Korea Daily News (October 30, 2024)
Economy Musinsa: Musinsa has appointed Jeon Jun-hee, former CEO of Yogiyo, as the new head of the tech division to accelerate its technology-driven overseas business expansion. SSG Day Event: Josun Hotels & Resorts is participating in Shinsegae Group’s largest annual discount event, offering up to 84% off on over 300 items during the 2024 SSG […]
Korea Daily News (October 29, 2024)
Economy Upbit Coin Gathering Investment Increases: Reached 30,000 users and 60,000 setting cases, with Bitcoin surpassing $70,000. NYSE Extends Trading Hours: U.S. stock trading is expected to become more convenient during the daytime in Korea. Expansion of Housing Supply Plan: Housing supply to be expanded in regions such as Hwaseong-Dongtan and Goyang-Changneung, raising concerns about […]
Korea Daily News (October 28, 2024)
Politics Kim Yo-jong, North Korean Workers’ Party Vice Director: Expressed frustration over South Korea’s lack of response to the Pyongyang drone incident, describing it as a “hypothetical situation.” Japanese House of Representatives election: The ruling Liberal Democratic Party and its coalition partner Komeito failed to secure a majority, signaling a potential shift in Japan’s political […]
Korea Daily News (October 25, 2024)
Economy SK Hynix: Achieved record-breaking performance in Q3 this year, with its stock price surpassing 200,000 KRW during trading. Korea Zinc: Stock price surged amid a management rights dispute, hitting the daily limit for two consecutive days. European Data Centers: Power demand is expected to triple by 2030. LG Electronics: Q3 operating profit increased by […]
Korea Daily News (October 23, 2024)
Politics SPC’s CEO Huh Jin-soo attends dinner hosted by French President: Huh Jin-soo, CEO of SPC, was invited to a dinner hosted by French President Emmanuel Macron. Kimchi ingredient supply stabilization talks: Key officials, including People’s Power Party leader Han Dong-hoon and floor leader Chu Kyung-ho, attended a meeting to discuss stabilizing kimchi ingredient supply. […]
Korea Daily News (October 22, 2024)
Economy Seoul Guarantee Insurance IPO Retry: Seoul Guarantee Insurance has passed its preliminary IPO screening after a year and is preparing for its re-listing attempt. Lotte Construction ESG Activity Report Released: Lotte Construction has published a report detailing its performance in sustainable management and ESG (Environmental, Social, Governance) practices. Keyang Electric Share Price Surge: Keyang […]
Korea Daily News (October 21, 2024)
Society Aging rural areas issue: 71.1% of rice farmers are aged 65 and older, highlighting the severe aging problem in rural areas, coupled with a continued decline in rice consumption. Foreign pension recipients: The number of foreign pension recipients surpassed 10,000 for the first time, with more than half being Chinese nationals. Job provision for […]
Korea Daily News (October 18, 2024)
Society Car Pedal Misoperation Accidents: More than 2,000 accidents annually are caused by mismanaging the brake and accelerator pedals, rather than sudden unintended acceleration. Yongsan Police Corruption Case: A police officer from the Yongsan Police Station in Seoul was arrested for embezzling seized goods, with ongoing concerns about corruption within the police force. Special Forces […]
Korea Daily News (October 16, 2024)
Economy ASML stock plunges after earnings report: ASML’s stock dropped by 16% after their earnings report, with Intel and other semiconductor companies expected to strengthen their collaboration in response. Hybe issues 400 billion won convertible bonds: Hybe has issued 400 billion won worth of convertible bonds, with Mirae Asset Securities selected as the lead underwriter. […]
Korea Daily News (October 15, 2024)
Real Estate • Seoul officetel sales price rise: As Seoul apartment prices have risen for 29 consecutive weeks, the price of officetels, seen as a substitute, has also turned upward. • Seoul private apartment pre-sale prices rise: The private apartment pre-sale price in Seoul has set a new record high after a one-month increase. • […]