Korea Economic Daily

Kim Min-seung’s ₿-ficial The shadow of the high-growth era: Is “status-based regulation” still valid? What is regulation? Its original purpose is to establish order and promote the sustainable development of markets and society. If so, have the vario

President Lee Jae-myung on the 21st stressed that it is “not even possible” that the government is considering forcing Korean citizens to sell their overseas stocks. Speaking at a New Year’s press conference at Cheong Wa Dae earlier in the day, Lee m

FX rate falls into the 1,470 won range President Lee: “The exchange rate will likely drop to around 1,400 won in a month or two” After opening lower, the KOSPI turned higher and at one point during the session regained the 4,900 level, supported by i

President Lee Jae-myung said on the 21st, "According to the relevant responsible authorities, they are forecasting that the won-dollar exchange rate will drop to around 1,400 won per dollar in a month or two." At a New Year press conference held that

President Lee Jae-myung on the 21st commented on the won-dollar exchange rate, which has risen to around 1,480 won, saying, "If there were special measures, we would have already taken them," adding that "the government is implementing many useful po

The won-dollar exchange rate has climbed back above 1,480. The move is seen as driven by increased demand for safe-haven assets as tensions between the United States and Europe intensify. As of 10 a.m. on the 21st, the won-dollar exchange rate stood

Shares of companies tied to steel pipes used in oil and gas field development are surging. The move follows remarks by U.S. President Donald Trump, who said in a briefing marking the first anniversary of his return to the White House that he had laun

KOSPI opened lower amid U.S.-driven negative news flow. Investor sentiment appears to have weakened as tensions between the United States and the European Union (EU) over Denmark’s Greenland escalated. However, the decline is narrowing as buying by f

Andy Jassy, CEO of Amazon, said President Donald Trump’s sweeping tariff policy is gradually beginning to be reflected in the prices of some goods. In an interview with CNBC at the World Economic Forum (WEF) in Davos, Switzerland, on the 20th (local

As Trump’s push to bring the Fed under his control grows Some expect Powell to stay on as a governor to defend the Fed’s independence Wall Street sees Fed governors’ resistance rising as Trump’s pressure intensifies In the United States, attention is

Concerns intensified on the 21st over whether the KOSPI can hit “5,000p (KOSPI index 5,000).” After the index turned lower for the first time in 13 sessions the previous day, Wall Street tumbled overnight on the fallout from the so-called “Greenland

All three major U.S. stock indexes in New York closed lower. As tensions between the United States and the European Union (EU) over Greenland, a Danish territory, escalated, investor sentiment froze. Prices for gold, a safe-haven asset, surged. On th

Private credit coming due in large volumes this year has emerged as a potential flashpoint for global financial markets. Analysts say the $3 trillion shadow-banking system is being put to the test over whether it can function properly in a ‘new norma

◆Wall Street slides on 'Greenland dispute' Major Wall Street indexes fell sharply across the board amid the Greenland dispute. In early trading today at the New York Stock Exchange, the Dow Jones Industrial Average dropped 1.76% from the previous ses

The U.S. Supreme Court has yet to issue a ruling on the Trump administration’s use of the International Emergency Economic Powers Act (IEEPA) as the legal basis for reciprocal tariffs and fentanyl-related tariffs—signature economic policies of Donald

Gold prices surged past $4,700 an ounce, setting a fresh record high, as the Greenland crisis stoked fears of a potential trade war between the US and Europe. Silver also moved above its record high. As of 3:14 p.m. Singapore time on the 20th (local

The Democratic Party of Korea has decided, as its party line, not to include equity ownership regulations on crypto asset exchanges in its own Framework Act on Digital Assets, which also covers the introduction of won-denominated stablecoins. The par

US takes over Davos…Trump: “We will discuss Greenland” The Donald Trump administration attended the World Economic Forum (Davos Forum·WEF), which opened on the 19th (local time) in Davos, Switzerland, together with White House cabinet members, unders

A study has found that Americans have shouldered most of the costs stemming from the reciprocal tariffs the United States imposed on countries around the world, leaving the U.S. facing a “backlash.” The findings run counter to U.S. President Donald T

"Tariffs if Greenland isn’t sold"—Trump pressure Gold and silver hit record highs Over the next 3 months, gold and silver prices Seen topping $5,000 and $100 per ounce, respectively After U.S. President Donald Trump signaled the possibility of imposi

Park Su-rim, Hankyung.com reporter paksr365@hankyung.com

Leveraged silver surges in the 40% range in a week Silver tops $90 an ounce for the first time on record Driven by expected U.S. rate cuts and geopolitical jitters Supply tightness and rising industrial demand also underpin gains Some see silver reac

On whether he would use force to secure Greenland: "No comment" U.S. President Donald Trump said on the 19th (local time) that he will "100% implement" a plan to impose tariffs on some European countries unless there is an agreement for the United St

Denmark’s defence minister, Greenland’s foreign minister meet NATO chief, EU foreign policy head “Add ‘substantial’ combat forces for military drills” Urges NATO to “launch a ‘surveillance operation’” Denmark is reportedly planning to deploy addition

◆ Trump’s 'Greenland tariff' card rattles markets Reuters reported on the 19th (local time) that concerns are emerging in financial markets about a possible “Sell America” wave (selling US assets) after US President Donald Trump signaled “Greenland t

It has been reported that U.S. President Donald Trump sent a letter to Norway’s prime minister linking his failure to win the Nobel Peace Prize to a rationale for taking control of Greenland. According to Bloomberg and other outlets on the 19th, Pres

When borrowing dollars in the FX funding market Add-on spread falls to 'near zero' But dollars are scarce in the spot FX market Bank of Korea: "Not an FX crisis, but a supply-demand imbalance" The add-on spread that must be paid to borrow dollars in

At press conference: “Lower house to be dissolved on the 23rd” Japanese Prime Minister Sanae Takaichi on the 19th officially announced a snap general election. The strategy is to go back to the polls while cabinet approval ratings are at their peak t

Japanese Prime Minister Sanae Takaichi said on the 19th that she will dissolve the House of Representatives (lower house) on the 23rd. At a press conference held that day at the Prime Minister’s Office, Takaichi officially expressed her intention to

Heard on Wall Street (5) Ira Kalish, Deloitte economist Tariff-driven rise in imported intermediate-goods prices Deteriorating cost structure across manufacturing US population decline due to immigration policy The labor supply itself will shrink A w