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A $500 billion gap with Larry Page, Google's co-founder in 2nd place Elon Musk, Tesla's chief executive officer (CEO), saw his wealth jump to 749 billion dollars (1,105 trillion won) following a court ruling recognizing the company's compensation pla
NH Investment & Securities "This week KOSPI low 3850, high 4200" KOSDAQ·National Growth Fund…hopes of benefiting from government policies Pay attention to sectors such as semiconductors and automobiles Last week, the KOSPI showed a volatile market as
Minimum losses alone: 3.99 trillion won North Korea focuses on large centralized exchanges Attack and money-laundering methods become more sophisticated This year, losses from virtual asset (cryptocurrency) hacks worldwide have reached $2.7 billion (
BOJ raises policy rate to an annual 0.75% for the first time in 11 months Concerns about fiscal deterioration add pressure 10-year government bond yields rise to the 2% range Despite Ueda hinting at further hikes, yen exceeds 156 per dollar Markets o
Markets liken it to 'Swiss cheese' and warn against overinterpretation White House: "Striking contrast with Biden's inflation crisis" The U.S. consumer price index (CPI), released for the first time in two months due to the U.S. federal government sh
All-stock exchange merger with TAE Technologies First power generation targeted for 2031 Stock soars 41.9% immediately after merger announcement Trump Media & Technology Group (Trump Media), the parent company of the social networking service platfor
The Bank of Korea decided to temporarily exempt the foreign exchange soundness charge that financial institutions must set aside at the BOK to manage the soundness of foreign-currency liabilities until June next year. The intent is to have them relea
Major indexes on the New York market rose. Despite controversy over distortion, the U.S. November Consumer Price Index (CPI) came in below expectations, and Micron surged on strong results. On the 18th (local time) at the New York Stock Exchange (NYS
A report that last month's U.S. consumer price index (CPI) rose by only 2.7% caused the won·dollar exchange rate to fall sharply in the overnight session. The CPI significantly undershot market expectations, which is seen as having weakened the dolla
Government announces foreign exchange soundness measures Deferring stress test for six months Allowing corporate foreign-currency loans for 'working capital' as well Banking sector "Limited ability to reverse won weakness" The government has signific
Despite the government easing banks' foreign exchange regulations and applying broad pressure on companies and securities firms, the won–dollar exchange rate continued its high-level march. With high exchange rate expectations solidifying, some forec
The administration of Donald Trump in the United States reportedly issued a directive to frontline immigration agencies to refer 100–200 cases per month of citizenship revocation of naturalized U.S. citizens to the department handling immigration lit
State address 18 minutes of 'self-praise' "Tariff effects will be refunded next spring" Approval rating 36%…lowest across terms 1·2 U.S. President Donald Trump on the 17th (local time) criticized the failures of the previous Biden administration and
HIMARS·suicide drones·anti-tank missiles included Second arms sale to Taiwan announced during Trump's second term The Donald Trump administration is pushing for the largest-ever arms sale to Taiwan, including HIMARS (High Mobility Artillery Rocket Sy
A key investor in U.S. software company Oracle has reportedly withdrawn from Oracle's $10 billion data center construction project, reigniting debate over AI profitability. The market has returned to caution as debt surged during tech firms' AI infra
The conventional wisdom 'narrower rate gap → stronger yen' is outdated Structural factors in the Japanese economy Trade balance deficits → pressure for a weak yen Digital deficit > travel surplus soon Overseas investment via NISA also leads to yen se
[Breaking] Trump "Those who believe in rate cuts should be the next Fed chair" So-yeon Kim Hankyung.com reporter sue123@hankyung.com
Investment and industrial demand overlap amid limited supply The Trump administration designated silver as a 'critical mineral' Some warn of 'risk of sharp decline' Silver prices have doubled from a year ago, marking a record high. As industrial dema
The Presidential Office is calling in executives from seven domestic conglomerates for an emergency meeting to respond to the exchange rate. According to the Presidential Office on the 18th, Kim Yong-beom, the policy chief, urgently summoned represen
Today's election for the next Financial Investment Association chairman Three-way race: Seo Yu-seok·Lee Hyun-seung·Hwang Sung-yeop First incumbent re-election or a new face? An election to choose the 7th chairman of the Korea Financial Investment Ass
As the "Oracle shock" caused all three major New York indices to fall, the domestic market is also expected to start lower on the 18th. However, since Micron — a bellwether for memory — announced an earnings surprise, there is a view that the positiv
Nasdaq down 1.81% All three major U.S. stock indices fell together, with technology stocks plunging. Oracle postponed the completion timing of some data centers, raising concerns about bottlenecks in the expansion of artificial intelligence (AI) infr
Recently, housing costs have been having an increasing impact on national economies worldwide. In the past, real estate was seen as a byproduct of economic growth or a variable dependent on interest rates. However, since the mid-2020s, there is analy
◆President Lee holds 5th-day briefings today…targets: Ministry of National Defense, Ministry of Patriots and Veterans Affairs, Defense Acquisition Program Administration President Lee Jae-myung will receive briefings today, the 18th, from the Ministr
Intel stake secured in exchange for subsidies Acquired stakes in 9 companies related to national interest Since Donald Trump took office, Korea Zinc is not the only private company in which the U.S. government has acquired a stake. It has been purcha
Surging platinum... in the $1900 range for the first time in 14 years Silver price also surpasses $66, hitting a record high Platinum prices have jumped to their highest level in 14 years. Silver prices have reached an all-time high. On the 17th at t
Won·dollar, highest in 8 months Rising trend despite foreign exchange authorities' response The won·dollar exchange rate surged into the 1,480-won range intraday on the 17th, the highest in eight months. The National Pension Service recently restarte
The European Union (EU) expanded regulations targeting U.S. big tech, and the United States warned it would take retaliatory measures. On the 16th (local time), according to the Financial Times (FT), Jamison Greer, United States Trade Representative
Persistent stock optimism BoA "Fund managers' cash allocation at an all-time low" Although concerns about a bubble in artificial intelligence (AI) related stocks have not faded in the stock market, fund managers appear to be more optimistic about equ
Yonghyun Shin Hankyung.com reporter yonghyun@hankyung.com