Korea Economic Daily

Unstable international situation… Gold prices race back to record highs Major precious metals prices New York Mercantile Exchange as of the 5th International gold prices on the 5th (local time) are again rising to record levels. Precious metal prices

"Oil companies knew we were going to do something," he claimed U.S. President Donald Trump predicted that U.S. oil companies would re-enter Venezuela after President Nicolás Maduro is ousted and that it would take less than a year and a half to incre

"Won–dollar exchange rate of 1500 won is excessive…falling below 1400 won is also not easy" "Korea's labor and financial policies that deter foreign investment" "Concerns about inflation reignition ease…the Trump variable is a burden" The concerns of

Jensen Huang, NVIDIA CEO, said he will release a new autonomous vehicle developed with the German automaker Mercedes-Benz in Q1 of this year. On the 5th (local time), at the Fontainebleau Hotel in Las Vegas, a day before the opening of CES 2026, Huan

Right after market close, Jensen Huang CES keynote Closed slightly down as there were no surprise remarks yet NVIDIA closed slightly lower ahead of Jensen Huang, NVIDIA's chief executive officer (CEO), delivering a keynote at CES, the world's largest

Major indices on the U.S. New York market all rose. Although geopolitical tensions flared after the U.S. invaded Venezuela, the market appeared busy looking for beneficiary stocks. On the 5th (local time) at the New York Stock Exchange (NYSE), the Do

Manufacturing pain as new orders decline and tariffs raise input costs In 2025, marked by Trump's tariffs, U.S. manufacturing activity contracted by the largest margin in a year. New orders fell and input costs rose due to tariffs, prolonging the sec

Summit at the Great Hall of the People in Beijing on the 5th "China–Korea relations placed in an important position in peripheral diplomacy" "Surpass social systems to achieve common development" Chinese President Xi Jinping met with President Lee Ja

President Lee Jae-myung, on a state visit to China, held a summit meeting with Chinese President Xi Jinping in Beijing on the afternoon of the 5th. This was the second time President Lee has sat down with President Xi in person, following a meeting h

US pressures 'leftist governments in Latin America' after successful ouster of Maduro Shift from 'non-interventionism' Increased surprise use of force in second term NYT: "Explicit declaration of gunboat diplomacy" Trump: "Greenland needed for securi

Impact of expectations of increased Venezuelan oil production Although geopolitical tensions escalated due to the United States' arrest of Venezuela's president, international oil prices instead fell. According to Bloomberg, Brent crude futures, the

Emphasized "bold investment" at New Year's press conference 10-year yield at an annual 2.1% amid fiscal expansion stance Japan's 10-year government bond yield exceeded an annual 2.1%, marking the highest level in 27 years. This was due to rapid yen d

The Donald Trump administration posted a warning phrase meaning 'mess around and you'll die' on its official social media after ousting Venezuelan President Nicolás Maduro. According to Instagram, the White House's official account on the 3rd (local

Delcy Rodríguez, the vice president who became acting president after Nicolás Maduro, the president of Venezuela, was ousted by U.S. force, publicly requested cooperation from the United States. This marked a change from her previous stance of showin

Elon Musk said he supports the Trump administration's capture of Venezuelan President Nicolás Maduro and announced he would provide SpaceX's satellite internet service Starlink free of charge to the people of Venezuela for one month. On the 4th (loca

"Short-term upward pressure on oil prices possible" "Long-term downward stabilization expected" On the 3rd (local time), the United States attacked Venezuela, arrested President Nicolás Maduro and transported him to the United States, drawing market

Nicolás Maduro, the President of Venezuela, who was arrested by U.S. forces and detained at a federal detention center in New York, is scheduled to appear in a U.S. court for the first time on the 5th (local time). According to U.S. media including T

During the U.S. arrest of Venezuelan President Nicolás Maduro, most of President Maduro's security team were reportedly killed by U.S. troops. On the 4th (local time), according to The New York Times (NYT) and others, Vladimir Padrino, Venezuela's mi

U.S. President Donald Trump said on the 4th (local time) that he warned Venezuela Vice President Delcy Rodriguez, who assumed the role of head of state in place of former President Nicolás Maduro, "If you do not behave properly, you could pay a great

"U.S., huge dollar-denominated external debt If tariffs raise the dollar's value, it's a boomerang" The hot topic among economists attending the 2026 American Economic Association (AEA) annual meeting, which began a three-day schedule in Philadelphia

Maduro, Venezuelan president and his spouse, transported to the U.S. The United States on the 3rd (local time) arrested long‑time Venezuelan leader Nicolás Maduro through a sudden military operation and transported him to the United States. The opera

The U.S. airstrike on Venezuela and the sudden arrest of President Nicolás Maduro have been interpreted as a warning message to China, and some analysts say this could expand the front of the two countries' hegemonic competition — which had mainly fo

Seemingly mindful of President Lee Jae-myung's visit to China The Joint Chiefs of Staff said that on the morning of the 4th at around 7:50 a.m., North Korea fired several projectiles suspected to be ballistic missiles into the East Sea. It was the fi

NH Investment & Securities suggests "KOSPI index 4100~4350" Expectations for CES and J.P. Morgan events due to the 'January effect' Focus on physical AI and pharmaceutical/biotech-related sectors The securities industry (street) expects that the dome

On the 3rd (local time), the U.S. government arrested Venezuelan President Nicolás Maduro and his wife and transferred them to New York. Amid growing controversy over whether the act is permitted under international law, the U.S. Department of Justic

After the U.S. airstrike on Venezuela and the arrest of President Nicolás Maduro, Venezuelan Vice President Delcy Rodríguez said that Maduro is "our only president." Vice President Rodríguez said at an emergency cabinet meeting broadcast on Venezuela

After carrying out military operations against Venezuela, U.S. President Donald Trump said the United States plans to directly operate Venezuela during the interim governance period. On the 3rd (local time), President Trump held a press conference at

"A tariff war is undermining the advantage the United States enjoys as the issuer of the reserve currency." (Oleg Itskhoki, Professor, Harvard University) The American Economic Association (AEA) 2026 annual meeting, which began a three-day session on

The United States announced on the morning of the 3rd (local time) that it had conducted an airstrike on Venezuela and taken Venezuelan President Nicolás Maduro captive, amid suggestions that the U.S. may have used the incident as a 'warning to China