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Relief over a ceasefire between the U.S. and Iran is spreading through markets, boosting expectations that the Kospi can extend its rally. Conflicting statements from Washington and Tehran over the terms of the truce, however, are fueling concerns th
Trump Says He Is Weighing a Two-Week Truce if Iran Agrees to Safe Opening of Strait of Hormuz Iran warned on June 7 that ships near the Strait of Hormuz would be destroyed unless they received transit clearance from the naval arm of the Islamic Revol
Iranian trade group spokesman says fee is $1 a barrel Only three ships passed on first day of ceasefire Iranian media says strait has been fully shut again Iran plans to collect transit fees in cryptocurrency from tankers passing through the Strait o
Iran has unveiled an alternative route to the Strait of Hormuz to avoid the potential risk of naval mines, Iranian media reported. Park Su-bin, Hankyung.com reporter waterbean@hankyung.com
WSJ says move would punish allies that did not support a Hormuz deployment About 84,000 US troops in Europe could be affected South Korea seen at risk of trade and security fallout The Trump administration is considering moving US troops out of NATO
U.S. stocks rallied on July 8 as a ceasefire agreement between the U.S. and Iran boosted risk appetite, while oil prices tumbled. The Dow Jones Industrial Average rose 1,325.46 points, or 2.85%, to 47,909.92 at the close on the New York Stock Exchang
Stocks rally despite lingering tensions after ceasefire deal The three major U.S. stock indexes surged in their first trading session after the United States and Iran agreed to a two-week ceasefire. Tensions remained elevated, with Israel striking Le
Dramatic deal struck with 88 minutes left before deadline Trump reveals his thinking: 'It will be big money' The US and Iran agreed on July 7 to a two-week truce and a temporary reopening of the Strait of Hormuz. The move could complicate negotiation
Asian stocks, including those in South Korea and Japan, surged after the U.S. and Iran abruptly agreed to a two-week ceasefire, sending international oil prices sharply lower. On Aug. 8, the Kospi closed 6.87% higher at 5,872.34, while the Kosdaq ros
Park Hong-keun, minister of the Office for Government Policy Coordination and Budget, said May 8 that the government will consider increasing its supplementary budget to reflect rising naphtha import prices. There is still time during the National As
Oil, shipping and anti-plastic theme stocks that had surged during the war tumbled after news that the US and Iran had agreed to a two-week ceasefire. The selloff came as international crude prices fell sharply and hopes rose that supplies of petroch
Gold Rebounds More Than 3% After Last Month’s Rout International oil prices, which had topped $110 a barrel, tumbled to the low $90s on news that vessels were passing safely through the Strait of Hormuz during the ceasefire. On April 7, West Texas In
Shin Hyun-song, nominee for governor of the Bank of Korea, said the risk of stagflation in South Korea is low. But if the war in the Middle East drags on and fears of an economic downturn become reality, the government should respond with a coordinat
More than 800 vessels remain on standby in Gulf waters Details on resuming transit are still unclear Transit fees and ship controls also loom as possibilities Shipowners are trying to determine when traffic through the Strait of Hormuz can resume aft
Buy sidecars triggered on both the Kospi and Kosdaq Won-dollar rate tumbles by more than 30 won South Korea’s two main stock markets surged on Aug. 8 after the U.S. and Iran effectively reached a two-week ceasefire agreement. The Kospi closed at 5,87
Finance ministry reviews financial support with companies Move aims to preempt Middle East-driven disruptions to oil supplies South Korea’s Ministry of Finance and Economy held a meeting on July 8 with oil importers and related agencies to review fin
Kim Min-seung's ₿-cial Hormuz’s Digital Shadow On June 8, 1974, US Secretary of State Henry Kissinger shook hands in Washington with Saudi Crown Prince Fahd. The arrangement recycled oil-export revenue into dollars and then back into US Treasuries. I
Standard Chartered global head of digital-asset research Sees $100,000 by year-end Geoff Kendrick, Standard Chartered’s global head of digital-asset research, said Bitcoin could fall to as low as $50,000 in the near term before recovering to $100,000
U.S. and Israeli strikes on Iran grew out of a secret White House visit by Israeli Prime Minister Benjamin Netanyahu, the New York Times reported. CIA Called Regime-Change Plan 'Farcical' Intelligence on Supreme Leader's Outdoor Meeting Hastened War
Park Su-rim, Hankyung.com reporter paksr365@hankyung.com
Park Su-rim, Hankyung.com reporter paksr365@hankyung.com
Israeli Prime Minister Benjamin Netanyahu said he supports President Donald Trump’s decision to halt attacks on Iran for two weeks. But military action against Hezbollah, the Iran-backed armed group in Lebanon, is not covered by the ceasefire agreeme
Government, shipping industry monitor Iran’s terms for Hormuz transit South Korea’s government and shipping companies are closely watching whether 26 Korean-flagged vessels stranded inside the Persian Gulf can return home after the US and Iran agreed
Samsung Electronics Co. and SK Hynix Inc. surged in early trading on July 8, reclaiming the 210,000 won and 1 million won marks. As of 9:10 a.m., Samsung Electronics was trading at 210,000 won, up 13,500 won, or 6.87%, from the previous session. SK H
Kim Dae-young, Hankyung.com reporter, kdy@hankyung.com
Major South Korean law firms are holding seminars this month on tokenized securities, artificial intelligence adoption in the public sector and tougher delisting rules as companies and institutions map out response strategies. Barun to Hold Tokenized
Kospi Opens Up More Than 4% on US-Iran Two-Week Ceasefire; Won Rallies Noh Jung-dong, Hankyung.com reporter, dong2@hankyung.com
Israel media reported that Lebanon is also included in a proposed two-week ceasefire plan, Reuters reported. Lee Jung-woo, Hankyung.com reporter, krse9059@hankyung.com
‘Our Hand Is on the Trigger’ Iran’s Supreme National Security Council said in a statement that talks with the US will begin in Islamabad, Pakistan, on July 10. It added that the negotiations do not mean the war is over, underscoring Tehran’s hard-lin