Korea Economic Daily

'Buffett indicator' hits an all-time high Buffett "It is desirable to buy stocks when this ratio is at the 70%,80% level" The "Buffett indicator," which Warren Buffett once used as a yardstick for valuing the U.S. stock market, has reached an all-tim

Dollar weak on US government shutdown concerns, gold hits record high On the 29th, global markets including Asian stock markets showed gains. The US August personal consumption expenditures (PCE) data released last weekend rose 0.3%p month-on-month,

Liquidity-driven market after U.S. rate cuts Gold and silver ETFs up in the 20% range over one month Mining-stock products rose even more ETFs linked to precious metal commodities such as gold and silver and related mining-stock ETFs are surging. The

A way to avoid the 'dual listing controversy' Naver Financial is expected to move forward with an initial public offering (IPO) in earnest after completing a share exchange with Dunamu. This is to have the company value of Naver Financial, which woul

After a share exchange of Naver Financial Voting rights to be transferred by trust Naver, the second-largest shareholder, will have 'de facto control' In the integration process between Naver and Dunamu, it has been confirmed that Song Chi-hyung, cha

Why is the Korean government bond market being shunned? Sold government bond futures for seven consecutive days 3-year yield jumps 0.16%P Selling turned amid a shift in sentiment Bank of Korea turns hawkish as house prices don't cool Odds of an Octob

Hee-soo Jeong, Head of the Hana Institute of Finance Finance Meets Stablecoins We first encountered the virtual asset called Bitcoin in 2008, through the paper by Satoshi Nakamoto (Bitcoin: A Peer to peer Electronic Cash System). The concept of block

Outline of the companies' '1-for-3 share exchange'…persuading shareholders is the biggest issue Considering the valuation of the combined entity Pushing for a mid- to long-term merger with Naver If the new Naver Financial's corporate value becomes to

Rate-hike probability doubles in one month Bond yields jump to a 17-year high Will respect Koizumi's judgment on the BOJ The Bank of Japan (BOJ)'s chances of a policy rate hike in October are rising sharply. With forecasts that could breach the '0.5%

The won-dollar exchange rate fell to the 1,300-won range (the won's value rose). The exchange rate, which had risen by nearly 12 won in the previous trading day and broken through 1410 won, reversed by more than that in a single day. On the 29th in t

Precious metal commodities such as gold and silver and related mining stock exchange-traded funds (ETFs) are surging. The gains are continuing as beneficiaries of the 'everything rally (all assets rising)' brought by interest rate cuts by the U.S. ce

Kim Byeong-gi, floor leader of the Democratic Party of Korea, said on the 29th, "I actively support the government's response and negotiations in the U.S.-Korea tariff talks." At the Supreme Council meeting held at the National Assembly that morning,

Dunamu shareholders, Woori Technology Investment · Hanwha Investment & Securities stock prices ↑ Chairman Song Chi-hyung likely to overtake Chairman Lee Hae-jin's stake and Dunamu-related stocks have been fluctuating day after day. This is due to gro

First emergency meeting after the withdrawal of the organizational reorganization Lee Eok-yeom, Chairman of the Financial Services Commission, and Lee Chan-jin, Governor of the Financial Supervisory Service, held their first emergency meeting since t

Daishin Securities report Daishin Securities noted on the 29th that , through a 'big deal' with Dunamu, has secured long-term growth drivers rather than short-term earnings improvement. Ji-eun Lee, a researcher at the securities firm, said, "It has b

Kim Jeom-sun, Executive Director, Hana Securities Dogok WM Center "The dollar that strengthens in crises" "Prefers fund managers who performed well even during prolonged market downturns" "When interest rate volatility increases, you must check if it

Historic-length long holiday amid uncertainty Exchange rate rising and tariff negotiation risks too 'You never know what might happen…avoid risks' vs 'Now is a bargain-buying opportunity' With the long Chuseok holiday one week away, domestic stock ma

Blurring the finance·tech boundary PayPal·Shopify·Google·Meta, etc. All-out push to seize the stablecoin ecosystem To build a 'KRW payments' market Combination of traditional finance and tech firms is essential Global tech companies are increasingly

Volodymyr Zelenskyy, the President of Ukraine, reportedly met President Donald Trump on the sidelines of the United Nations General Assembly in New York on the 23rd (local time) and asked for support of the United States' long-range cruise missile, t

The three major New York indices rebounded after four days. A price gauge preferred by the U.S. central bank (Fed) matched expectations, drawing bargain buying that supported the market. On the 26th (local time) at the New York Stock Exchange (NYSE),

National security, air traffic control, and law enforcement duties will continue Nonessential federal employees on unpaid leave State governments operate on their own budgets, impact limited Various economic data releases delayed…concern over a gap i

Restrictions on financial firms' virtual asset investments Divided interpretations over applying Naver Pay Possibility of regulatory adjustment by financial authorities In talks over a merger between Naver and Dunamu, there is an expectation that the

Naver's governance structure changing dramatically Dunamu's Song Chi-hyung as largest shareholder After completing share swap with Dunamu Financial arm to pursue merger with Naver The 'big deal' between Naver Financial and Dunamu is seen as a step to

On the 25th (local time), U.S. President Donald Trump claimed that South Korea's $350 billion investment was "prepayment." He excluded loans or guarantees and demanded cash on a blank check without specifying investment targets. The Trump administrat

The domestic foreign exchange market will be open 24 hours starting next year. This is a preparatory move for inclusion of the Korean stock market in the Morgan Stanley Capital International (MSCI) Developed Markets Index. The Ministry of Economy and

Intel in crisis, desperate struggle for survival NVIDIA has already decided to invest The pride of the U.S. semiconductor industry, Intel, reportedly requested an "investment and manufacturing partnership" from Taiwan foundry company TSMC following A

KOSPI slightly lower for the second day…risk-asset avoidance sentiment activated Won–dollar exchange rate breaks 1410 won in night trading for the first time in 4 months "U.S. price stability delayed, expectations for monetary easing also weakened" "

The three major New York stock market indices fell together for a third consecutive day. This is attributed to diminished hopes for a rate cut after the U.S. second-quarter gross domestic product (GDP) growth rate was revised sharply upward. On the 2