Korea's National Competitiveness Falls from 20th to 27th... Corporate Efficiency Plunges 21 Spots [3-Minute Brief]
[At a Glance]
① Korea ranks 27th in the '2025 National Competitiveness Assessment'
② Central banks remain 'cautious' amid Middle East war risks
③ "Iran must denuclearize"... Trump positions himself as Israel's backer
MARKET INDEX : Year to date
○ Simultaneous declines amid Middle East instability and potential US intervention... Oil prices surge over 4%
○ Trump issues ultimatum: "We know the location of Iran's Supreme Leader"
○ WTI and Brent crude jump more than 4% due to Middle East instability
Top3 NEWS
■ Korea's national competitiveness drops 7 spots in one year... Corporate efficiency plunges 21 places
○ Assessment by the International Institute for Management Development (IMD), Switzerland
○ Korea ranks 27th in national competitiveness
○ Corporate efficiency ranking falls from 23rd to 44th
■ Trade barriers and Middle East crisis... Fed adopts cautious stance on rate cuts
○ If Israel-Iran conflict escalates
○ Oil prices could exceed $80 per barrel
○ Rising oil prices fueling inflationary pressure
■ Trump: "Iran cannot have nuclear weapons"... Positions himself as Israel's backer
○ Refuses calls for a 'diplomatic solution'
○ Cancels remaining G7 schedule and returns to US
○ Iran signals willingness to resume negotiations, conditional on no US attack
Graphic News: Return of the 'Seohak Ants,' 'Buy America' after 40 days... Leveraged ETFs back in favor
○ On June 13, net buying of US stocks resumed
○ Custody amount surpasses $120 billion, reaching an all-time high
○ Reducing long-term bonds, increasing leveraged ETFs
the Chart: Import price decline rate hits 18-month high... "June Middle East tensions a variable"
○ Last month's import prices fell 3.7% from the previous month
○ Raw materials and mining products, including crude oil, fell 5.5%
○ Watch for this month's oil price rebound and Middle East risks
Today's Key Schedule
○Domestic
○International
02:00 5-year TIPS auction
05:30 US API weekly crude oil stocks
08:50 Japan exports (YoY) (May)
15:00 UK Consumer Price Index (YoY) (May)
18:00 Eurozone Consumer Price Index (YoY) (May)
21:30 US continuing jobless claims
21:30 US initial jobless claims
23:30 US crude oil inventories
Hot Picks Today
"How Much Will They Get?" 600 Million vs. 460 Million vs. 160 Million... Samsung Electronics DS Division's 'Three Wallets Under One Roof'
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- "More Than Half Received A's"... Harvard to Tackle 'Grade Inflation'
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
◇ Lunch & Commute Weather
○ Lowest temperature: 20°C (▼1°C) |Highest temperature: 31°C (▲2°C)
○ Precipitation probability: 0% in the morning|0% in the afternoon
○ Fine dust: Moderate in the morning|Moderate in the afternoon
All you need in 3 minutes: essential, cost-effective economic news. Published daily at 8 a.m.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.