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BOK keeps key rate unchanged for 13th straight session “household debt, US monetary policy direction to be watched”
The Bank of Korea has kept its key interest rate unchanged for the 13th consecutive time.On the morning of the 22nd, the Monetary Policy Committee of the Bank of Korea held its August monetary policy ...
2024-08-22 목요일 | 이성규 기자
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“Gold price” hits record highs on Middle East crisis and US interest rate cut expectations. “Money flocks” to ETFs...
International gold prices are soaring amid rising geopolitical risks in the Middle East and expectations that the U.S. Federal Reserve (Fed) will cut interest rates in September. Yields on gold-relate...
2024-08-21 수요일 | 전한신 기자
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Finance Chairman Meets with Bank Chiefs, “DSR Stress Rate for Metropolitan Area Mortgage Loans Raised to 1.2%p“
The chairman of the Financial Services Commission met with the heads of banks for the first time since his inauguration on Tuesday and asked them to preemptively manage household debt. In line with th...
2024-08-20 화요일 | 한아란 기자
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Chairman Kim Byung-hwan meets with CEOs from across the financial industry... Household Debt Management & Internal Controls to be Strengthened
Kim Byung-hwan, chairman of the Financial Services Commission, will hold a series of meetings with CEOs of major financial institutions, including credit business, securities, insurance, financial inv...
2024-08-20 화요일 | 한아란 기자
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Seoul's Housing Prices Surge... Will South Korea follow the US and cut rates in September?
With apartment prices soaring at an alarming rate, especially in Seoul, the market is divided on whether South Korea will cut its benchmark interest rate in line with the US Federal Reserve's move to ...
2024-08-19 월요일 | 장호성 기자
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HMM Middle East Risk quadruples operating profit...but privatization?
HMM, Korea's largest flag carrier, has benefited from rising ocean freight rates due to risks from the Middle East. The Shanghai Container Freight Index (SCFI) skyrocketed, resulting in a fourfold yea...
2024-08-16 금요일 | 손원태 기자
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6th Generation HBM Competition... Samsung Electronics 'All-in-One' vs SK Hynix 'Super Gap'
The competition between Samsung Electronics and SK Hynix to develop next-generation AI semiconductor memory HBM4 (High Bandwidth Memory, 6th Generation) products, which is scheduled to be released nex...
2024-08-14 수요일 | 김재훈 기자
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National Pension Service, 'KRW 1.35 trillion' domestic real estate investment start... Loan (Debt) · Core platform investment ['Big hand' pension fund · mutual aid association]
The National Pension Service, a representative pension fund, is launching a large-scale domestic real estate investment project worth 1.35 trillion won.According to the IB industry on the 13th Aug., t...
2024-08-13 화요일 | 정선은 기자
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LS ELECTRIC is Newly Inscribed in MSCI Korea Index
LS ELECTRIC has been added to the Morgan Stanley Capital International (MSCI) Korea Index constituents.SK IE TECHNOLOGY (SKIET) was removed from the index.MSCI announced today (Aug. 13) the adjustment...
2024-08-13 화요일 | 정선은 기자
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Chung Eui-sun's 'Big Picture' drawn through robot company Boston Dynamics
The M&A (merger and acquisition) value of Boston Dynamics, a robotics company that Hyundai Motor Group Chairman Chung Eui-sun has invested his personal money in, is expected to be revealed in earnest ...
2024-08-12 월요일 | 곽호룡 기자
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'Reacting' to falling interest rates... S-Oil, Samsung C&T, etc. rush to issue high-grade bonds [Debt Capital Markets]
The bond market has been rallying as recession fears and yen carry trade liquidation have unnerved the market. As interest rates are expected to fall in the future, domestic companies are also raising...
2024-08-09 금요일 | 이성규 기자
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'Memory boom' Samsung Electronics, when will foundry and system LSI recover?
Samsung Electronics has surpassed KRW 10 trillion in quarterly operating profit for the first time in seven quarters, thanks to strong performance in its memory business, including high-bandwidth me...
2024-08-08 목요일 | 김재훈 기자
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Kakao Games "Cleaned up non-core business from 3Q...game-centered reorganization"
Kakao Games is rushing to reorganize its business structure centered on its gaming business after posting sluggish results in the second quarter of this year due to the disappointing performance of it...
2024-08-07 수요일 | 김재훈 기자
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Deputy Prime Minister Choi Sangmok "Stock market plunge excessive...policy response capacity sufficient" [Korean stock market]
Choi Sang-mok, Deputy Prime Minister and Minister of Strategy and Finance, assessed that the stock market crash in Korea was excessive. He emphasized that the government's policy response capabilities...
2024-08-06 화요일 | 이성규 기자
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Reducing 'Snowball' Household Loans... Kim Byung-hwan’s 'Crisis Response Ability' to be put to test
Commissioner of the Financial Services Commission, Kim Byung-hwan's internalization of the Debt Service Ratio(DSR) has become a hot topic in the financial sector. This is because the new head of the f...
2024-08-05 월요일 | 이용우 기자
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Sonata, 'Power of Taxi', Succeeds in Rebounding Sales Despite Recession
Hyundai Motor's mid-sized sedan Sonata has partially succeeded in rebounding in sales since its design transformation.According to Hyundai Motor Company, domestic sales of the Sonata were 5,532 units ...
2024-08-02 금요일 | 곽호룡 기자
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SK On's Q2Y24 Losses KRW 460.1 Billion... Sales Are Halved
SK Innovation announced on the 1st that it recorded sales of 1.5535 trillion won and operating loss of 460.1 billion won in the battery business (SK On) in the second quarter of this year. Sales d...
2024-08-01 목요일 | 곽호룡 기자
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Samsung Electronics Launches Two High-Capacity 1TB MicroSD Cards
Samsung Electronics announced Aug.1 that it has launched two new 1TB (terabyte) high-capacity microSD cards, the PRO Plus and EVO Plus. The products feature the industry's highest capacity 1Tb Tri...
2024-08-01 목요일 | 김재훈 기자
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Secondary battery stocks, including 'EcoPro 3', bounce back on 'Tesla effect'... 'chasm swamp' remains
A day after Tesla was named Morgan Stanley's top pick for the automotive sector, secondary battery stocks slipped back into the red. Investor sentiment also froze after major battery makers posted wea...
2024-07-31 수요일 | 전한신 기자
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SK Choi Tae-won, “Investing in the U.S., without subsidies, is something to rethink”
SK Group Chairman Choi Tae-won has been traveling abroad more frequently to keep up with trends in the artificial intelligence (AI) industry. Having taken the lead in the early AI era with SK hynix's ...
2024-07-30 화요일 | 전한신 기자
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Hyosung, Crying for Chemical-Construction, Laughing for Heavy Industries
Hyosung Heavy Industries & Construction's power equipment business reaffirmed its upward trend with improved results. Despite being overshadowed by the construction slump, the heavy industry segment w...
2024-07-29 월요일 | 곽호룡 기자
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“Aiming for 50% shareholder return,” Woori Financial shares soar after announcing valuation
Woori Financial Holding is the first banking and financial holding company to unveil a plan to increase its corporate value, and the market is reacting. The company's stock price surged 8% in a single...
2024-07-26 금요일 | 이용우 기자
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LG Energy Solutions lowers revenue target for this year from '5% increase' to '20% decrease'
LG Energy Solutions has drastically lowered its revenue target for this year from '4-6% growth' to 'more than 20% decline'. The company sees the outlook for the second half of the year as uncertain af...
2024-07-25 목요일 | 곽호룡 기자
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[value-up KOREA] What are the main causes of Korean discounts?
It has been pointed out that the main cause of the Korean discount (undervaluation of the Korean stock market) is the infringement of profits in the process of communicating and distributing corporate...
2024-07-24 수요일 | 정선은 기자
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“BTS and NewJeans used it” SJ Group 'doubles' revenue in three years after listing on KOSDAQ...the secret behind?
It was SJ Group CEO Lee Joo-young who brought KANGOL to Korea. KANGOL only landed in Korea in 2008, 70 years after the brand's founding.KANGOL is a fashion brand that was born in England in 1938. At t...
2024-07-23 화요일 | 손원태 기자
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[korean crypto market] Virtual Asset User Protection Act goes into full effect on July 19...what's different?
The 'Virtual Asset User Protection Act', which was enacted to establish a healthy order in the cryptocurrency (virtual asset) market and protect virtual asset users, will be enforced from the 19th. Us...
2024-07-19 금요일 | 전한신 기자