Korea Daily News (July 19, 2024)

Politics Election for People Power Party Leader: Voting to elect the new leadership of the People Power Party began on the 19th. Park Chan-dae Acting Leader of the Democratic Party: Park Chan-dae, acting leader of the Democratic Party, welcomed the proposal to form a special committee for constitutional amendments. Hearing on the Death of Marine […]

Korea Daily News (July 18, 2024)

Politics President Yoon Suk-yeol: Announced plans to ensure the protection of teacher rights more meticulously on the first anniversary of the Seoi Elementary School incident. Democratic Party of Korea: The first debate among party leader candidates focused on issues such as the financial transaction tax, unipolar system, and the Chae Hae-byeong special investigation.   Society […]

Korea Daily News (July 17, 2024)

Economy TV Advertising Digital Transformation: Motive Intelligence, the Korea Digital Advertising Association, LG Uplus, SK Broadband, LG Electronics, and New ID are collaborating to identify and promote exemplary cases of digital transformation. Sale of Shares by Major Corporate Owners in Korea: Over the past 18 months, major corporate owners in Korea have sold more than […]

Korea Daily News (July 16, 2024)

Economy and Finance SK Securities and Kakao: SK Securities has downgraded the target price of Kakao. Samsung Securities and NAVER: Samsung Securities has downgraded the target price of NAVER. Government Pressure on Household Loans: Government pressure on household loans has led KB, Hana, and Woori banks to raise additional interest rates. Meanwhile, falling market rates […]

Korea Daily News (July 15, 2024)

Economy Masco (MAS): According to MK Signal, a buy signal has been detected, with positive evaluation as of July 12th. LIG Nex1: Stock price continues to rise, recording 241,000 KRW, up 1.23% from the previous closing price of 206,000 KRW. Busan Electric Vehicle Purchase Support: The city of Busan offers an additional discount of up […]

Korea Daily News (July 12, 2024)

Economy and Finance National Pension Fund Depletion Issue: There is growing discontent among the younger generation, with comparisons being made to a Ponzi scheme. SK Telecom T Deal Hyundai Motor Event: Hyundai is hosting an event to give away the new electric car, Casper Electric.   Exhibitions and Culture Lotte Museum Daniel Arsham Exhibition: An […]

Korea Daily News (July 11, 2024)

Economy Special Employment Workers Enrollment Issue: Only 37% of the 1.66 million special employment workers are enrolled in the National Pension. Measures needed. Kiwoom Securities: Raised Kia’s first-half operating profit target stock price to 150,000 KRW. Hana Securities: Adjusted SK Hynix’s target stock price to 280,000 KRW. Increase in Household Loans: Bank household loans increased […]

Korea Daily News (July 10, 2024)

Economy Increase in National Pension Stock Valuation: The National Pension Service’s stock valuation increased by 9 trillion won compared to the previous quarter, driven by the success of major semiconductor companies. FSS Guidelines for Fractional Investments: The Financial Supervisory Service announced best practices and guidelines for reporting investment contract securities related to fractional investments in […]

Korea Daily News (July 9, 2024)

Economy Hyundai Motor Group and Oxford University: Hyundai Motor Group is establishing a research center with Oxford University to develop a long-term vision. KOSPI Surge: KOSPI surpassed the 2870 mark, leading to rosy forecasts from securities firms, but distrust among individual investors persists. Hana Securities: Hana Securities lowered the target price for Kakao from 72,000 […]

Korea Daily News (July 8, 2024)

Stocks and Finance Naver Target Price Downgrade: Mirae Asset Securities has lowered Naver’s target price by 6% to 240,000 KRW, citing slowed growth and projecting that second-quarter earnings will fall short of consensus expectations. Mastern Investment Management: Published a sustainability management report that integrates ESG management activities and key performance metrics. Hyosung Heavy Industries: Signed […]