Korea Economic Daily

Asia-Pacific indices continue to climb US negotiation team says a framework to restore flows of key commodities, including rare earths, has been set After the US-China trade talks ended without details being disclosed, on the 11th (local time) US sto

NHN and Nexsus also rising together Anticipation for Virtual Asset Development by the Lee Jae-myung Administration Shares of gaming companies possessing blockchain technology are on the rise. Expectations that the Lee Jae-myung administration will fo

Geneva Agreement Framework Reached The United States and China announced on the 10th (local time) that they had "agreed on a framework to implement the Geneva Agreement." This marks a breakthrough in efforts to ease the tariff war. Howard Lutnick, US

The Ministry of Economy and Finance has begun designing foreign exchange policies in response to the increase in overseas retail investors (individual investors investing abroad). The assets managed by these investors surpassed $1 trillion (approxima

Bloomberg: "Support for Bessent grows within the administration" White House: "Reports of Bessent's nomination are not true" Bloomberg reported on the 10th (local time) that within the Donald Trump administration, there are increasing calls to suppor

Breaks through the 2,900 mark during the session for the first time in 3 years and 5 months Honeymoon rally...Foreign investors 'buying spree' The KOSPI index broke through the 2,900 mark during the session for the first time in about 3 years and 5 m

After surpassing the 2,900 mark in early trading, the KOSPI has retreated to the 2,890 range and is now taking a breather. This is due to a slowdown in foreign buying and intensifying individual selling. As of 11:07 AM on the 11th, the KOSPI is tradi

The main indices of the New York Stock Exchange closed higher amid optimism over US-China trade negotiations. Early this morning at the New York Stock Exchange, the Dow Jones Industrial Average rose 0.25% from the previous session. The S&P 500 Index

NVIDIA, Tesla, and TSMC Climb "Any News from the US-China Deal Will Significantly Impact the Market" On the second day of the US-China trade talks, June 10 (local time), the US stock market started mixed as it awaited the results, before turning high

"Expected End-of-Year Rate: 3.75~4.00%"…50bp↓ from Current "Strong Job Market, High Tariffs Keep Inflation Pressures High" US economists expect the Fed to keep rates steady for at least a few more months, citing the risk that President Trump's tariff

China signals rare earth supply; US, eases export controls on chip design SW, etc. Analysts say "US technology control easing is a win for China" The United States and China resumed their talks in London for the second consecutive day on the 10th (lo

Consensus on Strengthening Economic and Security Cooperation Aim for Bilateral Exchange to Be Tangibly Felt by Citizens Joint Efforts for Peace and Stability on the Korean Peninsula Xi Stresses "Core Interests, Multilateralism" Indirect Pressure on T

High-level trade talks between the two countries in London As the United States and China hold high-level trade negotiations in London, UK, the Financial Times (FT) reported on the 9th (local time) that the US would be open to easing semiconductor ex

MSCI Asia-Pacific Index and Emerging Markets Index rise by 0.4% and 0.5%, respectively "The market is somewhat overbought, but any correction is unlikely to be significant" Global stocks and the dollar rose for the second straight day as investors aw

Population decline makes Republic of Korea the most serious case among major countries "Foster innovative companies and utilize foreign workforce" The Bank of Korea has diagnosed that the pace of decline in the Republic of Korea’s potential growth ra

The Democratic Party of Korea proposes the Digital Asset Basic Act The ruling Democratic Party of Korea has, for the first time, proposed a bill that would allow the issuance of KRW stablecoins. Min Byung-duk, a member of the Democratic Party and the

Regarding the recent surge in Kakao Group stocks, the foreign investment bank (IB) J.P. Morgan downgraded the rally, calling it "a stock price surge that is difficult to justify." According to the Korea Exchange on the 10th, KakaoPay's share price so

Market Stabilized by Tariff Agreement with China J.P. Morgan: "S&P 500 could reach 6170 at peak" The United States stock market is rebounding, shaking off the shock from the tariff war. With the agreement on tariff adjustments between the United Stat

Japanese Minister in Charge: "No Clear Path Forward for Agreement" The United States and Japan plan to hold their sixth round of tariff negotiations on the 13th (local time) in Washington, D.C., USA. Kyodo News reported this on the 10th, stating that

Court: "Decision for Later Appointment According to Article 84 of the Constitution" The court has also decided to postpone President Lee Jae-myung's Daejang-dong trial. On the 10th, the 33rd Criminal Division of the Seoul Central District Court (Pres

On the 10th, Chinese President Xi Jinping highlighted the importance of the strategic partnership during his first phone call with President Lee Jae-myung. This is the third time since his inauguration that President Lee has held a phone call with a

The Group of Seven (G7), which includes Japan, is not expected to issue a joint statement at this year's summit. This will be the first time since 2014 that a G7 joint statement has not been released. It is analyzed that the Trump administration, whi

"I believe America's greatest exports are its Constitution and criminal procedure. The United States is a country that values its Constitution and laws, and I believe the U.S. Constitution offers many references for the direction our society should t

In April, the current account recorded a surplus of $5.7 billion, marking the 24th consecutive month in the black. While seasonal factors such as foreign dividend payments reduced the figure compared to the previous month, it increased year-over-year

The three major indices of the New York Stock Exchange moved sideways. As investors awaited the results of the US-China trade negotiations taking place in London, the market stayed in a narrow range. US President Donald Trump said he was "receiving g

With silver prices reaching their highest level in 13 years, financial products containing silver have also soared nearly 20% this year. According to the New York Mercantile Exchange (COMEX), as of the 9th (local time), July silver futures closed at

Donald Trump, President of the United States, and Gavin Newsom, a ‘rising star’ from the Democratic Party, are clashing over large-scale protests in Los Angeles (LA), California’s largest city. Gavin Newsom, the Governor of California and a potential

Bets on New York Stock Exchange as US Relaxes Export Restrictions on China-Only AI Chips London Talks May Continue for Two Days in a Row Senior officials from the United States of America and the People's Republic of China began talks in London on th

AI Semiconductor Stocks Rise on Anticipation of U.S.-China Talks "Market Sentiment Remains Optimistic Despite Weak U.S. Economic Data" On the 9th (local time), the New York stock market opened mixed as investors awaited the outcome of the U.S.-China