Korea Economic Daily

Participation of Leaders like Kwon Young-se and Kwon Seong-dong Yoon Hee-sook, Head of Yeouido Institute, to Lead Discussion Kwon Young-se, the emergency committee chairman of the People Power Party, and Kwon Seong-dong, the floor leader, along with

Existing Cryptography Can't Stop Quantum Computer Hacking Development of Next-Gen 'Quantum-Resistant Cryptography' Accelerates IBM Leads the Way ... SK Telecom and KT Also Developing As global big tech companies like Google and IBM accelerate the dev

UK Research Firm Joins in Downgrades A foreign analysis agency has forecasted that South Korea's economic growth rate will remain at 1.1% this year. This figure is below the Bank of Korea's recent estimate of 1.6~1.7% and even lower than the initial

Attending Davos Forum via Video Aiming at the Fed: "Demand Immediate Rate Cut" To OPEC: "Lower Oil Prices to End War" Hinting Retaliation to EU for Big Tech Regulation Oil Prices Drop 1%... US Bonds Steady President Donald Trump of the United States

Lee Bok-hyun, the Governor of the Financial Supervisory Service, stated on the 24th that while the Bank of Japan (BOJ) raised its policy interest rate from 0.25% to 0.5%, the likelihood of a rapid unwinding of yen carry trades is low. However, he urg

President Donald Trump publicly demanded a rate cut from the Federal Reserve, easing the pressure on the strong dollar. On this day, the market expected a turning point in the won-dollar exchange rate, which continued to trade in the 1,430 won range,

◆ New York Stock Market Rises on Trump's Rate Pressure... S&P 500 Closes at Record High U.S. President Donald Trump pressured the Federal Reserve (Fed) to cut interest rates, leading to a strong close in the New York stock market on the 23rd local ti

Domestic demand worsens more than expected Exchange rate, a stumbling block, also on a downward trend As domestic demand in the fourth quarter of last year turned out to be worse than initially expected, there is a growing call for the Bank of Korea

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Korea's '2% Growth' Last Year Just Made It... 0.1% in Q4 Due to Martial Law Shock Domestic Demand Weakness Deepens in Consumption and Investment Possibility of Interest Rate Cut Increases This Month The economy grew by only 0.1% in the fourth quarter

Japan's Exports Last Year 107 Trillion 912 Billion Yen "Exports Increased Due to Historical Yen Depreciation" Trade Deficit 5 Trillion 332.5 Billion Yen… 44% Reduction Japan significantly reduced its trade deficit last year thanks to record-high expo

Tech Companies' 'High Performance' Drives US Stock Market "Preference for 'Risk Assets' Expected to Stand Out in Bull Market" The US stock market closed on an upward trend on the 22nd (local time), with the Standard & Poor's (S&P) 500 index hitting a

The major indices of the New York Stock Exchange all rose. As Donald Trump, the President of the United States, announced investments in artificial intelligence (AI) infrastructure, buying interest was focused on technology stocks. On the 22nd (local

Kim Byung-hwan, the chairman of the Financial Services Commission, stated on the 22nd that the government and political circles should be cautious about intervening in the additional interest rates of banks. This remark was made with Lee Jae-myung, t

Indication of Tariff Imposition Based on Influx of Chinese Fentanyl President Donald Trump of the United States hinted at the possibility of imposing tariffs on China, citing the influx of Chinese fentanyl into the country. On the 21st (local time),

On the first trading day after Donald Trump was inaugurated as the U.S. President, the major indices of the New York Stock Market closed with a rise. As President Trump showed a moderated approach to imposing tariffs, the value of the dollar weakened

◆ New York Stock Exchange Closes Strong, Easing Tariff War Concerns On the first trading day after Donald Trump was inaugurated as President of the United States, the major indices of the New York Stock Exchange rose collectively as concerns over a '

Tariff Bomb Less Radical Than Expected "Forecast of Drop to 1300 Won in Second Half" The won-dollar exchange rate fell to the 1430 won level (rise in won value) in a month. The dollar showed a weak trend as U.S. President Donald Trump did not impose

The won-dollar exchange rate fell to the 1430 range (Korean won value increased) after a month. The dollar showed a weak trend as Donald Trump, the President of the United States, did not impose tariffs on his first day in office. On the 21st, the wo

Blockchain infrastructure company DSRV (CEO Kim Ji-yoon) has been appointed as the Vice Chairman of the Korea Fintech Industry Association. The Korea Fintech Industry Association announced on the 21st at the Lavender Hall of the Samjung Hotel in Seou

On the 21st, the Tokyo foreign exchange market saw an unusual movement as the yen-dollar exchange rate surged by 1 yen (yen depreciation) in just 30 minutes. This was due to the market's confusion over tariff-related remarks by President Donald Trump

President Yoon Suk-yeol, who was detained on charges of being the mastermind of a rebellion after declaring '12·3 Martial Law,' arrived at the Constitutional Court on the 21st to attend the impeachment trial hearing. The Ministry of Justice's escort