Korea Economic Daily

Re-elected as the 105th prime minister after a landslide election victory ‘Sanaenomics’ on the back of a strong governing mandate Push to set the consumption tax on food to 0% for two years Exports of weapons to third countries; introduction of attac

System already in development…discussions underway with allies The United States is moving to introduce a minimum-price regime for critical minerals as it seeks to block China’s low-price offensive. The plan is said to have moved well beyond the conc

Semiconductor INSIGHT Exclusive interview with NVIDIA CEO "We are at the outset of an infrastructure project worth tens of trillions of dollars" Chimaek with SK engineers…"One team with Korea’s semiconductor industry" "There is no artificial intellig

KOSPI ‘Top 10’ weight tops 50% Two semiconductor heavyweights drive the index ‘Large-cap focused’ investors in their 60s and 70s rank No. 1 in returns In South Korea’s stock market, the combined weight of the top 10 companies by market capitalization

Anthropic unveils enterprise AI Adds legal functions to 'Claude CoWork' Fears spread of SW replacement in specific fields Shares of marquee companies tumble one after another Money rotates into non-tech names Jensen Huang: "Just an illogical worry" A

A signal that sandbox experience alone is not enough Scores diverged on capital, business plans and governance STOs are a separate step, drawing a line against a distribution license The Financial Services Commission’s (FSC) preliminary licensing dec

Elon Musk, CEO of Tesla, posted a recruitment notice seeking South Korean semiconductor talent on his social media account. On the 16th, Musk retweeted Tesla Korea’s job posting on his X account. Adding a South Korean flag emoji, he wrote, "If you li

"We have not lowered our guard for a moment." Atsushi Mimura, vice minister of finance for international affairs at Japan’s Ministry of Finance, stressed on the 12th that authorities remain on alert over the yen’s weakness. That day, the yen–dollar r

Additional arms sales to Taiwan: "Decision soon" U.S. President Donald Trump on the 17th (local time) said the nuclear talks between the United States and Iran to be held in Geneva would be "very important," adding that he would also be indirectly in

Some embassies in Asia have already raised tens of billions of won Critics also ask, “Does this help America’s image?” U.S. diplomatic missions overseas have launched efforts to raise large donations from companies in their host countries, in line wi

Talks between the two sides scheduled in Geneva on the 17th Ahead of negotiations, US steps up pressure on Iran Two aircraft carriers deployed near Iran Trump also floats regime change in Iran The Donald Trump administration is ratcheting up pressure

Reported by US broadcaster CBS "US considers options including aerial refueling support for Israel" US broadcaster CBS reported on the 15th (local time) that US President Donald Trump had indicated he would support Israel striking Iran’s ballistic mi

Fears of a return of “crypto winter”…withdrawal suspensions revisited Roubini, who foresaw the global financial crisis, warns markets again Nouriel Roubini, an emeritus professor at New York University known as “Dr. Doom” for predicting the 2008 glob

Momentum for a renewed weakening of the yen is fading. Despite speculative yen selling triggered by Sanae Takaichi’s administration’s proactive fiscal stance—at times pushing the currency close to the early threshold of a “historic yen slump” near 16

Shares of Coinbase Global, the largest cryptocurrency exchange in the US, surged nearly 20% on the 14th despite the headwind of weak earnings. Investors moved in to buy on expectations that cryptocurrencies have bottomed out and will rebound, and on

An analysis suggests that the U.S.-driven tariff standoff is moving beyond President Donald Trump’s capriciousness and into a phase of calibrated pressure. While Trump has displayed impulsiveness—raising tariffs after taking issue with an opponent’s

Brokerages forecast that the KOSPI will extend its upswing after the Lunar New Year holiday (16–18). They say the market’s recent sharp volatility instead had the effect of pricing in pre-holiday uncertainty. As a result, analysts expect upward press

"In 2020, political momentum was exhausted, weakening policy drive" Kim Yong-beom, senior presidential secretary for policy at Cheong Wa Dae, said on the 14th that “the situation is different from 2020” in response to some concerns over the Jan. 29 h

Kbank, AXBIS and ESTEEM line up after the Lunar New Year holidays IPO market also gets a tailwind amid a stock-market rally Brokerages: “2026 will be a bumper year for IPOs” The IPO market, which had been quiet for some time, is expected to heat up a

“We have everything ready—taxation, supply, all of it” “President Lee wants the party and government to operate as ‘one team’ on legislation and policy” Kang Hoon-sik, chief of staff to President Lee Jae-myung, said on the 14th that “we have a great

Fees to be levied on all foreign-built vessels in proportion to cargo tonnage, adding another burden on top of tariffs New rule to mandate a set share of U.S.-bound containers be carried on 'U.S.-built ships'—a 'second Jones Act' The Donald Trump adm

The three major U.S. stock indexes on the New York Stock Exchange ended the session mixed. Investor sentiment was weighed down by fears that artificial intelligence (AI) could hit industries across the board, though bargain hunting appears to have be

Trump’s ‘Genesis Mission’ announced last November U.S. Department of Energy unveils plans for 26 strategic areas on the 12th The U.S. Department of Energy (DOE) on the 12th (local time) unveiled key initiatives under the ‘Genesis Mission’ announced l

Concerns grow that AI could replace business models Real estate services firm CBRE down 9% Concerns that artificial intelligence (AI) could threaten business models are spreading beyond software to real estate, wealth management and logistics. The sp

$15.8bn wiped off Indian IT market cap in a single day Elon Musk, CEO of Tesla, said advances in artificial intelligence (AI) would render human coding proficiency meaningless. Following the remarks, India’s leading IT companies saw more than 21 tril

On Feb. 12 (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average fell 669.42 points (1.34%) from the previous session to 49,451.98, the Standard & Poor’s (S&P) 500 slipped 108.71 points (1.57%) to 6,832.76, and the Nasd

Remarks related to US energy exports South Korea: "There was no specific agreement" Government pushing coal phaseout left 'in a bind' US President Donald Trump said on the 11th (local time) that he had struck a “historic trade deal to dramatically in