Geopolitical posturing and shifting energy dynamics are driving global market sentiment. While the US-China summit focused on ceremony over substance, Iran’s offer to reopen the Strait of Hormuz and restart nuclear talks appears to have eased energy supply fears, dragging WTI crude down by over 2% in the prior session. Meanwhile, US equities gained ground as risk aversion subsided, reflected in a falling VIX, even as the US 10-year Treasury yield edged higher.
Korea. The Korean markets were closed for the Chuseok holiday, with the latest available data from September 23 showing the KOSPI and KOSDAQ closing higher. Domestically, commercial banks are seeing a surge in deposits, exceeding 1,012 trillion won, as interest rates rise following consecutive Bank of Korea rate hikes in July and August.
US. US equities rose in the prior session on September 25, led by a 0.93% gain in the Dow, while the S&P 500 and Nasdaq also posted modest gains. This upward movement coincided with a 5.11% drop in the VIX, suggesting improved investor confidence despite a slight rise in the US 10-year Treasury yield to 5.18%.
🏛️ KRX closed today — 추석
President Trump and Chinese leader Xi went heavy on the ceremony and light on deliverables as they danced around Taiwan and Iran during two days in Washington.
CNBC
The remarks came as the Houthis launched a new wave of missile and drone attacks at Saudi targets Friday morning.
CNBC
Explosive growth in imported vehicles omitted from EV tariffs fuels concern for future of European carmakersEU imports three times more from China than bloc exports thereSales of Chinese hybrid cars have rocketed in the EU in the past four and a half years, data shows, underlining growing concerns in Brussels over the future of the European car industry.In 2022, just 659 Chinese-made fully hybrid cars (vehicles in which the petrol or diesel engine charge the motor and battery) were sold in the EU. However, after Brussels imposedanti-subsidy tariffs on fully electric cars from Chinain 2024, sales of hybrids have shot up to 160,662 in the first seven months of this year.Continue reading...
The Guardian
This blog is now closedGet ourbreaking news email,free appordaily news podcastAI hack of Medicare exposes Australia’s vulnerabilitiesTechnology experts have warned revelations an artificial intelligence agent hacked Medicare’s internal systems will not be the only dangerous breach of government data and have called for Australia to boost its protections against the growing risk.Frontier AI now has capability to expose those vulnerabilities at a rate quicker than we can keep up, quicker than we can patch them.What if it was a less benign breach? What if it was a less benign actor? Let’s face it, clearly, Services Australia’s cybersecurity is woefully inadequate.I mean the irony here is that you actually need AI to fight AI. This should hasten, if anything, our move over in the US to less finger wagging and Trump one-upmanship, andmore about embracing these AI companies and bringing them here so that we can have frontier models providing sovereign capability to Australia.Because AI is going to happen.Continue reading...
The Guardian
Washington and Beijing have spent nearly a decade trading tariffs, export controls and blacklists, with each round threatening rupture. Yet they keep recovering from the brink. Tensions soared before summits and plunged immediately after. For example, in 2019 at Osaka, Trump walked back threats to impose tariffs on US$300 billion of Chinese goods and eased curbs on Huawei after Beijing reportedly agreed to buy American farm goods. In Busan last October, he lowered tariffs and shelved export...
SCMP
Competition in the domestic beauty retail market’s offline sector is intensifying. To challenge Olive Young’s dominant position, Daiso and Musinsa are expanding their offline businesses. Daiso targets the value‑price cosmetics segment, while Musinsa leverages its loyal fashion‑platform customers and curation of emerging brands to capture a niche in the beauty market. ● Value‑price cosmetics succeed… Daiso opens its first beauty‑focused store. According to the industry, Daiso recently opened a beauty‑specialized store ‘Konkuk University branch’ in Gwangjin‑gu, Seoul. This is the first store since Daiso’s founding in 1997 to feature cosmetics as the main focus. The roughly 20‑pyeong (≈66 m²) store allocates about 80 % of its merchandise to beauty products. The Konkuk University area already hosts two Daiso stores – the Konkuk University Entrance store and the Star City Konkuk University store – but Daiso decided the market and customer base were sufficiently segmented to warrant an additional location. A Daiso representative said, “We expect an increase in foreign tourist visits, so we will operate all three stores…”.
동아일보
President Lee Jae‑myung, on a state visit to Mexico, delivered a congratulatory speech at the Korea‑Mexico Business Forum held on the 25th (local time) at the Mexico City WTC. 2026‑09‑25 Mexico City / Kim Ho‑young, reporter
매일경제
Banks are consecutively raising interest rates on major fixed‑term deposit products in response to the central bank’s rate hikes and rising market rates. The Bank of Korea raised its policy rate in both July and August, causing yields on financial bonds and other market rates to continue climbing…
뉴시스
Since the Bank of Korea’s policy‑rate hike, commercial banks have continued to raise fixed‑term deposit rates, intensifying competition for deposits. This month, commercial banks have successively increased their deposit rates, narrowing the interest‑rate gap with internet‑only banks to 0.2 percentage points (p.p.)…
뉴스1
(Sejong·Seoul=Yonhap News) Reporters Lee Se‑won, Bae Young‑kyung, Han Ji‑hoon – Next week (September 28 – October 2) will see the release of statistics that reflect domestic industry and economic trends, as well as inflation and interest‑rate data…
연합뉴스