증시 대담
It's time now for an in-depth look at the global markets this afternoon.
And for that I'm joined on the line by Mr. Daniel YOO, global strategist at Kiwoom Securities.
Mr. Yoo, thank you as always for coming on.
You're welcome.
Yesterday, South Korea and Japan finally went toe to toe at the World Trade Organization over Japan's export restrictions. It's understood that Japan would not generally win much support for its position. Do you think Korea made its case? What happened in Genva?
While the conflict between Japan and Japan triggered by Japan's economic retaliation following the ruling of the Supreme Court on the grounds of the Supreme Court ruling, the Korean government strongly opposed Japan in the World Trade Organization (WTO) and held a heated public debate against the international community.
The Korean government asked Japan to meet on 1 on 1 meeting, but Japan has rejected the proposal for dialogue, repeating the previous position that Japan 's export control measures necessary for national security purpose.
SEOUL, March 25 (Xinhuanet) - The government of the World Trade Organization (WTO) General Assembly held a meeting in Geneva on Tuesday (Wednesday) to discuss the issue of Japan's export control measures, .
Korean government said that Japan's regulatory measures are aimed at the semiconductor industry, which is the Korean core industry. Also the risk of harming industrial production across the globe beyond Korea was emphasized, and demanded immediate regulatory withdrawal.
Yesterday was the last day that the Japanese government would be officially accepting public opinion about taking Korea off its so-called "whitelist" of trading partners. It's reportedly received some 30-thousand opinions. Tell us more about that, and what you think the final decision will be.
As a result of the Japanese government's revision of the Export Control Regulation and the exclusion of Korea from the White State (white nation) as a retaliation against the judgment of the Supreme Court on the Korean Supreme Court, more than 30,000 comments were received.
According to the Yomiuri Shimbun newspaper, the Ministry of Economy, Trade and Industry, on January 1, it began to receive opinions on this issue, concluded on 24th July, and received over 30,000 opinions. It received opinions from both domestic and overseas via internet and e-mail, and most of them are estimated to be e-mail sent from Japan. Yomiuri said, "More than 90 percent of the respondents agreed to revise the trade control law, which excludes Korea from the benefits of streamlining export procedures."
Clearly this issue is escalating further. And US intervention is necessary for any progress.
Wall Street was mostly up on Wednesday as second quarter earnings come out. The S&P and the Nasdaq again at new highs. Take us through the action there and here in Asia.
The US stock market started sluggish on the news that investigating antitrust concerns among large IT companies by US Department
