Korea Economic Daily

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

"Investors Betting on Rising Treasury Yields" The international credit rating agency Moody's has downgraded the United States' sovereign credit rating from the highest rating of 'Aaa' to 'Aa1', causing instability in US Treasury yields. Notably, the

Democratic Party Holds Stablecoin Forum The Democratic Party has proposed a plan to issue a won-based stablecoin to expand digital currency sovereignty. The strategy is to establish the 'Korean Stablecoin' as a payment method in the content industry,

NVIDIA Global Media Conference Emphasizing "China is an Important Market" Jensen Huang, CEO of NVIDIA, stated on the 21st, "(The US) export controls have failed. The facts speak for themselves." CEO Huang made this statement at the 'Global Media Q&A'

Passenger Cars and Petroleum Products Exports Decrease by 6.3%, 24.1% Respectively Semiconductors Increase by 17.3% Exports until mid-May decreased compared to a year ago due to a decline in US and automobile exports. According to the Korea Customs S

Kim Min-seung's ₿ficial Finance is Moving Finance is moving. Just as coins and bills moved from paper passbooks to internet banking and mobile banking, the assets of the general public are moving to blockchain distributed ledgers. Recent news about s

The three major indices of the New York Stock Exchange fell together. It is the first time in 14 days that all three indices have fallen together. In the absence of material to give a rebound to the market, there was a mood of taking a breather as fa

The US Central Bank (Fed) is expected to cut rates two to three times this year, but the timing of the cuts keeps being pushed back. There is also talk of a reduction in the scale of the cuts. On the 19th (local time), John Williams, President of the

"Have Donated Enough Politically, Currently See No Reason to Contribute" "Tesla Has Recovered to Some Extent, Except in the European Market" Elon Musk, CEO of Tesla, has promised to lead Tesla for the next five years. He also announced that he would

Treasury Yields Rise Slightly After Stabilizing the Previous Day Wall Street Strategist: "Current Market is a Bull Rally, Not a Bear Market Rally" After starting with a decline and rebounding to rise for six consecutive trading days, the US stock mar

Demand for Bonds Weakens Due to Fiscal Spending Demands Before House of Councillors Election "Upward Pressure Expected to Continue for the Time Being" On the 19th (local time), U.S. long-term bonds plunged but recovered, and on the 20th (local time),

Minister Akazawa Reaffirms "Position to Eliminate Tariffs" Nikkei Reports "May Demand Reduction Instead of Elimination of Auto Tariff" Japan emphasized that there is no point in bilateral trade negotiations with the United States unless the US elimin

Strengthening Cooperation Against Cyber Threats from North Korea Korea and the European Union (EU) have agreed to cooperate in response to cyber threats from North Korea. They discussed ways to establish a safe and open cyberspace order through vario

Dimon's Warning "Market Underestimates Tariffs and Geopolitical Risks" US Tariff Rates Still at Extreme Levels Corporate Funding Environment Likely to Deteriorate Jamie Dimon, CEO of JPMorgan, known as the 'Emperor of Wall Street', warned that the ma

Financial Intelligence Unit Survey Market Cap at 107 Trillion Won at Year-End Daily Average Trading Volume is 14 Trillion Won It has been revealed that the number of virtual asset investors in Korea is approaching 10 million. The daily trading volume

In China, where employment instability continues due to economic slowdown, the youth unemployment rate for those under 25 fell to 15.8% last month, marking a decline for two consecutive months. According to the National Bureau of Statistics of China

FSS Executive Meeting Lee Bok-hyun, the Governor of the Financial Supervisory Service, stated on the 20th regarding the US credit rating downgrade, "The market impact is more limited compared to the past, but we must not let our guard down," and inst

The stock market will be closed on June 3rd, the day of the presidential election. The Korea Exchange announced on the 19th that the stock market (stocks, bonds, exchange-traded funds), as well as the derivatives market (including the EUREX-linked gl

On the 19th (local time), the first trading day after the announcement of the US national credit rating downgrade, the New York Stock Exchange closed slightly up. On this day, the Dow Jones Industrial Average closed at 42,792.07, up 137.33 points (0.

Williams: "US Economy is Fluid and Policy Uncertainty is Very High" Bostic: "Possibility of One Rate Cut Due to Tariff Uncertainty" New York Federal Reserve Bank President John Williams and Atlanta Federal Reserve Bank President Raphael Bostic stated

Simplification of Food and Beverage Export/Import Procedures and Guarantee of Fishing Rights Extension of EU Trawler Fishing Rights and Simplification of Immigration Procedures The United Kingdom and the European Union (EU) held their first summit on

Following India, South Korea and Japan "Won't Rush" South American countries like Brazil hasten agreements with China "If dependence on US trade isn't low, a tough strategy could be risky" As China, which has been responding strongly to Trump's tarif

Up by 12bp, 10-Year Treasury Yield Also Rises by 10bp to 4.546% Asian and European Markets Decline, US Stock Index Futures Drop Over 1% After Moody's downgraded the US government's credit rating from Aaa to Aa1 over the weekend, long-term US Treasury

Countries Mimic 'China's Standoff' with Threats Foreign Media: "Reluctant to Lower US Car Tariffs Stalemate in Negotiations with Korea, Japan, EU" Scott Besent, the US Treasury Secretary, warned on the 18th (local time) that countries not engaging in

The Korea Deposit Insurance Corporation (KDIC) is accelerating the recovery of public funds injected into the resolution of past insolvent financial institutions. Virtual assets held by those related to insolvency are also included in the recovery ta

The KOSPI fell below the 2600 mark during the session. It appears that investor sentiment has weakened due to the news of the US credit rating downgrade. At 10:18 AM on the 19th, the KOSPI was down 27.33 points (1.04%) from the previous day, standing

Dunamu, which operates the virtual asset exchange Upbit, announced on the 19th that it will launch 'Upbit Pizza' in collaboration with Chef Yoon Nam-no. The 'Upbit Pizza', created by Upbit and Chef Yoon Nam-no, uses 100% domestically produced beets a

Falls to 3rd Place in Holding Rank for the First Time in 6 Years China has fallen to 3rd place in the US Treasury holdings ranking, overtaken by the UK. It has been 6 years since it ceded the top spot to Japan in 2019, and now it has also given up th