KOSPI and KOSDAQ Index Turn Upward with Strong Performance in Korea Stock Market

KOSPI and KOSDAQ Index Turn Upward with Strong Performance in Korea Stock Market

[비즈니스포스트] The KOSPI and KOSDAQ index turned upward in one day. According to the Korea Exchange on the 23rd, the KOSPI index closed trading at 2478.61, up 14.26 points (0.58%) from the previous day. ▲ On the 23rd, the KOSPI index ended trading at the 2470 level. The photo shows the Hana Bank dealing room … Read more

Financial Experts Doubt U.S. Federal Reserve Will Slash Interest Rates Soon

Financial Experts Doubt U.S. Federal Reserve Will Slash Interest Rates Soon

[비즈니스포스트] The prevailing opinion among experts is that it is nothing but a ‘foolish judgment’ to have expectations that the U.S. Federal Reserve System (Fed) will lower the benchmark interest rate in the near future. Since it is difficult to predict when an environment will be created for the Federal Reserve to pursue interest rate … Read more

New York Stock Market Soars with All Major Indices Closing Higher: Analysis and Outlook

New York Stock Market Soars with All Major Indices Closing Higher: Analysis and Outlook

[비즈니스포스트] The major indices of the New York stock market all closed higher. At the New York Stock Exchange (NYSE) on the 19th local time, the Dow Jones Industrial Average closed at 37,863.80, up 395.19 points (1.05%) from the previous day. ▲ On the 19th, all major New York stock market indices closed with significant … Read more

Nuclear Power Plant Challenges in the Semiconductor Industry: An International Perspective

Nuclear Power Plant Challenges in the Semiconductor Industry: An International Perspective

▲ The Shika Nuclear Power Plant located in Ishikawa Prefecture, central Honshu, Japan. The Shika Nuclear Power Plant is experiencing difficulties, including a shutdown of operations following a strong 7.6 magnitude earthquake that occurred in Japan on the 1st. [편집자주] “If we phase out nuclear power, we will have to give up not only semiconductors … Read more

Hanmi Pharmaceutical and OCI Group Integration Sparks Internal Strife

Hanmi Pharmaceutical and OCI Group Integration Sparks Internal Strife

[비즈니스포스트] Hanmi Science, the holding company of Hanmi Pharmaceutical Group, and OCI Holdings (OCI), a global advanced materials company, announced group integration. With the group integration, Hanmi Group’s eldest daughters Lim Joo-hyun, president of Hanmi Science, and OCI Chairman Lee Woo-hyun will lead the group under their own representative system. However, it appears that the … Read more

Yoon Se-young of Taeyoung Group Provides TI Holdings and SBS Stocks as Collateral, Pledges to Save Taeyoung Construction through Self-Rescue Efforts: Business Post

Yoon Se-young of Taeyoung Group Provides TI Holdings and SBS Stocks as Collateral, Pledges to Save Taeyoung Construction through Self-Rescue Efforts: Business Post

[비즈니스포스트] Yoon Se-young, founding chairman of Taeyoung Group, appealed to creditors to approve the workout, saying he would also put up TI Holdings and SBS stocks as collateral. At a press conference held at the Taeyoung Construction headquarters in Yeouido, Seoul on the 11th, Founding Chairman Yoon Se-young said, “We will faithfully carry out self-rescue … Read more

KDB Korea Development Bank Demands Full Support for Taeyoung Engineering & Construction Due to Unfulfilled Promises and Financial Vulnerability

KDB Korea Development Bank Demands Full Support for Taeyoung Engineering & Construction Due to Unfulfilled Promises and Financial Vulnerability

[비즈니스포스트] KDB Korea Development Bank, Taeyoung Engineering & Construction’s main creditor bank, demanded that Taeyoung Group support Taeyoung Engineering & Construction with the entire proceeds from the sale of its affiliates. On the 5th, the Korea Development Bank issued a press release titled ‘Creditors’ Position on Taeyoung Group’s Press Release’, saying, “As Taeyoung Group confirmed … Read more

Choi Sang-mok vows to expand market liquidity to respond to Taeyoung Construction: First F4 meeting since taking office

Choi Sang-mok vows to expand market liquidity to respond to Taeyoung Construction: First F4 meeting since taking office

Choi Sang-mok presides over the first F4 meeting since taking office, saying, “We may expand liquidity to respond to Taeyoung Construction” height=”300″ src=” width=”600″ /> ▲ New Deputy Prime Minister and Minister of Strategy and Finance and economic and financial leaders met on the 29th. A commemorative photo is being taken at a meeting on … Read more

KOSPI and KOSDAQ Index Rise Despite Ex-Dividend Date – Foreign Investors Lead Strong Performance

KOSPI and KOSDAQ Index Rise Despite Ex-Dividend Date – Foreign Investors Lead Strong Performance

[비즈니스포스트] Although the ex-dividend date was reached, the KOSPI index rose for two consecutive trading days and ended trading above the 2610 level. The KOSDAQ index also turned upward after 4 trading days. According to the Korea Exchange on the 27th, the KOSPI index closed at 2613.50, up 10.91 points (0.42%) from the previous day. … Read more

December 2023 Consumer Sentiment Index Rebounds, Reflecting Optimism for Economy – Bank of Korea Survey

December 2023 Consumer Sentiment Index Rebounds, Reflecting Optimism for Economy – Bank of Korea Survey

[비즈니스포스트] The consumer sentiment index, which comprehensively represents consumers’ thoughts on the economy, turned upward due to expectations of an end to economic tightening in the United States and the improvement in the export economy. According to the ‘December 2023 Consumer Trend Survey Results’ announced by the Bank of Korea on the 27th, the consumer … Read more