Korea Daily News (August 20, 2024)
Economy & Business: Kiosk improvements at Lotteria and Angel-in-us: Introduction of user-friendly kiosks for the elderly and disabled. KB Kookmin Card and Hyundai Steel collaboration: Launch of a corporate card for the online steel shopping mall. EcoBit sale: The sale of the comprehensive environmental company EcoBit is progressing. Noroo Paint eco-friendly certification: Noroo Paint became […]
Korea Daily News (August 19, 2024)
1. Economy and Finance Samsung Biologics: The sanctions imposed by the financial authorities due to accounting fraud were fully annulled by the court. Samsung Life Insurance: The stock price rose by over 5% due to expectations of a strengthened dividend policy. 2. Sports Korean Archery Team: Dominated all events at the 2024 Paris Olympics, […]
Korea Daily News (August 16, 2024)
1. Domestic Politics Seoul Mayor’s Liberation Day Remarks: Seoul Mayor Oh Se-hoon emphasized the need for true reflection on how to overcome Japan during his remarks at the 79th Liberation Day ceremony. Although the ceremony was held under unusual circumstances, Mayor Oh urged a quick response to changing global dynamics and to consider ways to […]
Korea Daily News (August 14, 2024)
Economy and Industry Hazardous Materials Detected: Products sold on AliExpress, Temu, and Shein have been found to contain hazardous materials exceeding domestic safety standards, prompting consumer warnings. Real Estate and Finance: Daishin Securities has downgraded its target price for JYP Entertainment, while mortgage rates at major banks are expected to continue rising. CJ CheilJedang and […]
Korea Daily News (August 13, 2024)
Economy/Industry KG Mobility (KGM): The Actyon SUV recorded 55,000 pre-orders, with a mass production commemorative event held. Hyundai Motor: Introduced electronic paper (E-paper) access badges, a first in South Korea. Wu-Am Construction: Demonstrated notable growth, climbing in the construction capability rankings compared to the previous year. Korea Investment & Securities: Lowered the target price for […]
Korea Daily News (August 12, 2024)
Sports Paris Olympic Success: South Korea excelled in the 2024 Paris Olympics, winning 13 gold medals. Donald Trump: Praised Lydia Ko, the gold medalist in women’s golf at the 2024 Paris Olympics, for her skills and character. Society Increase in Youth Crime: A rise in a new form of youth crime where personal information […]
Korea Daily News (August 9, 2024)
Economy Rising Seoul Housing Prices and Reasonable Supply Seoul’s housing prices continue to rise, while HDC Hyundai Development Company will begin a no-priority application process for Seodaemun Central I-Park. Point: The ongoing increase in Seoul’s real estate market and the attention on reasonably priced housing. KT Q2 Earnings Announcement KT maintains solid performance due to […]
Korea Daily News (August 8, 2024)
Economy and Business Kakao: Second-quarter platform revenue increased by 10% year-on-year. Mobility and Pay platform revenue grew by 18%, while Story platform revenue decreased by 7%. Lotte Shopping/Shinsegae: Second-quarter poor performance led to a downward revision of target stock prices. Pearl Abyss: Increased advertising expenses resulted in a second-quarter deficit. Black Desert is scheduled for […]
Korea Daily News (August 7, 2024)
Sports Ahn Se-young’s Olympic Remarks: Badminton gold medalist Ahn Se-young’s pointed remarks have gained attention, while the Badminton Association faces criticism for not posting photos related to her gold medal on social media. Economy and Industry FM Bio Products: Products like ‘Solomon Toothpaste’ and ‘Solomon Water’, which emphasize natural ingredients, are gaining popularity. Domestic […]
Korea Daily News (August 6, 2024)
Economy Samsung Electronics and SK Hynix Stocks: Samsung Electronics and SK Hynix, which had plummeted the previous day, rebounded by over 4% in early trading, with the KOSPI index also starting on an upward trend. Stock Market and KOSDAQ: A buy-sidecar was activated, marking the first occurrence in several years. SK Hynix Performance: Kiwoom Securities […]