Dollar-won exchange rate maintains gains above 1,500 won level as large-scale custody dollar buying from foreign stock selling offsets quarter-end export company negotiations, with KOSPI falling 2.3% amid US-Iran ceasefire uncertainty and risk-off sentiment
#YonhapInfomax #DollarWonExchangeRate #CustodyDollarBuying #QuarterEndNegotiations #ForeignStockSelling #KOSPIDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112265

Seoul apartment sales prices rose 0.29% in the fourth week of March, slowing for the second consecutive week to the 0.2% range, with Gangnam-gu declining for four straight weeks while jeonse prices expanded to 0.23%, according to KB Real Estate data released on March 26.
#YonhapInfomax #SeoulApartmentPrices #KBRealEstate #GangnamGu #JeonsePrices #BuyerDominanceIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112262

IPARK Hyundai E&C announces Co-CEO Cho Tae-je's resignation, transitioning to single leadership under Jung Kyung-gu following shareholders' meeting that also approved corporate name change
#YonhapInfomax #IPARKHyundaiEC #CoeCeoResignation #ChoTaeJe #JungKyungGu #CorporateRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112263

Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate https://www.bocvip.com/1269245/global-forecasting-group-sees-u-s-inflation-at-4-2-this-year-much-higher-than-fed-estimate-2/ #StockExchanges #StockMarket #WallStreet #WallStreetBets

OpenAI withdraws video generation app Sora due to computing resource constraints while prioritizing ChatGPT, as AI industry faces surging demand and supply shortages from data center construction challenges, with computing usage tripling in 2.5 months according to OpenRouter platform data.
#YonhapInfomax #OpenAI #Sora #ComputingPower #ChatGPT #ArtificialIntelligence #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112257

Stocks decline and oil prices surge as renewed doubts over the Iran war weigh on Wall Street, raising inflation fears and dimming rate cut expectations. https://english.mathrubhumi.com/news/money/stocks-slide-oil-surges-as-iran-war-uncertainty-returns-to-wall-street-ru7bchl1?utm_source=dlvr.it&utm_medium=mastodon #StockMarket #LatestNews #WallStreet

South Korea's government announces KRW 4 trillion plus expansion in policy financing to support export companies, small businesses, and vulnerable sectors affected by Middle East war, including preferential loans, logistics cost support, and temporary highway toll exemptions for commercial vehicles.
#YonhapInfomax #MiddleEastWar #PolicyFinancing #ExportSupport #LogisticsCosts #EmergencyEconomicResponse #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112222

Crypto backed mortgages https://www.bocvip.com/1269198/crypto-backed-mortgages/ #StockExchanges #StockMarket #WallStreet #WallStreetBets

South Korea implements emergency export controls on naphtha and bans hoarding of urea solution starting March 27th, while establishing 1.5 trillion won supply chain fund to support companies affected by Middle East war disruptions
#YonhapInfomax #NaphthaExportControls #UreaSolutionHoarding #SupplyChainFund #MiddleEastWar #EmergencySupplyMeasures #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112223

BlackRock warns investors underestimate Iran war risks as Strait of Hormuz operates under IRGC control; markets monitor US-Iran negotiations while Goldman Sachs raises recession probability to 30% amid oil price concerns and growth slowdown expectations
#YonhapInfomax #BlackRock #IranRisk #StraitOfHormuz #GoldmanSachs #RecessionProbability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112256