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Trump’s Oil War (2) U.S. energy dominance solidifies U.S. becomes an oil-market ‘superpower’ U.S.·Venezuela Combined output 80% of OPEC Even global oil prices swayed at will The United States has emerged as a ‘superpower’ in the global oil market. It
Yeo Han-koo: “U.S. preparing to publish in the Federal Register” No gains even from meetings with Cho Hyun and Rubio Concerns are growing that the tariff hike on Korean-made products, previously flagged by U.S. President Donald Trump, will become rea
Closed-door meeting with the Digital Assets TF “If introduced, apply differentiated regulation by market share” As the government moves to cap the equity stakes of major shareholders in virtual-asset exchanges, exchange chiefs conveyed their concerns
Hankyung interview – Kim Sung-joo, Chairman of the National Pension Service, first interview since taking office “Equity rebalancing moratorium to end within the first half” “A temporary measure to boost returns” “To be reviewed again by the Fund Man
Stephen Miron, a member of the Board of Governors of the US Federal Reserve (Fed) and a close aide to US President Donald Trump, forecast that “the total amount of benchmark rate cuts this year will be slightly more than 1 percentage point.” In an in
Commodities Focus Demand persists for alternative investments to U.S. assets Gold posts biggest one-day gain in 17 years JPMorgan sees "$6,300 by year-end" "The world is on the verge of a capital war, and gold is still the best place to preserve mone
The United States, moving to bolster its hegemony in the Western Hemisphere, has established a Space Force component under U.S. Northern Command, which oversees Greenland. According to the US military news outlet Stars and Stripes on the 4th, the US
Agency size just one-ninth of that in advanced economies The scale of Korea’s government agency responsible for inspecting and supervising money-laundering crimes has been found to be as little as one-ninth that of major advanced economies. This is w
Burry: "Not serving as a hedge" Michael Burry, the protagonist of the film 'The Big Short' who predicted the 2008 financial crisis, warned that Bitcoin’s steep selloff could send shockwaves through broader financial markets. According to Bloomberg on
Major ETFs investing in gold and silver More than KRW 500 billion each has flowed in Uptrend driven by demand growth outpacing supply Countries increasing gold holdings as a safe asset Commodity prices expected to rise over the medium to long term Di
Platform Regulation Fast-Tracked, U.S.-Bound Investment Commitments Delayed Tariff Talks Stuck as U.S. Complains “Only Regulation Moves Fast” The recent passage in the National Assembly of the so-called “Anti-False and Manipulated Information Act” (a
Samsung Electronics' market capitalization has surpassed 1,000 trillion won for the first time ever. This is the first time a single stock on the Korean market has topped 1,000 trillion won in market cap. Its year-to-date share-price gain has also ov
Eleven Democratic senators on the U.S. Senate Banking Committee sent a letter to Committee Chairman Tim Scott (R) calling for the confirmation process for nominee Kevin Warsh to be put on hold until the Justice Department stops its investigations int
The head of a crypto asset-management firm who stood trial on charges of manipulating virtual-asset prices to reap illicit gains of around 7 billion won was sentenced to prison. The 14th Criminal Division of the Seoul Southern District Court (Presidi
After a recent sharp selloff, international gold prices are rebounding strongly. Reuters reported that as of 3:31 a.m. Korea time on the 4th, the international spot gold price rose 5.2% from the previous session to $4,906.82 per ounce, and was poised
Official resignation as Chair of the White House Council of Economic Advisers (CEA) 'For Warsh to become Fed chair, he must first become a Fed governor' Likely to take over Myron’s seat as Fed governor Myron may press ahead with rate cuts until Warsh
Digital finance platform Crypto.com announced on the 4th that it has officially launched its new prediction market platform, 'OG'. OG is a prediction market service that allows users to trade on the probable outcomes of a wide range of real-world eve
Over the course of 2025, gold prices rose 75% and silver surged as much as 145%. Silver, a key element for semiconductors and solar power generation, and gold, long believed by humanity to be an “immutable asset.” As these two precious metals posted
Supporting Global Fund Transfers via Stablecoins Circle, the issuer of the U.S. dollar-denominated stablecoin 'USDC,' announced that Hectofinancial has joined the stablecoin payments network 'Circle Payments Network' (CPN). On the 3rd (Korea time), C
Attention is on whether the KOSPI will rewrite its all-time high again on the 4th. The previous day, the KOSPI shook off the “Kevin Warsh shock,” surging 6.84% to set a fresh record. Still, with U.S. stocks in New York falling overnight, some expect
South Korean Foreign Minister Cho Hyun and U.S. Secretary of State Marco Rubio discussed ways to strengthen the ROK-U.S. alliance during their meeting, the State Department said. In a press release on the outcome of the talks between the two foreign
Fears grow that "AI could upend software vendors"…software stocks tumble across the board U.S. stocks in New York ended lower as concerns mounted that artificial intelligence (AI) technology could replace large swaths of the traditional software (SW)
South Korea’s Foreign Minister Cho Hyun began talks on the 3rd (local time) with US Secretary of State Marco Rubio. Cho met Rubio at 2 p.m. that afternoon at the US State Department headquarters in Washington, DC. Ahead of the meeting, the two posed
Where crypto-asset taxation stands today Where income arises, taxes usually follow. For now, however, capital gains realized by individuals from transferring crypto assets (e.g., Bitcoin) remain subject to a tax moratorium, with full-scale taxation s
◆Wall Street closes lower as tech stocks weaken Major U.S. stock indexes closed lower in tandem on weakness in technology shares. In early trading at the New York Stock Exchange, the Dow Jones Industrial Average fell 0.34% from the previous session,
Legendary investor Ray Dalio warned that, amid intensifying geopolitical tensions and unstable capital markets, the world is "on the brink of a capital war." According to CNBC on the 3rd (local time), Dalio, founder of Bridgewater Associates, said in
Slightly lower than Vietnam’s 20% and Southeast Asia’s 19% FT: “The US was likely pressured by India’s FTA deals with the EU” After protracted talks, the United States and India reached an agreement under which the US will lower tariffs on Indian goo
Trump’s oil war (1) Oil as leverage… a more muscular US energy hegemony Trump’s ‘oil war’… squarely targeting China and Russia India tariff cut 50→18% in return for halting purchases of Russian crude Cutting off funding to hit Russia’s economy while
A legendary investor who influenced two men “He routinely criticizes excessive fiscal deficits and argues for forceful anti-inflation policies” As Kevin Warsh, a former Federal Reserve (Fed) governor, is being tapped as a candidate for the next Fed c