Time now for an in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Dr. Kim Sei-wan, professor of economics at Ewha Womans University.
Professor Kim, good to have you back on.
Samsung Electronics gave us an earnings surprise earlier this month with its preliminary figures. Now the official earnings out today are even better, and not just in its semiconductor business. What do you make of these figures, and what does that say about the second half of the year for Samsung?
The Fed has decided to keep interest rates where they are, and is going to keep them there until there's a recovery. What do you make of the Fed's decision?
Now we see that all three main indexes on Wall Street were up on Wednesday, and by a fair bit. What's the story in the global markets?
South Korea and the U.S. have decided to extend its currency swap agreement by another six months. That's 60 billion dollars' worth. What happened in the markets today here in Korea?
Banks in Korea have seen their deposits surge during the pandemic. People have been borrowing money but just putting it in their savings. What's happening with the banks, and do you think there need to be some measures taken there?