Korea Economic Daily

Lee Chang-yong, governor of the Bank of Korea, said it was "a relief" that the won-dollar exchange rate has fallen back to the 1,430-won range. "Since November, the currency has depreciated far more than what I thought was appropriate," he said, addi

Wall Street shifts focus to AI profitability Meta posts $59.8bn in Q4 revenue EPS jumps… up 11% in after-hours trading Profitability metrics such as revenue per user improve Microsoft falls 6% despite 17% revenue growth Azure cloud revenue slowdown c

After Trump, the U.S. Treasury piles on pressure U.S. Treasury Secretary Scott Bessent said on the 28th (local time) that there would be "no trade deal with South Korea" until South Korea’s National Assembly passes a special bill on investment in the

Around 6 p.m. on the 28th (local time), as dusk fell, the area in front of the National Museum of Asian Art (NMAA) near the National Mall in Washington, DC, was quietly bustling. Large black vehicles repeatedly pulled up to drop off guests and drove

Rules to Notify Sanctions on Former Employees Also Introduced Going forward, entry regulations will be tightened so that, when virtual asset service providers file registration reports, authorities can review major shareholders’ criminal records, fin

"Even if China grows stronger, it will not threaten other countries" China moves to spotlight the British prime minister on his first visit in eight years Stresses genuine multilateralism, signals intent to strengthen ties Chinese President Xi Jinpin

To be used to acquire global financial firms and exchanges Bold investment using $20 billion from five years of Mirae Asset Group operating profit and proceeds from SpaceX and xAI exits Personally overseeing M&A worldwide…setting up a VC in San Franc

President Lee Jae-myung likened the domestic stock market to a department store, underscoring his determination to weed out insolvent companies and crack down sternly on unfair trading. In a post on his official social networking service (SNS) accoun

January FOMC keeps benchmark rate at 3.5–3.75% “U.S. economy expanding at a solid pace” Powell avoids comments about the Trump administration The U.S. central bank (Fed) held its January Federal Open Market Committee (FOMC) meeting on the 28th (local

Russia said it is not ruling out a summit itself between President Vladimir Putin and Ukrainian President Volodymyr Zelensky, but stressed that any meeting must be one capable of delivering tangible results. According to TASS on the 29th, Yuri Ushako

The KOSPI has turned lower intraday and is trading back in the 5,100 range. The KOSDAQ index is seesawing sharply. As of 11:09 a.m. on the 29th, the KOSPI is down 26.64 points (0.52%) from the previous session at 5,144.17. The index set a new all-tim

The Bank of Korea (BOK) said that uncertainty over the next Federal Reserve (Fed) chair nomination timetable is likely to persist, citing continued uncertainty surrounding the monetary-policy path. The central bank appears to be assessing that the di

FSC holds off twice on 'STO OTC exchange selection' Tilting toward 'reopen a separate agenda subcommittee for renewed deliberations'…likely to present a compromise South Korea’s Financial Services Commission (FSC) has been caught in a dilemma over pr

BOK seen holding for a sixth straight meeting, keeping a 1.25%p rate gap As the US central bank (Fed) has paused cuts to its policy rate, the Bank of Korea is also increasingly likely to keep rates on hold for the time being. On the 28th (local time)

Samsung Electronics announces Q4 and full-year results for 2025 Q4 operating profit 20.0737 trillion won… revenue about 94 trillion won Full-year operating profit 43.6011 trillion won… revenue 333.7 trillion won Strong HBM sales and rising memory pri

The three major U.S. stock indexes ended mixed. Ahead of earnings releases, tech and semiconductor shares advanced, pushing the Standard & Poor’s (S&P) 500 above the 7,000 level for the first time intraday. However, it gave up gains and finished near

Concerns are mounting that rising government debt in low- and middle-income countries could become a flashpoint for the global economy. The worry is that it is eroding the world economy’s underlying fundamentals. Some analysts also warn it will dampe

◆ US Treasury Secretary: "No trade deal until Korea’s National Assembly approves" US Treasury Secretary Scott Bessent said in a CNBC interview on the 28th (local time) that “because Korea’s National Assembly has not passed the trade agreement, there

"Won’t comment" on Trump pressure, etc. "U.S. economy shows solid growth" "Inflation and employment-cooling risks have eased, but have not fully disappeared" Federal Reserve Chair Jerome Powell on the 28th (local time) struck a cautious tone, refrain

U.S. Treasury Secretary Scott Bessent said on the 28th (local time) that “because South Korea’s National Assembly has not passed the trade deal, there is no trade deal with South Korea until they ratify it.” Bessent made the remarks in response to a

"Paul Volcker also previously attended a Supreme Court hearing" Federal Reserve Chair Jerome Powell said that his decision to attend a Supreme Court hearing related to Governor Lisa Cook came amid political controversy, adding that he judged it to be

"Unemployment rate at 4.4% with little change for several months" "Inflation is somewhat elevated relative to the 2% long-run goal" "Jobs down by 22,000 a month…labor demand clearly weakening" Jerome Powell, chair of the U.S. central bank (Fed), said

Invitational meeting with foreign-invested companies "Toward a governance structure where shareholders are treated properly… Geopolitical risks on the Korean Peninsula will disappear" "Set up a presidentially overseen Regulatory Rationalization Commi

In 2022, BAYC (Bored Ape Yacht Club) non-fungible token (NFT) No. 8817 traded for $34 million (about 48.3 billion won). That was 180,000 times its initial sale price a year earlier (about $190). Yuga Labs, the blockchain company founded by artists, i