Korea Economic Daily

President Yoon Suk-yeol's side announced that they are considering appealing to the Supreme Court after their objection to the execution of an arrest and search warrant was dismissed by the court. Yoon's attorney, Yoon Gap-geun, stated on the 5th, "T

The court dismissed President Yoon Suk-yeol's objection to the execution of the arrest and search warrant on the 5th. According to the legal community, on this day, Judge Ma Seong-young of the Seoul Western District Court dismissed President Yoon's o

Concerns Emerge at the American Economic Association on the 3rd Nobel Laureate David Card: "Trump Will Increase the Deficit" Expectations of More Chinese Companies Avoiding Tariffs via Vietnam Predictions of US Import Prices Rising, Impacting the Dom

The won-dollar exchange rate is soaring. Until the third quarter of last year, the won-dollar exchange rate was in the 1300 won range, but it surpassed 1400 won with the election of U.S. President Trump in November and surged to the 1470 won range du

All three major indices of the U.S. New York Stock Exchange rebounded and closed strong. The tech rally, including a more than 8% jump in , led the market's rise. On the 3rd (local time), the Dow Jones Industrial Average closed at 42,732.13, up 339.8

Market Manipulator Gains 7.1 Billion KRW Illicitly First Indictment Since Law Enactment Last July Prosecutors have detained and brought to trial an individual who manipulated cryptocurrency prices to gain 7.1 billion KRW. This marks the first indictm

Interview with Jong Kwangsoo, President of the Korea Economic Association and Professor at Johns Hopkins University "Fed Raises Doubts About Neutrality with Rate Cuts Before Election" U.S. Stock Market Stimulates Consumption...Strong Growth Backbone

"Caused Investor Losses Exceeding $40 Billion" The US Department of Justice has charged Kwon Do-hyung, the head of Terraform Labs and a key figure in the Terra and Luna cryptocurrency crash, with fraud-related charges, stating that losses amounted to

<January 2, Thursday> On January 2 (Eastern Time), the New York stock market, which had shown a four-day consecutive decline at the end of 2024, attempted a rebound on the first trading day of the new year. The new year always brings hope to investor

On the first trading day of the new year, major indices of the New York Stock Exchange closed slightly lower. Investor sentiment deteriorated as Tesla's vehicle sales last year fell short of expectations. The continued strength of the dollar and the

Will the Fed's Tightening Message Gain Momentum? Continued Unemployment Claims at 3-Month Low The number of new unemployment claims in the United States has hit its lowest level in eight months. The U.S. Labor Department announced on the 2nd that the

ECB President Sets Inflation Stability and Digitalization as Goals Eurozone Ahead of Trump's Inauguration... Inflation Concerns Grow Christine Lagarde, President of the European Central Bank (ECB), stated in her New Year's message that "there are ver

On the first trading day of the new year, the won-dollar exchange rate fell to the 1460 won range. Analysts suggest that the Korean Bank's market stabilization message is helping the exchange rate find some stability. On the 2nd, in the Seoul foreign

Korea Investment & Securities stated on the 2nd that "the pressure for KRW weakness both domestically and internationally is expected to be high in the first half of this year," and raised the average exchange rate forecast for the first quarter to 1

DS Investment Securities analyzed on the 2nd regarding the domestic stock market, stating, "Currently, the Korean Won and KOSPI might be at their most undervalued state." Yang Hae-jung, a researcher at this securities firm, explained, "Looking at the

50-Day Moving Average Falls Below 200-Day Moving Average by Year-End Historical 10% Drop Following Death Cross An ominous signal has appeared for the Philadelphia Semiconductor Index, which has led the rally in U.S. stocks over the past two years. Ac

Last year's 6.2 trillion attraction... Record high Accumulated investment of 15.5 trillion over 4 years Establishing blockchain and bio ecosystems Designation of 1.88 million ㎡ future mobility special zone Promotion of expanding free economic zone to

New Year's Address by Financial Services Commission Chairman Kim Byung-hwan Chairman Kim Byung-hwan of the Financial Services Commission stated that "the role of finance is to respond to uncertainty and minimize its impact," emphasizing that the top

Jensen Huang Ranks 12th Amid AI Boom… Trump at 471st Jay Y. Lee at 331st… "Net Worth Decreased by 2 Trillion Won" Thanks to the AI boom and the rally in the U.S. stock market, the net worth of the world's top 500 billionaires reached a total of $10 t

Kwon Do-hyung, a key figure in the collapse of the cryptocurrency 'Terra·Luna', has been handed over to the United States. According to local dailies Vijesti and Pobjeda on the 31st (local time), the Montenegro Police Agency announced that "today, at