Korea Economic Daily

Wall Street’s three major stock indexes closed higher. U.S. President Donald Trump ramped up tariff threats against Canada and concerns grew that the U.S. federal government could face a shutdown (temporary suspension of operations) amid partisan con

On Truth Social, Trump says “Korea’s National Assembly isn’t honoring the agreement” Seen as taking issue with delays to a special law on investment in the U.S. Unclear whether legislative delays are the sole reason Possible that complaints over Coup

New York Fed ‘rate check’ hints at possible joint intervention by the two countries Japan’s 10-year JGB hits 2.235% The yen rose as much as 1.5% against the dollar on concerns that U.S. and Japanese authorities could intervene in markets. The stronge

Fund Management Committee cuts year-end target allocation to overseas equities by 1.7%P Raises allocation to domestic equities by 0.5%P Even if it strays outside the strategic asset allocation range to temporarily suspend 'mechanical selling' No ment

As geopolitical uncertainty persists, gold prices hit a fresh record on the 26th, breaking above $5,100 an ounce. According to Reuters on the 26th (local time), spot gold rose 2.2% to $5,093.96 an ounce at 8:40 a.m. GMT in European trading. It briefl

Mirae Asset Securities said on the 26th it convened the “1st Board of Directors Meeting of 2026” and approved agenda items to repurchase approximately KRW 100 billion worth of treasury shares and to grant stock options to core digital talent. The pla

The won–dollar exchange rate fell sharply. This was driven by expectations surrounding the so-called “Mar-a-Lago accord,” under which the United States is seen as backing Asian currencies. On the 26th, the won–dollar rate opened at 1,446.1 won, down

As gold prices surge, a wall of money is pouring into exchange-traded funds (ETFs) that invest in gold. Analysts say large-scale inflows via ETFs are underpinning the rally in gold prices. According to ETF.com on the 26th, 'ACE KRX Physical Gold' rec

The National Tax Service (NTS) will focus all its efforts this year on managing tax revenue budgets exceeding 380 trillion won. It will launch a delinquency management task force to intensively oversee tax evasion and will respond strictly to offshor

Yen-dollar rate back in the ¥154 range for first time in about a month Japan finance vice minister: "Will respond appropriately in cooperation with the U.S." The yen’s gains extended on the 26th as speculation spread that U.S. and Japanese authoritie

Buying poured into the KOSDAQ market early on the 26th, pushing the KOSDAQ index above the 1,000-point mark for the first time in four years since 2022. The sharp rally also triggered a buy-side sidecar (temporary suspension of program buy orders). A

Silver also recently tops $100 International gold prices have surpassed $5,000 per ounce for the first time ever. Reuters reported that, as of 8:04 a.m. Korea time on the 26th (11:04 p.m. GMT on the 25th), the international spot gold price rose 0.75%

[Breaking] KOSPI climbs above the 5,000 mark in early trade [Breaking] KOSDAQ breaks above 1,000 points for the first time in four years… opens at 1,003.9 [Breaking] Won-dollar exchange rate opens at 1,446.1 won, down 19.7 won Noh Jeong-dong, Hankyun

Speculation is swirling that a so-called “Mar-a-Lago Accord” aimed at supporting not only the Japanese yen but also the South Korean won in global FX markets has actually been activated, Reuters reported on the 25th (local time). The analysis is that

Last year’s average monthly real effective exchange rate at 90.29 Third-lowest since the FX and financial crises Growth-potential and rate gap with the U.S. persists Pace of decline in the won’s nominal value accelerates With the won-dollar exchange

Two countries seen intervening against yen weakness Bank of Japan and Federal Reserve Bank of New York As signs of yen market intervention emerge Yen-dollar posts biggest drop in six months Won-dollar rate also turns lower In New York non-deliverable

Government presses companies to sell dollars Balances at top five banks down 3.8% in a month Gold-banking balances top 2 trillion won U.S. dollar deposit balances at major commercial banks have turned to a decline for the first time in three months.

Secures 10% stake in USA Rare Earth “Strengthen national security and industrial competitiveness” The US government will invest $1.6bn (about KRW 2.3tn) in a rare-earths company to bolster the critical minerals supply chain. With strategic competitio

Trump moves to check an anti-US alignment Pressures Canada’s growing closeness with China with the tariff card Trump mocks “Governor Carney’s mistake” Warns against China’s indirect exports via Canada Carney: “We must secure strategic autonomy” Opens

This week, the won–dollar exchange rate is likely to track moves in the yen closely. After the yen–dollar pair plunged on signs of coordinated intervention by the Japanese and U.S. governments, the won–dollar rate also fell sharply over the weekend.

This week, the U.S. New York stock market (26–30) is expected to focus on the outcome of the Federal Open Market Committee (FOMC) meeting of the U.S. central bank (Fed) to be held on the 28th (local time), whether a nominee for the next Fed chair wil

Buying shares such as KEPCO and LG Chem Foreign investors’ shareholding ratio in the main KOSPI market has risen to the highest level in 5 years and 9 months, data showed. The increase reflects foreigners’ heavy buying, following large-cap semiconduc

Naaja Nathanielsen, Greenland’s minister for Business, Minerals, Energy, Justice and Gender Equality, said Greenland “will not accept a situation where future development of our minerals sector is decided outside Greenland,” as U.S. President Donald

Russia attacked Ukraine on the 24th (local time) while holding a third round of talks with the United States and Ukraine in Abu Dhabi, United Arab Emirates (UAE). According to Reuters and other outlets, Russia’s drone and missile strikes early that m

Ukraine and Russia on the 23rd (local time) launched face-to-face trilateral ceasefire talks in Abu Dhabi, United Arab Emirates (UAE), mediated by the United States, but the first day ended without progress as they failed to narrow differences over t

Rising safe-haven demand With investment demand for safe assets remaining strong, international silver prices climbed above $100 an ounce intraday for the first time on record. Gold also pushed its peak higher to a record $4,979. According to Reuters

Wall Street’s three major stock indexes ended the session mixed with no clear direction. Analysts said the market has entered a pause as profit-taking emerged after two days of gains. On the 23rd (local time), at the New York Stock Exchange (NYSE), t

Director-level appointments at the Ministry of Finance and Economy Lee Hyung-ryeol named new Director-General for International Finance Major reshuffle in the international finance line signaled The Director-General for International Finance at the M

Kakao Pay heads straight to the daily limit-up "Rising expectations for legislation on digital assets" Pay soared to the daily limit-up in the stock market on the 23rd on expectations that legislation for stablecoins will be put in place. On the day,