Korea Economic Daily

One in four Korean adults currently owns cryptocurrency. According to Hashed Open Research, a think tank of blockchain investment firm Hashed, 25% of Korean adults own cryptocurrency. This surpasses the United States, where the figure is 19%. The sur

Valuations range from $1 billion to $150 billion There is speculation that Liang Wenfeng, the founder of Deepseek, which has amazed the world, could become China's richest person. Bloomberg reported on the 12th that if the valuation of Chinese AI sta

Wemade announced on the 12th that its consolidated operating income for last year was tentatively calculated to be 8.1 billion won, turning a profit compared to the previous year's operating loss of 110.4 billion won. Sales increased by 17.6% over th

Supply Blocked at Commercial Banks... Sales Suspension Imminent Due to a surge in demand for gold, a shortage has occurred, leading the Korea Minting and Security Printing Corporation to halt the sale of gold bars. The suspension of sales by commerci

President Donald Trump of the United States has reiterated his call for cooperation with the government efficiency department he established, DOGE. This move appears to support Elon Musk, the CEO of Tesla, who heads DOGE. Over the past week, Musk fac

Tesla Falls Over 6% on News of OpenAI Acquisition Attempt Intel Rises Over 6% Following U.S. Vice President's Remarks As U.S. President Donald Trump shows signs of escalating a 'tariff war' by imposing additional tariffs on China and steel and alumin

Sam Altman, CEO of OpenAI, has repeatedly expressed his opposition to Elon Musk, CEO of Tesla, proposing to acquire OpenAI. On the 11th (local time), Altman, in an interview with Reuters, dismissed Musk's acquisition proposal as "nonsense," saying, "

◆ Fed Chair Powell: "US Economy Strong...No Need to Rush Rate Cuts" Jerome Powell, the Chair of the US Federal Reserve (Fed), reaffirmed on the 11th local time that there is no need to rush a rate cut given the strong growth of the US economy and the

Nine Koreans Arrested, Including Two Wanted Persons National Police Agency "Pushing for Repatriation Within Two Months" Unlike the Past When Cash Deposits Were Requested Encouraging Investment in Fake Cryptocurrencies 'Extortion' A Korean criminal or

Tensions Over Monetary Policy KDI Lowers Growth Forecast to 1.6% Concerns Over Sluggish Domestic Demand and Export Slowdown "Need to Cut Rates 2-3 Times Instead of Supplementary Budget" Bank of Korea "Not Concerned with Opinions of Specific Instituti

Crypto Asset Legislation Concert First Legislation Targets Unfair Trading Regulation Second Legislation Needed for Ecosystem Development Trump Aims to Strengthen Dollar Hegemony Supports Crypto Assets like Stablecoins Exchange Rates May Rise Amid Gro

Additional Tariffs Imposed from the 12th of Next Month... Semiconductors and Automobiles to be Announced Soon President Donald Trump officially announced on the 10th (local time) that a 25% tariff will be imposed on steel and aluminum products import

Three out of ten global investment banks (IB) believe that the US rate cuts have ended this year. They see it as difficult for the Federal Reserve to further lower rates due to the strong US economy and policy uncertainties under the Trump administra

OpenAI CEO "Declines... We'll Buy Twitter for $14 Billion" A consortium of investors led by Elon Musk, CEO of Tesla, is reportedly interested in acquiring a controlling stake in ChatGPT developer OpenAI for $97.4 billion (141 trillion won). According

Nucor and US Steel Rise Over 4% Trump to Announce Reciprocal Tariff Policy on 11th-12th Despite concerns over additional tariffs imposed by President Donald Trump, the New York stock market rose on the 10th (local time). Steel and aluminum stocks inc

January Job Openings Plunge 43% Year-on-Year With the downturn in the manufacturing and construction sectors, the new year's job market is shrinking to levels comparable to the 1997 foreign exchange crisis. According to the January labor market trend

Effective Date Not Disclosed Chinese Markets Continue Tech Stock Rally on AI Hopes This Week's US Markets Focus on Powell's Speech and January CPI Release President Trump announced a 25% tariff on all steel and aluminum imports and plans to impose re

Deposits Surge at Top 5 Domestic Exchanges Upbit 7.7 Trillion, Bithumb 2.5 Trillion in Order Funds Fleeing Deposits Due to Interest Rate Cuts Deposits at domestic cryptocurrency exchanges have more than doubled over the past year, surpassing 10 trill

Kim Nam-kook, a former member of the Democratic Party of Korea, who was brought to trial on charges of falsely reporting his assets to conceal his substantial holdings of virtual assets (coins), was acquitted in the first trial. Judge Jeong Woo-yong

U.S. President Donald Trump announced that he will impose a 25% tariff on all steel and aluminum imported into the United States on the 10th (local time). According to Reuters on the 9th, President Trump also plans to announce reciprocal tariffs on t

Monday Interview - Jung Eun-bo, Chairman of Korea Exchange Korean Companies Show Minimal Results in AI Field Semiconductor and Battery Competitiveness in Doubt Could Be Trapped in a '30-Year Box' Like Japan Urgent Need for an Environment Where Entrep

Thanks to the Chinese AI startup DeepSeek, the Chinese stock market is regaining its vitality. Although there is a growing movement from various countries to contain DeepSeek, which has showcased low-cost, high-performance capabilities, it is acting

Last week, our stock market was supported by news of collaboration between 'DeepSeek' and 'Sam Altman, CEO of OpenAI', among others, which bolstered AI software-related stocks. This week (February 10-14), with some AI software companies in the US sch

Potential Information Leakage Raised Government and Corporate DeepSeek Access Blockade Spreads As the blocking of China's DeepSeek AI app spreads, its usage in the country has plummeted. This is attributed to concerns that DeepSeek collects extensive

U.S.-Japan Summit Held Shift from Universal Tariffs to Reciprocal Tariffs in Response to Foreign Regulations Strong Demand for Opening Automobile Market Expected Mention of EU's 'Minimum 15% VAT', etc. President Donald Trump announced plans to introd

The three major indices of the New York Stock Market fell by around 1%. This was due to a sharp rise in expected inflation among U.S. consumers and an announcement by President Donald Trump that he would impose reciprocal tariffs on several countries

In the United States, only 143,000 non-farm jobs were created in January, which was less than expected. However, the unemployment rate for January was 4%, down from 4.1% the previous month. The U.S. Department of Labor announced on the 7th (local tim

Tariff Effects May Be Offset... To Surplus Countries: "Don't Manipulate Exchange Rates" During Trump's First Term US-China Trade War Failed to Reap Tariff Effects Due to Yuan Depreciation Instead, US Companies' Price Competitiveness Fell "China Will