of total market capitalization "Stablecoin bill passage acts as stock catalyst" U.S. investment banks: "Short-term overshooting may lead to correction" 'Circle' (CR

Nike, Tesla up more than 4% The S&P 500 index, representing the New York stock market, hit a record high following reports that the United States had reached a trade agreement with Vietnam. On the 2nd (local time) at the New York Stock Exchange, the

◆ President Lee holds press conference marking one month in office today President Lee Jae-myung is scheduled to hold his first press conference on the 3rd at 10 a.m., marking 30 days since his inauguration. The event will also be broadcast live on Y

Hopes for a July rate cut rise amid economic slowdown concerns Tesla rises despite drop in Q2 vehicle deliveries Concerns over a slowdown in the US labor market were highlighted on the 2nd (local time), causing US stocks to open lower. However, as ex

CNN, citing Ukrainian intelligence North Korea to increase almost threefold from last time National Intelligence Service also says "Troop deployments observed between July and August" CNN reported on the 2nd, citing Ukrainian intelligence authorities

ADP Survey…Down by 33,000 Compared to Previous Month Increased Uncertainty Due to 'Trump Tariffs' Last month, the U.S. private employment market showed a decline for the first time in about two years. According to Automatic Data Processing (ADP), a U

For three consecutive days following the opening of the automobile and rice markets, Japan faces continued pressure tactics "If no deal, Nikkei to drop to 38,000, GDP to decrease by 1.2%" forecast Experts anticipate Japan will make further concession

'One Month Since Inauguration' Town Hall Meeting Format Expected to Share Thoughts on Diplomatic Security and Key Domestic Issues Cleared Schedule a Day Before to Focus on Preparation President Lee Jae-myung will hold his first press conference since

Trump Warns of Hike from Existing 24% "Exploited the US for Decades, No Manners" US President Donald Trump has warned that he may raise the mutual tariff rate on Japan, previously announced at 24% in April, ahead of the end of the mutual tariff suspe

ECB Annual Monetary Policy Forum Governor Lee: "If issued without regulation, controlling money supply will become difficult" Powell & Lagarde: "Verification is necessary" Lee Chang-yong, Governor of the Bank of Korea, voiced concerns that allowing t

Musk Once Again Criticizes U.S. Tax Cut Bill JPMorgan and Other Wall Street Firms Lower Their Price Targets Again As Elon Musk, CEO of Tesla, Inc., openly criticized a key legislative agenda — the 'one big, beautiful bill' — championed by Donald Trum

KITA, Export Structure Change Report Automobile, Parts, and Machinery Sectors Vietnam and Mexico Replacing Korean Products If Different Reciprocal Tariffs are Implemented Competitive Advantage Possible in Electric & Electronic Products If the United

U.S. Maintains CHIPS Act On the 1st (local time), the U.S. Senate passed the 'Donald Trump Tax Act,' which includes provisions to increase the semiconductor tax credit rate from 25% to 35%. President Donald Trump had called for abolishing the semicon

It has been reported that China has sounded out the possibility of President Lee Jae-myung attending the '80th Anniversary of the Victory of the Chinese People's War of Resistance Against Japanese Aggression and World Anti-Fascist War (World War II),

The U.S. Senate has decided to maintain the CHIPS and Science Act—which former U.S. President Donald Trump had insisted be repealed. On the 1st (local time), after much difficulty, the Senate narrowly passed the 'One Big Beautiful Bill (OBBBA),' whic

Gold Prices Soar, Trading Volume Reaches All-Time High Individual Investors Flock to the KRX Gold Market In the First Half of This Year, the Average Price for 1kg Gold Bullion Was ₩144,000 Per Gram Up 36.7% from Last Year's Average of ₩106,000 Per Gr

Elon Musk, CEO of Tesla, has successfully completed a fundraising round of $10 billion (approximately ₩13 trillion 600 billion) for his artificial intelligence (AI) company, xAI. The newly raised capital is expected to be used for further advancement

The Bank of Korea explained that last month's inflation rate, which was recorded at 2.2%, was "amplified due to the impact of the base effect." It also stated that future price trends could be affected by U.S. tariff policies, the political situation

TRM Labs (hereafter TRM), a global company based in the United States that provides solutions for combating virtual asset-related crimes and analyzing financial risks, officially visited Korea last month, it was announced on the 2nd. Accompanying the

BIS, Markets, and Government: Conflicting Calculations and the Solution? "Coordination Between Public and Private Perspectives is Needed" The 'Law Street' column from Hankyung Law & Biz offers practical legal knowledge for businesses and individuals.

Trump Criticizes 'Other Countries Are Ill-mannered' President Donald Trump once again publicly declared that he has no intention of deferring mutual tariffs. He also threatened that higher tariff rates could be imposed on Japan compared to the announ

The New York Stock Exchange closed mixed as tensions between former President Donald Trump and Tesla CEO Elon Musk reignited. The market also kept an eye on ongoing negotiations regarding the mutual tariff suspension period, which has a week left. On

After the House Revote Scheduled for the 2nd Official Enactment and Implementation Upon Trump’s Signature A 'big, beautiful bill' encompassing key policies of President Donald Trump's second term—such as tax cuts and strengthened measures to block il