Korea Economic Daily

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

This year, the won-dollar exchange rate is expected to show an up-and-down trend. Concerns are emerging that the exchange rate, soaring due to the global strong dollar phenomenon combined with domestic political instability, could exceed 1500 won fro

As the impeachment situation prolongs, the Korean economy has entered a state of 'zero visibility.' Externally, the inauguration of Donald Trump's second U.S. administration, which emphasizes protectionism, is increasing uncertainty. The rapidly shri

Interest Rate Outlook This year, the Korean Central Bank is expected to continue its policy of lowering interest rates. This is because concerns about economic downturns are growing amid stable inflation, necessitating a response to downward pressure

If Raised to 0.5% in January, Additional Hikes After July Even with Two Increases, Over 3% Point Difference with US "Yen Weakness Pressure Will Continue" 2025 is expected to be a year when the Bank of Japan raises its benchmark interest rate to level

In the U.S. stock market, a record $450 billion has been withdrawn this year from so-called 'active equity funds,' where fund managers selectively invest in stocks. This shift to index-tracking investment products, such as ETFs, which are considered

Representative Hyun-jung Kim and KDI Warn of "Exchange Rate at 1500 Won, Risk of Foreign Exchange Crisis" "Selling Foreign Reserves to Defend Exchange Rate...Another IMF Crisis Looms" Net External Financial Assets Nearing 1 Trillion Dollars...Strong

Yoon Suk-yeol's legal team stated on the 31st that the court's issuance of an arrest warrant requested by the Corruption Investigation Office for High-ranking Officials is "shocking and utterly unacceptable." The legal team released a statement after

In December, the consumer price index rose by 1.9% compared to a year ago, marking a 1% increase for the fourth consecutive month. However, due to the impact of the strong dollar and the rise in exchange rates following the martial law, oil prices ha

The won/dollar exchange rate recently surged close to 1,500 won, pushing the average exchange rate for the fourth quarter (October to December) to its highest level since the financial crisis. According to the Bank of Korea's Economic Statistics Syst

The three major indices of the New York Stock Exchange fell simultaneously. It seems that the 'Santa Rally' has disappeared after the Federal Reserve hinted at adjusting the pace of interest rate cuts. On the 30th at the New York Stock Exchange (NYSE

◆ Nasdaq Drops 1.19%... Profit-Taking Sell-Off Continues On the 30th local time, major indices in the New York Stock Exchange fell around 1% due to continued profit-taking sell-offs. The Dow Jones index fell 0.97% to 42,573.73, the S&P 500 index drop

Changyong Lee, Governor of the Bank of Korea (pictured), held an emergency macroeconomic and financial issues meeting at the Seoul Bank Hall on the morning of the 30th, expressing concern that "political instability could negatively affect Korea's ex

On the last trading day of the foreign exchange market this year, the 30th, the won-dollar exchange rate rose further (the value of the won fell) to over 1,470 won. With political uncertainty continuing, the year ended with the worst exchange rate si

The cyclical component of the coincident composite index, which reflects the current economic situation, fell again last month, failing to rebound for the ninth consecutive month. Indicators for production and investment also declined across the boar

Election, war, abnormal climate, Donald Trump's election, the collapse of the French government for the first time in 62 years, impeachment, etc. The eventful year of 2024 is coming to an end. From the perspective of the global stock market, this yea

The Won-Dollar exchange rate has started rising again, recording the 1,470 won range. It is expected that the upward risk will continue due to ongoing political instability and sluggish year-end trading. On the 30th, the Won-Dollar exchange rate in t

NH Investment & Securities Report "Little Benefit in Chasing Dollar Purchases" "Early 1400 Won Range Expected for First Half of Next Year" Since the passage of the impeachment bill by the acting president, political instability has intensified, causi

The value of the Dollar has shown the highest surge in nine years due to the strong U.S. economy and the anticipated tariff policies of President-elect Donald Trump. According to Bloomberg on the 28th (local time), the Bloomberg Dollar Spot Index, wh

Ahead of Trump's Inauguration on January 20 Growing Expectations for Banks and Cryptocurrencies Last week, all three major indices of the New York Stock Exchange ended in a downward trend. As profit-taking sales poured in, especially in tech stocks t

Decision by the Montenegro Ministry of Justice to Extradite to the U.S. Local Lawyers Resist with Various Reasons Kwon Do-hyung, a key figure in the cryptocurrency 'Terra·Luna' crash, is using all legal means to resist Montenegro's decision to extrad

Famous Bullish Analyst Warns of "Adjustment in the Second Half of Next Year" "S&P500 Usually Turns Bearish After Two Years of Bullishness" "Past Patterns Must Repeat" for Validity Actual Repetition Uncertain... Many Incorrect Cases In the U.S. stock

All major indices of the New York Stock Exchange fell. Although there were no significant positive or negative factors, it is interpreted that profit-taking sell-offs, especially in tech stocks that had risen significantly this year, increased downwa

Acting President and Deputy Prime Minister Choi Sang-mok, who is also the Minister of Economy and Finance, emphasized, "We will do our utmost to ensure that the nation's security, unwavering economy, and stable public order are maintained so that the

With the impeachment motion against Acting President Han Duck-soo passed in the National Assembly on the 27th, the Korean economy has faced an emergency state of 'zero visibility.' The financial and foreign exchange markets, which were gradually stab

The impeachment issue of Acting President Han Duck-soo has dealt a significant shock to the financial and foreign exchange markets. The USD/KRW exchange rate once soared above 1480 won, and the KOSPI index fell below the 2400 mark during the session.

The People Power Party announced on the 27th that it has filed for a constitutional adjudication and an injunction against the impeachment motion of Acting President Han Duck-soo, which was passed in the National Assembly. The People Power Party stat

Statement Released Immediately After Impeachment Proposal Passed by National Assembly Acting President Han Duck-soo stated on the 27th that he respects the National Assembly's decision to pass the impeachment proposal against him, and declared, "To p

Ruling and Opposition Parties' Dispute Over Quorum Based on 'Majority of Registered Members' Passed with 192 Votes in Favor... Estimated 1 Defection from People Power Party People Power Party Leaves as Counting Begins... Protests 'Null and Void' The