Korea Economic Daily

Recognition for contributions to blockchain-based financial innovation and the creation of related ecosystems NongHyup Bank announced on the 4th that it received the 2025 Blockchain Contribution Minister's Commendation in the group category, awarded

A decline in productivity has encouraged companies and households to invest abroad and thereby increased the shock to gross domestic product (GDP), according to an analysis. If domestic productivity falls by 0.1%, domestic investment decreases by 0.0

Kwon Dae-young, Vice Chairman of the Financial Services Commission, "KOSPI 5000... of course possible" "Among 10-year returns for real estate, deposits and stocks, stocks have the highest returns" "Should invest focusing on value stocks with high div

For long-term retirement pension investments, U.S. and Chinese ETFs are still the 'trend' The domestic stock market is hot. It feels like just yesterday people were surprised the KOSPI index passed 3,500, but it has exceeded 4,000 and reached 4,200,

The Bank of Korea attributed last month’s inflation rate of 2.4% to rising service prices such as travel·accommodation. It analyzed that travel demand from both domestic and foreign visitors increased significantly due to the long Chuseok holiday and

Major U.S. New York stock market indexes closed mixed. Technology stocks were strong amid optimism about the artificial intelligence (AI) industry. On the 3rd (local time) at the New York Stock Exchange, the tech-heavy Nasdaq Composite closed at 23,8

OpenAI Signs Cloud Infrastructure Contract With Amazon Web Services (AWS) Analysis: Seen as Part of IPO Preparations Amazon Stock Rises 4% OpenAI announced that it signed a $38 billion cloud infrastructure contract with Amazon Web Services (AWS) on t

◆ New York stocks closed mixed despite strength in tech stocks…Dow down 0.48% The three major U.S. stock indexes closed mixed. On the 3rd local time, the Dow Jones Industrial Average closed at 40,733.68, down 0.48% from the previous session; the S&P

South Korea's KOSPI surpasses 4,200 points for the first time US index futures also rise On the 3rd, global stock markets continued to rise, with South Korea hitting consecutive record highs, as investors grew optimistic about a US-China trade truce

London market recovers to $4,000 per ounce Chinese authorities announce "retailers will not be allowed to offset VAT on gold" China ended a tax rebate system for gold, sending international gold prices down more than 1% in Asian trading on the 3rd (l

Berkshire, no share buybacks through September 'Increasing cash holdings to prepare for uncertainty' Analyses cite 'judgment of market overvaluation', etc. Berkshire Hathaway, the investment firm led by Warren Buffett, has accumulated the largest amo

Encourage allies to adopt official currency Argentina, Egypt among candidates The Donald Trump administration is discussing a plan to induce other countries to adopt 'dollarization' (dollarization) as a major or official currency. It appears to be a

Ohad Topo, Chairman of TCK Investment Has risen to shoulder level including the US and Korea Should sell stocks to secure liquidity "The global stock market has become excessively overheated in a short period. It is time to realize gains on at least

Hot Pick! Overseas Stocks Robinhood becomes a 'must-have app' for U.S. investors Assets under management jump threefold in a year Expanding services such as cryptocurrencies User numbers surged as stock-market boom coincided Stock price up 272% on th

KOSPI closes at 4,221.87, up 2.78% Korea-U.S. tariff talks reach dramatic agreement Easing of U.S.-China trade tensions NVIDIA and AI alliance optimism Samsung reaches 110,000-won mark; SK Hynix hits 620,000 won Power equipment and eco-friendly power

Reaffirmed intention for nuclear tests in CBS interview U.S. President Donald Trump expressed on the 2nd (local time) that regarding the relationship with China, "I believe cooperating with them, rather than subduing them, will make us bigger, better

[Breaking] KOSPI, intraday again hits record high… above 4150 Ko Jeong-sam Hankyung.com reporter jsk@hankyung.com

As ETF investing becomes the 'trend' Passive managers like BlackRock grow in 'size' exponentially Absolute influence over companies In Korea, the National Pension Service 'dominates' "Passive investing," considered one of the most successful investme

APEC leaders adopt the Gyeongju Declaration…main framework for free trade preserved Countries held fierce debates through the night until the closing 'WTO acknowledged' in ministerial communique "Need to build a safe AI ecosystem" First leaders-level

President Lee holds a 95-minute summit with President Xi Jinping Lee: "Economic cooperation should be a horizontal structure" Xi: "An important neighbor we cannot move away from" Speed up FTA service and investment negotiations Strengthen strategic c

Last week the won–dollar exchange rate traded in a box range between 1,420 and 1,430 won, and in overnight trading on the 31st of last month it closed at 1,433 won, down 6 won 40 jeon from the previous week. The won–dollar exchange rate climbed above

It would not be an exaggeration to say that last week the stock market was 'NVIDIA's week.' On October 29 (local time), NVIDIA made corporate history by becoming the first company ever to surpass a market capitalization of 5 trillion dollars. It was

U.S. political sphere watched for whether the shutdown will end U.S. Supreme Court to hold oral arguments on tariffs Shanghai market may show volatility around inflation data The biggest issues for the New York market this week (3–7; local time) are

Orders of 100 million won or more surged 52% last month After the KOSPI surpassed 4000 for the first time ever last month and continued its rally, 'big' retail investors placing orders of 100 million won or more have increased their participation in

NH Investment & Securities "This week KOSPI expected to fluctuate between 3,900 and 4,100" "Rotation expected from semiconductors to defense, securities, and biotech" Brokers expect that this week (3–7) the KOSPI index will continue to contest around

Stablecoin-themed stock Hecto Financial Rallied 192% from April to June then fell 30% CEO Choi Jong-won: "Next year will be the first year of global expansion" Entering Singapore, Taiwan after Japan "Will enhance competitiveness through strategic M&A

Xi Jinping "Pioneer a new phase in bilateral relations" Promote communication of public sentiment through exchanges between the people South Korea and China pledged to improve relations in terms of the economy and private exchanges through a summit.

South Korea and China signed a won-yuan currency swap agreement. On the 1st, on the occasion of the summit held in Gyeongju, the two countries signed several memoranda of understanding (MOUs) in areas such as economy, culture, and crime response and