Financial crisis 8

International Instability China Deflation Exchange Rate Fluctuations Weak Won ‘Worst’ Since Financial Crisis

International Instability China Deflation Exchange Rate Fluctuations Weak Won ‘Worst’ Since Financial Crisis As international instability grows, funds are pouring into US Treasury bonds, gold, and the dollar, and the possibility that the rapid changes in Korea could spread throughout Asia has increased, the won has weakened by about 10% since the end of September, hitting a two-year low last wee..

경제 2024.12.09

Korean financial firms lose 70% of their investment in US buildings, Bank of Japan begins to raise interest rates

Korean financial firms lose 70% of their investment in US buildings, Bank of Japan begins to raise interest rates The Bank of Japan has begun to raise interest rates as US commercial buildings that Korean financial firms have invested heavily in are showing the early stages of bad investment losses at a ‘bargain sale’. The New York Times reported on June 12 that “several large office buildings a..

경제 2024.07.31

Semiconductor crash Samsung Electronics' profit plummeted by 90%, the largest since the financial crisis

Semiconductor production plunged 17.1% in February, the largest decline in semiconductor production since December 2008 (-18.1%) during the financial crisis, and Samsung Electronics' operating profit in the first quarter was expected to drop by 89%. According to the data from the National Statistical Office for February, the mining industry (11.9%) increased from a decrease in manufacturing (-3...

경제 2023.03.31

US ‘Economic Recession’ Right, President Yoon ‘Free Solidarity Trade Finance 360 Trillion’

As the US faces this year’s “economic recession cycle,” President Seok-yeol Yoon’s strategy of “maximizing world exports through solidarity with the free camp” has announced a low-interest trade finance economic stimulus policy, showing the possibility of “expanding imports and trade deficits first.” In his New Year’s address, President Yoon said, “The export strategy must be different from the ..

경제 2023.01.03

Nomura ‘Korea 3Q –2.2% long-term recession housing market collapse’

Due to the weak yen, Korea experienced a -2.2% economic recession in the third quarter, which could lead to a prolonged recession and a collapse of the housing market at the same time. In a research note on the 4th, Nomura Securities said, "Countries can no longer rely on a rebound in exports for growth due to the accompanying slowdown in the global economy." predicted that Regarding the housing..

카테고리 없음 2022.07.04

Exports plunge, imports soar in coal, trade crashes over a year of $28.7 billion

Exports of major automobiles plummeted and semiconductors weakened, leading to a decline in exports to China and the United States, leading to a trade deficit of $20 billion. The trade deficit widened to a maximum of $7.642 billion until the 20th, and the trade surplus sharply turned from $236 million in the same period of the previous year. This year's cumulative trade deficit of $15.469 billio..

카테고리 없음 2022.06.21

South Korea 'Breaking down North Korea's arms economy' Vs North Korea 'Strengthening South Korea's twin deficit'

The productivity confrontation attempted by the Reagan regime in the Cold War between the US and the United States in the early 1980s was restored as South Korea chose a confrontation between the two Koreas by increasing armaments in the face of twin deficits, and North Korea strengthened its strong-to-gang strategy of increasing arms. South Korea started a twin deficit as the current and curren..

카테고리 없음 2022.06.11