Korea Economic Daily

This year the value of the Thai baht has risen sharply. Some say it is a strange phenomenon. Recently, the Thai economy has been plagued by several factors such as structural weakness in manufacturing, household debt amounting to 90% of GDP, and poli

President Donald Trump is scheduled to meet with Chinese President Xi Jinping four times this year. The outcome of these meetings is expected to determine the direction of world politics and the global economy. Under Trump's second-term administratio

◆ New York stocks weakened for a third consecutive day ahead of the final trading day of the year The three major New York indices continued to weaken for a third consecutive day on the 30th local time. With no market-moving developments a day before

4th quarter deliveries: 422,850 vehicles Expected to decrease 15% year-on-year Vehicle sales expected to decline for a second consecutive year Tesla released sales estimates that include a vehicle delivery outlook lower than market expectations. It i

SoftBank's stake in OpenAI exceeds 10% Part of the investment will be allocated to the 'Stargate' project Japan's SoftBank Group has fully executed the $40 billion investment commitment to OpenAI. CNBC reported on the 30th (local time), citing source

Some members "Prefer to keep rates on hold for a considerable period afterwards" Downside risk to employment, upside risk to inflation The U.S. central bank (Fed) revealed that there was fierce disagreement among members over a rate cut at the Federa

Gold prices hit record highs and plunged due to profit-taking and margin increases "Investment, which accounts for 43% of this year's gold demand, may slow down" "Structural supply constraints and strong demand remain… the rally is not over" Soaring

Aim to calm oil price declines caused by a global oil supply glut The Organization of the Petroleum Exporting Countries and allies (OPEC+) is expected to maintain its production cut plan at this weekend's meeting amid signs of a global oil supply glu

How will the exchange rate be next year "Rise due to bargain-buying inflows" vs "Decline due to currency hedging" Opinions differ The won-dollar exchange rate finished daytime trading at 1439 won, then surged more than 10 won in night trading to touc

U.S. President Donald Trump’s mediation efforts over the war in Ukraine in Europe and the Gaza war in the Middle East have not easily reached a full stop. President Trump is stepping up last-minute pressure, but it is unclear whether a formal end or

"I want Powell removed... a lawsuit is possible" Hassett, Warsh, Waller mentioned as candidates U.S. President Donald Trump again raised the possibility of removing Jerome Powell, chair of the U.S. central bank (Fed), increasing the pressure. He said

Precious metals-related stocks are showing weakness. After the Chicago Mercantile Exchange (CME) sharply raised margin requirements for precious metals futures trading, gold and silver prices plunged. As of 9:22 a.m. on the 30th, ITCEN Global is trad

China "training in Taiwan's northern and southern waters"…'Taiwan encirclement drills' enter second day Jin Young-gi Hankyung.com reporter young71@hankyung.com

Major indices closed down on the New York market. With trading volume declining ahead of the year-end holidays, profit-taking selling pressured stock prices. On the 29th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Ave

◆New York stock market closes broadly lower The three major New York indexes all fell. At the New York Stock Exchange today, the Dow Jones Industrial Average fell 0.51%, the Standard & Poor's (S&P) 500 index fell 0.35%, and the Nasdaq Composite fell

One-day fluctuation 15% 'historic plunge' Selling volumes pour in for year-end profit-taking Silver prices, which had shown the strongest rise this year, underwent a sharp adjustment overnight immediately after surpassing 80 dollars per troy ounce fo

"Amid an overall uptrend, many leveraged investments produced both gains and sharp volatility" Bloomberg, marking the year-end, introduced this year's most notable investments. These included cryptocurrency trading and AI trading, as well as the Kore

Silver soars 178% this year, surpassing gold's 72% surge The international silver price has, for the first time ever, exceeded $80 per ounce. Copper prices also at one point approached $13,000 per tonne, surpassing previous record highs. Prices of go

1429.8 won close…lowest in two months Authorities are determined to manage year-end closing prices Watch whether it will close in the 1420 won range today Foreign exchange authorities intervened in the market for a third consecutive trading day, push

Trump–Zelensky Summit… Three-way Meeting with Europe Next Month Trump: "Negotiations Can Be Concluded Within Weeks" "Only One or Two Tricky Issues Left" Zelensky: "100% Agreement on Security Guarantees" Discussions on Donbas Territory on a 'Parallel

23.4 trillion won in October alone As the won·dollar exchange rate rose, trading in dollar stablecoins also increased significantly. There is an interpretation that dollar demand for overseas investment increased at the same time as trading in stable

BC Card announced on the 29th that it signed an MOU with global digital asset firm Coinbase to introduce the dollar-based stablecoin USDC for domestic payments. The MOU was pursued to jointly examine a domestic payment structure utilizing both compan

International silver prices exceeded $80 per ounce for the first time. According to Bloomberg on the 29th (Korean time), the international silver spot price reached an all-time high of $84.0075 per ounce as of 8:21 a.m. that day. Afterwards, the silv

The KOSPI is approaching the 4200 level thanks to strength in semiconductor stocks. As of 11:00 a.m. on the 29th, the KOSPI stood at 4192.6, up 63.12 points (1.53%) from the previous session. The KOSPI, which started trading around the 4140 level, tr

Seul-gi Lee Hankyung.com reporter seulkee@hankyung.com

U.S. President Donald Trump said on the 28th (local time) that the end-of-war negotiations in the Russia-Ukraine war "if they go well, could be concluded within a few weeks." After meeting with Ukrainian President Volodymyr Zelensky at the Mar-a-Lago

Meeting in Florida U.S. President Donald Trump met with Ukrainian President Volodymyr Zelensky on the 28th (local time) to discuss a proposal to end the war in Ukraine (peace negotiation plan). President Trump met with President Zelensky at the Mar-a

Seulgi Lee Hankyung.com reporter seulkee@hankyung.com

The won–dollar exchange rate, which started last week in the 1,480-won range, closed at 1,442 won 20 jeon in night trading on the 27th. The rate, which was above 1,480 won in early last week, closed at 1,445 won 70 jeon in night trading on the 24th,

KOSPI, up 5.17% in December Dissent notable at December FOMC Confirming rate cut path via minutes With the KOSPI restarting the 'Santa Rally', analysts say that the U.S. minutes from the December Federal Open Market Committee (FOMC), due this week (D