Trump pressures for rate cut again ahead of FOMC... "Should be the lowest in the world"
U.S. President Donald Trump. [Photo = The White House] U.S. President Donald Trump once again pressured the Federal Reserve, the U.S. central bank, to lower interest rates on the 27th (local time
“Ignoring crisp ballots and damaged seals”… Tongyeong mayoral recount concludes with ‘no change in outcome,’ leaving suspicions and public outrage behind
Suspected counterfeit ballots discovered in Tongyeong [GIF from social media of Representative Hwang Kyo-ahn / Attorney Park Joo-hyun]During a recount of the Tongyeong mayoral election in South Gyeong
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
President Lee "MSCI Inclusion Roadmap to be Announced Within the Year... Era of the Korea Premium"
"We will make every effort to ensure there are no concerns about the 'Korea Discount'... focusing on enhancing market credibility."
President Lee Jae-myung visits the New York Stock Exchange (New York = Yonhap News) Reporter Han Sang-gyun = President Lee Jae-myung is waving after pressing the button to open the trading day at the New York Stock Exchange on the 25th (local time).
From left, Kim Nam-joon, Senior Secretary to the President for Political Affairs, Koo Yoon-cheol, Deputy Prime Minister and Minister of Economy and Finance, President Lee, Lee Eok-won, Chairman of the Financial Services Commission, Kim Yong-beom, Chief Economic Secretary, and Lynn Martin, President of the New York Stock Exchange. 2025.9.25 xyz@yna.co.kr
President Lee Jae-myung announced on the 26th that a comprehensive roadmap for inclusion in the MSCI developed markets will be released within the year.
In a Facebook post following the 'Korea Investment Summit' held at the New York Stock Exchange on the 25th (local time), President Lee stated, "We will end the 'Korea Discount' and usher in an era of the 'Korea Premium'."
President Lee emphasized, "We will make every effort to ensure that global investors investing in our capital markets do not worry about the 'Korea Discount' and can enjoy the 'Korea Premium,' including the announcement of a comprehensive roadmap for inclusion in the MSCI developed countries index within the year."
President Lee said, "At the New York Stock Exchange, which has been the center of global capital markets amidst numerous crises, we declared that the Korean economy has completed its preparations for a renewed leap into the global market."
He added, "Our KOSPI is continuously setting new records, building on the high hopes and expectations for a new nation. Consumer sentiment is recovering, and various economic indicators are also turning upwards."
President Lee stated, "Fostering the capital market as a core platform for economic growth is a firm policy direction of our government. The most important principle in this process is to create a predictable capital market where global investors can trust and invest."
He further emphasized, "Just as the New York Stock Exchange has enhanced investor convenience and strengthened consumer protection, we will focus our policy capabilities on improving accessibility for global investors and enhancing the credibility of our capital markets."
Earlier at the Investment Summit event at the New York Stock Exchange, President Lee had expressed, "It is very regrettable that the South Korean market has not yet been included in the MSCI index. I understand this is due to our insufficient preparations, with the offshore foreign exchange market being a key issue. We will resolve that issue quickly." Yonhap News
Yonhap News More by this author