South Korea's KOSPI index surged past 2,930 for the first time in seven sessions, driven by strong institutional buying, with Hanwha Ocean jumping 7% on sector optimism.
#YonhapInfomax #KOSPI #InstitutionalBuying #HanwhaOcean #SamsungElectronics #DoosanEnerbility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67234

KB Financial Group Chairman Yang Jong-hee urges the creation of accessible, customer-focused data infrastructure, highlighting its role in driving digital innovation across the group.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67233

The dollar-won exchange rate fell to the upper 1,360 won range on June 12, pressured by weaker US inflation data and foreign investors turning net sellers in Korean equities, while settlement demand and bargain buying provided support.
#YonhapInfomax #DollarWon #ExchangeRate #CPI #ForeignInvestors #SettlementDemand #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67229

Delta Air Lines' Asia-Pacific VP Jeff Moomaw expressed strong confidence in Hanjin Group's leadership, calling Hoban Group's increased stake in Hanjin KAL a natural move, as Delta launches a new direct Incheon–Salt Lake City route and highlights its expanding partnership with Korean Air.
#YonhapInfomax #DeltaAirLines #HanjinKAL #HobanGroup #JointVenture #IncheonSaltLakeCityRoute #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67227

South Korean companies face mounting risks after the dollar-won exchange rate plunged over 100 won in two months, exposing those without FX hedges to losses as hedging activity among SMEs dropped sharply, while robust current account surpluses and lower raw material costs offer partial relief.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67226

South Korean retail investors are facing significant FX losses as the dollar-won rate plunges, eroding gains from U.S. stocks like Tesla and Nvidia despite strong share price rallies. Many failed to hedge currency risk, with losses reaching up to 10% in some cases, highlighting the growing impact of retail flows on Korea’s FX market.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67224

South Korea's Koribor rates remained largely steady on June 12, with the 2-month tenor edging down 0.01 percentage point, reflecting stable interbank funding conditions.
#YonhapInfomax
#Koribor #InterbankRates #YonhapInfomax #ShortTermRates #June12
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67225

People Power Party lawmaker Song Eon-seok has declared his candidacy for floor leader, vowing to establish a shadow cabinet to monitor the Lee Jae-myung administration and drive party reform through policy expertise and unity, as the party prepares for its upcoming leadership election.
#YonhapInfomax #PeoplePowerParty #SongEonSeok #ShadowCabinet #LeeJaeMyungAdministration #FloorLeaderElection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67223

Asia is accelerating its move away from the US dollar, with ASEAN and BRICS nations expanding local currency settlements and investors increasing FX hedging, as the dollar’s share in global reserves falls to 57.8%.
#YonhapInfomax #DeDollarization #ASEAN #USDollar #FXReserves #LocalCurrencySettlement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67222

The dollar-yen exchange rate fell over 0.5% as dovish U.S. trade comments and soft inflation data fueled expectations for a Federal Reserve rate cut.
#YonhapInfomax #DollarYen #FederalReserve #RateCut #ConsumerPriceIndex #TrumpAdministration #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67221

The People's Bank of China set the yuan's central parity rate at 7.1803 per dollar, marking a 0.02% appreciation and signaling continued currency stabilization efforts.
#YonhapInfomax #PeoplesBankOfChina #Yuan #ExchangeRate #Appreciation #CentralParityRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67220

US equity futures fell and Treasury yields declined in Asian trading as heightened Middle East tensions and renewed tariff concerns drove risk aversion, with the E-Mini S&P 500 futures down 0.29% and the 10-year Treasury yield falling to 4.4010%.
#YonhapInfomax #SP500Futures #USTreasuryYields #MiddleEastTensions #TariffPolicy #DollarIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67219

Dollar weakens against yen, falling 0.5% to 143.79 as currency markets react to shifting global risk sentiment.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67218

Speculation grows on Wall Street that Donald Trump may appoint a 'shadow Fed chair' to influence US monetary policy ahead of Jerome Powell's term end, with candidates including Kevin Warsh and Christopher Waller; market impact seen as limited but policy signals could be strong.
#YonhapInfomax
#FederalReserve #DonaldTrump #ShadowFedChair #InterestRates #USDeficit
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67217

Former US Commerce Secretary Wilbur Ross criticized the latest US-China trade talks as a repeat of previous deals, warning that key issues remain unresolved and that a comprehensive agreement is still distant.
#YonhapInfomax #WilburRoss #USChinaTrade #TradeNegotiations #IntellectualProperty #MarketSentiment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67216

ING said softer-than-expected US CPI and a strong 10-year Treasury auction are enough to drive further gains in the bond market, with attention now on PPI data.
#YonhapInfomax #ING #USCPI #10YearTreasury #BondMarket #PPIdata #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67215

South Korea's acting finance minister pledged to make inflation control the government's top priority, promising swift measures to stabilize consumer prices amid persistent pressure on food costs.
#YonhapInfomax #Inflation #MinistryOfEconomyAndFinance #ConsumerPrices #FoodPrices #PolicyMeasures #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67214

Consumer satisfaction with insurance apps in South Korea lags behind other financial services, prompting calls for digital upgrades to boost trust and expand offerings, according to the Korea Insurance Research Institute.
#YonhapInfomax #InsuranceApps #DigitalServices #KoreaInsuranceResearchInstitute #ConsumerSatisfaction #FinancialInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67211

President Lee Jae-myung has requested the Democratic Party and Cho Kuk Innovation Party to nominate candidates for three major special prosecutor posts, with appointments expected by June 17 and investigations set to begin next month.
#YonhapInfomax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67213

Foreign investors returned to South Korea’s stock market in May after a 10-month absence, net buying 2 trillion won in equities and 11.3 trillion won in bonds, led by US and Asian long-term funds, with foreign holdings now accounting for 26.7% of total market capitalization.
#YonhapInfomax
#ForeignInvestors #NetBuying #KoreanStockMarket #FinancialSupervisoryService #MarketCapitalization
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67212