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Monday, October 23, 2017

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The head of the Samsung Group will change to vice chairman Lee Jae-yong from chairman Lee Kun-hee when the Fair Trade Commission announces the list of large enterprises in April of next year according to new laws.
Head of Samsung Group
17 October 2017 - 3:45pm
According to the (FTC) of Korea on October 16, as it has been pointed out as a problem that Lee Kun-hee, chairman of the Samsung Group and Shin Kyuk-ho, chairman of the Lotte Group, have been unable...
A bird’s-eye view of nuclear plant in Moorside, the U.K.
Regardless of Nuclear Phase-out Policy?
17 October 2017 - 3:30pm
The Korean government began to draw up a financial plan to support the KEPCO in winning an order for a nuclear power plant in the UK. It is said that the government may have launched an exit strategy...
Foreign investors continued to sell South Korean stocks and bonds worth 4.8 trillion won (US$4.25 billion) in September and October in a row.
Seoul Bourse
17 October 2017 - 3:30pm
Foreign investors continued to sell South Korean stocks and bonds worth 4.8 trillion won (US$4.25 billion) for last two months in a row. According to the Financial Supervisory Service (FSS) on...
Foreign investors net purchased 707.9 billion won (US$627.02 million) worth of bonds in the over-the-counter market this month.
Turning to Net Purchase
17 October 2017 - 2:45pm
According to the Korea Financial Investment Association on October 16, foreign investors, which left the South Korean bond market, are coming back again. Foreign investors, who showed the selling...
Korea’s ICT exports in September of this year were the highest-ever monthly record of US$19.26 billion, posting a 32.6% increase year on year.
Record High Export Repeated
17 October 2017 - 2:00am
The Ministry of Science and ICT and the Ministry of Trade, Industry and Energy (MOTIE) announced on October 16 that Korea’s ICT exports in September of this year were the highest-ever monthly record...
The Korean government denied the United States had asked Korea to abolish regulations on cloud computing services and include it as one of the agendas in a Korea-US FTA renegotiation.
Gov't Denial
17 October 2017 - 1:45am
The Korean Ministry of Science and ICT explained on October 16 that it was not true that some local news outlets reported that the United States asked Korea to abolish regulations on cloud computing...
A bird’s-eye view of LG home appliance factory in the state of Tennessee, the US.
Scope of Safeguard Targets
16 October 2017 - 4:15pm
According to the electronics industry on October 15, the US International Trade Commission (ITC) will hold a public hearing on relief steps for import washing machines at its Washington office on...
Consumer Reports recommended the “Samsung Chef Collection RF34H9960S4” model, calling it the best product among large refrigerators.
‘Best Buy’ Refrigerators
16 October 2017 - 4:15pm
According to industry sources on October 16, Consumer Reports recently conducted a performance test on three-door and four-door French-door refrigerators of major home appliances companies, selecting...
The war of nerves between the OLED camp led by LG Electronics and the QLED camp led by Samsung Electronics in the global TV market is more intense than you can imagine.
Expression of Sense of Crisis?
16 October 2017 - 3:30pm
As Samsung Electronics recently uploaded a video claiming technical faults of organic light-emitting diode (OLED) display panels to YouTube, all eyes are on what the company’s intention is....
More than 60 percent of the market capitalization of companies listed on the Seoul bourse were taken up by the listed units of the nation’s top four business groups such as Samsung, Hyundai motors, SK and LG.
Led by Top 4
16 October 2017 - 3:30pm
The market capitalization of companies listed on the South Korean stock market increased by more than 300 trillion won (US$266.15 billion) this year. However, over 60 percent of them were taken up by...
Chinese internet business company Tencent will resume its investment in Korean content companies amid the Chinese government’s restriction on Korean products and services since the deployment of the THAAD in Korea.
Amid THADD Retaliation
16 October 2017 - 11:00am
Chinese internet business company Tencent will resume its investment in Korean content companies with great growth potential. It is forecast that Tencent’s resumption of investment in Korean contents...
More than a half of short stock selling is traded by foreign financial firms in the South Korean stock market.
Short Stock Selling
16 October 2017 - 11:00am
More than a half of short stock selling is traded by foreign financial firms in the South Korean stock market. According to the data from National Assembly National Policy Committee member and the...

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