Korea Economic Daily

Gold price surpasses $4,300 per troy ounce U.S. Treasury yields in the 3% annual range Concerns about distress in the U.S. private credit market have increased, sending the 10-year U.S. Treasury yield down to the 3% annual range. Gold prices surpasse

"Second SVB fear" sweeps Wall Street…growing concerns over private credit defaults Jefferies had extended financing to an auto parts firm Bankruptcy causes losses…stock plunges 25% Shares of Jefferies, a leading Wall Street investment bank, have fall

The U.S. federal government's shutdown has gone beyond two weeks, and the Senate brought a temporary funding bill to a vote to end the shutdown but it was rejected again. It is already the tenth rejection. On the 16th (local time) in the Senate floor

Only KRW 690 million used out of KRW 1.64 billion in deposits Due to lack of places to use such as cafes·delivery apps In the stablecoin project led by the Bank of Korea with participation from seven commercial banks, the amount used by ordinary part

Samsung Electronics and SK Hynix are rising with unstoppable momentum. Despite early-session weakness, they have come close to '100,000-won Samsung' and '500,000 Hynix'. Thanks to the rise in large-cap stocks, the KOSPI has also come very close to th

Major indexes on the New York stock market closed lower as investor sentiment froze amid concerns over bad loans at U.S. regional banks. On the 16th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 45,952

IMF, U.S. 140%·S. Korea 63% Outlook The International Monetary Fund (IMF) projected that the global government debt ratio relative to gross domestic product (GDP) will reach its highest level since 1948 in 2029. In the "Fiscal Monitor" released on th

Foreign investors' stock purchases also a downward pressure As expectations spread that Korea·U.S. trade negotiations are close to being concluded, the won·dollar exchange rate fell to the 1410 won range (won value rose). On the 16th in the Seoul for

10-year yield approaching annual 4% level As the government shutdown enters its second week 10-year yield fell to 4.026% Lowest this year … could fall further Expectations for Fed rate cuts grow Myron "U.S.-China conflict re-ignites It's time to cut

Kim Yong-beom·Kim Jeong-gwan Depart…Finalizing Wording of Investment Agreement with U.S. Shift from Central Bank Currency Swap Bank of Korea to Use U.S. Treasury Exchange Stabilization Fund Won and Dollar Expected to Be Exchanged in a 'Swap' Form Bes

Korea Minting and Security Corporation halts sales until January next year Gold price 'kimchi premium' reaches 18% The repeated rise in prices has ignited a fever for gold investment. Domestic trading prices are about 18% higher than overseas. Gold b

IMF projects South Korea's general government debt at 64.3% in 2030 "South Korea, the third fastest debt rise among advanced countries" The International Monetary Fund (IMF) has projected that South Korea's general government debt ratio will exceed 6

Cryptocurrency exchange competition predicted Gopax acquisition completed after about two years Large-scale liquidity and technology transfer possible User service competition likely to heat up The world's largest cryptocurrency exchange Binance has

News that 73% of illegal foreign exchange transactions are carried out with virtual assets such as Tether and Bitcoin. This is the result of an analysis of ₩12.4349 trillion in illegal foreign exchange transactions that the Korea Customs Service dete

A U.S. asset manager, Volatility Shares, has moved to pursue the listing of an exchange-traded fund (ETF) that would track the price movements of major tech stocks such as Tesla and Palantir and large cryptocurrencies such as Bitcoin and Ethereum at

The KOSPI index pierced the 3,700 mark and once again recorded an all-time high. On the day, Samsung Electronics and SK Hynix, the market leaders and the two major semiconductor stocks, both posted record highs. According to the Korea Exchange on the

The U.S. government plans to significantly strengthen control over its domestic companies in core industries related to national security in order to respond to China’s new economic measures. The aim is to reduce dependence on China for critical reso

Japan's sinking economy…Falls to 6th in the world, overtaken by the UK in 5 years IMF World Economic Outlook Japan's 2030 nominal GDP US$5.1198 trillion, 6th place Falls to 5th next year, overtaken by India Overtaken by the UK in 5 years Trade defici

Scheduled for November 5 Trump: "If we lose, the finances will be a mess" U.S. President Donald Trump said he intends to attend in person next month the U.S. Supreme Court hearing that will review the legality of his flagship policy of imposing tarif

With U.S. President Donald Trump and Chinese President Xi Jinping expected to meet later this month in Gyeongju, North Gyeongsang Province, projections are emerging that this summit is more likely to produce a 'small deal' rather than a 'big deal.' M

The three major U.S. stock indexes ended mixed after showing intense volatility. With trade tensions between the United States and China still unresolved, strong bank earnings and hopes for rate cuts became intertwined, creating a turbulent picture.

◆ Trump again mentions "South Korea 'US$350 billion up front' agreement" U.S. President Donald Trump on the 15th (local time) again claimed that South Korea agreed to pay US$350 billion (about 500 trillion won) up front as part of a trade agreement w

The U.S. side said that within the next ten days, that is, before the APEC summit, there will be some result regarding the tariff negotiations. Today, U.S. Treasury Secretary Scott Bessent told reporters this, and discussions on the ground are procee

Following the previous day, banks reported solid earnings ASML's improved chip outlook also led semiconductor stocks higher Despite trade tensions with China, expectations of an interest rate cut by the Federal Reserve and strong U.S. corporate resul

Effects of M&A contraction, high exchange rates, etc. EU, Japan and China also see investment declines Trade uncertainty originating in the United States has prolonged, and foreign investment in the country has fallen sharply. The Ministry of Trade,

"Feeling depressed due to financial difficulties" Amid a historic crash in the crypto market last week triggered by U.S. President Donald Trump's remarks about China, a well-known cryptocurrency YouTuber who was active in Ukraine was found dead. On t

"Won't change stance on talks with China even if the stock market falls" U.S. Treasury Secretary Scott Bessent said on the 15th (local time), "We are in the process of finalizing trade negotiations with South Korea." In an interview with CNBC on the