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Review of 15 papers by BOK governor nominee Focus on housing loans and foreign-currency liquidity rules Preemptive response seen coming through financial-stability tools Wary of excessive central-bank transparency Attention on whether BOK retains its
One day before Trump’s ultimatum Iran also warns of “attacks on power plants in the region” On the 22nd (local time), a cargo ship transporting vehicles in the United Arab Emirates (UAE) is sailing through the Arabian Gulf toward the Strait of Hormuz
KOSPI closes at 5,405.75 Trump threatens to “obliterate” power plants Iran vows “even greater retaliation” in hardline response KOSPI sell-sidecar triggered FX rate highest since the financial crisis The KOSPI sank more than 6% on the 23rd on fears o
Trump: "Hormuz must be opened within 48 hours" Bessent: "Will completely destroy defensive facilities around Hormuz" Trump administration says it can fight even for 100 days, but If the Iran war drags on, inflation worries could sour public opinion U
Top executives grow concerned about oil prices If the Strait of Hormuz blockade lasts into next month "A full-blown oil shortage in Asia" As the blockade of the Strait of Hormuz sends international oil prices sharply higher and deepens global supply-
The won-dollar exchange rate climbed above 1,510 intraday for the first time in about 17 years, driven by fallout from the Middle East war. In Seoul’s FX market on the morning of the 23rd, the won opened at 1,504.9 per dollar and extended gains, surg
Hong Min-seong, Hankyung.com reporter mshong@hankyung.com
Hong Min-seong, Hankyung.com reporter mshong@hankyung.com
Korean equities on the 23rd are expected to extend a volatile, directionless run as geopolitical risks in the Middle East persist. Even if a short-term rebound attempt emerges, analysts see the upside as likely to remain limited rather than develop i
Iran strikes Dimona…Israel launches immediate retaliatory counterstrike 4,000 km range…Western Europe now within reach Armed clashes between the United States, Israel and Iran are spiraling out of control. After President Donald Trump threatened to o
President Lee Jae-myung on March 22 nominated Hyun Song Shin, 67, head of the Monetary and Economic Department at the Bank for International Settlements, to be the next governor of the Bank of Korea. The nomination comes ahead of incumbent Governor R
As the war between the U.S. and Israel and Iran intensifies, markets are being gripped by turmoil with no visibility ahead. Even on Wall Street—where optimism had been stronger in the early days of the conflict—sentiment has clearly shifted over the
South Korea’s stock market has become embroiled in an overheating debate after an upward rally lasting nearly a year. Warnings are emerging over rising volatility and the burden of equity valuations relative to earnings. According to the Korea Exchan
The administration of US President Donald Trump has reportedly put discussions on the schedule for a US-China summit effectively on hold until the war in Iran is concluded. US political news outlet Politico reported on the 21st (local time), citing m
Inflationary pressure is intensifying in the wake of the war in the Middle East, raising the likelihood that high interest rates will persist for longer. Concerns are mounting that this could put the brakes on Korea’s economic recovery. According to
The Iranian government said the United States and Israel attacked the Natanz nuclear facility. The Atomic Energy Organization of Iran said on the 21st (local time), in a statement carried by Tasnim News Agency, that “following the criminal attack by
Statista survey results released Korea 42%, Japan 40%, and so on A survey has found that Koreans ranked first worldwide in concerns about the economic future. According to the industry on the 21st, results released by global statistics site Statista
As international oil prices have surged on the fallout from the U.S.-Iran war, stoking concerns over inflation (rising prices), expectations that the U.S. central bank (Fed) could raise its policy rate this year are gaining more traction than forecas
Major U.S. stock indexes closed lower in New York. Investor sentiment deteriorated sharply after reports said U.S. President Donald Trump is seriously considering deploying ground troops to Iran. On the 20th (local time) at the New York Stock Exchang
South Korea joins seven-nation statement condemning Iran over 'Hormuz blockade' Lee Bo-bae, freelance reporter at Hankyung.com newsinfo@hankyung.com
Lim Jae-gyun, a research fellow at KB Securities, appeared on Korea Economic TV on the 20th and said, "When it comes to international oil prices, WTI (West Texas Intermediate) keeps getting stuck around the $100 level and is acting as a strong suppor
Milestone Invest, a crypto-asset algorithmic trading firm, has newly appointed an outside director and an in-house counsel to reinforce its legal and governance framework ahead of its global expansion. The company said on the 20th that it recently ap
International gold prices are increasingly likely to post their biggest weekly decline in nearly six years. According to Bloomberg on the 19th (local time), spot gold extended losses for a seventh straight session and, as of the morning of the 20th (
A barbed joke in response to a question about “prior notice” to allies before the Iran strike Trump: “No country knows surprise attacks better than Japan” Takaichi “wide-eyed” at mention of the “taboo word” Pearl Harbor U.S. media: “Highly unusual” …
Wall Street’s three major indexes fell in tandem. Risk appetite cooled as the prevailing view solidified that the U.S. central bank (Fed) will keep its policy rate on hold through year-end. However, the market finished well off its lows after Israeli
◆ Trump urges restraint amid Middle East tensions… U.S. stocks and Treasuries fall All three major U.S. stock indexes in New York closed lower on the 19th (local time). The market opened down as international crude prices rose on a string of attacks
International oil prices swung sharply higher and lower on the 19th (local time) amid uncertainty surrounding the Strait of Hormuz. Brent crude futures, the global benchmark, settled at $108.65 a barrel for May delivery, up 1.2% from the previous ses
Hints at a possible US policy-rate hike Oil shock adds to dollar strength Koo Yun-cheol: “Will respond if won moves diverge from fundamentals” The won–dollar exchange rate closed above 1,500 won on a weekly closing basis. It is the first time in 17 y
International gold futures down about 6% in a week As inflation delays U.S. rate cuts Gold prices, traditionally seen as a safe-haven asset, have extended a day-after-day decline. Despite geopolitical tensions stemming from the Middle East and rising
KOSPI down 2.7% to the 5,700 range Powell: “Possibility of a policy-rate hike” Foreigners net sell 1.882 trillion wonMarket Inside The KOSPI fell nearly 3%, sliding back to the 5,700 level. Analysts said investor sentiment retreated sharply after inf