Korea Economic Daily

By James Kostohryz On Friday, the U.S. stock market showed a relatively mild decline despite the news of Israel's large-scale attack on Iran and Iran's substantial initial retaliation. The index fell by only 1.13%. This may reflect the expectation th

On the 16th, NH Investment & Securities recommended a 'neutral approach' to short-term oil investments, noting that the future price of Middle Eastern crude remains uncertain as regional tensions reignite. Hwang Byung-jin, a researcher at the firm, s

"Soaring oil prices are negative for utilities, food & beverage, and airlines" The conflict between Israel and Iran has shocked the stock market. Korea Investment & Securities views that as upward pressure on oil prices intensifies and inflation acce

Benjamin Netanyahu, the Prime Minister of Israel, suggested that as a result of military attacks on Iran, a regime change in Iran could occur. On the 15th (local time), Prime Minister Netanyahu responded in an interview with the American outlet Fox N

President Lee Jae-myung will attend the Group of Seven (G7) summit, his first multilateral diplomatic event since taking office, following a 3-day, 1-night schedule. President Lee will depart for Canada on the 16th to attend the summit events until t

Supreme Prosecutors' Office '2024 White Paper on Drug Crimes' 14,000 young people exposed 'One-stop' transactions with just a smartphone Share of 20s/30s up 11 percentage points in 4 years 44% of foreign inmates are drug offenders With smuggling bloc

5 Major Banks’ Balances Exceed KRW 750 Trillion Mortgage Loans Rise by KRW 1.4799 Trillion Credit Loans Increase by KRW 600.2 Billion Authorities Convene Emergency Meeting on the 16th Attention on Possible Additional Regulations The household loan ba

Cryptocurrency A to Z Top-up of Bitcoin and more allowed Southeast Asia 'Super App' GrabPay QR payment available in Singapore "GrabPay accepted here." On the 15th, at Raffles City, Singapore's largest shopping center. After loading a total of $100 wo

This week, Wall Street in the United States is expected to focus on the military conflict between Israel and Iran and the outcome of the Federal Open Market Committee (FOMC) meeting. The FOMC regular meeting of the U.S. central bank (Fed) could also

Weekly Outlook on Exchange Rate and Bonds Korean Won to Dollar Exchange Rate Stabilized May Respond Sensitively to International Oil Price Trends Hawkish Remarks from the Bank of Korea Governor Could Spur a Rise in Bond Yields Close Attention to the

Third day of clashes... Middle East ablaze Over 500 casualties reported War expected to last at least several weeks US-Iran nuclear talks ultimately canceled The conflict between Israel and Iran, which began with Israel’s surprise attack, has continu

Silver prices hit 13-year high Large inflows into silver banking Weakened dollar and trade disputes overlap Silver prices up 25% this year alone Hot investment despite rising value Related accounts increase by 1,704 ETF and ETN returns soar Expected

"Attack on Nuclear Facility Is a Violation of the Red Line" "There Is Evidence of U.S. Involvement" Criticism of the International Community's Incompetence Abbas Araghchi, Iran's Deputy Foreign Minister, demanded that Israel halt its attacks first. A

South Korea's crude oil import share from the Middle East: 72%·LNG: 36% If the Strait of Hormuz is blocked, crude oil and LNG import routes are cut off Rising oil and gas prices could pressure public utility rate hikes As the clash between Israel and

"Israel’s attack is unrelated to the US" Mediation efforts for Israel-Iran ceasefire negotiations are mentioned There is a dominant prediction the war will be prolonged US President Donald Trump has warned Iran not to retaliate against the United Sta

KOSPI Weekly Outlook NH Investment & Securities: "This week's expected range is 2800~3000" The securities industry anticipates that the KOSPI index will attempt to test the 'KOSPI 3000 points' threshold this week, undergoing a resilience test for sho

After Israel bombed Iran's nuclear facilities and military leadership, clashes between the two countries continued to intensify. Immediately following news of the strike on June 13, global financial markets displayed strong risk-aversion behavior. Pr

Donald Trump, President of the United States, signed an executive order on the 13th (local time) effectively allowing Nippon Steel’s acquisition of U.S. Steel, as reported by AP and others. The executive order modifies the prohibition imposed during

₩78.4 billion from a virtual asset platform established by his sons First asset disclosure after returning to power…₩300 billion from real estate It has been revealed that former U.S. President Donald Trump earned an income of about $600 million (app

Surge in Silver Prices Due to Preference for Safe Havens Silver Banking Balances Surpass ₩60 Billion While the upward trend in gold prices has somewhat subsided, silver prices are sharply rising and drawing attention. Amid concerns over the deteriora

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), stated that radiological and chemical contamination has occurred inside the Natanz nuclear facility, Iran's uranium enrichment hub. According to Reuters on the 13th (lo

Fatalities have occurred in Israel as Iran launched a retaliatory attack in response to Israel's airstrike on nuclear facilities. CNN reported on the 13th (local time) that Yahiel Leiter, the Israeli Ambassador to the United States, confirmed the dea

Amid heightened tensions in the Middle East due to Israel's overnight surprise airstrike and Iran's missile retaliation, international oil and gold prices soared, and all three major indices on the New York Stock Exchange experienced a sharp drop. Mo

Infrastructure Damage & Hormuz Blockade Concerns "Oil Could Reach $130 per Barrel" Global oil prices surged following news that Israel carried out airstrikes on Iranian nuclear facilities, and Iran retaliated by launching hundreds of missiles. On the

The three major indexes of the New York Stock Exchange (NYSE) fell simultaneously. As Iran launched large-scale missile strikes targeting Israel, investor sentiment quickly froze and stock prices declined. On the 13th (local time) at the New York Sto

35 Injured Including in Tel Aviv… Damage to High-Rise Buildings Khamenei: "Israel Started the War" Israel: "Airstrikes on Civilian Areas are a Red Line" On the 13th (local time), Iran launched a large-scale air raid, firing multiple missiles as retal

U.S. President Donald Trump urged Iran, which suffered a large-scale airstrike by Israel, to enter into a nuclear agreement with the United States before it is too late. On the 13th (local time), President Trump warned Iran through his social network

Donald Trump, President of the United States, urged Iran, which was subjected to a large-scale airstrike by Israel, to engage in a nuclear deal with the United States. On the 13th (local time), President Trump posted on his social networking service,

On the 13th (local time), Iranian state media reported that Israel had launched an additional attack on Iran's Natanz nuclear facility. The Natanz nuclear facility is Iran's largest uranium enrichment site, located south of the capital Tehran. Accord