Korea Economic Daily

"Employment downside risk grows" Jerome Powell, chairman of the U.S. central bank (Fed), on the 14th (local time) hinted at the possibility of a benchmark interest rate cut at the Federal Open Market Committee (FOMC) regular meeting on the 28th–29th.

Reached 9 trillion won over the past five years Diverse methods, including tax evasion About three-quarters of the illegal foreign exchange transactions detected by the Korea Customs Service and handed over to prosecutors over the past five years wer

Following the yen… 2.5%↓ since the end of August Since last month, the won's value has been shown to have depreciated by the largest margin among major countries. Analysts say global risks such as U.S.-China tensions and European fiscal instability h

U.S. President Donald Trump warned the Palestinian militant group Hamas, "If they do not disarm, we will disarm them." President Trump told reporters on the 14th (local time) after meeting with Argentine President Javier Milei at the White House, "Th

Sanctions on online fraud ring 'Prince Group' Chairman indicted, related companies' assets frozen The United States and the United Kingdom have imposed sanctions on 'Prince Group' and others that have been operating online fraud, human trafficking, f

Zoom In Salesforce 'Dreamforce 2025' special conversation Predicts closure of regulatory gap for virtual assets "Export older general semiconductors to China to take market share from Huawei," opinion expressed Benioff CEO's shift toward pro-Trump st

5 million increase in a year and a half Internet bank K Bank said on the 15th that its total number of customers surpassed 15 million. This is an achievement a year and a half after exceeding 10 million in March last year. Analysts say growth has bee

'Alatau Rise With Kazakhstan' Roadshow Held on the 15th–16th at the Lotte Hotel in Sogong-dong, Seoul "A testbed city where all technologies can be experimented" "Benchmarking growth models from Singapore, Shenzhen, and South Korea" The Kazakh govern

The hardline message is for domestic politics Mentioned "stopping cooking oil imports" to placate soybean farmers The conciliatory message targets President Xi U.S. President Donald Trump warned on the 14th (local time) that China not buying U.S. soy

CPI and PPI downtrend continues Longest decline since the 1970s China's consumer price index (CPI) and producer price index (PPI) continue to decline. Despite active government intervention, deflation (a fall in prices amid an economic downturn) pres

Rose intraday to 3659.91 points Foreigners and institutions bought together… individuals realized profits Samsung Electronics hits highest closing price… SK Hynix also strong The KOSPI index rose above the 3,650 level despite US-China trade tensions,

On the 15th, the KOSPI index is widely expected to open lower, influenced by U.S. President Donald Trump's tough remarks on China. The securities market has fallen for two consecutive trading days since the 13th as concerns over trade tensions betwee

The New York market finished mixed amid the fallout from U.S. President Donald Trump's critical remarks about China. Market anxiety rose after President Trump characterized China's halt to imports of U.S. soybeans as an 'act of hostility' and warned

◆ Trump criticism again, Nasdaq 0.8%↓ U.S. President Donald Trump on the 14th (local time) criticized China's halt of U.S. soybean imports and warned of countermeasures, leading the three major New York indices to close mixed. On that day in New York

The long-dormant trade war between the US and China is shaking the market again. The core is, once more, rare earths. On the 9th, China's unprecedented tightening of rare earth export controls became the 'downward trigger' for a market already lookin

Powell "No major change in economic outlook"…maintains accommodative stance "End of quantitative tightening imminent" Indicates final stage of $6.6 trillion asset reduction Jerome Powell, chair of the U.S. central bank (Fed), on the 14th (local time)

"Compared with April and July, tariff shocks and financial conditions have eased" U.S. also revised up from 1.9% to 2.0%, China maintains 4.8% growth The International Monetary Fund (IMF) said that tariff shocks and financial conditions turned out to

Draft of the 15th Five-Year Plan expected to be released soon Emphasis on 'boosting consumption and expanding investment' Chinese Premier Li Qiang, ahead of the Communist Party's 20th Central Committee's 4th Plenary Session to be held next week, emph

IMF, outlook for South Korea's growth rate this year Slightly raised by 0.1 percentage point from 0.8% Japan revised sharply from 0.7% to 1.1% The International Monetary Fund (IMF) forecast that South Korea's economic growth rate this year will be ov

Precious metals see first-ever short squeeze, forcing short sellers to buy in large numbers In London, the first-ever short squeeze in precious metals pushed the silver price above 53 dollars per ounce, reaching a record high. The sharp rise in silve

Ministry of Commerce "If you fight, everyone gets hurt" warning Continues pressure by mentioning soybean imports China's sanctions on Hanwha Ocean's U.S. subsidiary came a day after U.S. President Donald Trump said, "I'm not trying to hurt China, I'm

More than LG Energy Solution, the third-largest by market cap KRX gold spot, up 63% this year Kimchi premium also reaches 15% As global geopolitical uncertainty continues, gold prices, regarded as the 'king of safe-haven assets', have been rising sha

Up 4.7% from the previous session to 52.5070 dollars A weak dollar and U.S. interest rate cuts drove international silver prices to an all-time high. According to Bloomberg on the 14th, on the previous day at the New York Mercantile Exchange the spot

On the 14th, the KOSPI index, which set an intraday record high, surrendered all its gains and turned negative, sliding back to the 3530 level. It is interpreted that this was due to Samsung Electronics, the market leader that announced surprise earn

U.S., 10% tariff on imported lumber takes effect… 25% on sofas, kitchen cabinets, etc. Han Kyung-woo Hankyung.com reporter case@hankyung.com