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Trump: "Will announce large-scale layoffs within days" Political conflicts over 'Obamacare' and others paralyze the administration As some functions of the U.S. federal government remain suspended in a "shutdown" (temporary stop of operations), now e
Entered the 1,430-won range for the first time since last May New York stock market plunged across the board… Nasdaq fell in the 2% range The won-dollar exchange rate surged in after-hours trading and briefly topped 1,430 won. U.S. President Donald T
Yu Ji-hee Hankyung.com reporter keephee@hankyung.com
President Donald Trump and Chinese President Xi Jinping hinted that they might not meet at the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, North Gyeongsang Province, at the end of this month. He then announced that from November 1 he
Israeli forces said that a ceasefire took effect in the Gaza Strip at 12:00 p.m. on the 10th (6:00 p.m. Korea time), and that troops have withdrawn. In a statement that day, the Israeli forces announced, "After 12:00 p.m., troops began redeploying al
Exchange rate at highest in 5 months Weak yen and euro spur a strong dollar The rule 'exchange rate up, stocks down' is broken Resolution of Korea-U.S. trade talks is the biggest variable Although the stock index once again hit an all-time high, the
Major countries such as the United States and the European Union (EU) are preparing bills one after another to incorporate digital assets such as stablecoins into the regulated financial system. However, for blockchain infrastructure, which underlies
Local currencies and public vouchers also managed by 'blockchain' Government to pursue enactment of Blockchain Framework Act Build national platform to apply the technology The Ministry of Science and ICT is seeking to enact a Framework Act to foster
Democratic Party's 'KOSPI 5000 Special Committee' counterpunch Plan to review introduction of on-demand dividend system On the 10th, the People Power Party officially launched the 'Special Committee for Stock and Digital Asset Value-up' and decided t
The power struggle between Chinese President Xi Jinping and U.S. President Donald Trump is intensifying. This is to gain an advantageous position in negotiations ahead of the US–China summit to be held later this month in Gyeongju, North Gyeongsang P
Komeito in Japan has decided to withdraw from the coalition government led by the Liberal Democratic Party (LDP). According to foreign media such as NHK and the Mainichi Shimbun on the 10th, Komeito leader Tetsuo Saito met for about an hour and 30 mi
A showdown between Chinese President Xi Jinping and U.S. President Donald Trump is intensifying. This is an effort to gain an advantageous position in negotiations ahead of the U.S.-China summit to be held in Gyeongju at the end of this month. After
Won–dollar exchange rate hits highest in five months Offshore trading flows reflected at once after the long holiday Also dragged down by sharp drops in the yen and euro Won weakens further as Korea-U.S. talks remain deadlocked If U.S. investment dea
Ken Griffin "It's hard to believe investors are moving into dollar alternatives" Gold retreats from $4,000 per ounce as Middle East tensions ease Amid a 'gold rally' in which safe-haven demand has pushed international gold prices toward the $4,000-pe
Korea Investment & Securities on the 10th judged regarding Naver (NAVER) that "if it incorporates Dunamu, which operates the cryptocurrency exchange Upbit, as an affiliate, the valuation (stock price level relative to earnings) discount will be resol
The three major New York stock market indices all fell. It is attributed to a surge in profit-taking selling. On the 9th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 46,358.42, down 243.36 points (0.5
◆ New York stocks close lower across the board as tech fatigue breeds selling pressure All three major New York stock indices closed in the red. On the 9th local time, the Dow closed at 46,358.42, down 0.52% from the previous session. The S&P 500 clo
Gold, coins, and stocks all rising at once in an 'everything rally' The 'debasement trade' becomes mainstream As countries take on massive debt Investments hedging against currency depreciation spread Gold, Bitcoin, and the S&P hit 'record highs' Wal
Domestic blockchain companies will massively participate in the Middle East's largest information technology (IT) expo, 'GITEX', held on the 13th in Dubai, United Arab Emirates. The Ministry of Science and ICT and the Korea Internet & Security Agency
Amid talk that U.S. President Donald Trump, who helped broker the dramatic cease-fire agreement between Israel and the Palestinian armed group Hamas, might win the Nobel Peace Prize, foreign betting sites also show that Trump's chances of winning hav
IMF Managing Director "Optimism about AI could suddenly reverse" BOE "Price-to-earnings ratios approaching dot-com peak" The global financial authorities, the International Monetary Fund (IMF) and the Bank of England (BOE), warned that the artificial
OpenAI signs AMD chip supply agreement Secures AI chips at bargain prices by leveraging share price increase NVIDIA invests US$100 billion in OpenAI OpenAI leases NVIDIA GPUs in return Altman: "The economic value of AI is limitless" NVIDIA is investi
[Breaking] China's Ministry of Commerce announces export control measures on rare earths and related technologies Choi Su-jin Hankyung.com reporter naive@hankyung.com
Mediator Qatar also confirms deal "Both sides agree to all clauses of phase 1 of the ceasefire agreement" Israel and the Palestinian armed faction Hamas, which have been fighting in the Gaza Strip for two years, agreed on phase 1 of a ceasefire agree
President Donald Trump announced on the 8th (local time) that Israel and the Palestinian armed group Hamas have reached an agreement on phase 1 of the 'Gaza peace plan'. President Trump said on the social media platform Truth Social, "I am proud to a
Major U.S. New York stock indices rose on the 8th (local time), closing at record highs for the Standard & Poor's (S&P) 500 despite the continued temporary U.S. federal government shutdown and concerns over an 'AI bubble.' International gold prices a
JPMorgan "Additional demand of 1.4 trillion dollars by 2027" Stablecoins pegged 99% to the dollar instead of government bonds Although the dollar's safe-haven status is currently being challenged by gold, JPMorgan analysts predict that dollar demand