韩国提出了一项12.2万亿韩元（86亿美元）的补充预算，以应对全球贸易紧张局势和国内政治不确定性对经济增长带来的日益增长的风险。此前，汽车和芯片行业是向美国出口的主要驱动力，目前正面临美国关税的压力。代理行长韩德洙警告称，潜在的流动性问题和更广泛的金融市场压力。在新增支出中，8.1万亿韩元将通过债券发行获得资金。预算拨款用于贸易风险应对（2.1万亿韩元）、人工智能开发（1.8万亿韩元），小企业支持（4.3万亿韩元）和灾难恢复（3.2万亿韩元）。财政赤字将上升到GDP的3.2%，债务为48.4%。政府还计划将外币债券销售增加到35亿美元，以管理市场波动。

South Korea has proposed a supplementary KRW 12.2 trillion ($8.6 billion) budget to address mounting risks to growth from global trade tensions and domestic political uncertainty. The move follows earlier support measures for the auto and chip sectors, key drivers of exports to the U.S., now facing pressure from American tariffs. Acting President Han Duck-soo warned of potential liquidity issues and broader financial market stress. Of the new spending, KRW 8.1 trillion will be funded by bond issuance. The budget allocates funds for trade risk response (KRW 2.1 trillion), AI development (KRW 1.8 trillion), small business support (KRW 4.3 trillion), and disaster recovery (KRW 3.2 trillion). The fiscal deficit is set to rise to 3.2% of GDP, with debt at 48.4%. The government also plans to boost foreign currency bond sales to $3.5 billion to manage market volatility.

周五，韩元兑美元汇率进一步下跌至1422左右，受韩国央行进一步宽松政策的预期拖累。周四，央行如预期般保持利率稳定，但表示下个月将降息，以应对美国关税政策带来的经济风险。韩国的GDP增长预测已下调至低于此前1.5%的估计，而通货膨胀率预计将保持在2%左右。与此同时，投资者继续关注美韩贸易谈判的进展。尽管报告显示取得了可喜的进展，但鉴于韩国的出口导向型经济及其对全球贸易动态的敏感性，美中之间持续的贸易紧张局势可能会给韩元带来压力。本周，人民币有望小幅上涨。

The South Korean won extended its recent decline to around 1,422 per dollar on Friday, weighed down by expectations of further easing from the Bank of Korea. The central bank held rates steady as expected on Thursday but signaled a rate cut next month to address economic risks from US tariff policies. South Korea's GDP growth projection has been revised downward to below the previous 1.5% estimate, while inflation is expected to remain near 2%. Meanwhile, investors continued to monitor developments in US–South Korea trade negotiations. Although reports indicated promising progress, ongoing trade tensions between the US and China may add pressure on the won, given South Korea’s export-driven economy and its sensitivity to global trade dynamics. For the week, the currency is on track for modest gains.

基准韩国综合股价指数周五微涨至2474点左右，前一交易日上涨近1%，投资者继续评估美韩贸易谈判的积极进展。交易员们还消化了韩国央行最近如预期般保持利率稳定的决定，同时暗示下个月可能降息以应对美国关税政策带来的经济风险。韩国国内生产总值增长前景已下调，目前预测低于此前的1.5%，而通货膨胀率预计将保持在2%左右。在各行业中，交通类股领涨，现代汽车和现代格洛维斯分别上涨超过5%和近4%。其他值得注意的上涨股包括韩华航空航天（+2.6%）、Naver（+1.1%）和Alteogen（+3.1%）。另一方面，排名靠后的是SK海力士（-0.9%）和Celltrion（-1.3%）。本周，该指数有望上涨近2%。

The benchmark KOSPI index edged higher to around 2,474 points on Friday, following an almost 1% rise in the previous session, as investors continued to assess promising developments in US-South Korea trade negotiations. Traders also digested the Bank of Korea's recent decision to hold interest rates steady, as expected, while signaling a potential rate cut next month to address economic risks from US tariff policies. The outlook for South Korea's GDP growth has been revised downward, with a forecast now below the previous 1.5% estimate, while inflation is expected to remain around 2%. Among sectors, transportation stocks led the gains, with Hyundai Motor and Hyundai Glovis advancing more than 5% and nearly 4%, respectively. Other notable gainers included Hanwha Aerospace (+2.6%), Naver (+1.1%), and Alteogen (+3.1%). On the flip side, top laggards were SK Hynix (-0.9%) and Celltrion (-1.3%). For the week, the index is poised for a nearly 2% increase.

基准韩国综合股价指数周四上涨0.9%，收于2470点，较前一交易日反弹，因投资者对韩国央行最近的货币政策决定做出反应，并关注美韩贸易关系的积极发展。央行在2025年4月的会议上将基准利率维持在2.75%，符合预期，并保持在2022年9月以来的最低水平。下周即将与美国举行的贸易谈判增加了积极情绪。首尔正寻求深化与华盛顿在造船和能源等关键领域的合作，巩固其作为仅次于中国的世界第二大造船商的地位。这一前景提振了造船类股，现代重工上涨3.7%，三星重工上涨2.8%，韩华海运上涨0.8%。其他显著上涨的股票包括三星电子（0.9%）、SK海力士（0.7%）、三星生物制品（3.5%）和韩华航空航天（3.2%）。

The benchmark KOSPI index rose 0.9% to close at 2,470 points on Thursday, rebounding from the previous session as investors reacted to the recent monetary policy decision from the Bank of Korea and focused on promising developments in US–South Korea trade relations. The central bank held its base rate at 2.75% during its April 2025 meeting, in line with expectations and remaining at its lowest level since September 2022. Adding to the positive sentiment were the upcoming trade talks with the US, scheduled for next week. Seoul is seeking to deepen cooperation with Washington in key sectors such as shipbuilding and energy, reinforcing its position as the world’s second-largest shipbuilder after China. This outlook boosted shipbuilding stocks, with Hyundai Heavy Industries gaining 3.7%, Samsung Heavy Industries rising 2.8%, and Hanwha Ocean up 0.8%. Other notable gainers included Samsung Electronics (0.9%), SK Hynix (0.7%), Samsung Biologics (3.5%), and Hanwha Aerospace (3.2%).