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Securities Industry: "Expectations for Stimulus Drive KOSPI Higher" NH Investment & Securities Sets Weekly KOSPI Band at 2,590~2,800 Consensus on Stimulating Domestic Demand and Supporting the Stock Market Ahead of the presidential election, the KOSP
June National Tax Service Reporting Period Stocks, funds, insurance, and coins held with overseas financial companies are subject All assets in all accounts must be reported It's the month for overseas financial account declarations again. Residents
Jamie Dimon, known as the 'Emperor of Wall Street' and the CEO of JPMorgan Chase, has warned that a 'crack in the bond market' could occur soon. He pointed out that U.S. government fiscal spending and the central bank's (Fed's) quantitative easing ha
US President Donald Trump emphasized on the 30th (local time) that Nippon Steel’s negotiations with United States Steel Corporation are 'an investment,' not an 'acquisition.' According to Yonhap News and others, President Trump held a large rally at
On the 30th (U.S. Eastern Time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed up 54.34 points (0.13%) at 42,270.07. The S&P 500 index fell 0.48 points (0.01%) to 5,911.69 from the previous session, while the Nasdaq Co
U.S. President Donald Trump strongly criticized China on the 30th, stating that China violated the trade agreement it had with the United States. President Trump wrote on SNS Truth Social, "China, unsurprisingly, has completely violated our agreement
Up 2.1% Year-on-Year…Below Expectations Consumption Drops Amid US Economic Slowdown Concerns The price increase of the Personal Consumption Expenditures (PCE) Price Index, which the Federal Reserve System (Fed) uses as a measure of inflation, recorde
The delisting of the cryptocurrency WEMIX from domestic virtual asset exchanges has been finalized after its listing was removed twice. The 50th Civil Division of the Seoul Central District Court (Chief Judge Kim Sang-hoon) dismissed Wemade's applica
"No practical benefit to an appeal"…Prosecutors accept bail in the 'Virtual Asset Protection Act Case No. 1' A group who manipulated coin prices to illicitly gain around ₩7.1 billion was released on bail by court decision. As the prosecution decided
Long-term government bond yields are on the rise globally. President Donald Trump’s reciprocal tariffs were ruled invalid by the United States Court of International Trade on the 28th (local time), and then, in less than 24 hours, that invalidation w
Reuters Report Compiled Figures on Companies' Revenue Decline and Cost Increase Global companies have mentioned that tariff imposition by U.S. President Donald Trump is expected to result in revenue losses and increased costs, totaling $34 billion (a
Meta is greatly expanding its cooperation with the United States Armed Forces. Following last year’s opening of its artificial intelligence (AI) models for military use, the company has now teamed up with Anduril, headed by Palmer Luckey—the founder
The shock from United States tariffs is intensifying. Last month, industrial production, consumption, and investment all declined simultaneously. This is the first time since January this year that production, consumption, and investment—all componen
Plaintiffs and Defendants Required to Submit Documents by June 9 Tariffs Remain in Effect Until Then Future Tariff Imposition Depends on Court of Appeals Decision White House: “If Court of Appeals Issues No Temporary Order, We Will Immediately Seek E
The United States federal appeals court has decided to temporarily reinstate President Donald Trump's reciprocal tariff measures during the appellate hearing period, which had been halted by the lower court. According to Reuters on the 29th (local ti
First Meeting After the Start of 'Trump’s Second Term' Donald Trump, the President of the United States, met with Jerome Powell, the Federal Reserve (Fed) Chair who has not complied with his requests to lower the federal funds rate, at The White Hous
David Sacks, who oversees AI and cryptocurrency policy in the Donald Trump administration, stated that he is considering ways for the government to purchase additional Bitcoin without increasing the federal budget. At the 'Bitcoin 2025 Conference' he
In the first quarter of this year, the U.S. economy recorded negative growth due to a surge in imports stemming from Trump tariffs. However, the extent of contraction was found to be less than the advance estimate. On the 29th (local time), the U.S.
(1) Loss of Effectiveness for Reciprocal Tariffs and Fentanyl Tariffs (2) What Logic Was Applied (3) Does It Take Effect Immediately (4) Is Negotiation Unnecessary (5) Possibility of Reversal (6) Impact on Other Tariffs The U.S. Court of Internationa
Bank of Korea 'Impact of US Tariff Policy on Export by Item' Report An analysis suggests that if the US government's tariff policy continues, the automobile industry will be the most affected among domestic industries. According to the 'Impact of US
Changyong Lee, Governor of the Bank of Korea, stated, "I hope to share mutual understanding with the incoming government regarding concerns that interest rate policies may stimulate real estate prices in specific regions." Governor Lee held a monetar
Reversing the Sin Stock Notion Household Spending Worst in 4 Years Alcohol and Tobacco Consumption Decreased for 2 Years Political Uncertainty Closed Household Wallets "Isn't it time to buy KT&G and HiteJinro?" These two stocks are known as 'sin stoc
The heads of Telegram and xAI are in a dispute over a partnership between the two companies. Pavel Durov, CEO of Telegram, announced a major business partnership with xAI, which was immediately refuted by Elon Musk, who leads xAI. On the 28th (local
Base rate cut by 0.25%p to 2.50% The Bank of Korea's Monetary Policy Committee lowered the base interest rate from the current 2.75% to 2.5% by 0.25 percentage points on the 29th. The growth forecast for this year was lowered to 0.8%, which is half o
Chair Powell has so far been reluctant to use the term 'stagflation' in public. However, according to the minutes released today, the Federal Reserve's monetary policy meeting held from the 6th to the 7th revealed many expectations of stagflation. It
On the 28th (local time), a US federal court blocked the implementation of reciprocal tariffs pushed by the Donald Trump administration. According to Reuters, the US federal court issued a ruling to block the implementation of President Donald Trump'