Korea Economic Daily

As Retaliation for Ontario's Electricity Price Increase to the US President Donald Trump announced on the 11th (local time) that he will raise tariffs on Canadian steel and aluminum to 50% as retaliation for Ontario's 25% increase in electricity pric

Delta and American Airlines Lower This Year's Demand Outlook Amid a lack of significant buying interest following the previous day's sharp decline, the US stock market continued its downward trend on the 11th (local time), though it opened mixed as s

Uncertainty Index at 104, Second Highest Ever Price Increases Due to Tariff Impact, Future Planning Difficult Due to Uncertainty The US small business confidence index fell for the third consecutive month in February as concerns over President Trump'

Tariff war escalating Europe considering tariffs on 260 pharmaceutical products New Canadian PM "prepared for additional responses" The tariff war is showing signs of escalation. The European Union (EU) appears to be moving toward retaliatory tariffs

Goldman Drastically Lowers US Growth Forecast from 2.4% to 1.7% BCA Research: "S&P500 Could Go to 4200 by Year-End" Major banks have been raising the probability of a recession even before the stock market crash on the 10th (local time) as Donald Tru

Board of Audit and Inspection requests dismissal of the civil servant Sentenced to 5 years in first trial... second trial in progress A civil servant from Cheongju City, North Chungcheong Province, was found to have embezzled over 490 million won in

Trump: "We shouldn't worry too much about the stock market for a strong nation" New York stock market plunges on the 10th (local time)...Nasdaq down 4% Global stock markets were shocked as it was revealed that U.S. President Donald Trump's tariff pol

JP Morgan raises recession probability from 30 to 40% Morgan Stanley also forecasts recession probability from 25 to 30% 'Are we (the United States) heading into a recession?' As Donald Trump's trade war raises the possibility of a recession, Wall St

 Recent US stock market declines have reduced the personal assets of the world's wealthiest individuals who attended President Donald Trump's inauguration by $209 billion (approximately 304 trillion won) since the ceremony. According to Bloomb

### **US Government Debt Reached 52.6 Quadrillion KRW at the End of Last Month** ### **US Treasury Bonds Maturing This Year Amount to 12 Quadrillion KRW** ### **"Treasury Interest Rates Must Fall to Reduce Interest Costs"**  Analysts suggest t

NH Investment & Securities Analysis Overnight, all three major New York stock indices plunged as economic pessimism expanded due to uncertainty in Trump's tariff policies. Meanwhile, securities firms advised that as US companies' earnings remain soli

Dunamu, the operator of digital asset exchange Upbit, announced on the 11th that it will conduct the 'Future Generation Cheer UP!' campaign to support children and youth from vulnerable households. This campaign is a digital asset donation initiative

Domestic cryptocurrency exchange Coinone announced on the 11th that it will completely eliminate trading fees for 60 cryptocurrencies currently supported on the platform. Coinone prepared this policy to celebrate its 11th anniversary, aiming to reduc

As stock prices plummeted and cyber attacks continued, Tesla CEO Elon Musk showed irritation toward a campaign targeting him. On the 10th (local time), Tesla's stock price crashed more than 15% in a single day, marking its worst day in about 4 years

Nasdaq sees biggest drop in two and a half years Influenced by Trump's "willing to accept recession" remarks Major indices plunged across the New York stock market. This comes as U.S. President Donald Trump stated he would accept a U.S. recession res

Trump's response of "transition period" to recession possibility question fuels recession concerns Tesla falls over 7%, Nvidia drops 2% U.S. stock markets fell sharply on the 10th (local time) as concerns about a U.S. recession stemming from Trump's

"Volatility expanding due to tariff impact on corporate earnings and reduced fiscal spending" Maintains year-end S&P500 target index of 6,500 points Morgan Stanley's Michael Wilson forecasts that US stocks will fall 5% more this year due to concerns

Real Wages Decrease After Three Months Unable to Keep Pace with Rising Prices Japanese workers' real wages have turned to a decline after three months. This is due to wage increases failing to keep up with the pace of price increases, which is interp

Issued, Listed, and Manipulated Scam Coin 'ATube' to Embezzle 260 Billion Won Also Accused of 80 Billion Won 'Podo' Fraud... Re-arrested One Month After Release on Bail A cryptocurrency market manipulator known as 'JonBurKim,' who was previously deta

The won-dollar exchange rate has surpassed the 1450 won level again after 5 days. Analysis suggests that the exchange rate rose as foreign investors turned to net selling in the stock market. On the 10th, the won-dollar exchange rate (as of 3:30 PM)

"US economy in transition period... we're doing big things" "Building a strong nation... can't just focus on the stock market" US President Donald Trump has indicated his willingness to proceed with tariffs even at the risk of an economic downturn in

China's February Consumer Price Index Falls 0.7% Corporate Profitability Worsens Due to Tariffs and Overproduction China's Consumer Price Index (CPI) fell 0.7% year-on-year in February, recording a negative figure for the first time in 13 months. Des

Dunamu, which operates the domestic virtual asset (cryptocurrency) exchange Upbit, and K Bank announced on the 10th that they will conduct a 'Spring Picnic Treasure Hunt' event that randomly provides cash and Bitcoin exchange codes. First, K Bank wil

Korbit Research Center, under the domestic virtual asset (cryptocurrency) exchange Korbit, announced on the 10th that it has published a report titled 'Introduction of ASC 350-60 and Virtual Asset Accounting Standards' covering virtual asset accounti

Global cryptocurrency analysis firm TRM Labs announced on the 10th that it has formed a professional partnership with digital solution specialist SaferLink to provide services to domestic investigation agencies in Korea. The partnership involves TRM

Defense and semiconductor material shortage Bismuth price at all-time high Antimony also surged more than 4 times China accounts for half of world production China controls exports in response to US 'tariff bomb' Prices of rare metals such as antimon

Cover Story Short and Long-term Outlook for US Stock Market "US Market Normalization in Second Half" US Government Debt Restructuring Likely to Conclude Around June Rate Cuts to Resume in Second Half Possibility of 3+ Cuts This Year AI Investment Sti

Chinese stock markets remain resilient despite tariff risks from the United States. While U.S. President Donald Trump is pressuring China with additional tariffs, expectations for the artificial intelligence (AI) industry and the Chinese government's