Korea Economic Daily

Trump's Ultimatum: "Iran Must Surrender Unconditionally" "We Know Where the Supreme Leader Is Hiding" Khamenei: "No Mercy for Israel" On the 17th (local time), U.S. President Donald Trump pressured Iran to "surrender unconditionally," stating, "I kno

100% Reserve Requirement Mandated Legal Framework Established... Enhanced Stability Banks and General Companies Can Issue Coins U.S. Treasury Value Rises As Demand Increases The so-called 'GENIUS' Act, which regulates stablecoins, passed the plenary

Surge in Signal Jamming in the Strait of Hormuz Amid escalating conflict between Israel and Iran, an oil tanker collision occurred in the Strait of Hormuz off the coast of Iran. Iran is suspected of jamming ship signals in this area. According to Reu

U.S. President Donald Trump pressured Iran on the 17th (local time), saying, "I know exactly where the Iranian Supreme Leader is hiding" and urging Iran to "surrender unconditionally." President Trump, referring to the Iranian Supreme Leader on socia

On the 17th (local time), Israel continued its large-scale airstrikes on Tehran, the capital of Iran, for the sixth consecutive day. The attack came immediately after US President Donald Trump urged Iran to 'unconditionally surrender', further escala

Korea's Food, Clothing, and Housing Prices Significantly Higher Than OECD Average Fruit, Vegetables, and Meat Are 1.5 Times OECD Average An analysis has revealed that the essential living costs closely linked to the daily lives of Koreans are higher

Koscom announced on the 18th that it has signed a memorandum of understanding (MOU) with DB Securities to jointly promote the token securities platform business. This marks the sixth token securities-related agreement that Koscom has signed with a se

'Permissionless', are we prepared? As discussions about issuing a Korean won stablecoin accelerate, anticipation and concern are intersecting across various parts of society. Currently, public discourse remains focused on the peripheral issue of 'whi

"Missile attacks on U.S. bases in the Middle East" "Possible strikes against Iraq, Qatar, UAE, etc." Reports indicate that Iran has prepared missiles and other weapons capable of launching retaliatory attacks on U.S. military bases in the Middle East

US President Donald Trump is showing signs of getting involved in the Middle East war, intensifying the economic shock. According to 'Yahoo Finance', a US economic portal, on the 17th (local time), if Trump is fully involved in the Middle East war, t

Signals Transition from Defensive Support to Direct Offensive Against Iran Trump Issues Consecutive Hardline Messages…"Unconditional Surrender" Donald Trump, President of the United States, is reported to have spoken with Israeli Prime Minister Benja

All three major stock indices on the New York Stock Exchange recorded declines. As Donald Trump, the President of the United States, discussed the possibility of military intervention in Iran, risk-averse sentiment spread in the stock market. On the

◆ U.S. Stocks Decline Amid Concerns of U.S. Involvement in Israel-Iran Conflict The three major U.S. stock indices closed lower on the 17th local time. As the Israel-Iran conflict entered its fifth day and President Donald Trump took a hardline stanc

"We know the exact location where Iran's Supreme Leader is hiding" U.S. military strengthens presence in the Middle East… Additional deployment of fighter jets and more President Donald Trump announced that he is aware of the whereabouts of Iran's Su

Down 0.9%...Impact of tariffs U.S. retail sales in May recorded the largest monthly decline so far this year. Analysts say consumers are cutting back spending as a result of tariffs. According to an announcement by the U.S. Census Bureau under the De

"Gold demand will decrease if the US economy recovers and geopolitical crises ease" "In Q3 this year, prices will move between $3,100 and $3,500" Citibank has lowered its short- and long-term price targets for gold despite the rising geopolitical ris

Retail sales drop far more than expected as oil prices jump over 2% Sunrun, Enphase, etc. plummet on elimination of clean energy tax credits On the 17th (local time), US stocks started lower due to weak retail sales data and heightened risks in the M

Sergey Shoigu, Secretary of the Russian Security Council, announced on the 17th (local time) that "Kim Jong Un, Chairman of the State Affairs Commission of North Korea, has decided to dispatch a total of 6,000 engineering troops and military construc

Amid ongoing military confrontations between Israel and Iran, U.S. President Donald Trump declared that he wants a 'real end'—meaning Iran's complete abandonment of its nuclear ambitions. While leaving open the possibility of sending a key aide as a

The Ministry of Foreign Affairs issued a level 3 travel advisory (Departure Advisory) for all regions of Iran starting at 1 p.m. on the 17th, due to the continued armed conflict between Israel and Iran. This is an upgrade from the previous special tr

Bank of Japan keeps rates unchanged, South Korean stocks rise Tension as Trump mentions, "All Tehran residents should evacuate" Analyst: "Israel may continue airstrikes even if Iran seeks ceasefire" Fears of an escalation in military conflict between

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

G7 Leaders Adopt Joint Statement The leaders of the Group of Seven (G7), including United States President Donald Trump, issued a joint statement on the 16th (local time) urging de-escalation to Iran, which is at war with Israel. At the G7 summit bei

Will the U.S. Expand Involvement in the 'Israel-Iran War'? Trump: "Regardless of a Ceasefire" Nimitz Aircraft Carrier Dispatched to the Middle East Iran's Underground Uranium Enrichment Facility Israel Incapable of Destroying Alone U.S. Considering B

US hurriedly deploys aircraft carrier to the Middle East Turning point in the Middle East war expected As Israel and Iran continue their clashes for the fifth day, US President Donald Trump announced on the 16th (local time), "Everyone must leave Teh

Pressuring Vietnam with High Tariffs "More Stringent Crackdown on Chinese Circumvention of Exports Needed" The United States is pressuring the Vietnamese government to reduce reliance on Chinese technologies for products assembled in Vietnam and expo

Steel and Aluminum Granted 'Most-Favored-Nation Status' Deal With Canada to Be Set Within 30 Days U.S. President Donald Trump and UK Prime Minister Keir Starmer signed a bilateral trade agreement on the occasion of the G7 summit held in Alberta, Cana

Sergei Shoigu, Secretary of the Security Council of Russia, visited North Korea on the 17th and met with Chairman Kim Jong-un. According to Yonhap News Agency, Russian media outlets including TASS News Agency, citing the Russian Security Council and