Korea Economic Daily

President Donald Trump of the United States announced that Israel will hand over the Gaza Strip to the United States, but there will be no need for U.S. troops to be stationed there. On the 6th, President Trump posted on his Truth Social account, "On

On the 6th (local time), the Bank of England (BOE) held a Monetary Policy Committee meeting and lowered the base rate by 0.25 percentage points to 4.50% annually. This rate cut in the UK is the first in three months since the 0.25 percentage point re

Changyong Lee, Governor of the Bank of Korea, stated that "a decision to lower the base rate has not been made" at the Monetary Policy Committee meeting on the 25th. Regarding all committee members leaving open the possibility of a cut in three month

Surpassed $99 billion with a 200% Increase Uncertainty Grows with Trump Tariffs Trade Environment and Export Fronts Clouded Last year, South Korea's current account approached $100 billion, marking the largest surplus in nine years since 2015. The ex

Besant US Treasury Secretary: "President Trump Won't Demand Fed Rate Cut" "Focus on US 10-Year Treasury Yield Reduction" Naoki Bank of Japan Policy Board Member: "Need to Raise Rates to 1%" There has been a statement that President Donald Trump of th

Record Highs Broken 40 Times in a Year Demand Expected to Remain Strong This Year Last year, global gold trading volume, total transaction value, and average trading price all reached record highs. According to the World Gold Council (WGC) on the 5th

Financial Supervisory Service: "The cause of system failures during martial law is insufficient server capacity" During the martial law situation, Upbit, Bithumb, and other major virtual asset exchanges experienced system failures. Upbit decided to c

Access Block Consideration The Ministry of Economy and Finance has decided to join the 'DeepSeek ban' following the Ministry of Trade, Industry and Energy, the Ministry of National Defense, and the Ministry of Foreign Affairs. This is to prevent sens

In the New York stock market, major indices initially fell due to Alphabet, the parent company of Google, reporting lower-than-expected earnings. However, they turned upward and closed higher as bond yields fell. On the 5th (local time) at the New Yo

◆ 6th Hearing on Yoon's Impeachment... Testimonies from Key Figures Including Gwak Jong-geun The Constitutional Court will conduct a full-day hearing on the impeachment trial of President Yoon Seok-yeol on the 6th, questioning key figures such as com

Service Sector Leads Hiring, Manufacturing Sees Job Decline The US job market has started 2025 strongly, which is expected to bolster the Federal Reserve's (Fed) cautious stance on rate cuts. On the 5th (local time), according to Automatic Data Proce

The uncertainty in the U.S. tariff policy is causing significant fluctuations in the KRW-USD exchange rate. The rate, which surged as the imposition of tariffs seemed imminent, plummeted again as a wait-and-see stance emerged. On the 5th, in the Seou

2025 Press Corps New Year Meeting "ETF Suitable for All Stages of Virtual Asset Investment" "At Least Bitcoin and Ethereum ETFs Should Be Launched" "Satisfied with Didim Fund Performance... Efforts to Expand Default Options" Actively Proposing 'Junio

Understanding the Department of Government Efficiency (DOGE) through 5 Questions An Advisory Body Without Administrative Power Despite Its Name Obtained Top Secret Clearance but Legal Status is Ambiguous Abolishing the Department of Education Seems D

Kim Min-seung's ₿ficial Displeased with Coins, Let's View Them from an Anti-Authoritarian Perspective When Bitcoin first appeared, the world was silent. As numerous altcoins emerged following Bitcoin, and coin prices soared hundreds of times, people

U.S. President Donald Trump has proposed a plan for the United States to take control and manage the Gaza Strip, where Israel and Palestinian armed factions have been at war. According to major foreign media on the 4th (local time), President Trump s

Foreign reserves have decreased by about $4.6 billion over the past month. The year-end effect has disappeared, and intervention by the authorities to defend the exchange rate has led to the largest decrease in nine months. According to the foreign r

International gold prices have reached a record high. This is due to the outbreak of the tariff war between the United States and China. According to Reuters on the 4th (local time), the spot gold price during the day recorded $2,845.14 per ounce, br

Strong Finish Despite Trade War Uncertainty Trump "Will Talk with Xi Jinping" Palantir Surges on Better-than-Expected Performance Outlook Despite concerns over the U.S.-China trade war, the anticipation of last-minute negotiations between the two cou

The won-dollar exchange rate fell slightly on the 4th (the value of the won rose). The exchange rate, which plummeted due to the weak dollar after U.S. President Donald Trump delayed tariff imposition, rebounded in the afternoon as China announced 'r

Until Trump's Victory Declaration Can't Relax Despite Tariff Deferral for Canada and Mexico 25% Tariff Scheduled for the 4th Deferred for a Month Canada and Mexico Promise to Strengthen Crackdown on Illegal Immigration and Drugs If They Fall Short of

The 10% additional tariff on Chinese products enforced by President Donald Trump took effect on the 4th. In response, China has initiated an antitrust investigation into the American IT company Google and announced counter tariffs. On the 4th, Presid

With the US's additional 10% tariffs on China taking effect from midnight on the 4th (local time), China has decided to impose up to 15% tariffs on US imports starting from the 10th. The Customs Tariff Commission of the State Council of China announc

The additional 10% tariff on Chinese products enforced by President Donald Trump took effect on the 4th without any delay. In response, China has begun to retaliate by launching an antitrust investigation against the American IT company, Google. Acco