President Lee Jae-myung Holds Meeting with Major Corporations to Review Investment and Hiring Plans

Government Checks Early-Year Economic Outlook

President Lee Jae-myung recently met with CEOs of leading companies to review their investment and hiring plans for the new year. Held at the Blue House, this meeting aimed to align government economic policies with business strategies and get a clear picture of the current economic situation.

Discussing Regional Development Strategies

During the meeting, officials also discussed plans for balanced national development. The government and business leaders explored specific measures to boost regional economies and promote more equitable growth across the country.

Stock Market Trends and Defense Industry Gains

Meanwhile, the KOSPI started the day with slight gains, eventually climbing back above 4,600 points during trading. As U.S. President Donald Trump announced plans to boost defense spending by 50%, defense stocks like Hyundai Rotem and Korea Aerospace Industries saw renewed momentum.

Focus on Biotech and AI Sectors

With the upcoming JPMorgan Healthcare Conference next week, biotech stocks are also showing strength. Investors are closely watching to see which sectorโ€”AI or semiconductorsโ€”will lead the next market cycle.

Rising Exchange Rate Continues

Despite concerns over government intervention, the won-dollar exchange rate has surpassed 1,450 won, continuing its upward trend. Market volatility remains high, and authorities are actively working to stabilize the currency market.

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