Korea Economic Daily

International credit rating agency Moody's has warned that President Donald Trump's high tariff policy could undermine the fiscal soundness and interest rate response capability of the United States. According to the Financial Times (FT) on the 26th,

Constitutional Court Did Not Notify Verdict Date Yesterday 27th is Scheduled for Regular Verdicts, Tight Schedule Pressure from Opposition Likely to Intensify with Lee's Acquittal The impeachment trial of President Yoon Suk-yeol, which has been consi

Trade Authorities Prepare Countermeasures "US to Impose Emergency Tariffs as Announced on the 2nd of Next Month Korean Cars Likely Not Exempt" There is a growing expectation that the US government will take a two-phase approach regarding the reciproc

EU Reduces Duty-Free Quotas on Steel Imports India Imposes Temporary Tariffs on Chinese and Vietnamese Steel Japan Imposes High Anti-Dumping Tariffs on Chinese Graphite Electrodes "G20's Import Restriction Measures, Largest Since 1946" The tariff war

Shin Hyun-bo, Hankyung.com Reporter greaterfool@hankyung.com

Increasing Possibility of 'Mar-a-Lago Agreement' 'Detonator' Shaking the Global Financial Market One of the hot topics on Wall Street recently is the 'Miran Report.' It refers to the 'Global Trade System Reconfiguration User Guide' released by Steven

Global investment banks have shown contrasting views on the outlook for the US stock market. European institutions such as Switzerland's UBS and the UK's HSBC warned of further declines in US stocks, while US-based JP Morgan and Morgan Stanley sugges

The major indices of the New York stock market rose slightly. It seems that expectations for 'tariff policy flexibility' had a positive impact on investor sentiment. However, concerns about an economic slowdown remain, as evidenced by the sharp decli

Issuing Stablecoin in a Growing Market Raised $500 Million with Trump Meme Coin Right After Election Donald Trump and his son's company, World Liberty Financial, is expanding its coin business despite ethical conflict of interest criticisms from issu

Consumer Confidence Hits 4-Year Low Amid Trade War Tesla, Nvidia Also Decline The US stock market, which started with attempts to rise for two consecutive days, once again narrowed its gains on the 25th (local time) as uncertainties related to tariff

Consumer Sentiment Rapidly Deteriorates Due to Tariff War and Federal Government Layoffs Consumer Expectations for the Future at Lowest in 12 Years The U.S. March consumer confidence index has fallen to its lowest level in four years. Additionally, c

Immediate Tariff Imposition with Smoot-Hawley Act Investigation of Unfair Practices with Trade Act 301 Review of Obsolete Trade Act 122 Reports emerged on the 25th that U.S. President Donald Trump is considering a two-phase reciprocal tariff impositi

Global 'Digital Money War' Emerging Countries in South America and Africa Surpass National Currencies Prepare Policies for Korean Won Stablecoins Timing is Crucial for Altcoin Sales "The digital money war is likely to expand around stablecoins. It's

Activation of the Cryptocurrency Ecosystem The government has decided to introduce a comprehensive Phase 2 bill (Industry Act) covering the disclosure, listing, business types, and stablecoin regulatory framework for virtual assets in the second half

"This Year, Global Institutional Investors... Will Increase Bitcoin Asset Inclusion" Virtual Asset Investment Insight Forum BlackRock "US Bank Transaction Expansion" Time to Consider Won Stablecoin There is a forecast that global institutional invest

Exchange rate becomes unstable again ... Rising for 6 consecutive trading days, foreign exchange authorities intervene to defend 1460 won level Increased demand for dollars due to institutional and individual overseas investments Heightened anxiety d

'Hawkish' Bostic "Inflation Still Unstable" Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, known as a 'hawk' (preference for monetary tightening), predicted that this year's rate cut would be limited to just one instance, not t

Tried to Strengthen Yen by Raising Interest Rates Hovering Around 150 Yen for a Year "Can't Escape Weak Yen Without Productivity Improvement" "The market has already factored in expectations of a benchmark interest rate hike. If the Bank of Japan doe

The won-dollar exchange rate rose to the 1,470 won level in 50 days (the value of the won fell). Analysts suggest that volatility has increased due to ongoing domestic political uncertainties, such as the delay in the impeachment ruling of President

Many Major U.S. Securities Firms "Another Sharp Decline Unlikely" Major U.S. indices, which had been falling sharply, rebounded on the 24th (local time), raising expectations on Wall Street that the selling pressure has subsided. According to Bloombe

Major indices on the New York Stock Exchange closed higher as concerns about reciprocal tariffs imposed by U.S. President Donald Trump on the world eased. On the 24th (local time) on the New York Stock Exchange, the Dow Jones Industrial Average rose

US stocks started higher on the 24th (local time) following reports that President Trump's reciprocal tariff plan, to be announced on April 2, will be narrowed to some countries considered the 'Dirty 15.' As of 10:15 AM Eastern Standard Time, the S&P

"Dollar Weakness → Improved Corporate Earnings → Global Capital Returning to U.S." "Oversold Indicators, Performance Improvements Could Lead S&P 500 to Rebound to 5,500 Points" Morgan Stanley argued that a weaker dollar could improve the earnings out

WSJ "Targeted Tariffs on Surplus Countries with the US" The Wall Street Journal (WSJ) reported on the 23rd (local time), citing administration officials, that when the United States announces reciprocal tariffs on the 2nd of next month, tariffs on it

Real Transaction Test Starting Next Month The Bank of Korea and financial authorities will begin the 'digital currency experiment' for the first time next month. Bank deposits can be converted into 'deposit tokens' and used at convenience stores, caf

Yoon's ruling still unclear Judges' opinions divided, unanimous decision unlikely Despite 'rebellion' mentioned 16 times in the decision No direct judgment or explanation from the Constitutional Court Whether the martial law cabinet meeting was legal

US Economy Stalls Amid Growing Uncertainty…Global Funds Also Withdraw Dollar and Stock Market Both Sluggish Dollar Index from 109 in January to 104 This Month S&P500 Down 3.6% Compared to Early Year Unusual Dollar Sell-off + Stock Market Adjustment '

The won-dollar exchange rate rose to its highest level in about 70 days since mid-January (the value of the won fell). After the dismissal of Prime Minister Han Duck-soo's impeachment was decided, the rate increased from around 10 a.m. The linkage of

No. 1 Employee, Krafton Kim Chang-han No. 1 Average Salary, Shift Up Jang Hyun-guk, CEO of Nexxus (formerly Action Square), was named the executive in the gaming industry who received the highest compensation, including salary and bonuses, last year.