Korea Economic Daily

The won-dollar exchange rate is holding above 1,470 won during intraday trading. The rate is seen to have come under upward pressure as foreign investors’ equity selling and FX conversion demand for overseas investment continued. As of 2:10 p.m. on t

Won-dollar rate again threatens 1,470 won Yen rattled again on Japan’s expanded fiscal-spending signal The won, also swayed by strong ‘coupling’ sentiment with the yen, comes under pressure Expectations for US rate cuts fade Geopolitical headwinds fr

The three major U.S. stock indexes closed slightly higher. Reports also circulated that the Trump administration has launched a criminal probe that could lead to charges against Jerome Powell, chair of the U.S. central bank (Fed). On the 12th (local

◆ US stocks close higher on bargain buying despite caution over Powell probe Wall Street’s three major indexes ended modestly higher. On the 12th local time, the Dow Jones Industrial Average rose 0.17% from the previous session to 49,590.20, the S&P

"‘Sell America’ wave as April tariff shock, peak Fed pressure revisited" Gold rises nearly 2% as a risk hedge U.S. stocks, Treasuries and the dollar all fell on the 12th (local time) after the U.S. Department of Justice sought to question Federal Res

1,460 won breached 20 days after authorities’ intervention The won-dollar exchange rate rose by more than 10 won on the 12th (a decline in the won’s value), climbing into the 1,460-won range. The move was attributed to a sharp weakening of the Japane

Gold climbs back to a record high at $4,600 an ounce Asian stocks extend gains on tech strength U.S. stock-index futures and the dollar fell as investors pulled money out of U.S. assets amid rising tensions between the Trump administration and the Fe

The Donald Trump administration has launched an investigation into Jerome Powell, chair of the US central bank, the Federal Reserve (Fed) (pictured). Critics warn that an unprecedented probe of a Fed chair could undermine the Fed’s independence and r

Hearing from Wall Street (4) Torsten Slok, Chief Economist at Apollo Global Hawks vs. doves at the Fed over the rate path Policy could be swayed by political pressure Key investment risks to watch Fiscal expansion, inflation, excessive concentration

U.S. ramps up pressure on Iran’s government, says “talks are open” Financial sanctions, support for anti-government forces Blocking SpaceX internet network, etc. Trump weighs a range of options Concerns also raised: “Gives Khamenei a pretext for reta

Lucentblock, a startup that has operated a real-estate tokenized securities (STO) platform as an Innovative Financial Service for four years, has called on financial regulators to reconsider the licensing process for an over-the-counter STO exchange,

U.S. President Donald Trump said on the 11th (local time) that Iran had called to say it “wants negotiations,” following his threat of U.S. military intervention in response to massive anti-government protests in Iran. According to AFP, Trump told re

As anti-government protests in Iran, sparked by economic hardship, enter a third week, the number of casualties is rising rapidly. On the 11th (local time), Iran Human Rights (IHR), a Norway-based organization, said it had confirmed at least 192 deat

Trump convenes 20 oil industry executives at the White House "At least $100 billion investment to restart production" ExxonMobil: "Venezuela is not investable" "Investment decision possible only once profitability, legal protections, etc. are clarifi

Iranian authorities continue hardline crackdown on protesters Bloodshed erupts… death toll exceeds 100 Reports say the death toll has topped 100 as Iranian authorities have continued a hardline crackdown on anti-government protests now entering their

US Supreme Court: “May issue decisions in major cases on the 14th,” according to its website White House says it has many other options even if the Court rules tariffs illegal Kevin Hassett: “A range of legal authorities exists” The US Supreme Court

U.S. December CPI and PPI due for release China’s December money supply (M2) and new lending data due This week (12–16), Wall Street is expected to focus on the U.S. Supreme Court’s ruling on the legality of the Donald Trump administration’s reciproc

NH Investment & Securities: "KOSPI 4,250–4,700" KOSPI earnings estimates revised up in succession JPMorgan Healthcare Conference seen as catalyst for biotech stocks "Profit-taking pressure expected to intensify after sharp short-term gains" Brokerage

WSJ cites U.S. government officials "U.S. government discusses options for airstrikes on Iran" Another official: "No agreement on military action" The U.S. government is reportedly reviewing options for an attack on Iran, including the possibility of

U.S. to control Venezuelan oil sales Oil proceeds shielded from private claims The Donald Trump administration has moved to block third parties from accessing funds generated from Venezuelan oil sales, so the U.S. can deploy the money as it sees fit.

As anti-government protests in Iran intensify day after day, US Secretary of State Marco Rubio expressed support, calling them the "brave people of Iran." On the 10th (local time), Rubio wrote on his X account (formerly Twitter), "The United States s

As U.S. President Donald Trump again signaled his intention to secure Greenland, Greenland’s political parties said on the 9th (local time) that they do not want to be ruled by the United States. According to AFP, leaders of Greenland’s five parliame

Iran protest death toll rises by 20 in a day Tehran Prosecutor’s Office: "Those who clash with authorities will be sentenced to death" Protests in Iran over economic hardship are spreading, with the death toll surging. According to the Associated Pre

“You can’t protect leased land like it’s sovereign territory” U.S. President Donald Trump said he would first seek to reach an agreement to take control of Greenland, a Danish territory, but could resort to coercive measures if that fails. Speaking a

All three major U.S. stock indexes rose. Buying in artificial intelligence (AI) and semiconductor-related shares, which had recently undergone a pullback, returned with force. On the 9th (local time) at the New York Stock Exchange (NYSE), the Dow Jon

‘Bold tax breaks’ to spur domestic investment Income deduction for investments in the National Growth Fund Double benefit via separate taxation of dividends at 9% KOSDAQ funds: KRW 2 million deduction every year Save KRW 700,000 in taxes on a KRW 20

Investment income balance accounts for 30% of the current account Dividend and interest income received overseas by companies and individuals up 24% in a year Shifting away from reliance on goods exports toward an advanced-economy-style structure Div

A startup that has carried out pilot testing under the regulatory sandbox ahead of preliminary approval for an over-the-counter exchange for tokenized securities (STO) now faces the risk of being derailed. As regulators are said to be reviewing appro

Machado to Visit the U.S., Focus on Transition Talks Maria Corina Machado, who won last year’s Nobel Peace Prize, is set to visit the United States next week to meet President Donald Trump. Attention is focused on how the meeting could shape the poli

The KOSPI rewrote its all-time high on a closing basis. Retail investors absorbed profit-taking supply dumped by foreigners worth more than KRW 1.5 trillion. Defense, autos and shipbuilding—sectors seen as potential market leaders following semicondu