[0128마감체크] Tesla’s performance is sluggish… Secondary battery-related stocks fall significantly
Stock stock exchange share price. Photo = Pixabay [인포스탁데일리=허준범 ] ■ KOSPI Index The KOSPI index closed at 2,470.34, up 0.03%. Overnight, the New York stock market showed mixed performance amid the continued rally in technology stocks led by Netflix, while stock markets in major European countries rose simultaneously due to the strength of technology […]
Government Announces Results of Medical School Admissions Demand Survey, K-Kimchi Exports to 93 Countries
Government Announces Demand Survey Results for Medical School Admissions Quota The Ministry of Health and Welfare has released the results of a demand survey for medical school admissions. The survey, which targeted 40 medical schools across the country, was announced today after two delays. The briefing, presided over by Jeon Byeong-wang, Director of Health and […]
Philadelphia Fed President Expects No Further Interest Rate Hikes This Year
Philadelphia Fed President Expects No Further Interest Rate Hikes in 2020 New York, August 24 (Reuters) – Speaking at the Kansas City Fed’s Jackson Hole symposium in Wyoming, Philadelphia Federal Reserve Bank President John Harker expressed his belief that the Federal Reserve will not raise interest rates any further this year. In an exclusive interview […]
Chinese Premier Li Qiang acknowledges challenges in US-China bilateral relations and trade cooperation
Chinese Premier Li Qiang Expresses Concerns About US-China Bilateral Relations and Economic Cooperation Beijing, January 21, 2023 During a meeting on Monday with senior officials from the United States-China Business Council (USCBC) delegation, Chinese Premier Li Qiang raised concerns about the current state of bilateral relations and economic and trade cooperation between the United States […]
Resilience of US Economy in Question as S&P 500 Struggles to Follow Higher
S&P 500 Struggles as Investors Question US Economy’s Resilience Investors are increasingly skeptical about the long-term strength of the US economy, making it difficult for the S&P 500 to continue its upward trajectory, according to equity strategists at Morgan Stanley. The S&P 500 has recorded a modest 14% gain this year, prompting concerns among investors […]
Wells Fargo Investment Institute Raises US GDP Growth Forecast for 2023
Wells Fargo Investment Institute Raises US GDP Growth Forecast for 2023 In a significant update, the Wells Fargo Investment Institute (WFII) revised its projection for the US gross domestic product (GDP) growth in 2023. The previous forecast of 1.1% has now been lifted to an optimistic 2.2%. This adjustment reflects a positive outlook for the […]
EU Faces Dilemma as Import Ban on Ukrainian Grain Stirs Tensions with Eastern Member States
Russia’s Withdrawal from Grain Export Agreement Disrupts Ukrainian Trade Routes The withdrawal of Russia from a year-old agreement to export Ukrainian grain through Black Sea ports in July has significantly disrupted Ukraine’s trade routes. Since then, Ukraine has been forced to rely solely on alternative routes through the European Union (EU). The EU is now […]
The Decline of Foreign Direct Investment in China: Nervousness and Political Friction Cast Doubt on Future Investments
China’s FDI Trends Shake Global Markets Shanghai/Sydney — China, once a top destination for foreign direct investment (FDI), is experiencing a significant decline in capital inflows. This downward trend, which began in the second quarter of this year, is causing concern among investors and analysts, as it marks a departure from the country’s traditional role […]
Weaker Non-Farm Payrolls Growth in July Decreases Probability of Rate Hike
US Non-Farm Payrolls Growth Below Expectations, Chance of Rate Hike Declines Washington, DC – According to the US Labor Department’s July jobs report, the nonfarm payrolls in July grew at a slower rate than anticipated, causing the Federal Funds futures market’s implied probability of another rate hike this year to fall below 30%. This news […]
US Jobless Claims Drop Unexpectedly, Indicating Tight Labor Market Despite Slowing Growth
US Jobless Claims Fall to 237,000 amid Tight Labor Market Unexpected Decline Shows Employment Growth Slowdown The US Labor Department announced on Thursday that the number of seasonally adjusted initial jobless claims dropped by 12,000 in the week ending March 8, settling at an impressive 237,000. This unexpected decline serves as a testament to the […]
