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BOK deletes wording on a ‘base rate cut’…effectively signaling the end of the easing cycle Rhee: "The won is undervalued relative to fundamentals About 75% is due to external factors such as a strong dollar and a weak yen" Five of six MPC members: "H
Korea, US mount joint response to stabilize FX Bessent offers unusual support for defending the exchange rate Bank of Korea ends 'rate-cut cycle' The government said on the 15th it would introduce new macroprudential regulations if the won-dollar exc
7 in 10 Americans say they “can’t afford the cost of living” Trump pivots to “tackling living costs” ahead of the midterms Plan to cap credit-card rates at 10% hits financial stocks hard Goal of “$50 oil” rattles the U.S. crude industry as well In th
WTI rebounds to the $60 range… some see a “near-term touch of $70” Geopolitical risk index at highest since June last year Betting markets: “70%+ chance of a strike by the U.S. or others this month” LS Securities: “Tightening the screws on China’s oi
Iran’s anti-government protests continue Trump: “Stop executing protesters” Signals military intervention is on hold for now But does not fully rule out military action Aircraft carrier moving toward the Middle East Iran closes its airspace for about
Trump Steps Up Broad Pressure on the Pharma Industry Will a 100% Levy Become Reality As U.S. President Donald Trump signals broader semiconductor tariffs, analysts say steep product-specific tariffs on pharmaceuticals could be imposed in the near ter
On the 15th in Tokyo’s FX market, the yen-dollar rate traded in the mid-¥158 per dollar range. The yen strengthened by about ¥1 from the previous day. A fresh wave of yen buying—reflecting the possibility of government intervention—came in after Japa
Reference to 'rate cuts' removed from policy statement The Bank of Korea’s Monetary Policy Board (MPB) on the 15th left the benchmark rate unchanged at 2.50% per annum and removed language related to “rate cuts” from its statement. In the monetary po
"Delays in market launch must not cost us the golden window for financial transformation" The Korea Fintech Industry Association (KORFIN), a fintech industry group, called for a swift decision on licensing a "fractional investment over-the-counter (O
The Bank of Korea on the 15th held its key policy rate at 2.50% a year. The BOK held a Monetary Policy Board meeting on monetary policy at its headquarters on Namdaemun-ro in Seoul and decided to maintain the current level of interest rates. This mar
KOSPI hits an intraday record high of 4,749 points on the 15th Upside capped amid Middle East geopolitical jitters The KOSPI has extended its winning streak to 10 consecutive sessions since the start of the year, staging a record-high rally. As of 9:
US President Donald Trump has ordered a 25% tariff on certain advanced semiconductors that do not contribute to building the US technology supply chain and strengthening domestic manufacturing capabilities. According to the White House on the 14th (l
Attention is on whether the KOSPI, which for the first time ever has crossed the 4,700 threshold, can extend its rally. A broad selloff in tech shares led by Nvidia in the New York market is being flagged as a negative. According to the Korea Exchang
U.S. President Donald Trump signaled he is stepping back from plans for direct intervention in Iran. On the 14th (local time), speaking to reporters at a White House executive order signing ceremony, he said he had heard Iran “has no plans for execut
Venezuela’s interim president: “Spoke with Trump… discussed agenda for cooperation” Reporter Song-ryeol Lee, Hankyung.com yisr0203@hankyung.com
The Bank of Korea’s Monetary Policy Board (MPB) will adjust the policy rate. According to the financial sector on the 15th, the BOK will hold its first monetary policy meeting of the year this morning and decide the base rate. The market expects the
U.S. stocks ended lower amid mounting concerns over potential U.S. military intervention in Iran’s political turmoil. Tech and financial shares in particular underperformed. On the 14th (local time), the Dow Jones Industrial Average fell 42.36 points
The United States, Denmark and Greenland met to discuss the issue of Greenland, an autonomous territory of Denmark, but failed to find common ground. According to Reuters on the 14th (local time), US Vice President JD Vance and Secretary of State Mar
◆Seoul city bus strike ends after two days as wage talks reach agreement Wage and collective bargaining negotiations between labor and management for Seoul city buses have been concluded, and services resumed normal operations starting with the first
The USD/KRW exchange rate plunged in overnight trading after U.S. Treasury Secretary Scott Bessent said the won’s sharp weakening does not square with South Korea’s strong economic fundamentals. The Treasury said in a press release on the 14th that B
Analysis by Ahn Dong-hyun, professor at Seoul National University "The policy deck is already exhausted… we should have finished it in last month’s intervention" "Ammunition is only $28 billion… blaming retail ‘ant investors’ misses the point" Ahn Do
Korea’s EPS growth rate 54%… three times the U.S.; riding 'Samsung–Hynix' toward KOSPI 5,000 Semiconductor sprint… Korea ranks No. 1 in corporate profit growth KOSPI-listed firms’ EPS expected to surge 54% this year Of the 108 trillion won increase i
A rallying point emerges amid a fractured opposition As anti-government protests spread across Iran, Reza Pahlavi, the last crown prince of Iran’s monarchy, has emerged as a focal point for unity. Years of repression and purges of the opposition have
‘Money supply–weak won’ debate flares again BOK: “Driven by supply-demand factors more than money supply” Rebuttal: “Net FX outflows up 39-fold last year” South Korea’s ratio of broad money (M2) to gross domestic product (GDP) was found to be 2.2 tim
Supply-demand imbalance, yen weakness in focus Some cite excessive liquidity Market watches BoK governor’s message after tomorrow’s MPC meeting The won-dollar exchange rate has extended its daily gains since the New Year, moving to within striking di
Aggressive export diversification strategy pays off Gains in emerging markets…U.S. 20%↓, Africa 25%↑ Also seen as an upgrade to the trade structure China posted a record-high trade surplus last year despite an intense tariff war with the United State
As anti-government protests continue in Iran, the United States has repeatedly signaled its willingness to intervene, maintaining a posture that suggests it would not rule out even military action. Some analysts say Washington is effectively encourag
Jamie Dimon, CEO of JPMorgan, warned that “interest rates could rise if there is interference with the Fed,” commenting on the Donald Trump administration’s rhetoric targeting Jerome Powell, chair of the U.S. central bank (Fed). Speaking to reporters
Nickel prices, which had fallen on slowing EV demand and China’s construction downturn, have staged a sharp rebound, breaking above $17,000 per metric ton (t) for the first time in 15 months. The move follows an announcement by Indonesia—the world’s
As the won-dollar exchange rate has climbed again to near 1,480 won at the start of the year, voices are emerging—particularly in academia—that the Bank of Korea should be considering a hike in its policy rate. The argument is that narrowing the inte