Korea Economic Daily

Briefing on the 3rd Korea-U.S. Tariff Technical Meeting U.S. Strongly Demands Elimination of Non-Tariff Barriers Delegation Proposes 'Manufacturing Cooperation' Card The Era of '0% Tariffs' Effectively Over With about a week left until the U.S. mutua

Encouraging Syria and Lebanon to Join Trump: "There are great countries" Normalization of Israel-Arab Relations Checking Chinese and Russian Influence in the Middle East Hezbollah and Others as Obstacles to the Accords President Donald Trump is pushi

With the weakening of the dollar, the KRW-USD exchange rate fell to its lowest level in 8 months (meaning the value of the won rose). During intraday trading, it even dropped below 1,350 KRW. On the 30th, at the Seoul foreign exchange market, the KRW

A survey has found that over 90% of economists are concerned about the potential weakening of the U.S. dollar’s status as a safe-haven asset. According to Yonhap News Agency and others on the 30th, a survey conducted this month by the Financial Times

This week, the New York stock market is expected to be influenced mainly by the expiration of the United States’ mutual tariff exemption period, which concludes on July 9 next month. With the closure and early closing in observance of U.S. Independen

Donald Trump, President of the United States, stated on the 29th (local time) regarding the deadline for reciprocal tariff exemptions, "What we need to do is send letters to all countries." According to Fox News and others, in a public interview that

The KOSPI index surpassed the 3,100 level for the first time in 3 years and 9 months last week, then showed some corrective movement. Securities firms forecast that, as policy momentum (rising force) remains strong, the index is highly likely to reco

The expiration of the reciprocal tariff suspension period by U.S. President Donald Trump is just ten days away. There is growing attention on whether President Trump will extend the suspension and whether South Korea will be included among the countr

The number of male investors is double that of females Office workers participate actively A survey found that 27% of individuals in their 20s to 50s currently hold virtual assets. It was found that virtual asset investors are allocating 14% of their

The Times of Israel, a local daily, reported that the Israel Defense Forces intercepted a missile launched from Yemen. On the morning of the 28th (local time), air raid sirens sounded in Beersheba, Dimona, Arad, and other areas as a missile launched

Ukrainian military authorities announced on the 27th (local time) that they struck four Russian fighter jets at an air base in the Volgograd region of central Russia. According to Reuters, the Ukrainian armed forces hit four Su-34 Russian fighter jet

The Personal Consumption Expenditures (PCE) price index, considered a key indicator for monetary policy decisions by the U.S. central bank (Fed), remained at a level consistent with market expectations in May. Despite assessments that price increases

Scott Besant, the United States Secretary of the Treasury, expressed his outlook that negotiations with major countries could be concluded by Labor Day, September 1, in the US. Secretary Besant is currently leading international trade negotiations un

Following engines, transmissions, and electronic components Department of Commerce reviewing additional parts "Supply chains may be lost to U.S. competitors" The U.S. Department of Commerce is expanding the categories of automobile parts subject to a

"The President will decide"... Leaving room for extension Numerous deals fall through… US has no signatories except the United Kingdom Progress in negotiations with China… Agreement signed on rare earths and semiconductors Trump: “Pursuing a massive

Kakao Pay is plummeting after trading resumed. Previously, its stock price soared as it was grouped with the stablecoin theme, resulting in its designation as an investment risk stock and trading being halted. As of 9:18 a.m. on the 27th, Kakao Pay w

The U.S. Department of Commerce is expected to expand the types of auto parts subject to the 25% tariff. The International Trade Administration (ITA) under the Department of Commerce announced on the 24th (local time) that it has established procedur

Treasury yields drop on rumors of early Fed Chair replacement Dollar value at lowest in 3 years Expectations that the Trump administration may extend the reciprocal tariff deferral period, set to expire on the 8th of next month (local time), led the

◆ New York Stock Exchange Rises on Hopes of Extended Tariff Negotiations The New York Stock Exchange showed strength amid expectations that the U.S. administration's reciprocal tariff negotiation deadline, led by Donald Trump, would be extended. On t

'Buying Opportunity' Despite ₩4 Trillion Net Outflow in June Wall Street: "Interest Rate Cuts by September at the Latest" There has been a significant outflow of global funds from US long-term Treasury Bond ETFs. Although investment sentiment has dec

"North Korea Selecting Soldiers for Additional Deployment" The National Intelligence Service predicted on the 26th that "North Korea is likely to send additional troops to Russia as early as July or August." Democratic Party of Korea lawmaker Park Su

Rent control, corporate tax hike, and more Mamdani puts forward radical pledges "Financial firms considering even relocating headquarters" Radical politician Zohran Mamdani (pictured), a New York State Assembly member, won the Democratic primary for

CEO Park Sang-jin's 10th Anniversary Press Conference Full-scale Entry into the Offline Payment Market Naver Pay has revealed its intention to enter the Korean won stablecoin business. As a new strategic move, the company has also decided to target t

J.P. Morgan, a U.S. investment bank, warned that stagflation (inflation during an economic slowdown) triggered by President Donald Trump's tariff policy could slow down the growth of the United States economy. In its report on the 25th (local time),

Emphasis on Fair Growth and Livelihood Economy "Time for the Government to Act" — Calls for Swift Supplementary Budget "Will Restore Transparency and Usher in the KOSPI 5000 Era" President Lee Jae-myung, in his first policy speech at the National Ass

With the dollar weakening, the KRW-USD exchange rate fell to the 1,350 won level (the value of the Korean won rose). The International Financial Center held its second half outlook seminar that day and forecasted that the weak dollar trend will conti