Korea Economic Daily

China has effectively left the Loan Prime Rate (LPR), which serves as a benchmark lending rate, unchanged for six consecutive months. The People’s Bank of China on the 20th kept the 1-year LPR, which serves as the benchmark for general loans, at an a

Recapture of the 4,000-point KOSPI, return to '100,000-won stock' Taiwan 3.2% Japan 2.6% rebound "AI bull market" vs "gains will be limited" The leading AI stock Nvidia released optimistic earnings guidance (its own forecast), and Asian markets, whic

Investment bank (IB) Goldman Sachs raised its price target for NVIDIA, which posted strong third-quarter results. On the 20th, Goldman Sachs raised NVIDIA's price target from $240 to $250. It maintained a 'Buy' rating. It assessed that there is about

LPR 1-year at 3%·5-year at 3.5% maintained "Households and firms worry about debt amid uncertainty" Caution on rate cuts gaining traction China has held its benchmark policy rate for 6 consecutive months. The People's Bank of China on the 20th kept t

[Breaking] China holds LPR, the 'de facto benchmark rate' unchanged…1-year 3.0%·5-year 3.5% Park Subin Hankyung.com reporter waterbean@hankyung.com

The three major New York indexes closed higher. On the 19th (U.S. Eastern Time) at the New York Stock Exchange, the Dow Jones Industrial Average closed at 46,138.77, up 0.1% from the previous trading day. The Standard & Poor's (S&P) 500 index rose 0.

Q4 revenue $65 billion…"AI order backlog surges" Data center revenue drives results at $51.2 billion Jensen Huang "Blackwell sales explosive, cloud GPUs sold out" NVIDIA has once again broken its quarterly record. NVIDIA announced on the 19th (local

"Honestly, I want to fire Powell" "If you can't persuade [him] to cut rates, I'll fire the Treasury Secretary too" U.S. President Donald Trump publicly said on the 19th (local time) that he wants to fire Jerome Powell, chair of the U.S. central bank

Minutes: "Many saw holding rates in December as appropriate" Views split between slowing employment and inflation risks The U.S. central bank (Fed) appeared to have significant disagreements among officials during the process of cutting the policy ra

Financial regulators move to revise regulations Share exchange ratio likely 1 to 3 Final confirmation at the board meeting on the 26th Only some shareholder consent remains at the general meeting Financial regulators: "Considering global trends we wi

'Epstein documents disclosure bill' passes U.S. Congress Approval rating falls to the 30% range Signs of MAGA internal split emerge Trump: "Vote in favor of the bill" House 427 to 1, Senate unanimous Documents disclosure, only presidential signature

Bank of America survey Average cash holdings only 3.7% Possible market correction within 3 months More than half of global fund managers appear to perceive that 'artificial intelligence (AI)-related stocks have entered a bubble.' Bank of America (BoA

Expanded from US$600 billion support to US$1 trillion Joining the U.S. to accelerate the shift away from an oil-dependent economy Trump Approves Sale of F-35 Fighter Jets Civil nuclear energy cooperation also strengthened The United States has agreed

Global markets are undergoing a correction amid debate over an artificial intelligence (AI) bubble, and the volatility index, known as the 'fear index,' is surging. On the 19th, according to the Korea Exchange, the KOSPI200 volatility index (VKOSPI),

Oracle lost KRW 461 trillion in market cap in two months Concerns over vendor financing grow Oracle's market cap evaporated at a scale comparable to U.S. GE Broadcom and AWS also on a downward trend OpenAI, which was nicknamed the 'Midas' touch' for

Dow·S&P500 down for a fourth trading day Caution grows on expectations of a U.S. rate pause Bitcoin briefly falls below the $90,000 level Amid lingering debate over a possible bubble in AI-related stocks, the three major U.S. stock indexes in New Yor

Entrenched high exchange rate Retail investors shaking the foreign exchange market 150 trillion won moved to the U.S. market… 'Seohak Gaemi' that shook the exchange rate Increasing overseas investment despite a KOSPI boom This year's dollar exchange

Ahead of the December monetary policy meeting First meeting between Ueda and Takaichi Prime Minister Sanae Takaichi held her first meeting with Bank of Japan Governor Kazuo Ueda since taking office. With speculation that the Bank of Japan could raise

With the won–dollar exchange rate settling in the mid-to-high 1,400 won range, Deputy Prime Minister and Minister of Economy and Finance Koo Yoon-cheol met with export companies and requested cooperation to stabilize the exchange rate. According to t

BOK Governor Lee Chang-yong, BBC interview "New opportunities for the South Korean economy" South Korea's AI industry strong in both hardware and software If technologies such as physical AI advance Demand for existing semiconductor chips will also i