Korea Economic Daily

Capital Market Research Institute Forecast There is a forecast that Korea's Gross Domestic Product (GDP) growth rate will drop by 1 percentage point due to the imposition of US tariffs and the resulting expansion of trade uncertainty. Researcher Jang

Powell, in Commencement Speech at Alma Mater Targets Trump's 'University Pressure' "Must Protect and Strengthen Democracy" In November 2017, then-U.S. President Donald Trump looks at Jerome Powell, the nominee for the U.S. Federal Reserve (Fed) Chair

Cryptocurrency Investor Imprisons Foreign Victim Tortured While Demanding Bitcoin Wallet Password A 30-something cryptocurrency investor in the United States was arrested after imprisoning and torturing a foreign man for over two weeks. He reportedly

Kim Dae-young, Hankyung.com Reporter kdy@hankyung.com

Digital Asset Basic Act Proposed to Protect 18 Million Investors Need for Transparent Management from Issuance to Listing and Distribution The 'Law Street' column of Hankyung Law & Biz provides practical legal knowledge to companies and individuals.

DEEP INSIGHT Trump's 'Stable Coin' Threatens South Korean Monetary Sovereignty Helpless Against 'Dollar Coin' Assault Interest and debate surrounding stable coins are intense. In the first quarter of this year, the trading volume of stable coins on d

Cover Story KRW-USD Exchange Rate Outlook Fluctuates 30 KRW in a Day Due to Tariff Issues Exchange Rate Falls Below 1400 KRW Amid US-China Truce Volatility Expected to Increase Depending on Trade Negotiation Progress "Even if it Rises, 1430 KRW Expec

The KRW/JPY exchange rate, which exceeded 1,000 KRW per 100 JPY until a month ago, has dropped to the 950 KRW range this month. Analysts suggest that the Korean won has strengthened relatively due to the expectation that Japan, facing increased uncer

This Week's New York Stock Market Focuses on US-EU Tariff Negotiations April PCE Announcement Ahead The biggest events on the New York Stock Exchange this week (26th-30th, local time) include U.S. President Donald Trump's trade policy, inflation indi

President Donald Trump resumed tariff pressure on the European Union and Apple, causing significant market fluctuations. Despite the risk of increased fiscal deficit due to the tax cut bill passed by the U.S. House the previous day, U.S. long-term Tr

Details of Trump's Tax Cut Plan Passed by the House Battery Tax Credit Ends '2031' Concerns of Early Termination in 2028 Alleviated Electric Vehicle Purchase Subsidy Ends Next Year Nuclear Power, Tax Credit Only Until Construction Starts Within 3 Yea

Miron, Who Proposed the 'Mar-a-Lago Accord' "No Secret Talks for Weak Dollar" "Miron Report Overinterpreted... Monetary Policy Authority Lies with Treasury Secretary" Steven Miron, a member of the U.S. White House Council of Economic Advisers (CEA),

The government announced that it will accelerate the resolution and restructuring of some real estate project financing (PF) sites where the resolution of insolvency is still insufficient. Given the ongoing uncertainty due to the tariff policies of t

The finance ministers of the Group of Seven (G7) reaffirmed their intention to support Ukraine against Russia. However, they were cautious in criticizing U.S. President Donald Trump's tariff policies and agreed to continue monitoring non-market polic

Dunamu's investment subsidiary, Dunamu & Partners, announced that it has invested 9.2 billion won in the Series C round of Botrista, a beverage automation robot startup headquartered in the United States. This round included participation from severa

Donald Trump, the President of the United States, and Shigeru Ishiba, the Prime Minister of Japan, reportedly held a phone call for about 45 minutes on the 23rd, according to Kyodo News and Jiji Press. Jiji Press reported that the two leaders might h

Major indices on the New York Stock Exchange closed mixed. Although the Republican tax cut bill passed the House, reducing some uncertainty, U.S. Treasury yields fell, failing to completely alleviate market anxiety. On the 22nd (local time) at the Ne

Lowest in 6 Months Due to Exchange Rate Negotiation News Falls for Three Days, Settles in 1380 Won Range "Downward Trend Likely to Continue for Now" Amid growing concerns over excessive U.S. government debt and speculation that the U.S. will demand a

Expected Increase in US Treasury Issuance Due to Rising Deficit Trump's Tax Cuts Accelerate Deficit Expansion "Market Shows Little Demand for Long-term US Treasuries" "Recession Likelihood Increases if Interest Rates Rise" Wall Street began to stir a

Self-employed Support for Lee Drops by 6.9 Percentage Points in a Week Cho Seung-rae, the chief spokesperson for the Democratic Party's election committee, stated on the 22nd, "Whether it's hotel economics or chicken economics, the core issue is the

Major semiconductor-producing countries and companies around the world have urged the US government to refrain from implementing semiconductor tariffs, arguing that it could increase industry-wide costs and cause supply chain instability. According t

The three major indices of the New York Stock Exchange plummeted. It is interpreted that concerns are growing due to the re-ignition of the persistent 'Sell America' phenomenon, amid confirmed weak demand in the U.S. 20-year Treasury auction. On the

Impact of Energy Price Cap and Tax Increases, and Increased Leisure Activities BOE Lowers Rates in Early May Following Inflation Slowdown in February and March The UK's April inflation rate, which had shown a trend of slowing this year, rose signific

20-Year Bond Yield Hits 25-Year High Tax Cut Competition Ahead of Elections "National Debt Will Increase" Market Cools Rapidly Warning Signs of National Debt in Japan Following the US The yield on Japanese government bonds, known as a symbol of safe

Government "Discussing Directionality No Specific Exchange Rate Level Suggested" It has been identified that the US has demanded measures for the appreciation of the Korean won in the Korea-US currency negotiations. However, it is reported that no sp