"From Takaichi to Anthropic" Wild Swings in the Won-dollar Rate [3-Min Brief]

[At a Glance]
1) Won-dollar rate swings 14 won a day on average; key to stability is...
2) Bithumb Bitcoin mispayment sparks controversy over 'book-entry trading'
3) U.S. stock market faces a 33 billion dollar sell-off this week

MARKET INDEX

○ All three major U.S. New York stock indices closed higher across the board.

○ The technology-heavy Nasdaq index led the rebound.

○ Software stocks that had fallen on AI fears showed strength.

TOP 3 NEWS

■ "From Takaichi to Anthropic" Won-dollar rate swings 14 won a day on average; key to stability is...

○ The average exchange rate fluctuation over the past two weeks was 13.93 won.
○ The intraday gap between the daily high and low is also very large.
○ The Japanese general election and volatility in the Korean stock market are the key variables.

■ Bithumb Bitcoin mispayment incident sparks controversy over 'book-entry trading'

○ A centralized exchange (CEX) system where trades exist only on the books
○ Criticism over weak internal controls, including the absence of a two-step approval process
○ More coins were paid out than the exchange actually held. 

■ "330 billion dollars in sell orders to hit U.S. stocks this week" warns Goldman Sachs

○ Algorithm-based funds are engaging in mechanical trading.
○ They are expected to remain net sellers regardless of market direction.
○ There is also a possibility of 80 billion dollars in net selling over the next month. 

Graphic News: From Pony's challenge to Genesis' twist... a record 18 million vehicles sold in total

○ The Pony Excel ranked No. 1 among imported compact cars in the United States in 1987.
○ Chung Mongkoo, with his "quality management," bet on the introduction of an unprecedented warranty program.
○ Chung Euisun put forward a premium strategy for Genesis.

Money-Making Law

■ Onslaught of cheap imports... Record-high number of anti-dumping petitions last year

○ There were 13 anti-dumping investigation petitions in 2025, the highest number ever.
○ Most cases involved Chinese products, centering on steel and chemicals.
○ As the United States and the European Union tightened import restrictions, more low-priced volumes flowed into Korea. 
☞ Read the article: https://www.asiae.co.kr/article/2026020914271551001

■ First Korean judges dispatched to OECD and UNIDROIT

○ Judges have been dispatched for the first time to the OECD and UNIDROIT.
○ Judge Ha Junghoon will work at the OECD, and Judge Kim Junwoo will work at UNIDROIT.
○ As a result of efforts to internationalize the judiciary, greater international exchange is expected. 
☞ Read the article: https://www.asiae.co.kr/article/2026020914270445669

■ Even if a 'refund guarantee' is void, you cannot claim a refund if you have paid the contributions

○ The Supreme Court ruled that even if a refund agreement is void, a contract cannot be canceled in the case of "contradictory conduct."
○ Continuing to pay contributions and then canceling the contract belatedly violates the principle of good faith.
○ The Supreme Court overturned the lower court and remanded the case, in a decision favorable to the association.
☞ Read the article: https://www.asiae.co.kr/article/2026020914271048633

※ "Money-Making Law," a content partnership corner between The Asia Business Daily and Legal Times, is published every Tuesday and Thursday.

Today's Key Schedule

○ Domestic

○ Overseas

09:01 United Kingdom retail sales (January)

09:30 National Australia Bank business confidence index (January)

22:15 United States ADP weekly employment change report

22:30 United States retail sales (December)

◇ Lunchtime & Commute Weather

○ Morning low: -1℃ (▲7℃) ｜Afternoon high: 4℃ (0℃)
○ Precipitation probability: morning 60%｜afternoon 60%
○ Fine dust: normal in the morning｜normal in the afternoon

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This content was produced with the assistance of AI translation services.