Korea Economic Daily

Kim Byung-hwan's Monthly Press Conference "System and regulations refined for over a year... Full resumption necessary to be meaningful" Ahead of the resumption of short selling next month on the 31st, FSC Chairman Kim Byung-hwan clarified that "all

While the international community is moving to block China's artificial intelligence (AI) model DeepSeek due to concerns about personal information leakage, the use of DeepSeek continues to grow in China. According to the South China Morning Post (SC

Economic experts from the Hankyung Economist Club projected that the won-dollar exchange rate will remain in the 1,400 won range this year. Many predicted that while the exchange rate would gradually decline in the second half, it would fail to enter

Recently Hired Employees Also Face Layoffs Economists: "Impact on Overall Regional Economy" "Greater Impact in Areas with High Federal Employee Concentration" President Donald Trump continues his strong push to reduce federal workforce size throughou

Hankyung Economist Club experts predict that the Bank of Korea will lower its benchmark interest rate by 0.25 percentage points at the Monetary Policy Committee meeting on the 25th. They diagnose that rate cuts can no longer be delayed to respond to

### **Stagflation Fears Spread Last Week** ### **Dow Jones Records Largest Drop Since January 2023** ### **NY Stock Market Likely to be Driven by PCE Announcement This Week**  This week (24-28), the New York stock market is closely monitoring

NH Investment & Securities Forecasts KOSPI Range of 2550-2700 Securities firms predict that this week (24-28th) the KOSPI index will be limited to a maximum of 2700 points. This is due to continued market uncertainty from U.S. President Donald Trump'

As we enter an era of uncertainty, investors' concerns are deepening. The USD/KRW exchange rate, which surged due to Donald Trump-initiated trade wars and geopolitical risks, remains unstable. Rekindling inflation concerns in the United States are al

The three major indices of the New York stock market plunged simultaneously. This appears to be triggered by selling due to deteriorating consumer sentiment supporting the U.S. economy and inflation uncertainty. On the 21st (local time), the Dow Jone

Executive Order to Strengthen Control Over Federal Agencies Musk: "Will Audit Fed Board" Controversy arises as U.S. President Donald Trump signs an executive order that could undermine the independence of the Federal Reserve (Fed). While the White Ho

Released on Bail While on Trial for 80 Billion Won Fraud Re-arrested After One Month for 260 Billion Won Fraud 'ZonburKim', who was released on bail while on trial for large-scale cryptocurrency market manipulation charges, has been re-arrested for f

"Failure to resolve this issue quickly will have major impact" ASEAN (Association of Southeast Asian Nations) is pursuing a summit with the United States regarding tariff issues. According to Reuters on the 21st (local time), Malaysian Foreign Minist

President Yoon Suk-yeol has been additionally charged by police for allegedly obstructing the execution of an arrest warrant by mobilizing the Presidential Security Service. According to police on the 21st, President Yoon has been charged with obstru

The government has requested the United States to exclude South Korea from tariff measures including reciprocal tariffs under a potential second Trump administration, and conveyed the need for continued support for companies investing in the US throu

International gold prices have reached an all-time high. According to Reuters on the 20th (local time), around 2:36 PM, spot gold was trading at $2,936.38 per ounce, up 0.1% from the previous day. Earlier in the session, it reached $2,954.69. Gold fu

 The three major New York stock indices fell in tandem. Analysis suggests selling pressure intensified as Walmart, a barometer of the U.S. economy, released disappointing earnings forecasts and new leading economic indicators deteriorated. On

Increased by 5,000 to 219,000 compared to previous week Washington DC sees highest initial jobless claims in 2 years The US Department of Labor reported on the 20th that initial jobless claims for the previous week (February 8-15) increased by 5,000

Daily War of Words... Ukraine Peace Negotiations Getting Complicated Trump: "Dictator Who Didn't Hold Elections" Zelenskyy: "Helped End Russia's Isolation" Conflict Intensifies with Daily Exchanges Growing European Concerns over US-Russia Proximity U

Gold spot price reaches $2,973 per ounce in US market Asian and European markets weaken, US futures also show weakness On the 20th (local time), global markets generally weakened due to Trump's tariff plans, heightened geopolitical concerns, and the

Concerns over 'Death Spiral' in U.S. Treasury Market Not a Foreign Matter for Aging, Low-Growth Korea Yu Chang-jae, Economic Editor Ray Dalio has become busy again lately. He is the founder of Bridgewater, the world's largest hedge fund managing $126

China has frozen its benchmark Loan Prime Rate (LPR) for the fourth consecutive month. This decision comes as various economic stimulus measures implemented since the latter half of last year are gradually showing effects, while there's a need to sta

Yoon's Side to Reveal Position on Charges Later Prosecution Has 70,000 Pages of Documentary Evidence "Oppose Combining with Other Trials" President Yoon Suk Yeol's first criminal trial, where he faces charges of being a rebellion leader, ended in 13

The exchange rate is showing an upward trend in early trading on the 20th due to dollar strength. The KRW-USD exchange rate opened at 1,441.6 won in the Seoul foreign exchange market, up 3.1 won from the previous session. The previous night's minutes

Ahn Hye-won, Hankyung.com reporter anhw@hankyung.com

 The three major New York stock indices closed with strong mixed results. With no additional tariff measures from Washington, the market restrained large movements due to concerns about high levels. While hawkish stance was confirmed in Januar

◆ President Yoon to Attend First Criminal Trial and Detention Cancellation Hearing Today President Yoon Suk-yeol's first criminal trial, where he faces charges of leading an insurrection, will be held on the 20th. President Yoon is expected to attend

Lee Bo-bae, Hankyung.com Contributing Writer

Core CPI 3.7%, Core Services Prices Rise 5% Impact of Oil and Food Prices, and Service Prices The UK's January consumer prices rose 3% year-on-year, exceeding expectations. On the 19th (local time), the UK Office for National Statistics (ONS) announc