Korea Economic Daily

The headline index looks calm But individual stocks and sectors are on a roller coaster Algorithms, hedge funds, leveraged ETFs, etc. Flows and momentum—not fundamentals—are driving prices The ‘safety valve’ of buybacks is weakening The U.S. stock ma

Investors on guard ahead of major economic indicators A stock-specific market likely to persist rather than a broad index rally As the KOSPI enters a breather phase, attention is focused on whether it can extend its gains. According to the Korea Exch

The era of a 'great transformation' for AI in finance arrives Must consider issues around compliance with guidelines Key issues in the financial sector's 'AI guidelines' A new era of sweeping AI transformation is arriving in finance as well. Moving b

Major U.S. stock indexes ended mixed on concerns about an economic slowdown. On the 10th (local time) at the New York Stock Exchange, the Dow Jones Industrial Average rose 52.27 points (0.1%) from the previous session to close at 50,188.14. The Stand

In recent global financial markets, the dollar’s value has been holding at an unusually low level. Normally, when U.S. Treasury yields stay higher than those of other advanced economies, demand for dollars increases and the U.S. dollar strengthens. R

◆ Wall Street: Mixed close as consumer spending softens, raising slowdown fears The three major U.S. stock indexes finished mixed on the 10th local time. After sharp rebounds over the previous two sessions, concerns about an economic slowdown spread

On the 9th (local time), the U.S. government issued a maritime alert instructing U.S.-flagged vessels transiting the Strait of Hormuz to stay as far away as possible from Iranian territorial waters. The news heightened tensions in the Middle East and

Ad testing for Free and Go plans Context-aware targeted ads based on conversation analysis Aimed at covering AI infrastructure costs Altman hits back after Anthropic criticism User growth returns to 10% month over month OpenAI began running ads on th

Prosecutors have appealed the first-instance verdict in the case of the head of a coin management firm who was indicted on charges of manipulating virtual-asset prices to secure illicit gains. The Seoul Southern District Prosecutors’ Office said in a

Speculation has emerged that behind US President Donald Trump’s unusual pre-election endorsement of Japanese Prime Minister Sanae Takaichi ahead of Japan’s general election lie frustration over delays in Japan’s investment in the United States and ex

South Korea’s benchmark KOSPI rose more than 1% in early trading on the 10th, reclaiming the 5,350 level. The move is seen as a return of risk-on sentiment as U.S. stocks extended their rebound despite concerns over the profitability of artificial in

All three major U.S. stock indexes closed higher. As bargain hunting flowed into artificial intelligence (AI) tech shares, the Dow Jones Industrial Average notched a fresh all-time high. On the 9th (local time) at the New York Stock Exchange (NYSE),

◆Wall Street closes higher on tech rally…Dow hits record high The three major U.S. stock indexes finished higher. The Dow Jones Industrial Average set a new all-time high. On the 9th local time, the Dow rose 0.04% from the previous session to 50,135.

10-year JGB yield up 4bp to 2.27%; yen steady "If stimulus is emphasized, bond and yen selling could emerge" Japanese equities notched a fresh all-time high on the 9th (local time), buoyed by a resounding general-election victory for the ruling party

“It takes time to set the balance-sheet path that determines the reserves regime” Analysts: “QT could push up long-term yields, making tightening hard to sustain” U.S. Treasury Secretary Scott Bessent said he expects that even if Kevin Warsh, the can

"Warning over risks from volatility and concentration" "China has been cutting U.S. Treasuries, but holdings may have shifted to European custodians" Foreign holdings of U.S. Treasuries hit a record high at end-2023 Chinese authorities have advised f

LDP wins ‘landslide’ with 316 seats Nikkei jumps on expectations for expansionary fiscal policy 5-year JGB yield hits a record high KOSPI also rises 4.1% to close at 5,298 As the ruling Liberal Democratic Party (LDP), led by Japanese Prime Minister S

Most economists said Kevin Warsh, the nominee to be the next chair of the U.S. central bank (Fed), is unlikely to be able to deliver on his claim that productivity gains from the artificial intelligence (AI) boom will open the door to interest-rate c

WSJ assesses Iran’s missile arsenal “2,000 missiles within range of the Middle East” Iran’s ballistic missiles are seen as having emerged as a powerful “weapon” in nuclear talks with the United States. According to The Wall Street Journal (WSJ) on th

U.S. President Donald Trump said that Chinese President Xi Jinping would come to the White House around year-end. In an NBC interview aired on the 9th (local time), Trump said, "I will visit China in April," and made the remarks. NBC said the intervi

Samsung Electronics and SK Hynix are showing strong gains. The move comes after Jensen Huang, CEO of Nvidia, said concerns about excessive investment in artificial intelligence (AI) are overblown. As of 10:12 a.m. on the 9th, Samsung Electronics was

After Japan’s ruling Liberal Democratic Party (LDP) scored a landslide victory in the House of Representatives election (general election) on the 8th, the Nikkei 225 Stock Average—Japan’s benchmark equity index—set a new intraday all-time high. On th

Major U.S. news outlets said the ruling Liberal Democratic Party’s securing more than two-thirds of the seats in Japan’s House of Representatives election held on the 8th turned the “China factor” into a political tailwind for Prime Minister Sanae Ta

A forecast is emerging that South Korean equities on the 9th will attempt a rebound on the back of a tailwind from Wall Street in New York. In the previous session, the KOSPI closed at 5,089.14, down 74.43 points (1.44%) from the prior day. It plunge

Japanese Prime Minister Sanae Takaichi expressed her gratitude to U.S. President Donald Trump for publicly backing her. At around 12:30 a.m. on the 9th, Takaichi posted in English and Japanese on her X (formerly Twitter) account, writing, "I am since

Feb. 11: January U.S. nonfarm payrolls report Feb. 13: January U.S. Consumer Price Index (CPI) U.S. equities (Feb. 9–13) face a heavy slate of key economic releases this week. The January U.S. nonfarm payrolls report is due Feb. 11, followed by the J

With Japan’s general election just a day away, there is growing speculation that the Liberal Democratic Party (LDP) will keep its edge through the final stretch. Still, because the vote will be held in midwinter, attention is focused on how the weath

All three major US stock indexes surged in a broad-based rally fueled by bargain hunting. The Dow Jones Industrial Average crossed the 50,000 mark for the first time ever, setting a historic milestone. On the 6th (local time) at the New York Stock Ex