Korea Economic Daily

Koscom said on the 3rd that it has implemented an organizational reshuffle to respond flexibly to changes in the capital markets environment and secure future growth engines. The key pillar of the reshuffle is the expansion and reorganization of the

A sell-side “sidecar” curb — a temporary halt to program sell orders — was triggered for the first time in about a month after the KOSPI plunged on the 3rd. According to the Korea Exchange, program sell orders were suspended for five minutes at aroun

A sell sidecar—temporary suspension of program sell orders—was triggered on the KOSPI on the 3rd as the market tumbled. It was the first time in a month, since Feb. 6. According to the Korea Exchange, at around 12:05:53 p.m. that day, program sell or

As tensions in the Middle East rapidly escalated, the U.S. government urged its citizens staying in 14 countries in the region—including Iran and Israel—to leave immediately. According to Reuters and other sources on the 2nd (local time), the U.S. St

KOSPI opens lower near 6,160 on reports of ‘Iran airstrikes’… won-dollar rate jumps 22 won Noh Jeong-dong, Hankyung.com reporter dong2@hankyung.com

US Secretary of State Marco Rubio warned that military operations against Iran would intensify further, while making clear that regime change is not the objective of the campaign. Ahead of an Iran strike briefing on 2 (local time) at the US Capitol i

U.S. stocks ended mixed on Wall Street, holding up despite U.S. and Israeli strikes on Iran. On the 2nd (local time), at the New York Stock Exchange, the Dow Jones Industrial Average closed down 73.14 points (0.15%) from the previous session at 48,90

International gold prices rose slightly on the 2nd (local time) as demand for safe-haven assets increased amid heightened tensions in the Middle East following the launch of a US and Israeli military operation against Iran. According to Reuters, as o

◆ New York stocks end mixed…market judges “uncertainty removed” On the first trading day after the large-scale U.S. and Israeli military operation against Iran, major New York stock indexes ended mixed on the 2nd local time. The Dow Jones Industrial

Asked whether he would change his investment strategy “I won’t change a single trade” Investor Steve Eisman, known for the film ‘The Big Short,’ argued that in response to the U.S.-Iran war, investors do not need to overreact to short-term shocks and

European benchmark gas price posts biggest jump in four years Iran steps up airstrikes on US allies in the Middle East Qatar, a major producer of liquefied natural gas (LNG), has halted operations at the world’s largest LNG production facility follow

Fires break out across Dubai, the 'New York of the Middle East' Gulf states condemn 'treacherous attack' Iran claims it is "trying to strike only military facilities" Foreign ministers from Gulf countries including the United Arab Emirates (UAE), Qat

Names including Larijani, SNSC secretary-general, floated The stability of Iran’s system is seen as hinging on who succeeds Ayatollah Ali Khamenei, who was killed in U.S. and Israeli airstrikes. According to Iranian government officials and other sou

Oil briefly tops $82 on fears the Strait of Hormuz could be closed U.S. Nasdaq and S&P stock index futures fall more than 1% Oil prices surged on the 2nd (local time) amid conflict in the Middle East, while global equities fell in unison. Demand for

The won-dollar exchange rate is expected to jump sharply this week as the fallout from the war between the United States and Iran spreads. The longer-term direction is likely to depend on how long the war lasts. According to the Seoul foreign exchang

DEEP INSIGHT Key watch points for China’s biggest political event, the “Two Sessions,” opening on the 4th–5th Will it unveil a “4%-handle growth target” for the first time ever? Slowdown, weak domestic demand cloud export outlook Cutting below 5% cou

Iran crisis blocks air and sea routes… global economy ‘shaken’ Hormuz closure hits supply chains… Brent tops $80 a barrel Asian stocks fall… war clouds spread across the region as Hezbollah joins in Air and maritime transport across the Middle East i

The age of 'monthly rent'…More than half of Seoul apartment lease deals Monthly-rent share at 55%…overtakes jeonse Nearing 70% when villas and studio units are included Hollywood star Angelina Jolie signed a jeonse contract in 2019 for an apartment n

Police have launched checks after receiving a report from someone claiming to be the culprit who stole virtual assets seized by South Korea’s National Tax Service (NTS). The National Police Agency’s Cyber Terror Response Division said it received the

Ed Yardeni: "If the U.S. attack on Iran ends quickly, it could be positive for the global economy and equities" S&P 500 target: 7,700 this year Gold target: $6,000 per troy ounce A forecast has emerged that the latest U.S. attack on Iran could, if it

Reuters-Ipsos joint poll 27% of US respondents support airstrikes on Iran Only one in four Americans is said to support the recent US military strikes against Iran. According to a Reuters-Ipsos joint poll released on the 1st (local time), just 27% of

U.S. strikes on Iran weigh on New York stocks February jobs report also in focus Attention on China’s economic blueprint to be unveiled at the Two Sessions New York stocks this week (2–6) are expected to see heightened volatility amid U.S. strikes on

"Hezbollah fires rockets and drones at Israel" Israel retaliates with airstrikes…""Explosions heard in Lebanon’s capital" Hezbollah, the Lebanese armed political group, said it began striking Israel on the 2nd (local time) in retaliation for U.S. and

Japanese stocks, which opened amid a situation in which the United States attacked Iran together with Israel, plunged early on the 2nd. Japan’s benchmark Nikkei 225 fell as much as 2.7% early in the session before paring losses to under 1%. As of 10:

International oil prices surged after Iran was attacked by the United States and Israel. That was because the Islamic Revolutionary Guard Corps (IRGC) blocked the Strait of Hormuz, through which roughly a quarter of global seaborne crude cargo volume

Choi Su-jin, Hankyung.com reporter naive@hankyung.com

After U.S. bases, hotels and airports also hit Flames erupt across Dubai, symbol of oil wealth Gulf states’ emergency meeting warns of a "military counterstrike" Foreign ministers from Gulf countries including the United Arab Emirates (UAE), Qatar an

Japan’s three major shipping lines halt transits through the Strait of Hormuz Japan’s three major shipping companies have suspended voyages through the Strait of Hormuz following U.S. and Israeli air strikes on Iran. According to the Nikkei on the 2n