Korea Economic Daily

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

Announced 'Initiative to Strengthen Core Industries' on the 13th From critical minerals to advanced industries $1.5 trillion investment over 10 years FT: "Shows JPMorgan choosing Trump's 'America First' policy" The United States' largest bank, JPMorg

[Breaking] KOSPI gains widen to the 1% range…hits another intraday all-time high Go Jeong-sam Hankyung.com reporter jsk@hankyung.com

The three major U.S. stock indices in New York rebounded in one day after the United States and China expressed their willingness to continue trade talks. On the 13th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Averag

◆ Previously plunging U.S. stocks all rose As concerns over U.S.-China trade negotiation conflicts that earlier caused the New York market's plunge eased, major indexes sharply rebounded on the 13th local time. The Dow Jones index closed at 46,067.58

Harvard and Yale research teams report "Companies plan future price increases, a factor in inflationary pressure" The burden of U.S. import tariffs has in practice fallen on U.S. companies and consumers. This contradicts President Trump's claim and m

Peter Howitt, Brown University professor, 2025 Nobel Prize winner 13th: "If tariffs shrink the market, incentives to innovate weaken" "Aging should be prepared for by opening up externally" 'Quickly find another trading partner that can replace the U

Substantial recovery of the decline on the 10th With both the United States and China showing willingness to resume trade talks, the U.S. stock market rebounded on the 13th (local time). At 10 a.m. Eastern Time that day, the S&P 500 was up 1.4%, the

On the 13th (local time), U.S. President Donald Trump declared "a new historic dawn for the Middle East." The AP reported that President Trump boasted of his achievements, saying this in the speech to Israel's parliament (Knesset) released by the Whi

Exports to the EU, Southeast Asia, Africa and others rise sharply Alternative exports and transshipment via third countries like Vietnam increase China's September exports rose 8.3% year-on-year to $328.6 billion (about 469 trillion won), marking the

Export-sensitive South Korean won and New Taiwan dollar post largest declines As trade tensions between the United States and China intensify, Asian currencies such as the South Korean won and the New Taiwan dollar fell to their weakest levels since

Jeong Hee-su, Head of Hana Financial Research Institute It has already been about a year since U.S. President Donald Trump took office. Looking back, many unpredictable things happened in a short period. With the start of Trump's second term, the Uni

"Store of value + increased industrial demand leading to supply shortage" "Even at an all-time high, still 100-to-1 cheaper than gold" The gold price rally is drawing attention, but silver has risen more than gold this year. Some analysts predict tha

Foreign exchange authorities, verbal intervention after 1 year and 6 months Plummeting won value Exchange rate takes a direct hit as tariff negotiations fail to reach agreement Uniquely weak compared with major currencies such as the euro Has been mo

Will the pattern of 'threat → backlash → retreat' repeat this time? U.S. moves to calm markets as financial markets wobble Trump: "I don't want China to be in a recession" 100% additional tariffs, leaves room for negotiations China likely to continue

Korea startup pavilion bustling all day Demand for 'authentication technology' surges in the Middle East On the 13th at the 'Expand North Star' startup pavilion in Dubai, United Arab Emirates (UAE). Standing on the main hall stairs, the first thing v

No Jeong-dong Hankyung.com reporter dong2@hankyung.com

People born in 2000, who are 25 years old this year, are expected to bear 130 million won of national debt per person at retirement. On the 13th, Choi Eun-seok, a member of the National Assembly's Strategy and Finance Committee from the People Power

Currently slipped back into the 1420 won range As U.S.-China trade war risks resurfaced, the won–dollar exchange rate topped 1430 won in early trading. On the 13th at the Seoul foreign exchange market, the won–dollar exchange rate opened at 1430 won,

Trump attends Middle East peace conference Also meets families of Israeli hostages On the Russia-Ukraine war: "Tomahawk support possible" U.S. President Donald Trump said "the war is over" in relation to the suspension of hostilities between Israel a

"The U.S. is trying to help China" Contains conciliatory and warning messages toward China Suggests room for negotiation until November 1 U.S. President Donald Trump indicated that he does not want a 'tariff war' with China. On the 12th (local time),

CPI and other key indicators postponed one after another…Concerns grow over an 'in the dark' market Additional 100% tariff on China heightens uncertainty for New York and Shanghai stock markets With a US government shutdown delaying the release of ma

Virtual asset hwanchigi and false documentation of purchase funds are common Rep. Choi Gi-sang: "A definition of virtual assets should be added to the Foreign Exchange Transactions Act" Over the past five years, more than 90% of illegal foreign excha

Kim Dae-young Hankyung.com reporter kdy@hankyung.com

The KOSPI has continued its streak of record highs day after day. Just before the holidays it broke above the 3,500 level, and as soon as the holidays ended it surpassed the 3,600 level. This was thanks to a strong artificial intelligence (AI) rally

As the U.S. federal government enters its tenth day of a shutdown (partial work stoppage), the Trump administration has begun to lay off large numbers of federal employees. On the 10th (local time), according to AFP and CNN, Russell Vought, director

US-China tensions reignite…AI and semiconductor stocks collapse Nasdaq and S&P 500 record largest drops in six months New York markets plunged across the board. U.S. President Donald Trump hinted at the possibility of the cancellation of a summit wit