Korea Economic Daily

A projection that Samsung Electronics Co.’s operating profit next year could surpass the combined earnings of Japan’s 100 largest companies by market value is drawing attention among Japanese stock investors. Goldman Sachs said in a recent report tha

The Kospi dropped more than 2% in early trading on May 8, slipping below 7,350 as renewed uncertainty over ceasefire talks between the US and Iran rattled investor sentiment. As of 9:16 a.m., the benchmark index was down 159.49 points, or 2.13%, at 7

Oil prices rose after US and Iranian forces clashed in the Strait of Hormuz. June West Texas Intermediate futures on the New York Mercantile Exchange were up 2.35% at $97.02 a barrel as of 8:35 a.m. Korea time on May 8. WTI settled 0.3% lower on May

Former US Deputy Secretary of State Kurt Campbell said President Donald Trump may seek Chinese President Xi Jinping’s advice on relations with North Korean leader Kim Jong Un when he visits China on May 14-15. Speaking to reporters in Washington on M

Nineteen members of the World Trade Organization have agreed not to impose tariffs on digital transmissions between them, Reuters reported on May 7. Under the agreement, 19 countries including the US, Japan, South Korea, Singapore, Australia, Norway

The three major U.S. stock indexes closed lower on May 7 as uncertainty surrounding negotiations to end the conflict between the U.S. and Iran resurfaced. Semiconductor shares also came under pressure from profit-taking. The Dow Jones Industrial Aver

HMM-operated cargo ship Namu arrived at Dubai port in the United Arab Emirates at about 12 a.m. on May 8. The vessel caught fire after an explosion while anchored in the Strait of Hormuz on May 4. At 12:20 a.m. on May 8, or 5:20 a.m. in South Korea,

First South Korean vessel to transit the Red Sea after Hormuz closure The first South Korean oil tanker to pass through the Red Sea, a detour after the Strait of Hormuz was closed by the Middle East war, has arrived in Yeosu, South Jeolla Province. I

Khalil al-Hayya, Hamas’s lead negotiator in talks on postwar plans for Gaza, has lost a son after an Israeli airstrike, according to media reports. The death came as Hamas leaders were in Cairo discussing how to preserve the ceasefire and handle the

"Domestic stock exposure has become too large" The National Pension Service's dilemma after a $181 billion gain Korean equity weighting is more than 10 percentage points above target Markets focus on whether the fund committee will rebalance this mon

Report Says ‘Project Freedom’ Pause Followed Objections From Gulf Allies President Donald Trump said the Iran war may be nearing an end and voiced optimism that an agreement could be reached before his planned May 14-15 trip to China. In a phone inte

South Korea’s Kospi touched the 7,500 mark during intraday trading on May 7 before losing steam and fluctuating around flat. As of 11 a.m., the Kospi was up 11.01 points, or 0.15%, from the previous session at 7,395.57. The index briefly turned negat

Wall Street sets fresh records on hopes of a U.S.-Iran ceasefire Kospi climbs as high as 7,531.88 in early trading Rally fatigue spurs selling by foreigners and institutions Samsung Electronics and SK Hynix advance South Korea’s Kospi rose above 7,50

Benchmark Brent Crude Falls 7.8% U.S. stocks rallied across the board on May 6 as hopes grew that the U.S. and Iran could strike a deal to end the war. The S&P 500 and Nasdaq Composite both closed at record highs. The Dow Jones Industrial Average ros

President Donald Trump told reporters on May 6 that the US had held “very positive talks” with Iran over the previous 24 hours. Oil prices tumbled, and the Nasdaq climbed to another record. Even so, the broader mood in Washington remains cautious. Th

Oil Drops Sharply on Reports a Ceasefire Deal Is Near US and European Stocks Rise in Early Trading International oil prices, which had climbed above $100 a barrel, plunged more than 10% in a matter of hours after reports said the US was close to endi

S&P 500 and Nikkei Trade at More Than 20 Times Earnings, While the Kospi Sits at Just 8 AI-Driven Semiconductor Supercycle Remains Intact Samsung Electronics 2026 Operating Profit Forecast at 332 Trillion Won Up by More Than 100 Trillion Won From a M

Up 1% this month, versus a double-digit gain for the Kospi Earnings visibility and improved fund flows are key South Korea’s Kosdaq Index fell on May 6 even as the benchmark Kospi touched 7,400, underscoring the widening gap between the country’s mai

BOK Sends Repeated Hawkish Signals Market Prices In One to Two Rate Hikes This Year The Bank of Korea is increasingly expected to shift to a tighter policy stance in the second half of the year as the prolonged war in the Middle East pushes up prices