The Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
Exclusive and in-depth articles
Published Articles 6,803
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
First ruling on 'seizable property under criminal law' Blocking misuse for laundering criminal proceeds The Supreme Court has for the first time determined that personally owned Bitcoin held at virtual asset exchanges such as Upbit and Bithumb is sub
October deficit $29.4 billion…about 40% narrower than September Surge in physical gold trades and sharp drop in pharmaceutical imports drove the move Volatility could pick up again depending on a U.S. Supreme Court ruling The U.S. trade deficit shran
Major indexes on Wall Street closed mixed. As funds rotated out of the semiconductor sector into traditional industries such as autos and financials, the Dow Jones Industrial Average rose while the Nasdaq fell. Alphabet, Google’s parent, which overto
US Market Open Points — Jan. 8, 2026 ① US jobs: productivity jumps amid ‘low layoffs, low hiring’ The US labor market is seeing neither a sharp rise in layoffs nor a meaningful pickup in new hiring. Initial jobless claims for the week ended Jan. 3 ro
Japan summons Chinese ambassador to protest China said its recently announced export controls on dual-use (military and civilian) items, unveiled with Japan in mind, are measures limited to military use and will not affect the civilian sector. He Yad
Up 65% for the year… $4trn in sight "A signal that leadership is shifting in the AI era" $0.6trn gap with No. 1 Nvidia Google has climbed to No. 2 by market capitalization on the New York stock market, overtaking Apple on the back of its next-generat
H200 demand surges as U.S. eases restrictions Authorities seek to control the pace to protect domestic AI chips The Chinese government is said to have instructed some technology companies to "temporarily suspend purchases" of Nvidia’s artificial inte
Three years of losses…skepticism over merger grows Short-selling activity betting on a decline in the share price has surged after Trump Media & Technology Group (Trump Media) announced a merger with fusion technology developer TAE Technologies. Acco
Elon Musk, CEO of Tesla, has publicly taken aim at Nvidia, which recently unveiled autonomous-driving technology. On X on the 7th (local time), Musk wrote about Nvidia’s autonomous-driving platform “AlphaMayo,” saying, “It takes years from the point
On the 8th, Samsung Electronics fell more than 1.5%. Even so, the securities industry is projecting ample upside potential for the stock. Some global investment banks (IBs) have raised their target price for Samsung Electronics to as high as 200,000
China’s stock market is expected to extend its solid run this year. Analysts say inflows will be supported by the spread of artificial intelligence (AI) technology, improving corporate earnings and government support measures. Goldman Sachs on the 7t
U.S. military stages surprise raid, arrests President Maduro Geopolitical risks resurface Oil prices instead trend lower; $58 outlook "Expectations of increased supply" Sangsangin Securities: "This year’s core strategy is 'Gold Long, Oil Short' remai
The won/dollar exchange rate rose for a sixth consecutive session despite heightened vigilance over possible intervention by the foreign-exchange authorities, climbing above 1,450 won. In Seoul’s FX market on the 8th, the won’s onshore spot close aga
"Maduro and his wife injured in U.S. military raid" The Venezuelan government said 100 people, including civilians, were killed as a result of a U.S. operation to arrest Venezuelan President Nicolás Maduro. On the 7th (local time), Venezuelan Interio
Global oil prices fell sharply after the United States said it would sell Venezuelan crude on the market indefinitely. Expectations that supply could increase alongside sanctions relief spread, intensifying downward pressure on prices. On the 7th (lo
The KOSPI set a new all-time intraday high. As of 11 a.m. on the 8th, the KOSPI was trading at 4,611.72, up 60.66 points (1.33%) from the previous session. The index opened at 4,531.46, down 19.6 points (0.43%) from the prior day, but soon reversed c
Up 208.17% year-on-year Sales 93 trillion won marks an all-time 'high' 'All-time high' quarterly operating profit in about seven years Samsung Electronics became the first Korean company to record a quarterly operating profit of 20 trillion won. Sale
The Donald Trump administration said today it will control sales of Venezuelan crude oil and that the United States will manage the proceeds. Chris Wright, Secretary of Energy, said this officially while speaking at a Goldman Sachs Group conference t
[Breaking] Samsung Electronics' operating profit in the fourth quarter of last year 20 trillion won… highest ever Kim Su-young Hankyung.com reporter swimmingk@hankyung.com
The three major U.S. stock indices closed mixed. Tech stocks held up strongly, but selling emerged across the board in the afternoon, giving the market a breather. Even so, Alphabet overtook Apple to become the second-largest company by market capita
[Breaking] Trump signs 'withdrawal from 66 international organizations including UN agencies' Kim Su-young Hankyung.com reporter swimmingk@hankyung.com
[Breaking] Trump "2027 defense budget should be 1.5 trillion dollars, not 1 trillion dollars" Kim Su-young Hankyung.com reporter swimmingk@hankyung.com
◆ U.S. begins asserting control over Venezuela's oil resources…seeking economic benefit and checking China simultaneously The Trump administration has begun to assert control over Venezuela's energy resources by revealing plans to take possession of
Europe uneasy over Trump's desire to control Greenland Denmark: "Will spend 20 trillion won on Greenland defense" Building justification by framing from 'economic security' to 'national security' Following Venezuela, Europe's concern is growing that
U.S. private-sector employment turned to growth in December last year. However, it was below market expectations. On the 7th, private employment research firm ADP reported that U.S. private-sector employment increased by 41,000 in December last year
"Will bring in up to 50 million barrels Sale proceeds will be controlled directly by me" Hits to exporters like Canada that have been selling to the U.S. U.S. President Donald Trump said he would secure up to 50 million barrels of oil from the Venezu
China has launched an anti-dumping investigation into dichlorosilane, a semiconductor process chemical imported from Japan, following its ban on rare earth exports. The Ministry of Commerce announced on its website on the 7th that it would begin an a
CES on-site briefing All three memory companies expand production capacity Demand continues to rise due to AI infrastructure investment Jensen Huang, NVIDIA Chief Executive Officer (CEO), said of the memory semiconductor boom brought by the artificia