Korea Economic Daily

Trump: "Positive negotiations with Iran" Oil plunges; KOSPI rises Volatility persists after Iran denial Topped 1,500 won intraday With U.S. President Donald Trump postponing a strike on Iranian power plants, the won-dollar exchange rate fell by more

The United States and Iran are reportedly exploring their first direct, face-to-face talks this week to discuss an end to the war. Reuters, citing a Pakistani government source on March 23 (local time), reported that as early as this week Vice Presid

The won-dollar exchange rate plunged more than 26 won after U.S. President Donald Trump said he had moved to hold back-channel talks with Iran. On the 24th in the Seoul FX market, the won-dollar exchange rate opened at 1,490.9 won, down 26.4 won from

Large sums of money are pouring into prediction-market contracts betting on the possibility of a ceasefire between the United States and Iran, fueling suspicions of insider trading. According to The Guardian, a UK daily, on March 23 (local time), Pol

The KOSPI opened with a sharp surge. Investor sentiment appears to be recovering after U.S. President Donald Trump showed what’s being dubbed “TACO” (TACO·Trump Always Chickens Out), signaling he is looking to step back from a war with Iran. As of 9:

Major New York stock indexes rebounded after U.S. President Donald Trump said he was in talks with Iran and put off the previously flagged attack on Iranian power plants. However, the rebound narrowed as Iran denied holding talks with the U.S. On Jun

◆ U.S. stocks climb on hopes of an early end to the war…Dow up 1.4% All three major U.S. indexes closed higher. On the 23rd (local time), the Dow Jones Industrial Average rose 1.38% from the previous session to 46,208.47, the S&P 500 gained 1.15% to

The won-dollar exchange rate plunged by about 30 won in overnight trading. Risk-on sentiment quickly revived after U.S. President Donald Trump said he would postpone attacks on Iranian power plants for five days. At 2 a.m. on the 24th, the won-dollar

Trump: "Both the U.S. and Iran want a deal…high chance of reaching an agreement" Iran’s demands for guarantees against renewed attacks and war reparations remain a key variable U.S. President Donald Trump said he held "productive" talks with Iran aim

International oil prices fell sharply after US President Donald Trump said he had held productive talks with Iran to resolve the Middle East war and, as a result, put on hold for five days the previously signaled strikes on Iranian power plants. As o

Review of 15 papers by BOK governor nominee Focus on housing loans and foreign-currency liquidity rules Preemptive response seen coming through financial-stability tools Wary of excessive central-bank transparency Attention on whether BOK retains its

One day before Trump’s ultimatum Iran also warns of “attacks on power plants in the region” On the 22nd (local time), a cargo ship transporting vehicles in the United Arab Emirates (UAE) is sailing through the Arabian Gulf toward the Strait of Hormuz

KOSPI closes at 5,405.75 Trump threatens to “obliterate” power plants Iran vows “even greater retaliation” in hardline response KOSPI sell-sidecar triggered FX rate highest since the financial crisis The KOSPI sank more than 6% on the 23rd on fears o

Trump: "Hormuz must be opened within 48 hours" Bessent: "Will completely destroy defensive facilities around Hormuz" Trump administration says it can fight even for 100 days, but If the Iran war drags on, inflation worries could sour public opinion U

Top executives grow concerned about oil prices If the Strait of Hormuz blockade lasts into next month "A full-blown oil shortage in Asia" As the blockade of the Strait of Hormuz sends international oil prices sharply higher and deepens global supply-

The won-dollar exchange rate climbed above 1,510 intraday for the first time in about 17 years, driven by fallout from the Middle East war. In Seoul’s FX market on the morning of the 23rd, the won opened at 1,504.9 per dollar and extended gains, surg

Hong Min-seong, Hankyung.com reporter mshong@hankyung.com

Hong Min-seong, Hankyung.com reporter mshong@hankyung.com

Korean equities on the 23rd are expected to extend a volatile, directionless run as geopolitical risks in the Middle East persist. Even if a short-term rebound attempt emerges, analysts see the upside as likely to remain limited rather than develop i

Iran strikes Dimona…Israel launches immediate retaliatory counterstrike 4,000 km range…Western Europe now within reach Armed clashes between the United States, Israel and Iran are spiraling out of control. After President Donald Trump threatened to o

President Lee Jae-myung on March 22 nominated Hyun Song Shin, 67, head of the Monetary and Economic Department at the Bank for International Settlements, to be the next governor of the Bank of Korea. The nomination comes ahead of incumbent Governor R

As the war between the U.S. and Israel and Iran intensifies, markets are being gripped by turmoil with no visibility ahead. Even on Wall Street—where optimism had been stronger in the early days of the conflict—sentiment has clearly shifted over the

South Korea’s stock market has become embroiled in an overheating debate after an upward rally lasting nearly a year. Warnings are emerging over rising volatility and the burden of equity valuations relative to earnings. According to the Korea Exchan

The administration of US President Donald Trump has reportedly put discussions on the schedule for a US-China summit effectively on hold until the war in Iran is concluded. US political news outlet Politico reported on the 21st (local time), citing m

Inflationary pressure is intensifying in the wake of the war in the Middle East, raising the likelihood that high interest rates will persist for longer. Concerns are mounting that this could put the brakes on Korea’s economic recovery. According to

The Iranian government said the United States and Israel attacked the Natanz nuclear facility. The Atomic Energy Organization of Iran said on the 21st (local time), in a statement carried by Tasnim News Agency, that “following the criminal attack by

Statista survey results released Korea 42%, Japan 40%, and so on A survey has found that Koreans ranked first worldwide in concerns about the economic future. According to the industry on the 21st, results released by global statistics site Statista

As international oil prices have surged on the fallout from the U.S.-Iran war, stoking concerns over inflation (rising prices), expectations that the U.S. central bank (Fed) could raise its policy rate this year are gaining more traction than forecas

Major U.S. stock indexes closed lower in New York. Investor sentiment deteriorated sharply after reports said U.S. President Donald Trump is seriously considering deploying ground troops to Iran. On the 20th (local time) at the New York Stock Exchang

South Korea joins seven-nation statement condemning Iran over 'Hormuz blockade' Lee Bo-bae, freelance reporter at Hankyung.com newsinfo@hankyung.com