Korea Economic Daily

NVIDIA GPU-Based Supercomputer Used to Enhance Qubit Performance QuEra Quantum Machines Join NVIDIA Quantum Computing Ecosystem This is Lee Hae-sung, a journalist covering advanced tech and science at Korea Economic Daily. I will be serializing an on

Choi Sang-mok, Closely Monitoring U.S. Announcement Checking Our Response Plans Choi Sang-mok, Acting President and Deputy Prime Minister and Minister of Strategy and Finance, stated that "with the U.S. announcement imminent, we must not relax our vi

The Constitutional Court has dismissed the National Assembly's impeachment motion against Prime Minister Han Duck-soo. As a result, Prime Minister Han will immediately return to duty and resume his role as acting president. On the 24th, the Constitut

Canadian Foreign Minister on BBC "Exerting the Greatest Influence on the US" Facing tariff threats from the second Trump administration, Canada's Foreign Minister stated that the winner of the trade war would be their country. Melanie Joly, Canada's

US-Russia Meeting Scheduled for 24th Special Envoy Witkoff Optimistic "Putin Wants Peace" The United States and Ukraine met a day before the expert-level meeting between the United States and Russia aimed at a ceasefire in the Ukraine war. According

### **Following Biden, the Trump Administration Also 'Vibe Session 2.0'** ### ### **Powell "Hard Data is Solid" Dismisses Recession Possibility** ### **Americans Search 'Recession' on Google Amid Tariff Fears** ### ### **UBS "'Won't Get Fired'

Li Qiang, Premier of the State Council of China, stated on the 23rd, "We will prepare for external impacts that exceed expectations and open more economic sectors to global investors." Premier Li emphasized this at the opening ceremony of the China D

"Mentioned as Unfair Countries: Korea, China, Japan, EU, etc." Bloomberg Reports Citing Officials A local report has emerged suggesting that the tariff measures that U.S. President Donald Trump will announce on the 2nd of next month will be 'more tar

Trump mentions "flexibility in reciprocal tariffs" The three major indices of the U.S. stock market rose simultaneously on 'Quadruple Witching Day'. It seems to be due to the inflow of bargain hunting. U.S. President Donald Trump's emphasis on 'flexi

The won-dollar exchange rate rose to around 1470 won. It is analyzed that the value of the won is falling as the global trade war intensifies and domestic political instability continues. On the 21st, the won-dollar exchange rate (as of 3:30 p.m.) in

In early April, with the mutual tariff increase imminent and the presidential impeachment ruling delayed, the won-dollar exchange rate is increasing due to domestic and international uncertainties surrounding Korea. On the 21st, the won-dollar exchan

The three major indices of the New York Stock Exchange fell simultaneously. This is because the possibility of stagflation (rising prices amid economic recession) has emerged. On the 20th (local time), the Dow Jones Industrial Average at the New York

◆ New York Stock Exchange, Concerns of Stagflation…Ends with Decline The three major indices of the New York Stock Exchange fell together. On the 20th local time, the Dow Jones Industrial Average closed at 41,953.32, down 0.03% from the previous sess

EU Leaves Room for Negotiation Decision After Confirming US Response Possibility of Simultaneous Implementation in Mid-April The European Union (EU) announced on the 20th (local time) that it will delay the implementation of the first phase of retali

The Federal Reserve (Fed) on the 19th (local time) lowered its forecast for this year's US economic growth rate from 2.1% to 1.7%. It raised the forecast for the personal consumption expenditures (PCE) price index, an inflation indicator, from 2.5% t

Bank of Japan Holds Rates Amid Inflation Pressure Bank of Korea "External Uncertainty Persists" The People's Bank of China kept the loan prime rate (LPR), which serves as the benchmark interest rate, unchanged for the fifth consecutive month on the 2

Announced Establishment of Research Center at GTC Big Tech Like Google Achieving Results Reversed "20 Years for Commercialization" Statement and Joined Mentioned "Expecting Samsung HBM Participation" NVIDIA has joined the quantum computer development

Constitutional Court Sets Ruling Date 87 Days After Han's Suspension To Minimize National Confusion Seems to Confirm Han's Status Before Yoon's Ruling Ruling on Han's 'Martial Law Collusion' Charges Could Be a Precedent for Yoon's Case Lee Jae-myung'

Portfolio Adjustments by Investors Korean Investors Sell $20 Billion in a Month Switch to Chinese Tech Stocks like BYD and Xiaomi Hang Seng Tech Index Up 30% This Year Safe Asset Gold Purchases Surge "Diversify into European and US Bonds" Some Say "M

$2,678 per ton … 20%↑ in a year Impact of Bauxite Production Decline Beverage Industry: "Cost Burden Increased" The price of aluminum, used in making cans for carbonated drinks and beer, is on the rise. It has increased by more than 5% this year alon

Recent US Inflation Expected to 'Persist Short-Term and Then Decline' Benchmark Rate Held at 4.25~4.5%, Year-End Forecast Also Maintained at 3.9% Stagflation Concerns Detected Within the Fed Jerome Powell, Chairman of the US Federal Reserve (Fed), in

GDP Growth Rate Forecast Lowered from 2.1% to 1.7% Inflation Rate Expectation Raised from 2.5% to 2.7% Base Interest Rate Held at 4.25~4.5% The Federal Reserve (Fed) of the United States lowered the economic growth rate forecast for the US while rais

The KRW-USD exchange rate opened higher as markets digest the results of the Federal Open Market Committee (FOMC) meeting. As of 9:40 AM today in the Seoul foreign exchange market, the KRW-USD exchange rate is trading at 1,457.7 won, up 4.3 won from

U.S. President Donald Trump made it clear that he has no intention of easing the 'tariff war' by declaring that April 2 (local time), the date he has announced for 'reciprocal tariffs,' will be "America's liberation day." In a pre-recorded Fox News i

Israel has resumed large-scale airstrikes on the Gaza Strip. The death toll is snowballing, reaching at least 470 casualties. According to AFP and other foreign media outlets on the 19th (local time), Gaza's Civil Defense Department reported that at

Is NVIDIA Transferring Supercomputer Hegemony to Quantum Computers? NVIDIA announced on the 20th that it will establish the 'NVIDIA Accelerated Quantum Research Center (NVAQC)' in Boston, USA, with the goal of providing technology for the advancement

S&P 500 Index Rises 1.1% International Gold Price Sets New Record High The New York stock market rebounded. This comes as the Federal Reserve (Fed) confirmed on the 19th (local time) its existing monetary policy trajectory of 'two rate cuts within th

New York Stock Market Focuses on "Inflation is Temporary" Remarks Stocks Rebound Across the Board..."Best FOMC Day" Some Argue That the Fed's Decision to Hold Rates Despite Inflation Possibility Puts Weight on Economic Slowdown Possibility Due to Tar