Korea Economic Daily

Expectations for an improvement in South Korea’s manufacturing sector have weakened, according to a survey of industry experts. Respondents remained positive on semiconductors, but the outlook for chemicals and steel stayed downbeat. The Korea Instit

More than 200 South Korean listed companies could face delisting ahead of the July rollout of tougher exchange rules for so-called penny stocks trading below 1,000 won. Starting next month, listed companies whose shares remain below 1,000 won for 30

The US and Iran have confirmed they will attend working-level talks in Switzerland on June 21, keeping diplomatic contacts alive. Iran's declaration on June 20 that it would reimpose a closure of the Strait of Hormuz has also put implementation of th

Use would be limited to humanitarian purchases The US has begun talks with Qatar on a plan to allow Iran to use $6 billion in funds frozen in Qatar to buy humanitarian goods. The move is intended as an initial financial incentive in nuclear negotiati

Borrowed-money stock bets heat up as the KOSPI approaches 9,000 Deposit- and insurance-backed loans near $28.8 billion South Korea’s craze for “debt-fueled investing” is showing little sign of cooling despite tighter lending curbs from regulators. As

Surge in gold prices pushes global smuggling to $120 billion Gold has nearly doubled over the past two years Demand rises as a tool for money laundering and sanctions evasion A sharp rise in gold prices is heightening concern over illegal gold smuggl

SpaceX, Elon Musk’s rocket and satellite company, is seeking to sell at least $20 billion of investment-grade corporate bonds in its first such offering since its Nasdaq listing, Bloomberg reported on June 18. Citing people familiar with the matter,

SK Hynix's market capitalization rose above 2,000 trillion won ($1.45 trillion) during trading on June 19. As of 9:05 a.m., the stock was trading at 2.838 million won, up 153,000 won, or 5.7%, from the previous session. The advance lifted SK Hynix's

The three major U.S. stock indexes closed higher on June 18, led by a rebound in artificial intelligence and semiconductor shares. The Dow Jones Industrial Average rose 72.15 points, or 0.14%, to 51,564.70 on the New York Stock Exchange. The S&P 500

U.S. Vice President J.D. Vance briefed reporters at the White House on June 18 on Iran. Key remarks follow: "The Iranian side asked that the contents of the agreement not be made public until Friday." "We also wanted to release it as soon as possible

Despite a ‘historic agreement’ between the US and Iran A battle over Strait of Hormuz transit still lies ahead Iranian President Masoud Pezeshkian called the memorandum of understanding signed with the US to end the war a “historic document,” signali

Average daily turnover exceeds 120% Four times that of standard leveraged and inverse ETFs Some products recorded drawdowns of as much as 38% South Korea’s Financial Supervisory Service has issued a public warning to investors in single-stock leverag

Lee Su, Hankyung.com reporter 2su@hankyung.com

Whether an in-person signing ceremony in Switzerland on June 19 will be held is unclear A White House official said on June 17 that President Donald Trump had formally signed a memorandum of understanding to end the war with Iran. Reuters reported th

Warsh does not submit a rate forecast in the dot plot Dot-plot distribution shifts broadly higher The Federal Reserve’s June dot plot, released on June 17, underscored policymakers’ resolve to keep interest rates higher for longer. The dot plot was t

Iran Oil Set to Return as Prices Slide US to Lift Curbs Immediately After June 19 Ceasefire MOU Signing Brent Drops Back Into the $70s The US plans to immediately waive sanctions on Iranian crude when a 60-day ceasefire memorandum of understanding is

Former White House National Security Adviser John Bolton criticized the U.S.-Iran agreement, saying Tehran got the outcome it wanted. He argued the Trump administration ceded the upper hand in negotiations by putting oil-price stability and the reope

The Bank of Japan raised its benchmark interest rate to 1.0% from 0.75% at a monetary policy meeting on June 16, delivering its first increase in six months since December. Japan’s policy rate has reached the 1% level for the first time since 1995. I

The Trump administration is considering setting up a reconstruction fund of as much as $300 billion if Iran agrees to a final ceasefire deal that includes nuclear negotiations. While publicly framed as an investment vehicle backed by private companie

Companies including SK Inc. and Lotte Corp. stand to see a sharp drop in corporate tax costs when retiring treasury shares acquired during holding-company conversions or restructuring. The government is reviewing a plan to exclude gains from such ret

Separate signing ceremony set for June 19 in Geneva US says sanctions relief may be possible depending on Iran’s actions The US and Iran have electronically signed a memorandum of understanding to end the war, according to Vice President JD Vance’s m

U.S. stocks opened higher on June 15 after the United States and Iran reached an agreement to end the war. Reuters reported that as of 9:33 a.m., the Dow Jones Industrial Average had risen 569.90 points, or 1.17%, to 51,799.16 on the New York Stock E

Lee Song-ryeol, Hankyung.com reporter yisr0203@hankyung.com

61 brokerages post combined first-quarter net profit of 4.3271 trillion won Brokerage commissions jump 165.8% as trading value surges Average pay at some securities firms nears 200 million won South Korean securities firms posted record earnings in t

In July 2023, in an office in Qingdao, Shandong province, a man surnamed Peng was setting up a new digital wallet. To move a Bitcoin wallet, he needed a sequence of 12 English words. Known as a mnemonic or seed phrase, it functions as a kind of passw

Mirae Asset Securities joined the underwriting syndicate for SpaceX's initial public offering but did not secure a single share to allocate to Korean investors. In a notice on June 13, the firm said it received no saleable shares in the lead underwri