Korea Economic Daily

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

Shin Yong-hyun Hankyung.com reporter yonghyun@hankyung.com

Lee Chang-yong, Governor of the Bank of Korea, said on the 17th that he would take note that a high exchange rate could raise consumer prices. He said, "I am taking the situation seriously," and "I will monitor it closely with vigilance." At a briefi

Jumped nearly 7% in early trading Immediately plunged … trading below IPO price Impact of global cryptocurrency market downturn HashKey Holdings, operator of Hong Kong's largest cryptocurrency exchange HashKey, debuted on the Hong Kong stock market.

The won-dollar exchange rate exceeded 1480 won intraday on the 17th. It is showing an upward trend due to foreign investors' selling of domestic stocks and other factors. In the Seoul foreign exchange market, the won against the U.S. dollar was 1481.

Grains and livestock products: dollar-denominated import prices fell Won prices converted according to the exchange rate are rising across the board The gap between 'dollar prices' and 'won prices' is growing. This is the effect of the won-dollar exc

Kim Min-seung's ₿official The definition of stablecoins varies widely depending on the observer. To anti-money laundering experts they are a new high-tech means of money laundering, to Wall Street and the U.S. Securities and Exchange Commission (SEC)

"Moved monetary policy to a neutral level at the December FOMC" "U.S. economic growth to rebound to 2.25% next year" Amid ongoing differences in views within the U.S. central bank (Fed) over monetary policy, John Williams, president of the Federal Re

With U.S. markets showing mixed moves overnight, domestic markets are expected to take a wait-and-see stance on the 17th. The KOSPI, which fell nearly 4% over two days, is analyzed to have limited upside even if it rises. The previous day, the KOSPI

On the 16th (local time), when data showed the U.S. unemployment rate surged to a four-year high, the New York stock market closed mixed. At the New York Stock Exchange, the Dow Jones Industrial Average closed down 302.30 points (0.62%) from the prev

Susie Wiles White House Chief of Staff Interview published in 'Vanity Fair' An interview article published on the 16th (local time) revealed that Susie Wiles, who was regarded as one of Donald Trump, the President of the United States's closest aides

◆New York stocks mixed on employment concerns…Tesla hits record high The New York market, which received public data on the U.S. labor market after a six-week gap caused by a federal government shutdown, closed mixed today amid caution. At the New Yo

Excluding autos and gasoline, up 0.5% Electronics, furniture stores, department stores, etc.: consumption led by wealthy households U.S. retail sales in October were unchanged from the previous month, neither rising nor falling. They underperformed m

U.S. regulatory easing leads to bank entry Circle, Ripple among those receiving preliminary approval JPMorgan applies blockchain to MMFs Global fintech and payments firm PayPal is seeking to establish a bank in the United States. After the inaugurati

WTI traded around $56 per barrel Excess supply expected to keep oil prices on a downward trend into next year The price of Brent crude, the international benchmark for oil, fell below $60 per barrel for the first time in five years. Due to excess sup

Continued strength against the dollar and the euro BOJ expected to raise its policy rate from the current 0.5% to 0.75% With markets expecting a Bank of Japan policy rate increase, the yen has been gaining against major currencies day after day. On t

Samsung, Hyundai Motor, SK, Hanwha, etc., summoned Interpreted as 'Put held dollars into the market' Won–dollar exchange rate approaching the 1,480-won level As the exchange rate surged, the government again summoned executives of major domestic expo

Trump: "Possibility of a ceasefire closer than ever" U.S. officials: "About 90% of discussed items agreed" "The proposals offered to Ukraine are similar to the NATO treaty" The United States has proposed a level of security guarantees to Ukraine simi

The three major U.S. stock indexes closed lower on concerns about an artificial intelligence (AI) bubble. On the 15th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 48,416.56, down 41.49 points (0.09%)

◆New York stock market, all three indices fall ahead of economic data releases… Nasdaq down 0.59% The three major New York stock indices all closed lower. On the 15th local time, the Dow Jones index closed at 48,416.56, down 0.09% from the previous s

Gold price nears record high at $4,340 per ounce NVIDIA and Tesla rise, Broadcom and Oracle continue to fall New York stocks opened mixed on the 15th (local time), attempting to rebound on hopes for this week's employment report and inflation and oth

As silver prices reached record highs, the share prices of mining companies that mine silver also surged. Wheaton Precious Metals (ticker WPM)'s share price was $117.53 on the 12th, up 14.91% over the past month and 102.39% year-to-date. The company,

Asia's stock markets fell in unison after the 'artificial intelligence (AI) bubble' debate resurfaced in the U.S. market. Samsung Electronics and SK Hynix also could not avoid 2~3% declines. With semiconductor stocks weak, rotation flows moved into b

The Bank of Korea is considering a plan to expand the forward guidance of Monetary Policy Board members. It intends to reform the current format, which presents the possibility of the direction of interest rates three months ahead, into a dot plot th

Broadcom CEO raises questions about AI profitability "AI revenue has lower margins than non-AI revenue" Samsung Electronics and SK Hynix both 'weak' President Lee mentions 'delivery delays'; DawonSys plunges The KOSPI index is falling more than 2% in

Financial market situation review meeting The financial authorities said that, in response to the increased volatility in financial markets such as the bond and foreign exchange markets, "if necessary, we will implement market stabilization measures