Korea Economic Daily

The won-dollar exchange rate fell by more than 10 won (appreciation of the won) to the 1420 won range. Although the sharp upward trend from the previous day was somewhat reversed, it remained at a high level compared to before the declaration of mart

KOSPI and KOSDAQ have strongly rebounded. Thanks to foreigners and institutions stepping in for bargain hunting. Expectations for China's economic stimulus also contributed to the stock price rebound. However, individuals continue to sell off. On the

Bithumb, which operates a domestic cryptocurrency exchange, has been fulfilling the 100% mandatory employment rate for the disabled for three consecutive years. The mandatory employment system for the disabled requires private companies with more tha

Organizational Restructuring and Department Head Appointments by the Financial Supervisory Service Establishment of Digital IT Division and Financial Consumer Protection Bureau Reassignment of 74 out of 75 Department Heads Based on Performance The Fi

Expectations are growing that the Federal Reserve (Fed) will cut interest rates again in January next year, following this month, leading to a significant increase in bets in the futures and swap markets. According to Bloomberg, traders in the releva

Lee Bok-hyun, the Governor of the Financial Supervisory Service, held a meeting with global investment bank (IB) analysts. It appears to be an attempt to alleviate the concerns of foreign investors regarding the recent trends in the domestic stock ma

Emergency Macroeconomic and Financial Issues Meeting Held Deputy Prime Minister and Minister of Strategy and Finance, Choi Sang-mok, stated, "We will actively respond to excessive market volatility to reverse market sentiment." At the 'Macroeconomic

In the New York stock market, major indices closed lower as profit-taking continued on tech stocks that had risen despite favorable economic indicators. On the 9th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average f

◆ Weakening Risk Asset Appetite... New York Stock Market Falls Together The major indices of the New York Stock Exchange fell together. On the 9th local time, the Dow Jones index closed at 44,401.93, down 0.54% from the previous session, the S&P 500

Opposition Party to Process Tax Law Amendment on the 10th Likely to Push Through 'Reduced Budget Bill' The tax law amendment for next year, including the abolition of the financial investment income tax and the deferral of virtual asset taxation, is

Even Individuals Who Endured Political Instability Dump 880 Billion KRW KOSDAQ Index Hits Lowest in 56 Months Decline in Appeal of KRW-Based Assets…Approaching 1,440 KRW Range The KRW-USD exchange rate has entered the 1,440 KRW range as political unc

Amid growing political turmoil following the martial law situation, the KOSPI and KOSDAQ indices hit new lows for the year based on closing prices. On the 9th, the KOSPI closed at 2360.58, down 67.58 points (2.78%) from the previous trading day. The

"Also Promoting Measures to Improve Protection for General Shareholders" Lee Bok-hyun, the head of the Financial Supervisory Service, stated that he would consistently push forward with existing capital market-related issues, such as the abolition of

Regular Market Exchange Rate at 1430 Won for the First Time in 2 Years and 1 Month "Difficult for It to Rise Above 1450 Won Due to Government Intervention" With political uncertainty growing due to the 'Impeachment Situation' following the 'December

Lee Jae-myung, leader of the Democratic Party of Korea, stated on the 9th that "if President Yoon Seok-yeol does not resign immediately and persists, it will cause irreversible damage to areas such as exchange rates, the stock market, artificial inte

Due to political instability, the value of the Korean won is rapidly declining. The KRW-USD exchange rate is eyeing the 1430 KRW level. On the 9th, in the Seoul foreign exchange market, the KRW-USD exchange rate started trading at 1426 KRW, up 6.8 KR

Korean Won, Lowest Since 2009? Wall Street is paying attention to the urgent political situation in South Korea over the weekend and is preparing for increased volatility in Korean assets. On the 8th (local time), Bloomberg News reported that "trader

Revealed in an Interview with NBC Donald Trump, the President-elect of the United States, announced on the 8th (local time) that he intends to guarantee the term of Jerome Powell, the chairman of the U.S. Federal Reserve (Fed). In an interview aired

The rebels, who have been capturing major cities in Syria with unstoppable momentum, have declared that they have taken control of the capital, Damascus, and have begun to control public institutions. According to Reuters and other sources on the 8th

"Minimizing Confusion with Orderly Early Resignation" "Regular Meetings with Prime Minister to Prevent State Affairs Vacuums" Han Dong-hoon, leader of the People Power Party, stated, "By ensuring an orderly early resignation of the president, we will

November CPI and PPI Scheduled for Release FedWatch Gives 88% Probability for December FOMC Rate Cut This week (9th-13th), the New York Stock Exchange is anticipating the release of the November Consumer Price Index (CPI) and Producer Price Index (PP