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Major Wall Street indexes extended a relief rally as concerns over U.S.-Europe tariffs eased amid a de-escalation in tensions over Greenland’s annexation. On the 22nd (local time), at the New York Stock Exchange (NYSE), the Dow Jones Industrial Avera
House committee passes 'AI oversight' bill Dealings with China, North Korea, Russia, etc. Would require Commerce Department approval on a case-by-case basis A proposed “AI oversight” bill designed to allow Congress to intervene when advanced artifici
“We got everything we wanted” NATO agrees on ‘Arctic framework’ U.S. President Donald Trump on the 21st (local time) rescinded tariffs he had planned to impose on eight European countries that oppose the U.S. annexation of Greenland. He said the move
Unusual mention of a specific FX level Mixed takes: "gaffe" vs. "extraordinary measures" Likely to step in with FX reserves Speculation also of shake-up in MoFE’s international finance line After President Lee Jae-myung said at a New Year’s press con
KOSPI makes new history for the first time in 46 years…experts’ outlook "Korea premium— even 5,000 is cheap" vs. "up 1,000 points in three months—overheated" Profit outlook improving for semiconductors, autos and defense PER of 10x signals undervalua
FSC repeatedly delays submission of the bill ‘Dispersed ownership’ emerges as a new flashpoint Pushing to cap controlling shareholders at 15–20% Five major exchanges including Upbit targeted by regulation Industry: “Forced, artificial stake sales vio
Without transferring Greenland’s sovereignty Possibility of a ‘perpetual lease’ by the U.S. “Blocking Russia and China’s military influence” New York stocks also in a ‘TACO trade’ Indexes rebound across the board after tariff rollback Analysts say U.
Impact of AI semiconductors Global tin prices have been climbing sharply since the start of the year, surpassing the $50,000-per-tonne threshold for the first time on record. The move reflects a confluence of surging demand for artificial intelligenc
Brokerage research heads weigh in on the long-awaited KOSPI 5,000 era “Semiconductor bellwethers’ fundamentals remain solid…ample room for further gains” The era of “KOSPI 5,000” has arrived. After staging a record rally last year on the back of stro
Samsung Electronics renews intraday record high Samsung Electronics and SK hynix are rising in tandem. The move is seen as driven by a surge in the Philadelphia Semiconductor Index on U.S. markets after the impact of scrapping the “Greenland tariffs.
The KOSPI index has broken above the 5,000 mark. According to the Korea Exchange on the 22nd, the KOSPI was up 1.87% at 5,001.97 as of around 9:01 a.m. It hit the long-awaited 5,000 level shortly after the open. Samsung Electronics and SK hynix, bell
Annual growth barely holds at 1.0% Construction posts ‘worst report card’ since the FX crisis The economy contracted sharply in the fourth quarter of last year. Facility investment and construction investment retreated significantly, and exports also
The so-called ‘Maple–Yuan Deal’ between Canada and China is shaking the global economy. That is because one of the United States’ closest allies—and a member of the G7 (Group of Seven)—has moved to deepen cooperation with China, which remains in conf
◆ Trump: 'Greenland is our territory… we want immediate talks and won’t use force' U.S. President Donald Trump on Jan. 21 (local time), in a speech delivered in the heart of Europe, reaffirmed his determination to make Greenland—an autonomous territo
Stocks slide, bond prices rise, prompting tariff withdrawal U.S. President Donald Trump said on Jan. 21 (local time) that he had "decided not to impose" tariffs that were set to take effect on Feb. 1 against eight European countries, sending equities
President Lee’s New Year’s press conference…lays out ‘five growth strategies’ Unusual remarks on the exchange rate…“hard to reverse with policy” “Real-estate tax regulation is not desirable…a last resort” President Lee Jae-myung said on the 21st that
127-page lower-court opinion shows 'fierce disputes' Even if invalidated, refunds may not be addressed A ruling by the U.S. Supreme Court on whether the Donald Trump administration’s reciprocal tariffs are lawful is being delayed. Expectations had bu
Japan’s political parties compete on ‘consumption tax cuts’ without funding plans Zeroing the food consumption tax would cut annual revenue by 5 trillion yen Fiscal deterioration fears... ultra-long yields hit record highs On the 20th, yields on Japa
Danish pension fund AkademikerPension has decided to sell all of its U.S. Treasuries holdings—about $100 million—by the end of this month. As U.S. President Donald Trump, who is in conflict with Europe over the annexation of Danish territory Greenlan
U.S. Treasury Secretary Scott Bessent said on the 20th (local time) that it is “very difficult to separate the spillover effects from Japan” when assessing the sharp jump in long-term U.S. interest rates. He pushed back against the view that Presiden
Amazon CEO first acknowledges tariff impact Findings also show “96% of tariffs absorbed in the U.S.” An assessment has emerged that U.S. President Donald Trump’s tariff policy is beginning to materially push up consumer prices. The chief executive of
Hyundai Motor jumps 14%, Alteogen 'falls' 22% The KOSPI set a new record high on a closing basis. It fell early in the session as concerns flared over the risk of a U.S.-Europe trade war, but heavy inflows from foreign and institutional investors fol
Kim Min-seung’s ₿-ficial The shadow of the high-growth era: Is “status-based regulation” still valid? What is regulation? Its original purpose is to establish order and promote the sustainable development of markets and society. If so, have the vario
President Lee Jae-myung on the 21st stressed that it is “not even possible” that the government is considering forcing Korean citizens to sell their overseas stocks. Speaking at a New Year’s press conference at Cheong Wa Dae earlier in the day, Lee m
FX rate falls into the 1,470 won range President Lee: “The exchange rate will likely drop to around 1,400 won in a month or two” After opening lower, the KOSPI turned higher and at one point during the session regained the 4,900 level, supported by i
President Lee Jae-myung said on the 21st, "According to the relevant responsible authorities, they are forecasting that the won-dollar exchange rate will drop to around 1,400 won per dollar in a month or two." At a New Year press conference held that
President Lee Jae-myung on the 21st commented on the won-dollar exchange rate, which has risen to around 1,480 won, saying, "If there were special measures, we would have already taken them," adding that "the government is implementing many useful po
The won-dollar exchange rate has climbed back above 1,480. The move is seen as driven by increased demand for safe-haven assets as tensions between the United States and Europe intensify. As of 10 a.m. on the 21st, the won-dollar exchange rate stood
Shares of companies tied to steel pipes used in oil and gas field development are surging. The move follows remarks by U.S. President Donald Trump, who said in a briefing marking the first anniversary of his return to the White House that he had laun
KOSPI opened lower amid U.S.-driven negative news flow. Investor sentiment appears to have weakened as tensions between the United States and the European Union (EU) over Denmark’s Greenland escalated. However, the decline is narrowing as buying by f