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A report said concerns are spreading among senior officials in the U.K. and Europe that the United States could sever ties with its NATO (North Atlantic Treaty Organization) allies and align with Russia. On the 27th (local time), The Times cited a re
Israel bombs Iranian nuclear facility Bushehr nuclear plant hit for the third time this month The Atomic Energy Organization of Iran (AEOI) said the Bushehr Nuclear Power Plant was attacked at around 11:40 p.m. on the 27th (local time). According to
U.S. President Donald Trump on the 27th (local time) warned that “Cuba is next,” hinting at the possibility of military action. According to Reuters, speaking at an investment forum in Miami, Florida, Trump touted the U.S. military’s operational achi
U.S. equities tumbled across the board on the 27th (local time) as fears of a wider conflict intensified after the United States and Israel carried out airstrikes on Iran’s nuclear facilities and steel plants. In trading at the New York Stock Exchang
Reports say the United States and Iran are set to meet directly to hold talks aimed at ending the war, about a month after it began. According to Reuters and dpa on the 27th (local time), German Foreign Minister Johann Wadephul said the U.S. and Iran
Trump pauses strikes again…a war with no exit in sight It has been a month-long war pitting the words of U.S. President Donald Trump against Iranian drones costing $20,000 (about 30 million won). Iran, whose air and naval power was effectively neutra
Surge in safe-haven demand for dollars "If ground troops are deployed, it will top 1,550 won" The won has depreciated 4.59% over the past month as oil prices and the dollar surged amid the war in the Middle East. The yield on three-year Korea Treasur
Margin loans near record high at 33 trillion won Despite financial regulators issuing stern warnings over so-called “debt investing” (borrowing to invest) and other high-risk strategies, the scale of such borrowing continues to be tallied at record-h
The output gap: demand minus supply Turned positive from 2022 Strong inflationary pressure, in other words Japan’s economy appears to have shifted into an “excess demand” state starting about four years ago. With inflationary pressures mounting, expe
KOSDAQ gains The KOSPI fell for a second straight session as uncertainty over U.S.-Iran ceasefire talks and weakened investor sentiment toward semiconductor stocks following Google’s “Turbo Quant” weighed on the market. On the 27th, the KOSPI closed
Laura Cooper, Global Investment Strategist at Nuveen, a global asset manager "Stagflation if oil tops $144" Expects 10-year yield at 4.25% by year-end Investment flows still concentrated in US assets US tech stocks have defensive risk characteristics
U.S. stocks tumbled across the board as expectations for a U.S.-Iran ceasefire faded. On June 26 (local time), the Dow Jones Industrial Average closed at 45,947.81, down 481.68 points (1.01%) from the previous session at the New York Stock Exchange.
◆ Wall Street: Risk appetite hit by Trump and Google-related negatives…markets close sharply lower All three major U.S. stock indexes ended in the red. On the 26th (local time), at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average
Protracted war raises energy burden 2.1 → 1.7%…Japan holds at 0.9% Second-largest downward revision among the G20 The Organisation for Economic Co-operation and Development (OECD) on the 26th made the second-largest downward revision among the Group
Analysis of the US-China-Japan-Russia 'war profit-and-loss ledger' US faces growing domestic discontent and cracks with allies Russia enjoys an oil boom as Hormuz is blocked China consolidates its global standing amid a US vacuum Japan, heavily depen
Trump wants a “speed campaign,” but wide U.S.-Iran gaps complicate end-of-war talks Could drag on until May, when U.S.-China talks are set The goal of a war that was initially expected to end in 4–6 weeks is now seen as difficult to achieve. Although
Seyed Kozechi, Iran’s ambassador to South Korea, said Korean vessels that do business with U.S. companies or use energy facilities backed by U.S. capital could face difficulties transiting the Strait of Hormuz. Appearing on a CBS radio news show on t
Foreigners sell more than KRW 2 trillion worth of Samsung Electronics On the 26th, the KOSPI index sank more than 3%, tumbling into the 5,400 range. As foreign investors extended their net selling of KOSPI shares for a sixth consecutive session, reta
Nomura Securities: "KOSPI 8,000 still in play…semiconductors offset the oil shock" Nomura Securities, Japan’s largest brokerage, said it is maintaining a top-end target of 8,000 for the KOSPI this year. The firm expects Korea’s semiconductor upcycle
As Korea Treasury bond yields continue to rise, the government will carry out an emergency buyback (purchases for early redemption) worth 5 trillion won. This is the first time the government has conducted a buyback since September 2022. It also deci
The government will roll out additional measures to stabilize livelihoods, including expanding fuel tax cuts, to cushion the inflationary shock stemming from the Middle East war. The fuel tax cut rates currently applied—7% for gasoline and 10% for di
Six Middle Eastern countries—Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Jordan—publicly warned that they could exercise the right of self-defense through military means in response to attacks by Iran and its proxy forces. Acco
Iran is moving to collect transit fees from vessels in the Strait of Hormuz, which it has effectively been blockading, and has repeatedly underscored the plan through official interviews and other channels. Esmaeil Baghaei, spokesperson for Iran’s Fo
Samsung Electronics and SK Hynix are trading lower early on the 26th as expectations for and caution about U.S.-Iran ceasefire talks coexist. As of 9:17 a.m., Samsung Electronics was down 4,900 won (2.59%) from the previous session at 184,100 won. SK
Iran has threatened that it could block the Bab el-Mandeb Strait, the gateway to the Red Sea, following the Strait of Hormuz. According to CNN on the 25th (local time), an Iranian military source said via the semi-official Tasnim News Agency, “If the
Korean stocks are expected to face volatility on the 26th as investors continue a tug-of-war over flows. While the U.S. has entered talks with Iran over a ceasefire proposal, uncertainty remains over the trajectory of the war and oil prices. Heavy ne
Wall Street’s three major indexes closed higher across the board. Expectations that the United States and Iran would enter ceasefire talks lifted investor sentiment broadly. On the 25th (local time), at the New York Stock Exchange (NYSE), the Dow Jon
U.S. Central Command, which is directing the U.S. military operation against Iran, said on the 25th (local time) that it has struck more than 10,000 Iranian military targets in the 26 days since the outbreak of hostilities. CENTCOM Commander Gen. Bra
Concerns are growing that the Middle East is triggering a tightening of liquidity in global financial markets. Gulf sovereign wealth funds—powerful buyers of global risk assets—are putting new investments on hold as regional conflict escalates. Gulf
◆ White House: "Negotiations with Iran to continue…bigger blow if it refuses to accept defeat" The White House said on the 25th local time that it would continue negotiations with Iran to end the war. It did not, however, disclose the details of the