Korea Economic Daily

The KOSPI is trading lower in early trade, as foreign investors are selling both cash and futures. Institutional investors have also joined in selling stocks. This is the first time in 12 trading days since the 1st that the KOSPI has started the regu

KOSPI rises for 11 consecutive trading days…breaks above the 3,400 level Expectations grow for the resolution of the 'Korea discount' The South Korean stock market has recorded the highest increase among major global stock indices so far this month.

From subsidy hunting to regulatory arbitrage… 'Arbitrage economy' shaking the global economy Recently, an 'arbitrage economy' that maximizes profits by exploiting complex related systems rather than innovation is emerging. Factors include geopolitica

Major U.S. stock indices closed slightly lower. Investors remained cautious a day ahead of the U.S. central bank's (Fed) September Federal Open Market Committee (FOMC) regular meeting results. On the 16th (local time) at the New York Stock Exchange (

Tesla continues to rise and Oracle rises on participation in TikTok consortium On the 16th (local time), when the Federal Open Market Committee (FOMC), which sets the U.S. benchmark interest rate, began, the New York stock market showed mixed trading

August 0.6% increase…three times the expectation U.S. retail sales for last month exceeded market expectations. Despite concerns that tariffs and other uncertainties would weaken consumer sentiment, retail sales rose for the third consecutive month.

U.S. August retail sales increased by 0.6%, marking the third consecutive month of gains. On the 16th (local time), the U.S. Department of Commerce said retail sales not adjusted for inflation rose 0.6%, similar to July. This exceeded forecasts from

Base rate almost certain to be cut by 0.25%p Cook's dismissal stayed on appeal and Myron confirmed by the Senate The Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will meet for two days on the 16th and 17th local U.S. time. This me

Euro strengthens as Fed cuts expected while ECB is seen keeping rates unchanged Dollar hedging by ETFs buying US stocks and bonds also increases The euro is showing its largest gain in four years. This is because the US Federal Reserve is expected to

Semiconductor stocks lead gains on expectations of U.S. rate cuts and AI demand Asian stock markets have been strong for consecutive days. Expectations of U.S. rate cuts and strength in semiconductor and related stocks due to AI demand have driven up

Steven Myron Fed board confirmation Economic adviser from an obscure Wall Street analyst background One of the architects of tariff policy Will Trump's pressure for rate cuts work? Steven Myron (42·photo), who has been called "Donald Trump's confidan

The Onslaught of Stablecoins (14) Korean Companies Seeking Opportunities in the U.S. Samsung Invests in 'Rain' with Visa Stablecoin Payments at Merchants in Various Countries Embedded in Phones, Pay, etc... Strategic Move Coupang Also Joins as an Ini

Japan allows banks, money transfer operators, etc. In the U.S., non-financial entities can also issue In South Korea, ahead of the institutionalization of won stablecoins, debate continues over how far issuers should be permitted. On the 16th, accord

U.S. President Donald Trump proposed changing the reporting cycle for U.S. companies' earnings from quarterly to semiannual. On the 15th (local time), Trump said on Truth Social, "(Semiannual reporting) would not only save costs but also allow manage

August overall car exports up 8.6% U.S. down 15.2%·EU up 54.0%·Other Europe up 73.2% Exports of eco-friendly cars such as electric vehicles up 26.6% Due to the 'Trump tariff,' South Korea's auto export value to the U.S. fell for the sixth consecutive

U.S. online outlet Axios reported on the 15th (local time) that the Israeli military has begun a ground offensive to seize Gaza City, the largest city in the Gaza Strip. Axios, citing Israeli government officials, said Israeli tanks entered the city

Alphabet surpasses $3 trillion market cap Major U.S. stock indices all rose. Investor sentiment appeared to improve after President Donald Trump described the U.S.-China trade talks as "going very well." On the 15th (local time) in New York, the Dow

◆ Major U.S. indices gain on one comment from Trump Former U.S. President Donald Trump gave a positive assessment of the U.S.-China trade talks, saying they were "very well done," and on the 15th local time New York stock market's major indices close

Tesla on Musk buy, Alphabet also surpasses $3 trillion market cap Ahead of expectations for the Federal Reserve Board's first rate cut, U.S. stocks rose on the 15th (local time), pushing the S&P500 to another record high. President Trump saying that

U.S. President Donald Trump said on the 14th–15th (local time) that the U.S.-China trade talks held in Spain "went very well." On the 15th, President Trump said via the social networking service (SNS) Truth Social, "The big trade negotiation between

Additional stimulus such as fiscal support expected to achieve annual 5% growth China's August factory production, investment and consumption indicators all showed the slowest growth in a year. As a result, it is widely expected that the Chinese gove

2020 Mellanox acquisition and related contracts Specific details of the violation not disclosed China's market regulatory authority announced on the 15th (local time) the results of a preliminary investigation that NVIDIA violated China's antitrust l

0.25% drop seen as certain, focus on dot plot forecasts and Powell's outlook Options market expects up to 0.72% intraday swings on rate announcement day With expectations mounting that the Federal Reserve will cut its policy rate this week, global ma

Trump demanded a 0.5 percentage point cut but Inflationary pressures likely limit it to a 0.25 percentage point cut U.S. President Donald Trump effectively demanded a "big cut" (a 0.5 percentage point cut in the policy rate) from the U.S. central ban

Fourth consecutive day of 'record highs' Semiconductors and securities stocks lead the rally Riding industry improvement and shareholder-friendly policies Foreign buying pushes past 3400 for the first time Shipbuilding, defense, and nuclear stocks th

August production, consumption, and investment fell short of expectations Price declines continue amid economic slowdown Last month, China's production, consumption, and investment all fell short of market expectations, marking a 'triple shock.' As c

K Bank has entered final preparations for its third initial public offering (IPO) attempt. It is holding last-minute negotiations with major financial investors (FIs) over an appropriate company valuation. According to the investment banking (IB) ind

Prime minister frontrunner Takaichi, pro-expansionary fiscal stance "Inflation and the weak yen can no longer be left unchecked" With the Bank of Japan expected to keep the policy rate unchanged this month, the prospect of a rate hike in October is i

Deputy Prime Minister and Minister of Economy and Finance Gu Yun-cheol In his KIW keynote speech: "Strengthen economic fundamentals... KOSPI 5000 and beyond" "The government will no longer ask 'Can we do it?'. We will simply do it. We will go all in

As the hegemony of the US dollar strengthens, the formula that an exchange rate rise leads to increased exports is losing its power. Analysts say it takes too long for the benefits of a high exchange rate to appear because export and import payments