Korea Economic Daily

"Conflict Between National Agencies Would Leave an Indelible Scar" Acting President Choi Sang-mok (Deputy Prime Minister and Minister of Economy and Finance, pictured) emphasized on the 13th that there should be no physical confrontation between the

The exchange rate has risen back to the 1,470 won level due to global dollar strength pressure. On the 13th, the won-dollar exchange rate opened at 1,473.2 won, up 8.2 won from the previous session in the Seoul Foreign Exchange Market. The rise in th

The Public Official Crime Investigation Office has sent an official document to the Presidential Security Service and the Ministry of National Defense requesting cooperation regarding the execution of an arrest warrant for President Yoon Suk-yeol. Th

End of December Won-Dollar Exchange Rate at 1,472 KRW Highest Level in 27 Years In December last year, the value of the Korean Won fell by more than 5%. Among major currencies, it had the second-largest drop after war-torn Russia. According to data r

"US 'No Landing' Could Lead to Rate Hikes" Interview with 'Dr. Doom' Nouriel Roubini "Absolutely No Retaliatory Measures" Increase Purchases of US LNG to Gain Favor Make Trump Feel Victorious in Negotiations Retaliation Only 'Maximizes' Diplomatic Te

Main Focus Areas for the Six Major Law Firms in the New Year Seeking Breakthroughs Amid Trump's Second Term and Recession Kim & Chang Strengthens Legal Tech Sector Lee & Ko Focuses on Criminal Trials and Financial Regulation Yulchon LLC Concentrates

Japanese Foreign Minister Attends Trump's Inauguration... Ishiba Plans to Visit the US Early Next Month Zuckerberg and Altman Attend Trump's Inauguration As the inauguration of Donald Trump, the President-elect of the United States, scheduled for the

CSI300 Index Falls Over 5%... Worst Since 2016 Attributed to Economic Slump and US-China Tensions Shanghai and Shenzhen Indices Also Down 5% This Year Last Year's GDP Growth Rate to be Announced on the 17th The Chinese stock market recorded its worst

Korean Won Value Plunges 5.3% in a Month Next to War-Torn Russian Ruble Exchange Rate Shock, Direct and Indirect Impact on Prices Bank of Korea: "Exchange Rate Raises Prices by 0.1% Point" In December last year, the value of the Korean Won fell by mo

CPI Announcement Scheduled for the 15th (Local Time) Concerns Over Rising Treasury Yields if Inflation Indicators Are Strong Correction May Continue Following Last Week This week (13th-17th), the New York Stock Exchange is being closely watched to se

Global Top 3 Credit Rating Agency 'Fitch' Interview with Director of Asia-Pacific Sovereign Ratings "Korea's Political Uncertainty Hampers Negotiating Power with the U.S." A global credit rating agency has raised concerns that the emerging 'supplemen

Defamation… Partial Victory for Kim Nam-guk Court: "Do Not Assume Guilt Before Final Judgment" Kim Nam-guk, former member of the Democratic Party of Korea, is set to receive damages from Jang Ye-chan, former youth chief of the People Power Party, who

All three major indices of the New York Stock Exchange plunged. Investors dumped stocks en masse as the December US non-farm payroll data came in hotter than expected. The significantly higher-than-expected employment figures dampened hopes for a rat

While Bitcoin Spot Exchange-Traded Funds (ETFs) are experiencing 'unprecedented success' in the United States, domestic investors have been unable to trade them for a year. Domestic asset management companies are also blocked from launching Bitcoin E

December 0.1%... Slowing for Four Consecutive Months Weak Consumption Despite Stimulus Measures China's consumer inflation rate has hit its lowest point in nine months, raising concerns about deflation (price decline amid economic downturn). Accordin

The strong trend of the US dollar is clearly evident, leading to a rise in the won-dollar exchange rate (a decline in the value of the won). However, the rise was somewhat limited due to net buying by foreigners in the domestic stock market. On the 9

As the strong dollar phenomenon expands, there are forecasts that the exchange rate between the Euro and the Dollar could fall below 1:1. Concerns are emerging that if the value of the Euro falls and demand for currency hedging arises, the overall we

Lotte Innovate, an AI technology development company of the Lotte Group, is expanding its partnership with major U.S. tech companies like NVIDIA. This comes as the advanced metaverse platform 'Caliverse' received high praise at 'CES 2025'. Kim Dong-k

During the Federal Open Market Committee (FOMC) meeting held over two days from December 17 last year, almost all attending members of the Federal Reserve judged that "the upside risk to inflation has increased." Although the name of U.S. President-e

The three major indices of the New York Stock Exchange closed mixed in a flat range. They failed to find a clear direction while digesting the minutes of the December Federal Open Market Committee (FOMC) meeting and employment data. On the 8th (local

'Inflation Already at Worrying Levels with PCE Upside Risk" CME FedWatch Predicts "One Rate Cut This Year" Bank of America (BofA) expects that if the Trump administration pursues aggressive tariff policies, the Federal Reserve will hold off on rate c

Jensen Huang, CEO of NVIDIA, has projected that it will take 20 years for a useful quantum computer to emerge, causing related stocks to plummet. According to Bloomberg, Huang, who is visiting Las Vegas for the world's largest electronics and IT exhi

Considering Declaration of 'National Economic Emergency' for Universal Tariff Implementation Trade Act Takes Time for Investigating Unfair Practices and Discrimination Invoked Once During 'Nixon Shock'... Pressured Dollar Devaluation with Tariffs CNN

Financial Services Commission 2025 Work Report Gradual Allowance of Corporate Accounts for Virtual Assets The regulation limiting financial holding companies' stake in fintech companies (previously 5%) will be relaxed to 15% for the first time in 25

Trump Tariffs and Aftermath Under Scrutiny 10-Year Yield Jumps 0.5%P in a Month As President-elect Donald Trump prepares to take office, U.S. Treasury yields are soaring. On the 7th (local time) in the New York bond market, the 10-year U.S. Treasury

2025 Economic Sector Major Issues Solution Meeting Financial Services Commission "Diversification of Investment Product Trading Methods" ATS Launch in March... Multiple Exchanges for the First Time in 70 Years Institutionalization of Token Securities