Korea Economic Daily

Financial Services Commission - Meeting to Check Financial Situation with 5 Major Financial Holding Companies Chairman Kim Urges Financial Companies to Play a More Active Role in Supporting Real Sector Funds Such as Corporations Formation of a Public

Trump: "Tariffs Bring Billions to the U.S.…A Beautiful Sight" Enjoys Golf in Florida Amid Stock Market Plunge U.S. Commerce: "No Delay in Reciprocal Tariffs" U.S. Treasury: "Economy is Moving Forward" Despite the collapse of global stock markets due

Australia 10% Reciprocal Tariff Impact of China's Retaliatory Tariff Amid concerns over the escalation of a global trade war due to U.S. President Donald Trump's 'reciprocal tariff bomb', the Australian stock market also wobbled. On the 7th (local ti

Hong Kong Hang Seng -9.2% [Breaking News] Shanghai Composite Index -4.3%, Shenzhen Index -5.9% 'plunge'... Hong Kong Hang Seng -9.2% Credit: Yonghyun Shin, Hankyung.com Reporter yonghyun@hankyung.com

It has been confirmed that the presidential election, held due to the impeachment of former President Yoon Suk-yeol, has been decided for June 3. According to Yonhap News on the 7th, a government official stated, "We plan to present this agenda at th

The won-yen exchange rate has exceeded 1,000 won per 100 yen for the first time in two years. As of 9:30 a.m. on the 7th, the won-yen exchange rate recorded 1,005.09 won per 100 yen. Reporter Jeongdong No, Hankyung.com dong2@hankyung.com

The tariff fears stemming from Trump are driving the Asian stock markets into panic. On the 7th, the Nikkei 225 average at the Tokyo Stock Exchange started with a sharp drop of 7.76%. It even expanded the decline to 8% early in the session. On this d

On the 7th, a sell-sidecar was triggered due to a sharp drop in the KOSPI index, temporarily halting program sell orders. According to the Korea Exchange, at 9:12:11 AM on this day, the effectiveness of program sell orders was suspended for 5 minutes

Woori Bank Report Woori Bank predicted on the 7th that the won-dollar exchange rate would fluctuate around the 1460 won level. Concerns over the tariff war are growing, leading to foreign capital outflow from the domestic stock market, which is expec

'Trump Party' Republican Micro Cracks As U.S. President Donald Trump announced reciprocal tariffs, the stock market plummeted and inflation concerns heightened, voices of concern are emerging even within the Republican Party, which has supported Trum

Trump Tariffs and China's Retaliation Trade War Escalation Leads to New York Stock Exchange Crash U.S. 10-Year Treasury Yield Falls Below 4% Investors Facing Margin Calls Sell Gold, Leading to Price Drop The trade war initiated by Trump is converging

Trump Says "Hold On" Shows No Sign of Backing Down Trump Announces Basic and Reciprocal Tariffs on the 2nd $6.6 Trillion Market Cap Evaporates from NYSE on the 3rd-4th Trump: "We Will Win. Hold On" As the New York Stock Exchange plummeted due to the

Financial Times Reports Citing Anonymous U.S. Officials The British daily Financial Times (FT) reported on the 5th (local time), citing anonymous U.S. officials, that U.S. President Donald Trump is not prioritizing tariff negotiations with foreign go

The New York stock market is expected to be volatile this week (7th-11th) due to U.S. President Donald Trump's tariff policy. On the 2nd, President Trump announced a 10% basic tariff on all imports and reciprocal tariffs on major trading partners. As

Over 1,200 Protests and Marches Nationwide A large-scale protest against the unilateral governance of U.S. President Donald Trump took place across the United States on the 5th (local time). This protest was organized mainly by progressive groups, in

Besant, US Treasury, Not Considered Key in Tariff Policy Formation After the announcement of the Trump administration's extensive reciprocal tariff plans, it was reported by Bloomberg on the 5th (local time), citing sources familiar with the matter,

The Chinese stock market is faltering under the 'tariff bomb' from the United States. As U.S. President Donald Trump imposes a relatively high reciprocal tariff of 34% on China compared to other countries, investor sentiment is rapidly freezing. Chin

Concerns are spreading about the impact of the trade war between the United States and China on the global economy as they announce high tariffs against each other. According to related industries on the 5th, President Trump announced on the 2nd (loc

The New York Stock Exchange had its worst day since 2020. This comes as the Donald Trump administration imposed reciprocal tariffs and the Chinese government retaliated. On the 4th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Ind

Retreat of Free Trade and Inflation Concerns... Fitch Downgrades China's Credit Rating Global Stock Markets in Decline... Dollar Value at Six-Month Low In response to U.S. President Donald Trump's imposition of reciprocal tariffs, China has retaliate

Trump Tariff-Driven Perfect Storm... Stagflation Looms Economic Growth Forecasts Lowered Across the Board "Inflation and Unemployment Rates to Rise Until Next Year Could See Negative Growth for Two Consecutive Quarters This Year" Concerns Over Sharp

After U.S. President Donald Trump announced an additional 34% reciprocal tariff on China, Chinese authorities also announced a 34% 'retaliatory tariff' on all U.S. imports. According to China Central Television (CCTV) on the 4th, the State Council of

Following the Constitutional Court's decision to dismiss former President Yoon Seok-yeol on the 4th, there is speculation that June 3rd is likely to be the date for the early presidential election. At 11:22 a.m. on the same day, the Constitutional Co

[Breaking News] Exchange rate falls further to 1430 won ahead of Yoon's impeachment ruling Reporter Song Jong-hyun scream@hankyung.com

S&P500 down 4.8%, Nasdaq down 6%..Apple plummets 9%, Best Buy 17% Brent crude and West Texas Intermediate prices also down about 7% The market is showing significant concern over the Trump administration's tariff policies, which are more aggressive a

U.S. President Donald Trump said about Tesla CEO Elon Musk, "He can stay in the administration as long as he wants." President Trump told reporters on Air Force One on the 3rd (local time), "Elon is fantastic," and made this statement. Musk's term as