Korea Economic Daily

'Fluctuations' on News of Korea-US Exchange Rate Negotiations All Asian Currencies Including Yen and Yuan Strengthen Experts: "Volatility Likely to Remain High for Now" The won-dollar exchange rate plummeted to the 1300 won range on the 15th as specu

Dunamu announced on the 15th that it recorded sales of 516.2 billion KRW and an operating profit of 396.3 billion KRW in the first quarter of this year. This represents a decrease of 31.5% and 34.8% respectively from the previous quarter. Net profit

U.S. President Donald Trump stated that he might visit Istanbul, Türkiye, the venue for the Russia-Ukraine ceasefire negotiations, if there is progress. According to AFP and others on the 16th (local time), President Trump said in Qatar, the second c

It has been revealed that actress Hwang Jung-eum embezzled approximately 4.2 billion won from the funds of her agency to invest in cryptocurrency. On the 14th, at the Jeju District Court's 2nd Criminal Division (Presiding Judge Lim Jae-nam), Hwang Ju

Zelensky-Putin Summit Seems Unlikely Ceasefire negotiations between Russia and Ukraine will begin in Istanbul, Turkey, at 10 AM local time on the 15th (4 PM KST). According to Russia's TASS news agency, the negotiations are expected to proceed as a m

First Time at the Negotiation Table Since June 2022 On the 15th (local time), Russia and Ukraine will meet directly in Istanbul, Turkey, for the first time in three years. Although a face-to-face meeting between Russian President Vladimir Putin and U

Following reports that the US and South Korean negotiation teams conducted exchange rate consultations last week, the Korean won is showing a strengthening trend. Among market participants, there is a prevailing expectation that the Trump administrat

$200 billion (approximately 280 trillion won) contract signed U.S. President Donald Trump announced that Qatar Airways has signed a contract to order over 160 aircraft from American company Boeing. According to Reuters and AP on the 14th (local time)

Overnight, the New York Stock Exchange showed a breather due to a lack of new materials. On the 14th (local time) at the New York Stock Exchange, the Dow Jones Industrial Average closed at 42,051.06, down 89.37 points (0.21%) from the previous tradin

Meeting of Authorities from Both Countries in Milan US Side Seems to Demand Won Appreciation Increased Volatility in Night Trading Due to the impact of the Korea-US foreign exchange consultation, the won-dollar exchange rate fell sharply in night tra

Recovery of Investment Sentiment Due to US-China Tariff Truce and AI Deals in the Middle East On the 14th (local time), the New York Stock Exchange opened higher, led by major tech stocks like NVIDIA, buoyed by news of AI deals in the Middle East. As

"Retaliatory Tariffs on US Regarding Steel and Aluminum Tariffs" Stated Shift in Stance from Initial Concessions Due to Worsening Public Opinion After China, which has taken a tough stance on Trump's tariffs, managed to draw tariff negotiations with

"Using Huawei Ascend Chips Violates US Export Controls" Huawei's Latest Semiconductor 'Ascend' 80% Performance of NVIDIA H100 "As China's Semiconductor Presence Grows US Takes Measures to Prevent Global Spread" Trump Expands Supply to the Middle East

China began implementing a measure on the 14th to adjust the additional tariff rate on U.S. imports from 125% to 10%. At 12:01 PM (China time, 12:01 AM Eastern Time on the 14th), China suspended the application of 91 percentage points of the previous

Yomiuri Shimbun Report Toyota, Honda, Nissan, etc. Significant Profit Reduction Forecasts Follow There is a forecast that the annual operating profit of Japanese car manufacturers could decrease by more than 2 trillion yen (about 19.2 trillion won) d

Statistics Korea April Employment Trends Announcement Seulkee Lee, Hankyung.com Reporter seulkee@hankyung.com

First Overseas Visit to Saudi Arabia After Inauguration $600 Billion Investment and Export Agreement Signed Trade and Arms Deals Discussed in Talks Bin Salman Welcomes at Airport… Contrast with Biden On the first day of his Middle East tour on the 13

Tesla Rises for Two Consecutive Days, Nvidia Also Up Over 3% On the 13th (local time), the U.S. stock market started mixed amid a rise in tech stocks following a significant rebound the previous day. As of 10:05 AM Eastern Standard Time, the S&P 500

Lowest in 4 Years Since February 2021 Core Inflation Also Rises 0.2% from Previous Month Food Prices Fall for the First Time in a Year "Tariff Impact Not Yet Reflected" The US April Consumer Price Index (CPI) growth rate fell below market expectation

Companies Do Not Raise Prices Due to Pre-Tariff Shipments "Trump Tariffs Still at Highest Levels in Decades" Rate Cut Possibility Priced from July to September April US Consumer Price Index (CPI) rose 2.3% annually, the smallest increase since 2021,

"Holding Cash Might Be Best During Rapid Policy Changes" "Tariffs Are a Regressive Tax Hitting Low-Income Americans Harder" Larry Fink: "Volatility Will Be High Until a New Balance Is Certain" Despite the sharp rebound in the U.S. stock market follow

Chinese Officials Inform Airlines and Agencies of 'Ban Lift' Some of the 50 Aircraft Scheduled for Delivery to China This Year Returned to the US With the US-China tariff war reaching a truce, China has lifted its previous ban on Chinese airlines rec

US GDP Growth Forecast for This Year Raised by 0.5%p to 1% Lower Recession Probability Reduces Rate Cut Likelihood to "Once This Year" Goldman Sachs has lowered its US recession forecast from 45% to 35%, reflecting expectations that the temporary tar

'Hiring' Rate Drops to Lowest Level in 4 Years Tariffs Increase Anxiety Among Small Business Owners In April, when President Trump announced reciprocal tariffs on the world under the name 'Day of Liberation', the US small business confidence index fe

In Times of Chaos, Listen to the Gurus (7) Citigroup Chief Economist Nathan Sheets Trump's Tariffs on China Still High Pandemic-Level Supply Disruptions Expected Prepare for Labor Market Deterioration US Consumers Closing Wallets Second Half Growth R