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Bigger than the total of all cryptocurrencies Jensen Huang dismisses AI bubble theories Strengthening alliances with Uber, Palantir, etc. Some say "current stock price is overvalued" NVIDIA's market capitalization surpassed 5 trillion dollars (about
Trump–Xi 100-minute meeting Face-to-face in Busan for the first time in 6 years and 4 months US reduces tariff rate on China by 10%P China to supply rare earths and import soybeans After Donald Trump returned to the presidency, the US-China trade war
Korea Exchange Research Center Heads Meeting "There is room for an additional 20% increase in market cap" "Policy support such as tax reform must continue" As the KOSPI index keeps breaking record highs day after day, experts said that for the rally
When the People Power Party pointed out that "a US-Korea currency swap was excluded" in the US-Korea tariff negotiations, Koo Yoon-cheol, Deputy Prime Minister for Economy and Minister of Economy and Finance, stepped forward to explain. At the compre
Reuters reported on the 29th (local time) that OpenAI is pursuing an initial public offering (IPO) targeting a company valuation of $1 trillion (about 1,428 trillion won). The amount to be raised through the IPO is mentioned as $60 billion, which wou
KOSPI on the 30th surpassed the 4100 level for the first time ever, but after a volatile session it gave back some of its gains and closed the day. On the day, KOSPI closed at 4086.89, up 0.14% from the previous session. KOSPI opened at 4105.95, up 0
As the domestic stock market's bullish trend continues, investor deposits, the stock market's standby funds, have exceeded 85 trillion won for the first time in history. According to the Korea Financial Investment Association on the 30th, investor de
The U.S. central bank (Fed) on the 29th (local time) cut its benchmark interest rate by 0.25 percentage points as markets expected, but it is likely to become more difficult to predict the future policy path. This is because the federal government sh
FOMC cuts rates on the 29th (local time) U.S. benchmark rate to 3.75~4.0% annually Powell's hawkish remarks dampen the stock market Wall Street starts betting on a December hold The U.S. central bank (Fed) on the 29th (local time) at the Federal Open
Trump "Too busy to talk with Kim Jong-un… I'll come back to meet Kim" Park Subin Hankyung.com reporter waterbean@hankyung.com
Trump "I will visit China in April next year... Afterwards Xi Jinping will also visit the U.S." Park Su-bin Hankyung.com reporter waterbean@hankyung.com
Trump "tariffs on China from 57% to 47%, 10%P reduction" Park Su-bin Hankyung.com reporter waterbean@hankyung.com
U.S. Trade Representative "China to maintain supply of rare earths" Park Su-bin Hankyung.com reporter waterbean@hankyung.com
Trump: "China to immediately buy U.S. agricultural products including soybeans" Park Su-bin Hankyung.com reporter waterbean@hankyung.com
U.S. President Donald Trump on the 30th called Chinese President Xi Jinping, whom he met for U.S.-China trade negotiations, "a very dignified and respected Chinese president." President Trump said in his opening remarks at the U.S.-China summit held
"U.S.-China summit ended after about 1 hour 40 minutes" [China CCTV] Park Su-bin Hankyung.com reporter waterbean@hankyung.com
U.S. President Donald Trump on the 30th called Xi Jinping, Chinese state president, "a very dignified and respected Chinese president." President Trump said this in his opening remarks at the U.S.-China summit held at Naraemaru at Gimhae Air Base in
Xi Jinping "Reached a basic agreement at trade talks a few days ago… provided the conditions for today's talks" Ko Jeong-sam Hankyung.com reporter jsk@hankyung.com
Trump "U.S. and China have already reached many agreements and will reach more now" Go Jeong-sam Hankyung.com reporter jsk@hankyung.com
Foreign media "U.S.-China summit begins in Busan" [China CCTV] Ko Jeong-sam Hankyung.com reporter jsk@hankyung.com
"To fall below 1,420 won, supply and demand must improve" Authorities: "Activate joint monitoring system" During trading on the 30th, the won·dollar exchange rate fell to the 1,420-won range. This is interpreted as the effect of uncertainty being res
Shin Min-kyung Hankyung.com reporter radio@hankyung.com
On the 30th, the KOSPI index is expected to start higher, influenced by the Korea-U.S. tariff negotiations that were concluded the previous day. With semiconductor stocks such as NVIDIA rallying in the U.S. market overnight, the KOSPI market, which h
Expectations for additional rate cuts fall on Powell's 'hawkish' remarks 'King of the AI era' Nvidia becomes the first company to reach $5 trillion market cap Jerome Powell, chair of the U.S. central bank (Fed), said on the 29th (local time) that an
First-ever achievement of $5 trillion corporate value Size surpassing Germany's GDP Nvidia, at the center of the artificial intelligence (AI) technology ecosystem, saw its market capitalization surpass $5 trillion (about 7,100 trillion won) for the f
◆ Divided Fed, two consecutive rate cuts… quantitative tightening to end in December The U.S. central bank (Fed) cut its benchmark interest rate by 0.25% percentage point (p) on the 29th (local time). Following a 0.25% percentage point cut last month
"Some uncertainty remains Further declines need to be monitored" The dollar-won exchange rate fell into the 1,420-won range for the first time in seven trading days. This was due to the Korea-U.S. trade agreement being concluded in a way that reduces
Go Jeong-sam Hankyung.com reporter jsk@hankyung.com
Powell, press conference immediately after the FOMC on the 30th "The labor market is clearly cooling" "Both labor supply and demand are slowing" Jerome Powell, Chair of the U.S. Federal Reserve (Fed), said on the 29th (local time) in opening remarks