South Korean President Lee Jae-myung met with Besant to discuss a $350 billion agreement on South Korea's investments in the United States.

South Korean President Lee Jae-myung met with U.S. Treasury Secretary Janet Yellen to discuss a $350 billion investment plan aimed at securing a reduction in U.S. tariffs against South Korea. According to the South Korean President’s Office, Lee Jae-myung expressed his hope that discussions would proceed based on commercial rationality and advance in a direction that aligns with the interests of both nations. He also highlighted significant differences between South Korea's economy and foreign exchange market compared to Japan’s, noting these should be key considerations in reaching a final agreement. Additionally, South Korean Finance Minister Koo Yun-cheol discussed the U.S. investment proposal and currency swap arrangements with Yellen. In early September, Japan formally signed a trade agreement with the United States, which included a commitment by Japan to invest $550 billion in U.S. projects.

AASTOCKSSep 25 10:21

Trump claims $17 trillion in new investments will flow into the U.S.; prominent economist: This is mathematically impossible.

Renowned economist Peter Schiff recently challenged U.S. President Trump's claim that $17 trillion in new investments will flow into the American economy. In a post on X on Thursday, Schiff rebutted Trump’s assertion that “an unprecedented $17 trillion will be invested in the U.S. next year because we have the hottest economy in the world.” Schiff highlighted the fallacy of this statement, emphasizing the enormity of the figure and the mathematical and economic implications if such a number were to be realized. Considering the current U.S. GDP of $30.354 trillion, he stated: "

Global Market ReportsSep 19 14:38

Express News | South Korean Foreign Minister: The US-South Korea trade negotiations, though postponed, are still ongoing.

BreakingsSep 19 14:07

Citi: South Korea May Reach Partial Compromise with the US on Trade Issues

According to Citi Korea economist Jin-Wook Kim, South Korea may reach a partial compromise with the U.S. in trade negotiations rather than face a 25% or higher reciprocal auto tariff. However, the latter possibility could increase if other economies accept the U.S.' investment agreement terms. Kim noted that given structural constraints, it seems unlikely that South Korea's $350 billion U.S.-bound investment fund will be finalized in the short term. Washington may accept South Korea’s request to lower the annual financing amount and relax binding clauses for key sectors such as shipbuilding and batteries.

Gelonghui FinanceSep 19 11:07

Express News | Mexico, US and Canada agree to continue implementing the US-Mexico-Canada Trade Agreement

BreakingsSep 19 07:22

The Conference Board's Leading Economic Index for the U.S. fell by 0.5% in August.

According to the Conference Board's statistics, the US Leading Economic Index (LEI) declined by 0.5% in August this year, dropping to 98.4, while the July figure was revised upward to a slight increase of 0.1%. Justyna Zabinska-La Monica, Senior Manager of Business Cycle Indicators at the Conference Board, stated that the US Leading Economic Index recorded its largest monthly decline in August since April 2025, signaling more challenges for the economy ahead. Overall, the leading indicators suggest a continued slowdown in economic activity. The primary driving factor is higher tariffs, which have already weakened economic growth in the first half of this year and are expected to continue impacting the economy in the coming months.

AASTOCKSSep 18 22:25