The Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
All Articles 6,171
CEO Supports Trump in US Presidential Election Korean Investors Rush to Buy Bitcoin Fails to Surpass 100,000 Bitcoin, which once had a market cap of 100,000, is showing strength as Ripple rises. Ripple has risen to 3rd place in market cap after surpa
Court Applies Telecommunications Fraud Compensation Law Victim Relief Provided in Boice Phishing A Supreme Court ruling has expanded the scope of the Telecommunications Fraud Compensation Law, which supports the recovery of damages for victims of fin
Trading Ban Regulations Expected to Continue Temporarily "Global Trend Should Allow Launch" In the virtual asset market, financial companies are expected to be temporarily restricted from trading Bitcoin Spot ETF. While major countries, including the
Sequential Approval of Virtual Asset Legal Entity Accounts Financial Services Commission to Release Roadmap by End of Month Corporate and Financial Institution Approvals Under Review From next year, it is expected that universities and local governme
An internal statement has emerged that the Federal Reserve (Fed) is leaning towards an additional rate hike. Christopher Waller, a Fed official, said at a conference hosted by the American Institute for Economic Research (AIER) on the 2nd (local time
The S&P 500 index of the New York Stock Exchange in the United States is expected to reach up to the 6600 line by the first quarter of next year, according to market experts. Following global investment banks, domestic securities companies have also
The three major indices of the New York Stock Exchange showed mixed trends. As the market focused on tech stocks, which had recently been sluggish, stocks related to semiconductors and artificial intelligence (AI) gained momentum, leading to a strong
The New York Stock Exchange saw major technology stocks rally, with key stock indices reaching record highs. On the 2nd (local time), the Dow Jones Industrial Average closed at 44,782.00, down 128.65 points (-0.29%) from the previous session at the N
The virtual asset tax, which was scheduled to take effect in January next year, has been postponed for two years, leading to a sharp rise in related stocks. On the 2nd, Our Technology Investment rose by 8.66% to close at 9,540 won. Com2uS Holdings (6
13 Domestic AI·Nasdaq ETFs, Including Coin Companies Financial Supervisory Service, Disallows Virtual Asset Company ETF Launch "Regulation Uniformity Government Policy...Trying to Block" <Editor> The Financial Supervisory Service is reportedly disall
On the first trading day of December, at the Seoul foreign exchange market, the Dollar exchange rate is expected to show a trend of strengthening in the midst of Yen strengthening. On the 2nd, the Dollar exchange rate started trading at 1,396.0 Won,
The government party and the Democratic Party have agreed on a 2-year grace period for virtual asset (cryptocurrency) taxation, causing a stir among domestic virtual asset stakeholders. As of 9:18 AM on the 2nd, the current trading price on the Upbit
Dollar's weight in global foreign exchange trade is 88%% Countries are reducing their foreign exchange reserves Concerns about U.S. financial sanctions Discussion on Digital Currency (CBDC) settlement system within BRICS China advances in oil securit
October Non-Farm Employment Report Scheduled for Release "S&P500, If Maintained Above 6000 This Year Could Reach 7000 by End of Next Year" This week (2nd-6th), the New York Stock Market is watching to see if the recent strong market will lead to a Sa
NH, KOSPI Weekly Expectation 2430~2550 "Trump Selection, Possibility of Continuing 2nd Term Risk" US Key Economic Indicators and Fed Scheduled for Attention Last week, the KOSPI index fell below the 2500 line again. After struggling to hold the 2500
"Power Guidance has no significant meaning" Market experts predicted that the Bank of Korea would likely cut interest rates in the first quarter of next year. Many people favored February over January and February. Regarding the unexpected 'rate cut'
"It tastes much better" he said after eating The installation art piece, famous as 'Banana attached to the wall with tape', was purchased by a conceptual art businessman for a huge sum and became a topic after he ate the banana from the wall. A Chine
Expansion of Yen-Dollar trading fluctuations Tokyo real estate market outlook uncertain Japan's central bank struggles with interest rate increase "US-Japan interest rate gap narrows" Yen-Dollar trading "Political pressure on economy" concerns over g
The New York Stock Exchange ended the day with a rise, anticipating the Black Friday following Thanksgiving. The Dow Jones Industrial Average and the S&P 500 indices reached record highs as investor sentiment was buoyed by expectations for a 'Santa R
China's 'Lost 30 Years' Scenario China's long-term national bond yield has surpassed Japan's for the first time. Global investors are betting on the possibility that China, the world's second-largest economy, might slip into depression. According to
Syria's Rebellion Resurfaces Amid Middle Eastern Tensions Rebels Seize Largest Government Military Base in Northern Region "Israel's Government Forces Show Signs of Weakening" E-Hezbollah's Small-Scale Engagements in the Spotlight Russia "Possibility