Korea Economic Daily

Lee Bok-hyun, the head of the Financial Supervisory Service, has expressed his intention to resign in relation to the exercise of the right to request reconsideration (veto) of the Commercial Act amendment. On the 2nd, Lee appeared on 'CBS Kim Hyun-j

The value of cryptocurrency held by Hongsoo Kim, a councilor of Gangneung City, has increased more than 1000 times compared to when it was purchased 7 years ago, reaching 12.9 billion won. According to the '2025 Regular Property Change Report' releas

In the New York stock market, major indices closed mixed as volatility increased ahead of U.S. President Donald Trump's reciprocal tariff announcement. This was due to the intersection of anxiety related to tariffs and expectations that the economic

With two days left until the verdict of President Yoon Suk-yeol's impeachment trial, the justices are expected to hold a meeting and focus on drafting the decision. According to the legal community on the 2nd, the justices reached a consensus in the

President Donald Trump of the United States will announce reciprocal tariffs on the afternoon of the 2nd (local time, 5 AM KST on the 3rd) and will implement them immediately. The tariff war initiated by Trump, which had previously targeted certain c

Manufacturing PMI Falls from 50.3 in February to 49.0 in March Input Prices Rise to Highest Level in Three Years Amid growing concerns over tariffs, the US Manufacturing Purchasing Managers' Index (PMI) recorded 49.0 in March, falling to a contractio

Safe-haven Assets Rise as Treasury Bonds and Gold Prices Hit Record Highs Tesla Rebounds While Tech Stocks Like Nvidia Continue to Decline On the first day of the second quarter, one day before President Trump's reciprocal tariff announcement, the Ne

Washington Post Report Higher than Goldman Sachs' predicted average tariff rate of 15% "One of the options under review with no final decision made" The Washington Post (WP) reported on the 1st (local time) that White House aides proposed imposing a

EU May Retaliate with Tariffs in Response to Trump's Reciprocal Tariffs, Raising Inflation Concerns Eurozone's March consumer prices slowed as expected to an annual rate of 2.2%. This gives the European Central Bank (ECB) room to cut rates amid risin

Weak Dollar Transition Yet Won Remains Weak The average won-dollar exchange rate in the first quarter of this year rose to its highest level since the financial crisis (the value of the won has fallen). Factors such as domestic political uncertainty

Formalized Through USTR Report Criticizing Defense Trade Practices Likely to Use for Comprehensive Tariff Pressure Acting President Han Duck-soo said at the Economic Security Strategy TF meeting held at the Prime Minister's Residence in Samcheong-don

Offset Trade, Accounts for One-Third of US Defense Exports... Korea Sees Little Benefit National Sovereignty Issues Such as Nuclear Ownership, Personal Information Protection, and Core Technology Protection Also Treated as 'Trade Barriers' Cloud Cert

The Donald Trump administration in the United States is expected to impose a 25% tariff on all countries, and if countries retaliate with counter-tariffs, the global economy is projected to suffer a blow of 1.4 trillion dollars (approximately 2,000 t

The KRW-USD exchange rate fell (KRW value rose) due to expectations of resolving domestic political uncertainty following the confirmation of the impeachment verdict date. However, it showed extreme volatility, fluctuating by nearly 10 KRW during the

OpenAI has secured an investment worth $40 billion (approximately 59 trillion won), the largest in history. This funding has nearly doubled the company's valuation in just five months. On the 31st (local time), OpenAI announced that it had secured a

Each Support Group Interprets the Verdict Date Favorably The Constitutional Court announced that "the verdict on President Yoon Suk-yeol's impeachment case is scheduled for April 4th at 11 AM in the Grand Courtroom," leading to various interpretation

The family of Donald Trump, the President of the United States, has entered the Bitcoin mining business. According to the Wall Street Journal (WSJ) on the 31st (local time), American Data Center (ADC) plans to secure a 20% stake by merging with the m

Bithumb Nanum, the social contribution project of the domestic virtual asset (cryptocurrency) exchange Bithumb, announced on the 1st that it donated relief supplies worth 200 million won to support wildfire recovery efforts and that its employees per

Individuals and Institutions 'Buy', Foreigners 'Sell' Politician Theme Stocks like Lee Jae-myung and Han Dong-hoon 'Surge' On the 1st, the KOSPI index is increasing its intraday volatility due to the imminent announcement of reciprocal tariffs by U.S

The Constitutional Court's ruling on the impeachment trial of President Yoon Suk-yeol will be delivered on the 4th. The Constitutional Court announced on the 1st that "the ruling on the impeachment case of President Yoon Suk-yeol is scheduled to be d

Tech Stocks Weaken Together The New York stock market closed mixed as caution was triggered two days ahead of U.S. President Donald Trump's reciprocal tariff announcement. On the 31st (local time) at the New York Stock Exchange, the Dow Jones Industr

◆ Dow & S&P Rise, Nasdaq Falls Amid Tariff Concerns Ahead of the reciprocal tariffs imposed by the Donald Trump administration scheduled for the 2nd, major indices in the New York stock market showed mixed trends. On March 31 local time, the Dow Jone

Tesla Plummets Ahead of Wednesday's Q1 Vehicle Delivery Announcement NVIDIA and Automakers with High Import Dependency Also Weak Amidst prevailing concerns over reciprocal tariffs and auto tariffs, the U.S. stock market started on a downward trend on

Asian Markets with High Trade Dependency, Such as South Korea, Japan, and Hong Kong, Plummet Safe Assets Like Gold and US Treasuries Rise Ahead of Trump's 'reciprocal tariff' war, global stock markets plummeted on the 31st (local time), and investors

US to Announce Country-Specific Tariffs on the 2nd... Rates Uncertain WSJ: "White House Wants Simple Policy" Universal Tariff Discussed Within Administration Trump: "No Retraction of Auto Tariffs" Hints at Third Term Possibility: "Not a Joke" US Pres

The won-dollar exchange rate has soared to its highest level since the 2009 global financial crisis. This is due to renewed concerns about the fundamentals of the Korean won following the resumption of short selling. On the 31st, the won-dollar excha

It has been confirmed that the foreign exchange authorities net sold about $3.8 billion in the foreign exchange market in the fourth quarter of last year. This intervention was made as exchange rates fluctuated sharply following the declaration of ma

The won-dollar exchange rate has risen to its highest level since the martial law, indicating a decline in the value of the won. The risk-averse sentiment spreading ahead of the U.S. Trump administration's imposition of reciprocal tariffs, coupled wi