Korea Economic Daily

First call in two months; discussion covers Taiwan, U.S.-China ties and global issues Trump: “Talks on China buying U.S. oil and gas” Xi: “No tolerance for Taiwan separatism… U.S. must be prudent on arms sales to Taiwan” U.S. President Donald Trump a

Geopolitical risk in global trade has recently been pushing up logistics costs. That is because what used to be a variable cost—“war and marine risk insurance premiums”—has become entrenched as a structural expense. Additional marine insurance premiu

On Wall Street, weakness in tech stocks persisted, while shares of traditional industrial companies rose. Major indexes therefore ended the session mixed. In particular, the Philadelphia Semiconductor Index fell 4.36%, and memory chipmaker Micron Tec

ADP: Private-sector employment at companies up 22,000 in January Far short of Dow Jones estimate of 45,000 US private-sector employment was effectively flat in January. According to payroll processor ADP on the 4th (local time), private-company emplo

Global currency strategists view the recent recovery in the U.S. dollar as temporary, and expect it to weaken as the year progresses on concerns over the Federal Reserve’s independence and the prospect of rate cuts. They also said the Japanese yen is

Trump’s Oil War (2) U.S. energy dominance solidifies U.S. becomes an oil-market ‘superpower’ U.S.·Venezuela Combined output 80% of OPEC Even global oil prices swayed at will The United States has emerged as a ‘superpower’ in the global oil market. It

Yeo Han-koo: “U.S. preparing to publish in the Federal Register” No gains even from meetings with Cho Hyun and Rubio Concerns are growing that the tariff hike on Korean-made products, previously flagged by U.S. President Donald Trump, will become rea

Closed-door meeting with the Digital Assets TF “If introduced, apply differentiated regulation by market share” As the government moves to cap the equity stakes of major shareholders in virtual-asset exchanges, exchange chiefs conveyed their concerns

Commodities Focus Demand persists for alternative investments to U.S. assets Gold posts biggest one-day gain in 17 years JPMorgan sees "$6,300 by year-end" "The world is on the verge of a capital war, and gold is still the best place to preserve mone

The United States, moving to bolster its hegemony in the Western Hemisphere, has established a Space Force component under U.S. Northern Command, which oversees Greenland. According to the US military news outlet Stars and Stripes on the 4th, the US

Agency size just one-ninth of that in advanced economies The scale of Korea’s government agency responsible for inspecting and supervising money-laundering crimes has been found to be as little as one-ninth that of major advanced economies. This is w

Platform Regulation Fast-Tracked, U.S.-Bound Investment Commitments Delayed Tariff Talks Stuck as U.S. Complains “Only Regulation Moves Fast” The recent passage in the National Assembly of the so-called “Anti-False and Manipulated Information Act” (a

Samsung Electronics' market capitalization has surpassed 1,000 trillion won for the first time ever. This is the first time a single stock on the Korean market has topped 1,000 trillion won in market cap. Its year-to-date share-price gain has also ov

The head of a crypto asset-management firm who stood trial on charges of manipulating virtual-asset prices to reap illicit gains of around 7 billion won was sentenced to prison. The 14th Criminal Division of the Seoul Southern District Court (Presidi

After a recent sharp selloff, international gold prices are rebounding strongly. Reuters reported that as of 3:31 a.m. Korea time on the 4th, the international spot gold price rose 5.2% from the previous session to $4,906.82 per ounce, and was poised

Official resignation as Chair of the White House Council of Economic Advisers (CEA) 'For Warsh to become Fed chair, he must first become a Fed governor' Likely to take over Myron’s seat as Fed governor Myron may press ahead with rate cuts until Warsh

Digital finance platform Crypto.com announced on the 4th that it has officially launched its new prediction market platform, 'OG'. OG is a prediction market service that allows users to trade on the probable outcomes of a wide range of real-world eve

Supporting Global Fund Transfers via Stablecoins Circle, the issuer of the U.S. dollar-denominated stablecoin 'USDC,' announced that Hectofinancial has joined the stablecoin payments network 'Circle Payments Network' (CPN). On the 3rd (Korea time), C

Attention is on whether the KOSPI will rewrite its all-time high again on the 4th. The previous day, the KOSPI shook off the “Kevin Warsh shock,” surging 6.84% to set a fresh record. Still, with U.S. stocks in New York falling overnight, some expect

South Korean Foreign Minister Cho Hyun and U.S. Secretary of State Marco Rubio discussed ways to strengthen the ROK-U.S. alliance during their meeting, the State Department said. In a press release on the outcome of the talks between the two foreign

Fears grow that "AI could upend software vendors"…software stocks tumble across the board U.S. stocks in New York ended lower as concerns mounted that artificial intelligence (AI) technology could replace large swaths of the traditional software (SW)

South Korea’s Foreign Minister Cho Hyun began talks on the 3rd (local time) with US Secretary of State Marco Rubio. Cho met Rubio at 2 p.m. that afternoon at the US State Department headquarters in Washington, DC. Ahead of the meeting, the two posed