Korea Economic Daily

10-year yield also climbs above 2.7% Markets increasingly price in a near-term rate hike Disappointment with the outcome of the Trump-Xi meeting, which produced no breakthrough on the Iran war, shifted market focus to rising oil prices and inflation,

Arm Holdings Plc, the British chip designer, is under antitrust investigation by the US Federal Trade Commission, Bloomberg reported on May 16, citing people familiar with the matter. The FTC is examining whether Arm sought to illegally monopolize pa

South Korea’s Kospi reclaimed the 7,500 mark on May 18, rebounding sharply after an early plunge that was severe enough to trigger a temporary halt on program sell orders, known as a sell sidecar. Easing concerns over a strike at Samsung Electronics

Safety facilities, wafer-protection work and facility occupation all restricted A court in Suwon on May 18 granted Samsung Electronics Co.'s request for a preliminary injunction against illegal strike actions by the Samsung Electronics branch of a su

Bloomberg interviews 32 asset managers Overall investor sentiment is highly bullish But concern over rising yields is pronounced "Rates above 5% are very dangerous for stocks" Global investors are betting aggressively on technology stocks and artific

Walmart, Target earnings due this week Results may offer a read on America’s K-shaped economy Shanghai shares may take cues from US-Iran ceasefire talks Investors in New York this week will focus on earnings from Nvidia and major US retailers, along

Samsung Electronics Co. and its labor union will resume negotiations on May 18 to try to resolve a dispute over performance bonuses. The two sides are set to reopen talks at 10 a.m. on May 18 at the National Labor Relations Commission, South Korea’s

NH Investment & Securities sees the Kospi moving between 7,200 and 8,100 this week The Kospi is entering a breather this week, from May 18 to May 22, as investors weigh risks at home and abroad, including the war in the Middle East and the possibilit

Says only commercial vessels and countries cooperating with Tehran will benefit Also says it will secure costs and fees under the new framework Iran said it will soon unveil a new system to control ship traffic through the Strait of Hormuz. Ebrahim A

Samsung Electronics Chairman Jay Y. Lee apologized to the South Korean public and customers worldwide, saying internal problems at the company had caused anxiety and damaged trust. He also called for a swift resolution to the company's labor dispute,

Reversal in leverage on display in Beijing Xi warns on Taiwan while Trump praises China President Donald Trump’s visit to Beijing, the first by a U.S. president in nine years, laid bare a subtle shift in the balance of power between Washington and Be

South Korea’s Kospi turned sharply lower on May 15, falling more than 3% in intraday trading after briefly climbing above 8,000 as investors took profits. As of 11:23 a.m., the benchmark index was down 254.44 points, or 3.19%, at 7,726.97. The Kospi

China Promotes a ‘New Order’ While the US Sticks to Trade Beijing Seeks to Recast Ties as Washington Takes a Transactional Approach The gap between Beijing and Washington in assessing the first US-China summit held in Beijing in nine years is becomin

Eight traders competed at a New York boxing gym They battled for a $10,000 prize and a decorative katana Event blended Gen Z investing culture with livestreaming Spectator-style crypto trading is gaining traction Crypto trading is increasingly being

South Korean President Lee Jae-myung again defended expansionary fiscal policy on May 15, citing International Monetary Fund remarks on the country’s fiscal stance. The post was his latest public rebuttal of austerity arguments. Lee pointed to IMF co

OpenAI is weighing legal action against Apple after concluding the companies' partnership to bring ChatGPT to Apple devices such as the iPhone has fallen short because Apple did not do enough to support the integration. Bloomberg reported on May 14,

Korea Investment Week Hong Eun-pyo, Attorney at Lee & Ko "Putting real-world assets, or RWAs, on-chain is more than a technical experiment. It is a financial infrastructure revolution that can reshape capital markets." Hong Eun-pyo, an attorney at Le

Government Specifies Conditions for Ending Fuel Price Cap for First Time South Korea’s Ministry of Trade, Industry and Energy said it will review lifting its fuel price cap if international crude prices fall below $100 a barrel. It is the first time

Kosdaq also rises South Korea’s Kospi climbed back above the 7,900 level in early trading despite concerns over US inflation. Samsung Electronics shares rose sharply, while SK Hynix remained under pressure after failing to hold above 2 million won. A

President Donald Trump arrived in Beijing on the night of May 13. He is scheduled to hold bilateral talks at 10 a.m. Beijing time on May 14. While the possibility of a strategic grand bargain between the US and China has been raised, the circumstance

President Donald Trump begins his first visit to China in nine years President Donald Trump and Chinese President Xi Jinping are due to hold summit talks in Beijing on May 14. Trump arrived for a two-night, three-day state visit to China at Xi’s invi

Upbit Holds ‘Upclass’ Lecture Tour at Major Universities ‘K-Finance and K-Fintech Can Become Industries Korea Is Proud Of’ “The key to early stablecoin adoption is distribution through exchanges.” Oh Kyung-seok, chief executive officer of Dunamu, mad

Trump Returns to Beijing for First Time in Nine Years China Puts Tech Gains Ahead of the Forbidden City New York Times Says China’s View of the US Has Changed Interest in Studying in the US Also Loses Ground China Watches Trump’s Deal-Making Diplomac

South Korea’s presidential office said it will continue to support talks between Samsung Electronics Co. and its labor union after government-led post-mediation efforts broke down. With Samsung’s largest union warning of a general strike starting May

Samsung Electronics, SK Hynix Reverse Higher South Korea’s Kospi index reversed losses in intraday trading after slumping into the 7,400 range, reclaiming the 7,700 level as chip stocks pared early declines. As of 10:50 a.m. on May 13, the Kospi stoo

US April CPI rises 3.8%, highest since May 2023 Major New York stock indexes ended mixed on May 12 as inflation concerns intensified in the US. International oil prices also rose as tensions between the US and Iran escalated. The Dow Jones Industrial

Bond selling accelerates after April CPI report South Korean market weakness pressures semiconductor shares US stocks fell on May 12 as investors sold both equities and bonds after oil prices climbed and the April consumer price report reignited infl

Russian President Vladimir Putin appeared at Russia’s Victory Day military parade with a noticeably puffy face, fueling renewed speculation about his health. The New York Post reported on May 11 that Putin’s swollen face and gaunt look drew attention

Brent crude futures rise to $103 a barrel Israel says conflict with Iran is not over International oil prices turned higher again on May 11 as Israel warned that its conflict with Iran was not over and President Donald Trump rejected an Iranian propo