Due to the severe downturn in the global commercial real estate market, overseas real estate mutual funds are rapidly emerging as a new potential catalyst in the financial market. With recent one-year returns plummeting to as low as -80 percent, there are signs indicating the looming realization of
South Korea’s aircraft exports exceeded US$1 billion for the first time in history last year. The successful export of FA-50 fighter jets to Poland is considered to have contributed significantly to this achievement.According to the Korea International Trade Association on Feb. 10, South Korea’s air
Pharmaceutical companies are expanding their presence into Southeast Asia, particularly Indonesia and Vietnam. There is a high preference for Korean products and a high growth potential in these markets, leading to strong optimism about the possibility of expansion. Among these countries, Indonesia
Following the announcement of the government’s introduction of a program to enhance corporate value, stocks with a low price-to-book ratio (PBR) showed strength. Over the past two weeks, foreign investors’ net purchases on the KOSPI surpassed 5 trillion won. While low PBR stocks surged due to foreig
Daewoo Engineering & Construction announced on Feb. 8 that Chairman Jung Won-joo visited India from the 31st of last month to the 6th of this month, where he held meetings with several business figures, including Vice Foreign Minister Dammu Lavi at the Ministry of Foreign Affairs, and executives fro
On Feb. 7, Bloomberg reported that Tesla sold only one unit of the Model Y in Korea in January, citing Korean market research firm CarIsYou and government data.The growth of the electric vehicle market in Korea slowed as high interest rates and inflation have kept consumers from spending, while conc
On Feb. 8, the Fair Trade Commission (FTC) unveiled its agenda for the year, intending to elevate the criteria for designating business conglomerates subject to disclosure. Criticism has been directed at the regulations governing the disclosure of business groups as they are unique to South Korea. T
President Yoon Suk-yeol reiterated the importance of adopting a global standard to address the “Korea Discount,” which indicates the undervaluation of the domestic stock market, during his televised speech on Feb. 7. This has sparked increased interest in low price-to-book ratio (PBR) stocks among i
Apple is accelerating the development of a “foldable iPhone,” entering the foldable phone market pioneered by Samsung Electronics with its Galaxy Fold five years ago.The Information, a specialist IT media outlet, reported on Feb. 7 (local time) that Apple is developing prototypes of a clamshell-shap
The Korea Fair Trade Commission (KFTC) has decided to review the designation of dominant business entities, which is at the core of the Fair Competition Promotion Act (the Platform Act for short). This means that virtually, the Korean market watchdog will review the designation from scratch. Industr
Partnerships are on the uptick between North America’s No. 1 automaker General Motors (GM) and Korean companies. They started with electric vehicle batteries and are now expanding to battery materials and electronics and semiconductors.GM Chairwoman Mary Barra, who made her first visit to Korea on F
The domestic copper foil industry is strategically increasing investments in North America and Europe, aiming to gain a competitive advantage over China, which is launching a low-cost offensive in the medium to long term.As of Feb. 7, industry sources indicate that Lotte Advanced Materials plans to
Last year, Taiwan Semiconductor Manufacturing Company (TSMC) achieved the top spot in semiconductor sales worldwide for the first time. On Feb. 6, Taiwan News reported that TSMC, established in 1987, has become the leading semiconductor sales company for the first time.According to TriOrient Investm
SK hynix and Taiwan’s TSMC have established an “AI semiconductor alliance.” SK hynix, riding the wave of generative AI popularity, has emerged as a leader in the high bandwidth memory (HBM) market, while TSMC is the world’s largest semiconductor foundry. The strategy aims to consolidate the companie
Samsung Biologics has announced a collaboration with LegoChem Biosciences for the development of Antibody-Drug Conjugate (ADC) therapeutics.On Feb.7, Samsung Biologics revealed it had entered into a new Contract Development Organization (CDO) agreement with LegoChem Biosciences (hereinafter referred
LG Chem has signed a massive cathode material supply contract worth 25 trillion won with General Motors (GM). With the U.S. Tennessee cathode material plant at its core, LG Chem plans to strengthen its cooperation in the North American market alongside GM.LG Chem announced on Feb. 7 that it had sign
Kim Joo-sun, president of SK hynix, who is in charge of the newly established artificial intelligence (AI) infrastructure, announced on Feb. 7, “We will continue to ensure that no one doubts the proposition ‘AI memory equals SK hynix’ by enhancing communication and partnership to maximize the value
Coway Co., Ltd., the “Best Life Solution Company,” has released its financial results for the fourth quarter and fiscal year 2023."We’re proud to have achieved such a successful 2023, even in the face of significant challenges present in both domestic and international markets. Our stable performanc
Hyundai Glovis has secured four of the world’s largest pure car and truck carriers (PCTCs). They are expected to help alleviate a shortage of vessels for the Korean automobile industry.Hyundai Glovis announced on Feb. 6 that it signed a memorandum of understanding (MOU) with Korea Ocean Business Cor