- Trump offers 10% tariff for US-made steel and aluminum if over 85% is used
- U.S. President Donald Trump has decided to apply a 10% preferential tariff on foreign equipment and machinery that uses 85% or more of U.S.-made steel and aluminum, in an effort to increase the use of these met...
- 2026-06-02
- US Treasury: "We will not make a bad deal with Iran... patience is not infinite"
- U.S. Treasury Secretary Scott Besant reaffirmed on the 28th (local time) that the United States will not agree to a "bad deal" regarding the cessation of hostilities with Iran.However, he reiterated warnings th...
- 2026-05-29
- US Trade Representative, "Impose comprehensive semiconductor tariffs at the appropriate time... Not immediately"
- Jamieson Greear, the representative of the U.S. Trade Representative (USTR), stated on the 22nd (local time) that a comprehensive tariff on semiconductors would be imposed at an appropriate time, but not immedi...
- 2026-05-23
- Samsung Electronics Averted Disaster for Korean Economy… High Inflation, Interest Rates, and Exchange Rates Remain Variables
- With Samsung Electronics' labor and management reaching an agreement on performance-based pay disputes on the 20th, avoiding a strike, hopes are rekindled that the semiconductor boom, which has led the economic...
- 2026-05-21
- Korea-Japan to push crude oil and petroleum product swaps... "Joint response to supply chain crisis"
- Korea and Japan will push for the establishment of a crude oil and petroleum product swap system on the occasion of the South Korea-Japan summit held in Andong, Gyeongsangbuk-do on the 19th.This move comes as t...
- 2026-05-19
- US-China Economic Chiefs Meet in Korea… Coordinating Summit Agenda
- High-level representatives from both the U.S. and China met in South Korea on the 13th ahead of the U.S.-China summit.U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng met around 12:30 PM ...
- 2026-05-13
- U.S. Senate Approves Nomination of Kevin Walsh as Next Fed Governor
- The U.S. Senate confirmed the nomination of Kevin Warsh to the Federal Reserve Board of Governors (14-year term) on the 12th (local time). This marks a significant step towards the final vote on Warsh, whom Pre...
- 2026-05-13
- International oil prices surge amid renewed Middle East tensions... Brent crude up 5.8%
- International oil prices surged as military tensions in the Middle East, including the Strait of Hormuz, escalated again on the 4th (local time).On the same day, Brent crude futures for July delivery closed at ...
- 2026-05-05
- With Japan's overtake in sight this year…Samsung's strike casts a pall over the export front
- Tension is building across the export front as Samsung Electronics unions have announced a 18-day total strike starting on the 21st.With semiconductors accounting for nearly 40% of total exports, concerns are r...
- 2026-05-03
- Airline fuel surcharges double starting today... Low-profit routes are gradually being reduced.
- Due to the ongoing Middle Eastern conflict, international oil prices are soaring, leading to airline tickets booked this month being subject to a fuel surcharge approximately double that of the previous month.A...
- 2026-05-01
- Wash Fed Chair Nominee Passes Senate Banking Committee... Awaiting Full Senate Vote
- The nomination of Kevin Warsh as the nominee for Chairman of the U.S. Federal Reserve (Fed) passed the Senate Banking Committee on the 29th (local time).Confirmation will be finalized through a vote by the full...
- 2026-04-30
- Amcham: "Korea's Competitiveness Will Rise with Regulatory Predictability and Global Consistency"
- The American Chamber of Commerce in Korea (AmCham Korea) announced on the 29th that it has published the '2026 Domestic Business Environment Insight Report,' which outlines policy agenda items for improving Kor...
- 2026-04-29
- Korean Ship Exits Red Sea... First Time Since Strait of Hormuz Blockade
- The Ministry of Oceans and Fisheries announced on the 17th that our vessel, loaded with crude oil from the port of Yanbu, Saudi Arabia, has safely exited the Red Sea. According to the Ministry of Oceans and Fi...
- 2026-04-17
- The Monetary Policy Committee "expects this year's growth rate to be below 2.0% and inflation to significantly exceed 2.2%."
- Monetary Policy Board: "Expected growth rate this year to fall below 2.0% and inflation to significantly exceed 2.2%""Future monetary policy will be determined by monitoring the Middle East conflict, inflation,...
- 2026-04-10
- Trump, Marking the 1st Anniversary of Liberation Day, Strengthens Tariffs on Pharmaceuticals and Steel
- President Donald Trump on Thursday (April 2nd), exactly one year after imposing tariffs on the rest of the world on Liberation Day (April 2nd, 2025), imposed tariffs on pharmaceuticals and strengthened tariffs ...
- 2026-04-04
- Preview of the hearing… 5 key verification points for Bank of Korea Governor nominee Shin Hyun-song
- The assessment of Shin Hyun-song, the nominee for Governor of the Bank of Korea, is clear from the outset. On March 22nd, President Lee Jae-myung nominated Shin, describing him as a "world-renowned authority in...
- 2026-03-31
- S Uncertainty Grows as Treasury Yields Rise and Stock Prices Fall
- Amid escalating tensions surrounding the war in Iran, South Korean, Japanese, and Taiwanese stock markets all declined on March 30 (local time).According to Yonhap Infomax, South Korea's KOSPI closed down 2.97%...
- 2026-03-30
- Exchange rate surpasses 1,520 won due to Middle East concerns... first time since financial crisis
- The KRW/USD exchange rate surpassed 1,520 won on the 30th due to ongoing Middle Eastern instability.This is the first time the exchange rate has jumped above 1,520 won since the financial crisis.On the Seoul fo...
- 2026-03-30
- “Public 5-day driving ban to save oil”… but its effectiveness is questionable
- The government has decided to strengthen the "public sector carpooling (weekday ban)" to conserve energy. The Ministry of Climate, Energy, and Environment reported its response plan to the Cabinet on the 24th, ...
- 2026-03-24
- Producer Prices Rise Again... Livestock Products and Financial Costs Face "Dual Pressure" in Full Swing
- In February 2026, producer prices showed an upward trend again, indicating a renewed inflation pressure. Particularly, the surge in prices of livestock products and financial/insurance services suggests a highe...
- 2026-03-24
Iranian Foreign Ministry: "Continuing Message Exchanges with the U.S. and Activities of Mediating Countries"
Esmaeil Baghaei, Spokesperson for the Iranian Ministry of Foreign Affairs [Xinhua, Yonhap News file photo]Esmaeil Baghaei, spokesperson for the Iranian Ministry of Foreign Affairs, stated on the 26th
President Yoon: "Do You Think You Are Safe from the Special Counsel?"... Final Statement Video Released
President Yoon Suk Yeol rebuking the special prosecutor on the 24th. [Court video / @birds_justice X account subtitle GIF] A video of President Yoon Suk Yeol's closing statement at his trial rega
President Yoon, regarding the first-instance ruling on the Public Official Election Act: “An excessive political verdict that distorts the facts… We will appeal immediately.”
The first-instance sentencing hearing for President Yoon Suk Yeol regarding violations of the Public Official Election Act is being broadcast live at Seoul Station on the 27th. [Photo=Yonhap News]Pres
WSJ: "SK Hynix ADR Premium Is a Sign of AI Trading Overheat"
Advertisement for SK Hynix ADR listing in New York's Times Square [Reuters=Yonhap News file photo]The Wall Street Journal (WSJ) has pointed out that the price of SK Hynix’s American Depositary Recei
'Godfather of Japanese Mystery Novels' Keigo Higashino Passes Away After Battle with Cancer at 68
Famous Japanese mystery novelist Keigo Higashino [AFP=Yonhap News]It has been belatedly reported that Keigo Higashino, the "godfather of Japanese mystery novels" and author of bestsellers such as "The
[Park Pil-kyu Security Column] To the Ignorant Trying to Clothe a Beast in Sheep's Clothing
Rep. Kim Byung-joo of the Democratic Party of Korea [Photo=Yonhap News]“The Air Force Academy doesn't teach you how to fly a plane!” “The Army, Navy, and Air Force academies are exactly the
[Issue Diagnosis] Two Effects of the Election Petition Review
[Photo] Evidence of Election Fraud Flooding U.S. Media… Trump Had 2.7 Million Votes Stolen
[Video] U.S. Semiquincentennial Air Show... 'Art in the Sky' streaks across New York
[Editorial Cartoon] A Draconian Law That Undermines Freedom of Expression
