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Mon, September 25, 2023 | 22:10
Financial firms to tighten monitoring on rising delinquency rate
Financial firms to tighten monitoring on rising delinquency rate
The top five financial holding firms here will focus on monitoring potential business risks in the second half, as part of a preemptive move to deal with rising delinquency rates.
Lee Min-hyung | 2023-07-05 16:25
[ANALYSIS] Why foreigners are selling Naver, Kakao stocks
ANALYSISWhy foreigners are selling Naver, Kakao stocks
The prices of two major Korean Big Tech stocks, Naver and Kakao, have continued to falter over the past few months. This is in stark contrast to the stock prices of Big Tech firms in the U.S. that have increased into the double digits, fueled by the growing artificial intelligence sector.
Anna J. Park | 2023-07-03 16:50
KONEX market celebrates 10th anniversary
KONEX market celebrates 10th anniversary
The Korea New Exchange (KONEX) market, a local securities exchange exclusive for small and medium-sized enterprises and startup companies, marks its 10th anniversary this summer. Since its establishment on July 2, 2013, the total market cap of the bourse market has grown by over tenfold to 4.2 trillion won ($3.2 billion) from 400 billion won a decade ago.
Anna J. Park | 2023-07-03 16:43
Newly listed stocks' fluctuations increase with higher price cap rule
Newly listed stocks' fluctuations increase with higher price cap rule
With the implementation of the new higher price cap rule applying to newly listed stocks starting last week, stocks that went public this past week have shown rollercoaster-like fluctuations.
Anna J. Park | 2023-07-02 16:09
[Contribution] Detailed examination of US recession risks
ContributionDetailed examination of US recession risks
We published our second-half economic outlook last month. For the U.S. economy, we anticipate that amid solid service-sector growth, the manufacturing sector will start to rebound by the fourth quarter of this year, as the Fed's rate hike pause will lead to declining real market yields, and hence, act as a tailwind for investment goods orders with a time lag. Korean exports w...
2023-07-02 14:20
Wall St rallies; Nasdaq hits 40-yr milestone, Apple scales $3 trillion
Wall St rallies; Nasdaq hits 40-yr milestone, Apple scales $3 trillion
Wall Street's three major indexes advanced solidly Friday, with the tech-heavy Nasdaq boasting its biggest first-half gain in 40 years as inflation showed signs of cooling while Apple closed with a $3 trillion market valuation.
2023-07-01 08:51
Korea Exchange urged to beef up monitoring of unfair trading
Korea Exchange urged to beef up monitoring of unfair trading
The Korea Exchange is being urged to bolster the monitoring of unfair trade practices, as it investigated only 27 cases involving such violations in the first half of this year, data showed Friday. According to data compiled by Rep. Yoon Young-deok of the main opposition Democratic Party of Korea, the exchange operator monitored a total of 109 unfair trading practices in 2021...
Lee Min-hyung | 2023-06-30 16:25
Will KOSPI continue downward spiral?
Will KOSPI continue downward spiral?
The benchmark KOSPI is on track to enter an adjustment period amid a selling spree by foreign investors seeking to take profits sparked by a weakening valuation of the Korean won against the U.S. dollar. According to data from the Korea Exchange, foreign investors net sold 893.2 billion won ($677.64 million) worth of Korean shares between June 1 and 29.
Lee Min-hyung | 2023-06-30 16:16
Wall Street edges higher, rally in banks offsets jitters about hawkish Fed
Wall Street edges higher, rally in banks offsets jitters about hawkish Fed
U.S. stock indexes ticked up on Thursday as bank shares rose after major lenders cleared the Federal Reserve's annual stress test, while strong economic data stoked expectations of further interest rate hikes from the central bank.
2023-06-30 09:57
Legal barriers impede expansion of Korea's pet insurance market
Legal barriers impede expansion of Korea's pet insurance market
One in four Korean households include pets and that number is only expected to grow. Yet, unlike other relevant markets showing continuous growth, insurance firms are struggling to expand the pet insurance market.
Lee Yeon-woo | 2023-06-30 09:20
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Top 10 Stories
1Samsung, SK relieved by revised chip restrictions on China Samsung, SK relieved by revised chip restrictions on China
2S. Korea to stage massive military parade as tensions with North remain high S. Korea to stage massive military parade as tensions with North remain high
3Seoul, Beijing try to mend fences as Russia and N. Korea grow closer Seoul, Beijing try to mend fences as Russia and N. Korea grow closer
4Patients, doctors at loggerheads as operating room CCTV footage made mandatory Patients, doctors at loggerheads as operating room CCTV footage made mandatory
5Korea, Saudi Arabia celebrate 93rd Saudi National Day, vow stronger cooperation Korea, Saudi Arabia celebrate 93rd Saudi National Day, vow stronger cooperation
6Mirae Asset Global Investments' AUM reaches $219 bil. Mirae Asset Global Investments' AUM reaches $219 bil.
7Lee Jae-myung's possible arrest looms over main opposition party Lee Jae-myung's possible arrest looms over main opposition party
8Bears of Joseon part 2: Behind bars Bears of Joseon part 2: Behind bars
9LG Chem to build LFP cathode plant with Huayou in Morocco LG Chem to build LFP cathode plant with Huayou in Morocco
10Low growth becomes new normal for Korean economy Low growth becomes new normal for Korean economy
DARKROOM
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    Happy New Year 2023

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