Korea Economic Daily

The three major U.S. stock indexes in New York closed higher. Google's artificial intelligence (AI) service Gemini 3.0 suggested a new direction for the AI industry, drawing buying interest focused on technology stocks. On the 24th (local time) at th

◆ Google-fueled AI optimism…New York stocks rise The three major US stock indices closed higher as buying centered on tech stocks. On the 24th local time, the Dow Jones Industrial Average rose 0.44% to 46,448.27, the S&P 500 also rose 1.55% to 6,705.

Donald Trump, President of the United States, and Xi Jinping, President of China, on the 24th (Beijing local time) Donald Trump, President of the United States, had a telephone conversation and reportedly exchanged views on bilateral relations, Taiwa

U.S. Commerce Secretary Howard Lutnick said the European Union (EU) must change digital rules if it wants cuts to tariffs on steel and aluminum. Lutnick told Bloomberg TV in an interview on the 24th (local time) that "we are discussing measures to el

NVIDIA systematically rebutted the 'AI bubble' claims Official letter sent to global investors NVIDIA sent materials rebutting the so-called 'artificial intelligence (AI) bubble' claims raised by some parties to major global investors. Even after rep

Nicolai Tangen, CEO of the Norwegian sovereign wealth fund Large-scale capital used for tech investment Could raise productivity in the long term Improves fund investment decisions and operations Nicolai Tangen, chief executive officer (CEO — picture

Discussion on ending the war 'Peace Framework' High-level meeting in Geneva with Rubio and others Joint statement "Guarantee Ukraine's sovereignty" Donbas concession and military size reduction at issue The United States and Ukraine have prepared a '

Naver·Dunamu, press conference on the 27th Lee Hae-jin and Song Chi-hyung to officially announce the merger in person The merger between Naver's subsidiary Naver Financial and Dunamu, which operates Upbit, the country's No. 1 digital asset exchange,

"External soundness indicators are favorable…Concerns about a high exchange rate are excessive at current levels" With the won·dollar exchange rate closing in on 1,500 won, NH Investment & Securities said it expects the exchange rate to stabilize dow

U.S. President Donald Trump once again pressured the Ukrainian government to accept a ceasefire proposal while criticizing the Ukrainian government and former U.S. President Joe Biden. Trump posted on the social media platform Truth Social on the 23r

The U.S. federal government shutdown, which set a record for the longest duration in history, inflicted $11 billion in economic damage, but Treasury Secretary Scott Besent said there is no risk of a recession next year. On the 23rd (local time), Secr

Ranked '3rd from the bottom' among 64 countries Increase in domestic residents' overseas stock purchases 'cause' Last month, the real value of the won fell to its lowest level in 16 years since the financial crisis. This month as well, with the won/d

Donald Trump’s momentum has visibly slackened. In the roughly nine months since his inauguration on January 20, President Trump wielded virtually unchecked power, influencing not only the legislature but also the judiciary. With the Republican Party

New York Fed president's remark "there is room for further cuts" Cut probability in one day 39%→75% Inside the Fed, opinions split evenly between cuts and holds Boston Fed president rebuts "it's not time for easing" Amid a tight split within the U.S.

Nvidia CEO Jensen Huang, who posted record-high results, reportedly expressed regret about the cold market reaction, citing the 'AI bubble' narrative. On the 21st (local time), according to U.S. business outlet Business Insider, Huang described Nvidi

Liquidity worries and AI bubble concerns push the index 'down' "Liquidity should improve as the U.S. shutdown ends" "AI overvaluation concerns are excessive…AI capital expenditure to increase through 2026" The KOSPI was pushed down to the 3,800 level

Over the past week, the U.S. stock market was the epitome of volatility that trapped both bulls and bears. In the never-ending AI bubble narrative, there were Nvidia's earnings, the first official employment data release since the longest U.S. federa

In October, the won's real value fell to its lowest level since the global financial crisis. According to data from the Bank of Korea and the Bank for International Settlements (BIS) on the 23rd, South Korea's real effective exchange rate index stood

No plans to sell" Rich Dad sells Bitcoin amid price decline Robert Kiyosaki, the bestselling author of "Rich Dad Poor Dad," who repeatedly emphasized the value of Bitcoin and said he had "no plans to sell," recently sold part of his holdings during a

NVIDIA paying money to sell chips… 'Win-win' or 'Bubble'? Circular deals(circular deals) 'AI bubble' talk has unsettled global stock markets as U.S. semiconductor firm NVIDIA released its results. NVIDIA's fiscal third-quarter (Aug–Oct) revenue was a

As market interest rates continue to rise, loan rates are also increasing Borrowers with credit ratings 1–3 face annual loan rates around 5% As market interest rates continue to rise, loan rates are also repeatedly increasing. At most banks, borrower

Jang Eui-seong, Head of The Sage Family Office Center, Mirae Asset Securities "AI bubble talk is ultimately premature" "You should not stay away from investing just because a correction has come. In a period when the value of money is falling, active

The three major U.S. stock indices all rose. Dovish remarks by John Williams, president of the Federal Reserve Bank of New York, increased expectations of a policy rate cut by the U.S. central bank (Fed). News that the Trump administration is conside

'Black Friday' retail investors panic Securities firms: "Concerns over an AI bubble are excessive" Investor sentiment on the stock market weakened amid controversy over the overvaluation of artificial intelligence (AI)–related stocks, but analysts on

Slumps to the $85,000 range Investor sentiment weakens as rate cut expectations shrink Bitcoin prices have slumped to the $85,000 range. In the domestic market they also plunged to the 120 million won range. The surprise earnings effect from NVIDIA,

Foreigners' ₩2.8 trillion sell-off bomb Exchange rate 1475.6 won…highest since April 9 The KOSPI plunged nearly 3.8% on the 21st, ultimately closing below the 3,900 level. According to the Korea Exchange, the KOSPI closed at 3,853.26, down 151.59 poi

Barr: "Monetary policy must be run with great caution" Hammack, Goolsbee, etc. also reconfirm opposition to a December cut Voices within the U.S. central bank (Fed) expressing concern about inflation are growing louder. Michael Barr, a Fed governor,

"Don't sell just because there's a bubble… Expected returns over the next 10 years will be low" Ray Dalio, the founder of Bridgewater Associates (hereafter Bridgewater), the world's largest hedge fund, said on the 20th (local time) that bubbles exist