South Korea's year-to-date exports have hit a record $709.4 billion, with the total expected to reach $1 trillion by early December.
South Korean President Lee Jae-myung shared a report from the head of Korea Customs on social media on Saturday, showing that the country's cumulative exports year-to-date have surpassed last year's annual record. The report shared by Lee Jae-myung on X stated that as of 1:00 p.m. on Saturday, South Korea's cumulative exports for the year had reached $709.4 billion, exceeding the annual record of $709.3 billion set in 2025. The head of Korea Customs noted in the report, "Despite uncertainties in the trade environment, including rising trade protectionism, global supply chain restructuring, and turmoil in the Middle East, our exports have maintained significant growth. If current"
U.S. ETF Express | Leverage Shares 2X Long SNDK Daily ETF Was the Top Gainer, Rising 24.08%
2647 U.S. ETFs rose and 3320 fell today. The top gainer was $Leverage Shares 2X Long SNDK Daily ETF(SNDG.US)$ while the top loser was $Tradr 2X Short SNDK Daily ETF(SNDQ.US)$.
IShares MSCI South Korea ETF Options Spot-On: On September 4th, 129.23K Contracts Were Traded, With 1.18 Million Open Interest
On September 4th ET, $iShares MSCI South Korea ETF(EWY.US)$ had active options trading, with a total trading volume of 129.23K options for the day, of which put options accounted for 42.07% of the
Asian Stocks Surge as Waller's Dovish Rate Comments Lift Investor Risk Appetite; Eyes on U.S. Non-farm Payrolls Data
Risks in the South Korean stock market? Goldman Sachs: Retail investors have withdrawn, share buyback ammunition will be exhausted by October, leaving foreign capital as the only remaining support.
Data shows that net purchases by South Korean retail investors in August plummeted 90% from June levels, with the broader market barely sustained by share buybacks from Samsung and SK Hynix. However, Goldman Sachs believes this final line of defense will be exhausted by mid-October. Once this support vanishes, the market will face severe shocks, leaving its fate entirely dependent on foreign capital flows. Investors should prepare for potential liquidity strains in October.
South Korea Urgently Responds to U.S. Semiconductor Tariff Plan: Vows to Spare No Effort in Safeguarding Interests of Korean Firms
On September 3, the South Korean presidential office responded to the semiconductor tariff proposal currently being drafted by the U.S. Department of Commerce, emphasizing that specific details have not yet been finalized and that Seoul will make every effort to ensure the measures do not harm the interests of South Korean companies. The day before, U.S. Commerce Secretary Lutnick disclosed that the Trump administration is formulating a new semiconductor tariff policy: chips produced domestically in the United States would enjoy tariff exemptions, while others would face costs to access the U.S. market.
Express News | South Korean Presidential Office: The government will strive to prevent U.S. semiconductor tariff measures from adversely affecting South Korean companies.
On the 3rd, the South Korean Presidential Office (Cheong Wa Dae) responded to remarks made by U.S. Secretary of Commerce Howard Lutnick regarding semiconductor tariffs, stating that specific details have not yet been finalized and that the government will strive to prevent any adverse impact on South Korean enterprises from such measures. A Cheong Wa Dae official made these comments on the day, adding that the government would closely monitor developments and maintain close communication with the U.S. side to ensure South Korean companies remain unaffected. It is reported that Lutnick stated in an interview with CNBC on the 2nd (local time) that the U.S. would implement prudent and targeted semiconductor tariff measures, linking tariffs to semiconductor investment in the United States. Companies producing semiconductors within the U.S. would receive tariff exemptions, while others must be prepared to bear the cost (tariffs).
U.S. Treasury bonds collapse, yen crashes! Investment banks: What are the similarities and differences between the current situation and the 1997 Asian financial crisis?
① The 1997 Asian financial crisis ultimately plunged many economies in the region into recession. Asian markets suffered severe setbacks, with currency collapses, capital flight, and a wave of bank failures following in quick succession... ② Meanwhile, Frederick Neumann, Chief Economist at HSBC, points out that there are striking similarities between the current financial environment in Asia and the period just before the crisis erupted.
Express News | South Korea's Core Inflation Hits Over Three-Year High, Increasing Pressure on Central Bank to Raise Rates
South Korea's August inflation rose less than expected, but core price growth climbed to its highest level in over three years, further reinforcing the Bank of Korea's rationale for maintaining a tight monetary policy stance. Data released on Wednesday by Statistics Korea showed that the Consumer Price Index (CPI) rose 3.1% year-on-year in August, up from 2.8% in July but below the median economist forecast of 3.2%. After excluding volatile food and energy prices, the core inflation rate accelerated to 3.4% in August from 2.6% in July, marking the highest level since May 2023. This indicates that underlying price pressures remain persistent, beyond the impact of rising energy costs.
South Korea's $15B Semiconductor Rotation - SocGen
South Korea Unveils Record-Breaking 2027 Budget! Chip Dividends Fully Channeled into AI and Defense
① On September 1, South Korea announced its most aggressive fiscal spending plan in history, setting total government expenditure for 2027 at KRW 821 trillion (approximately USD 596.92 billion); ② This figure represents a 12.8% increase from 2026, marking the largest annual growth rate on record; ③ Additionally, South Korea projects that total tax revenue will rise by 40.7% to KRW 584.4 trillion next year, while the debt-to-GDP ratio is expected to decline to 48.3%.
Asian Stocks Pull Back as Tech Selloff and Rising Oil Prices Stoke Inflation Fears
AI dividends continue to be realized! South Korea's exports maintained strong growth in August, with chip exports surging twofold.
Against the backdrop of sustained demand for artificial intelligence (AI) driving chip exports and injecting strong momentum into the broader economy, South Korea's exports continued their robust growth trajectory in August.
Express News | South Korean President Lee Jae-myung: Interest rate hikes are inevitable. A stronger won will reduce the cost of raw material imports. Fiscal policy should play its role against the backdrop of rising interest rates.
Express News | South Korea's Exports Continue Strong Growth in August as AI Demand Fuels Chip Boom
South Korea's exports continued to grow robustly in August, with demand for artificial intelligence (AI) boosting chip shipments and the broader economy, likely supporting the Bank of Korea in maintaining its hawkish stance following two consecutive rate hikes. Data released by Korea Customs Service on Tuesday showed that, after adjusting for working-day differences, exports rose 72.5% year-on-year in August, imports increased by 22.5%, and the trade surplus reached $34.7 billion. Unadjusted exports grew by 68.7%, while the July growth figure was revised to 63%. Semiconductors remain the primary driver of South Korea's export growth. The data indicate that external demand remains resilient despite pressure from rising energy prices and geopolitical tensions on other sectors, supporting the Bank of Korea's decision last week to raise interest rates by 25 basis points for the second consecutive meeting.
Asian Shares Drop Amid Geopolitical Friction, Oil Spikes, and Hawkish Fed Signal
EWY: South Korea's Flagship ETF Sees Outflows Spike as Chip Leverage Trade Unwinds
The iShares MSCI South Korea ETF (NYSE:EWY), which gives American investors an easy way to invest in top South Korean companies, has come under pressure this month. It has already dropped nearly 20%
Mandatory "5-Day Simulated Trading"! South Korea Deploys Varied Measures to Cool Down Leveraged ETFs
The cumbersome requirements for simulated trading—limited to PC platforms and mandating at least one hour of daily participation—have deterred South Korean retail investors. Regulators in South Korea have implemented a combination of measures, including raising margin thresholds and enforcing the completion of five days of simulated trading, to curb the frenzy surrounding single-stock leveraged ETFs. As a result, the assets under management (AUM) of these ETFs have plummeted from $11.4 billion to $5 billion, with net outflows reaching approximately $1 billion in August and trading volumes falling to just 4% of their peak levels.
Semis Might Not Have 'Won' Just yet
Asian Markets Mixed as Nvidia Boost Offsets Jackson Hole Caution