The government announced today the start of the new project application period for this year as part of its global R&D initiative, aiming to establish a cooperative hub with top overseas research institutions. In particular, through the newly introduced “Top-tier” project, which is valued at 10 bill
It has been revealed that over 90 percent of nuclear power plants with operating licenses that have expired in major overseas countries are undergoing safety assessments and extending their operational lifespans for continued operation.The active pursuit of continued operation by various countries i
The Korea Exchange (KRX) announced on Feb. 6 that it will open the “30-Year Treasury Futures Market” from Feb. 19 to promote the advancement of the government bond market and hedge against risks from long-term interest rate fluctuations. This marks the first time in 16 years since the introduction o
LG Electronics continued its strong performance in 2023, setting new records in sales for the third consecutive year and achieving significant growth. Notably, in the fourth quarter of 2023, its operating profit surged by an impressive 350.9% compared to the same period last year, demonstrating soli
POSCO International is rapidly transforming into an eco-friendly comprehensive business company and a business platform provider.POSCO International announced on Dec. 19 that, in its first year since the merger with POSCO Energy, it has successfully established three major business value chains -- e
La French Tech is thrilled to announce the grand celebration of its 10th anniversary during the Tech4Good Tour 2023. The event will take place on Monday, November 6th, from 9:30 AM to 5:00 PM at the Novotel Ambassador Hotel Dongdaemun, a day filled with innovation, networking, and inspiring presenta
The KOSPI index has fluctuated amid consecutive adverse developments, returning to its January levels. Compared to the annual high of 2,667.07 on Aug. 1, it has declined by 13.7 percent.On Oct. 26, the KOSPI index closed at 2,299.08, marking a 2.17 percent decline, while the KOSDAQ index concluded a
South Korea has signed a Free Trade Agreement (FTA) with the United Arab Emirates (UAE), marking its first such agreement with a Middle Eastern country and its 24th FTA overall.The Ministry of Trade, Industry and Energy announced that Ahn Deok-geun and Thani bin Ahmed Al Zeyoudi concluded Comprehens
South Korean government bond yields have been on a soaring trajectory, surging by nearly 0.5 percentage points in just the past month, and are now heading towards the 5 percent range.According to the Economic Statistics System of the Bank of Korea (BOK) on Oct. 5, the yield on 10-year government bon
Struggling with a bearish trend before the Chuseok holiday, the KOSPI index experienced a sharp decline of over 2 percent on Oct. 4, falling below the 2,400 mark as it was hindered by the rapid increase in U.S. Treasury bond yields. Concurrently, the won-U.S. dollar exchange rate reached its highest
HD Hyundai Heavy Industries (HHI) is expected to be the first company to win a second batch of liquefied natural gas (LNG) carrier orders for its LNG project from Qatar Energy, the state-run energy company of Qatar, beating out Chinese shipbuilders. The contract alone is worth US$3.9 billion for 17
SK hynix’s global DRAM market share crossed 30 percent in the second quarter of this year as a boom in generative artificial intelligence (AI) has fueled demand for high-bandwidth memory (HBM). Its gap with market leader Samsung Electronics has reached its narrowest point in a decade.According to ma
POSCO International, which has announced its takeoff to become an eco-friendly energy giant, seems to be increasing its scale in all stages of the LNG business from exploration and production to supply.Australian natural gas (LNG) company Senex Energy, a subsidiary of POSCO International in Australi
The author is an analyst for NH Investment & Securities. He can be reached at sw.kang@nhqv.com -- Ed.In 1H23, the US FF rate (r) was lower than r* and higher than r**. With the July hike, we believe that r has converged to the r* level. Over time, markets should come gradually to reflect the Fed'
The author is an analyst for NH Investment & Securities. He can be reached at sw.kang@nhqv.com -- Ed.We expect a 25bp base rate hike at the July FOMC meeting. June inflation data is eroding the option a back-to-back hike to follow in September. The remaining options are: 1) making a July uptick the
In the first six months of this year, the net issuance of Korean Paper denominated in foreign currencies by domestic residents, excluding the government, amounted to US$13.3 billion. This marks a significant increase compared to the previous year’s annual net issuance of US$11.4 billion. Furthermore
As the battery technology development cycle gets shorter and shorter, China heats up the race to secure patents, ratcheting up tension in the battery industry.China’s CATL, the world’s No. 1 battery maker by market share, recently registered a patent on a battery technology in just 39 days according
SK on, a battery subsidiary of SK Innovation, and BlueOvalSK, a joint venture between SK on and Ford Motor Company for electric vehicle batteries, has received conditional approval for a policy fund loan of up to US$9.2 billion from the U.S. Department of Energy (DOE).On June 23, SK on announced tha
The author is an analyst for NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.Nara Cellar is the fourth largest wine importer/distributor in Korea. It has established a balanced portfolio of wine from different regions. Through the establishment of an advanced winery n
Hyundai Motor will invest up to 200 billion rupees (3.23 trillion won or US$2.43 billion) in electric vehicles in India over the next seven to ten years, according to a report on May 10. The amount is a fivefold increase from the 40 billion won (US$64.6 billion) over six years announced earlier this